| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 5% | +2% | $8,321,727,903 | +$132,640,036 | 70,666,847 | +1.6% | BlackRock, Inc. | 30 Jun 2025 |
| BANK OF MONTREAL /CAN/ | 4.9% | $7,669,737,290 | 69,756,592 | Bank of Montreal | 31 Dec 2024 |
As of 30 Sep 2025, 818 institutional investors reported holding 607,129,825 shares of ROYAL BANK OF CANADA - Common Stock (RY). This represents 43% of the company’s total 1,413,336,940 outstanding shares.
The largest institutional shareholders of ROYAL BANK OF CANADA - Common Stock (RY) together control 35% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| ROYAL BANK OF CANADA | 5.2% | 72,926,305 | -0.34% | 1.9% | $10,743,503,000 |
| VANGUARD GROUP INC | 4.7% | 66,338,321 | +2% | 0.15% | $9,777,471,644 |
| BANK OF MONTREAL /CAN/ | 4.4% | 62,711,783 | -1.5% | 4% | $9,240,917,977 |
| TD Asset Management Inc | 2.2% | 31,788,150 | -0.08% | 3.8% | $4,686,204,778 |
| FIL Ltd | 1.6% | 23,003,406 | +7.3% | 2.7% | $3,390,427,994 |
| MACKENZIE FINANCIAL CORP | 1.5% | 21,618,422 | -3.4% | 3.9% | $3,185,611,150 |
| CIBC WORLD MARKET INC. | 1.5% | 21,492,918 | -9.1% | 6.6% | $3,167,117,342 |
| NATIONAL BANK OF CANADA /FI/ | 1.3% | 18,497,629 | +8.5% | 3.1% | $2,722,827,687 |
| 1832 Asset Management L.P. | 1.1% | 15,677,051 | -4.9% | 3.9% | $2,309,543,153 |
| BANK OF NOVA SCOTIA | 1.1% | 14,994,943 | -9.7% | 3.9% | $2,210,236,334 |
| FMR LLC | 1% | 14,666,553 | +3.7% | 0.11% | $2,161,673,420 |
| Federation des caisses Desjardins du Quebec | 0.96% | 13,506,325 | +2.2% | 7.8% | $1,989,394,561 |
| TORONTO DOMINION BANK | 0.93% | 13,131,094 | +17% | 3.8% | $1,934,736,445 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.91% | 12,859,227 | +13% | 0.12% | $1,926,954,364 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.82% | 11,634,537 | +47% | 1.4% | $1,715,159,225 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.79% | 11,147,980 | +3.1% | 5.2% | $1,642,712,028 |
| CIBC Asset Management Inc | 0.76% | 10,698,622 | -3.9% | 4.6% | $1,578,845,753 |
| SCOTIA CAPITAL INC. | 0.64% | 9,085,281 | +0.21% | 5.7% | $1,337,524,567 |
| Legal & General Group Plc | 0.59% | 8,275,134 | +3.6% | 0.27% | $1,219,924,092 |
| JPMORGAN CHASE & CO | 0.52% | 7,296,221 | +11% | 0.07% | $1,074,879,454 |
| CANADA PENSION PLAN INVESTMENT BOARD | 0.49% | 6,900,146 | +0.47% | 0.71% | $1,016,773,561 |
| GOLDMAN SACHS GROUP INC | 0.43% | 6,040,785 | -37% | 0.13% | $889,928,337 |
| Fisher Asset Management, LLC | 0.42% | 6,004,866 | +4.9% | 0.32% | $884,636,985 |
| TD Waterhouse Canada Inc. | 0.38% | 5,423,423 | +0.06% | 5.2% | $799,443,771 |
| Fiera Capital Corp | 0.34% | 4,854,424 | +2.1% | 2.3% | $715,227,288 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 2,769,936 | $478,431,263 | -$46,458,405 | $170.49 | 108 |
| 2025 Q3 | 607,129,825 | $89,641,155,585 | -$2,611,563,353 | $147.32 | 818 |
| 2025 Q2 | 626,414,054 | $82,629,758,742 | +$1,407,204,401 | $131.55 | 789 |
| 2025 Q1 | 615,365,212 | $69,448,444,250 | -$1,706,616,193 | $112.72 | 749 |
| 2024 Q4 | 629,180,035 | $75,836,410,303 | -$825,338,118 | $120.51 | 743 |
| 2024 Q3 | 635,761,147 | $79,272,379,154 | -$2,709,278,918 | $124.73 | 707 |
| 2024 Q2 | 660,136,838 | $70,365,588,139 | +$2,843,416,088 | $106.38 | 658 |
| 2024 Q1 | 596,612,110 | $60,170,076,691 | -$1,378,950,347 | $100.88 | 641 |
| 2023 Q4 | 2,640,778 | $268,350,013 | -$14,102,096 | $101.17 | 8 |
| 2023 Q3 | 554,947,412 | $48,785,705,982 | +$1,428,979,452 | $87.44 | 608 |
| 2023 Q2 | 541,950,086 | $51,798,290,169 | -$1,391,251,534 | $95.51 | 612 |
| 2023 Q1 | 488,134,414 | $46,659,688,744 | -$576,864,961 | $95.58 | 628 |
| 2022 Q4 | 560,043,168 | $52,893,416,906 | +$388,160,688 | $94.02 | 624 |
| 2022 Q3 | 562,899,662 | $50,888,770,394 | -$423,478,582 | $90.04 | 580 |
| 2022 Q2 | 562,804,656 | $54,883,346,861 | -$1,353,951,673 | $96.82 | 612 |
| 2022 Q1 | 570,231,439 | $63,019,893,713 | +$128,670,460 | $110.26 | 641 |
| 2021 Q4 | 568,842,417 | $60,430,057,591 | -$1,567,237,936 | $106.14 | 626 |
| 2021 Q3 | 600,547,346 | $60,196,633,935 | +$372,097,236 | $99.48 | 593 |
| 2021 Q2 | 595,432,128 | $60,632,639,851 | -$1,322,780,998 | $101.31 | 589 |
| 2021 Q1 | 608,419,302 | $56,583,479,628 | +$908,903,025 | $92.21 | 572 |
| 2020 Q4 | 572,164,766 | $47,102,331,078 | +$319,067,903 | $82.06 | 550 |
| 2020 Q3 | 572,515,643 | $40,243,760,699 | -$812,017,088 | $70.14 | 490 |
| 2020 Q2 | 586,215,317 | $39,696,263,836 | -$501,057,846 | $67.80 | 477 |
| 2020 Q1 | 593,532,335 | $36,360,139,428 | +$441,251,960 | $61.55 | 472 |
| 2019 Q4 | 586,018,415 | $46,390,685,639 | -$483,845,380 | $79.20 | 528 |
| 2019 Q3 | 591,630,456 | $48,008,254,269 | +$519,941,546 | $81.16 | 508 |
| 2019 Q2 | 581,297,076 | $46,086,664,762 | +$692,621,503 | $79.40 | 502 |
| 2019 Q1 | 581,752,596 | $43,944,478,759 | +$277,262,714 | $75.55 | 506 |
| 2018 Q4 | 578,582,624 | $39,615,733,234 | +$67,722,848 | $68.52 | 494 |
| 2018 Q3 | 577,175,181 | $46,176,890,946 | +$932,051,482 | $80.18 | 498 |
| 2018 Q2 | 566,382,970 | $42,642,970,707 | -$160,452,928 | $75.30 | 482 |
| 2018 Q1 | 580,616,484 | $44,810,600,157 | +$123,292,366 | $77.28 | 493 |
| 2017 Q4 | 590,293,068 | $48,215,644,684 | +$1,096,413,881 | $81.65 | 491 |
| 2017 Q3 | 597,361,807 | $46,156,799,400 | +$94,707,828 | $77.35 | 442 |
| 2017 Q2 | 592,009,778 | $42,916,140,544 | -$5,423,741,097 | $72.52 | 420 |
| 2017 Q1 | 672,962,577 | $49,001,487,333 | -$1,028,835,160 | $72.90 | 424 |
| 2016 Q4 | 686,745,511 | $46,314,464,364 | -$468,992,283 | $67.71 | 420 |
| 2016 Q3 | 688,617,167 | $42,619,861,337 | -$98,470,582 | $61.96 | 394 |
| 2016 Q2 | 673,715,437 | $39,747,239,746 | -$52,286,214 | $59.09 | 391 |
| 2016 Q1 | 671,050,543 | $38,699,396,411 | -$388,950,354 | $57.56 | 380 |
| 2015 Q4 | 698,125,356 | $37,401,520,473 | -$47,965,637 | $53.58 | 399 |
| 2015 Q3 | 650,074,633 | $35,885,403,113 | +$1,783,862,637 | $55.25 | 360 |
| 2015 Q2 | 668,298,453 | $40,974,154,034 | -$351,250,934 | $61.15 | 373 |
| 2015 Q1 | 623,287,489 | $37,574,241,471 | +$1,408,791,369 | $60.35 | 370 |
| 2014 Q4 | 662,247,476 | $45,923,023,756 | +$739,013,380 | $69.07 | 392 |
| 2014 Q3 | 580,720,928 | $41,615,259,519 | -$1,246,262,832 | $71.45 | 371 |
| 2014 Q2 | 665,871,688 | $47,721,204,457 | +$288,381,384 | $71.43 | 367 |
| 2014 Q1 | 647,189,707 | $42,939,232,657 | +$394,113,605 | $65.99 | 350 |