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 | |
|---|---|---|---|---|---|---|
1426
iShares MSCI Australia ETF
EWA
$1.44B
| $14.6M | ﹤0.01% |
592,169
-59,870
| -9% | -$1.43M |
|
1427
CALL
United Parcel Service
UPS
$89.2B
| $14.6M | ﹤0.01% |
98,100
+98,000
| +98,000% | +$14.9M |
|
1428
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$8.31B
| $14.6M | ﹤0.01% |
481,471
+470,554
| +4,310% | +$13.6M |
|
1429
CALL
Carrier Global
CARR
$51.8B
| $14.5M | ﹤0.01% |
+250,000
| New | +$14M |
|
1430
American Airlines Group
AAL
$9.85B
| $14.5M | ﹤0.01% |
944,843
-274,071
| -22% | -$3.98M |
|
|
WCN
1431
CALL
Waste Connections
WCN
$41.8B
| $14.5M | ﹤0.01% |
+84,300
| New | +$13.5M |
|
1432
Clean Harbors
CLH
$17B
| $14.5M | ﹤0.01% |
71,970
-1,668
| -2% | -$300K |
|
1433
Petrobras
PBR
$115B
| $14.4M | ﹤0.01% |
949,683
-505,172
| -35% | -$8.22M |
|
1434
ProShares Russell 2000 Dividend Growers ETF
SMDV
$708M
| $14.4M | ﹤0.01% |
225,030
-17,323
| -7% | -$1.08M |
|
1435
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $14.4M | ﹤0.01% |
175,646
+7,148
| +4% | +$557K |
|
1436
Hercules Capital
HTGC
$3.13B
| $14.4M | ﹤0.01% |
779,780
+51,070
| +7% | +$907K |
|
1437
iShares US Insurance ETF
IAK
$541M
| $14.3M | ﹤0.01% |
122,157
-23,569
| -16% | -$2.57M |
|
1438
Ball Corp
BALL
$16.4B
| $14.3M | ﹤0.01% |
212,520
-93,344
| -31% | -$5.67M |
|
1439
Solventum
SOLV
$15B
| $14.3M | ﹤0.01% |
+205,339
| New | +$15.4M |
|
1440
iShares Investment Grade Systematic Bond ETF
IGEB
$1.51B
| $14.3M | ﹤0.01% |
318,326
+307,118
| +2,740% | +$13.7M |
|
1441
KraneShares CSI China Internet ETF
KWEB
$5.33B
| $14.2M | ﹤0.01% |
541,824
-129,013
| -19% | -$3.25M |
|
1442
Reliance Steel & Aluminium
RS
$21.6B
| $14.2M | ﹤0.01% |
42,554
+9,270
| +28% | +$2.82M |
|
1443
CBIZ
CBZ
$2.96B
| $14.2M | ﹤0.01% |
180,850
-35,633
| -16% | -$2.48M |
|
1444
Essential Utilities
WTRG
$11.4B
| $14.2M | ﹤0.01% |
382,546
+29,269
| +8% | +$1.06M |
|
1445
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $14.2M | ﹤0.01% |
154,000
| – | – |
|
1446
Shake Shack
SHAK
$3.02B
| $14.2M | ﹤0.01% |
136,042
+9,578
| +8% | +$838K |
|
|
ONC
1447
BeOne Medicines Ltd
ONC
$39.2B
| $14.2M | ﹤0.01% |
90,485
+34,233
| +61% | +$5.51M |
|
1448
Invesco Semiconductors ETF
PSI
$2.58B
| $14.1M | ﹤0.01% |
250,693
-8,526
| -3% | -$443K |
|
1449
Comfort Systems
FIX
$63B
| $14.1M | ﹤0.01% |
44,411
-4,550
| -9% | -$1.16M |
|
1450
Brunswick
BC
$5.28B
| $14.1M | ﹤0.01% |
146,142
+4,771
| +3% | +$419K |
|
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.