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 |
TC Energy
TRP
|
+$1.77B |
| 2 |
Chevron
CVX
|
+$1.56B |
| 3 |
EMA
Emera Inc
EMA
|
+$942M |
| 4 |
Enbridge
ENB
|
+$863M |
| 5 |
Bank of Montreal
BMO
|
+$796M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$893M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$826M |
| 3 |
Toronto Dominion Bank
TD
|
+$803M |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$594M |
| 5 |
Apple
AAPL
|
+$534M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.98% |
| 2 | Technology | 17.37% |
| 3 | Industrials | 7.41% |
| 4 | Consumer Discretionary | 6.78% |
| 5 | Energy | 6.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
FTAI Aviation
FTAI
$22.3B
| $15.5M | ﹤0.01% |
134,970
+46,820
| +53% | +$5.24M |
|
1702
Moog Inc Class A
MOG.A
$13.9B
| $15.5M | ﹤0.01% |
85,786
+51,850
| +153% | +$9.09M |
|
1703
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $15.5M | ﹤0.01% |
461,733
+8,197
| +2% | +$271K |
|
1704
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $15.5M | ﹤0.01% |
140,386
-7,665
| -5% | -$791K |
|
1705
STAG Industrial
STAG
$7.12B
| $15.5M | ﹤0.01% |
427,163
-8,981
| -2% | -$311K |
|
1706
Camtek
CAMT
$7.54B
| $15.5M | ﹤0.01% |
183,034
+39,670
| +28% | +$2.68M |
|
1707
Dimensional US Targeted Value ETF
DFAT
$14.9B
| $15.5M | ﹤0.01% |
286,633
+36,206
| +14% | +$1.84M |
|
1708
Invesco Large Cap Growth ETF
PWB
$2.45B
| $15.4M | ﹤0.01% |
131,399
-3,263
| -2% | -$341K |
|
1709
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.78B
| $15.4M | ﹤0.01% |
406,470
-6,279
| -2% | -$230K |
|
1710
Rambus
RMBS
$10.8B
| $15.4M | ﹤0.01% |
240,224
+38,502
| +19% | +$2.06M |
|
1711
FIVE9
FIVN
$2.45B
| $15.4M | ﹤0.01% |
580,117
+234,655
| +68% | +$6.11M |
|
1712
SoundHound AI
SOUN
$3.32B
| $15.4M | ﹤0.01% |
1,431,286
+1,270,987
| +793% | +$12M |
|
1713
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $15.2M | ﹤0.01% |
90,140
-181
| -0.2% | -$26.7K |
|
1714
Allison Transmission
ALSN
$10.4B
| $15.2M | ﹤0.01% |
160,427
+66,700
| +71% | +$6.44M |
|
1715
Neurocrine Biosciences
NBIX
$15.5B
| $15.2M | ﹤0.01% |
121,152
+38,342
| +46% | +$4.4M |
|
1716
Unity
U
$20.3B
| $15.2M | ﹤0.01% |
628,555
-156,886
| -20% | -$3.45M |
|
|
TLN
1717
Talen Energy Corp
TLN
$17.6B
| $15.2M | ﹤0.01% |
52,244
+19,124
| +58% | +$4.54M |
|
1718
Vornado Realty Trust
VNO
$7.26B
| $15.2M | ﹤0.01% |
397,223
+369,716
| +1,344% | +$13.8M |
|
|
DFSD
1719
Dimensional Short-Duration Fixed Income ETF
DFSD
$7.17B
| $15.1M | ﹤0.01% |
314,651
-100,627
| -24% | -$4.79M |
|
1720
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.59B
| $15.1M | ﹤0.01% |
92,524
+9,063
| +11% | +$1.41M |
|
1721
Alarm.com
ALRM
$2.74B
| $15.1M | ﹤0.01% |
266,469
+244,703
| +1,124% | +$13.6M |
|
1722
PUT
Constellation Energy
CEG
$101B
| $15.1M | ﹤0.01% |
+46,700
| New | +$12.4M |
|
1723
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.34B
| $15.1M | ﹤0.01% |
282,844
-3,959
| -1% | -$196K |
|
1724
Fidelity MSCI Information Technology Index ETF
FTEC
$21.4B
| $15.1M | ﹤0.01% |
76,374
-4,620
| -6% | -$799K |
|
1725
Laureate Education
LAUR
$5.15B
| $15M | ﹤0.01% |
643,677
-128,713
| -17% | -$2.76M |
|
Similar funds
Royal Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, Royal Bank of Canada held 7,516 positions worth $555B, up 16% from $479B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $28.4B of net new capital in Q2 2025, opening 524 new positions and adding to 3,973 existing holdings. Its largest new stake was Emera Inc: 20,985,495 shares worth $962M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Canadian Natural Resources, an estimated $893M trimmed.
- Royal Bank of Canada's largest Q2 2025 buy was Emera Inc: 20,985,495 shares worth $962M.
- Royal Bank of Canada added most to TC Energy in Q2 2025, an estimated $1.77B increase.
- Royal Bank of Canada's biggest Q2 2025 reduction was Canadian Natural Resources, cutting an estimated $893M.
- Royal Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $84.6M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $555B portfolio in Q2 2025.
- Royal Bank of Canada opened 524 new positions and closed 342 in Q2 2025.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $555B.
Based on Royal Bank of Canada's 13F filing for Q2 2025, filed 14 Aug 2025.