Royal Bank of CanadaRY
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 916 institutions reported holding Royal Bank of Canada (RY) in their 13F filings, up 85 from Q3 2025. 102 opened new positions and 48 sold out. The largest holders were Royal Bank of Canada ($12.2B), Vanguard Group Inc. ($11.5B) and Bank of Montreal ($10.2B). 8 famous investors held it, including Ken Fisher (0.4% of Fisher Asset Management's portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Royal Bank of Canada
- CUSIP
- 780087102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 102 | $519.1M |
| Exits | 48 | $164.9M |
All 13F filers, Q3 2025 → Q4 2025: 19,076,751 shares bought and 31,198,883 shares sold, net −12,122,132 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 916 holders
| Royal Bank of Canada | 2.15% | Reduce -1.6% | 71,787,710 | $12.2B |
| Vanguard Group Inc. | 0.17% | Add +1.9% | 67,628,463 | $11.5B |
| Bank of Montreal | 4.19% | Reduce -4.9% | 59,644,177 | $10.2B |
| TD Asset Management Inc | 4.27% | Reduce -2.3% | 31,066,800 | $5.3B |
| FIL Ltd | 2.97% | Add +1.1% | 23,258,871 | $4.0B |
| Mackenzie Financial Corp. | 4.26% | Reduce -2.8% | 21,016,911 | $3.6B |
| Cibc World Market Inc. | 6.31% | Reduce -3.8% | 20,670,197 | $3.5B |
| Norges Bank | 0.37% | — | 20,368,046 | $3.5B |
| 1832 Asset Management L.P. | 3.67% | Add +7.5% | 16,861,242 | $2.9B |
| National Bank of Canada | 2.90% | Reduce -10.2% | 16,618,140 | $2.8B |
| Bank of Nova Scotia | 3.87% | Add +1.6% | 15,233,532 | $2.6B |
| FMR LLC | 0.12% | Reduce -2.4% | 14,310,478 | $2.4B |
| Toronto Dominion Bank | 4.27% | Add +7.1% | 14,060,986 | $2.4B |
| Geode Capital Management, LLC | 0.15% | Add +6.9% | 13,741,480 | $2.4B |
| Manufacturers Life Insurance Company, The | 1.69% | Add +2.1% | 11,879,653 | $2.0B |
| Connor, Clark & Lunn Investment Management Ltd. | 5.16% | Add +3.5% | 11,535,677 | $2.0B |
| CIBC Asset Management Inc | 4.47% | Add +1.3% | 10,835,008 | $1.9B |
| Canada Pension Plan Investment Board | 1.13% | Add +43.2% | 9,878,066 | $1.7B |
| Federation des caisses Desjardins du Quebec | 6.06% | Reduce -31.1% | 9,302,432 | $1.6B |
| Scotia Capital Inc. | 6.23% | Reduce -0.1% | 9,071,802 | $1.5B |
| Legal & General Group Plc | 0.33% | Add +6.0% | 8,773,645 | $1.5B |
| Fisher Asset Management | 0.37% | Add +6.1% | 6,373,400 | $1.1B |
| JPMorgan Chase & Co. | 0.07% | Reduce -13.2% | 6,334,440 | $1.1B |
| TD Waterhouse Canada Inc. | 5.75% | Reduce -0.1% | 5,420,773 | $924.1M |
| Fiera Capital Corp | 2.45% | Reduce -6.5% | 4,539,315 | $774.1M |
| Morgan Stanley | 0.04% | Reduce -2.2% | 4,269,524 | $727.9M |
| Beutel, Goodman & Co Ltd. | 4.10% | Reduce -7.0% | 3,913,751 | $668.1M |
| Charles Schwab Investment Management Inc. | 0.10% | Add +1.4% | 3,756,444 | $641.2M |
| Goldman Sachs Group Inc. | 0.08% | Reduce -44.9% | 3,329,686 | $567.7M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.86% | Reduce -13.6% | 2,966,955 | $505.9M |
| Invesco Ltd. | 0.05% | Reduce -3.9% | 2,899,217 | $494.3M |
| Agf Management Ltd. | 1.99% | Add +0.3% | 2,396,579 | $456.4M |
| Picton Mahoney Asset Management | 4.96% | Add +2.9% | 2,652,043 | $452.8M |
| Deutsche Bank AG | 0.14% | Add +7.8% | 2,573,842 | $438.8M |
| Wellington Management Group LLP | 0.08% | Reduce -4.2% | 2,558,618 | $436.8M |
| Franklin Resources Inc. | 0.10% | Add +0.7% | 2,425,642 | $413.5M |
| Dimensional Fund Advisors LP | 0.09% | Add +3.6% | 2,387,748 | $407.1M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 2.14% | Reduce -17.8% | 2,379,139 | $405.6M |
| Massachusetts Financial Services Co. | 0.13% | Reduce -4.0% | 2,309,255 | $393.7M |
| Amundi | 0.12% | Add +30.6% | 2,283,367 | $389.3M |
| Mufg Securities (canada), LTD. | 10.14% | Reduce -8.1% | 2,137,220 | $364.4M |
| Bank of America Corp. | 0.02% | Reduce -8.3% | 1,994,286 | $340.0M |
| Caisse de depot et placement du Quebec | 0.57% | Add +1.6% | 1,969,337 | $336.2M |
| Alberta Investment Management Corp | 2.16% | Add +5.5% | 1,901,887 | $324.2M |
| Guardian Capital LP | 8.94% | Add +11.9% | 1,767,408 | $301.4M |
| Acadian Asset Management LLC | 0.41% | Add +134.7% | 1,472,080 | $251.3M |
| Letko, Brosseau & Associates Inc. | 4.10% | Reduce -2.4% | 1,465,322 | $250.1M |
| Clearbridge Investments, LLC | 0.19% | Add +4.2% | 1,415,117 | $241.3M |
| BlackRock, Inc. | 0.00% | Reduce -6.5% | 1,362,461 | $232.3M |
| Bank of New York Mellon Corp | 0.04% | Reduce -2.0% | 1,310,064 | $223.4M |
| Cardinal Capital Management, Inc. | 4.62% | Reduce -4.2% | 879,128 | $205.7M |
| Northern Trust Corp. | 0.03% | Reduce -2.2% | 1,185,896 | $202.2M |
| Aviva PLC | 0.34% | Add +5.5% | 1,181,782 | $201.6M |
| Alliancebernstein L.P. | 0.06% | Add +4.8% | 1,158,121 | $197.4M |
| BCV Asset Management Inc. | 4.77% | — | 802,332 | $188.6M |
| Russell Investments Group, Ltd. | 0.20% | Add +38.3% | 1,055,401 | $180.4M |
| Korea Investment CORP | 0.35% | Add +5.8% | 1,043,704 | $178.2M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 11.91% | Reduce -20.3% | 1,018,409 | $173.6M |
| Nuveen, LLC | 0.04% | Reduce -0.3% | 1,001,480 | $171.0M |
| OMERS ADMINISTRATION Corp | 1.22% | Add +112.7% | 1,000,524 | $170.8M |
| Hillsdale Investment Management Inc. | 4.55% | Add +13.0% | 965,757 | $164.9M |
| Addenda Capital Inc. | 4.83% | Reduce -2.0% | 702,804 | $164.4M |
| Dixon Mitchell Investment Counsel Inc. | 4.91% | Reduce -2.1% | 871,668 | $148.8M |
| UBS Group AG | 0.03% | Reduce -3.0% | 846,903 | $144.4M |
| Regions Financial Corp. | 0.86% | Reduce -0.3% | 790,893 | $134.8M |
| State of Tennessee, Department of Treasury | 0.43% | Reduce -2.0% | 802,436 | $134.3M |
| Ameriprise Financial Inc. | 0.03% | Reduce -5.5% | 766,762 | $132.6M |
| Intact Investment Management Inc. | 3.79% | Reduce -6.0% | 772,259 | $131.6M |
| Public Sector Pension Investment Board | 0.43% | Reduce -66.8% | 751,791 | $128.2M |
| CANADA LIFE ASSURANCE Co | 0.22% | Reduce -36.5% | 749,778 | $128.0M |
| APG Asset Management N.V. | 0.35% | Reduce -7.9% | 847,164 | $123.1M |
| Zurich Insurance Group Ltd | 0.84% | New | 713,739 | $121.8M |
| AQR Capital Management | 0.06% | Add +780.8% | 698,900 | $119.2M |
| Capital World Investors | 0.02% | Add +2879.8% | 691,838 | $117.9M |
| Canoe Financial LP | 1.60% | Reduce -32.6% | 691,320 | $117.9M |
| Citigroup Inc. | 0.07% | Add +3.6% | 630,471 | $107.6M |
| Bank of Nova Scotia Trust Co. | 9.33% | Add +0.0% | 628,786 | $107.2M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.22% | Add +0.1% | 609,849 | $104.1M |
| Millennium Management | 0.08% | Add +26.2% | 603,858 | $103.0M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.12% | New | 436,429 | $102.1M |
| DekaBank Deutsche Girozentrale | 0.17% | No change | 945,161 | $101.2M |
| Pictet Asset Management Holding SA | 0.10% | Add +6.8% | 589,154 | $100.6M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 8.49% | Reduce -3.7% | 427,261 | $100.0M |
| Raymond James Financial Inc. | 0.03% | Add +1.2% | 515,980 | $88.0M |
| State of Wisconsin Investment Board | 0.20% | New | 513,881 | $87.7M |
| UniSuper Management Pty Ltd | 0.52% | Add +2.0% | 369,514 | $86.5M |
| Northwest & Ethical Investments L.P. | 1.94% | Reduce -0.9% | 505,802 | $86.3M |
| Guardian Partners Inc. | 6.88% | Add +7.2% | 507,206 | $85.9M |
| Clark Capital Management Group, Inc. | 0.48% | Add +0.1% | 455,405 | $77.6M |
| Vontobel Holding Ltd. | 0.25% | Add +24.8% | 447,501 | $76.3M |
| Van Lanschot Kempen Investment Management N.V. | 0.64% | Add +18.4% | 321,162 | $74.7M |
| QV Investors Inc. | 5.88% | Reduce -7.2% | 421,019 | $71.9M |
| D. E. Shaw & Co. | 0.06% | Reduce -74.5% | 413,209 | $70.5M |
| J. Safra Sarasin Holding AG | 1.14% | Add +2.5% | 409,240 | $69.9M |
| Jefferies Financial Group Inc. | 0.58% | New | 403,000 | $68.7M |
| American Century Companies Inc. | 0.03% | Add +12.1% | 394,415 | $67.2M |
| Rockefeller Capital Management L.P. | 0.12% | Add +52.2% | 393,185 | $67.0M |
| Cumberland Partners Ltd | 4.09% | Reduce -1.6% | 391,226 | $66.7M |
| Edmond DE Rothschild Holding S.A. | 0.90% | Add +2.9% | 371,010 | $63.4M |
| Citadel Advisors | 0.04% | Reduce -32.4% | 365,829 | $62.4M |
"% of holder's portfolio" is RY's weight in each manager's 13F, not the share of Royal Bank of Canada the manager owns.