MACKENZIE FINANCIAL CORP, a registered investment adviser, initiated a new position in Royal Bank of Canada (NYSE:RY) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 21,016,911 shares of the Financial Services company, valued at approximately $3.6B as of the filing date.
Royal Bank of Canada's stock currently trades at $170.38 with a market capitalization of $234.7B.