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 |
Canadian Imperial Bank of Commerce
CM
|
+$593M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$578M |
| 3 |
JPMorgan Chase
JPM
|
+$507M |
| 4 |
Canadian Natural Resources
CNQ
|
+$440M |
| 5 |
Air Products & Chemicals
APD
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.43B |
| 2 |
Morgan Stanley
MS
|
+$915M |
| 3 |
Microsoft
MSFT
|
+$838M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$833M |
| 5 |
NVIDIA
NVDA
|
+$790M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.59% |
| 2 | Technology | 15.8% |
| 3 | Industrials | 8.04% |
| 4 | Healthcare | 7.25% |
| 5 | Consumer Discretionary | 6.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Centene
CNC
$32.6B
| $106M | 0.02% |
1,354,581
+212,266
| +19% | +$16.4M |
|
502
iShares Core Universal USD Bond ETF
IUSB
$43.3B
| $106M | 0.02% |
2,327,738
+81,013
| +4% | +$3.69M |
|
503
Newmont
NEM
$120B
| $106M | 0.02% |
2,958,125
-1,052,477
| -26% | -$36.3M |
|
504
Western Digital
WDC
$168B
| $106M | 0.02% |
2,052,203
+505,330
| +33% | +$22.1M |
|
505
Blue Owl Capital
OBDC
$5.87B
| $105M | 0.02% |
6,845,333
+297,824
| +5% | +$4.48M |
|
|
HES
506
DELISTED
Hess
HES
| $105M | 0.02% |
689,156
-902,819
| -57% | -$131M |
|
507
iShares Core MSCI International Developed Markets ETF
IDEV
$32.7B
| $105M | 0.02% |
1,566,336
-36,722
| -2% | -$2.36M |
|
508
Watsco Inc
WSO
$12.9B
| $105M | 0.02% |
242,369
+11,235
| +5% | +$4.51M |
|
509
Enterprise Products Partners
EPD
$82.1B
| $104M | 0.02% |
3,573,218
-187,354
| -5% | -$5.14M |
|
510
Aflac
AFL
$60.7B
| $104M | 0.02% |
1,212,227
-9,981
| -0.8% | -$818K |
|
|
511
PUT
Canadian Natural Resources
CNQ
$98.1B
| $103M | 0.02% |
2,701,200
-47,412,200
| -95% | -$1.59B |
|
512
CDW
CDW
$17.8B
| $103M | 0.02% |
402,011
+9,624
| +2% | +$2.29M |
|
|
513
PUT
NVIDIA
NVDA
$5.46T
| $103M | 0.02% |
1,135,000
-64,000
| -5% | -$4.64M |
|
514
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $102M | 0.02% |
1,078,461
+349,519
| +48% | +$32.4M |
|
515
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $102M | 0.02% |
1,184,067
-28,029
| -2% | -$2.28M |
|
516
Allstate
ALL
$65.9B
| $102M | 0.02% |
589,356
-24,417
| -4% | -$3.85M |
|
517
PUT
Alphabet (Google) Class C
GOOG
$4.21T
| $102M | 0.02% |
669,200
-586,900
| -47% | -$84.7M |
|
518
Kenvue
KVUE
$36.9B
| $102M | 0.02% |
4,732,127
-3,034,951
| -39% | -$61.6M |
|
519
NNN REIT
NNN
$8.87B
| $101M | 0.02% |
2,373,927
-177,253
| -7% | -$7.38M |
|
520
First Trust Long/Short Equity ETF
FTLS
$2.5B
| $101M | 0.02% |
1,643,539
-44,736
| -3% | -$2.65M |
|
521
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.45B
| $101M | 0.02% |
493,745
+10,551
| +2% | +$2.08M |
|
522
Kroger
KR
$35.1B
| $101M | 0.02% |
1,759,282
-547,746
| -24% | -$27M |
|
523
PGIM Ultra Short Bond ETF
PULS
$18.4B
| $100M | 0.02% |
2,018,208
-187,472
| -8% | -$9.29M |
|
524
Sprott Physical Gold
PHYS
$15.7B
| $100M | 0.02% |
5,789,542
+184,226
| +3% | +$2.95M |
|
525
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.8B
| $100M | 0.02% |
2,873,524
+1,067,606
| +59% | +$34.9M |
|
Similar funds
Royal Bank of Canada's Q1 2024 Portfolio in Review
As of Q1 2024, Royal Bank of Canada held 7,910 positions worth $436B, up 1.8% from $428B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Royal Bank of Canada withdrew a net $22.8B in Q1 2024, closing 495 positions and reducing 4,132 holdings. Its most notable exit was Splunk Inc, an estimated $93.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Royal Bank of Canada opened a new position in Flutter Entertainment worth $56.3M.
- Royal Bank of Canada's largest Q1 2024 buy was Flutter Entertainment: 285,002 shares worth $56.3M.
- Royal Bank of Canada added most to Canadian Imperial Bank of Commerce in Q1 2024, an estimated $593M increase.
- Royal Bank of Canada's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.43B.
- Royal Bank of Canada fully exited Splunk Inc in Q1 2024, selling an estimated $93.4M.
- Royal Bank of Canada's ten largest holdings make up 19% of its $436B portfolio in Q1 2024.
- Royal Bank of Canada opened 367 new positions and closed 495 in Q1 2024.
- Royal Bank of Canada's portfolio value rose 1.8% quarter-over-quarter to $436B.
Based on Royal Bank of Canada's 13F filing for Q1 2024, filed 15 May 2024.