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 | |
|---|---|---|---|---|---|---|
676
Tyson Foods
TSN
$19.8B
| $66.6M | 0.02% |
1,134,362
+329,260
| +41% | +$18M |
|
677
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.98B
| $66.5M | 0.02% |
1,727,251
-26,852
| -2% | -$983K |
|
678
Descartes Systems
DSGX
$6.62B
| $66.4M | 0.02% |
725,848
+44,246
| +6% | +$3.89M |
|
679
iShares TIPS Bond ETF
TIP
$14.7B
| $66.3M | 0.02% |
617,306
-18,803
| -3% | -$2.01M |
|
680
Rockwell Automation
ROK
$49.5B
| $66.2M | 0.02% |
227,254
-40,481
| -15% | -$11.7M |
|
681
Willis Towers Watson
WTW
$31B
| $66.1M | 0.02% |
240,294
+42,151
| +21% | +$11.1M |
|
682
iShares ESG Optimized MSCI USA ETF
SUSA
$4.21B
| $65.9M | 0.02% |
603,273
+41,819
| +7% | +$4.35M |
|
683
Landstar System
LSTR
$6.4B
| $65.8M | 0.02% |
341,327
-16,468
| -5% | -$3.13M |
|
684
CALL
General Motors
GM
$75.8B
| $65.8M | 0.02% |
1,450,400
+794,400
| +121% | +$30.8M |
|
685
Onto Innovation
ONTO
$20.6B
| $65.8M | 0.02% |
363,234
-64,880
| -15% | -$11M |
|
686
Palantir
PLTR
$430B
| $65.3M | 0.02% |
2,839,839
+807,975
| +40% | +$17.2M |
|
687
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $65.1M | 0.01% |
420,000
-1,206,500
| -74% | -$167M |
|
688
Albemarle
ALB
$15.4B
| $64.6M | 0.01% |
490,701
+47,131
| +11% | +$5.8M |
|
689
Kinsale Capital Group
KNSL
$8.59B
| $64.6M | 0.01% |
123,182
+2,593
| +2% | +$1.17M |
|
690
Live Nation Entertainment
LYV
$43.3B
| $64.4M | 0.01% |
609,238
+264,218
| +77% | +$25M |
|
|
NVEI
691
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $64.3M | 0.01% |
2,034,043
+1,147,286
| +129% | +$29M |
|
692
Weyerhaeuser
WY
$17.9B
| $64.2M | 0.01% |
1,788,470
-81,812
| -4% | -$2.77M |
|
693
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $64.1M | 0.01% |
637,081
-29,590
| -4% | -$2.97M |
|
694
PUT
ExxonMobil
XOM
$652B
| $63.4M | 0.01% |
545,400
-54,600
| -9% | -$5.71M |
|
695
H&R Block
HRB
$6.76B
| $63.1M | 0.01% |
1,285,031
+305,014
| +31% | +$14.5M |
|
696
KeyCorp
KEY
$24.6B
| $62.9M | 0.01% |
3,977,680
-462,968
| -10% | -$6.69M |
|
697
PUT
Qualcomm
QCOM
$173B
| $62.6M | 0.01% |
370,000
-10,000
| -3% | -$1.55M |
|
698
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $62.1M | 0.01% |
652,273
-173,720
| -21% | -$16.4M |
|
|
DOCU
699
DocuSign
DOCU
$12.2B
| $62M | 0.01% |
1,041,004
+598,356
| +135% | +$33.8M |
|
700
Expedia Group
EXPE
$39.4B
| $61.9M | 0.01% |
449,135
+63,323
| +16% | +$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.