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 | |
|---|---|---|---|---|---|---|
4626
iShares ESG Advanced MSCI EM ETF
EMXF
$165M
| $307K | ﹤0.01% |
8,640
+8,005
| +1,261% | +$275K |
|
4627
Nuveen Taxable Municipal Income Fund
NBB
$454M
| $307K | ﹤0.01% |
19,417
-6,451
| -25% | -$95.6K |
|
4628
Relay Therapeutics
RLAY
$4.35B
| $306K | ﹤0.01% |
27,797
+12,639
| +83% | +$107K |
|
4629
ZipRecruiter
ZIP
$386M
| $305K | ﹤0.01% |
21,897
+5,457
| +33% | +$67.4K |
|
|
CBL
4630
CBL Properties
CBL
$1.8B
| $304K | ﹤0.01% |
12,422
+3,015
| +32% | +$67.3K |
|
|
BNRE.A
4631
DELISTED
Brookfield Reinsurance Ltd. Class A-1 Exchangeable Non-Voting Shares
BNRE.A
| $304K | ﹤0.01% |
+7,600
| New | +$282K |
|
4632
Axogen
AXGN
$2.62B
| $303K | ﹤0.01% |
44,480
+9,024
| +25% | +$50.2K |
|
|
NQP
4633
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $303K | ﹤0.01% |
26,175
+490
| +2% | +$5.19K |
|
4634
Chefs' Warehouse
CHEF
$4.45B
| $302K | ﹤0.01% |
10,248
+4,894
| +91% | +$118K |
|
|
ECF
4635
Ellsworth Growth & Income Fund
ECF
$177M
| $302K | ﹤0.01% |
37,313
-1,903
| -5% | -$14.7K |
|
4636
Kymera Therapeutics
KYMR
$9.76B
| $302K | ﹤0.01% |
11,854
+7,096
| +149% | +$127K |
|
4637
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$8.32B
| $302K | ﹤0.01% |
+10,917
| New | +$283K |
|
4638
Innoviva
INVA
$1.53B
| $301K | ﹤0.01% |
18,799
+6,986
| +59% | +$97.7K |
|
4639
Liberty Latin America Class C
LILAK
$1.66B
| $301K | ﹤0.01% |
45,334
+15,001
| +49% | +$97.1K |
|
4640
Myriad Genetics
MYGN
$290M
| $301K | ﹤0.01% |
15,719
+7,453
| +90% | +$129K |
|
4641
Caleres
CAL
$449M
| $300K | ﹤0.01% |
9,784
+3,395
| +53% | +$95.7K |
|
4642
Vaalco Energy
EGY
$608M
| $300K | ﹤0.01% |
66,895
+28,831
| +76% | +$127K |
|
|
BDN
4643
Brandywine Realty Trust
BDN
$532M
| $299K | ﹤0.01% |
55,255
-13,221
| -19% | -$58K |
|
4644
Entravision Communication
EVC
$832M
| $298K | ﹤0.01% |
71,311
+11,915
| +20% | +$47.1K |
|
4645
Kura Oncology
KURA
$966M
| $298K | ﹤0.01% |
20,773
+8,921
| +75% | +$87.7K |
|
4646
nLIGHT
LASR
$3.03B
| $298K | ﹤0.01% |
22,044
+5,530
| +33% | +$61.9K |
|
|
PRA
4647
DELISTED
ProAssurance
PRA
| $298K | ﹤0.01% |
21,707
+9,234
| +74% | +$141K |
|
4648
Equity Bancshares
EQBK
$1.06B
| $297K | ﹤0.01% |
8,746
+1,589
| +22% | +$43.5K |
|
4649
Home Bancorp
HBCP
$566M
| $297K | ﹤0.01% |
7,071
+867
| +14% | +$31.7K |
|
4650
CALL
Marathon Petroleum
MPC
$99.8B
| $297K | ﹤0.01% |
2,000
| – | – |
|
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.