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 |
Vanguard S&P 500 ETF
VOO
|
+$11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$5.3B |
| 3 |
Apple
AAPL
|
+$2B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.88B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.47B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.03B |
| 2 |
Bank of Montreal
BMO
|
+$1.95B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.87B |
| 4 |
TC Energy
TRP
|
+$1.8B |
| 5 |
Scotiabank
BNS
|
+$1.21B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.7% |
| 2 | Financials | 17.47% |
| 3 | Industrials | 6.5% |
| 4 | Communication Services | 6.43% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Ares Capital
ARCC
$14.5B
| $61M | 0.01% |
3,014,381
-515,974
| -15% | -$10.4M |
|
852
Descartes Systems
DSGX
$6.62B
| $60.7M | 0.01% |
692,945
-326,163
| -32% | -$29.2M |
|
853
Halliburton
HAL
$27.4B
| $60.7M | 0.01% |
2,147,122
-932,139
| -30% | -$24.6M |
|
854
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
| $60.7M | 0.01% |
1,192,931
+228,260
| +24% | +$11.6M |
|
855
Invesco CEF Income Composite ETF
PCEF
$823M
| $60.5M | 0.01% |
3,044,256
+1,169,654
| +62% | +$23.2M |
|
856
Keurig Dr Pepper
KDP
$42.3B
| $60.5M | 0.01% |
2,158,233
+12,155
| +0.6% | +$334K |
|
857
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.05B
| $60.4M | 0.01% |
1,326,999
-2,343,517
| -64% | -$106M |
|
858
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.7B
| $60.1M | 0.01% |
827,378
-223,481
| -21% | -$15.9M |
|
859
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $59.9M | 0.01% |
491,613
+49,118
| +11% | +$5.63M |
|
|
JBTM
860
JBT Marel
JBTM
$6.1B
| $59.8M | 0.01% |
396,838
-56,438
| -12% | -$7.96M |
|
861
Invesco KBW Bank ETF
KBWB
$6.84B
| $59.6M | 0.01% |
707,460
+26,652
| +4% | +$2.11M |
|
862
A.O. Smith
AOS
$8.49B
| $59.4M | 0.01% |
887,886
+89,612
| +11% | +$6.06M |
|
863
Flowserve
FLS
$10.3B
| $59.3M | 0.01% |
854,868
-189,092
| -18% | -$12.2M |
|
864
Carnival Corporation Ltd
CCL
$38.9B
| $59.3M | 0.01% |
1,941,033
-2,768,964
| -59% | -$77.2M |
|
865
BJs Wholesale Club
BJ
$11.9B
| $59.1M | 0.01% |
656,429
+342,775
| +109% | +$31.5M |
|
866
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.5B
| $59.1M | 0.01% |
634,895
+85,742
| +16% | +$8.02M |
|
867
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.47B
| $59M | 0.01% |
609,685
+47,259
| +8% | +$4.65M |
|
868
Waters Corp
WAT
$40.6B
| $59M | 0.01% |
155,324
-90,832
| -37% | -$33.4M |
|
869
iShares S&P Small-Cap 600 Value ETF
IJS
$8.43B
| $58.8M | 0.01% |
517,480
+33,000
| +7% | +$3.7M |
|
|
VBIL
870
Vanguard 0-3 Month Treasury Bill ETF
VBIL
$10.1B
| $58.6M | 0.01% |
776,756
+12,891
| +2% | +$973K |
|
871
Vanguard Russell 1000 Value ETF
VONV
$22B
| $58.3M | 0.01% |
631,573
+25,877
| +4% | +$2.35M |
|
872
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.48B
| $58.3M | 0.01% |
1,185,529
-584,083
| -33% | -$28.6M |
|
873
iShares MSCI India ETF
INDA
$6.58B
| $58.2M | 0.01% |
1,076,962
-2,491,037
| -70% | -$134M |
|
874
EXL Service
EXLS
$5.36B
| $58.2M | 0.01% |
1,371,430
-245,670
| -15% | -$10M |
|
875
iShares US Real Estate ETF
IYR
$4.58B
| $58M | 0.01% |
617,927
+51,486
| +9% | +$4.91M |
|
Similar funds
Royal Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, Royal Bank of Canada held 7,850 positions worth $615B, up 0.73% from $610B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Royal Bank of Canada's Q4 2025 filing shows 563 new, 2,770 increased, 3,618 reduced and 430 closed positions. Its largest new stake was Boyd Group Services: 1,282,335 shares worth $204M. The largest sale was Amazon, an estimated $2.03B.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Royal Bank of Canada's largest Q4 2025 buy was Boyd Group Services: 1,282,335 shares worth $204M.
- Royal Bank of Canada added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $11B increase.
- Royal Bank of Canada's biggest Q4 2025 reduction was Amazon, cutting an estimated $2.03B.
- Royal Bank of Canada fully exited Interpublic Group of Companies in Q4 2025, selling an estimated $140M.
- Royal Bank of Canada's ten largest holdings make up 24% of its $615B portfolio in Q4 2025.
- Royal Bank of Canada opened 563 new positions and closed 430 in Q4 2025.
- Royal Bank of Canada's portfolio value rose 0.73% quarter-over-quarter to $615B.
Based on Royal Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.