Who owns RY
Which tracked institutional funds hold RY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RY company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-21). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on RY is one-sided between 2026-Q1 and 2026-Q2: 394 added or opened and 121 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RY’s largest tracked holder by dollar value, BANK OF MONTREAL /CAN/, sizes it at 4.6% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 4.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RY divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 939 tracked filers holding RY, 425 increased or opened the position and 440 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RY between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 27
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$73M
- Nykredit A/S$70M
- RENAISSANCE TECHNOLOGIES LLC$49M
- TRIGLAV INVESTMENTS, D.O.O.$32M
- Jupiter Topco LLC$24M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$24M
Full exits 73
- Beutel, Goodman & Co Ltd.$581M
- Blue Sparrow, LLC /DE$527M
- Amundi$454M
- DekaBank Deutsche Girozentrale$152M
- ACADIAN ASSET MANAGEMENT LLC$150M
- CANADA LIFE ASSURANCE Co$125M
Largest adds
- ROYAL BANK OF CANADA$3.0B
- BANK OF MONTREAL /CAN/$2.5B
- MACKENZIE FINANCIAL CORP$2.3B
- VANGUARD CAPITAL MANAGEMENT LLC$2.0B
- NORGES BANK$1.9B
- FMR LLC$1.4B
Largest trims
- TORONTO DOMINION BANK$199M
- TD Asset Management Inc$148M
- Invesco Ltd.$107M
- BANK OF AMERICA CORP /DE/$83M
- INTACT INVESTMENT MANAGEMENT INC.$64M
- Alberta Investment Management Corp$32M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ trimmed | 60,568,915 | $12.5B | 11.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 42,678,029 | $8.8B | 8.1% | 2026-Q2 |
| FIL Ltd added | 23,490,517 | $4.9B | 4.5% | 2026-Q2 |
| TD Asset Management Inc trimmed | 22,965,684 | $4.8B | 4.4% | 2026-Q2 |
| NORGES BANK added | 19,905,354 | $4.1B | 3.8% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 18,640,712 | $5.5B | 5.0% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 18,303,156 | $3.8B | 3.5% | 2026-Q2 |
| FMR LLC added | 17,803,517 | $3.7B | 3.4% | 2026-Q2 |
| 1832 Asset Management L.P. added | 17,036,711 | $3.5B | 3.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 16,356,045 | $3.4B | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 16,045,736 | $3.4B | 3.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 13,071,369 | $2.7B | 2.5% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 12,398,792 | $2.6B | 2.4% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 12,311,637 | $2.5B | 2.3% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 11,636,208 | $2.4B | 2.2% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 11,113,364 | $2.3B | 2.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 11,001,378 | $2.3B | 2.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 10,928,916 | $2.3B | 2.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 10,742,367 | $2.2B | 2.0% | 2026-Q2 |
| CIBC Asset Management Inc trimmed | 10,212,043 | $2.1B | 1.9% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 8,511,247 | $1.8B | 1.6% | 2026-Q2 |
| Legal & General Group Plc trimmed | 7,950,572 | $1.6B | 1.5% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 7,900,458 | $1.6B | 1.5% | 2026-Q2 |
| Fisher Asset Management, LLC added | 7,062,353 | $1.5B | 1.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 6,855,539 | $1.4B | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 5,266,010 | $1.1B | 1.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 3,985,000 | $825M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,938,658 | $815M | 0.7% | 2026-Q2 |
| Fiera Capital Corp trimmed | 3,872,821 | $801M | 0.7% | 2026-Q2 |
| BAILLIE GIFFORD & CO added | 3,575,634 | $740M | 0.7% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 3,315,100 | $685M | 0.6% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 3,154,398 | $653M | 0.6% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 3,073,436 | $636M | 0.6% | 2026-Q2 |
| Public Sector Pension Investment Board added | 3,021,927 | $625M | 0.6% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 2,844,107 | $588M | 0.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,611,521 | $540M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 2,609,254 | $540M | 0.5% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,553,618 | $529M | 0.5% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 2,228,739 | $523M | 0.5% | 2026-Q2 |
| OMERS ADMINISTRATION Corp added | 2,080,487 | $431M | 0.4% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 2,000,754 | $577M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 1,994,581 | $413M | 0.4% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 1,977,134 | $409M | 0.4% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 1,740,913 | $360M | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 1,600,890 | $331M | 0.3% | 2026-Q2 |
| GUARDIAN CAPITAL LP trimmed | 1,596,304 | $330M | 0.3% | 2026-Q2 |
| Assenagon Asset Management S.A. added | 1,589,605 | $329M | 0.3% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 1,565,659 | $324M | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 1,467,611 | $304M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,358,029 | $281M | 0.3% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 1,356,164 | $281M | 0.3% | 2026-Q2 |
| UBS Group AG added | 1,279,914 | $265M | 0.2% | 2026-Q2 |
| AVIVA PLC added | 1,266,537 | $262M | 0.2% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 1,262,862 | $260M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,218,010 | $252M | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,213,945 | $251M | 0.2% | 2026-Q2 |
| APG Asset Management N.V. added | 1,174,215 | $213M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,163,553 | $240M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,042,402 | $216M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 1,015,807 | $210M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,007,025 | $163M | 0.1% | 2026-Q2 |
| Hillsdale Investment Management Inc. trimmed | 1,005,143 | $208M | 0.2% | 2026-Q2 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 997,064 | $206M | 0.2% | 2026-Q2 |
| Cardinal Capital Management, Inc. trimmed | 892,539 | $184M | 0.2% | 2026-Q2 |
| Dixon Mitchell Investment Counsel Inc. added | 861,023 | $178M | 0.2% | 2026-Q2 |
| Korea Investment CORP trimmed | 847,778 | $175M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 819,618 | $170M | 0.2% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 796,805 | $165M | 0.2% | 2026-Q2 |
| REGIONS FINANCIAL CORP added | 792,301 | $164M | 0.2% | 2026-Q2 |
| BCV Asset Management Inc. trimmed | 780,250 | $160M | 0.1% | 2026-Q2 |
| Addenda Capital Inc. added | 750,840 | $221M | 0.2% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 711,236 | $147M | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 700,239 | $145M | 0.1% | 2026-Q2 |
| Canoe Financial LP added | 698,838 | $145M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 689,445 | $147M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 684,623 | $142M | 0.1% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 627,569 | $130M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 568,025 | $118M | 0.1% | 2026-Q2 |
| AustralianSuper Pty Ltd added | 561,737 | $116M | 0.1% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 550,736 | $114M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 546,598 | $113M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 535,193 | $111M | 0.1% | 2026-Q2 |
| CIDEL ASSET MANAGEMENT INC trimmed | 521,130 | $108M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 488,695 | $101M | 0.1% | 2026-Q2 |
| Capital World Investors trimmed | 481,466 | $100M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 469,423 | $97M | 0.1% | 2026-Q2 |
| Northwest & Ethical Investments L.P. trimmed | 464,627 | $96M | 0.1% | 2026-Q2 |
| UniSuper Management Pty Ltd added | 441,779 | $130M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 440,281 | $91M | 0.1% | 2026-Q2 |
| Clark Capital Management Group, Inc. added | 432,858 | $90M | 0.1% | 2026-Q2 |
| Guardian Partners Inc. trimmed | 418,144 | $87M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 410,231 | $85M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 389,758 | $81M | 0.1% | 2026-Q2 |
| Purpose Unlimited Inc. added | 389,704 | $81M | 0.1% | 2026-Q2 |
| Cumberland Partners Ltd added | 386,426 | $80M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 369,986 | $77M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 364,198 | $75M | 0.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 353,303 | $73M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 352,382 | $73M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.