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 | |
|---|---|---|---|---|---|---|
|
ALE
1651
DELISTED
Allete
ALE
| $10.3M | ﹤0.01% |
173,095
-20,822
| -11% | -$1.22M |
|
1652
Invesco Dorsey Wright Technology Momentum ETF
PTF
$676M
| $10.3M | ﹤0.01% |
179,934
+1,290
| +0.7% | +$68.6K |
|
1653
Advance Auto Parts
AAP
$3.41B
| $10.3M | ﹤0.01% |
121,072
+36,258
| +43% | +$2.5M |
|
1654
Boston Properties
BXP
$10.9B
| $10.3M | ﹤0.01% |
157,735
-838
| -0.5% | -$55.5K |
|
1655
Global X MLP ETF
MLPA
$2.3B
| $10.3M | ﹤0.01% |
213,501
-11,672
| -5% | -$539K |
|
1656
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $10.3M | ﹤0.01% |
417,188
+204,912
| +97% | +$4.8M |
|
1657
iShares US Healthcare Providers ETF
IHF
$1.27B
| $10.3M | ﹤0.01% |
188,237
+7,792
| +4% | +$414K |
|
1658
Acco Brands
ACCO
$401M
| $10.2M | ﹤0.01% |
1,820,011
-66,038
| -4% | -$393K |
|
1659
Rambus
RMBS
$10.9B
| $10.2M | ﹤0.01% |
165,119
+78,419
| +90% | +$4.96M |
|
1660
CALL
Analog Devices
ADI
$190B
| $10.2M | ﹤0.01% |
51,400
+45,300
| +743% | +$8.71M |
|
1661
Tidewater
TDW
$4.69B
| $10.2M | ﹤0.01% |
110,436
-63,115
| -36% | -$4.71M |
|
1662
KE Holdings
BEKE
$18.8B
| $10.1M | ﹤0.01% |
736,688
-322,973
| -30% | -$4.51M |
|
1663
Zoom
ZM
$31.1B
| $10.1M | ﹤0.01% |
153,908
+11,452
| +8% | +$763K |
|
1664
argenx
ARGX
$53.3B
| $10.1M | ﹤0.01% |
25,531
+508
| +2% | +$197K |
|
1665
Workiva
WK
$3.84B
| $10M | ﹤0.01% |
118,306
+1,502
| +1% | +$135K |
|
|
PRO
1666
DELISTED
PROS Holdings
PRO
| $10M | ﹤0.01% |
275,908
-14,603
| -5% | -$517K |
|
1667
Voya Financial
VOYA
$9.2B
| $10M | ﹤0.01% |
135,584
+5,333
| +4% | +$376K |
|
|
NIE
1668
Virtus Equity & Convertible Income Fund
NIE
$743M
| $10M | ﹤0.01% |
446,814
+7,003
| +2% | +$152K |
|
1669
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.34B
| $9.99M | ﹤0.01% |
404,828
-158,832
| -28% | -$3.84M |
|
|
GAP
1670
The Gap Inc
GAP
$7.42B
| $9.96M | ﹤0.01% |
361,545
+23,513
| +7% | +$496K |
|
1671
Virtus Reaves Utilities ETF
UTES
$1.33B
| $9.96M | ﹤0.01% |
205,029
+63,740
| +45% | +$2.86M |
|
1672
Insteel Industries
IIIN
$631M
| $9.93M | ﹤0.01% |
259,897
-59,882
| -19% | -$2.13M |
|
1673
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.75B
| $9.92M | ﹤0.01% |
178,088
-78,823
| -31% | -$4.25M |
|
1674
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.2M
| $9.91M | ﹤0.01% |
282,894
-11,155
| -4% | -$379K |
|
1675
CALL
Johnson Controls International
JCI
$93.1B
| $9.88M | ﹤0.01% |
151,200
| – | – |
|
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.