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 | |
|---|---|---|---|---|---|---|
1951
Popular Inc
BPOP
$11.3B
| $6.62M | ﹤0.01% |
75,104
-7,045
| -9% | -$591K |
|
1952
SentinelOne
S
$7.92B
| $6.61M | ﹤0.01% |
283,600
+195,269
| +221% | +$5.1M |
|
1953
JPMorgan Municipal ETF
JMUB
$8.51B
| $6.61M | ﹤0.01% |
130,235
+124,199
| +2,058% | +$6.31M |
|
1954
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.26B
| $6.6M | ﹤0.01% |
277,154
+11,824
| +4% | +$283K |
|
1955
Jackson Financial
JXN
$9.17B
| $6.6M | ﹤0.01% |
99,736
-24,592
| -20% | -$1.34M |
|
1956
Unitil
UTL
$995M
| $6.57M | ﹤0.01% |
125,471
-778
| -0.6% | -$39.2K |
|
1957
CALL
Prologis
PLD
$134B
| $6.56M | ﹤0.01% |
+50,400
| New | +$6.59M |
|
1958
PUT
S&P Global
SPGI
$123B
| $6.55M | ﹤0.01% |
15,400
-29,000
| -65% | -$12.6M |
|
1959
CALL
Cameco
CCJ
$42.6B
| $6.54M | ﹤0.01% |
+151,000
| New | +$6.62M |
|
1960
BorgWarner
BWA
$14B
| $6.53M | ﹤0.01% |
187,811
-113,831
| -38% | -$3.72M |
|
1961
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $6.52M | ﹤0.01% |
48,358
-11,315
| -19% | -$1.5M |
|
1962
Jefferies Financial Group
JEF
$12.7B
| $6.51M | ﹤0.01% |
147,748
+30,016
| +25% | +$1.25M |
|
1963
First Trust RiverFront Dynamic Developed International ETF
RFDI
$168M
| $6.51M | ﹤0.01% |
101,342
+2,081
| +2% | +$129K |
|
1964
Avantor
AVTR
$9.24B
| $6.51M | ﹤0.01% |
254,571
+143,545
| +129% | +$3.41M |
|
1965
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.54B
| $6.48M | ﹤0.01% |
373,530
-386,133
| -51% | -$6.46M |
|
1966
iShares Latin America 40 ETF
ILF
$3.71B
| $6.48M | ﹤0.01% |
227,743
+69,167
| +44% | +$1.95M |
|
1967
ProShares S&P 500 High Income ETF
ISPY
$1.27B
| $6.48M | ﹤0.01% |
151,310
+151,185
| +120,948% | +$6.24M |
|
1968
UFP Industries
UFPI
$4.96B
| $6.47M | ﹤0.01% |
52,607
-12,037
| -19% | -$1.4M |
|
1969
Oxford Industries
OXM
$543M
| $6.47M | ﹤0.01% |
57,558
-4,153
| -7% | -$418K |
|
1970
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.19B
| $6.47M | ﹤0.01% |
274,018
-580
| -0.2% | -$13K |
|
1971
CALL
Starbucks
SBUX
$123B
| $6.45M | ﹤0.01% |
70,600
-79,400
| -53% | -$7.39M |
|
|
THW
1972
abrdn World Healthcare Fund
THW
$565M
| $6.44M | ﹤0.01% |
486,794
-44,180
| -8% | -$560K |
|
1973
GS ActiveBeta US Small Cap Equity ETF
GSSC
$1.11B
| $6.42M | ﹤0.01% |
97,999
-25,108
| -20% | -$1.57M |
|
1974
Pegasystems
PEGA
$5.31B
| $6.42M | ﹤0.01% |
198,660
-18,100
| -8% | -$508K |
|
1975
Axos Financial
AX
$5.8B
| $6.42M | ﹤0.01% |
118,696
-17,444
| -13% | -$918K |
|
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.