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 | |
|---|---|---|---|---|---|---|
4376
AvePoint
AVPT
$2.85B
| $400K | ﹤0.01% |
48,842
+28,524
| +140% | +$223K |
|
4377
Protagonist Therapeutics
PTGX
$10B
| $400K | ﹤0.01% |
17,455
+9,396
| +117% | +$164K |
|
4378
Radiant Logistics
RLGT
$408M
| $400K | ﹤0.01% |
60,300
+8,535
| +16% | +$51.7K |
|
4379
Invesco Municipal Opportunity Trust
VMO
$664M
| $400K | ﹤0.01% |
41,595
-56,768
| -58% | -$497K |
|
4380
Spok Holdings
SPOK
$229M
| $399K | ﹤0.01% |
25,790
-1,315
| -5% | -$20.2K |
|
4381
Marcus & Millichap
MMI
$1.2B
| $398K | ﹤0.01% |
9,123
+4,814
| +112% | +$160K |
|
|
NXJ
4382
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $398K | ﹤0.01% |
33,789
+5,019
| +17% | +$55.1K |
|
4383
John Hancock Multifactor Small Cap ETF
JHSC
$749M
| $397K | ﹤0.01% |
10,873
+5,900
| +119% | +$194K |
|
|
LSEA
4384
DELISTED
Landsea Homes
LSEA
| $397K | ﹤0.01% |
30,230
+12,050
| +66% | +$117K |
|
4385
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $397K | ﹤0.01% |
13,409
-107,318
| -89% | -$4.4M |
|
4386
Gulfport Energy Corp
GPOR
$3.01B
| $395K | ﹤0.01% |
2,966
+969
| +49% | +$125K |
|
4387
Green Brick Partners
GRBK
$3.03B
| $395K | ﹤0.01% |
7,610
+699
| +10% | +$31.8K |
|
4388
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$249M
| $395K | ﹤0.01% |
12,598
-7,944
| -39% | -$238K |
|
4389
Tenaris
TS
$27B
| $395K | ﹤0.01% |
11,394
-2,191
| -16% | -$73.4K |
|
|
RYZB
4390
DELISTED
RayzeBio, Inc. Common Stock
RYZB
| $395K | ﹤0.01% |
+6,349
| New | +$158K |
|
4391
Innovator US Equity Buffer ETF March
BMAR
$256M
| $394K | ﹤0.01% |
9,939
+5,719
| +136% | +$215K |
|
4392
Dimensional National Municipal Bond ETF
DFNM
$2.26B
| $394K | ﹤0.01% |
8,116
+5,912
| +268% | +$279K |
|
4393
Apogee Enterprises
APOG
$889M
| $393K | ﹤0.01% |
7,365
+3,208
| +77% | +$149K |
|
|
EAD
4394
Allspring Income Opportunities Fund
EAD
$377M
| $393K | ﹤0.01% |
60,322
+611
| +1% | +$3.76K |
|
4395
Midland States Bancorp
MSBI
$693M
| $393K | ﹤0.01% |
14,231
+1,954
| +16% | +$45.4K |
|
4396
OraSure Technologies
OSUR
$265M
| $392K | ﹤0.01% |
47,781
+8,542
| +22% | +$56K |
|
4397
PennantPark Floating Rate Capital
PFLT
$730M
| $392K | ﹤0.01% |
32,407
-9,037
| -22% | -$98.7K |
|
4398
Seneca Foods Class A
SENEA
$1.3B
| $392K | ﹤0.01% |
7,465
+155
| +2% | +$8.12K |
|
4399
Xencor
XNCR
$1.74B
| $390K | ﹤0.01% |
18,367
+9,272
| +102% | +$176K |
|
|
NCV
4400
Virtus Convertible & Income Fund
NCV
$392M
| $388K | ﹤0.01% |
28,776
+1,283
| +5% | +$16.1K |
|
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 467 new positions and adding to 4,112 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 467 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.