Vault-13

ROYAL BK CDA RY

COM · Common Stock · CUSIP 780087102 · ISIN CA7800871021

Financial institution in Canada

658 institutional holders +46 vs Q3 2022
596,872,617596.9m shares reported held*
43.1% of all shares outstanding*
$56.4bnreported value*
64 new 186 added 215 reduced 25 sold out net bought ≈ $1.1bn (+11.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.5bn this quarter). Holder counts are more reliable. Shares outstanding: 1.4bn as of 2022-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $94.81. Options: 25 managers hold calls ($579.0m notional), 23 hold puts ($802.2m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 612Q4 22: 658658Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022612
Q4 2022658

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250m$500m$750m$1bnQ3 22 calls: $436.9mQ3 22 puts: $479.3mQ3 22P/C 1.10Q4 22 calls: $579.0mQ4 22 puts: $802.2mQ4 22P/C 1.39
Numbers
QuarterCallsPutsP/C
Q3 2022$436.9m$479.3m1.10
Q4 2022$579.0m$802.2m1.39

Biggest buyers

NATIONAL BANK OF CANADA /FI/ Added +12,610,726+12.6m
GOLDMAN SACHS GROUP INC Added +4,673,195+4.7m
BANK OF NOVA SCOTIA Added +2,392,959+2.4m
CANADA PENSION PLAN INVESTMENT BOARD Added +1,324,200+1.3m
VANGUARD GROUP INC Added +1,043,471+1.0m
NORGES BANK Added +874,348+874.3k
MORGAN STANLEY Added +758,224+758.2k
ROYAL BANK OF CANADA Added +702,801+702.8k
RENAISSANCE TECHNOLOGIES LLC Added +691,584+691.6k
TORONTO DOMINION BANK Added +683,387+683.4k

Biggest sellers

BANK OF MONTREAL /CAN/ Reduced -5,950,618-6.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -4,306,296-4.3m
MACKENZIE FINANCIAL CORP Reduced -829,888-829.9k
FRANKLIN RESOURCES INC Reduced -816,591-816.6k
Legal & General Group Plc Reduced -590,506-590.5k
INTACT INVESTMENT MANAGEMENT INC. Reduced -545,290-545.3k
TD Asset Management Inc Reduced -470,924-470.9k
FMR LLC Reduced -445,714-445.7k
OMERS ADMINISTRATION Corp Reduced -440,500-440.5k
AXA S.A. Reduced -327,740-327.7k

Biggest calls

ROYAL BANK OF CANADA Added $74.7m795.0k shares
D. E. Shaw & Co., Inc. Added $66.2m704.9k shares
BANK OF MONTREAL /CAN/ New $58.2m597.5k shares
SIG North Trading, ULC Reduced $58.1m617.7k shares
CITADEL ADVISORS LLC Added $52.6m559.0k shares
MILLENNIUM MANAGEMENT LLC Added $47.7m375.0k shares
CIBC WORLD MARKET INC. Reduced $47.1m501.6k shares
GROUP ONE TRADING LLC Added $37.0m394.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $31.5m335.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $25.7m273.7k shares

Biggest puts

GOLDMAN SACHS GROUP INC New $428.2m4.6m shares
MILLENNIUM MANAGEMENT LLC Added $96.7m825.0k shares
SIG North Trading, ULC Reduced $94.1m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $41.9m445.6k shares
CIBC WORLD MARKET INC. Reduced $36.6m390.0k shares
ROYAL BANK OF CANADA Added $30.6m325.0k shares
CITADEL ADVISORS LLC Reduced $22.0m234.0k shares
BANK OF MONTREAL /CAN/ Added $14.1m145.0k shares
Walleye Trading LLC Added $11.0m117.5k shares
Squarepoint Ops LLC Added $5.2m55.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 2.20% of their portfolio TORONTO, A6 77,143,85977.1m $7.3bn $7.3bn 2.20% Added +702.8k +702,801
2 BANK OF MONTREAL /CAN/ 3.20% of their portfolio TORONTO, A6 69,427,73969.4m $6.8bn $6.8bn 3.20% Reduced -6.0m -5,950,618
3 VANGUARD GROUP INC 0.13% of their portfolio Valley Forge, PA 51,696,78051.7m $4.9bn $4.9bn 0.13% Added +1.0m +1,043,471
4 TD Asset Management Inc 3.19% of their portfolio Toronto, A6 27,550,95427.6m $2.6bn $2.6bn 3.19% Reduced -470.9k -470,924
5 MACKENZIE FINANCIAL CORP 4.30% of their portfolio TORONTO ONTARIO, A6 27,086,84427.1m $2.5bn $2.5bn 4.30% Reduced -829.9k -829,888
6 BANK OF NOVA SCOTIA 5.88% of their portfolio TORONTO, A6 24,144,36624.1m $2.3bn $2.3bn 5.88% Added +2.4m +2,392,959
7 FIL Ltd 2.68% of their portfolio HAMILTON, D0 23,710,43323.7m $2.2bn $2.2bn 2.68% Reduced -67.8k -67,834
8 CIBC WORLD MARKET INC. 7.78% of their portfolio TORONTO, A6 21,042,49221.0m $2.0bn $2.0bn 7.78% Added +351.1k +351,117
9 TORONTO DOMINION BANK 2.70% of their portfolio TORONTO, ONTARIO, A6 19,089,23519.1m $1.8bn $1.8bn 2.70% Added +683.4k +683,387
10 1832 Asset Management L.P. 3.56% of their portfolio TORONTO, A6 18,427,76618.4m $1.7bn $1.7bn 3.56% Reduced -277.5k -277,495
11 NATIONAL BANK OF CANADA /FI/ 4.39% of their portfolio MONTREAL, A8 17,293,53817.3m $1.6bn $1.6bn 4.39% Added +12.6m +12,610,726
12 NORGES BANK 0.38% of their portfolio OSLO, Q8 16,843,10616.8m $1.6bn $1.6bn 0.38% Added +874.3k +874,348
13 FMR LLC 0.14% of their portfolio BOSTON, MA 14,471,98814.5m $1.4bn $1.4bn 0.14% Reduced -445.7k -445,714
14 CIBC Asset Management Inc 5.08% of their portfolio TORONTO, Z4 12,739,83612.7m $1.2bn $1.2bn 5.08% Added +135.6k +135,640
15 WELLINGTON MANAGEMENT GROUP LLP 0.21% of their portfolio Boston, MA 11,332,31211.3m $1.1bn $1.1bn 0.21% Reduced -4.3m -4,306,296
16 Beutel, Goodman & Co Ltd. 6.23% of their portfolio TORONTO, A6 10,946,80910.9m $1.0bn $1.0bn 6.23% Reduced -123.8k -123,838
17 Connor, Clark & Lunn Investment Management Ltd. 4.73% of their portfolio VANCOUVER, A1 8,745,3198.7m $822.2m $822.2m 4.73% Added +18.5k +18,455
18 SCOTIA CAPITAL INC. 5.88% of their portfolio TORONTO, A6 8,152,0448.2m $765.6m $765.6m 5.88% Added +104.7k +104,724
19 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.47% of their portfolio Toronto, A6 7,865,2737.9m $739.0m $739.0m 0.47% Reduced -247.4k -247,368
20 CANADA PENSION PLAN INVESTMENT BOARD 1.25% of their portfolio TORONTO ONTARIO, A6 7,511,6457.5m $705.7m $705.7m 1.25% Added +1.3m +1,324,200
21 Legal & General Group Plc 0.27% of their portfolio London, X0 7,378,6327.4m $693.2m $693.2m 0.27% Reduced -590.5k -590,506
22 GOLDMAN SACHS GROUP INC 0.19% of their portfolio NEW YORK, NY 6,930,3236.9m $651.6m $651.6m 0.19% Added +4.7m +4,673,195
23 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 5,695,2575.7m $535.5m $535.5m 0.08% Reduced -92.2k -92,206
24 TD Waterhouse Canada Inc. 7.43% of their portfolio TORONTO, A6 5,319,2285.3m $677.4m $677.4m 7.43% Added +64.0k +64,017
25 Fiera Capital Corp 1.31% of their portfolio MONTREAL, A8 4,469,8064.5m $420.6m $420.6m 1.31% Reduced -77.4k -77,379
26 GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio BOSTON, MA 4,466,3254.5m $422.7m $422.7m 0.06% Reduced -102.7k -102,676
27 Alberta Investment Management Corp 3.65% of their portfolio EDMONTON, A0 4,385,6564.4m $412.0m $412.0m 3.65% Reduced -108.7k -108,697
28 Federation des caisses Desjardins du Quebec 4.58% of their portfolio LEVIS, A8 3,952,8274.0m $386.5m $386.5m 4.58% Reduced -47.5k -47,453
29 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.71% of their portfolio TORONTO, A6 3,613,6823.6m $339.4m $339.4m 1.71% Added +33.5k +33,535
30 Sumitomo Mitsui Trust Group, Inc. 0.26% of their portfolio CHIYODA-KU, TOKYO, M0 3,502,1263.5m $329.5m $329.5m 0.26% Reduced -107.9k -107,912
31 Invesco Ltd. 0.10% of their portfolio ATLANTA, GA 3,480,9953.5m $327.3m $327.3m 0.10% Reduced -65.0k -65,015
32 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 3,016,7073.0m $283.6m $283.6m 0.03% Added +758.2k +758,224
33 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio Boston, MA 2,793,8792.8m $262.7m $262.7m 0.09% Added +112.5k +112,538
34 Caisse de depot et placement du Quebec 0.75% of their portfolio Montreal, A8 2,592,1002.6m $243.5m $243.5m 0.75% Unchanged
35 FRANKLIN RESOURCES INC 0.13% of their portfolio San Mateo, CA 2,576,1452.6m $242.2m $242.2m 0.13% Reduced -816.6k -816,591
36 JARISLOWSKY, FRASER Ltd 1.43% of their portfolio MONTREAL, A8 2,322,1982.3m $218.2m $218.2m 1.43% Reduced -42.7k -42,705
37 GUARDIAN CAPITAL LP 7.08% of their portfolio TORONTO, A6 2,285,6972.3m $214.7m $214.7m 7.08% Reduced -244.8k -244,812
38 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 2,284,4582.3m $214.8m $214.8m 0.08% Reduced -23.0k -22,960
39 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,248,3902.2m $211.4m $211.4m 0.03% Added +235.4k +235,388
40 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.28% of their portfolio VICTORIA, A1 2,212,6472.2m $208.0m $208.0m 2.28% Added +81.3k +81,335
41 CREDIT SUISSE AG/ 0.22% of their portfolio ZURICH, V8 2,157,1372.2m $202.8m $202.8m 0.22% Reduced -115.4k -115,398
42 LETKO, BROSSEAU & ASSOCIATES INC 3.47% of their portfolio MONTREAL, A8 2,048,5542.0m $192.5m $192.5m 3.47% Reduced -51.3k -51,320
43 ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio NASHVILLE, TN 2,046,6192.0m $192.4m $192.4m 0.09% Reduced -49.7k -49,740
44 AGF MANAGEMENT LTD 1.30% of their portfolio TORONTO, A6 1,899,5041.9m $178.6m $178.6m 1.30% First filing
45 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 1,675,2701.7m $157.5m $157.5m 0.04% Reduced -7 -7
46 OMERS ADMINISTRATION Corp 2.38% of their portfolio TORONTO, A6 1,580,9391.6m $148.5m $148.5m 2.38% Reduced -440.5k -440,500
47 CIDEL ASSET MANAGEMENT INC 6.87% of their portfolio TORONTO, A6 1,563,8801.6m $146.9m $146.9m 6.87% Reduced -92.3k -92,310
48 MONTRUSCO BOLTON INVESTMENTS INC. 3.13% of their portfolio MONTREAL, A8 1,432,8961.4m $134.6m $134.6m 3.13% Added +63.6k +63,598
49 DEUTSCHE BANK AG\ 0.07% of their portfolio FRANKFURT AM MAIN, 2M 1,249,8541.2m $117.5m $117.5m 0.07% Added +18.3k +18,292
50 Triasima Portfolio Management inc. 8.95% of their portfolio MONTREAL, A8 1,245,7421.2m $117.1m $117.1m 8.95% Reduced -5.2k -5,194
51 Cardinal Capital Management, Inc. 6.46% of their portfolio WINNIPEG, A2 1,217,5281.2m $114.5m $114.5m 6.46% Added +9.4k +9,406
52 Korea Investment CORP 0.35% of their portfolio SEOUL, M5 1,198,6431.2m $112.6m $112.6m 0.35% Added +64.8k +64,769
53 BANK OF NOVA SCOTIA TRUST CO 11.42% of their portfolio TORONTO, A6 1,120,6151.1m $105.4m $105.4m 11.42% Reduced -10.1k -10,110
54 HSBC HOLDINGS PLC 0.13% of their portfolio LONDON, X0 1,098,0081.1m $103.2m $103.2m 0.13% Added +196.0k +195,973
55 Russell Investments Group, Ltd. 0.20% of their portfolio Seattle, WA 1,035,7571.0m $97.3m $97.3m 0.20% Reduced -72.2k -72,154
56 Amundi 0.05% of their portfolio Paris, I0 986,890986.9k $97.6m $97.6m 0.05% Added +81.0k +81,036
57 DekaBank Deutsche Girozentrale 0.24% of their portfolio FRANKFURT, 2M 947,145947.1k $90.3m $90.3m 0.24% Reduced -11.5k -11,521
58 CANADA LIFE ASSURANCE Co 0.23% of their portfolio WINNIPEG, A2 928,670928.7k $87.6m $87.6m 0.23% Reduced -39.3k -39,320
59 BlackRock Inc. 0.00% of their portfolio New York, NY 903,644903.6k $85.0m $85.0m 0.00% Reduced -28.2k -28,211
60 Scheer, Rowlett & Associates Investment Management Ltd. 6.92% of their portfolio TORONTO, A6 882,434882.4k $83.0m $83.0m 6.92% Added +32.7k +32,711
61 Addenda Capital Inc. 4.77% of their portfolio MONTREAL, A8 864,046864.0k $110.0m $110.0m 4.77% Reduced -27.8k -27,789
62 FIRST TRUST ADVISORS LP 0.09% of their portfolio Wheaton, IL 800,826800.8k $75.3m $75.3m 0.09% Added +86.3k +86,264
63 REGIONS FINANCIAL CORP 0.69% of their portfolio BIRMINGHAM, AL 796,643796.6k $74.9m $74.9m 0.69% Unchanged
64 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 8.86% of their portfolio MISSISSAUGA, A6 794,694794.7k $74.7m $74.7m 8.86% Reduced -21.6k -21,614
65 STATE OF WISCONSIN INVESTMENT BOARD 0.23% of their portfolio MADISON, WI 755,723755.7k $71.0m $71.0m 0.23% Reduced -321.2k -321,213
66 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 706,894706.9k $66.5m $66.5m 0.09% Added +691.6k +691,584
67 Dixon Mitchell Investment Counsel Inc. 4.43% of their portfolio VANCOUVER, A1 703,150703.1k $66.1m $66.1m 4.43% Added +17.5k +17,514
68 Value Partners Investments Inc. 5.51% of their portfolio WINNIPEG, A2 675,045675.0k $63.4m $63.4m 5.51% Added +333 +333
69 QV Investors Inc. 5.67% of their portfolio CALGARY, A0 630,521630.5k $59.2m $59.2m 5.67% Reduced -20.5k -20,530
70 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 629,650629.6k $59.2m $59.2m 0.01% Reduced -39.9k -39,873
71 Candriam S.C.A. 0.40% of their portfolio STRASSEN, N4 624,629624.6k $58.7m $58.7m 0.40% Reduced -88.6k -88,567
72 Burgundy Asset Management Ltd. 0.71% of their portfolio Toronto, A6 580,318580.3k $54.5m $54.5m 0.71% Reduced -27.2k -27,217
73 Onex Canada Asset Management Inc. 2.92% of their portfolio TORONTO, A6 553,459553.5k $52.0m $52.0m 2.92% Reduced -17.6k -17,645
74 PICTET ASSET MANAGEMENT SA 0.07% of their portfolio GENEVA 73, V8 533,352533.4k $50.1m $50.1m 0.07% Added +68.0k +67,958
75 GUARDIAN CAPITAL ADVISORS LP 5.82% of their portfolio TORONTO, A6 520,592520.6k $51.3m $51.3m 5.82% Reduced -3.3k -3,333
76 Nexus Investment Management ULC 5.40% of their portfolio TORONTO, A6 508,921508.9k $47.9m $47.9m 5.40% Added +4.5k +4,455
77 Northwest & Ethical Investments L.P. 1.64% of their portfolio TORONTO, A6 504,231504.2k $47.4m $47.4m 1.64% Reduced -18.4k -18,368
78 Zurcher Kantonalbank (Zurich Cantonalbank) 0.24% of their portfolio ZURICH, V8 485,128485.1k $45.6m $45.6m 0.24% Added +139.8k +139,842
79 Skandinaviska Enskilda Banken AB (publ) 0.33% of their portfolio STOCKHOLM, V7 472,284472.3k $44.4m $44.4m 0.33% Reduced -76.7k -76,707
80 UBS Group AG 0.02% of their portfolio ZURICH, V8 468,657468.7k $44.1m $44.1m 0.02% Added +54.7k +54,684
81 AVIVA PLC 0.20% of their portfolio LONDON, X0 424,647424.6k $39.9m $39.9m 0.20% Added +25.6k +25,609
82 Ilmarinen Mutual Pension Insurance Co 0.60% of their portfolio HELSINKI, H9 420,573420.6k $39.5m $39.5m 0.60% Added +267.1k +267,106
83 Cumberland Partners Ltd 3.97% of their portfolio TORONTO, A6 400,920400.9k $37.7m $37.7m 3.97% Reduced -11.5k -11,524
84 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 393,993394.0k $37.0m $37.0m 0.04% Added +236.5k +236,487
85 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.44% of their portfolio AMSTERDAM, P7 386,980387.0k $49.3m $49.3m 1.44% Added +147.1k +147,128
86 Hillsdale Investment Management Inc. 3.05% of their portfolio Toronto, A6 384,123384.1k $36.1m $36.1m 3.05% Added +135.0k +134,959
87 Public Sector Pension Investment Board 0.28% of their portfolio MONTREAL, A8 372,603372.6k $35.0m $35.0m 0.28% Added +24.7k +24,731
88 AXA S.A. 0.13% of their portfolio PARIS, I0 371,106371.1k $34.9m $34.9m 0.13% Reduced -327.7k -327,740
89 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 370,572370.6k $36.6m $36.6m 0.01% Reduced -35.0k -35,046
90 FORSTA AP-FONDEN 0.37% of their portfolio STOCKHOLM, V7 347,400347.4k $32.6m $32.6m 0.37% Added +44.9k +44,900
91 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.53% of their portfolio Stamford, CT 343,158343.2k $32.3m $32.3m 0.53% Added +5.2k +5,160
92 Unigestion Holding SA 1.73% of their portfolio GENEVA, V8 342,619342.6k $32.6m $32.6m 1.73% Added +12.7k +12,654
93 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 335,551335.6k $31.5m $31.5m 0.16% Reduced -1.7k -1,675
94 Manitou Investment Management Ltd. 5.51% of their portfolio TORONTO, A6 331,129331.1k $31.1m $31.1m 5.51% Added +324 +324
95 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 322,848322.8k $30.3m $30.3m 0.03% Reduced -48.3k -48,343
96 INTACT INVESTMENT MANAGEMENT INC. 1.27% of their portfolio MONTREAL, A8 311,471311.5k $29.3m $29.3m 1.27% Reduced -545.3k -545,290
97 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 306,569306.6k $28.8m $28.8m 0.03% Reduced -20.6k -20,627
98 APG Asset Management N.V. 0.07% of their portfolio Amsterdam, P7 295,377295.4k $37.6m $37.6m 0.07% Added +200.4k +200,421
99 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 286,414286.4k $26.9m $26.9m 0.04% Added +26.9k +26,866
100 USS Investment Management Ltd 0.38% of their portfolio London, X0 282,100282.1k $26.5m $26.5m 0.38% Unchanged