Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Royal Bank of Canada for the quarter ended March 31, 2023. The report discloses the institutional investment manager's holdings in U.S. equity securities. The filing covers the reporting manager and 22 other included managers, including subsidiaries such as RBC Global Asset Management Inc., RBC Capital Markets, LLC, and BlueBay Asset Management LLP.
Key Financial Metrics
Form 13F filings report investment holdings rather than the operating financial performance (revenue, profit, cash flow) of the reporting institution. Consequently, the following metrics are not applicable to this document:
- Revenue, Profit, Margins: Not reported in this filing.
- Cash Flow, Debt, Liquidity: Not reported in this filing.
However, the filing provides the following aggregate portfolio metrics:
- Total Value of Reported Holdings: $353,933,076,000 (rounded to the nearest dollar).
- Total Number of Holdings Entries: 28,170.
Material Changes
The filing text does not provide comparative data for the prior period (December 31, 2022) within the summary section. Therefore, material changes in total portfolio value or specific holdings cannot be determined from the provided text alone.
Guidance, Outlook, and Risks
Form 13F filings are historical disclosures of holdings and do not contain management guidance, future outlook, or risk commentary regarding the reporting manager's business operations. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Important Facts for Investors to Verify
- Scope of Reporting: Verify that the $353.9 billion figure represents the aggregate value of U.S. equity holdings across 23 distinct management entities, not the total assets under management (AUM) of Royal Bank of Canada globally.
- Holdings Detail: The summary lists 28,170 individual entries; investors should review the full Schedule 13F-HR to analyze specific sector concentrations or top individual positions.
- Amendment Status: Confirm this is an original filing for the period, as no amendment or restatement was indicated in the cover page.
- Non-Operating Data: Ensure this document is not confused with the bank's 10-K or 10-Q filings, which would contain revenue, earnings, and liquidity data.