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 | |
|---|---|---|---|---|---|---|
1101
Allegion
ALLE
$14.2B
| $37.7M | 0.01% |
261,915
+54,717
| +26% | +$7.48M |
|
1102
CALL
Gilead Sciences
GILD
$171B
| $37.7M | 0.01% |
340,000
+165,000
| +94% | +$17.6M |
|
1103
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $37.6M | 0.01% |
453,402
+61,986
| +16% | +$4.95M |
|
1104
Toast
TOST
$20.4B
| $37.5M | 0.01% |
847,641
+229,185
| +37% | +$9.01M |
|
1105
JPMorgan Active Value ETF
JAVA
$7.2B
| $37.5M | 0.01% |
572,371
+24,131
| +4% | +$1.51M |
|
1106
McCormick & Company Non-Voting
MKC
$14.6B
| $37.4M | 0.01% |
493,317
-102,896
| -17% | -$7.71M |
|
1107
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$590M
| $37.4M | 0.01% |
830,559
-73,705
| -8% | -$3.06M |
|
1108
Equifax
EFX
$21.8B
| $37.3M | 0.01% |
143,885
-16,439
| -10% | -$4.18M |
|
|
FYBR
1109
DELISTED
Frontier Communications
FYBR
| $37.1M | 0.01% |
1,020,275
+985,025
| +2,794% | +$35.7M |
|
1110
US Foods
USFD
$23.8B
| $37.1M | 0.01% |
481,799
+333,287
| +224% | +$23.8M |
|
1111
CALL
Cadence Design Systems
CDNS
$89.2B
| $37M | 0.01% |
+120,000
| New | +$34.9M |
|
1112
Mirion Technologies
MIR
$3.88B
| $36.9M | 0.01% |
1,714,821
+1,615,993
| +1,635% | +$27.9M |
|
1113
Joby Aviation
JOBY
$8.17B
| $36.8M | 0.01% |
3,492,615
+3,407,545
| +4,006% | +$24.7M |
|
1114
First Trust Limited Duration Investment Grade Corporate ETF
FSIG
$1.52B
| $36.8M | 0.01% |
1,923,182
-10,262
| -0.5% | -$195K |
|
1115
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.87B
| $36.7M | 0.01% |
1,511,525
+33,173
| +2% | +$800K |
|
1116
CALL
Home Depot
HD
$341B
| $36.7M | 0.01% |
100,000
+55,000
| +122% | +$19.9M |
|
1117
Toll Brothers
TOL
$14B
| $36.6M | 0.01% |
321,055
+137,120
| +75% | +$14.2M |
|
1118
Equinox Gold
EQX
$13.1B
| $36.6M | 0.01% |
6,369,688
+5,811,083
| +1,040% | +$37.7M |
|
1119
Bio-Rad Laboratories Class A
BIO
$9.66B
| $36.6M | 0.01% |
151,558
+121,248
| +400% | +$28.7M |
|
1120
AAR Corp
AIR
$5.77B
| $36.5M | 0.01% |
531,332
+13,271
| +3% | +$796K |
|
1121
Calamos Strategic Total Return Fund
CSQ
$3.37B
| $36.5M | 0.01% |
2,000,211
+46,179
| +2% | +$765K |
|
1122
First Horizon
FHN
$12.3B
| $36.5M | 0.01% |
1,720,743
+175,579
| +11% | +$3.35M |
|
1123
Novanta
NOVT
$6.33B
| $36.4M | 0.01% |
282,505
+16,318
| +6% | +$1.99M |
|
1124
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $36.4M | 0.01% |
324,988
-433,722
| -57% | -$45.8M |
|
1125
Vanguard ESG International Stock ETF
VSGX
$6.83B
| $36.4M | 0.01% |
555,459
+26,076
| +5% | +$1.61M |
|
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.