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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.39B |
| 2 |
Amazon
AMZN
|
+$734M |
| 3 |
Accenture
ACN
|
+$720M |
| 4 |
Broadcom
AVGO
|
+$617M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$521M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.55B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$677M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$578M |
| 4 |
T-Mobile US
TMUS
|
+$560M |
| 5 |
NVIDIA
NVDA
|
+$475M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.81% |
| 2 | Technology | 16.64% |
| 3 | Industrials | 7.27% |
| 4 | Healthcare | 7.2% |
| 5 | Consumer Discretionary | 6.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $261M | 0.05% |
1,928,091
+222,320
| +13% | +$28.3M |
|
302
Shell
SHEL
$249B
| $259M | 0.05% |
3,923,302
+125,816
| +3% | +$8.91M |
|
|
GRP.U
303
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $257M | 0.05% |
4,203,562
-108,209
| -3% | -$5.96M |
|
304
HP
HPQ
$26.8B
| $255M | 0.05% |
7,113,234
-1,250,852
| -15% | -$44.1M |
|
305
PUT
Citigroup
C
$231B
| $255M | 0.05% |
4,070,500
+1,285,000
| +46% | +$79.5M |
|
306
Vanguard Real Estate ETF
VNQ
$38.6B
| $252M | 0.05% |
2,583,912
+527,323
| +26% | +$48.6M |
|
307
iShares S&P 500 Value ETF
IVE
$50B
| $251M | 0.05% |
1,275,535
-46,396
| -4% | -$8.81M |
|
308
Cincinnati Financial
CINF
$26.5B
| $251M | 0.05% |
1,846,389
+25,721
| +1% | +$3.33M |
|
309
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $251M | 0.05% |
5,720,200
-1,847,800
| -24% | -$82.6M |
|
310
PUT
Microsoft
MSFT
$3.66T
| $249M | 0.05% |
579,200
+187,700
| +48% | +$80.2M |
|
311
Paychex
PAYX
$42.8B
| $249M | 0.05% |
1,852,419
-380,399
| -17% | -$48.3M |
|
312
TFI International
TFII
$12B
| $248M | 0.05% |
1,813,444
+4,431
| +0.2% | +$654K |
|
313
Verisk Analytics
VRSK
$23.5B
| $247M | 0.05% |
922,050
+206,790
| +29% | +$56M |
|
314
UBS Group
UBS
$177B
| $247M | 0.05% |
7,987,916
+123,118
| +2% | +$3.7M |
|
|
315
CALL
Microsoft
MSFT
$3.66T
| $246M | 0.05% |
572,200
+255,300
| +81% | +$109M |
|
316
Monolithic Power Systems
MPWR
$70B
| $245M | 0.05% |
264,533
+65,389
| +33% | +$56.5M |
|
317
Schwab US Dividend Equity ETF
SCHD
$107B
| $242M | 0.05% |
8,580,486
+200,766
| +2% | +$5.47M |
|
318
Citizens Financial Group
CFG
$31.1B
| $241M | 0.05% |
5,872,388
+571,392
| +11% | +$23.1M |
|
319
CALL
JPMorgan Chase
JPM
$971B
| $240M | 0.05% |
1,137,600
+1,104,700
| +3,358% | +$233M |
|
320
United Rentals
URI
$70.3B
| $237M | 0.05% |
292,122
+141,787
| +94% | +$102M |
|
321
Cencora
COR
$60B
| $236M | 0.05% |
1,050,549
+85,991
| +9% | +$20M |
|
322
Vanguard Total World Stock ETF
VT
$81.4B
| $236M | 0.05% |
1,973,685
+45,362
| +2% | +$5.22M |
|
323
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $236M | 0.05% |
2,407,706
-931,267
| -28% | -$89.8M |
|
324
PUT
Toronto Dominion Bank
TD
$204B
| $235M | 0.05% |
3,717,200
+676,500
| +22% | +$40M |
|
325
General Mills
GIS
$20.4B
| $235M | 0.05% |
3,183,133
+39,868
| +1% | +$2.76M |
|
Similar funds
Royal Bank of Canada's Q3 2024 Portfolio in Review
As of Q3 2024, Royal Bank of Canada held 7,780 positions worth $490B, up 12% from $439B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $18.7B of net new capital in Q3 2024, opening 357 new positions and adding to 3,344 existing holdings. Its largest new stake was Smurfit Westrock: 741,254 shares worth $36.6M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.55B trimmed.
- Royal Bank of Canada's largest Q3 2024 buy was Smurfit Westrock: 741,254 shares worth $36.6M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $2.39B increase.
- Royal Bank of Canada's biggest Q3 2024 reduction was Invesco QQQ Trust, cutting an estimated $1.55B.
- Royal Bank of Canada fully exited WestRock Company in Q3 2024, selling an estimated $13.8M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $490B portfolio in Q3 2024.
- Royal Bank of Canada opened 357 new positions and closed 777 in Q3 2024.
- Royal Bank of Canada's portfolio value rose 12% quarter-over-quarter to $490B.
Based on Royal Bank of Canada's 13F filing for Q3 2024, filed 14 Nov 2024.