Royal Bank of Canada Portfolio holdings
Royal Bank of Canada (RBC), founded in 1864 and headquartered in Toronto, is Canada’s largest bank by market capitalization and one of the leading financial institutions in North America, offering a comprehensive suite of services including personal and commercial banking, wealth management, insurance, and capital markets. Managing hundreds of billions in assets, RBC serves millions of clients globally, with a significant presence in the U.S. and Caribbean through subsidiaries like RBC Wealth Management and City National Bank. Known for its stability and consistent profitability, RBC has earned a reputation as a conservative yet innovative bank, expanding its digital offerings and sustainability initiatives in recent years. With a strong focus on customer service and a robust international footprint, RBC remains a cornerstone of the Canadian and global financial systems.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Imperial Bank of Commerce
CM
|
+$593M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$578M |
| 3 |
JPMorgan Chase
JPM
|
+$507M |
| 4 |
Canadian Natural Resources
CNQ
|
+$440M |
| 5 |
Air Products & Chemicals
APD
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.43B |
| 2 |
Morgan Stanley
MS
|
+$915M |
| 3 |
Microsoft
MSFT
|
+$838M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$833M |
| 5 |
NVIDIA
NVDA
|
+$790M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.59% |
| 2 | Technology | 15.8% |
| 3 | Industrials | 8.04% |
| 4 | Healthcare | 7.25% |
| 5 | Consumer Discretionary | 6.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3101
ProShares Large Cap Core Plus
CSM
$537M
| $1.43M | ﹤0.01% |
23,581
-4,122
| -15% | -$237K |
|
3102
John Wiley & Sons Class B
WLYB
| $1.43M | ﹤0.01% |
37,700
| – | – |
|
3103
Concentrix
CNXC
$1.49B
| $1.43M | ﹤0.01% |
21,578
+11,319
| +110% | +$919K |
|
|
ETB
3104
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$455M
| $1.43M | ﹤0.01% |
104,544
-2,637
| -2% | -$35.1K |
|
3105
Royce Quant Small-Cap Quality Value ETF
SQLV
$41.3M
| $1.43M | ﹤0.01% |
34,328
+2,324
| +7% | +$93.8K |
|
3106
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $1.42M | ﹤0.01% |
66,563
-48,782
| -42% | -$994K |
|
3107
CALL
SolarEdge
SEDG
$1.99B
| $1.42M | ﹤0.01% |
20,000
| – | – |
|
3108
JPMorgan US Value Factor ETF
JVAL
$874M
| $1.42M | ﹤0.01% |
34,025
+9,693
| +40% | +$382K |
|
3109
JPMorgan US Momentum Factor ETF
JMOM
$2.64B
| $1.41M | ﹤0.01% |
26,777
+16,739
| +167% | +$823K |
|
3110
Fluence Energy
FLNC
$2.43B
| $1.41M | ﹤0.01% |
81,264
+16,668
| +26% | +$305K |
|
3111
City Holding Co
CHCO
$2.07B
| $1.41M | ﹤0.01% |
13,504
-4,136
| -23% | -$427K |
|
3112
CALL
Eldorado Gold
EGO
$10.4B
| $1.41M | ﹤0.01% |
100,000
-35,000
| -26% | -$425K |
|
|
GMS
3113
DELISTED
GMS Inc
GMS
| $1.41M | ﹤0.01% |
14,448
-2,580
| -15% | -$226K |
|
|
PPBI
3114
DELISTED
Pacific Premier Bancorp
PPBI
| $1.4M | ﹤0.01% |
58,360
-35,845
| -38% | -$898K |
|
3115
iShares S&P GSCI Commodity-Indexed Trust
GSG
$940M
| $1.4M | ﹤0.01% |
63,462
-12,188
| -16% | -$256K |
|
3116
Tiptree Inc
TIPT
$672M
| $1.4M | ﹤0.01% |
80,973
-75,011
| -48% | -$1.35M |
|
3117
Nuveen Select Tax-Free Income Portfolio
NXP
$902M
| $1.4M | ﹤0.01% |
96,747
-1,179
| -1% | -$17.2K |
|
|
DEA
3118
Easterly Government Properties
DEA
$1.17B
| $1.4M | ﹤0.01% |
48,483
-16,929
| -26% | -$514K |
|
3119
Pacer Trendpilot International ETF
PTIN
$191M
| $1.4M | ﹤0.01% |
47,997
-2,922
| -6% | -$81.5K |
|
3120
Jack in the Box
JACK
$327M
| $1.39M | ﹤0.01% |
20,351
-408
| -2% | -$30.7K |
|
3121
iShares Core Conservative Allocation ETF
AOK
$794M
| $1.39M | ﹤0.01% |
37,802
-36,146
| -49% | -$1.31M |
|
|
RDFN
3122
DELISTED
Redfin
RDFN
| $1.39M | ﹤0.01% |
209,180
-35,860
| -15% | -$272K |
|
|
DOOR
3123
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $1.39M | ﹤0.01% |
10,573
-11,111
| -51% | -$1.25M |
|
3124
Blackbaud
BLKB
$2.05B
| $1.39M | ﹤0.01% |
18,679
-9,579
| -34% | -$732K |
|
3125
Invesco S&P 500 Downside Hedged ETF
PHDG
$65.2M
| $1.39M | ﹤0.01% |
37,667
+3,894
| +12% | +$138K |
|
Similar funds
Royal Bank of Canada's Q1 2024 Portfolio in Review
As of Q1 2024, Royal Bank of Canada held 7,910 positions worth $436B, up 1.8% from $428B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Royal Bank of Canada withdrew a net $22.8B in Q1 2024, closing 495 positions and reducing 4,132 holdings. Its most notable exit was Splunk Inc, an estimated $93.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Royal Bank of Canada opened a new position in Flutter Entertainment worth $56.3M.
- Royal Bank of Canada's largest Q1 2024 buy was Flutter Entertainment: 285,002 shares worth $56.3M.
- Royal Bank of Canada added most to Canadian Imperial Bank of Commerce in Q1 2024, an estimated $593M increase.
- Royal Bank of Canada's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.43B.
- Royal Bank of Canada fully exited Splunk Inc in Q1 2024, selling an estimated $93.4M.
- Royal Bank of Canada's ten largest holdings make up 19% of its $436B portfolio in Q1 2024.
- Royal Bank of Canada opened 367 new positions and closed 495 in Q1 2024.
- Royal Bank of Canada's portfolio value rose 1.8% quarter-over-quarter to $436B.
Based on Royal Bank of Canada's 13F filing for Q1 2024, filed 15 May 2024.