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
|
+$8.75B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1B |
| 3 |
Procter & Gamble
PG
|
+$980M |
| 4 |
Apple
AAPL
|
+$894M |
| 5 |
Amazon
AMZN
|
+$815M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$806M |
| 2 |
Palo Alto Networks
PANW
|
+$726M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 4 |
Toronto Dominion Bank
TD
|
+$494M |
| 5 |
Enbridge
ENB
|
+$407M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 15.76% |
| 3 | Industrials | 7.8% |
| 4 | Healthcare | 7.3% |
| 5 | Consumer Discretionary | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
PUT
Analog Devices
ADI
$187B
| $183M | 0.04% |
+921,200
| New | +$165M |
|
|
BBU
352
DELISTED
Brookfield Business Partners
BBU
| $181M | 0.04% |
8,776,949
-2,900
| -0% | -$46.4K |
|
353
Ametek
AME
$59.3B
| $180M | 0.04% |
1,088,957
+200,100
| +23% | +$30.5M |
|
354
PUT
Citigroup
C
$231B
| $178M | 0.04% |
3,461,000
-175,000
| -5% | -$7.75M |
|
355
Citizens Financial Group
CFG
$31.1B
| $177M | 0.04% |
5,345,724
-186,674
| -3% | -$5.14M |
|
356
PUT
Alphabet (Google) Class C
GOOG
$4.19T
| $177M | 0.04% |
1,256,100
+750,000
| +148% | +$102M |
|
357
Diageo
DEO
$52.2B
| $177M | 0.04% |
1,213,234
+25,691
| +2% | +$3.79M |
|
|
358
PUT
Amazon
AMZN
$2.88T
| $176M | 0.04% |
1,157,800
+667,400
| +136% | +$93.6M |
|
359
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $175M | 0.04% |
6,023,226
-1,351,582
| -18% | -$38.9M |
|
360
Aramark
ARMK
$15.9B
| $174M | 0.04% |
6,204,254
-749,979
| -11% | -$20.3M |
|
361
Cadence Design Systems
CDNS
$89B
| $174M | 0.04% |
638,942
-38,403
| -6% | -$9.89M |
|
362
iShares MSCI USA Quality Factor ETF
QUAL
$48B
| $173M | 0.04% |
1,179,016
+106,107
| +10% | +$14.7M |
|
363
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $172M | 0.04% |
4,265,100
-2,408,100
| -36% | -$93M |
|
364
Berkshire Hathaway Class A
BRK.A
$1.09T
| $171M | 0.04% |
316
-6
| -2% | -$3.2M |
|
365
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $171M | 0.04% |
2,197,425
+36,957
| +2% | +$2.76M |
|
366
Cognizant
CTSH
$26.2B
| $171M | 0.04% |
2,266,543
+1,035,864
| +84% | +$71.5M |
|
367
Estee Lauder
EL
$31.7B
| $170M | 0.04% |
1,164,945
-2,817,886
| -71% | -$374M |
|
368
Valero Energy
VLO
$95.1B
| $169M | 0.04% |
1,300,037
+7,286
| +0.6% | +$927K |
|
369
Eversource Energy
ES
$26.9B
| $169M | 0.04% |
2,734,237
-493,919
| -15% | -$28.5M |
|
370
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $168M | 0.04% |
5,291,942
+989,426
| +23% | +$30.3M |
|
371
Unilever
UL
$133B
| $167M | 0.04% |
3,068,452
-326,288
| -10% | -$17.6M |
|
372
Cencora
COR
$60B
| $167M | 0.04% |
814,329
+232,422
| +40% | +$45.4M |
|
373
Kenvue
KVUE
$36.5B
| $167M | 0.04% |
7,767,078
+3,645,641
| +88% | +$73M |
|
374
United Rentals
URI
$70.3B
| $166M | 0.04% |
290,159
-3,866
| -1% | -$1.82M |
|
375
Kinder Morgan
KMI
$70.7B
| $166M | 0.04% |
9,431,784
+687,519
| +8% | +$11.7M |
|
Similar funds
Royal Bank of Canada's Q4 2023 Portfolio in Review
As of Q4 2023, Royal Bank of Canada held 7,942 positions worth $428B, up 16% from $369B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $17.2B of net new capital in Q4 2023, opening 466 new positions and adding to 4,113 existing holdings. Its largest new stake was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was PepsiCo, an estimated $806M trimmed.
- Royal Bank of Canada's largest Q4 2023 buy was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $8.75B increase.
- Royal Bank of Canada's biggest Q4 2023 reduction was PepsiCo, cutting an estimated $806M.
- Royal Bank of Canada fully exited Activision Blizzard in Q4 2023, selling an estimated $69.3M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $428B portfolio in Q4 2023.
- Royal Bank of Canada opened 466 new positions and closed 401 in Q4 2023.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $428B.
Based on Royal Bank of Canada's 13F filing for Q4 2023, filed 14 Feb 2024.