Who owns RY (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-Q1 13F filings. 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
136 tracked funds added or opened RY while 248 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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, VANGUARD GROUP INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 0.3pp gap the other way — the median holder sizes RY more heavily than its largest holder by dollar value does.
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 2025-Q4 and 2026-Q1, across 933 tracked filers holding RY, 432 increased or opened the position and 370 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 2025-Q4 and 2026-Q1 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 49
- VANGUARD CAPITAL MANAGEMENT LLC$6.8B
- VANGUARD FIDUCIARY TRUST CO$2.0B
- Vanguard Global Advisers, LLC$1.6B
- Blue Sparrow, LLC /DE$527M
- VANGUARD ASSET MANAGEMENT, Ltd$457M
- Vanguard Investments Australia, Ltd.$113M
Full exits 35
- VANGUARD GROUP INC$11.5B
- Jefferies Financial Group Inc.$69M
- FORSTA AP-FONDEN$53M
- MUFG Securities EMEA plc$49M
- Skandinaviska Enskilda Banken AB (publ)$48M
- Capital Research Global Investors$30M
Largest adds
- TD Waterhouse Canada Inc.$1.0B
- Federation des caisses Desjardins du Quebec$579M
- Public Sector Pension Investment Board$259M
- GOLDMAN SACHS GROUP INC$189M
- MORGAN STANLEY$112M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$98M
Largest trims
- NORGES BANK$1.2B
- ROYAL BANK OF CANADA$709M
- TORONTO DOMINION BANK$564M
- BANK OF NOVA SCOTIA$534M
- MACKENZIE FINANCIAL CORP$450M
- TD Asset Management Inc$401M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ added | 62,158,399 | $10.1B | 10.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 42,221,657 | $6.8B | 7.0% | 2026-Q1 |
| TD Asset Management Inc trimmed | 30,421,111 | $4.9B | 5.1% | 2026-Q1 |
| FIL Ltd trimmed | 22,127,578 | $3.6B | 3.7% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 19,920,248 | $3.2B | 3.3% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 19,481,596 | $3.1B | 3.3% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 16,505,826 | $2.7B | 2.8% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 16,182,381 | $2.6B | 2.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 14,354,998 | $2.4B | 2.5% | 2026-Q1 |
| FMR LLC trimmed | 13,876,716 | $2.2B | 2.3% | 2026-Q1 |
| NORGES BANK trimmed | 19,777,457 | $2.2B | 2.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 13,445,891 | $2.2B | 2.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA trimmed | 12,761,696 | $2.1B | 2.1% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 12,309,966 | $2.0B | 2.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 12,130,512 | $2.0B | 2.0% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 11,874,976 | $1.9B | 2.0% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 11,339,321 | $1.8B | 1.9% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 10,834,613 | $1.8B | 1.8% | 2026-Q1 |
| CIBC Asset Management Inc trimmed | 10,477,058 | $1.7B | 1.7% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 9,965,831 | $1.6B | 1.7% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 9,847,449 | $1.6B | 1.6% | 2026-Q1 |
| SCOTIA CAPITAL INC. trimmed | 8,898,150 | $1.4B | 1.5% | 2026-Q1 |
| Legal & General Group Plc trimmed | 8,645,599 | $1.4B | 1.4% | 2026-Q1 |
| Fisher Asset Management, LLC added | 6,711,554 | $1.1B | 1.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 6,851,937 | $1.1B | 1.1% | 2026-Q1 |
| MORGAN STANLEY added | 5,189,064 | $839M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 4,674,744 | $756M | 0.8% | 2026-Q1 |
| Fiera Capital Corp trimmed | 4,220,026 | $681M | 0.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,810,958 | $614M | 0.6% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 3,734,189 | $603M | 0.6% | 2026-Q1 |
| Beutel, Goodman & Co Ltd. trimmed | 3,605,831 | $581M | 0.6% | 2026-Q1 |
| Blue Sparrow, LLC /DE new | 3,260,000 | $527M | 0.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 2,157,232 | $477M | 0.5% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 2,825,679 | $457M | 0.5% | 2026-Q1 |
| Amundi added | 2,808,441 | $454M | 0.5% | 2026-Q1 |
| AGF MANAGEMENT LTD added | 2,435,954 | $440M | 0.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 2,712,468 | $439M | 0.5% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT added | 2,654,433 | $429M | 0.4% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 2,646,066 | $426M | 0.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,576,368 | $417M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 2,416,229 | $391M | 0.4% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 2,410,402 | $390M | 0.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 2,403,672 | $389M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 2,396,327 | $387M | 0.4% | 2026-Q1 |
| Alberta Investment Management Corp added | 2,200,448 | $356M | 0.4% | 2026-Q1 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 2,073,220 | $335M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 2,066,234 | $334M | 0.3% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 1,848,822 | $298M | 0.3% | 2026-Q1 |
| GUARDIAN CAPITAL LP trimmed | 1,707,110 | $275M | 0.3% | 2026-Q1 |
| BlackRock, Inc. added | 1,423,821 | $230M | 0.2% | 2026-Q1 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 1,423,097 | $229M | 0.2% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 1,380,387 | $222M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,270,046 | $205M | 0.2% | 2026-Q1 |
| AVIVA PLC added | 1,215,703 | $196M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,207,454 | $195M | 0.2% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. added | 1,098,659 | $178M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,016,616 | $173M | 0.2% | 2026-Q1 |
| Hillsdale Investment Management Inc. added | 1,065,340 | $172M | 0.2% | 2026-Q1 |
| Scheer, Rowlett & Associates Investment Management Ltd. added | 1,040,618 | $168M | 0.2% | 2026-Q1 |
| Addenda Capital Inc. added | 745,760 | $168M | 0.2% | 2026-Q1 |
| UBS Group AG added | 1,030,378 | $167M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 1,025,409 | $164M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 999,116 | $161M | 0.2% | 2026-Q1 |
| Korea Investment CORP trimmed | 950,015 | $153M | 0.2% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 945,161 | $152M | 0.2% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 927,933 | $150M | 0.2% | 2026-Q1 |
| Cardinal Capital Management, Inc. added | 895,739 | $144M | 0.1% | 2026-Q1 |
| Dixon Mitchell Investment Counsel Inc. trimmed | 812,192 | $131M | 0.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury trimmed | 798,095 | $129M | 0.1% | 2026-Q1 |
| REGIONS FINANCIAL CORP added | 792,275 | $128M | 0.1% | 2026-Q1 |
| BCV Asset Management Inc. trimmed | 794,717 | $128M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 770,661 | $125M | 0.1% | 2026-Q1 |
| APG Asset Management N.V. added | 868,881 | $122M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 727,209 | $121M | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 731,591 | $118M | 0.1% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 696,346 | $113M | 0.1% | 2026-Q1 |
| Capital World Investors added | 694,842 | $112M | 0.1% | 2026-Q1 |
| Canoe Financial LP added | 693,571 | $112M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 686,230 | $110M | 0.1% | 2026-Q1 |
| OMERS ADMINISTRATION Corp trimmed | 681,357 | $110M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 633,974 | $102M | 0.1% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 628,758 | $101M | 0.1% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 626,197 | $101M | 0.1% | 2026-Q1 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 613,637 | $99M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 589,862 | $95M | 0.1% | 2026-Q1 |
| CIDEL ASSET MANAGEMENT INC added | 553,471 | $89M | 0.1% | 2026-Q1 |
| UniSuper Management Pty Ltd added | 391,917 | $88M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 522,141 | $84M | 0.1% | 2026-Q1 |
| Guardian Partners Inc. trimmed | 503,889 | $81M | 0.1% | 2026-Q1 |
| Northwest & Ethical Investments L.P. trimmed | 494,832 | $80M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 472,166 | $76M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 458,451 | $74M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 448,194 | $72M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 442,081 | $71M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 67,628,463 | $11.5B | 11.9% | 2025-Q4 stale |
| JARISLOWSKY, FRASER Ltd trimmed | 1,645,780 | $243M | 0.3% | 2025-Q3 stale |
| AXA S.A. added | 955,241 | $126M | 0.1% | 2025-Q2 stale |
| Nearwater Capital Markets, Ltd new | 738,000 | $109M | 0.1% | 2025-Q3 stale |
| Burgundy Asset Management Ltd. trimmed | 639,134 | $93M | 0.1% | 2025-Q3 stale |
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.