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 | |
|---|---|---|---|---|---|---|
1251
CALL
Western Digital
WDC
$168B
| $19.8M | ﹤0.01% |
+383,670
| New | +$16.8M |
|
1252
Elastic
ESTC
$8.94B
| $19.8M | ﹤0.01% |
197,042
+132,945
| +207% | +$15.3M |
|
1253
Bright Horizons
BFAM
$3.76B
| $19.7M | ﹤0.01% |
174,123
+5,222
| +3% | +$551K |
|
|
TMHC
1254
DELISTED
Taylor Morrison
TMHC
| $19.7M | ﹤0.01% |
317,488
-21,184
| -6% | -$1.17M |
|
1255
iShares MSCI ACWI ex US ETF
ACWX
$12B
| $19.7M | ﹤0.01% |
369,437
-251,305
| -40% | -$12.9M |
|
1256
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $19.7M | ﹤0.01% |
61,947
-22,409
| -27% | -$6.84M |
|
1257
Americold
COLD
$4.32B
| $19.6M | ﹤0.01% |
786,040
+217,416
| +38% | +$5.94M |
|
1258
iShares California Muni Bond ETF
CMF
$4.63B
| $19.6M | ﹤0.01% |
339,773
+11,853
| +4% | +$684K |
|
1259
Pacer Trendpilot 100 ETF
PTNQ
$1.27B
| $19.5M | ﹤0.01% |
283,695
-15,159
| -5% | -$1.02M |
|
1260
Charter Communications
CHTR
$18.7B
| $19.4M | ﹤0.01% |
66,916
-63,765
| -49% | -$20.5M |
|
1261
KB Financial Group
KB
$41.4B
| $19.4M | ﹤0.01% |
373,407
-6,287
| -2% | -$297K |
|
1262
Tyler Technologies
TYL
$13.5B
| $19.4M | ﹤0.01% |
45,737
-12,295
| -21% | -$5.25M |
|
1263
Dropbox
DBX
$7.31B
| $19.4M | ﹤0.01% |
799,720
-366,442
| -31% | -$10.3M |
|
|
BSCO
1264
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $19.4M | ﹤0.01% |
925,795
+64,063
| +7% | +$1.34M |
|
1265
CenterPoint Energy
CNP
$26.7B
| $19.4M | ﹤0.01% |
679,521
-61,416
| -8% | -$1.72M |
|
1266
Integra LifeSciences
IART
$1.42B
| $19.4M | ﹤0.01% |
546,070
-842
| -0.2% | -$33.7K |
|
|
NAPA
1267
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $19.3M | ﹤0.01% |
2,074,581
+432,255
| +26% | +$3.96M |
|
1268
Tapestry
TPR
$25.9B
| $19.3M | ﹤0.01% |
406,516
-7,781
| -2% | -$334K |
|
1269
Guidewire Software
GWRE
$15.2B
| $19.3M | ﹤0.01% |
165,374
-2,987
| -2% | -$341K |
|
1270
Pricesmart
PSMT
$5.49B
| $19.3M | ﹤0.01% |
229,653
-4,461
| -2% | -$354K |
|
1271
Burlington
BURL
$22.4B
| $19.2M | ﹤0.01% |
82,738
+51,952
| +169% | +$10.6M |
|
1272
iShares US Financials ETF
IYF
$4.44B
| $19.2M | ﹤0.01% |
200,806
-3,926
| -2% | -$350K |
|
1273
CALL
Home Depot
HD
$341B
| $19.2M | ﹤0.01% |
+50,000
| New | +$18.3M |
|
1274
Brown-Forman Class B
BF.B
$12.8B
| $19.2M | ﹤0.01% |
371,444
-85,147
| -19% | -$4.74M |
|
1275
Neurocrine Biosciences
NBIX
$15.3B
| $19.2M | ﹤0.01% |
138,974
+16,427
| +13% | +$2.24M |
|
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.