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 | |
|---|---|---|---|---|---|---|
1051
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.75B
| $29.2M | 0.01% |
400,117
+3,898
| +1% | +$279K |
|
1052
Textron
TXT
$15.3B
| $29.2M | 0.01% |
304,312
+99,189
| +48% | +$8.59M |
|
1053
Schwab US Large- Cap ETF
SCHX
$75B
| $29.2M | 0.01% |
1,410,447
+120,417
| +9% | +$2.37M |
|
|
VPU
1054
Vanguard Utilities ETF
VPU
$8.52B
| $29.1M | 0.01% |
203,762
+99,107
| +95% | +$13.4M |
|
1055
iShare MSCI Eurozone ETF
EZU
$9.96B
| $29M | 0.01% |
568,897
-37,571
| -6% | -$1.81M |
|
1056
FirstCash
FCFS
$9.28B
| $29M | 0.01% |
227,662
-21,157
| -9% | -$2.45M |
|
1057
CALL
Delta Air Lines
DAL
$59.1B
| $28.8M | 0.01% |
+602,000
| New | +$24.9M |
|
|
BSCP
1058
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $28.8M | 0.01% |
1,409,871
+234,841
| +20% | +$4.8M |
|
1059
CALL
Rogers Communications
RCI
$19.4B
| $28.8M | 0.01% |
701,500
-463,700
| -40% | -$21M |
|
1060
iShares Russell 3000 ETF
IWV
$20.6B
| $28.7M | 0.01% |
95,609
-17,591
| -16% | -$5.02M |
|
1061
Snap-on
SNA
$21.1B
| $28.7M | 0.01% |
96,733
-15,551
| -14% | -$4.41M |
|
1062
EQT Corp
EQT
$33.8B
| $28.7M | 0.01% |
772,831
-226,639
| -23% | -$8.12M |
|
1063
CALL
IBM
IBM
$223B
| $28.6M | 0.01% |
150,000
+100,000
| +200% | +$18.2M |
|
1064
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $28.6M | 0.01% |
403,352
-207,955
| -34% | -$14.5M |
|
|
P
1065
Everpure Inc
P
$37B
| $28.6M | 0.01% |
549,712
+110,997
| +25% | +$4.96M |
|
1066
Mid-America Apartment Communities
MAA
$15.4B
| $28.6M | 0.01% |
217,012
-161,070
| -43% | -$20.9M |
|
1067
CALL
Telus
TU
$15B
| $28.5M | 0.01% |
1,780,000
+430,000
| +32% | +$7.52M |
|
1068
CALL
Airbnb
ABNB
$111B
| $28.5M | 0.01% |
172,500
-76,800
| -31% | -$11.6M |
|
1069
CALL
Entegris
ENTG
$24.6B
| $28.4M | 0.01% |
202,000
+200,000
| +10,000% | +$25.6M |
|
1070
Toyota
TM
$223B
| $28.3M | 0.01% |
112,502
+15,004
| +15% | +$3.32M |
|
1071
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.82B
| $28.2M | 0.01% |
358,797
+11,150
| +3% | +$824K |
|
1072
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.38B
| $28.1M | 0.01% |
571,653
-33,443
| -6% | -$1.64M |
|
1073
Badger Meter
BMI
$3.91B
| $28.1M | 0.01% |
173,602
-27,068
| -13% | -$4.16M |
|
1074
JPMorgan BetaBuilders Japan ETF
BBJP
$19.2B
| $28.1M | 0.01% |
479,755
-53,237
| -10% | -$2.96M |
|
1075
Eldorado Gold
EGO
$10.4B
| $28M | 0.01% |
1,992,778
-34,662
| -2% | -$421K |
|
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.