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 | |
|---|---|---|---|---|---|---|
|
CDMO
1326
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $17.6M | ﹤0.01% |
2,628,508
+147,293
| +6% | +$1.01M |
|
|
THQ
1327
abrdn Healthcare Opportunities Fund
THQ
$810M
| $17.6M | ﹤0.01% |
875,050
+47,298
| +6% | +$909K |
|
1328
Rapid7
RPD
$878M
| $17.6M | ﹤0.01% |
358,253
-666
| -0.2% | -$36.5K |
|
1329
Graco
GGG
$13.2B
| $17.6M | ﹤0.01% |
187,876
-23,434
| -11% | -$2.07M |
|
1330
iShares China Large-Cap ETF
FXI
$4.17B
| $17.5M | ﹤0.01% |
726,749
-160,771
| -18% | -$3.71M |
|
1331
CALL
PayPal
PYPL
$51.2B
| $17.5M | ﹤0.01% |
261,000
-9,000
| -3% | -$552K |
|
1332
Graphic Packaging
GPK
$3.39B
| $17.5M | ﹤0.01% |
598,389
+57,417
| +11% | +$1.5M |
|
1333
Lazard
LAZ
$4.4B
| $17.4M | ﹤0.01% |
416,390
+288,275
| +225% | +$11.2M |
|
1334
Old Republic International
ORI
$10.3B
| $17.3M | ﹤0.01% |
564,634
+156,949
| +38% | +$4.56M |
|
1335
Barrett Business Services
BBSI
$784M
| $17.3M | ﹤0.01% |
546,108
+32,496
| +6% | +$943K |
|
1336
iShares Morningstar Value ETF
ILCV
$1.36B
| $17.3M | ﹤0.01% |
224,557
-5,658
| -2% | -$412K |
|
1337
CALL
Deere & Co
DE
$165B
| $17.3M | ﹤0.01% |
42,000
-25,000
| -37% | -$9.58M |
|
1338
iShares Global REIT ETF
REET
$5.09B
| $17.2M | ﹤0.01% |
727,172
+33,770
| +5% | +$790K |
|
1339
Royce Value Trust
RVT
$2.33B
| $17.2M | ﹤0.01% |
1,135,039
+14,829
| +1% | +$214K |
|
1340
Western Alliance Bancorporation
WAL
$8.98B
| $17.2M | ﹤0.01% |
268,200
-90,362
| -25% | -$5.55M |
|
1341
SS&C Technologies
SSNC
$19B
| $17.2M | ﹤0.01% |
267,183
+2,335
| +0.9% | +$145K |
|
1342
Invesco Senior Loan ETF
BKLN
$6.76B
| $17.2M | ﹤0.01% |
812,278
-361,633
| -31% | -$7.64M |
|
1343
EPAM Systems
EPAM
$5.21B
| $17.1M | ﹤0.01% |
62,062
-157,938
| -72% | -$46.5M |
|
1344
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $17M | ﹤0.01% |
179,600
-13,000
| -7% | -$1.21M |
|
1345
PUT
Fortis
FTS
$28.9B
| $17M | ﹤0.01% |
430,000
+428,000
| +21,400% | +$17M |
|
1346
PUT
Suncor Energy
SU
$77.7B
| $17M | ﹤0.01% |
460,000
-1,395,000
| -75% | -$46.9M |
|
|
MAG
1347
DELISTED
MAG Silver
MAG
| $17M | ﹤0.01% |
1,603,411
+28,988
| +2% | +$266K |
|
1348
DNP Select Income Fund
DNP
$4.13B
| $16.9M | ﹤0.01% |
1,867,719
+97,132
| +5% | +$858K |
|
|
1349
CALL
Fortis
FTS
$28.9B
| $16.9M | ﹤0.01% |
428,000
+217,000
| +103% | +$8.64M |
|
1350
Norwegian Cruise Line
NCLH
$8.77B
| $16.9M | ﹤0.01% |
807,337
-61,439
| -7% | -$1.12M |
|
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.