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 | |
|---|---|---|---|---|---|---|
2001
CNA Financial
CNA
$13.8B
| $6.71M | ﹤0.01% |
158,689
+380
| +0.2% | +$15.5K |
|
2002
Gran Tierra Energy
GTE
$325M
| $6.71M | ﹤0.01% |
1,188,711
-231,704
| -16% | -$1.44M |
|
2003
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.93B
| $6.69M | ﹤0.01% |
360,852
+137,831
| +62% | +$2.45M |
|
2004
Grab
GRAB
$14.8B
| $6.68M | ﹤0.01% |
1,982,627
-754
| -0% | -$2.44K |
|
2005
CALL
Cisco
CSCO
$440B
| $6.67M | ﹤0.01% |
132,100
+1,000
| +0.8% | +$51.1K |
|
2006
Regal Rexnord
RRX
$11.7B
| $6.66M | ﹤0.01% |
44,988
-18,901
| -30% | -$2.38M |
|
|
WNS
2007
DELISTED
WNS Holdings
WNS
| $6.66M | ﹤0.01% |
105,342
+4,543
| +5% | +$277K |
|
2008
Unitil
UTL
$995M
| $6.64M | ﹤0.01% |
126,249
+15,296
| +14% | +$740K |
|
2009
Modine Manufacturing
MOD
$11.1B
| $6.63M | ﹤0.01% |
111,050
+23,031
| +26% | +$1.13M |
|
2010
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.74B
| $6.63M | ﹤0.01% |
861,800
-80,042
| -8% | -$603K |
|
2011
iShares Morningstar Small-Cap Value ETF
ISCV
$712M
| $6.63M | ﹤0.01% |
111,891
-22,579
| -17% | -$1.19M |
|
|
DAY
2012
DELISTED
Dayforce
DAY
| $6.62M | ﹤0.01% |
98,624
-660,514
| -87% | -$45.1M |
|
2013
Tradeweb Markets
TW
$22.4B
| $6.61M | ﹤0.01% |
72,713
-38,179
| -34% | -$3.41M |
|
2014
Cemex
CX
$16B
| $6.6M | ﹤0.01% |
852,099
+12,325
| +1% | +$83.8K |
|
2015
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.33B
| $6.6M | ﹤0.01% |
541,600
-8,175
| -1% | -$94.6K |
|
2016
LeMaitre Vascular
LMAT
$1.88B
| $6.6M | ﹤0.01% |
116,217
+6,010
| +5% | +$315K |
|
|
2017
CALL
Cemex
CX
$16B
| $6.59M | ﹤0.01% |
850,000
+350,000
| +70% | +$2.38M |
|
|
JWN
2018
DELISTED
Nordstrom
JWN
| $6.59M | ﹤0.01% |
357,085
+180,810
| +103% | +$2.77M |
|
2019
Core & Main
CNM
$8.61B
| $6.59M | ﹤0.01% |
162,995
+20,348
| +14% | +$689K |
|
2020
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$892M
| $6.58M | ﹤0.01% |
167,993
+21,983
| +15% | +$792K |
|
2021
CALL
Comcast
CMCSA
$92.9B
| $6.58M | ﹤0.01% |
150,000
| – | – |
|
2022
CALL
Imperial Oil
IMO
$64.5B
| $6.58M | ﹤0.01% |
115,000
+75,000
| +188% | +$4.31M |
|
2023
WisdomTree International SmallCap Dividend Fund
DLS
$1.09B
| $6.57M | ﹤0.01% |
102,917
-82,707
| -45% | -$4.84M |
|
2024
Roku
ROKU
$23.4B
| $6.57M | ﹤0.01% |
71,635
-16,778
| -19% | -$1.4M |
|
2025
John B. Sanfilippo & Son
JBSS
$1.01B
| $6.56M | ﹤0.01% |
63,681
+17,418
| +38% | +$1.71M |
|
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.