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 | |
|---|---|---|---|---|---|---|
851
Teradyne
TER
$64.2B
| $41.9M | 0.01% |
371,070
-121,212
| -25% | -$12.6M |
|
852
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.07B
| $41.9M | 0.01% |
1,764,488
+42,491
| +2% | +$979K |
|
853
Hubbell
HUBB
$26.8B
| $41.8M | 0.01% |
100,677
-10,360
| -9% | -$3.75M |
|
|
EFXT
854
Enerflex
EFXT
$2.62B
| $41.6M | 0.01% |
7,128,476
+1,321,107
| +23% | +$7.07M |
|
855
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.87B
| $41.4M | 0.01% |
1,741,029
-27,930
| -2% | -$665K |
|
856
Invesco Preferred ETF
PGX
$3.77B
| $41.3M | 0.01% |
3,479,795
+36,179
| +1% | +$426K |
|
857
Materion
MTRN
$5.88B
| $41.2M | 0.01% |
312,727
+10,420
| +3% | +$1.32M |
|
858
Cullen/Frost Bankers
CFR
$10.5B
| $41.1M | 0.01% |
365,001
+92,636
| +34% | +$9.9M |
|
859
CALL
Agnico Eagle Mines
AEM
$91.3B
| $41M | 0.01% |
687,000
+276,000
| +67% | +$14.1M |
|
860
PUT
Wells Fargo
WFC
$266B
| $40.9M | 0.01% |
705,000
-2,431,200
| -78% | -$127M |
|
861
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $40.8M | 0.01% |
565,093
+9,633
| +2% | +$661K |
|
862
Dimensional US Core Equity 2 ETF
DFAC
$49.9B
| $40.8M | 0.01% |
1,276,196
+63,624
| +5% | +$1.92M |
|
863
iShares MSCI Mexico ETF
EWW
$1.87B
| $40.8M | 0.01% |
588,021
+82,269
| +16% | +$5.47M |
|
864
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.29B
| $40.7M | 0.01% |
2,274,085
-20,174
| -0.9% | -$358K |
|
865
Globant
GLOB
$1.77B
| $40.5M | 0.01% |
200,479
+19,840
| +11% | +$4.46M |
|
866
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $40.4M | 0.01% |
681,759
+86,846
| +15% | +$5.14M |
|
867
LKQ Corp
LKQ
$6.38B
| $40.4M | 0.01% |
755,965
+12,594
| +2% | +$625K |
|
868
Texas Roadhouse
TXRH
$13.6B
| $40.2M | 0.01% |
260,552
-116,749
| -31% | -$16M |
|
869
Delta Air Lines
DAL
$60B
| $40.2M | 0.01% |
840,527
-775,075
| -48% | -$32M |
|
870
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $40.2M | 0.01% |
425,000
+25,000
| +6% | +$2.36M |
|
871
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.14B
| $40.2M | 0.01% |
847,282
+392,714
| +86% | +$18.6M |
|
872
Vanguard FTSE Europe ETF
VGK
$31.1B
| $40.1M | 0.01% |
595,173
-464,018
| -44% | -$30.1M |
|
873
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $40.1M | 0.01% |
836,655
-102,252
| -11% | -$4.87M |
|
|
CNH
874
CNH Industrial
CNH
$16.7B
| $40M | 0.01% |
3,090,195
+190,112
| +7% | +$2.3M |
|
875
Booz Allen Hamilton
BAH
$9.43B
| $39.8M | 0.01% |
267,808
-26,205
| -9% | -$3.69M |
|
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.