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
|
+$1.1B |
| 2 |
Palo Alto Networks
PANW
|
+$705M |
| 3 |
Home Depot
HD
|
+$453M |
| 4 |
WCN
Waste Connections
WCN
|
+$269M |
| 5 |
CRH
CRH
|
+$239M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$931M |
| 2 |
Toronto Dominion Bank
TD
|
+$494M |
| 3 |
PepsiCo
PEP
|
+$432M |
| 4 |
Amazon
AMZN
|
+$390M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 7.84% |
| 4 | Industrials | 7.6% |
| 5 | Energy | 7.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Intel
INTC
$509B
| $466M | 0.13% |
13,109,289
-1,167,069
| -8% | -$40.7M |
|
152
iShares Core MSCI EAFE ETF
IEFA
$196B
| $460M | 0.12% |
7,154,949
+47,946
| +0.7% | +$3.21M |
|
153
Goldman Sachs
GS
$302B
| $460M | 0.12% |
1,422,332
-25,718
| -2% | -$8.59M |
|
154
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $456M | 0.12% |
5,522,610
-31,925
| -0.6% | -$2.72M |
|
155
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $451M | 0.12% |
11,491,342
+293,284
| +3% | +$12M |
|
156
Micron Technology
MU
$1.03T
| $444M | 0.12% |
6,519,931
+367,144
| +6% | +$24.6M |
|
157
Uber
UBER
$154B
| $443M | 0.12% |
9,625,862
+1,045,492
| +12% | +$47.8M |
|
158
Constellation Brands
STZ
$22.9B
| $441M | 0.12% |
1,753,321
-86,593
| -5% | -$22.6M |
|
159
Truist Financial
TFC
$64.3B
| $440M | 0.12% |
15,384,890
+732,801
| +5% | +$22.5M |
|
160
Wells Fargo
WFC
$269B
| $439M | 0.12% |
10,740,723
+707,864
| +7% | +$30.6M |
|
161
Deere & Co
DE
$167B
| $437M | 0.12% |
1,158,186
-25,269
| -2% | -$10.4M |
|
162
Yum China
YUMC
$16.4B
| $436M | 0.12% |
7,819,136
+337,033
| +5% | +$18.9M |
|
163
Automatic Data Processing
ADP
$107B
| $435M | 0.12% |
1,808,685
-87,725
| -5% | -$21.4M |
|
164
iShares Russell 1000 Growth ETF
IWF
$128B
| $433M | 0.12% |
6,512,212
+362,376
| +6% | +$25M |
|
165
Emerson Electric
EMR
$91.4B
| $432M | 0.12% |
4,473,330
+228,825
| +5% | +$21.8M |
|
166
Vertex Pharmaceuticals
VRTX
$133B
| $428M | 0.12% |
1,230,196
+12,630
| +1% | +$4.42M |
|
167
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $422M | 0.11% |
4,596,541
+44,153
| +1% | +$4.05M |
|
168
United Parcel Service
UPS
$88.4B
| $422M | 0.11% |
2,706,159
-341,629
| -11% | -$59M |
|
169
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $420M | 0.11% |
3,265,234
+52,215
| +2% | +$6.93M |
|
170
S&P Global
SPGI
$121B
| $414M | 0.11% |
1,131,652
+10,089
| +0.9% | +$3.97M |
|
171
Oracle
ORCL
$442B
| $409M | 0.11% |
3,861,916
-100,775
| -3% | -$11.7M |
|
172
PNC Financial Services
PNC
$102B
| $408M | 0.11% |
3,327,229
+82,406
| +3% | +$10.4M |
|
173
Booking.com
BKNG
$159B
| $393M | 0.11% |
3,187,800
+372,600
| +13% | +$45.1M |
|
174
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $388M | 0.11% |
2,736,575
+397,787
| +17% | +$59.4M |
|
175
Citigroup
C
$231B
| $388M | 0.11% |
9,421,554
-1,335,348
| -12% | -$58.6M |
|
Similar funds
Royal Bank of Canada's Q3 2023 Portfolio in Review
As of Q3 2023, Royal Bank of Canada held 8,011 positions worth $369B, down 3.2% from $381B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Royal Bank of Canada's Q3 2023 filing shows 401 new, 3,689 increased, 2,722 reduced and 533 closed positions. Its largest new stake was PGIM AAA CLO ETF: 210,232 shares worth $10.6M. The largest sale was iShares Core S&P 500 ETF, an estimated $931M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Royal Bank of Canada's largest Q3 2023 buy was PGIM AAA CLO ETF: 210,232 shares worth $10.6M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $1.1B increase.
- Royal Bank of Canada's biggest Q3 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $931M.
- Royal Bank of Canada fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $19.9M.
- Royal Bank of Canada's ten largest holdings make up 19% of its $369B portfolio in Q3 2023.
- Royal Bank of Canada opened 401 new positions and closed 533 in Q3 2023.
- Royal Bank of Canada's portfolio value fell 3.2% quarter-over-quarter to $369B.
Based on Royal Bank of Canada's 13F filing for Q3 2023, filed 14 Nov 2023.