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 | |
|---|---|---|---|---|---|---|
901
Vanguard FTSE Pacific ETF
VPL
$8.65B
| $38.5M | 0.01% |
534,788
+163,110
| +44% | +$11.1M |
|
902
PUT
Boeing
BA
$182B
| $38.4M | 0.01% |
147,500
| – | – |
|
903
Global X US Infrastructure Development ETF
PAVE
$14.3B
| $38.2M | 0.01% |
1,109,760
+42,152
| +4% | +$1.31M |
|
904
Dover
DOV
$27.8B
| $37.8M | 0.01% |
245,953
+44,489
| +22% | +$6.23M |
|
905
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$753M
| $37.7M | 0.01% |
667,055
-73,016
| -10% | -$4.08M |
|
906
Extra Space Storage
EXR
$31.6B
| $37.7M | 0.01% |
235,269
-257,532
| -52% | -$32.7M |
|
907
Booz Allen Hamilton
BAH
$9.43B
| $37.6M | 0.01% |
294,013
+10,040
| +4% | +$1.25M |
|
908
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $37.4M | 0.01% |
838,720
+133,995
| +19% | +$5.71M |
|
909
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $37.4M | 0.01% |
914,406
-109,556
| -11% | -$4.3M |
|
910
HSBC
HSBC
$358B
| $37.3M | 0.01% |
920,170
-20,076
| -2% | -$777K |
|
|
IBTF
911
DELISTED
iShares iBonds Dec 2025 Term Treasury ETF
IBTF
| $37.3M | 0.01% |
1,601,566
+1,219,918
| +320% | +$28.2M |
|
912
Azenta
AZTA
$1.49B
| $37.3M | 0.01% |
572,135
+30,193
| +6% | +$1.64M |
|
913
Baxter International
BAX
$14B
| $37.1M | 0.01% |
958,907
-480,918
| -33% | -$17M |
|
914
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $36.9M | 0.01% |
555,460
+11,583
| +2% | +$728K |
|
915
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $36.8M | 0.01% |
717,596
+48,125
| +7% | +$2.35M |
|
916
Avery Dennison
AVY
$13.6B
| $36.8M | 0.01% |
181,908
+29,296
| +19% | +$5.47M |
|
917
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $36.6M | 0.01% |
594,913
+222,939
| +60% | +$12.6M |
|
918
Hubbell
HUBB
$26.8B
| $36.5M | 0.01% |
111,037
+47,716
| +75% | +$14.4M |
|
919
Everest Group
EG
$14B
| $36.5M | 0.01% |
103,163
+38,360
| +59% | +$14.9M |
|
|
BCPC
920
Balchem Corp
BCPC
$5.65B
| $36.4M | 0.01% |
245,036
-8,623
| -3% | -$1.1M |
|
921
Mitsubishi UFJ Financial
MUFG
$260B
| $36.4M | 0.01% |
4,224,943
+413,540
| +11% | +$3.49M |
|
922
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $36.3M | 0.01% |
265,118
+95,872
| +57% | +$13.5M |
|
923
CALL
Citigroup
C
$233B
| $36M | 0.01% |
699,800
-591,900
| -46% | -$26.2M |
|
924
State Street
STT
$52.2B
| $36M | 0.01% |
464,519
+124,109
| +36% | +$8.65M |
|
925
PUT
iShares MSCI EAFE ETF
EFA
$80.3B
| $35.9M | 0.01% |
476,600
-1,714,100
| -78% | -$121M |
|
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.