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 |
Vanguard S&P 500 ETF
VOO
|
+$11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$5.3B |
| 3 |
Apple
AAPL
|
+$2B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.88B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.47B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.03B |
| 2 |
Bank of Montreal
BMO
|
+$1.95B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.87B |
| 4 |
TC Energy
TRP
|
+$1.8B |
| 5 |
Scotiabank
BNS
|
+$1.21B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.7% |
| 2 | Financials | 17.47% |
| 3 | Industrials | 6.5% |
| 4 | Communication Services | 6.43% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
CALL
Microsoft
MSFT
$3.69T
| $82.2M | 0.01% |
170,000
-649,800
| -79% | -$326M |
|
727
Generac Holdings
GNRC
$12.8B
| $82.2M | 0.01% |
602,419
-18,888
| -3% | -$3.05M |
|
728
PUT
Citigroup
C
$233B
| $82.1M | 0.01% |
703,700
-37,300
| -5% | -$3.87M |
|
729
AB InBev
BUD
$158B
| $81.9M | 0.01% |
1,278,932
-255,204
| -17% | -$15.8M |
|
730
Wabtec
WAB
$50.3B
| $81.7M | 0.01% |
382,851
+123,735
| +48% | +$25.4M |
|
731
Devon Energy
DVN
$48.8B
| $81.7M | 0.01% |
2,229,704
+1,039,725
| +87% | +$36.3M |
|
732
Avantis US Small Cap Value ETF
AVUV
$31B
| $81.4M | 0.01% |
798,242
+18,865
| +2% | +$1.89M |
|
733
Nasdaq
NDAQ
$54.6B
| $81.3M | 0.01% |
837,412
+194,763
| +30% | +$17.5M |
|
734
Dimensional US Small Cap ETF
DFAS
$15.9B
| $81.3M | 0.01% |
1,166,599
+93,269
| +9% | +$6.43M |
|
735
Southwest Airlines
LUV
$22B
| $81.1M | 0.01% |
1,962,304
-213,666
| -10% | -$7.46M |
|
736
JPMorgan Active Bond ETF
JBND
$8.58B
| $80.4M | 0.01% |
1,487,107
+395,688
| +36% | +$21.5M |
|
737
Capital Group Core Plus Income ETF
CGCP
$8.53B
| $80.4M | 0.01% |
3,549,555
+370,637
| +12% | +$8.43M |
|
738
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $79.8M | 0.01% |
1,695,004
+61,616
| +4% | +$2.9M |
|
739
Nucor
NUE
$61.8B
| $79.7M | 0.01% |
488,652
+88,396
| +22% | +$13.3M |
|
740
Novartis
NVS
$288B
| $79.7M | 0.01% |
577,922
+25,995
| +5% | +$3.4M |
|
741
PUT
TKO Group
TKO
$14.6B
| $79.5M | 0.01% |
+380,200
| New | +$73.9M |
|
742
CALL
Carnival Corporation Ltd
CCL
$38.9B
| $79.1M | 0.01% |
2,591,000
+2,122,500
| +453% | +$59.2M |
|
743
Lennar Class A
LEN
$21.1B
| $79M | 0.01% |
768,590
-202,073
| -21% | -$24.4M |
|
|
GRMN
744
Garmin
GRMN
$60.2B
| $79M | 0.01% |
389,393
-51,171
| -12% | -$11.1M |
|
745
iShares ESG Aware MSCI USA ETF
ESGU
$18.5B
| $78.9M | 0.01% |
529,305
-41,410
| -7% | -$6.12M |
|
746
Energy Transfer Partners
ET
$71.5B
| $78.2M | 0.01% |
4,744,393
+17,637
| +0.4% | +$294K |
|
747
iShares MSCI Intl Quality Factor ETF
IQLT
$14.3B
| $78.1M | 0.01% |
1,719,386
+154,607
| +10% | +$6.93M |
|
748
CMS Energy
CMS
$22.1B
| $78.1M | 0.01% |
1,117,152
+126,566
| +13% | +$9.21M |
|
749
PUT
Fortis
FTS
$28.8B
| $77.9M | 0.01% |
1,500,000
| – | – |
|
750
VanEck Morningstar Wide Moat ETF
MOAT
$12.5B
| $77.9M | 0.01% |
752,273
+2,782
| +0.4% | +$284K |
|
Similar funds
Royal Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, Royal Bank of Canada held 7,850 positions worth $615B, up 0.73% from $610B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Royal Bank of Canada's Q4 2025 filing shows 563 new, 2,770 increased, 3,618 reduced and 430 closed positions. Its largest new stake was Boyd Group Services: 1,282,335 shares worth $204M. The largest sale was Amazon, an estimated $2.03B.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Royal Bank of Canada's largest Q4 2025 buy was Boyd Group Services: 1,282,335 shares worth $204M.
- Royal Bank of Canada added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $11B increase.
- Royal Bank of Canada's biggest Q4 2025 reduction was Amazon, cutting an estimated $2.03B.
- Royal Bank of Canada fully exited Interpublic Group of Companies in Q4 2025, selling an estimated $140M.
- Royal Bank of Canada's ten largest holdings make up 24% of its $615B portfolio in Q4 2025.
- Royal Bank of Canada opened 563 new positions and closed 430 in Q4 2025.
- Royal Bank of Canada's portfolio value rose 0.73% quarter-over-quarter to $615B.
Based on Royal Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.