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 |
TC Energy
TRP
|
+$1.77B |
| 2 |
Chevron
CVX
|
+$1.56B |
| 3 |
EMA
Emera Inc
EMA
|
+$942M |
| 4 |
Enbridge
ENB
|
+$863M |
| 5 |
Bank of Montreal
BMO
|
+$796M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$893M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$826M |
| 3 |
Toronto Dominion Bank
TD
|
+$803M |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$594M |
| 5 |
Apple
AAPL
|
+$534M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.98% |
| 2 | Technology | 17.37% |
| 3 | Industrials | 7.41% |
| 4 | Consumer Discretionary | 6.78% |
| 5 | Energy | 6.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Vanguard FTSE Pacific ETF
VPL
$8.65B
| $42.7M | 0.01% |
520,020
-104,916
| -17% | -$8.01M |
|
1027
ProShares S&P 500 High Income ETF
ISPY
$1.27B
| $42.6M | 0.01% |
1,004,697
+108,964
| +12% | +$4.36M |
|
|
MAG
1028
DELISTED
MAG Silver
MAG
| $42.6M | 0.01% |
2,015,863
+355,280
| +21% | +$6.31M |
|
|
BWIN
1029
Baldwin Insurance Group
BWIN
$2.99B
| $42.5M | 0.01% |
992,997
+169,126
| +21% | +$6.86M |
|
1030
CALL
Goldman Sachs
GS
$304B
| $42.5M | 0.01% |
60,000
+55,100
| +1,124% | +$31.9M |
|
1031
Pacer Global Cash Cows Dividend ETF
GCOW
$3.48B
| $42.3M | 0.01% |
1,114,893
+220,118
| +25% | +$8.11M |
|
1032
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $42.3M | 0.01% |
708,409
+253,089
| +56% | +$14.5M |
|
1033
Nu Holdings
NU
$67.3B
| $42.2M | 0.01% |
3,078,283
+644,208
| +26% | +$7.71M |
|
1034
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$412M
| $42.2M | 0.01% |
1,247,530
+83,885
| +7% | +$2.72M |
|
1035
iShares US Medical Devices ETF
IHI
$3.48B
| $42.2M | 0.01% |
673,075
-25,887
| -4% | -$1.56M |
|
1036
Global X Defense Tech ETF
SHLD
$7.76B
| $42.1M | 0.01% |
699,226
+187,090
| +37% | +$10.1M |
|
1037
Essex Property Trust
ESS
$18.5B
| $42M | 0.01% |
148,323
-20,721
| -12% | -$5.82M |
|
1038
iShares MSCI Germany ETF
EWG
$1.67B
| $41.9M | 0.01% |
991,053
+583,694
| +143% | +$23.3M |
|
1039
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.88B
| $41.9M | 0.01% |
307,005
-20,805
| -6% | -$2.62M |
|
1040
Casella Waste Systems
CWST
$5.79B
| $41.8M | 0.01% |
362,383
+239,465
| +195% | +$27.7M |
|
1041
iShares Core International Aggregate Bond Fund
IAGG
$11.4B
| $41.8M | 0.01% |
817,385
+247,325
| +43% | +$12.5M |
|
1042
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $41.6M | 0.01% |
195,632
-61,752
| -24% | -$11.6M |
|
1043
Installed Building Products
IBP
$6.54B
| $41.5M | 0.01% |
230,375
+69,027
| +43% | +$11.5M |
|
1044
Varonis Systems
VRNS
$5.26B
| $41.5M | 0.01% |
817,918
+458,499
| +128% | +$20.8M |
|
1045
MPLX
MPLX
$59.6B
| $41.4M | 0.01% |
804,185
+22,756
| +3% | +$1.16M |
|
1046
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$19.1B
| $41.3M | 0.01% |
759,881
+28,364
| +4% | +$1.46M |
|
1047
Revvity
RVTY
$13.1B
| $41.3M | 0.01% |
426,752
+154,745
| +57% | +$14.6M |
|
1048
Nuveen ESG Small-Cap ETF
NUSC
$1.35B
| $41.3M | 0.01% |
1,012,922
+21,996
| +2% | +$848K |
|
1049
Mercury Systems
MRCY
$6.59B
| $41.3M | 0.01% |
766,098
+3,692
| +0.5% | +$180K |
|
1050
CALL
Citigroup
C
$233B
| $41.2M | 0.01% |
484,600
-202,700
| -29% | -$14.7M |
|
Similar funds
Royal Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, Royal Bank of Canada held 7,516 positions worth $555B, up 16% from $479B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $28.4B of net new capital in Q2 2025, opening 524 new positions and adding to 3,973 existing holdings. Its largest new stake was Emera Inc: 20,985,495 shares worth $962M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Canadian Natural Resources, an estimated $893M trimmed.
- Royal Bank of Canada's largest Q2 2025 buy was Emera Inc: 20,985,495 shares worth $962M.
- Royal Bank of Canada added most to TC Energy in Q2 2025, an estimated $1.77B increase.
- Royal Bank of Canada's biggest Q2 2025 reduction was Canadian Natural Resources, cutting an estimated $893M.
- Royal Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $84.6M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $555B portfolio in Q2 2025.
- Royal Bank of Canada opened 524 new positions and closed 342 in Q2 2025.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $555B.
Based on Royal Bank of Canada's 13F filing for Q2 2025, filed 14 Aug 2025.