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 | |
|---|---|---|---|---|---|---|
376
PUT
Sun Life Financial
SLF
$44.8B
| $227M | 0.04% |
3,643,200
+1,224,600
| +51% | +$74M |
|
377
Exelon
EXC
$46.9B
| $227M | 0.04% |
5,206,912
+882,389
| +20% | +$40.3M |
|
|
378
PUT
Alphabet (Google) Class C
GOOG
$4.21T
| $226M | 0.04% |
720,900
+700,900
| +3,505% | +$201M |
|
379
CALL
BCE
BCE
$21.6B
| $225M | 0.04% |
9,458,900
+219,200
| +2% | +$5.1M |
|
380
Royal Caribbean
RCL
$83.1B
| $224M | 0.04% |
803,733
-686,000
| -46% | -$194M |
|
381
Expeditors International
EXPD
$24.2B
| $224M | 0.04% |
1,499,911
+10,386
| +0.7% | +$1.41M |
|
|
NVO
382
Novo Nordisk
NVO
$202B
| $223M | 0.04% |
4,386,403
-351,262
| -7% | -$18M |
|
383
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $223M | 0.04% |
3,120,918
-568,439
| -15% | -$39.5M |
|
384
Expedia Group
EXPE
$38.9B
| $222M | 0.04% |
783,675
-58,150
| -7% | -$14.4M |
|
385
PACCAR
PCAR
$68.7B
| $222M | 0.04% |
2,024,452
+424,082
| +26% | +$43.5M |
|
386
Motorola Solutions
MSI
$77.4B
| $221M | 0.04% |
575,863
+27,455
| +5% | +$11M |
|
387
Spotify
SPOT
$102B
| $221M | 0.04% |
380,006
-55,241
| -13% | -$34.5M |
|
388
Schwab US Dividend Equity ETF
SCHD
$108B
| $219M | 0.04% |
7,995,065
+304,047
| +4% | +$8.27M |
|
389
Pan American Silver
PAAS
$20.1B
| $219M | 0.04% |
4,231,158
-840,331
| -17% | -$35.2M |
|
390
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $218M | 0.04% |
3,992,329
+1,133,225
| +40% | +$61.6M |
|
391
Public Storage
PSA
$61.3B
| $217M | 0.04% |
838,032
-113,351
| -12% | -$31.7M |
|
392
MSCI
MSCI
$41B
| $217M | 0.04% |
378,883
-62,377
| -14% | -$35M |
|
393
Vistra
VST
$49.1B
| $214M | 0.03% |
1,326,621
-439,709
| -25% | -$80.1M |
|
394
CALL
Berkshire Hathaway Class B
BRK.B
$1.09T
| $213M | 0.03% |
424,100
-23,200
| -5% | -$11.5M |
|
395
VanEck Semiconductor ETF
SMH
$73.1B
| $213M | 0.03% |
591,663
-10,462
| -2% | -$3.67M |
|
396
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $213M | 0.03% |
352,323
+12,802
| +4% | +$7.66M |
|
397
Valero Energy
VLO
$94.5B
| $212M | 0.03% |
1,301,823
-64,720
| -5% | -$11M |
|
398
ATS Corp
ATS
$2B
| $211M | 0.03% |
7,644,547
+442,769
| +6% | +$11.8M |
|
399
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.25B
| $210M | 0.03% |
3,121,405
+102,646
| +3% | +$6.92M |
|
400
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
| $210M | 0.03% |
2,478,819
+381,523
| +18% | +$32M |
|
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 563 new, 2,770 increased, 3,618 reduced and 430 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 563 new positions and closed 430 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.