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 | |
|---|---|---|---|---|---|---|
2001
CALL
Dropbox
DBX
$7.48B
| $10.3M | ﹤0.01% |
360,600
+70,900
| +24% | +$2.01M |
|
2002
Denison Mines
DNN
$2.92B
| $10.3M | ﹤0.01% |
5,664,155
+1,346,417
| +31% | +$2.04M |
|
2003
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.6M
| $10.3M | ﹤0.01% |
584,213
+56,687
| +11% | +$990K |
|
|
SAND
2004
DELISTED
Sandstorm Gold
SAND
| $10.3M | ﹤0.01% |
1,094,861
+1,029,335
| +1,571% | +$8.81M |
|
2005
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.12B
| $10.3M | ﹤0.01% |
199,907
+40,225
| +25% | +$2.05M |
|
2006
Curtiss-Wright
CW
$25.8B
| $10.3M | ﹤0.01% |
21,010
+1,726
| +9% | +$681K |
|
|
DCBO
2007
Docebo
DCBO
$584M
| $10.3M | ﹤0.01% |
354,228
+195,888
| +124% | +$5.56M |
|
2008
Stevanato
STVN
$5.75B
| $10.3M | ﹤0.01% |
419,604
-17,680
| -4% | -$400K |
|
2009
Mine Safety
MSA
$7.3B
| $10.2M | ﹤0.01% |
61,144
+13,753
| +29% | +$2.15M |
|
2010
Tandem Diabetes Care
TNDM
$1.58B
| $10.2M | ﹤0.01% |
549,542
+337,876
| +160% | +$6.69M |
|
|
CSW
2011
CSW Industrials
CSW
$5.62B
| $10.2M | ﹤0.01% |
35,690
-17,681
| -33% | -$5.34M |
|
2012
Eagle Materials
EXP
$6.4B
| $10.2M | ﹤0.01% |
50,637
-861
| -2% | -$186K |
|
2013
PUT
SLB Ltd
SLB
$79.8B
| $10.2M | ﹤0.01% |
302,400
-137,600
| -31% | -$4.77M |
|
2014
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $10.2M | ﹤0.01% |
104,470
-32,579
| -24% | -$2.75M |
|
2015
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $10.2M | ﹤0.01% |
197,958
-6,814
| -3% | -$344K |
|
|
FAX
2016
abrdn Asia-Pacific Income Fund
FAX
$599M
| $10.2M | ﹤0.01% |
639,553
+57,664
| +10% | +$892K |
|
2017
Gulfport Energy Corp
GPOR
$3.01B
| $10.2M | ﹤0.01% |
50,510
+47,541
| +1,601% | +$8.86M |
|
2018
Sabra Healthcare REIT
SBRA
$5.19B
| $10.1M | ﹤0.01% |
549,396
+22,572
| +4% | +$401K |
|
2019
Arrow Electronics
ARW
$10.9B
| $10.1M | ﹤0.01% |
79,387
+42,634
| +116% | +$4.9M |
|
|
PDS
2020
Precision Drilling
PDS
$1.09B
| $10.1M | ﹤0.01% |
213,720
+117,557
| +122% | +$5.23M |
|
|
EUAD
2021
Select STOXX Europe Aerospace & Defense ETF
EUAD
$1.26B
| $10.1M | ﹤0.01% |
233,776
+224,386
| +2,390% | +$8.4M |
|
|
EMO
2022
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.07B
| $10.1M | ﹤0.01% |
210,158
-44,955
| -18% | -$2.06M |
|
2023
iShares MSCI Pacific ex Japan ETF
EPP
$2.24B
| $10.1M | ﹤0.01% |
203,991
+94,912
| +87% | +$4.42M |
|
2024
Spectrum Brands
SPB
$2.07B
| $10M | ﹤0.01% |
189,338
-768
| -0.4% | -$45.8K |
|
2025
JPMorgan BetaBuilders Europe ETF
BBEU
$9.52B
| $10M | ﹤0.01% |
148,561
+123,745
| +499% | +$8M |
|
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.