Royal Bank of Canada
650 hedge funds and large institutions have $58.8B invested in Royal Bank of Canada in 2023 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 200 increasing their positions, 220 reducing their positions, and 57 closing their positions.
48% more call options, than puts
Call options by funds: $783M | Put options by funds: $531M
18% more capital inflows, than outflows
Capital inflows: $2B | Capital outflows: $1.7B
2% more funds holding in top 10
Funds holding in top 10: 50 → 51 (+1)
0.23% more ownership
Funds ownership: 43.9% → 44.13% (+0.23%)
9% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 220
2% less funds holding
Funds holding: 664 → 650 (-14)
14% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$459M |
| 2 |
MUFG Securities EMEA
London,
United Kingdom
|
+$245M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$200M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$107M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$80.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$283M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$247M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$242M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$147M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$116M |
RY Hedge Fund Activity: Q2 2023 in Review
650 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Royal Bank of Canada (RY) for Q2 2023, worth a combined $58.8B — down 3.7% from $61.1B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of RY and 49 opened new positions — a net loss of 8 holders — while 220 trimmed existing stakes and 200 added.
The largest buyer was Bank of Montreal, adding an estimated $459M. The largest seller was Bank of Nova Scotia, cutting an estimated $283M.
- 650 institutional investors held Royal Bank of Canada (RY) as of Q2 2023, down from 664 in Q1 2023.
- Funds reported $58.8B of Royal Bank of Canada stock for Q2 2023, down 3.7% quarter-over-quarter.
- 49 funds opened new Royal Bank of Canada positions in Q2 2023 and 57 closed out, a net change of -8 holders.
- The largest Royal Bank of Canada buyer in Q2 2023 was Bank of Montreal, an estimated $459M added.
- The largest Royal Bank of Canada seller in Q2 2023 was Bank of Nova Scotia, an estimated $283M sold.
Based on aggregated 13F filings for Q2 2023.