Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Royal Bank of Canada for the quarter ended June 30, 2015. The report discloses the U.S. equity holdings of the reporting manager and 17 other included managers, including RBC Global Asset Management Inc. and RBC Capital Markets, LLC. The report was signed on August 13, 2015.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance of Royal Bank of Canada. Key metrics disclosed include:
- Total Value of Reported Holdings: $144,695,959,000 (144.7 billion USD).
- Total Number of Holdings Entries: 21,181.
- Number of Included Managers: 17.
Note: Revenue, profit, cash flow, margins, debt, and liquidity figures for Royal Bank of Canada are not provided in this filing.
Material Changes
The filing text does not provide comparative data for the prior period to calculate material changes in holdings value or count. However, a footnote indicates a structural change: On August 29, 2014, RBC Global Asset Management Inc. sold all ownership interest in Sky Investment Counsel Inc., which is no longer identified as an "Included Manager" for this report.
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a statutory disclosure of securities holdings required by the SEC.
Investor Verification Checklist
- Verify the total reported value of $144.7 billion against the bank's total assets in its 10-K or 10-Q filings to understand the proportion of U.S. equity exposure.
- Confirm the list of 17 included managers to ensure all relevant RBC investment arms are accounted for.
- Note that this report covers only U.S. equity securities; it excludes international holdings, fixed income, derivatives, and cash positions.