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Royal Bank Cuts Stake in Amer Sports by 96.6%

Guavy AI Editorial Team Published August 26, 2026

Instruments

CAD

Royal Bank of Canada has significantly reduced its stake in Amer Sports, Inc. (NYSE:AS) by 96.6% during the first quarter.

The firm owned only 14,877 shares of the company's stock after selling a substantial 425,869 shares.

The total value of Royal Bank of Canada's holdings in Amer Sports was $489,000 at the end of the most recent reporting period.

This is not an isolated instance, as other hedge funds and institutional investors have also been adjusting their stakes in the company.

The Wire

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