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 | |
|---|---|---|---|---|---|---|
1301
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.38B
| $19.4M | ﹤0.01% |
204,283
+35,574
| +21% | +$3.34M |
|
1302
Dorman Products
DORM
$3.95B
| $19.2M | ﹤0.01% |
229,777
-21,968
| -9% | -$1.64M |
|
1303
CALL
GE Aerospace
GE
$374B
| $19.1M | ﹤0.01% |
187,950
+62,650
| +50% | +$5.8M |
|
1304
CALL
Adobe
ADBE
$108B
| $19.1M | ﹤0.01% |
32,000
+20,000
| +167% | +$11.5M |
|
1305
PUT
American Airlines Group
AAL
$9.97B
| $19M | ﹤0.01% |
1,386,300
+936,300
| +208% | +$11.8M |
|
1306
Evergy
EVRG
$19.3B
| $19M | ﹤0.01% |
364,771
+17,508
| +5% | +$881K |
|
1307
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7B
| $19M | ﹤0.01% |
464,565
+139,858
| +43% | +$5.57M |
|
1308
iShares California Muni Bond ETF
CMF
$4.63B
| $19M | ﹤0.01% |
327,920
+252,547
| +335% | +$14.1M |
|
1309
AMN Healthcare
AMN
$1.34B
| $19M | ﹤0.01% |
253,518
+5,996
| +2% | +$429K |
|
1310
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $19M | ﹤0.01% |
267,528
-26,416
| -9% | -$1.75M |
|
1311
Celestica
CLS
$43.8B
| $18.9M | ﹤0.01% |
645,177
+53,951
| +9% | +$1.44M |
|
1312
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $18.9M | ﹤0.01% |
440,546
+42,467
| +11% | +$1.72M |
|
1313
ONE Gas
OGS
$5.09B
| $18.8M | ﹤0.01% |
295,832
-88,657
| -23% | -$5.6M |
|
1314
PUT
Arista Networks
ANET
$257B
| $18.8M | ﹤0.01% |
+320,000
| New | +$16.8M |
|
1315
CALL
Advanced Micro Devices
AMD
$789B
| $18.8M | ﹤0.01% |
+127,600
| New | +$15M |
|
1316
PUT
Micron Technology
MU
$1.07T
| $18.8M | ﹤0.01% |
+220,000
| New | +$16.3M |
|
1317
Twilio
TWLO
$38.3B
| $18.7M | ﹤0.01% |
247,109
+51,793
| +27% | +$3.23M |
|
|
AL
1318
DELISTED
Air Lease Corp
AL
| $18.6M | ﹤0.01% |
443,071
+34,313
| +8% | +$1.3M |
|
1319
Zurn Elkay Water Solutions
ZWS
$8.41B
| $18.5M | ﹤0.01% |
629,037
+569,381
| +954% | +$16.1M |
|
1320
Halozyme
HALO
$11.4B
| $18.5M | ﹤0.01% |
499,701
+17,455
| +4% | +$657K |
|
1321
PUT
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $18.5M | ﹤0.01% |
401,300
| – | – |
|
1322
Pentair
PNR
$10.7B
| $18.4M | ﹤0.01% |
253,328
+74,209
| +41% | +$4.79M |
|
1323
Zillow
Z
$8.08B
| $18.4M | ﹤0.01% |
318,259
+288,921
| +985% | +$12.7M |
|
1324
Napco Security Technologies
NSSC
$1.37B
| $18.4M | ﹤0.01% |
536,276
+24,829
| +5% | +$659K |
|
1325
Guidewire Software
GWRE
$15.2B
| $18.4M | ﹤0.01% |
168,361
+7,023
| +4% | +$670K |
|
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.