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 | |
|---|---|---|---|---|---|---|
701
Teledyne Technologies
TDY
$31.2B
| $61.9M | 0.01% |
144,069
+23,256
| +19% | +$9.97M |
|
702
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $61.8M | 0.01% |
726,318
+234,677
| +48% | +$18.9M |
|
703
Public Storage
PSA
$61.4B
| $61.4M | 0.01% |
211,714
-50,720
| -19% | -$14.5M |
|
|
WBA
704
DELISTED
Walgreens Boots Alliance
WBA
| $61M | 0.01% |
2,813,411
+126,971
| +5% | +$2.82M |
|
705
Hewlett Packard
HPE
$79.2B
| $60.8M | 0.01% |
3,428,509
-149,642
| -4% | -$2.43M |
|
706
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $60.7M | 0.01% |
665,675
+112,303
| +20% | +$9.37M |
|
707
ON Semiconductor
ON
$31.8B
| $60.6M | 0.01% |
824,420
-517,543
| -39% | -$39.6M |
|
708
Pinduoduo
PDD
$120B
| $60.6M | 0.01% |
521,146
-53,098
| -9% | -$6.96M |
|
709
Markel Group
MKL
$22.8B
| $60.2M | 0.01% |
39,580
-2,877
| -7% | -$4.22M |
|
710
iShares MSCI India ETF
INDA
$6.58B
| $60M | 0.01% |
1,163,069
+137,987
| +13% | +$6.96M |
|
711
CALL
BCE
BCE
$21.7B
| $60M | 0.01% |
1,765,700
+784,700
| +80% | +$29.9M |
|
712
Huntington Bancshares
HBAN
$35.9B
| $59.7M | 0.01% |
4,277,838
-182,455
| -4% | -$2.36M |
|
713
First Trust Smith Unconstrained Bond ETF
UCON
$3.29B
| $59.6M | 0.01% |
2,424,317
+344,841
| +17% | +$8.48M |
|
714
Sarepta Therapeutics
SRPT
$1.95B
| $59.6M | 0.01% |
460,606
-353,423
| -43% | -$43.3M |
|
715
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $59.3M | 0.01% |
1,299,780
+83,386
| +7% | +$3.8M |
|
716
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.08B
| $59.2M | 0.01% |
500,594
+21,652
| +5% | +$2.44M |
|
717
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.6B
| $59.1M | 0.01% |
1,372,331
+145,597
| +12% | +$6.02M |
|
718
iShares Treasury Floating Rate Bond ETF
TFLO
$6.72B
| $58.8M | 0.01% |
1,160,612
-94,188
| -8% | -$4.77M |
|
719
Avantis US Small Cap Value ETF
AVUV
$31B
| $58.8M | 0.01% |
627,741
+109,345
| +21% | +$9.67M |
|
720
PUT
Cenovus Energy
CVE
$56.4B
| $58.7M | 0.01% |
2,935,500
+849,000
| +41% | +$14.5M |
|
721
Wendy's
WEN
$1.65B
| $58.5M | 0.01% |
3,107,570
-151,885
| -5% | -$2.85M |
|
722
InterContinental Hotels
IHG
$23.5B
| $58.3M | 0.01% |
552,133
-25,836
| -4% | -$2.59M |
|
723
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $58.3M | 0.01% |
615,715
-397,474
| -39% | -$37.7M |
|
724
VanEck Morningstar Wide Moat ETF
MOAT
$12.5B
| $57.9M | 0.01% |
644,481
+50,953
| +9% | +$4.37M |
|
725
CALL
Qualcomm
QCOM
$173B
| $57.9M | 0.01% |
342,200
+142,200
| +71% | +$22M |
|
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.