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
|
+$8.75B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1B |
| 3 |
Procter & Gamble
PG
|
+$980M |
| 4 |
Apple
AAPL
|
+$894M |
| 5 |
Amazon
AMZN
|
+$815M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$806M |
| 2 |
Palo Alto Networks
PANW
|
+$726M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 4 |
Toronto Dominion Bank
TD
|
+$494M |
| 5 |
Enbridge
ENB
|
+$407M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 15.76% |
| 3 | Industrials | 7.8% |
| 4 | Healthcare | 7.3% |
| 5 | Consumer Discretionary | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Axos Financial
AX
$5.83B
| $7.43M | ﹤0.01% |
136,140
+5,819
| +4% | +$243K |
|
1927
iShares iBonds Dec 2028 Term Treasury ETF
IBTI
$1.93B
| $7.42M | ﹤0.01% |
333,940
+99,905
| +43% | +$2.17M |
|
1928
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.35B
| $7.42M | ﹤0.01% |
70,630
-13,653
| -16% | -$1.3M |
|
1929
Watts Water Technologies
WTS
$12.8B
| $7.42M | ﹤0.01% |
35,595
+31,768
| +830% | +$6M |
|
1930
Main Street Capital
MAIN
$5.5B
| $7.41M | ﹤0.01% |
171,383
-6,825
| -4% | -$279K |
|
1931
First Trust Short Duration Managed Municipal ETF
FSMB
$628M
| $7.4M | ﹤0.01% |
370,712
-56,379
| -13% | -$1.11M |
|
|
BERY
1932
DELISTED
Berry Global Group, Inc.
BERY
| $7.4M | ﹤0.01% |
119,513
-176,833
| -60% | -$9.98M |
|
1933
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.39B
| $7.39M | ﹤0.01% |
73,644
-94,540
| -56% | -$9.17M |
|
1934
iShares US Infrastructure ETF
IFRA
$4.66B
| $7.38M | ﹤0.01% |
183,325
+36,000
| +24% | +$1.34M |
|
1935
PUT
Dropbox
DBX
$7.51B
| $7.37M | ﹤0.01% |
250,000
-50,000
| -17% | -$1.39M |
|
1936
American Homes 4 Rent
AMH
$12.3B
| $7.37M | ﹤0.01% |
204,885
+10,706
| +6% | +$374K |
|
1937
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $7.36M | ﹤0.01% |
119,127
+7,626
| +7% | +$448K |
|
1938
HEICO Corp Class A
HEI.A
$38.3B
| $7.34M | ﹤0.01% |
51,524
-153
| -0.3% | -$20.7K |
|
1939
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
| $7.32M | ﹤0.01% |
148,104
+6,873
| +5% | +$338K |
|
1940
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $7.31M | ﹤0.01% |
169,788
+62,688
| +59% | +$2.49M |
|
1941
ARK Genomic Revolution ETF
ARKG
$1.74B
| $7.31M | ﹤0.01% |
222,786
-11,721
| -5% | -$319K |
|
1942
WisdomTree International Quality Dividend Growth Fund
IQDG
$732M
| $7.31M | ﹤0.01% |
201,447
-10,058
| -5% | -$334K |
|
1943
Invesco Solar ETF
TAN
$1.36B
| $7.3M | ﹤0.01% |
136,760
-26,378
| -16% | -$1.24M |
|
1944
PUT
Wynn Resorts
WYNN
$10.6B
| $7.29M | ﹤0.01% |
80,000
| – | – |
|
1945
CALL
Atlassian
TEAM
$41.3B
| $7.28M | ﹤0.01% |
+30,600
| New | +$6.01M |
|
|
EMBJ
1946
Embraer S.A. ADS
EMBJ
$13.4B
| $7.28M | ﹤0.01% |
394,441
-15,212
| -4% | -$244K |
|
1947
Cohu
COHU
$2.77B
| $7.24M | ﹤0.01% |
204,703
-18,142
| -8% | -$602K |
|
1948
Hyatt Hotels
H
$17B
| $7.24M | ﹤0.01% |
55,532
-3,631
| -6% | -$412K |
|
1949
Nuveen Quality Municipal Income Fund
NAD
$2.76B
| $7.24M | ﹤0.01% |
632,316
-16,999
| -3% | -$179K |
|
1950
Dimensional US Core Equity Market ETF
DFAU
$12.9B
| $7.23M | ﹤0.01% |
217,377
-94,327
| -30% | -$2.93M |
|
Similar funds
Royal Bank of Canada's Q4 2023 Portfolio in Review
As of Q4 2023, Royal Bank of Canada held 7,942 positions worth $428B, up 16% from $369B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $17.2B of net new capital in Q4 2023, opening 466 new positions and adding to 4,113 existing holdings. Its largest new stake was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was PepsiCo, an estimated $806M trimmed.
- Royal Bank of Canada's largest Q4 2023 buy was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $8.75B increase.
- Royal Bank of Canada's biggest Q4 2023 reduction was PepsiCo, cutting an estimated $806M.
- Royal Bank of Canada fully exited Activision Blizzard in Q4 2023, selling an estimated $69.3M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $428B portfolio in Q4 2023.
- Royal Bank of Canada opened 466 new positions and closed 401 in Q4 2023.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $428B.
Based on Royal Bank of Canada's 13F filing for Q4 2023, filed 14 Feb 2024.