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 | |
|---|---|---|---|---|---|---|
651
Invesco NASDAQ 100 ETF
QQQM
$104B
| $70.5M | 0.02% |
386,083
+70,723
| +22% | +$12.5M |
|
652
Apollo Global Management
APO
$84.8B
| $70.4M | 0.02% |
626,005
+18,727
| +3% | +$1.98M |
|
653
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.89B
| $70.3M | 0.02% |
1,272,931
+179,878
| +16% | +$9.25M |
|
654
Labcorp
LH
$26.2B
| $70.3M | 0.02% |
321,571
+12,246
| +4% | +$2.7M |
|
655
Moderna
MRNA
$25.4B
| $70.1M | 0.02% |
658,245
-69,114
| -10% | -$6.97M |
|
656
Rio Tinto
RIO
$160B
| $70.1M | 0.02% |
1,099,051
+41,313
| +4% | +$2.77M |
|
657
Tractor Supply
TSCO
$18.8B
| $70M | 0.02% |
1,336,900
-150,325
| -10% | -$7.18M |
|
658
Carlisle Companies
CSL
$14.9B
| $69.9M | 0.02% |
178,487
+12,705
| +8% | +$4.31M |
|
659
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.3B
| $69.6M | 0.02% |
175,000
| – | – |
|
660
Vanguard Long-Term Bond ETF
BLV
$5.73B
| $69.3M | 0.02% |
958,294
+73,621
| +8% | +$5.31M |
|
661
FT Vest Fund of Buffer ETFs
BUFR
$10.4B
| $69.2M | 0.02% |
2,476,080
+987,036
| +66% | +$26.9M |
|
662
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.48B
| $69.2M | 0.02% |
1,288,300
+503,410
| +64% | +$26.1M |
|
663
United Airlines
UAL
$41B
| $69M | 0.02% |
1,441,252
+878,153
| +156% | +$37.6M |
|
664
Pultegroup
PHM
$24.9B
| $69M | 0.02% |
571,779
-130,383
| -19% | -$14M |
|
665
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $68.5M | 0.02% |
573,422
+19,147
| +3% | +$2.17M |
|
666
Cboe Global Markets
CBOE
$30.6B
| $68.3M | 0.02% |
371,928
+112,435
| +43% | +$20.7M |
|
667
AvalonBay Communities
AVB
$26.3B
| $68.1M | 0.02% |
366,939
+38,203
| +12% | +$6.87M |
|
668
Welltower
WELL
$169B
| $67.6M | 0.02% |
723,799
-39,670
| -5% | -$3.59M |
|
669
Interactive Brokers
IBKR
$41.4B
| $67.4M | 0.02% |
2,413,920
+369,592
| +18% | +$9.2M |
|
670
First Trust Dorsey Wright Focus 5 ETF
FV
$3.83B
| $67.4M | 0.02% |
1,177,286
+131,739
| +13% | +$7.11M |
|
671
Monster Beverage
MNST
$91.4B
| $67.3M | 0.02% |
2,269,704
-495,476
| -18% | -$14.2M |
|
672
Mettler-Toledo International
MTD
$28.7B
| $67.2M | 0.02% |
50,471
-1,435
| -3% | -$1.77M |
|
673
ING
ING
$102B
| $67M | 0.02% |
4,061,678
-86,770
| -2% | -$1.24M |
|
674
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $66.8M | 0.02% |
506,609
+6,416
| +1% | +$805K |
|
675
PUT
Uber
UBER
$155B
| $66.6M | 0.02% |
865,400
-621,100
| -42% | -$44.6M |
|
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.