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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.75B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1B |
| 3 |
Procter & Gamble
PG
|
+$980M |
| 4 |
Apple
AAPL
|
+$894M |
| 5 |
Amazon
AMZN
|
+$815M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$806M |
| 2 |
Palo Alto Networks
PANW
|
+$726M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 4 |
Toronto Dominion Bank
TD
|
+$494M |
| 5 |
Enbridge
ENB
|
+$407M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 15.76% |
| 3 | Industrials | 7.8% |
| 4 | Healthcare | 7.3% |
| 5 | Consumer Discretionary | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $42.4M | 0.01% |
611,307
-85,934
| -12% | -$5.7M |
|
852
Interactive Brokers
IBKR
$41.4B
| $42.4M | 0.01% |
2,044,328
+584,764
| +40% | +$12M |
|
853
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.87B
| $42.3M | 0.01% |
1,768,959
+134,102
| +8% | +$3.13M |
|
854
Schwab US Broad Market ETF
SCHB
$45.2B
| $42.2M | 0.01% |
2,274,537
+23,850
| +1% | +$412K |
|
855
Check Point Software Technologies
CHKP
$13.7B
| $41.9M | 0.01% |
274,449
-10,060
| -4% | -$1.42M |
|
856
CALL
TC Energy
TRP
$65.8B
| $41.8M | 0.01% |
1,070,000
+412,000
| +63% | +$15M |
|
857
Pinterest
PINS
$13.2B
| $41.8M | 0.01% |
1,127,520
-29,293
| -3% | -$921K |
|
858
DoorDash
DASH
$93.7B
| $41.7M | 0.01% |
421,904
+56,727
| +16% | +$5.02M |
|
859
iShares International Select Dividend ETF
IDV
$8.53B
| $41.6M | 0.01% |
1,485,408
-169,995
| -10% | -$4.43M |
|
860
FlexShares International Quality Dividend Index Fund
IQDF
$1.18B
| $41.4M | 0.01% |
1,776,618
-50,644
| -3% | -$1.11M |
|
861
Amdocs
DOX
$6.23B
| $41.3M | 0.01% |
469,510
+162,048
| +53% | +$13.5M |
|
862
VeriSign
VRSN
$26B
| $41.2M | 0.01% |
200,172
-76,460
| -28% | -$15.9M |
|
863
CALL
Blackstone
BX
$112B
| $41.1M | 0.01% |
313,800
+305,600
| +3,727% | +$33.1M |
|
|
DFUS
864
Dimensional US Equity ETF
DFUS
$21.8B
| $40.7M | 0.01% |
785,172
+420,121
| +115% | +$20.3M |
|
865
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.48B
| $40.6M | 0.01% |
784,890
+287,465
| +58% | +$14.2M |
|
|
DOO
866
Bombardier Recreational Products
DOO
$4.75B
| $40.5M | 0.01% |
564,623
-24,590
| -4% | -$1.72M |
|
867
Sun Communities
SUI
$14.6B
| $40.5M | 0.01% |
302,696
-55,519
| -15% | -$6.69M |
|
868
SEI Investments
SEIC
$12.8B
| $40.4M | 0.01% |
635,580
-13,888
| -2% | -$810K |
|
869
Kinsale Capital Group
KNSL
$8.59B
| $40.4M | 0.01% |
120,589
-27,502
| -19% | -$10.2M |
|
870
Ares Management
ARES
$33.7B
| $40.3M | 0.01% |
338,758
+60,591
| +22% | +$6.58M |
|
871
STMicroelectronics
STM
$48.1B
| $40.2M | 0.01% |
802,266
+3,823
| +0.5% | +$171K |
|
872
LCI Industries
LCII
$2.6B
| $40.2M | 0.01% |
319,713
+26,101
| +9% | +$3M |
|
873
EXL Service
EXLS
$5.36B
| $40.2M | 0.01% |
1,302,060
+77,625
| +6% | +$2.2M |
|
874
ePlus
PLUS
$2.31B
| $40.1M | 0.01% |
501,967
-44,698
| -8% | -$2.99M |
|
875
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $40.1M | 0.01% |
413,606
+161,514
| +64% | +$14.5M |
|
Similar funds
Royal Bank of Canada's Q4 2023 Portfolio in Review
As of Q4 2023, Royal Bank of Canada held 7,942 positions worth $428B, up 16% from $369B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $17.2B of net new capital in Q4 2023, opening 466 new positions and adding to 4,113 existing holdings. Its largest new stake was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was PepsiCo, an estimated $806M trimmed.
- Royal Bank of Canada's largest Q4 2023 buy was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $8.75B increase.
- Royal Bank of Canada's biggest Q4 2023 reduction was PepsiCo, cutting an estimated $806M.
- Royal Bank of Canada fully exited Activision Blizzard in Q4 2023, selling an estimated $69.3M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $428B portfolio in Q4 2023.
- Royal Bank of Canada opened 466 new positions and closed 401 in Q4 2023.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $428B.
Based on Royal Bank of Canada's 13F filing for Q4 2023, filed 14 Feb 2024.