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 | |
|---|---|---|---|---|---|---|
1201
CALL
Morgan Stanley
MS
$343B
| $23.3M | 0.01% |
+249,900
| New | +$20M |
|
|
NVEI
1202
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $23.3M | 0.01% |
886,757
-175,566
| -17% | -$3.37M |
|
1203
Petrobras
PBR
$115B
| $23.2M | 0.01% |
1,454,855
+1,121,300
| +336% | +$17.2M |
|
1204
United Airlines
UAL
$41B
| $23.2M | 0.01% |
563,099
+71,673
| +15% | +$2.82M |
|
1205
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $23.2M | 0.01% |
75,000
| – | – |
|
1206
Federal Realty Investment Trust
FRT
$10.3B
| $23.2M | 0.01% |
224,840
+109,858
| +96% | +$10.4M |
|
1207
PIMCO Dynamic Income Fund
PDI
$7.33B
| $23.2M | 0.01% |
1,290,752
-84,010
| -6% | -$1.44M |
|
1208
VF Corp
VFC
$5.79B
| $23.2M | 0.01% |
1,232,011
-79,013
| -6% | -$1.36M |
|
|
FLG
1209
Flagstar Bank National Association
FLG
$5.92B
| $23.1M | 0.01% |
754,245
+542,977
| +257% | +$16.3M |
|
1210
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
| $23.1M | 0.01% |
136,510
+4,941
| +4% | +$786K |
|
1211
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $23.1M | 0.01% |
795,046
+302,775
| +62% | +$8.06M |
|
1212
Avantis Emerging Markets Equity ETF
AVEM
$27B
| $23M | 0.01% |
407,817
+35,231
| +9% | +$1.9M |
|
1213
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $22.9M | 0.01% |
604,804
-185,984
| -24% | -$6.56M |
|
1214
Darling Ingredients
DAR
$10.4B
| $22.9M | 0.01% |
458,842
+217,563
| +90% | +$9.88M |
|
1215
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$430M
| $22.8M | 0.01% |
376,494
-101,168
| -21% | -$5.91M |
|
1216
Northern Trust
NTRS
$34.8B
| $22.8M | 0.01% |
270,664
+47,142
| +21% | +$3.49M |
|
1217
Celanese
CE
$4.86B
| $22.8M | 0.01% |
146,472
+43,919
| +43% | +$5.73M |
|
1218
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.25B
| $22.7M | 0.01% |
356,225
+50,939
| +17% | +$3.07M |
|
1219
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.68B
| $22.7M | 0.01% |
566,528
+18,307
| +3% | +$657K |
|
1220
Group 1 Automotive
GPI
$3.14B
| $22.6M | 0.01% |
74,258
+8,184
| +12% | +$2.23M |
|
1221
WisdomTree Japan Hedged Equity Fund
DXJ
$7.55B
| $22.6M | 0.01% |
257,149
+39,292
| +18% | +$3.47M |
|
1222
CALL
Agnico Eagle Mines
AEM
$91.3B
| $22.5M | 0.01% |
411,000
+310,500
| +309% | +$15.5M |
|
1223
Omnicell
OMCL
$1.72B
| $22.5M | 0.01% |
597,686
+64,965
| +12% | +$2.39M |
|
|
B
1224
CALL
Barrick Mining
B
$67.3B
| $22.5M | 0.01% |
1,243,000
+323,000
| +35% | +$5.3M |
|
1225
Nuveen ESG Mid-Cap Growth ETF
NUMG
$376M
| $22.5M | 0.01% |
531,010
+17,406
| +3% | +$661K |
|
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.