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 |
Vanguard S&P 500 ETF
VOO
|
+$11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$5.3B |
| 3 |
Apple
AAPL
|
+$2B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.88B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.47B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.03B |
| 2 |
Bank of Montreal
BMO
|
+$1.95B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.87B |
| 4 |
TC Energy
TRP
|
+$1.8B |
| 5 |
Scotiabank
BNS
|
+$1.21B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.7% |
| 2 | Financials | 17.47% |
| 3 | Industrials | 6.5% |
| 4 | Communication Services | 6.43% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
iShares Russell Mid-Cap ETF
IWR
$57.9B
| $762M | 0.12% |
7,911,910
+905,157
| +13% | +$87M |
|
152
Eaton
ETN
$179B
| $761M | 0.12% |
2,389,089
+203,455
| +9% | +$72.1M |
|
153
Teck Resources
TECK
$32.4B
| $751M | 0.12% |
15,675,939
-1,476,402
| -9% | -$64M |
|
154
American Express
AXP
$232B
| $747M | 0.12% |
2,019,109
+399,135
| +25% | +$143M |
|
155
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $746M | 0.12% |
8,168,135
-226,972
| -3% | -$20.8M |
|
156
American Electric Power
AEP
$67.9B
| $743M | 0.12% |
6,440,721
-459,682
| -7% | -$54.3M |
|
|
157
PUT
Bank of Montreal
BMO
$129B
| $742M | 0.12% |
5,720,000
+680,000
| +13% | +$86.1M |
|
158
Cenovus Energy
CVE
$55.6B
| $736M | 0.12% |
43,494,436
+4,597,447
| +12% | +$79.8M |
|
159
CVS Health
CVS
$121B
| $735M | 0.12% |
9,261,455
+1,250,897
| +16% | +$98.6M |
|
160
Danaher
DHR
$145B
| $733M | 0.12% |
3,203,071
+176,321
| +6% | +$38.8M |
|
161
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $731M | 0.12% |
13,605,526
+148,425
| +1% | +$8.06M |
|
162
Gilead Sciences
GILD
$168B
| $726M | 0.12% |
5,912,881
-1,414,795
| -19% | -$172M |
|
163
Applied Materials
AMAT
$435B
| $718M | 0.12% |
2,794,549
+135,979
| +5% | +$32.6M |
|
164
Capital One
COF
$136B
| $703M | 0.11% |
2,902,519
+193,044
| +7% | +$43M |
|
165
Southern Company
SO
$106B
| $692M | 0.11% |
7,932,104
-2,507,915
| -24% | -$229M |
|
166
Bristol-Myers Squibb
BMY
$130B
| $682M | 0.11% |
12,643,485
-200,836
| -2% | -$9.66M |
|
167
S&P Global
SPGI
$121B
| $680M | 0.11% |
1,301,476
-39,147
| -3% | -$19.4M |
|
168
Analog Devices
ADI
$187B
| $680M | 0.11% |
2,506,128
+678,623
| +37% | +$170M |
|
169
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $678M | 0.11% |
15,167,200
-3,442,800
| -18% | -$153M |
|
170
Lam Research
LRCX
$408B
| $676M | 0.11% |
3,947,309
-217,492
| -5% | -$33.8M |
|
171
KLA
KLAC
$272B
| $666M | 0.11% |
5,482,350
+463,960
| +9% | +$54.4M |
|
172
PUT
Canadian Imperial Bank of Commerce
CM
$110B
| $660M | 0.11% |
7,283,000
+1,083,900
| +17% | +$93M |
|
173
Cheniere Energy
LNG
$55.4B
| $660M | 0.11% |
3,393,154
-218,371
| -6% | -$45.9M |
|
174
PUT
Microsoft
MSFT
$3.66T
| $643M | 0.1% |
1,329,100
+1,193,800
| +882% | +$598M |
|
175
Xylem
XYL
$28.5B
| $641M | 0.1% |
4,710,031
-19,256
| -0.4% | -$2.77M |
|
Similar funds
Royal Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, Royal Bank of Canada held 7,850 positions worth $615B, up 0.73% from $610B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Royal Bank of Canada's Q4 2025 filing shows 563 new, 2,770 increased, 3,618 reduced and 430 closed positions. Its largest new stake was Boyd Group Services: 1,282,335 shares worth $204M. The largest sale was Amazon, an estimated $2.03B.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Royal Bank of Canada's largest Q4 2025 buy was Boyd Group Services: 1,282,335 shares worth $204M.
- Royal Bank of Canada added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $11B increase.
- Royal Bank of Canada's biggest Q4 2025 reduction was Amazon, cutting an estimated $2.03B.
- Royal Bank of Canada fully exited Interpublic Group of Companies in Q4 2025, selling an estimated $140M.
- Royal Bank of Canada's ten largest holdings make up 24% of its $615B portfolio in Q4 2025.
- Royal Bank of Canada opened 563 new positions and closed 430 in Q4 2025.
- Royal Bank of Canada's portfolio value rose 0.73% quarter-over-quarter to $615B.
Based on Royal Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.