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 | |
|---|---|---|---|---|---|---|
3401
10x Genomics
TXG
$7.31B
| $979K | ﹤0.01% |
26,102
+2,325
| +10% | +$102K |
|
3402
United Bankshares
UBSI
$6.71B
| $978K | ﹤0.01% |
27,335
-25,776
| -49% | -$911K |
|
3403
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $974K | ﹤0.01% |
34,310
-99,033
| -74% | -$2.76M |
|
3404
INmune Bio
INMB
$60.2M
| $973K | ﹤0.01% |
82,736
+24,945
| +43% | +$301K |
|
3405
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $972K | ﹤0.01% |
23,205
+9,972
| +75% | +$421K |
|
3406
Carpenter Technology
CRS
$27B
| $972K | ﹤0.01% |
13,610
+4,064
| +43% | +$266K |
|
|
FPL
3407
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $970K | ﹤0.01% |
126,577
+80,790
| +176% | +$569K |
|
3408
Atlas Energy Solutions
AESI
$1.56B
| $967K | ﹤0.01% |
42,759
+26,818
| +168% | +$500K |
|
3409
First Trust S&P REIT Index Fund
FRI
$204M
| $966K | ﹤0.01% |
37,157
-6,349
| -15% | -$162K |
|
3410
Golar LNG
GLNG
$5.36B
| $963K | ﹤0.01% |
40,038
-35,662
| -47% | -$794K |
|
3411
Golub Capital BDC
GBDC
$3.44B
| $962K | ﹤0.01% |
57,833
+4,281
| +8% | +$66.9K |
|
3412
Innovative Industrial Properties
IIPR
$1.62B
| $960K | ﹤0.01% |
9,271
-6,768
| -42% | -$646K |
|
3413
Crescent Capital BDC
CCAP
$411M
| $959K | ﹤0.01% |
55,556
-6,377
| -10% | -$107K |
|
|
SASR
3414
DELISTED
Sandy Spring Bancorp Inc
SASR
| $957K | ﹤0.01% |
41,297
-7,439
| -15% | -$175K |
|
3415
BlackRock Floating Rate Income Strategies Fund
FRA
$388M
| $956K | ﹤0.01% |
73,958
+1,316
| +2% | +$16.7K |
|
3416
Federated Hermes US Strategic Dividend ETF
FDV
$907M
| $954K | ﹤0.01% |
37,724
-22,244
| -37% | -$537K |
|
3417
Harmony Biosciences
HRMY
$2.22B
| $953K | ﹤0.01% |
28,385
-4,338
| -13% | -$139K |
|
3418
Mueller Industries
MLI
$14.6B
| $952K | ﹤0.01% |
35,284
-134,560
| -79% | -$3.33M |
|
3419
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$249M
| $951K | ﹤0.01% |
28,904
+16,306
| +129% | +$515K |
|
3420
Dillards
DDS
$8.76B
| $950K | ﹤0.01% |
2,014
+174
| +9% | +$71.3K |
|
3421
Invesco Value Municipal Income Trust
IIM
$602M
| $947K | ﹤0.01% |
78,945
+22,848
| +41% | +$269K |
|
3422
ALPS Strategic Income Fund
RIGS
$60.5M
| $945K | ﹤0.01% |
41,318
-71,496
| -63% | -$1.64M |
|
3423
XPeng
XPEV
$11.2B
| $945K | ﹤0.01% |
122,963
+81,007
| +193% | +$785K |
|
|
DNB
3424
DELISTED
Dun & Bradstreet
DNB
| $944K | ﹤0.01% |
94,037
+11,841
| +14% | +$129K |
|
3425
Northrim BanCorp
NRIM
$606M
| $943K | ﹤0.01% |
74,700
-3,404
| -4% | -$43K |
|
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.