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 | |
|---|---|---|---|---|---|---|
2401
Talos Energy
TALO
$2.63B
| $6.01M | ﹤0.01% |
708,448
+679,858
| +2,378% | +$5.45M |
|
2402
Franklin FTSE Europe ETF
FLEE
$120M
| $6M | ﹤0.01% |
179,203
+179,113
| +199,014% | +$5.81M |
|
2403
Kennametal
KMT
$2.38B
| $6M | ﹤0.01% |
261,298
+230,824
| +757% | +$4.81M |
|
2404
iShares Global Energy ETF
IXC
$2.77B
| $6M | ﹤0.01% |
152,700
-139,973
| -48% | -$5.37M |
|
2405
Avantis International Small Cap Value ETF
AVDV
$20B
| $6M | ﹤0.01% |
75,627
+20,294
| +37% | +$1.5M |
|
2406
Schwab US Mid-Cap ETF
SCHM
$15.4B
| $5.98M | ﹤0.01% |
213,256
+59,004
| +38% | +$1.56M |
|
2407
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.26B
| $5.96M | ﹤0.01% |
266,125
-10,047
| -4% | -$226K |
|
2408
First American
FAF
$7.54B
| $5.95M | ﹤0.01% |
96,984
+56,345
| +139% | +$3.34M |
|
2409
BlackRock Health Sciences Trust II
BMEZ
$1B
| $5.94M | ﹤0.01% |
416,629
-1,177,528
| -74% | -$16.8M |
|
2410
Ambev
ABEV
$43.2B
| $5.94M | ﹤0.01% |
2,464,513
+123,942
| +5% | +$302K |
|
2411
Suzano
SUZ
$9.99B
| $5.92M | ﹤0.01% |
628,608
+566,413
| +911% | +$5.19M |
|
2412
Shinhan Financial Group
SHG
$35.4B
| $5.89M | ﹤0.01% |
130,411
+4,194
| +3% | +$160K |
|
2413
Schwab International Small-Cap Equity ETF
SCHC
$5.71B
| $5.89M | ﹤0.01% |
138,327
-14,080
| -9% | -$545K |
|
2414
iShares U.S. Carbon Transition Readiness Aware Active ETF
LCTU
$1.26B
| $5.88M | ﹤0.01% |
87,425
+2,153
| +3% | +$134K |
|
2415
Assured Guaranty
AGO
$3.38B
| $5.88M | ﹤0.01% |
67,502
+8,492
| +14% | +$723K |
|
|
ARTY
2416
iShares Future AI & Tech ETF
ARTY
$4.04B
| $5.87M | ﹤0.01% |
143,082
+12,616
| +10% | +$441K |
|
2417
CALL
Eldorado Gold
EGO
$10.4B
| $5.86M | ﹤0.01% |
+288,300
| New | +$5.61M |
|
2418
Invesco Dividend Achievers ETF
PFM
$810M
| $5.86M | ﹤0.01% |
121,712
-1,455
| -1% | -$66.4K |
|
2419
First Trust Small Cap Value AlphaDEX Fund
FYT
$202M
| $5.85M | ﹤0.01% |
116,042
+8,867
| +8% | +$426K |
|
2420
California Water Service
CWT
$3.12B
| $5.85M | ﹤0.01% |
128,524
+103,076
| +405% | +$4.93M |
|
|
NBXG
2421
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.25B
| $5.85M | ﹤0.01% |
400,441
-146,065
| -27% | -$1.87M |
|
|
NFJ
2422
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.45B
| $5.84M | ﹤0.01% |
471,137
+12,084
| +3% | +$143K |
|
2423
VictoryShares US 500 Volatility Wtd ETF
CFA
$556M
| $5.83M | ﹤0.01% |
66,342
+2,691
| +4% | +$226K |
|
|
STXF
2424
Strive 500 ETF
STXF
$1.17B
| $5.83M | ﹤0.01% |
145,664
-32,769
| -18% | -$1.21M |
|
2425
Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
$58.9M
| $5.83M | ﹤0.01% |
+152,413
| New | +$5.41M |
|
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 523 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 523 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.