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 | |
|---|---|---|---|---|---|---|
801
KeyCorp
KEY
$24.6B
| $65.7M | 0.01% |
3,770,028
+423,412
| +13% | +$6.56M |
|
802
Bentley Systems
BSY
$11B
| $65.5M | 0.01% |
1,213,325
+596,477
| +97% | +$27.6M |
|
803
DaVita
DVA
$11.4B
| $65.4M | 0.01% |
458,992
+230,368
| +101% | +$32.6M |
|
804
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42B
| $65.2M | 0.01% |
1,610,586
+1,160,982
| +258% | +$44.5M |
|
805
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $65.2M | 0.01% |
1,097,414
+383,763
| +54% | +$21.4M |
|
|
PPL
806
PPL Corp
PPL
$26.8B
| $65M | 0.01% |
1,917,359
-123,050
| -6% | -$4.28M |
|
807
CF Industries
CF
$17.7B
| $64.9M | 0.01% |
705,172
+63,028
| +10% | +$5.37M |
|
808
EXL Service
EXLS
$5.36B
| $64.8M | 0.01% |
1,480,943
+281,087
| +23% | +$12.8M |
|
809
Live Nation Entertainment
LYV
$43.3B
| $64.7M | 0.01% |
427,601
+93,670
| +28% | +$12.9M |
|
810
Church & Dwight Co
CHD
$24B
| $64.7M | 0.01% |
672,740
+86,344
| +15% | +$8.52M |
|
811
iShares MSCI Intl Quality Factor ETF
IQLT
$14.3B
| $64.6M | 0.01% |
1,495,280
+316,073
| +27% | +$13.1M |
|
812
iShares Core MSCI International Developed Markets ETF
IDEV
$32.7B
| $64.6M | 0.01% |
849,753
+191,346
| +29% | +$13.8M |
|
813
Hudbay
HBM
$11.8B
| $64.5M | 0.01% |
6,082,761
+2,010,820
| +49% | +$16.8M |
|
814
Commault Systems
CVLT
$6.26B
| $64.5M | 0.01% |
369,736
+49,151
| +15% | +$8.39M |
|
815
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.85B
| $64.2M | 0.01% |
1,508,863
+153,569
| +11% | +$6.24M |
|
816
CALL
Honeywell
HON
$74.2B
| $64M | 0.01% |
+291,775
| New | +$59.1M |
|
817
PUT
Cameco
CCJ
$42.6B
| $63.9M | 0.01% |
860,600
+719,300
| +509% | +$38.4M |
|
818
Dynatrace
DT
$14.7B
| $63.8M | 0.01% |
1,154,696
+273,202
| +31% | +$13.7M |
|
819
Amer Sports
AS
$19.3B
| $63.4M | 0.01% |
1,636,283
+1,617,947
| +8,824% | +$49.8M |
|
820
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.46B
| $63.3M | 0.01% |
1,447,191
-335,149
| -19% | -$14.5M |
|
821
Schwab US Broad Market ETF
SCHB
$45.2B
| $63.2M | 0.01% |
2,651,173
+137,621
| +5% | +$3.03M |
|
822
CMS Energy
CMS
$22.1B
| $62.9M | 0.01% |
907,532
-131,427
| -13% | -$9.36M |
|
823
iShares S&P 100 ETF
OEF
$20.6B
| $62.7M | 0.01% |
206,136
+56,508
| +38% | +$15.7M |
|
824
MGM Resorts International
MGM
$11.1B
| $62.7M | 0.01% |
1,822,107
+441,438
| +32% | +$14M |
|
825
Solventum
SOLV
$14.7B
| $62.6M | 0.01% |
825,290
+573,881
| +228% | +$40.6M |
|
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.