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 | |
|---|---|---|---|---|---|---|
401
Alamos Gold
AGI
$13.7B
| $148M | 0.03% |
10,978,237
+1,277,232
| +13% | +$16.7M |
|
|
ERF
402
DELISTED
Enerplus Corporation
ERF
| $148M | 0.03% |
9,631,849
-290,331
| -3% | -$4.71M |
|
|
HDV
403
iShares Core High Dividend ETF
HDV
$15.1B
| $147M | 0.03% |
7,186,595
+450,150
| +7% | +$8.87M |
|
404
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12B
| $145M | 0.03% |
3,055,856
+6,450
| +0.2% | +$289K |
|
405
General Motors
GM
$76.5B
| $145M | 0.03% |
4,033,981
-1,603,892
| -28% | -$49.6M |
|
406
FirstEnergy
FE
$27.3B
| $145M | 0.03% |
3,941,658
+112,867
| +3% | +$4.09M |
|
407
Idexx Laboratories
IDXX
$45B
| $144M | 0.03% |
258,654
+40,427
| +19% | +$19M |
|
408
Cardinal Health
CAH
$54.2B
| $143M | 0.03% |
1,419,057
+90,187
| +7% | +$8.95M |
|
409
HDFC Bank
HDB
$119B
| $142M | 0.03% |
4,244,624
+2,854,942
| +205% | +$86.1M |
|
|
EA
410
DELISTED
Electronic Arts
EA
| $142M | 0.03% |
1,035,382
+616,660
| +147% | +$81.5M |
|
411
iShares Gold Trust
IAU
$64.8B
| $142M | 0.03% |
3,626,590
-251,557
| -6% | -$9.41M |
|
|
412
CALL
Amazon
AMZN
$2.9T
| $141M | 0.03% |
929,900
+219,900
| +31% | +$30.8M |
|
413
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $140M | 0.03% |
1,331,455
-132,819
| -9% | -$13.8M |
|
414
Brown & Brown
BRO
$23.9B
| $140M | 0.03% |
1,963,826
+248,181
| +14% | +$17.7M |
|
415
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $139M | 0.03% |
2,670,278
-86,537
| -3% | -$4.28M |
|
416
Vanguard Short-Term Treasury ETF
VGSH
$30.3B
| $138M | 0.03% |
2,361,721
-86,752
| -4% | -$5.01M |
|
417
Consolidated Edison
ED
$40B
| $137M | 0.03% |
1,503,923
+322,842
| +27% | +$28.8M |
|
418
MSCI
MSCI
$41B
| $136M | 0.03% |
240,276
+39,377
| +20% | +$20.3M |
|
419
IQVIA
IQV
$40.2B
| $135M | 0.03% |
584,707
+126,411
| +28% | +$26M |
|
420
PUT
TC Energy
TRP
$65.9B
| $135M | 0.03% |
3,442,000
+345,000
| +11% | +$12.6M |
|
421
PUT
Canadian Imperial Bank of Commerce
CM
$111B
| $133M | 0.03% |
2,771,500
+670,000
| +32% | +$26.8M |
|
422
First Trust Capital Strength ETF
FTCS
$8B
| $133M | 0.03% |
1,664,412
-43,863
| -3% | -$3.34M |
|
423
PG&E
PCG
$38.8B
| $133M | 0.03% |
7,385,921
+4,673,099
| +172% | +$78.9M |
|
424
Airbnb
ABNB
$110B
| $133M | 0.03% |
976,493
+41,999
| +4% | +$5.42M |
|
425
Dow Inc
DOW
$21.9B
| $133M | 0.03% |
2,418,551
-239,375
| -9% | -$12.2M |
|
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.