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Royal Bank of Canada

641 hedge funds and large institutions have $55.2B invested in Royal Bank of Canada in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 195 increasing their positions, 231 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more call options, than puts

Call options by funds: $830M | Put options by funds: $572M

1.06% more ownership

Funds ownership: 44.13%45.18% (+1.1%)

5% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 55

1% less funds holding

Funds holding: 649641 (-8)

2% less funds holding in top 10

Funds holding in top 10: 5150 (-1)

6% less capital invested

Capital invested by funds: $58.8B → $55.2B (-$3.6B)

16% less repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 231

Holders
641
Holders Change
-8
Holders Change %
-1.23%
% of All Funds
10.17%
Holding in Top 10
50
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-1.96%
% of All Funds
0.79%
New
52
Increased
195
Reduced
231
Closed
55
Calls
$830M
Puts
$572M
Net Calls
+$258M
Net Calls Change
+$5.67M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$8.12B +$1.05B +11,340,539 +15%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$6.56B +$672K +7,224 +0%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.65B +$66.8M +717,971 +1%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$2.35B +$1.84M +19,789 +0.1%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$2.33B +$285M +3,062,038 +13%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$2.1B -$90.6M -973,912 -4%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$2.08B +$55.5M +597,181 +3%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$1.66B +$74.1M +797,146 +4%
Fidelity International
9
Fidelity International
Bermuda
$1.61B -$141M -1,512,509 -8%
Norges Bank
10
Norges Bank
Norway
$1.6B +$40.5M +435,161 +2%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$1.53B -$33.3M -357,811 -2%
Toronto Dominion Bank
12
Toronto Dominion Bank
Ontario, Canada
$1.46B -$6.84M -73,509 -0.4%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$1.09B +$9.93M +106,757 +0.9%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$1.05B -$194M -2,086,134 -15%
BGC
15
Beutel, Goodman & Co
Ontario, Canada
$971M +$9.11M +97,895 +0.9%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$930M +$15.5M +166,968 +2%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$865M +$22.1M +237,410 +2%
SC
18
Scotia Capital
Ontario, Canada
$743M +$9.9M +106,461 +1%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$733M -$6.74M -72,412 -0.9%
Legal & General Group
20
Legal & General Group
United Kingdom
$686M +$34.1M +366,087 +5%
TWC
21
TD Waterhouse Canada
Ontario, Canada
$641M +$15.9M +170,470 +3%
JP Morgan Chase
22
JP Morgan Chase
New York
$516M +$9.84M +105,776 +2%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$440M +$15.4M +165,937 +3%
Goldman Sachs
24
Goldman Sachs
New York
$426M +$151M +1,624,227 +50%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$383M +$19.1M +205,658 +5%

RY Hedge Fund Activity: Q3 2023 in Review

641 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Royal Bank of Canada (RY) for Q3 2023, worth a combined $55.2B — down 6.1% from $58.8B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of RY and 52 opened new positions — a net loss of 3 holders — while 231 trimmed existing stakes and 195 added.

The largest buyer was Bank of Montreal, adding an estimated $1.05B. The largest seller was MUFG Securities EMEA, exiting entirely with an estimated $325M sold.

  • 641 institutional investors held Royal Bank of Canada (RY) as of Q3 2023, down from 649 in Q2 2023.
  • Funds reported $55.2B of Royal Bank of Canada stock for Q3 2023, down 6.1% quarter-over-quarter.
  • 52 funds opened new Royal Bank of Canada positions in Q3 2023 and 55 closed out, a net change of -3 holders.
  • The largest Royal Bank of Canada buyer in Q3 2023 was Bank of Montreal, an estimated $1.05B added.
  • The largest Royal Bank of Canada seller in Q3 2023 was MUFG Securities EMEA, an estimated $325M sold.

Based on aggregated 13F filings for Q3 2023.