Institutions
ROYAL BANK OF CANADA

ROYAL BANK OF CANADA

Bank

CIK

1000275

Location

TORONTO, A6

Portfolio Value

Large $34,494,876,829

Diversification

Diversified

Filing Date

Global Rank

#24 / 8,545 ▼ 1

Top Industry

Banks - Diversified 13.0%

Period ended 2 months ago

Filed May 15, 2026 · 15d

52 quarters · since Jun 2013

Portfolio Concentration

4,501 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.7%

−0.4 pts

Top 5

16.8%

−1.3 pts

Top 10

26.9%

−1.9 pts

HHI

113

Diversified −10

Portfolio Trend

52 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	21.3%	$98,421,318,040	993
Technology	20.4%	$94,203,312,426	596
Energy	9.4%	$43,467,223,035	212
Industrials	9.0%	$41,656,368,291	527
Healthcare	7.5%	$34,888,118,390	769
Consumer Cyclical	7.5%	$34,494,876,829	426
Communication Services	6.4%	$29,542,693,189	177
Unclassified	5.6%	$26,006,167,663	65
Basic Materials	4.3%	$19,936,253,044	237
Consumer Defensive	4.3%	$19,888,838,036	176
Utilities	3.1%	$14,547,731,966	100
Real Estate	1.2%	$5,403,112,267	223

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CNQ	Canadian Natural Resources Ltd	+10,410,350	137,858,050	$6,717,822,769
CSX	Csx Corp	+8,464,684	19,867,881	$815,576,508
COP	Conocophillips	+5,528,406	9,600,043	$1,267,205,676
CTVA	Corteva, Inc.	+4,989,371	7,458,624	$624,361,408
BIP	Brookfield Infrastructure Partners L.P.	+3,956,228	53,709,634	$1,939,991,973
KVUE	Kenvue Inc.	+3,952,444	8,979,296	$154,803,059
B	Barrick Mining Corp	+3,881,841	39,598,520	$1,615,223,624
WMT	Walmart Inc.	+3,124,181	29,542,734	$3,671,570,975
NKE	NIKE, Inc.	+3,115,699	11,512,122	$608,070,277
AU	AngloGold Ashanti PLC	+3,095,530	3,626,228	$353,049,554
IONS	Ionis Pharmaceuticals Inc	+2,610,818	3,801,815	$285,478,282
HDB	Hdfc Bank Ltd	+2,520,716	42,418,483	$1,055,371,852
RCI	Rogers Communications Inc	+2,389,860	39,364,296	$1,513,557,173
ODV	Osisko Development Corp.	+2,354,949	2,356,164	$7,657,531
CCL	Carnival Corp Ltd.	+2,294,249	12,956,282	$335,308,575
KGC	Kinross Gold Corp	+2,285,457	32,646,120	$996,359,577
BHC	Bausch Health Companies Inc.	+2,262,894	11,363,498	$61,362,887
BCE	Bce Inc	+2,209,440	79,172,680	$1,998,318,438
BMO	Bank Of Montreal /Can/	+2,205,371	58,547,042	$7,923,756,660
AQN	Algonquin Power & Utilities Corp.	+2,165,336	20,744,242	$127,369,644
SNOW	Snowflake Inc.	+2,100,519	3,234,136	$487,772,383
WM	Waste Management Inc	+2,082,187	4,464,042	$1,025,792,204
SHOP	Shopify Inc.	+2,031,445	21,928,696	$2,601,181,913
KO	Coca Cola Co	+1,861,587	29,038,443	$2,208,373,581
JPC	Nuveen Preferred & Income Opportunities Fund	+1,751,478	2,881,952	$21,729,917
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TU	Telus Corp	−25,832,241	128,863,948	$1,653,324,449
MFC	Manulife Financial Corp	−24,173,919	117,192,490	$4,036,109,351
BNS	Bank Of Nova Scotia	−17,783,975	90,258,668	$6,255,828,273
NVDA	Nvidia Corp	−10,774,705	99,020,851	$17,269,236,408
ENB	Enbridge Inc	−10,065,370	109,433,547	$5,924,732,230
CSCO	Cisco Systems, Inc.	−7,017,536	21,761,566	$1,688,479,899
TD	Toronto Dominion Bank	−6,981,076	119,089,618	$11,112,252,248
CVE	Cenovus Energy Inc.	−6,818,462	41,301,774	$1,095,736,058
TRP	Tc Energy Corp	−6,711,028	92,342,983	$5,780,670,730
GRAB	Grab Holdings Ltd	−6,596,385	1,710,131	$6,259,076
AHR	American Healthcare REIT, Inc.	−5,877,096	284,453	$13,414,802
SLF	Sun Life Financial Inc	−5,191,365	44,118,268	$2,760,038,842
SOFI	SoFi Technologies, Inc.	−5,148,193	9,455,831	$150,158,593
CMCSA	Comcast Corp	−5,123,487	8,069,749	$231,682,487
PBA	Pembina Pipeline Corp	−4,740,354	40,879,515	$1,829,767,086
INTC	Intel Corp	−4,625,992	15,549,023	$686,178,378
BTG	B2gold Corp	−4,584,625	559,908	$2,536,381
AMZN	Amazon Com Inc	−4,422,429	47,665,317	$9,927,255,560
AAPL	Apple Inc.	−3,758,820	68,105,349	$17,284,456,516
BX	Blackstone Inc.	−3,665,731	4,762,675	$547,659,993
WFC	Wells Fargo & Company/Mn	−3,240,798	11,182,477	$890,236,987
UNH	Unitedhealth Group Inc	−3,198,944	5,320,148	$1,439,578,838
CM	Canadian Imperial Bank Of Commerce /Can/	−3,185,270	74,323,947	$7,042,193,974
GOOGL	Alphabet Inc.	−3,116,668	35,639,564	$10,248,513,015
CNK	Cinemark Holdings, Inc.	−2,396,987	5,891	$168,011
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	10,386,455	$2,048,416,647
SUNB	Sunbelt Rentals Holdings, Inc.	7,144,038	$465,005,425
MDA	MDA Space Ltd.	3,471,329	$87,894,048
AMCR	Amcor plc	1,728,266	$68,698,570
PNFP	Pinnacle Financial Partners, Inc.	205,064	$17,664,210
FPS	Forgent Power Solutions, Inc.	437,585	$12,808,111
DFTX	Definium Therapeutics, Inc.	97,192	$1,836,928
AWP	abrdn Global Premier Properties Fund	118,292	$1,307,125
QGEN	Qiagen N.V.	27,957	$1,119,395
CEE	Central & Eastern Europe Fund, Inc.	56,629	$1,036,310
INDV	Indivior Pharmaceuticals, Inc.	30,332	$924,517
YSS	York Space Systems Inc.	38,296	$849,022
ASST	Strive, Inc.	83,607	$837,740
NGEN	Nervgen Pharma Corp.	171,961	$648,292
INFQ	Infleqtion, Inc.	63,302	$620,992
QNC	Quantum eMotion Corp	262,496	$601,115
OPTX	Syntec Optics Holdings, Inc.	73,348	$515,636
RNA	Atrium Therapeutics, Inc.	35,698	$477,281
EQPT	EquipmentShare.com Inc	20,241	$412,309
JAN	Janus Living, Inc.	10,945	$257,973
ANNA	AleAnna, Inc.	29,247	$242,457
LIFE	Ethos Technologies Inc.	21,600	$241,272
OFRM	Once Upon a Farm, PBC	14,554	$237,957
ALOV	Aldabra 4 Liquidity Opportunity Vehicle, Inc.	22,200	$218,226
MLAA	Mountain Lake Acquisition Corp. II	14,800	$145,780
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GRTUF	Granite Real Estate Investment Trust	5,048,548	$298,823,553
BBUC	Brookfield Business Corp	441,271	$15,832,801
EXAS	EXACT SCIENCES CORP	82,548	$8,383,573
BXMX	Nuveen S&P 500 BuyWrite Income Fund	461,647	$6,786,210
EVT	Eaton Vance Tax-Advantaged Dividend Income Fund	223,583	$5,629,819
FFA	First Trust Enhanced Equity Income Fund	244,831	$5,391,178
HFRO	Highland Opportunities & Income Fund	667,601	$3,992,253
NGD	New Gold Inc. /FI	325,410	$2,834,319
EFT	Eaton Vance Floating-Rate Income Trust	187,113	$2,112,505
PIPR	Piper Sandler Companies	22,887	$1,943,732
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	92,820	$1,416,431
PLOW	Douglas Dynamics, Inc	39,875	$1,301,917
XFLT	XAI Octagon Floating Rate & Alternative Income Trust	37,009	$888,216
TRTX	TPG RE Finance Trust, Inc.	90,818	$781,941
TGNA	TEGNA INC	38,470	$746,699
BWMN	Bowman Consulting Group Ltd.	22,241	$734,396
PPT	Putnam Premier Income Trust	185,488	$656,627
FUBO	FuboTV Inc.	10,496	$317,398
AGL	agilon health, inc.	18,264	$314,596
ADV	Advantage Solutions Inc.	14,207	$312,554
COOK	Traeger, Inc.	4,966	$268,164
INV	Innventure, Inc.	60,815	$254,205
LEO	Bny Mellon Strategic Municipals, Inc.	26,738	$170,053
WLKP	Westlake Chemical Partners LP	7,749	$147,231
LWAC	LightWave Acquisition Corp.	13,686	$137,270
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

426 positions · $34,494,876,829 total · Consumer Cyclical only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 426 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	47,665,317	-4,422,429	$9,927,255,560	−17.4%	28.78%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	8,328,710	-1,185,104	$3,096,197,937	−27.6%	8.98%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	7,679,911	-253,061	$2,525,845,918	−7.5%	7.32%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	6,912,241	-788,143	$2,148,255,371	−8.7%	6.23%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	11,040,812	+167,603	$1,763,217,670	+5.6%	5.11%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Reduced	18,386,132	-158,595	$1,358,735,149	+7.4%	3.94%
AZO	Autozone Inc Consumer Cyclical	Reduced	325,478	-22,532	$1,099,393,071	−6.9%	3.19%
MELI	Mercadolibre Inc Consumer Cyclical	Added	444,603	+237,008	$768,727,471	+83.8%	2.23%
NKE	NIKE, Inc. Consumer Cyclical	Added	11,512,122	+3,115,699	$608,070,277	+13.7%	1.76%
MGA	Magna International Inc Consumer Cyclical	Reduced	10,507,648	-1,421,804	$586,431,829	−7.8%	1.70%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	2,358,281	-252,760	$557,214,630	−11.5%	1.62%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	127,624	-19,795	$537,337,847	−31.9%	1.56%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Reduced	10,600,561	-534,642	$517,095,361	−2.7%	1.50%
PKG	Packaging Corp Of America Consumer Cyclical	Added	2,323,010	+467,590	$492,989,174	+28.8%	1.43%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	2,212,512	-130,703	$479,296,470	+13.5%	1.39%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	5,125,882	-23,434	$473,170,161	+0.7%	1.37%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	5,280,615	-1,217,393	$473,090,292	−13.5%	1.37%
GIL	Gildan Activewear Inc. Consumer Cyclical	Added	6,911,589	+1,193,718	$384,629,923	+7.7%	1.12%
DASH	DoorDash, Inc. Consumer Cyclical	Reduced	2,369,958	-571,441	$355,849,189	−46.6%	1.03%
CCL	Carnival Corp Ltd. Consumer Cyclical	Added	12,956,282	+2,294,249	$335,308,575	+3.0%	0.97%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	2,645,220	-620,963	$334,038,377	−24.6%	0.97%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	2,574,483	+507,978	$322,994,632	+6.6%	0.94%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Added	1,037,226	+13,279	$315,399,679	+7.2%	0.91%
GM	General Motors Co Consumer Cyclical	Reduced	3,836,432	-928,722	$285,814,181	−26.2%	0.83%
F	Ford Motor Co Consumer Cyclical	Added	18,675,540	+270,849	$215,515,727	−10.7%	0.62%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Added	636,035	+8,102	$208,027,963	+6.8%	0.60%
EXPE	Expedia Group, Inc. Consumer Cyclical	Added	791,878	+8,103	$182,836,707	−17.7%	0.53%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	Reduced	601,813	-202,420	$165,606,895	−26.2%	0.48%
DPZ	Dominos Pizza Inc Consumer Cyclical	Added	448,221	+22,320	$160,817,209	−9.4%	0.47%
RACE	Ferrari N.V. Consumer Cyclical	Reduced	448,314	-18,314	$151,731,866	−12.0%	0.44%
BGSI	Boyd Group Services Inc. Consumer Cyclical	Reduced	1,184,357	-97,978	$151,431,883	−25.9%	0.44%
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	945,972	-255,086	$133,486,104	−13.0%	0.39%
MMYT	MakeMyTrip Ltd Consumer Cyclical	Added	3,498,642	+1,223,963	$130,464,358	−30.2%	0.38%
NVR	Nvr Inc Consumer Cyclical	Reduced	16,590	-318	$109,325,278	−11.3%	0.32%
DECK	Deckers Outdoor Corp Consumer Cyclical	Added	1,043,141	+326,231	$104,407,980	+40.5%	0.30%
YUM	Yum Brands Inc Consumer Cyclical	Added	649,187	+1,987	$100,935,591	+3.1%	0.29%
LVS	Las Vegas Sands Corp Consumer Cyclical	Added	1,773,086	+669,835	$95,533,871	+33.0%	0.28%
ETSY	Etsy Inc Consumer Cyclical	Reduced	1,670,775	-59,636	$83,505,331	−13.0%	0.24%
BBY	Best Buy Co Inc Consumer Cyclical	Reduced	1,290,393	-140,257	$82,843,229	−13.5%	0.24%
SW	Smurfit Westrock plc Consumer Cyclical	Added	1,820,494	+88,309	$72,546,680	+8.3%	0.21%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	2,233,977	+297,633	$71,509,598	−0.2%	0.21%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Reduced	136,174	-5,316	$71,179,507	−16.8%	0.21%
LEN	Lennar Corp /New/ Consumer Cyclical	Added	804,086	+26,396	$69,826,824	−12.7%	0.20%
AMCR	Amcor plc Consumer Cyclical	NEW	1,728,266	NEW	$68,698,570	NEW	0.20%
ROL	Rollins Inc Consumer Cyclical	Added	1,272,753	+181,460	$67,977,734	+3.8%	0.20%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Reduced	1,490,636	-526,275	$67,525,808	−33.1%	0.20%
GPC	Genuine Parts Co Consumer Cyclical	Added	635,191	+86,222	$67,171,445	−0.5%	0.19%
LULU	lululemon athletica inc. Consumer Cyclical	Reduced	434,547	-121,642	$66,529,141	−42.4%	0.19%
EBAY	Ebay Inc Consumer Cyclical	Reduced	689,836	-108,043	$62,788,868	−9.7%	0.18%
IHG	Intercontinental Hotels Group PLC /New/ Consumer Cyclical	Reduced	454,016	-11,145	$60,592,971	−7.5%	0.18%

Page 1 of 9