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Varma Invests Heavily in Royal Bank of Canada with $50M Stake

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CAD
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Varma Mutual Pension Insurance Co has invested $50.78 million in Royal Bank of Canada (NYSE:RY), purchasing 245,329 shares in the second quarter.

This is not an isolated instance, as other institutional investors have also modified their holdings of RY during this period.

Brighton Jones LLC increased its holdings by 33.1% in Q4, while AQR Capital Management LLC boosted its position by 60.9% in Q1.

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