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 |
TC Energy
TRP
|
+$1.77B |
| 2 |
Chevron
CVX
|
+$1.56B |
| 3 |
EMA
Emera Inc
EMA
|
+$942M |
| 4 |
Enbridge
ENB
|
+$863M |
| 5 |
Bank of Montreal
BMO
|
+$796M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$893M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$826M |
| 3 |
Toronto Dominion Bank
TD
|
+$803M |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$594M |
| 5 |
Apple
AAPL
|
+$534M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.98% |
| 2 | Technology | 17.37% |
| 3 | Industrials | 7.41% |
| 4 | Consumer Discretionary | 6.78% |
| 5 | Energy | 6.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
iShares ESG Aware MSCI USA ETF
ESGU
$18.5B
| $74.3M | 0.01% |
549,367
+18,877
| +4% | +$2.36M |
|
752
CALL
AbbVie
ABBV
$443B
| $74.2M | 0.01% |
400,000
-576,000
| -59% | -$107M |
|
753
Descartes Systems
DSGX
$6.62B
| $74M | 0.01% |
727,977
+33,741
| +5% | +$3.56M |
|
754
Loews
L
$23B
| $73.8M | 0.01% |
805,600
+5,562
| +0.7% | +$488K |
|
755
IQVIA
IQV
$39.8B
| $73.6M | 0.01% |
467,014
+74,367
| +19% | +$11.2M |
|
756
Zscaler
ZS
$30.4B
| $73.2M | 0.01% |
233,222
-160,543
| -41% | -$40M |
|
757
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $73M | 0.01% |
1,576,376
+30,224
| +2% | +$1.38M |
|
758
Stanley Black & Decker
SWK
$15.4B
| $73M | 0.01% |
1,077,255
+615,233
| +133% | +$39.7M |
|
759
BlackRock Flexible Income ETF
BINC
$16.3B
| $72.9M | 0.01% |
1,379,280
+153,381
| +13% | +$7.99M |
|
760
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.08B
| $72.6M | 0.01% |
587,565
+44,686
| +8% | +$5.26M |
|
761
Vanguard Long-Term Bond ETF
BLV
$5.73B
| $72.5M | 0.01% |
1,042,272
+21,784
| +2% | +$1.49M |
|
762
Warner Bros
WBD
$69.6B
| $71.9M | 0.01% |
6,274,964
+1,609,126
| +34% | +$15M |
|
763
D.R. Horton
DHI
$41.9B
| $71.8M | 0.01% |
556,719
-38,407
| -6% | -$4.73M |
|
764
VanEck Morningstar Wide Moat ETF
MOAT
$12.5B
| $71.8M | 0.01% |
765,074
-239,585
| -24% | -$21M |
|
|
TGNA
765
DELISTED
TEGNA Inc
TGNA
| $71.6M | 0.01% |
4,274,496
+3,737,808
| +696% | +$62.1M |
|
766
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $71.6M | 0.01% |
747,259
-598,381
| -44% | -$56.6M |
|
767
HEICO Corp
HEI
$51.9B
| $71.5M | 0.01% |
218,094
+71,833
| +49% | +$19.9M |
|
768
Guidewire Software
GWRE
$15.2B
| $71.5M | 0.01% |
303,585
+24,715
| +9% | +$5.31M |
|
769
VictoryShares Free Cash Flow ETF
VFLO
$10.1B
| $71.4M | 0.01% |
2,019,114
+238,549
| +13% | +$8.02M |
|
770
Henry Schein
HSIC
$10B
| $71.3M | 0.01% |
976,102
+892,856
| +1,073% | +$61.5M |
|
771
Capital Group Core Equity ETF
CGUS
$11.9B
| $71M | 0.01% |
1,922,030
-52,675
| -3% | -$1.79M |
|
772
Pool Corp
POOL
$7.29B
| $70.8M | 0.01% |
243,012
+128,110
| +111% | +$38.7M |
|
773
iShares TIPS Bond ETF
TIP
$14.7B
| $70.8M | 0.01% |
643,592
+136,342
| +27% | +$14.9M |
|
774
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $70.7M | 0.01% |
1,079,765
+184,329
| +21% | +$12M |
|
775
PUT
Pembina Pipeline
PBA
$28.4B
| $70.7M | 0.01% |
1,885,700
| – | – |
|
Similar funds
Royal Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, Royal Bank of Canada held 7,516 positions worth $555B, up 16% from $479B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $28.4B of net new capital in Q2 2025, opening 524 new positions and adding to 3,973 existing holdings. Its largest new stake was Emera Inc: 20,985,495 shares worth $962M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Canadian Natural Resources, an estimated $893M trimmed.
- Royal Bank of Canada's largest Q2 2025 buy was Emera Inc: 20,985,495 shares worth $962M.
- Royal Bank of Canada added most to TC Energy in Q2 2025, an estimated $1.77B increase.
- Royal Bank of Canada's biggest Q2 2025 reduction was Canadian Natural Resources, cutting an estimated $893M.
- Royal Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $84.6M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $555B portfolio in Q2 2025.
- Royal Bank of Canada opened 524 new positions and closed 342 in Q2 2025.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $555B.
Based on Royal Bank of Canada's 13F filing for Q2 2025, filed 14 Aug 2025.