RBC Cuts Celsius Stake by 46.2%, Other Investors Boost Holdings

Royal Bank of Canada (RBC) decreased its stake in shares of Celsius Holdings Inc. (CELH) by 46.2% during the first quarter, according to a recent filing with the SEC.

The firm owned 160,622 shares after selling 137,684 shares during the quarter. RBC's $5.70 million stake represents about 0.06% of Celsius' outstanding stock.

This is not an isolated instance; several other large investors have made changes to their positions in CELH. Vanguard Group Inc., for example, increased its holding by 4.6% during the fourth quarter and now owns approximately 18 million shares worth $826.75 million.