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 |
Vanguard S&P 500 ETF
VOO
|
+$11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$5.3B |
| 3 |
Apple
AAPL
|
+$2B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.88B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.47B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.03B |
| 2 |
Bank of Montreal
BMO
|
+$1.95B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.87B |
| 4 |
TC Energy
TRP
|
+$1.8B |
| 5 |
Scotiabank
BNS
|
+$1.21B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.7% |
| 2 | Financials | 17.47% |
| 3 | Industrials | 6.5% |
| 4 | Communication Services | 6.43% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Duolingo
DUOL
$6.21B
| $1.48M | ﹤0.01% |
8,415
-18,778
| -69% | -$4.42M |
|
3302
Immunocore
IMCR
$1.76B
| $1.48M | ﹤0.01% |
42,486
-3,171
| -7% | -$112K |
|
|
PML
3303
PIMCO Municipal Income Fund II
PML
$493M
| $1.48M | ﹤0.01% |
195,670
-111,945
| -36% | -$870K |
|
|
MASI
3304
DELISTED
Masimo
MASI
| $1.47M | ﹤0.01% |
11,340
-115,777
| -91% | -$16.6M |
|
3305
CALL
Palo Alto Networks
PANW
$313B
| $1.47M | ﹤0.01% |
8,000
| – | – |
|
3306
Turning Point Brands
TPB
$1.75B
| $1.47M | ﹤0.01% |
13,568
+13,345
| +5,984% | +$1.3M |
|
3307
iShares MSCI Poland ETF
EPOL
$822M
| $1.47M | ﹤0.01% |
41,639
+3,668
| +10% | +$124K |
|
3308
Principal Investment Grade Corporate Active ETF
IG
$202M
| $1.47M | ﹤0.01% |
70,167
+522
| +0.7% | +$11K |
|
3309
Boyd Gaming
BYD
$6.11B
| $1.46M | ﹤0.01% |
17,168
-45,348
| -73% | -$3.74M |
|
3310
Bar Harbor Bankshares
BHB
$681M
| $1.46M | ﹤0.01% |
47,079
-2,393
| -5% | -$72.8K |
|
3311
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $1.46M | ﹤0.01% |
24,046
-287
| -1% | -$17.2K |
|
3312
Nuveen New York Quality Municipal Income Fund
NAN
$374M
| $1.46M | ﹤0.01% |
129,692
-5,148
| -4% | -$59.1K |
|
3313
Nuveen Credit Strategies Income Fund
JQC
$708M
| $1.46M | ﹤0.01% |
290,461
+11,515
| +4% | +$58.5K |
|
3314
Century Aluminum
CENX
$4.62B
| $1.46M | ﹤0.01% |
37,189
-233,278
| -86% | -$7.29M |
|
3315
ZTO Express
ZTO
$17.4B
| $1.45M | ﹤0.01% |
69,550
-103,122
| -60% | -$2.04M |
|
3316
Midland States Bancorp
MSBI
$693M
| $1.45M | ﹤0.01% |
68,555
+67,770
| +8,633% | +$1.2M |
|
3317
Zymeworks
ZYME
$1.78B
| $1.45M | ﹤0.01% |
55,055
-2,870
| -5% | -$62.6K |
|
3318
MiMedx Group
MDXG
$622M
| $1.45M | ﹤0.01% |
213,834
-253,030
| -54% | -$1.77M |
|
3319
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
| $1.45M | ﹤0.01% |
136,307
-4,022
| -3% | -$43.2K |
|
3320
First Bancorp
FNLC
$402M
| $1.44M | ﹤0.01% |
54,584
+887
| +2% | +$22.9K |
|
3321
Ondas Inc
ONDS
$5.27B
| $1.44M | ﹤0.01% |
147,874
+95,083
| +180% | +$764K |
|
3322
McGrath RentCorp
MGRC
$2.99B
| $1.44M | ﹤0.01% |
13,710
+9,720
| +244% | +$1.05M |
|
|
UMH
3323
UMH Properties
UMH
$1.4B
| $1.44M | ﹤0.01% |
90,422
-30,937
| -25% | -$465K |
|
3324
H.B. Fuller
FUL
$3.38B
| $1.44M | ﹤0.01% |
24,180
-89,728
| -79% | -$5.27M |
|
3325
Navitas Semiconductor
NVTS
$3.77B
| $1.44M | ﹤0.01% |
201,494
+89,970
| +81% | +$866K |
|
Similar funds
Royal Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, Royal Bank of Canada held 7,850 positions worth $615B, up 0.73% from $610B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Royal Bank of Canada's Q4 2025 filing shows 562 new, 2,770 increased, 3,618 reduced and 429 closed positions. Its largest new stake was Boyd Group Services: 1,282,335 shares worth $204M. The largest sale was Amazon, an estimated $2.03B.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Royal Bank of Canada's largest Q4 2025 buy was Boyd Group Services: 1,282,335 shares worth $204M.
- Royal Bank of Canada added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $11B increase.
- Royal Bank of Canada's biggest Q4 2025 reduction was Amazon, cutting an estimated $2.03B.
- Royal Bank of Canada fully exited Interpublic Group of Companies in Q4 2025, selling an estimated $140M.
- Royal Bank of Canada's ten largest holdings make up 24% of its $615B portfolio in Q4 2025.
- Royal Bank of Canada opened 562 new positions and closed 429 in Q4 2025.
- Royal Bank of Canada's portfolio value rose 0.73% quarter-over-quarter to $615B.
Based on Royal Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.