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Royal Bank of Canada

RY
Exchange
NYSE
Industry
Commercial Banks, NEC
SEC CIK
0001000275

No open-market purchases or sales by Royal Bank of Canada insiders were filed in the last 90 days; 990 institutions reported holding it in 13F filings for Q2 2026, worth $129.6B in total; no superinvestor holds it.

Other share classesRYLBF

13F holders, Q4 2025

Institutional positions in Royal Bank of Canada as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
917
+109 vs. Q3 2025
Shares held
616.1M
+10.2M (+1.7%) vs. Q3 2025
Total value
$105.4B
+$15.9B (+17.8%) vs. Q3 2025
New holders
157
312 more added
Sold out
48
253 more reduced

25 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RY on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 917 institutions
Q1 2021: 589 institutionsQ2 2021: 602 institutionsQ3 2021: 614 institutionsQ4 2021: 655 institutionsQ1 2022: 673 institutionsQ2 2022: 644 institutionsQ3 2022: 613 institutionsQ4 2022: 659 institutionsQ1 2023: 662 institutionsQ2 2023: 649 institutionsQ3 2023: 642 institutionsQ4 2023: 676 institutionsQ1 2024: 664 institutionsQ2 2024: 676 institutionsQ3 2024: 724 institutionsQ4 2024: 778 institutionsQ1 2025: 767 institutionsQ2 2025: 801 institutionsQ3 2025: 833 institutionsQ4 2025: 917 institutionsQ1 2026: 949 institutionsQ2 2026: 990 institutions
Value heldQ4 2025: $105.4B
Q1 2021: $57.0BQ2 2021: $61.1BQ3 2021: $60.7BQ4 2021: $64.0BQ1 2022: $66.5BQ2 2022: $57.8BQ3 2022: $54.4BQ4 2022: $57.9BQ1 2023: $61.4BQ2 2023: $59.1BQ3 2023: $55.5BQ4 2023: $65.2BQ1 2024: $65.6BQ2 2024: $70.6BQ3 2024: $82.3BQ4 2024: $76.4BQ1 2025: $71.8BQ2 2025: $83.0BQ3 2025: $89.9BQ4 2025: $105.4BQ1 2026: $98.1BQ2 2026: $129.6B
Institutions holding RY and their total value by quarter
QuarterHoldersValue
Q2 2026990$129.6B
Q1 2026949$98.1B
Q4 2025917$105.4B
Q3 2025833$89.9B
Q2 2025801$83.0B
Q1 2025767$71.8B
Q4 2024778$76.4B
Q3 2024724$82.3B
Q2 2024676$70.6B
Q1 2024664$65.6B
Q4 2023676$65.2B
Q3 2023642$55.5B
Q2 2023649$59.1B
Q1 2023662$61.4B
Q4 2022659$57.9B
Q3 2022613$54.4B
Q2 2022644$57.8B
Q1 2022673$66.5B
Q4 2021655$64.0B
Q3 2021614$60.7B
Q2 2021602$61.1B
Q1 2021589$57.0B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Royal Bank of Canada; share changes are against Q3 2025.

Institutions holding RY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada71,787,710$12.2B2.15%−1,138,595−1.6%Reduced
Vanguard Group Inc67,628,463$11.5B0.17%+1,290,142+1.9%Added
Bank of Montreal59,644,177$10.2B4.16%−3,067,606−4.9%Reduced
TD Asset Management Inc31,066,800$5.30B4.27%−721,350−2.3%Reduced
FIL Ltd23,258,871$3.97B2.97%+255,465+1.1%Added
Mackenzie Financial Corp21,016,911$3.60B4.26%−601,511−2.8%Reduced
CIBC World Markets Inc.20,670,197$3.52B6.31%−822,721−3.8%Reduced
Norges Bank20,368,046$3.47B0.37%+20,368,046New
1832 Asset Management L.P.16,861,242$2.87B3.64%+1,184,191+7.6%Added
National Bank of Canada16,618,140$2.83B2.90%−1,879,489−10.2%Reduced
Bank of Nova Scotia15,233,532$2.60B3.85%+238,589+1.6%Added
FMR LLC14,310,478$2.44B0.12%−356,075−2.4%Reduced
Toronto Dominion Bank14,060,986$2.40B4.23%+929,892+7.1%Added
Geode Capital Management, LLC13,741,480$2.39B0.15%+882,253+6.9%Added
Manufacturers Life Insurance Company, The11,879,653$2.03B1.67%+245,116+2.1%Added
Connor, Clark & Lunn Investment Management Ltd.11,535,677$1.97B5.16%+387,697+3.5%Added
CIBC Asset Management Inc10,835,008$1.85B4.47%+136,386+1.3%Added
Canada Pension Plan Investment Board9,878,066$1.68B1.13%+2,977,920+43.2%Added
Federation des caisses Desjardins du Quebec9,302,432$1.59B6.06%−4,203,893−31.1%Reduced
Scotia Capital Inc.9,071,802$1.55B6.23%−13,479−0.1%Reduced
Legal & General Group Plc8,773,645$1.50B0.33%+498,511+6.0%Added
Fisher Asset Management, LLC6,373,400$1.09B0.37%+368,534+6.1%Added
JPMorgan Chase & Co6,334,440$1.08B0.07%−961,781−13.2%Reduced
TD Waterhouse Canada Inc.5,420,773$924.1M5.75%−2,6500.0%Reduced
Fiera Capital Corp4,539,315$774.1M2.45%−315,109−6.5%Reduced
Morgan Stanley4,269,524$727.9M0.04%−95,223−2.2%Reduced
Beutel, Goodman & Co Ltd.3,913,751$668.1M4.10%−293,158−7.0%Reduced
Charles Schwab Investment Management Inc3,756,444$641.2M0.10%+53,329+1.4%Added
Goldman Sachs Group Inc3,329,686$567.7M0.08%−2,711,099−44.9%Reduced
Healthcare of Ontario Pension Plan Trust Fund2,966,955$505.9M0.86%−465,320−13.6%Reduced
Invesco Ltd.2,899,217$494.3M0.05%−116,668−3.9%Reduced
Agf Management Ltd2,396,579$456.4M1.98%+7,638+0.3%Added
Picton Mahoney Asset Management2,652,043$452.8M4.95%+74,450+2.9%Added
Deutsche Bank AG2,573,842$438.8M0.14%+186,400+7.8%Added
Wellington Management Group LLP2,558,618$436.8M0.08%−111,180−4.2%Reduced
Franklin Resources Inc2,425,642$413.5M0.10%+15,751+0.7%Added
Dimensional Fund Advisors LP2,387,748$407.1M0.09%+84,136+3.7%Added
British Columbia Investment Management Corp2,379,139$405.6M2.14%−513,860−17.8%Reduced
Massachusetts Financial Services Co2,309,255$393.7M0.13%−95,678−4.0%Reduced
Amundi2,283,367$389.3M0.11%+535,437+30.6%Added
MUFG Securities (Canada), Ltd.2,137,220$364.4M10.14%−189,003−8.1%Reduced
Bank of America Corp1,994,286$340.0M0.02%−181,078−8.3%Reduced
Caisse de Depot Et Placement du Quebec1,969,337$336.2M0.57%+30,422+1.6%Added
Alberta Investment Management Corp1,901,887$324.2M1.94%+99,000+5.5%Added
Guardian Capital LP1,767,408$301.4M8.94%+187,525+11.9%Added
Acadian Asset Management LLC1,472,080$251.3M0.41%+844,827+134.7%Added
Letko, Brosseau & Associates Inc1,465,322$250.1M4.10%−35,868−2.4%Reduced
Clearbridge Investments, LLC1,415,117$241.3M0.19%+57,201+4.2%Added
BlackRock, Inc.1,362,461$232.3M0.00%−94,404−6.5%Reduced
Bank of New York Mellon Corp1,310,064$223.4M0.04%−27,068−2.0%Reduced
Cardinal Capital Management, Inc.879,128$205.7M4.62%−38,016−4.1%Reduced
Northern Trust Corp1,185,896$202.2M0.03%−26,213−2.2%Reduced
Aviva PLC1,181,782$201.6M0.34%+61,584+5.5%Added
Alliancebernstein L.P.1,158,121$197.4M0.06%+53,453+4.8%Added
BCV Asset Management Inc.802,332$188.6M4.77%+802,332New
Russell Investments Group, Ltd.1,055,401$180.4M0.20%+292,105+38.3%Added
Korea Investment CORP1,043,704$178.2M0.35%+57,646+5.8%Added
Scheer, Rowlett & Associates Investment Management Ltd.1,018,409$173.6M11.91%−260,065−20.3%Reduced
Nuveen, LLC1,001,480$171.0M0.04%−2,674−0.3%Reduced
Omers Administration Corp1,000,524$170.8M1.22%+530,102+112.7%Added
Hillsdale Investment Management Inc.965,757$164.9M4.55%+111,220+13.0%Added
Addenda Capital Inc.702,804$164.4M4.83%−14,327−2.0%Reduced
Dixon Mitchell Investment Counsel Inc.871,668$148.8M4.91%−18,405−2.1%Reduced
UBS Group AG846,903$144.4M0.03%−25,885−3.0%Reduced
Regions Financial Corp790,893$134.8M0.86%−2,758−0.3%Reduced
State of Tennessee, Treasury Department802,436$134.3M0.43%−16,161−2.0%Reduced
Ameriprise Financial Inc766,762$132.6M0.03%−44,700−5.5%Reduced
Intact Investment Management Inc.772,259$131.6M3.79%−49,549−6.0%Reduced
Public Sector Pension Investment Board751,791$128.2M0.43%−1,510,143−66.8%Reduced
Great West Life Assurance Co749,778$128.0M0.22%−431,154−36.5%Reduced
APG Asset Management N.V.847,164$123.1M0.35%−72,299−7.9%Reduced
Zurich Insurance Group Ltd713,739$121.8M0.84%+713,739New
AQR Capital Management LLC698,900$119.2M0.06%+619,547+780.7%Added
Capital World Investors691,838$117.9M0.02%+668,620+2,879.7%Added
Canoe Financial LP691,320$117.9M1.60%−334,797−32.6%Reduced
Citigroup Inc630,471$107.6M0.07%+21,917+3.6%Added
Bank of Nova Scotia Trust Co628,786$107.2M9.33%+60.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)609,849$104.1M0.22%+460+0.1%Added
Millennium Management LLC603,858$103.0M0.07%+125,292+26.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.436,429$102.1M0.12%+436,429New
DekaBank Deutsche Girozentrale945,161$101.2M0.19%00.0%Unchanged
Pictet Asset Management Holding SA589,154$100.6M0.10%+37,586+6.8%Added
Lincluden Management Ltd427,261$100.0M8.49%−16,521−3.7%Reduced
Raymond James Financial Inc515,980$88.0M0.03%+5,992+1.2%Added
State of Wisconsin Investment Board513,881$87.7M0.20%+513,881New
UniSuper Management Pty Ltd369,514$86.5M0.52%+7,400+2.0%Added
Northwest & Ethical Investments L.P.505,802$86.3M1.94%−4,486−0.9%Reduced
Guardian Partners Inc.507,206$85.9M6.88%+34,012+7.2%Added
Clark Capital Management Group, Inc.455,405$77.6M0.48%+394+0.1%Added
Vontobel Holding Ltd.447,501$76.3M0.25%+88,806+24.8%Added
Kempen Capital Management N.V.321,162$74.7M0.64%+49,884+18.4%Added
QV Investors Inc.421,019$71.9M5.88%−32,480−7.2%Reduced
D. E. Shaw & Co., Inc.413,209$70.5M0.05%−1,208,193−74.5%Reduced
J. Safra Sarasin Holding AG409,240$69.9M1.14%+10,152+2.5%Added
Jefferies Financial Group Inc.403,000$68.7M0.56%+403,000New
American Century Companies Inc394,415$67.2M0.03%+42,452+12.1%Added
Rockefeller Capital Management L.P.393,185$67.0M0.12%+134,796+52.2%Added
Cumberland Partners Ltd391,226$66.7M4.09%−6,484−1.6%Reduced
Edmond de Rothschild Holding S.A.371,010$63.4M0.90%+10,502+2.9%Added
Citadel Advisors LLC365,829$62.4M0.04%−175,451−32.4%Reduced