Susquehanna Boosts Stake in Royal Bank of Canada Amid Institutional Investor Activity
Susquehanna Fundamental Investments LLC increased its stake in Royal Bank of Canada (NYSE:RY) by 20.7% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The firm now owns 158,300 shares of the financial services provider's stock after purchasing an additional 27,200 shares during the period. Susquehanna Fundamental Investments LLC's holdings in Royal Bank Of Canada were worth $32,763,000 as of its most recent filing with the Securities and Exchange Commission.
This is not an isolated move; several other institutional investors have also added to or reduced their stakes in RY during this period. For example, Brighton Jones LLC grew its position in Royal Bank Of Canada by 33.1% during the fourth quarter, while AQR Capital Management LLC increased its holdings in shares of Royal Bank Of Canada by 60.9% during the 1st quarter.