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 | |
|---|---|---|---|---|---|---|
1626
Sea Limited
SE
$74.7B
| $10.6M | ﹤0.01% |
196,704
-539,967
| -73% | -$24.8M |
|
1627
CALL
AT&T
T
$171B
| $10.6M | ﹤0.01% |
600,000
| – | – |
|
1628
abrdn Physical Gold Shares ETF
SGOL
$7.47B
| $10.6M | ﹤0.01% |
496,734
-5,375
| -1% | -$106K |
|
1629
The Ensign Group
ENSG
$10.6B
| $10.5M | ﹤0.01% |
84,782
-13,461
| -14% | -$1.61M |
|
1630
Construction Partners
ROAD
$6.9B
| $10.5M | ﹤0.01% |
187,838
-32,071
| -15% | -$1.52M |
|
1631
TKO Group
TKO
$14.7B
| $10.5M | ﹤0.01% |
122,056
+10,944
| +10% | +$911K |
|
1632
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.79B
| $10.5M | ﹤0.01% |
302,122
+12,195
| +4% | +$402K |
|
1633
Allison Transmission
ALSN
$10.4B
| $10.5M | ﹤0.01% |
129,462
-1,849
| -1% | -$125K |
|
1634
Invesco S&P MidCap 400 Pure Value ETF
RFV
$343M
| $10.5M | ﹤0.01% |
88,010
-26,743
| -23% | -$3.02M |
|
1635
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $10.5M | ﹤0.01% |
196,368
+68,165
| +53% | +$3.39M |
|
1636
PUT
Trade Desk
TTD
$6.64B
| $10.5M | ﹤0.01% |
120,000
+80,000
| +200% | +$6.06M |
|
|
TBLD
1637
Thornburg Income Builder Opportunities Trust
TBLD
$720M
| $10.5M | ﹤0.01% |
648,676
+70,560
| +12% | +$1.11M |
|
|
PR
1638
Permian Resources
PR
$18B
| $10.5M | ﹤0.01% |
593,595
-71,162
| -11% | -$1.04M |
|
1639
Global X Russell 2000 Covered Call ETF
RYLD
$1.39B
| $10.5M | ﹤0.01% |
618,537
-298,834
| -33% | -$4.94M |
|
|
FAX
1640
abrdn Asia-Pacific Income Fund
FAX
$599M
| $10.4M | ﹤0.01% |
621,758
+55,171
| +10% | +$894K |
|
1641
iShares MSCI Brazil ETF
EWZ
$8.59B
| $10.4M | ﹤0.01% |
321,876
-146,572
| -31% | -$4.85M |
|
1642
Louisiana-Pacific
LPX
$5.17B
| $10.4M | ﹤0.01% |
123,983
-41,891
| -25% | -$3.01M |
|
1643
US Foods
USFD
$23.6B
| $10.4M | ﹤0.01% |
192,762
-12,594
| -6% | -$621K |
|
|
SILV
1644
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $10.4M | ﹤0.01% |
1,558,112
+91,400
| +6% | +$534K |
|
1645
Nokia
NOK
$60.1B
| $10.4M | ﹤0.01% |
2,931,385
-508,708
| -15% | -$1.81M |
|
1646
Viking Therapeutics
VKTX
$3.87B
| $10.4M | ﹤0.01% |
126,392
+55,626
| +79% | +$2.48M |
|
1647
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.34B
| $10.4M | ﹤0.01% |
184,481
-2,917
| -2% | -$155K |
|
1648
VanEck Morningstar International Moat ETF
MOTI
$76.3M
| $10.3M | ﹤0.01% |
332,384
+31,051
| +10% | +$942K |
|
1649
WisdomTree US MidCap Fund
EZM
$963M
| $10.3M | ﹤0.01% |
169,504
+49,869
| +42% | +$2.86M |
|
1650
Invesco S&P MidCap Quality ETF
XMHQ
$5.68B
| $10.3M | ﹤0.01% |
93,900
+42,049
| +81% | +$4.12M |
|
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.