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 | |
|---|---|---|---|---|---|---|
2426
Fidelity Quality Factor ETF
FQAL
$1.46B
| $3.49M | ﹤0.01% |
59,190
+53,840
| +1,006% | +$3.03M |
|
2427
Teekay Tankers
TNK
$2.95B
| $3.49M | ﹤0.01% |
59,685
-8,100
| -12% | -$458K |
|
2428
Kyndryl
KD
$2.87B
| $3.48M | ﹤0.01% |
160,163
-50,350
| -24% | -$1.07M |
|
2429
Bank OZK
OZK
$5.72B
| $3.48M | ﹤0.01% |
76,613
-1,705
| -2% | -$76.3K |
|
2430
Brinker International
EAT
$10.2B
| $3.48M | ﹤0.01% |
70,021
-5,091
| -7% | -$225K |
|
2431
JD.com
JD
$39.2B
| $3.48M | ﹤0.01% |
127,014
-28,516
| -18% | -$698K |
|
2432
PC Connection
CNXN
$2.05B
| $3.48M | ﹤0.01% |
52,723
+24,923
| +90% | +$1.63M |
|
2433
First Trust Multi Cap Value AlphaDEX Fund
FAB
$178M
| $3.48M | ﹤0.01% |
42,066
-648
| -2% | -$50.4K |
|
|
CNR
2434
Core Natural Resources Inc
CNR
$4.76B
| $3.47M | ﹤0.01% |
41,472
-71,044
| -63% | -$6.34M |
|
2435
Privia Health
PRVA
$2.81B
| $3.45M | ﹤0.01% |
176,133
+3,582
| +2% | +$75.7K |
|
2436
Qiagen
QGEN
$8.87B
| $3.45M | ﹤0.01% |
77,951
+65,285
| +515% | +$2.98M |
|
2437
Invesco S&P 500 Pure Value ETF
RPV
$1.75B
| $3.44M | ﹤0.01% |
38,955
+7,404
| +23% | +$613K |
|
2438
Organon & Co
OGN
$3.6B
| $3.44M | ﹤0.01% |
182,656
-25,506
| -12% | -$438K |
|
2439
Invesco S&P 100 Equal Weight ETF
EQWL
$2.8B
| $3.42M | ﹤0.01% |
36,092
+11,467
| +47% | +$1.04M |
|
2440
Griffon
GFF
$4.72B
| $3.42M | ﹤0.01% |
46,692
-7,393
| -14% | -$483K |
|
|
DMO
2441
Western Asset Mortgage Opportunity Fund
DMO
$120M
| $3.42M | ﹤0.01% |
292,082
+22,208
| +8% | +$253K |
|
2442
ARK Web x.0 ETF
ARKW
$1.8B
| $3.42M | ﹤0.01% |
41,053
-87,693
| -68% | -$6.65M |
|
2443
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.69B
| $3.41M | ﹤0.01% |
280,972
-20,668
| -7% | -$246K |
|
|
PROF
2444
Profound Medical
PROF
$241M
| $3.41M | ﹤0.01% |
400,126
-33
| -0% | -$275 |
|
2445
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $3.41M | ﹤0.01% |
73,345
-60,234
| -45% | -$2.81M |
|
2446
Global X MSCI Norway ETF
NORW
$89.4M
| $3.4M | ﹤0.01% |
138,530
+2,015
| +1% | +$49K |
|
2447
VanEck Long Muni ETF
MLN
$681M
| $3.4M | ﹤0.01% |
188,639
+8,359
| +5% | +$151K |
|
|
ENLC
2448
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.4M | ﹤0.01% |
249,004
+1,245
| +0.5% | +$15.4K |
|
2449
MarineMax
HZO
$1.15B
| $3.39M | ﹤0.01% |
101,994
-4,957
| -5% | -$159K |
|
2450
CALL
Allstate
ALL
$66.1B
| $3.39M | ﹤0.01% |
+19,600
| New | +$3.09M |
|
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.