Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Royal Bank of Canada for the reporting period ended December 31, 2023. The report was signed on February 13, 2024, by Sherry Coulter, MD, Head of Regulatory & Risk Operations. This filing represents a consolidated report covering the holdings of Royal Bank of Canada and 20 other included institutional investment managers, including RBC Global Asset Management Inc., RBC Capital Markets, LLC, and various trust and advisory subsidiaries.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the operating financial performance (revenue, profit, cash flow) of the Royal Bank of Canada itself. The key metrics provided relate to the aggregate portfolio managed by the reporting entities:
- Total Value of Reported Holdings: $428,269,154,000 (rounded to the nearest dollar).
- Total Number of Holdings Entries: 29,380.
- Number of Included Managers: 20.
Note: The filing text does not provide data on Royal Bank of Canada's corporate revenue, profit margins, debt levels, or liquidity ratios.
Material Changes
The filing text does not provide comparative data for the prior period (e.g., September 30, 2023) to calculate material changes in total portfolio value or specific holdings. The document serves as a snapshot of holdings as of the quarter-end date.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, or specific risk factors regarding the bank's operations. The only risk disclosure present is the standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness and that readers should not assume the information is accurate or complete.
Investor Verification Checklist
- Verify the total reported value of $428.27 billion against the bank's quarterly earnings report to understand the proportion of assets under management versus total bank assets.
- Confirm the list of 20 included managers to ensure all relevant RBC subsidiaries and affiliated entities are accounted for in this consolidated view.
- Review the specific Schedule 13F holdings (not included in this summary text) to analyze sector concentration and top 10 positions.
- Check the filing date of February 13, 2024 to ensure it aligns with the regulatory deadline for Q4 2023 reporting.