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 | |
|---|---|---|---|---|---|---|
2026
Dimensional International Core Equity 2 ETF
DFIC
$15.3B
| $6.56M | ﹤0.01% |
256,890
+151,402
| +144% | +$3.6M |
|
2027
Perrigo
PRGO
$1.81B
| $6.54M | ﹤0.01% |
203,268
-7,290
| -3% | -$218K |
|
2028
PUT
Nucor
NUE
$61B
| $6.53M | ﹤0.01% |
+37,500
| New | +$5.95M |
|
2029
American Century Diversified Corporate Bond ETF
KORP
$898M
| $6.52M | ﹤0.01% |
140,209
-17,778
| -11% | -$799K |
|
2030
Dimensional US Targeted Value ETF
DFAT
$14.9B
| $6.52M | ﹤0.01% |
124,577
+20,000
| +19% | +$935K |
|
2031
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$269M
| $6.51M | ﹤0.01% |
211,338
+32,467
| +18% | +$972K |
|
2032
Adams Diversified Equity Fund
ADX
$3.28B
| $6.48M | ﹤0.01% |
365,808
+18,806
| +5% | +$319K |
|
2033
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $6.48M | ﹤0.01% |
67,731
-7,869
| -10% | -$640K |
|
2034
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $6.46M | ﹤0.01% |
308,330
-86,355
| -22% | -$1.69M |
|
2035
Zillow
ZG
$7.91B
| $6.44M | ﹤0.01% |
113,561
+24,561
| +28% | +$1.05M |
|
2036
Invesco S&P 500 Revenue ETF
RWL
$10B
| $6.43M | ﹤0.01% |
75,382
+2,231
| +3% | +$179K |
|
2037
CALL
Freeport-McMoran
FCX
$93.1B
| $6.42M | ﹤0.01% |
150,900
-266,600
| -64% | -$9.85M |
|
2038
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.26B
| $6.42M | ﹤0.01% |
265,330
-18,088
| -6% | -$413K |
|
|
X
2039
DELISTED
US Steel
X
| $6.41M | ﹤0.01% |
131,739
-33,364
| -20% | -$1.21M |
|
2040
Invesco Ultra Short Duration ETF
GSY
$3.88B
| $6.37M | ﹤0.01% |
127,700
+24,069
| +23% | +$1.2M |
|
2041
Jackson Financial
JXN
$9.17B
| $6.37M | ﹤0.01% |
124,328
+41,381
| +50% | +$1.82M |
|
2042
Coherent
COHR
$63.7B
| $6.36M | ﹤0.01% |
146,176
+1,186
| +0.8% | +$42.8K |
|
2043
Timken Company
TKR
$9.25B
| $6.36M | ﹤0.01% |
79,277
+8,628
| +12% | +$635K |
|
2044
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$636M
| $6.33M | ﹤0.01% |
150,208
-11,114
| -7% | -$422K |
|
2045
iShares Fallen Angels USD Bond ETF
FALN
$1.61B
| $6.33M | ﹤0.01% |
239,817
-59,886
| -20% | -$1.51M |
|
2046
iShares Future Exponential Technologies ETF
XT
$3.99B
| $6.33M | ﹤0.01% |
105,688
+11,538
| +12% | +$622K |
|
2047
CALL
FedEx
FDX
$79.2B
| $6.32M | ﹤0.01% |
25,000
| – | – |
|
2048
Virtus Reaves Utilities ETF
UTES
$1.33B
| $6.31M | ﹤0.01% |
141,289
+4,487
| +3% | +$193K |
|
2049
Artisan Partners
APAM
$2.99B
| $6.3M | ﹤0.01% |
142,646
+78,902
| +124% | +$2.98M |
|
2050
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $6.28M | ﹤0.01% |
237,138
+47,672
| +25% | +$1.18M |
|
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.