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 | |
|---|---|---|---|---|---|---|
126
Stryker
SYK
$133B
| $656M | 0.15% |
1,833,085
+9,735
| +0.5% | +$3.28M |
|
127
Vanguard Morningstar Growth ETF
VUG
$229B
| $655M | 0.15% |
11,424,444
-112,530
| -1% | -$6.19M |
|
128
Amphenol
APH
$210B
| $654M | 0.15% |
11,342,718
+480,770
| +4% | +$25.2M |
|
129
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $646M | 0.15% |
2,486,522
+68,448
| +3% | +$16.9M |
|
130
Caterpillar
CAT
$393B
| $636M | 0.15% |
1,735,979
-499,078
| -22% | -$160M |
|
131
Vertex Pharmaceuticals
VRTX
$133B
| $632M | 0.14% |
1,511,204
+56,732
| +4% | +$24M |
|
132
Tesla
TSLA
$1.29T
| $630M | 0.14% |
3,583,174
-1,637,587
| -31% | -$320M |
|
133
S&P Global
SPGI
$121B
| $628M | 0.14% |
1,476,772
+83,683
| +6% | +$36.3M |
|
134
Truist Financial
TFC
$64.3B
| $626M | 0.14% |
16,064,526
+354,476
| +2% | +$13M |
|
135
Fomento Económico Mexicano
FMX
$40B
| $623M | 0.14% |
4,783,671
-58,044
| -1% | -$7.58M |
|
136
Imperial Oil
IMO
$63.1B
| $616M | 0.14% |
8,917,358
-524,534
| -6% | -$32M |
|
137
American Electric Power
AEP
$67.9B
| $611M | 0.14% |
7,099,647
-73,434
| -1% | -$5.97M |
|
138
Prologis
PLD
$134B
| $605M | 0.14% |
4,643,477
-522,888
| -10% | -$68.3M |
|
139
EOG Resources
EOG
$75.1B
| $602M | 0.14% |
4,706,844
-3,834,988
| -45% | -$448M |
|
140
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $600M | 0.14% |
5,757,892
-564,650
| -9% | -$57.1M |
|
141
Parker-Hannifin
PH
$135B
| $592M | 0.14% |
1,065,914
+52,599
| +5% | +$26.7M |
|
142
Applied Materials
AMAT
$435B
| $592M | 0.14% |
2,870,100
-451,340
| -14% | -$82.8M |
|
143
PNC Financial Services
PNC
$102B
| $583M | 0.13% |
3,608,004
-43,905
| -1% | -$6.62M |
|
144
Valero Energy
VLO
$95.1B
| $580M | 0.13% |
3,399,860
+2,099,823
| +162% | +$301M |
|
145
iShares Core MSCI EAFE ETF
IEFA
$196B
| $574M | 0.13% |
7,738,651
+362,888
| +5% | +$25.8M |
|
|
SCHR
146
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $570M | 0.13% |
23,258,958
+2,624,590
| +13% | +$64.5M |
|
147
iShares Russell 1000 Growth ETF
IWF
$128B
| $563M | 0.13% |
6,682,876
-706,580
| -10% | -$56.9M |
|
148
iShares MSCI EAFE ETF
EFA
$80.2B
| $556M | 0.13% |
6,967,333
-110,753
| -2% | -$8.47M |
|
149
Nike
NKE
$60.1B
| $555M | 0.13% |
5,904,616
-698,889
| -11% | -$71.1M |
|
150
Trane Technologies
TT
$105B
| $552M | 0.13% |
1,837,737
+136,503
| +8% | +$37.1M |
|
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.