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 |
Vanguard S&P 500 ETF
VOO
|
+$11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$5.3B |
| 3 |
Apple
AAPL
|
+$2B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.88B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.47B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.03B |
| 2 |
Bank of Montreal
BMO
|
+$1.95B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.87B |
| 4 |
TC Energy
TRP
|
+$1.8B |
| 5 |
Scotiabank
BNS
|
+$1.21B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.7% |
| 2 | Financials | 17.47% |
| 3 | Industrials | 6.5% |
| 4 | Communication Services | 6.43% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
iShares MSCI Germany ETF
EWG
$1.67B
| $30.6M | 0.01% |
719,576
-481,913
| -40% | -$19.9M |
|
1202
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.35B
| $30.5M | 0.01% |
275,129
+8,232
| +3% | +$916K |
|
|
MICC
1203
The Magnum Ice Cream Company N.V.
MICC
$12.3B
| $30.5M | 0.01% |
+1,925,281
| New | +$30.2M |
|
1204
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $30.5M | 0.01% |
77,392
+3,790
| +5% | +$1.48M |
|
1205
UL Solutions
ULS
$15.5B
| $30.5M | 0.01% |
386,323
-86,602
| -18% | -$6.95M |
|
1206
CALL
Cencora
COR
$59.2B
| $30.4M | ﹤0.01% |
90,000
-10,000
| -10% | -$3.41M |
|
1207
Janus Henderson Short Duration Income ETF
VNLA
$3.36B
| $30.4M | ﹤0.01% |
618,297
+23,451
| +4% | +$1.15M |
|
|
PDO
1208
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $30.4M | ﹤0.01% |
2,194,483
+763,471
| +53% | +$10.6M |
|
1209
Viatris
VTRS
$18.5B
| $30.3M | ﹤0.01% |
2,430,110
-710,883
| -23% | -$7.67M |
|
1210
PUT
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $30.2M | ﹤0.01% |
210,000
-70,800
| -25% | -$10.2M |
|
1211
Enpro
NPO
$7.12B
| $30.2M | ﹤0.01% |
140,922
-6,954
| -5% | -$1.54M |
|
1212
CALL
Truist Financial
TFC
$64.7B
| $30.1M | ﹤0.01% |
612,600
-7,000
| -1% | -$322K |
|
1213
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.15B
| $30.1M | ﹤0.01% |
591,728
+129,076
| +28% | +$6.58M |
|
1214
JPMorgan Core Plus Bond ETF
JCPB
$14.2B
| $30.1M | ﹤0.01% |
635,632
+158,202
| +33% | +$7.53M |
|
1215
Old Republic International
ORI
$10.3B
| $30.1M | ﹤0.01% |
659,154
-120,598
| -15% | -$5.23M |
|
1216
PUT
Dell
DELL
$320B
| $30M | ﹤0.01% |
238,600
-1,000
| -0.4% | -$141K |
|
1217
argenx
ARGX
$54.8B
| $30M | ﹤0.01% |
35,660
-11,404
| -24% | -$9.76M |
|
1218
Annaly Capital Management
NLY
$17.6B
| $30M | ﹤0.01% |
1,340,227
-921,123
| -41% | -$20.1M |
|
1219
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $29.9M | ﹤0.01% |
300,943
+46,060
| +18% | +$4.58M |
|
1220
JPMorgan US Tech Leaders ETF
JTEK
$4.61B
| $29.9M | ﹤0.01% |
332,503
+224,634
| +208% | +$20.6M |
|
1221
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.64B
| $29.8M | ﹤0.01% |
711,136
+54,832
| +8% | +$2.29M |
|
1222
BNY Mellon Global Infrastructure Income ETF
BKGI
$1.31B
| $29.7M | ﹤0.01% |
736,563
+706,846
| +2,379% | +$28.2M |
|
1223
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.95B
| $29.6M | ﹤0.01% |
1,148,498
-12,386
| -1% | -$321K |
|
1224
Alliant Energy
LNT
$18.2B
| $29.6M | ﹤0.01% |
454,861
-56,604
| -11% | -$3.79M |
|
1225
WisdomTree US MidCap Dividend Fund
DON
$4.11B
| $29.5M | ﹤0.01% |
571,657
-27,058
| -5% | -$1.39M |
|
Similar funds
Royal Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, Royal Bank of Canada held 7,850 positions worth $615B, up 0.73% from $610B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Royal Bank of Canada's Q4 2025 filing shows 563 new, 2,770 increased, 3,618 reduced and 430 closed positions. Its largest new stake was Boyd Group Services: 1,282,335 shares worth $204M. The largest sale was Amazon, an estimated $2.03B.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Royal Bank of Canada's largest Q4 2025 buy was Boyd Group Services: 1,282,335 shares worth $204M.
- Royal Bank of Canada added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $11B increase.
- Royal Bank of Canada's biggest Q4 2025 reduction was Amazon, cutting an estimated $2.03B.
- Royal Bank of Canada fully exited Interpublic Group of Companies in Q4 2025, selling an estimated $140M.
- Royal Bank of Canada's ten largest holdings make up 24% of its $615B portfolio in Q4 2025.
- Royal Bank of Canada opened 563 new positions and closed 430 in Q4 2025.
- Royal Bank of Canada's portfolio value rose 0.73% quarter-over-quarter to $615B.
Based on Royal Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.