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 | |
|---|---|---|---|---|---|---|
1526
Choice Hotels
CHH
$4.71B
| $13.2M | ﹤0.01% |
116,922
-13,504
| -10% | -$1.54M |
|
1527
CALL
Verizon
VZ
$200B
| $13.2M | ﹤0.01% |
350,600
+58,300
| +20% | +$2.06M |
|
1528
Essential Utilities
WTRG
$11.3B
| $13.2M | ﹤0.01% |
353,277
-19,426
| -5% | -$678K |
|
1529
Columbus McKinnon
CMCO
$550M
| $13.2M | ﹤0.01% |
337,425
+858
| +0.3% | +$30.1K |
|
1530
First Horizon
FHN
$12.3B
| $13.1M | ﹤0.01% |
928,538
-4,523,862
| -83% | -$54.5M |
|
1531
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.74B
| $13.1M | ﹤0.01% |
428,228
+80,764
| +23% | +$2.36M |
|
1532
CALL
Boeing
BA
$182B
| $13M | ﹤0.01% |
50,000
| – | – |
|
1533
Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
$1.05B
| $13M | ﹤0.01% |
723,318
+197,344
| +38% | +$3.46M |
|
1534
PUT
Honeywell
HON
$74.2B
| $13M | ﹤0.01% |
65,782
| – | – |
|
1535
Xtrackers Russell US Multifactor ETF
DEUS
$307M
| $12.9M | ﹤0.01% |
271,852
+25,782
| +10% | +$1.14M |
|
1536
PUT
Teck Resources
TECK
$31.3B
| $12.9M | ﹤0.01% |
+305,000
| New | +$11.7M |
|
|
BTX
1537
BlackRock Technology and Private Equity Term Trust
BTX
$1.03B
| $12.9M | ﹤0.01% |
1,755,284
+281,469
| +19% | +$1.98M |
|
1538
Clean Harbors
CLH
$16.9B
| $12.8M | ﹤0.01% |
73,638
-38,928
| -35% | -$6.39M |
|
1539
Invesco Semiconductors ETF
PSI
$2.59B
| $12.8M | ﹤0.01% |
259,219
-23,151
| -8% | -$1.01M |
|
1540
PUT
iShares MSCI Japan ETF
EWJ
$23.2B
| $12.8M | ﹤0.01% |
200,000
| – | – |
|
1541
AptarGroup
ATR
$8.43B
| $12.8M | ﹤0.01% |
103,627
+15,103
| +17% | +$1.9M |
|
1542
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.63B
| $12.8M | ﹤0.01% |
141,925
-16,112
| -10% | -$1.35M |
|
1543
Koppers
KOP
$857M
| $12.8M | ﹤0.01% |
249,845
+3,461
| +1% | +$145K |
|
1544
Paylocity
PCTY
$8.1B
| $12.8M | ﹤0.01% |
77,602
+26,004
| +50% | +$4.38M |
|
1545
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $12.8M | ﹤0.01% |
168,498
-4,756
| -3% | -$332K |
|
1546
WisdomTree True Developed International Fund
DOL
$848M
| $12.8M | ﹤0.01% |
259,056
+25,212
| +11% | +$1.17M |
|
1547
Casella Waste Systems
CWST
$5.79B
| $12.8M | ﹤0.01% |
149,271
-3,151
| -2% | -$253K |
|
1548
Invesco S&P 500 High Beta ETF
SPHB
$956M
| $12.7M | ﹤0.01% |
154,558
-42,317
| -21% | -$3.05M |
|
1549
AeroVironment
AVAV
$9.59B
| $12.7M | ﹤0.01% |
100,985
+39,126
| +63% | +$4.79M |
|
|
JNPR
1550
DELISTED
Juniper Networks
JNPR
| $12.7M | ﹤0.01% |
430,445
+135,519
| +46% | +$3.72M |
|
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.