ROYAL BANK OF CANADA

Bank

CIK

1000275

City

TORONTO

State / Country

Stock

USB — US Bancorp De

Top Portfolio Positions

4,538 positions · $467,584,885,003 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
AAPL	Apple Inc. Technology	68,105,349	$17,284,456,516	3.70%
NVDA	Nvidia Corp Technology	99,020,851	$17,269,236,408	3.69%
SPY	Spdr S&P 500 ETF Trust	26,509,233	$17,240,014,580	3.69%
MSFT	Microsoft Corp Technology	37,816,179	$13,998,414,972	2.99%
RY	Royal Bank Of Canada Financial Services	73,050,835	$11,818,164,079	2.53%
TD	Toronto Dominion Bank Financial Services	119,089,618	$11,112,252,248	2.38%
GOOGL	Alphabet Inc. Communication Services	35,639,564	$10,248,513,015	2.19%
AMZN	Amazon Com Inc Consumer Cyclical	47,665,317	$9,927,255,560	2.12%
BMO	Bank Of Montreal /Can/ Financial Services	58,547,042	$7,923,756,660	1.69%
AVGO	Broadcom Inc. Technology	23,827,553	$7,374,865,920	1.58%

Portfolio Trend

25 quarters · across all stocks

Holdings in USB

Compact Export CSV

Shares Held

Position Value (USD)

39 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$855,560,334	16,449,920	+20462.4%	Shares	Defined	2026-05-15
2026-03-31	$4,160,800	80,000	-99.6%	Put	Sole	2026-05-15
2025-12-31	$951,929,322	17,839,755	+71834.5%	Shares	Defined	2026-02-17
2025-12-31	$1,323,328	24,800	-95.0%	Call	Sole	2026-02-17
2025-12-31	$26,680,000	500,000	-97.3%	Put	Sole	2026-02-17
2025-09-30	$887,937,362	18,372,385	-0.8%	Shares	Defined	2025-11-14
2025-06-30	$837,713,292	18,513,001	+17201.9%	Shares	Defined	2025-11-21
2025-03-31	$4,517,540	107,000	-99.4%	Put	Sole	2025-11-21
2025-03-31	$740,851,854	17,547,415	+4913.5%	Shares	Defined	2025-11-21
2025-03-31	$14,777,000	350,000	+5733.3%	Call	Sole	2025-11-21
2024-12-31	$286,980	6,000	-85.0%	Call	Sole	2025-02-14
2024-12-31	$1,913,200	40,000	-99.8%	Put	Sole	2025-02-14
2024-12-31	$861,742,057	18,016,769	+44941.9%	Shares	Defined	2025-02-14
2024-09-30	$1,829,200	40,000	-99.8%	Put	Sole	2024-11-14
2024-09-30	$810,913,072	17,732,628	+44231.6%	Shares	Defined	2024-11-14
2024-06-30	$1,588,000	40,000	-99.8%	Put	Sole	2024-11-06
2024-06-30	$708,365,189	17,842,952	+44507.4%	Shares	Defined	2024-11-06
2024-03-31	$1,788,000	40,000	-99.8%	Put	Sole	2024-11-05
2024-03-31	$886,917,503	19,841,555	-2.6%	Shares	Defined	2024-11-05
2023-12-31	$881,648,089	20,370,797	+0.3%	Shares	Defined	2024-02-14
2023-09-30	$671,537,327	20,312,684	-12.2%	Shares	Defined	2023-11-14
2023-06-30	$764,297,398	23,132,488	-0.4%	Shares	Defined	2023-08-14
2023-03-31	$837,397,767	23,228,787	+24.7%	Shares	Defined	2023-05-15
2022-12-31	$812,206,021	18,624,307	+2.9%	Shares	Defined	2023-02-14
2022-09-30	$730,057,260	18,106,579	+2011742.1%	Shares	Defined	2022-11-14
2022-09-30	$36,288	900	0.0%	Put	Defined	2022-11-14
2022-06-30	$41,418	900	-100.0%	Put	Defined	2022-08-15
2022-06-30	$810,838,571	17,619,265	+7.2%	Shares	Defined	2022-08-15
2022-03-31	$873,298,503	16,430,828	+1825547.6%	Shares	Defined	2022-05-16
2022-03-31	$47,835	900	-100.0%	Put	Defined	2022-05-16
2021-12-31	$847,281,922	15,084,243	-0.6%	Shares	Defined	2022-02-14
2021-09-30	$901,735,881	15,170,523	+1.5%	Shares	Defined	2021-11-15
2021-06-30	$851,129,856	14,939,966	+51.9%	Shares	Defined	2021-08-16
2021-03-31	$544,051,996	9,836,413	+4.8%	Shares	Defined	2021-07-20
2020-12-31	$437,391,480	9,388,098	+10.7%	Shares	Defined	2021-02-16
2020-09-30	$304,028,894	8,480,583	-35.5%	Shares	Defined	2020-11-16
2020-06-30	$483,909,863	13,142,582	+6471.3%	Shares	Defined	2020-08-14
2020-03-31	$6,890,000	200,000	-98.5%	Put	Defined	2020-06-16
2020-03-31	$458,360,379	13,305,091	—	Shares	Defined	2020-06-16
No 13F history on record for this holder in this stock.