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 | |
|---|---|---|---|---|---|---|
2451
Noble Corp
NE
$7.2B
| $3.39M | ﹤0.01% |
69,917
-32,640
| -32% | -$1.47M |
|
|
SCHQ
2452
Schwab Long-Term US Treasury ETF
SCHQ
$793M
| $3.38M | ﹤0.01% |
100,096
-60,977
| -38% | -$2.05M |
|
2453
Direxion Auspice Broad Commodity Strategy ETF
COM
$209M
| $3.37M | ﹤0.01% |
119,167
+6,115
| +5% | +$171K |
|
2454
CALL
Alibaba
BABA
$297B
| $3.37M | ﹤0.01% |
46,500
-354,500
| -88% | -$26M |
|
|
FUND
2455
Sprott Focus Trust
FUND
$320M
| $3.36M | ﹤0.01% |
418,357
+17,609
| +4% | +$136K |
|
2456
CALL
Lindblad Expeditions
LIND
$2.2B
| $3.36M | ﹤0.01% |
+360,000
| New | +$3.31M |
|
2457
MACOM Technology Solutions
MTSI
$24.2B
| $3.36M | ﹤0.01% |
35,114
-16,131
| -31% | -$1.43M |
|
2458
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.78B
| $3.35M | ﹤0.01% |
207,671
+69,849
| +51% | +$1.13M |
|
2459
iShares US Transportation ETF
IYT
$2.28B
| $3.35M | ﹤0.01% |
47,505
-2,331
| -5% | -$158K |
|
|
DCBO
2460
Docebo
DCBO
$584M
| $3.34M | ﹤0.01% |
68,199
-22,674
| -25% | -$1.09M |
|
2461
American States Water
AWR
$3.53B
| $3.33M | ﹤0.01% |
46,144
+6,414
| +16% | +$478K |
|
2462
CALL
Coherent
COHR
$63.7B
| $3.33M | ﹤0.01% |
55,000
| – | – |
|
|
INFA
2463
DELISTED
Informatica
INFA
| $3.32M | ﹤0.01% |
94,905
+31,911
| +51% | +$1M |
|
2464
BlackRock Multi-Sector Income Trust
BIT
$694M
| $3.32M | ﹤0.01% |
208,992
-11,320
| -5% | -$174K |
|
2465
CALL
CGI
GIB
$15.2B
| $3.31M | ﹤0.01% |
30,000
| – | – |
|
|
2466
PUT
CGI
GIB
$15.2B
| $3.31M | ﹤0.01% |
30,000
| – | – |
|
2467
Atlantic Union Bankshares
AUB
$6.12B
| $3.31M | ﹤0.01% |
93,878
-27,239
| -22% | -$936K |
|
|
SUM
2468
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.31M | ﹤0.01% |
74,311
-41,559
| -36% | -$1.64M |
|
2469
Avnet
AVT
$7.86B
| $3.31M | ﹤0.01% |
66,715
-9,487
| -12% | -$444K |
|
2470
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $3.31M | ﹤0.01% |
59,514
-2,048
| -3% | -$108K |
|
2471
Nuveen Variable Rate Preferred & Income Fund
NPFD
$450M
| $3.31M | ﹤0.01% |
184,520
+6,048
| +3% | +$104K |
|
2472
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.18B
| $3.3M | ﹤0.01% |
45,486
+6,455
| +17% | +$441K |
|
2473
Invesco Financial Preferred ETF
PGF
$668M
| $3.27M | ﹤0.01% |
214,727
-107,456
| -33% | -$1.62M |
|
|
FINS
2474
Angel Oak Financial Strategies Income Term Trust
FINS
$423M
| $3.27M | ﹤0.01% |
261,939
+32,311
| +14% | +$395K |
|
2475
Fastly Inc
FSLY
$4.77B
| $3.27M | ﹤0.01% |
252,064
-8,162
| -3% | -$138K |
|
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.