Lobbying Update: $180,000 of RBC CAPITAL MARKETS LLC (FORMERLY REGISTERED AS ROYAL BANK OF CANADA) lobbying was just disclosed

$180,000 of RBC CAPITAL MARKETS LLC (FORMERLY REGISTERED AS ROYAL BANK OF CANADA) lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Issues related to capital framework and liquidity requirements for banks. Issues related to deposit insurance.
Issues related to tax reform, including the Low-Income Housing Tax Credit (LIHTC), infrastructure finance, and revisions to international tax policy.
Issues related to treasury clearing rulemaking. Issues related to US insider trading disclosure requirements."

You can find more data on corporate lobbying on Quiver Quantitative.

RY Congressional Stock Trading

Members of Congress have traded $RY stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RY stock by members of Congress over the last 6 months:

• REPRESENTATIVE MICHAEL C. BURGESS sold up to $50,000 on 07/25.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

RY Hedge Fund Activity

We have seen 303 institutional investors add shares of RY stock to their portfolio, and 268 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC added 7,702,585 shares (+75.8%) to their portfolio in Q3 2024, for an estimated $960,743,427
• GQG PARTNERS LLC added 5,743,057 shares (+236048.4%) to their portfolio in Q3 2024, for an estimated $716,331,499
• BANK OF MONTREAL /CAN/ removed 4,750,666 shares (-6.3%) from their portfolio in Q3 2024, for an estimated $592,550,570
• BANK OF NOVA SCOTIA removed 4,484,119 shares (-19.7%) from their portfolio in Q3 2024, for an estimated $559,304,162
• BANK OF AMERICA CORP /DE/ added 3,366,452 shares (+103.6%) to their portfolio in Q3 2024, for an estimated $419,897,557
• WELLINGTON MANAGEMENT GROUP LLP removed 3,349,767 shares (-29.2%) from their portfolio in Q3 2024, for an estimated $417,816,437
• NATIONAL BANK OF CANADA /FI/ removed 3,338,067 shares (-16.5%) from their portfolio in Q3 2024, for an estimated $416,357,096

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.