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 | |
|---|---|---|---|---|---|---|
1751
First Trust Short Duration Managed Municipal ETF
FSMB
$628M
| $8.68M | ﹤0.01% |
437,477
+66,765
| +18% | +$1.33M |
|
1752
Main Street Capital
MAIN
$5.5B
| $8.67M | ﹤0.01% |
183,233
+11,850
| +7% | +$535K |
|
|
BXMX
1753
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $8.64M | ﹤0.01% |
652,847
-76,506
| -10% | -$997K |
|
1754
Avantis Core Fixed Income ETF
AVIG
$1.96B
| $8.63M | ﹤0.01% |
209,292
+111,228
| +113% | +$4.58M |
|
1755
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$281M
| $8.63M | ﹤0.01% |
119,831
-28,418
| -19% | -$1.99M |
|
1756
CALL
Kraft Heinz
KHC
$30.3B
| $8.59M | ﹤0.01% |
232,800
+42,800
| +23% | +$1.56M |
|
1757
Coherent
COHR
$63.7B
| $8.55M | ﹤0.01% |
141,084
-5,092
| -3% | -$279K |
|
1758
iShares USD Green Bond ETF
BGRN
$502M
| $8.55M | ﹤0.01% |
182,364
+956
| +0.5% | +$44.7K |
|
1759
Cambria Shareholder Yield ETF
SYLD
$1.03B
| $8.54M | ﹤0.01% |
116,541
+56,633
| +95% | +$3.89M |
|
|
MODN
1760
DELISTED
MODEL N, INC.
MODN
| $8.54M | ﹤0.01% |
299,829
-17,126
| -5% | -$452K |
|
1761
Astrana Health
ASTH
$2.02B
| $8.53M | ﹤0.01% |
203,139
-15,499
| -7% | -$605K |
|
1762
Oaktree Specialty Lending
OCSL
$1.14B
| $8.51M | ﹤0.01% |
432,654
+49,829
| +13% | +$1.01M |
|
1763
Regal Rexnord
RRX
$11.7B
| $8.5M | ﹤0.01% |
47,182
+2,194
| +5% | +$342K |
|
1764
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $8.48M | ﹤0.01% |
111,066
+8,917
| +9% | +$645K |
|
1765
Fox Class A
FOXA
$29B
| $8.47M | ﹤0.01% |
271,031
+105,276
| +64% | +$3.2M |
|
1766
iShares MSCI China ETF
MCHI
$6.16B
| $8.47M | ﹤0.01% |
213,230
-766,278
| -78% | -$29.7M |
|
1767
CALL
Imperial Oil
IMO
$64.5B
| $8.47M | ﹤0.01% |
122,500
+7,500
| +7% | +$458K |
|
1768
Stewart Information Services
STC
$2.08B
| $8.46M | ﹤0.01% |
130,006
+40,134
| +45% | +$2.44M |
|
1769
iShares US Utilities ETF
IDU
$1.38B
| $8.46M | ﹤0.01% |
100,055
+3,557
| +4% | +$283K |
|
1770
First Trust Small Cap Value AlphaDEX Fund
FYT
$202M
| $8.45M | ﹤0.01% |
155,474
+4,847
| +3% | +$254K |
|
1771
Texas Pacific Land
TPL
$24.7B
| $8.44M | ﹤0.01% |
43,755
-6,744
| -13% | -$1.16M |
|
1772
Adams Diversified Equity Fund
ADX
$3.28B
| $8.43M | ﹤0.01% |
431,828
+66,020
| +18% | +$1.23M |
|
|
DSL
1773
DoubleLine Income Solutions Fund
DSL
$1.24B
| $8.41M | ﹤0.01% |
662,246
+12,776
| +2% | +$161K |
|
1774
Merchants Bancorp
MBIN
$2.52B
| $8.4M | ﹤0.01% |
194,545
+81,921
| +73% | +$3.43M |
|
1775
Euronet Worldwide
EEFT
$2.74B
| $8.39M | ﹤0.01% |
76,338
-6,469
| -8% | -$679K |
|
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.