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 | |
|---|---|---|---|---|---|---|
|
HDUS
1701
Hartford Disciplined US Equity ETF
HDUS
$213M
| $9.34M | ﹤0.01% |
183,491
+9,717
| +6% | +$471K |
|
|
EMBJ
1702
Embraer S.A. ADS
EMBJ
$13.4B
| $9.28M | ﹤0.01% |
348,404
-46,037
| -12% | -$914K |
|
1703
United Therapeutics
UTHR
$21.4B
| $9.28M | ﹤0.01% |
40,386
+8,963
| +29% | +$2.02M |
|
1704
BlackRock Credit Allocation Income Trust
BTZ
$954M
| $9.25M | ﹤0.01% |
865,546
+66,980
| +8% | +$720K |
|
1705
Plains All American Pipeline
PAA
$16.9B
| $9.24M | ﹤0.01% |
526,380
+17,561
| +3% | +$284K |
|
1706
BlackRock Science and Technology Trust
BST
$1.73B
| $9.24M | ﹤0.01% |
250,301
-3,326
| -1% | -$120K |
|
1707
Grand Canyon Education
LOPE
$3.76B
| $9.23M | ﹤0.01% |
67,764
-7,054
| -9% | -$921K |
|
1708
Invesco NASDAQ Internet ETF
PNQI
$542M
| $9.22M | ﹤0.01% |
231,169
+3,383
| +1% | +$129K |
|
1709
Wayfair
W
$13.9B
| $9.22M | ﹤0.01% |
135,831
-942
| -0.7% | -$53.3K |
|
1710
iShares Core MSCI Europe ETF
IEUR
$9.15B
| $9.22M | ﹤0.01% |
159,351
-99,700
| -38% | -$5.52M |
|
1711
Pinnacle West Capital
PNW
$12.3B
| $9.22M | ﹤0.01% |
123,372
-52,848
| -30% | -$3.72M |
|
1712
Sprott Uranium Miners ETF
URNM
$2B
| $9.21M | ﹤0.01% |
186,901
+21,717
| +13% | +$1.11M |
|
|
MEGI
1713
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$795M
| $9.18M | ﹤0.01% |
730,386
+136,913
| +23% | +$1.75M |
|
1714
TripAdvisor
TRIP
$1.26B
| $9.16M | ﹤0.01% |
329,569
+209,096
| +174% | +$5.08M |
|
1715
CALL
Atkore
ATKR
$3.17B
| $9.14M | ﹤0.01% |
+48,000
| New | +$7.68M |
|
1716
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $9.13M | ﹤0.01% |
192,385
-107,582
| -36% | -$5.1M |
|
1717
Sociedad Química y Minera de Chile
SQM
$21.2B
| $9.12M | ﹤0.01% |
185,550
-61,345
| -25% | -$2.88M |
|
|
SF
1718
Stifel
SF
$12.9B
| $9.11M | ﹤0.01% |
174,885
+40,947
| +31% | +$2.02M |
|
1719
BlackLine
BL
$1.77B
| $9.11M | ﹤0.01% |
140,975
-21,551
| -13% | -$1.31M |
|
1720
Goldman Sachs BDC
GSBD
$1.11B
| $9.1M | ﹤0.01% |
607,701
-112,807
| -16% | -$1.71M |
|
1721
FMC
FMC
$1.27B
| $9.1M | ﹤0.01% |
142,772
-30,375
| -18% | -$1.77M |
|
1722
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $9.09M | ﹤0.01% |
294,858
+35,132
| +14% | +$1.08M |
|
1723
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.36B
| $9.08M | ﹤0.01% |
353,599
+29,558
| +9% | +$750K |
|
|
OPP
1724
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$190M
| $9.08M | ﹤0.01% |
1,065,916
+29,691
| +3% | +$246K |
|
1725
CALL
Southwest Airlines
LUV
$21.7B
| $9.08M | ﹤0.01% |
311,000
+25,500
| +9% | +$789K |
|
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.