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 | |
|---|---|---|---|---|---|---|
|
IBHE
2301
DELISTED
iShares iBonds 2025 Term High Yield and Income ETF
IBHE
| $4.13M | ﹤0.01% |
176,579
-5,534
| -3% | -$129K |
|
2302
iShares Core US REIT ETF
USRT
$4.64B
| $4.13M | ﹤0.01% |
76,713
-94,029
| -55% | -$4.98M |
|
2303
Valmont Industries
VMI
$9.56B
| $4.13M | ﹤0.01% |
18,076
-382
| -2% | -$85.5K |
|
2304
Coca-Cola Femsa
KOF
$22.9B
| $4.12M | ﹤0.01% |
42,335
-78,268
| -65% | -$7.49M |
|
2305
Invesco S&P SmallCap Low Volatility ETF
XSLV
$250M
| $4.12M | ﹤0.01% |
93,081
-1,188
| -1% | -$51.4K |
|
2306
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.13B
| $4.12M | ﹤0.01% |
49,600
-14,694
| -23% | -$1.18M |
|
|
SRCL
2307
DELISTED
Stericycle Inc
SRCL
| $4.11M | ﹤0.01% |
77,976
+6,475
| +9% | +$326K |
|
|
RFMZ
2308
RiverNorth Flexible Municipal Income Fund II
RFMZ
$326M
| $4.11M | ﹤0.01% |
293,003
+21,599
| +8% | +$299K |
|
2309
Copa Holdings
CPA
$6.14B
| $4.11M | ﹤0.01% |
39,438
+10,403
| +36% | +$1.03M |
|
2310
Flywire
FLYW
$2.29B
| $4.1M | ﹤0.01% |
165,204
+25,682
| +18% | +$600K |
|
2311
KFA Mount Lucas Managed Futures Index Strategy ETF
KMLM
$418M
| $4.09M | ﹤0.01% |
136,890
-7,182
| -5% | -$209K |
|
|
IFN
2312
Aberdeen India Fund
IFN
$507M
| $4.09M | ﹤0.01% |
199,786
+21,305
| +12% | +$420K |
|
2313
Knight Transportation
KNX
$11.8B
| $4.09M | ﹤0.01% |
74,276
-72,217
| -49% | -$4.07M |
|
2314
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.96B
| $4.08M | ﹤0.01% |
209,857
-15,331
| -7% | -$292K |
|
2315
Carlyle Secured Lending
CGBD
$781M
| $4.08M | ﹤0.01% |
250,476
+30,154
| +14% | +$472K |
|
|
ETG
2316
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.86B
| $4.05M | ﹤0.01% |
221,810
-38,579
| -15% | -$680K |
|
|
DOO
2317
PUT
Bombardier Recreational Products
DOO
$4.73B
| $4.05M | ﹤0.01% |
60,300
-14,100
| -19% | -$930K |
|
2318
TD Synnex
SNX
$20.7B
| $4.05M | ﹤0.01% |
35,776
+35,046
| +4,801% | +$3.64M |
|
2319
Pilgrim's Pride
PPC
$6.64B
| $4.02M | ﹤0.01% |
117,124
-11,419
| -9% | -$342K |
|
2320
WisdomTree International SmallCap Dividend Fund
DLS
$1.09B
| $4.01M | ﹤0.01% |
61,485
-41,432
| -40% | -$2.63M |
|
2321
ADT
ADT
$5.47B
| $4M | ﹤0.01% |
595,603
-25,506
| -4% | -$169K |
|
2322
Cohen & Steers
CNS
$4.36B
| $3.99M | ﹤0.01% |
51,874
-817
| -2% | -$58.3K |
|
2323
First Trust California Municipal High income ETF
FCAL
$220M
| $3.98M | ﹤0.01% |
80,226
+19,031
| +31% | +$947K |
|
2324
Robinhood
HOOD
$85.9B
| $3.98M | ﹤0.01% |
197,749
-50,657
| -20% | -$710K |
|
2325
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $3.98M | ﹤0.01% |
174,945
-133,385
| -43% | -$2.82M |
|
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.