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
|
+$2.39B |
| 2 |
Amazon
AMZN
|
+$734M |
| 3 |
Accenture
ACN
|
+$720M |
| 4 |
Broadcom
AVGO
|
+$617M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$521M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.55B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$677M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$578M |
| 4 |
T-Mobile US
TMUS
|
+$560M |
| 5 |
NVIDIA
NVDA
|
+$475M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.81% |
| 2 | Technology | 16.64% |
| 3 | Industrials | 7.27% |
| 4 | Healthcare | 7.2% |
| 5 | Consumer Discretionary | 6.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
UGI
UGI
$7.59B
| $8.12M | ﹤0.01% |
324,701
+14,653
| +5% | +$353K |
|
|
SUM
1902
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.12M | ﹤0.01% |
208,058
+118,615
| +133% | +$4.56M |
|
1903
Victory Capital Holdings
VCTR
$7.27B
| $8.11M | ﹤0.01% |
146,433
+12,544
| +9% | +$648K |
|
1904
American Homes 4 Rent
AMH
$12.3B
| $8.11M | ﹤0.01% |
211,161
-25,875
| -11% | -$987K |
|
1905
Aecom
ACM
$8.12B
| $8.09M | ﹤0.01% |
78,328
+34,374
| +78% | +$3.23M |
|
1906
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.35B
| $8.09M | ﹤0.01% |
69,501
-2,411
| -3% | -$271K |
|
1907
Zillow
Z
$7.82B
| $8.08M | ﹤0.01% |
126,564
+5,729
| +5% | +$308K |
|
1908
Powell Industries
POWL
$7.78B
| $8.08M | ﹤0.01% |
109,158
-18,609
| -15% | -$1.01M |
|
1909
Columbus McKinnon
CMCO
$556M
| $8.02M | ﹤0.01% |
222,888
-55,857
| -20% | -$1.89M |
|
|
HQH
1910
abrdn Healthcare Investors
HQH
$1.33B
| $8.02M | ﹤0.01% |
430,509
-2,403
| -0.6% | -$44.8K |
|
1911
iShares Morningstar Small-Cap Value ETF
ISCV
$712M
| $8.02M | ﹤0.01% |
126,292
+1,450
| +1% | +$88.7K |
|
1912
Pebblebrook Hotel Trust
PEB
$2.06B
| $8.02M | ﹤0.01% |
605,835
-18,567
| -3% | -$244K |
|
1913
Vanguard Total World Bond ETF
BNDW
$1.89B
| $8.01M | ﹤0.01% |
113,395
-845
| -0.7% | -$58.8K |
|
1914
Tidewater
TDW
$4.69B
| $8M | ﹤0.01% |
111,391
-75,589
| -40% | -$6.59M |
|
1915
Affirm
AFRM
$26.2B
| $7.99M | ﹤0.01% |
195,742
+5,953
| +3% | +$198K |
|
|
SEE
1916
DELISTED
Sealed Air
SEE
| $7.99M | ﹤0.01% |
220,017
+86,749
| +65% | +$3.03M |
|
1917
Cemex
CX
$16B
| $7.98M | ﹤0.01% |
1,308,820
+332,815
| +34% | +$2.09M |
|
1918
Hamilton Lane
HLNE
$5.74B
| $7.96M | ﹤0.01% |
47,295
+3,362
| +8% | +$487K |
|
1919
Ralph Lauren
RL
$23.2B
| $7.96M | ﹤0.01% |
41,075
+18,833
| +85% | +$3.26M |
|
1920
Jones Lang LaSalle
JLL
$17.3B
| $7.96M | ﹤0.01% |
29,498
-3,344
| -10% | -$811K |
|
|
DSL
1921
DoubleLine Income Solutions Fund
DSL
$1.24B
| $7.94M | ﹤0.01% |
611,593
+13,902
| +2% | +$178K |
|
1922
Honda
HMC
$41B
| $7.93M | ﹤0.01% |
249,855
-5,408
| -2% | -$172K |
|
1923
PUT
CAVA Group
CAVA
$8.69B
| $7.91M | ﹤0.01% |
63,900
| – | – |
|
|
IBTE
1924
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $7.91M | ﹤0.01% |
329,671
-33,162
| -9% | -$794K |
|
1925
National Fuel Gas
NFG
$7.79B
| $7.88M | ﹤0.01% |
130,077
-5,006
| -4% | -$293K |
|
Similar funds
Royal Bank of Canada's Q3 2024 Portfolio in Review
As of Q3 2024, Royal Bank of Canada held 7,780 positions worth $490B, up 12% from $439B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $18.7B of net new capital in Q3 2024, opening 357 new positions and adding to 3,344 existing holdings. Its largest new stake was Smurfit Westrock: 741,254 shares worth $36.6M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.55B trimmed.
- Royal Bank of Canada's largest Q3 2024 buy was Smurfit Westrock: 741,254 shares worth $36.6M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $2.39B increase.
- Royal Bank of Canada's biggest Q3 2024 reduction was Invesco QQQ Trust, cutting an estimated $1.55B.
- Royal Bank of Canada fully exited WestRock Company in Q3 2024, selling an estimated $13.8M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $490B portfolio in Q3 2024.
- Royal Bank of Canada opened 357 new positions and closed 777 in Q3 2024.
- Royal Bank of Canada's portfolio value rose 12% quarter-over-quarter to $490B.
Based on Royal Bank of Canada's 13F filing for Q3 2024, filed 14 Nov 2024.