Royal Bank of Canada Ups Stake in Ryan Specialty Holdings Inc.

Royal Bank of Canada significantly increased its stake in Ryan Specialty Holdings Inc. (NYSE:RYAN) during the first quarter, purchasing an additional 26,047 shares to bring its total holdings to 87,248.

The investment firm's position in Ryan Specialty grew by 42.6% over this period, valuing its shares at $2,944,000 as of the end of the quarter.

This is not an isolated instance of institutional investors taking a greater interest in Ryan Specialty. Other notable additions to the company's shareholder base include Qsemble Capital Management LP and Vulcan Value Partners LLC, both of which acquired new positions during the fourth quarter.