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Royal Bank of Canada

765 hedge funds and large institutions have $71.9B invested in Royal Bank of Canada in 2025 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 282 increasing their positions, 239 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 239

16% more call options, than puts

Call options by funds: $748M | Put options by funds: $644M

0.28% more ownership

Funds ownership: 44.78%45.06% (+0.28%)

4% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 71

1% less funds holding

Funds holding: 776765 (-11)

6% less capital invested

Capital invested by funds: $76.5B → $71.9B (-$4.61B)

9% less funds holding in top 10

Funds holding in top 10: 5550 (-5)

Holders
765
Holders Change
-11
Holders Change %
-1.42%
% of All Funds
10.26%
Holding in Top 10
50
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-9.09%
% of All Funds
0.67%
New
68
Increased
282
Reduced
239
Closed
71
Calls
$748M
Puts
$644M
Net Calls
+$105M
Net Calls Change
-$141M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$8.14B -$153M -1,301,998 -2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$7.84B +$289M +2,456,631 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.05B +$399M +3,387,971 +6%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$3.55B +$32.7M +277,466 +0.9%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$3.02B +$20.7M +175,512 +0.7%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$2.61B -$8.94M -75,914 -0.3%
Fidelity International
7
Fidelity International
Bermuda
$2.41B -$104M -886,002 -4%
Norges Bank
8
Norges Bank
Norway
$2.23B -$43M -364,778 -2%
National Bank of Canada
9
National Bank of Canada
Quebec, Canada
$2.1B +$44.6M +378,379 +2%
Bank of Nova Scotia
10
Bank of Nova Scotia
Ontario, Canada
$1.89B +$147M +1,249,589 +8%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$1.87B -$33M -280,491 -2%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$1.73B -$116M -985,822 -6%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$1.63B +$296M +2,514,535 +21%
FDCDDQ
14
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.42B +$49.5M +420,466 +3%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$1.41B -$103M -872,083 -7%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.29B +$37.6M +319,270 +3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$1.08B +$127M +1,082,030 +13%
SC
18
Scotia Capital
Ontario, Canada
$1B +$3.91M +33,183 +0.4%
Legal & General Group
19
Legal & General Group
United Kingdom
$949M +$24.4M +207,446 +3%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$937M -$377M -3,199,465 -28%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$860M +$44.9M +380,953 +5%
Goldman Sachs
22
Goldman Sachs
New York
$796M +$470M +3,990,839 +130%
BGC
23
Beutel, Goodman & Co
Ontario, Canada
$766M -$77.1M -654,570 -9%
JP Morgan Chase
24
JP Morgan Chase
New York
$728M +$32M +271,531 +4%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$715M +$382M +3,244,266 +105%

RY Hedge Fund Activity: Q1 2025 in Review

765 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Royal Bank of Canada (RY) for Q1 2025, worth a combined $71.9B — down 6% from $76.5B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of RY and 68 opened new positions — a net loss of 3 holders — while 239 trimmed existing stakes and 282 added.

The largest buyer was Goldman Sachs, adding an estimated $470M. The largest seller was Capital World Investors, cutting an estimated $687M.

  • 765 institutional investors held Royal Bank of Canada (RY) as of Q1 2025, down from 776 in Q4 2024.
  • Funds reported $71.9B of Royal Bank of Canada stock for Q1 2025, down 6% quarter-over-quarter.
  • 68 funds opened new Royal Bank of Canada positions in Q1 2025 and 71 closed out, a net change of -3 holders.
  • The largest Royal Bank of Canada buyer in Q1 2025 was Goldman Sachs, an estimated $470M added.
  • The largest Royal Bank of Canada seller in Q1 2025 was Capital World Investors, an estimated $687M sold.

Based on aggregated 13F filings for Q1 2025.