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 | |
|---|---|---|---|---|---|---|
801
Enphase Energy
ENPH
$5.39B
| $47.2M | 0.01% |
390,440
+40,196
| +11% | +$4.69M |
|
802
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46.1B
| $47M | 0.01% |
929,772
-129,613
| -12% | -$6.57M |
|
803
C.H. Robinson
CHRW
$17.5B
| $47M | 0.01% |
617,293
-898,371
| -59% | -$70.2M |
|
804
CALL
Salesforce
CRM
$165B
| $47M | 0.01% |
156,000
-244,000
| -61% | -$70.4M |
|
805
Charles River Laboratories
CRL
$13.4B
| $47M | 0.01% |
173,328
-10,276
| -6% | -$2.45M |
|
806
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $47M | 0.01% |
359,173
+10,207
| +3% | +$1.27M |
|
|
VRN
807
DELISTED
Veren
VRN
| $46.4M | 0.01% |
5,659,510
+1,217,946
| +27% | +$8.53M |
|
808
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $46.1M | 0.01% |
540,169
+8,379
| +2% | +$707K |
|
809
ResMed
RMD
$32.9B
| $46.1M | 0.01% |
232,560
-110,438
| -32% | -$20.2M |
|
810
Capital Group Global Growth Equity ETF
CGGO
$12.1B
| $46M | 0.01% |
1,598,217
+442,160
| +38% | +$12M |
|
811
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $45.8M | 0.01% |
1,869,125
+38,644
| +2% | +$960K |
|
812
Carnival Corporation Ltd
CCL
$38.9B
| $45.8M | 0.01% |
2,803,474
+380,286
| +16% | +$6.19M |
|
813
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.46B
| $45.8M | 0.01% |
1,118,278
+218,749
| +24% | +$8.46M |
|
814
Bunge Global
BG
$21.7B
| $45.8M | 0.01% |
446,390
-503,136
| -53% | -$47.1M |
|
815
Check Point Software Technologies
CHKP
$13.7B
| $45.7M | 0.01% |
278,830
+4,381
| +2% | +$702K |
|
816
LPL Financial
LPLA
$29.5B
| $45.5M | 0.01% |
172,093
-84,369
| -33% | -$21.3M |
|
817
Global X US Infrastructure Development ETF
PAVE
$14.3B
| $45.4M | 0.01% |
1,140,637
+30,877
| +3% | +$1.12M |
|
818
GoDaddy
GDDY
$12.7B
| $45.4M | 0.01% |
382,322
-240,950
| -39% | -$26.8M |
|
|
JBTM
819
JBT Marel
JBTM
$6.1B
| $45.4M | 0.01% |
432,397
-30,306
| -7% | -$3.02M |
|
820
Edison International
EIX
$27.2B
| $45.3M | 0.01% |
641,019
-9,522
| -1% | -$651K |
|
821
Schwab US Broad Market ETF
SCHB
$45.2B
| $44.8M | 0.01% |
2,199,000
-75,537
| -3% | -$1.46M |
|
822
CMS Energy
CMS
$22.1B
| $44.7M | 0.01% |
740,739
-7,614
| -1% | -$441K |
|
823
CF Industries
CF
$17.7B
| $44.5M | 0.01% |
535,064
-20,054
| -4% | -$1.6M |
|
824
iShares MSCI Japan ETF
EWJ
$23.2B
| $44.5M | 0.01% |
623,980
+74,341
| +14% | +$5.04M |
|
825
Pinterest
PINS
$13.2B
| $44.5M | 0.01% |
1,283,527
+156,007
| +14% | +$5.67M |
|
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.