Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Royal Bank of Canada for the quarter ended September 30, 2023. The report discloses the U.S. equity holdings managed by Royal Bank of Canada and 21 other included institutional investment managers, including RBC Global Asset Management Inc., RBC Capital Markets, LLC, and RBC Dominion Securities Inc.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance (revenue, profit, cash flow) of Royal Bank of Canada itself. The following metrics relate to the reported investment portfolio:
- Total Portfolio Value: $369,063,327,000 (rounded to the nearest dollar).
- Total Number of Holdings: 27,503 entries.
- Number of Included Managers: 21.
- Operating Metrics: The filing text does not provide values for revenue, profit, margins, debt, or liquidity for Royal Bank of Canada.
Material Changes
The filing text does not provide comparative data for the prior period (June 30, 2023) or specific details regarding material changes in holdings, buy/sell activity, or portfolio composition shifts.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or specific risk factors regarding the investment strategy. The document includes a standard disclaimer stating that the SEC has not reviewed the information and that readers should not assume it is accurate or complete.
Important Facts for Investors to Verify
- Verify the total portfolio value of approximately $369 billion against the bank's total assets reported in its 10-K or 10-Q filings to understand the proportion of U.S. equity exposure.
- Confirm the specific holdings and concentration risks by reviewing the detailed Schedule 13F-HR tables (not included in this summary text) which list individual securities.
- Note that this report covers 22 distinct management entities; verify if specific sub-managers (e.g., RBC Capital Markets vs. RBC Global Asset Management) have distinct investment mandates.
- Recognize that this filing reflects holdings as of September 30, 2023, and does not reflect subsequent market movements or trading activity.