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 |
TC Energy
TRP
|
+$1.77B |
| 2 |
Chevron
CVX
|
+$1.56B |
| 3 |
EMA
Emera Inc
EMA
|
+$942M |
| 4 |
Enbridge
ENB
|
+$863M |
| 5 |
Bank of Montreal
BMO
|
+$796M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$893M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$826M |
| 3 |
Toronto Dominion Bank
TD
|
+$803M |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$594M |
| 5 |
Apple
AAPL
|
+$534M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.98% |
| 2 | Technology | 17.37% |
| 3 | Industrials | 7.41% |
| 4 | Consumer Discretionary | 6.78% |
| 5 | Energy | 6.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
iShares Core S&P US Value ETF
IUSV
$27.9B
| $130M | 0.02% |
1,375,617
+75,560
| +6% | +$6.82M |
|
527
CALL
Walmart Inc
WMT
$916B
| $130M | 0.02% |
1,330,000
+530,000
| +66% | +$50.5M |
|
528
iShares MSCI USA Momentum Factor ETF
MTUM
$26.4B
| $130M | 0.02% |
538,923
+37,326
| +7% | +$8.14M |
|
529
Trade Desk
TTD
$6.52B
| $129M | 0.02% |
1,797,145
+293,052
| +19% | +$18.7M |
|
530
CALL
Cisco
CSCO
$446B
| $129M | 0.02% |
1,855,500
+269,500
| +17% | +$16.6M |
|
|
DOCU
531
DocuSign
DOCU
$11.2B
| $128M | 0.02% |
1,649,523
+780,831
| +90% | +$63.2M |
|
532
Invesco S&P 500 Low Volatility ETF
SPLV
$7.21B
| $128M | 0.02% |
1,762,194
+350,494
| +25% | +$25.4M |
|
533
Voya Financial
VOYA
$9.1B
| $128M | 0.02% |
1,806,719
+1,722,004
| +2,033% | +$111M |
|
534
Otis Worldwide
OTIS
$27.8B
| $128M | 0.02% |
1,292,801
+634,526
| +96% | +$61.3M |
|
535
GoDaddy
GDDY
$11.7B
| $128M | 0.02% |
710,217
+229,625
| +48% | +$41.2M |
|
536
Diageo
DEO
$52.8B
| $128M | 0.02% |
1,267,586
-191,036
| -13% | -$20.7M |
|
537
NRG Energy
NRG
$25.4B
| $127M | 0.02% |
791,654
-347,836
| -31% | -$45.8M |
|
538
Lennox International
LII
$14.5B
| $126M | 0.02% |
220,186
+81,564
| +59% | +$45.6M |
|
539
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $126M | 0.02% |
1,150,753
-317,701
| -22% | -$34.1M |
|
540
Ingersoll Rand
IR
$32.5B
| $126M | 0.02% |
1,509,699
+393,739
| +35% | +$31M |
|
541
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.4B
| $125M | 0.02% |
2,545,708
-64,593
| -2% | -$3.16M |
|
542
Vanguard Real Estate ETF
VNQ
$39B
| $125M | 0.02% |
1,404,960
-87,869
| -6% | -$7.75M |
|
543
Birkenstock
BIRK
$7.75B
| $124M | 0.02% |
2,531,167
+2,515,347
| +15,900% | +$129M |
|
544
Vanguard Health Care ETF
VHT
$19B
| $123M | 0.02% |
494,174
-123,130
| -20% | -$30.4M |
|
545
PGIM Ultra Short Bond ETF
PULS
$18.4B
| $123M | 0.02% |
2,464,878
-113,950
| -4% | -$5.65M |
|
546
Phillips 66
PSX
$91.8B
| $123M | 0.02% |
1,027,994
+113,948
| +12% | +$12.8M |
|
|
K
547
DELISTED
Kellanova
K
| $123M | 0.02% |
1,540,452
+1,176,928
| +324% | +$96.2M |
|
548
CDW
CDW
$17.4B
| $122M | 0.02% |
685,800
+98,321
| +17% | +$16.7M |
|
549
CBRE Group
CBRE
$43.3B
| $122M | 0.02% |
870,500
+406,762
| +88% | +$51.4M |
|
550
Unum
UNM
$14.7B
| $122M | 0.02% |
1,505,898
+89,774
| +6% | +$7.09M |
|
Similar funds
Royal Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, Royal Bank of Canada held 7,516 positions worth $555B, up 16% from $479B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $28.4B of net new capital in Q2 2025, opening 524 new positions and adding to 3,973 existing holdings. Its largest new stake was Emera Inc: 20,985,495 shares worth $962M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Canadian Natural Resources, an estimated $893M trimmed.
- Royal Bank of Canada's largest Q2 2025 buy was Emera Inc: 20,985,495 shares worth $962M.
- Royal Bank of Canada added most to TC Energy in Q2 2025, an estimated $1.77B increase.
- Royal Bank of Canada's biggest Q2 2025 reduction was Canadian Natural Resources, cutting an estimated $893M.
- Royal Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $84.6M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $555B portfolio in Q2 2025.
- Royal Bank of Canada opened 524 new positions and closed 342 in Q2 2025.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $555B.
Based on Royal Bank of Canada's 13F filing for Q2 2025, filed 14 Aug 2025.