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 | |
|---|---|---|---|---|---|---|
726
Novartis
NVS
$288B
| $57.8M | 0.01% |
597,948
+8,587
| +1% | +$880K |
|
|
WCC
727
WESCO International
WCC
$17.5B
| $57.5M | 0.01% |
335,939
-6,030
| -2% | -$996K |
|
728
RBC Bearings
RBC
$17.5B
| $57.4M | 0.01% |
212,407
-8,017
| -4% | -$2.16M |
|
729
Invesco S&P 500 Low Volatility ETF
SPLV
$7.22B
| $57.2M | 0.01% |
868,707
-238,593
| -22% | -$15.2M |
|
730
GE Vernova
GEV
$279B
| $57.2M | 0.01% |
+418,351
| New | +$56.1M |
|
731
CALL
Blackstone
BX
$112B
| $56.9M | 0.01% |
433,400
+119,600
| +38% | +$14.9M |
|
732
Schwab US Large-Cap Growth ETF
SCHG
$63.2B
| $56.7M | 0.01% |
2,445,352
+233,520
| +11% | +$5.16M |
|
733
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.9B
| $56.6M | 0.01% |
217,106
-21,035
| -9% | -$5.17M |
|
734
Invesco S&P 500 GARP ETF
SPGP
$2.33B
| $56.3M | 0.01% |
528,739
+20,334
| +4% | +$2.02M |
|
735
Flutter Entertainment
FLUT
$17.1B
| $56.3M | 0.01% |
+285,002
| New | +$60.8M |
|
|
AXON
736
Axon Enterprise
AXON
$50B
| $56.1M | 0.01% |
179,310
-26,176
| -13% | -$7.27M |
|
737
Alnylam Pharmaceuticals
ALNY
$30.4B
| $56M | 0.01% |
374,424
+116,469
| +45% | +$19.4M |
|
738
Nice
NICE
$6.17B
| $55.9M | 0.01% |
214,535
+1,519
| +0.7% | +$345K |
|
739
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.94B
| $55.5M | 0.01% |
3,048,503
-324,321
| -10% | -$5.84M |
|
740
Exelon
EXC
$47B
| $55.4M | 0.01% |
1,473,945
-660,554
| -31% | -$23.6M |
|
741
CALL
Caterpillar
CAT
$393B
| $55M | 0.01% |
150,000
-65,200
| -30% | -$20.8M |
|
742
PUT
TSMC
TSM
$2.23T
| $54.8M | 0.01% |
402,500
-167,500
| -29% | -$20.8M |
|
743
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $54.8M | 0.01% |
521,320
-58,148
| -10% | -$6.09M |
|
744
VanEck Oil Services ETF
OIH
$1.95B
| $54.7M | 0.01% |
162,500
-185,811
| -53% | -$56.3M |
|
745
iShares US Healthcare ETF
IYH
$3.77B
| $54.2M | 0.01% |
876,032
+18,557
| +2% | +$1.12M |
|
|
SPYM
746
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $54.2M | 0.01% |
880,771
-292,463
| -25% | -$17.1M |
|
747
M&T Bank
MTB
$36.6B
| $54.2M | 0.01% |
372,587
-64,602
| -15% | -$8.95M |
|
748
SBA Communications
SBAC
$19.8B
| $54M | 0.01% |
249,180
-48,725
| -16% | -$10.8M |
|
749
Match Group
MTCH
$8.56B
| $53.9M | 0.01% |
1,485,997
-195,652
| -12% | -$7.07M |
|
750
Vanguard Russell 1000 Value ETF
VONV
$22B
| $53.9M | 0.01% |
685,444
+22,311
| +3% | +$1.66M |
|
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.