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 | |
|---|---|---|---|---|---|---|
826
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $44.4M | 0.01% |
497,795
+144,929
| +41% | +$12.6M |
|
827
Wabtec
WAB
$50.3B
| $44.4M | 0.01% |
304,496
+42,998
| +16% | +$5.82M |
|
828
NexGen Energy
NXE
$6.97B
| $44.1M | 0.01% |
5,675,239
+2,083,653
| +58% | +$15.5M |
|
|
BBUC
829
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.01B
| $43.9M | 0.01% |
1,819,409
-55,207
| -3% | -$1.28M |
|
830
JPMorgan US Quality Factor ETF
JQUA
$8.66B
| $43.8M | 0.01% |
829,039
-2,215
| -0.3% | -$112K |
|
831
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.05B
| $43.8M | 0.01% |
1,244,611
-101,279
| -8% | -$3.41M |
|
832
CALL
ExxonMobil
XOM
$652B
| $43.6M | 0.01% |
375,000
+337,600
| +903% | +$35.3M |
|
833
Prudential
PUK
$34.5B
| $43.6M | 0.01% |
2,260,618
+219,448
| +11% | +$4.53M |
|
834
Mitsubishi UFJ Financial
MUFG
$260B
| $43.3M | 0.01% |
4,232,664
+7,721
| +0.2% | +$74.7K |
|
835
Installed Building Products
IBP
$6.54B
| $43.2M | 0.01% |
167,148
-25,994
| -13% | -$5.57M |
|
836
PUT
iShares MSCI EAFE ETF
EFA
$80.3B
| $43.2M | 0.01% |
541,400
+64,800
| +14% | +$4.96M |
|
837
Halliburton
HAL
$27.4B
| $43.1M | 0.01% |
1,093,779
-734,399
| -40% | -$26.3M |
|
838
FlexShares International Quality Dividend Index Fund
IQDF
$1.18B
| $43M | 0.01% |
1,785,886
+9,268
| +0.5% | +$218K |
|
839
First Trust North American Energy Infrastructure Fund
EMLP
$4.16B
| $43M | 0.01% |
1,456,363
-808,159
| -36% | -$22.5M |
|
840
PUT
Apollo Global Management
APO
$84.8B
| $42.9M | 0.01% |
+381,400
| New | +$40.2M |
|
841
Fair Isaac
FICO
$24B
| $42.8M | 0.01% |
34,290
-12,507
| -27% | -$15.6M |
|
842
Dover
DOV
$27.8B
| $42.7M | 0.01% |
241,084
-4,869
| -2% | -$784K |
|
843
Commault Systems
CVLT
$6.26B
| $42.6M | 0.01% |
420,005
-11,610
| -3% | -$1.05M |
|
844
iShares US Home Construction ETF
ITB
$2.37B
| $42.4M | 0.01% |
366,362
+93,696
| +34% | +$9.83M |
|
845
iShares International Select Dividend ETF
IDV
$8.53B
| $42.3M | 0.01% |
1,509,616
+24,208
| +2% | +$669K |
|
846
ARK Innovation ETF
ARKK
$6.54B
| $42.2M | 0.01% |
842,406
-312,348
| -27% | -$15.2M |
|
847
Applied Industrial Technologies
AIT
$13.2B
| $42.2M | 0.01% |
213,535
-18,157
| -8% | -$3.32M |
|
848
Icon
ICLR
$12.9B
| $42.2M | 0.01% |
125,516
-14,639
| -10% | -$4.32M |
|
849
Blackstone Secured Lending
BXSL
$5.83B
| $41.9M | 0.01% |
1,346,616
+230,525
| +21% | +$6.75M |
|
850
Ares Management
ARES
$33.7B
| $41.9M | 0.01% |
315,082
-23,676
| -7% | -$3.02M |
|
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.