Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Royal Bk Cda (RY)

931 + Investors. Track Smart Money conviction in RY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +33
Streak
4Q ▲
Buyers last Q
55%

Smart Money Signals — RY

Based on 940 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added RY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
940 hedge funds hold RY right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+189 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

451 buying371 selling
Last quarter: 451 funds bought or added vs 371 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-42 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 95 → 105 → 152 → 110. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 18% medium ■ 21% new
581 out of 940 hedge funds have held RY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

74 → 95 → 105 → 152 → 110 new funds/Q
New funds entering each quarter: 95 → 105 → 152 → 110. A growing number of institutions are discovering RY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 24% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 24% new
Entry-cohort mix of 980 holders: 641 (65%) are 2+ year veterans, 105 entered 1–2 years ago, and 234 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
56 of 934 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in RY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RY

In 2026 Q1, 451 hedge funds were net buyers of RY (110 opened a new position, 341 added to an existing one), while 371 reduced or exited (294 trimmed, 77 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 51% of total institutional value in RY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +33 funds (more new holders than closures). Total institutional holders: 940.

Hedge Fund Ownership: RY

How many hedge funds hold RY — quarterly history vs. share price
Quarterly hedge fund ownership of RY vs. share price

Market Analysis: RY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RY

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Royal Bk Cda (RY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RY has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
RY
+24.3%
XLF
+1220.3%

RY outperformed XLF by -1196.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
RY
+9.7%
XLF
+4.8%

Since the filing became public, RY outperformed XLF by +4.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

40 top-rated funds 29 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: RY
931 + Investors

Track Smart Money conviction in RY. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 931 907 2.65%
13F Shares 599M 630M -4.96%
Total Value $95.83B $107.77B -11.08%
New Positions 107 152 -45
Increased Positions 325 310 +15
Closed Positions 83 75 +8
Reduced Positions 283 254 +29
Total Calls 20 23 -13.04%
Total Puts 26 24 8.33%
PUT/CALL Ratio 1.3 1.04 Bearish

Statistics: RY

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

931 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RY. Verified SEC 13F-HR filings.

QUARTER:
Top 25 RY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scheer, Rowlett & Associates Investment Management Ltd. 12.10% 1,040,618 $168.3M
2 Mufg Securities (canada), LTD. 9.62% 2,073,220 $334.6M
3 Blue Sparrow, LLC /DE 9.02% 3,260,000 $527.4M
4 Bank of Nova Scotia Trust Co 8.52% 613,637 $99.3M
5 Summerhill Capital Management lnc. 8.05% 57,207 $9.2M
6 Canerector Inc 7.99% 75,000 $16.9M
7 Coleford Investment Management Ltd. 7.92% 200,339 $32.3M
8 Federation des caisses Desjardins du Quebec 7.79% 13,445,891 $2.17B
9 Guardian Capital LP 7.27% 1,707,110 $275.1M
10 Burkett Asset Management Ltd 6.96% 43,794 $7.1M
11 Murchinson Ltd. 6.82% 333,600 $54.0M
12 Murchinson Ltd. 6.82% 333,600 $54.0M
13 Guardian Partners Inc. 6.79% 503,889 $81.4M
14 Triasima Portfolio Management inc. 6.16% 253,012 $40.8M
15 Scotia Capital INC. 5.91% 8,898,150 $1.44B
16 Rempart Asset Management Inc. 5.75% 169,556 $27.3M
17 TD Waterhouse Canada Inc. 5.72% 11,874,976 $1.93B
18 Flat Footed LLC 5.27% 300,000 $48.5M
19 Cibc World Market INC. 5.26% 19,920,248 $3.22B
20 Intact Investment Management INC. 5.06% 1,098,659 $177.6M
21 Lorne Steinberg Wealth Management Inc. 4.99% 130,367 $21.1M
22 Cidel Asset Management Inc 4.87% 553,471 $89.2M
23 Heathbridge Capital Management Ltd. 4.84% 82,500 $13.3M
24 Addenda Capital Inc. 4.72% 745,760 $167.7M
25 Hillsdale Investment Management Inc. 4.68% 1,065,340 $172.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Royal Bk Cda (RY)

What does the Smart Money Trend signal show for RY?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added RY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RY?

Slight buying edge — 55% buying: Last quarter: 451 funds bought or added vs 371 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for RY holders?

Elite ownership — 51% AUM from top-100 funds: 56 of 934 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in RY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RY?

62% of holders stayed for 2+ years: 581 out of 940 hedge funds have held RY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Royal Bk Cda (RY) following the 2026 Q1 hedge fund 13F filings?

As of today, RY has moved +9.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +4.9%. Since the quarter end (March 31, 2026), RY has gained +24.3% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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