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 | |
|---|---|---|---|---|---|---|
1751
Range Resources
RRC
$9.41B
| $14.5M | ﹤0.01% |
355,524
-75,122
| -17% | -$2.83M |
|
1752
Gabelli Dividend & Income Trust
GDV
$2.69B
| $14.5M | ﹤0.01% |
555,700
+4,460
| +0.8% | +$107K |
|
1753
Scholar Rock
SRRK
$6.41B
| $14.4M | ﹤0.01% |
407,686
+407,581
| +388,172% | +$12.8M |
|
1754
Hercules Capital
HTGC
$3.13B
| $14.4M | ﹤0.01% |
788,373
-15,704
| -2% | -$278K |
|
1755
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$610M
| $14.4M | ﹤0.01% |
316,645
-144,561
| -31% | -$6.24M |
|
1756
Kodiak Gas Services
KGS
$6.53B
| $14.4M | ﹤0.01% |
419,645
+409,410
| +4,000% | +$14.2M |
|
1757
EPAM Systems
EPAM
$5.2B
| $14.4M | ﹤0.01% |
81,186
-16,036
| -16% | -$2.68M |
|
1758
LKQ Corp
LKQ
$6.41B
| $14.3M | ﹤0.01% |
387,399
+142,233
| +58% | +$5.67M |
|
1759
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $14.3M | ﹤0.01% |
301,985
-15,902
| -5% | -$722K |
|
1760
Adaptive Alpha Opportunities ETF
AGOX
$393M
| $14.3M | ﹤0.01% |
484,355
+117,316
| +32% | +$3.16M |
|
1761
Vanguard World Funds Extended Duration ETF
EDV
$3.44B
| $14.3M | ﹤0.01% |
212,297
+2,174
| +1% | +$144K |
|
1762
iShares Dow Jones US ETF
IYY
$3.08B
| $14.2M | ﹤0.01% |
94,023
-1,104
| -1% | -$154K |
|
|
CGNG
1763
Capital Group New Geography Equity ETF
CGNG
$2.9B
| $14.2M | ﹤0.01% |
491,937
+141,500
| +40% | +$3.74M |
|
1764
Baytex Energy
BTE
$3.06B
| $14.1M | ﹤0.01% |
7,891,537
+3,345,692
| +74% | +$5.85M |
|
1765
Churchill Downs
CHDN
$6.29B
| $14.1M | ﹤0.01% |
139,816
+26,893
| +24% | +$2.63M |
|
|
FPF
1766
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $14.1M | ﹤0.01% |
749,787
-31,258
| -4% | -$558K |
|
1767
Evercore
EVR
$11.8B
| $14.1M | ﹤0.01% |
52,187
+16,440
| +46% | +$3.62M |
|
1768
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $14.1M | ﹤0.01% |
280,104
-229,713
| -45% | -$11.2M |
|
1769
VictoryShares WestEnd US Sector ETF
MODL
$1.07B
| $14.1M | ﹤0.01% |
326,014
+8,214
| +3% | +$327K |
|
1770
Schwab U.S Small- Cap ETF
SCHA
$23.6B
| $14M | ﹤0.01% |
555,189
+240,509
| +76% | +$5.69M |
|
1771
nLIGHT
LASR
$3.02B
| $14M | ﹤0.01% |
712,672
+700,863
| +5,935% | +$8.71M |
|
1772
Vale
VALE
$57.9B
| $14M | ﹤0.01% |
1,441,276
-22,389
| -2% | -$211K |
|
|
PAXS
1773
PIMCO Access Income Fund
PAXS
$673M
| $14M | ﹤0.01% |
924,227
+500,606
| +118% | +$7.56M |
|
1774
Reinsurance Group of America
RGA
$16.3B
| $14M | ﹤0.01% |
70,411
-12,623
| -15% | -$2.46M |
|
|
CRWV
1775
CoreWeave
CRWV
$58.2B
| $14M | ﹤0.01% |
85,580
+85,069
| +16,648% | +$7.84M |
|
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.