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 | |
|---|---|---|---|---|---|---|
1001
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $31.3M | 0.01% |
391,247
+18,355
| +5% | +$1.41M |
|
1002
CALL
Dollar General
DG
$26.4B
| $31.2M | 0.01% |
200,000
| – | – |
|
|
K
1003
DELISTED
Kellanova
K
| $31.2M | 0.01% |
544,788
-3,309
| -0.6% | -$182K |
|
1004
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.07B
| $31.2M | 0.01% |
1,365,706
+170,713
| +14% | +$3.89M |
|
1005
PUT
Ford
F
$55.4B
| $31.1M | 0.01% |
2,342,700
+115,000
| +5% | +$1.39M |
|
1006
Incyte
INCY
$24.5B
| $31.1M | 0.01% |
545,979
-136,993
| -20% | -$8.22M |
|
1007
Matador Resources
MTDR
$6.5B
| $31.1M | 0.01% |
465,325
-27,429
| -6% | -$1.63M |
|
1008
Qorvo
QRVO
$8.67B
| $31.1M | 0.01% |
270,506
+123,430
| +84% | +$13.6M |
|
1009
CALL
Freeport-McMoran
FCX
$96.9B
| $31M | 0.01% |
659,200
+508,300
| +337% | +$20.5M |
|
1010
Sensata Technologies
ST
$6.72B
| $31M | 0.01% |
843,182
+744,758
| +757% | +$26.1M |
|
1011
Datadog
DDOG
$90.6B
| $30.8M | 0.01% |
249,091
-145,226
| -37% | -$18.3M |
|
1012
Vanguard World Funds Extended Duration ETF
EDV
$3.49B
| $30.8M | 0.01% |
401,719
-28,441
| -7% | -$2.16M |
|
|
BNT
1013
Brookfield Wealth Solutions
BNT
$12.2B
| $30.8M | 0.01% |
1,104,219
-7,758
| -0.7% | -$209K |
|
1014
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.38B
| $30.8M | 0.01% |
1,289,397
-27,967
| -2% | -$667K |
|
1015
Cleveland-Cliffs
CLF
$6.99B
| $30.6M | 0.01% |
1,347,416
+96,259
| +8% | +$1.91M |
|
1016
IDEX
IEX
$17.7B
| $30.6M | 0.01% |
125,539
-7,735
| -6% | -$1.75M |
|
1017
Quest Diagnostics
DGX
$26.2B
| $30.5M | 0.01% |
228,911
-757
| -0.3% | -$98.2K |
|
1018
Invesco Taxable Municipal Bond ETF
BAB
$1.01B
| $30.3M | 0.01% |
1,140,543
+4,650
| +0.4% | +$124K |
|
|
BECN
1019
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $30.2M | 0.01% |
308,484
-457,345
| -60% | -$39.7M |
|
1020
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$19.1B
| $30.2M | 0.01% |
566,632
-20,054
| -3% | -$997K |
|
1021
PUT
Teck Resources
TECK
$32.4B
| $30.2M | 0.01% |
660,000
+355,000
| +116% | +$14.3M |
|
1022
Enpro
NPO
$7.12B
| $30.2M | 0.01% |
179,007
-12,144
| -6% | -$1.88M |
|
1023
Virtus Investment Partners
VRTS
$1.12B
| $30.2M | 0.01% |
121,639
-7,928
| -6% | -$1.88M |
|
1024
Vail Resorts
MTN
$5.29B
| $30.2M | 0.01% |
135,354
+8,215
| +6% | +$1.83M |
|
1025
Janus Henderson AAA CLO ETF
JAAA
$29.8B
| $30.1M | 0.01% |
594,178
-406,809
| -41% | -$20.6M |
|
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.