Royal Bank of Canada Trims Enbridge Q3 Stake, Ups Barrick Gold Shares

Wall St. Watchdog reveals information regarding Royal Bank of Canada’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 630 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $18.894 billion.

  • Enbridge Inc. (NYSE:ENB): On 06/30/2011, Royal Bank of Canada reported holding 71,732,310 shares with a market value of $2,328,430,717. This comprised 2.3% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 70,408,250 shares with a market value of $2,248,135,444. This comprised 2.83% of the total portfolio. The net change in shares for this position over the two quarters is -1,324,060. About Company: Enbridge Inc. provides energy transportation, distribution, and related services in North America and internationally. The Company operates a crude oil and liquids pipeline system, is involved in international energy projects, and is involved in natural gas transmission and midstream businesses. Enbridge also distributes natural gas and electricity, and provides retail energy products.
  • Barrick Gold Corporation (NYSE:ABX): On 06/30/2011, Royal Bank of Canada reported holding 33,202,685 shares with a market value of $1,503,749,634. This comprised 1.49% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 34,483,993 shares with a market value of $1,608,678,326. This comprised 2.03% of the total portfolio. The net change in shares for this position over the two quarters is 1,281,308. About Company: Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia, and Africa.
  • Suncor Energy Inc. (NYSE:SU): On 06/30/2011, Royal Bank of Canada reported holding 64,254,419 shares with a market value of $2,512,347,685. This comprised 2.49% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 58,374,289 shares with a market value of $1,485,041,943. This comprised 1.87% of the total portfolio. The net change in shares for this position over the two quarters is -5,880,130. About Company: Suncor Energy, Inc. is a integrated energy company focused on developing the Athabasca oil sands basin. The Company extracts and upgrades oil sands into refinery feedstock and diesel fuel, explores for, develops and produces natural gas, refines crude oil and markets a range of petroleum and petrochemical products, and operates crude oil pipelines and retail petroleum stations.
  • Canadian Natural Resources Limited (NYSE:CNQ): On 06/30/2011, Royal Bank of Canada reported holding 46,609,172 shares with a market value of $1,951,059,968. This comprised 1.93% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 43,966,546 shares with a market value of $1,286,900,822. This comprised 1.62% of the total portfolio. The net change in shares for this position over the two quarters is -2,642,626. About Company: Canadian Natural Resources Ltd. acquires, explores for, develops, and produces natural gas, crude oil, and related products. The Company operates in the Canadian provinces of Alberta, northeastern British Columbia and Saskatchewan. Canadian Natural also operates in areas which have access for exploration activities and where pipeline systems already exist.
  • Potash Corp. Of Saskatchewan Inc. (NYSE:POT): On 06/30/2011, Royal Bank of Canada reported holding 30,282,064 shares with a market value of $1,725,774,878. This comprised 1.71% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 28,348,267 shares with a market value of $1,225,212,134. This comprised 1.54% of the total portfolio. The net change in shares for this position over the two quarters is -1,933,797. About Company: Potash Corporation of Saskatchewan Inc. produces potash, phosphate, and nitrogen to the agricultural and industrial industries worldwide. The Company conducts operations in Canada, Chile, the United States, Brazil, and Trinidad.
  • Goldcorp Inc. (NYSE:GG): On 06/30/2011, Royal Bank of Canada reported holding 29,482,654 shares with a market value of $1,423,127,722. This comprised 1.41% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 25,646,448 shares with a market value of $1,170,503,871. This comprised 1.48% of the total portfolio. The net change in shares for this position over the two quarters is -3,836,206. About Company: Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario.
  • Cenovus Energy Inc. (NYSE:CVE): On 06/30/2011, Royal Bank of Canada reported holding 38,058,521 shares with a market value of $1,433,283,895. This comprised 1.42% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 36,140,303 shares with a market value of $1,109,868,672. This comprised 1.4% of the total portfolio. The net change in shares for this position over the two quarters is -1,918,218. About Company: Cenovus Energy Inc. is an integrated oil company. The Company comprises natural gas, crude oil, and natural gas liquids reserves. Cenovus Energy has established natural gas and crude oil production in Alberta and Saskatchewan as well as refineries in Illinois and Texas.
  • Teck Resources Limited (NYSE:TCK): On 06/30/2011, Royal Bank of Canada reported holding 29,272,757 shares with a market value of $1,485,299,739. This comprised 1.47% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 28,122,764 shares with a market value of $820,903,496. This comprised 1.03% of the total portfolio. The net change in shares for this position over the two quarters is -1,149,993. About Company: Teck Resources Ltd. is an integrated natural resource group with activities in mining, smelting, and refining. The Company mines zinc, copper, molybdenum, gold, and metallurgical coal in the United States, Canada, Peru, and Chile. Teck also produces refined metals, specialized metal products, and other products.
  • Encana Corp. (NYSE:ECA): On 06/30/2011, Royal Bank of Canada reported holding 33,995,154 shares with a market value of $1,046,710,823. This comprised 1.04% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 33,769,656 shares with a market value of $648,715,061. This comprised 0.82% of the total portfolio. The net change in shares for this position over the two quarters is -225,498. About Company: Encana Corporation explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The Company operates in North and South America.
  • Imperial Oil Ltd. (AMEX:IMO): On 06/30/2011, Royal Bank of Canada reported holding 14,329,190 shares with a market value of $667,596,964. This comprised 0.66% of the total portfolio. On 09/30/2011, Royal Bank of Canada reported holding 13,956,677 shares with a market value of $503,975,615. This comprised 0.64% of the total portfolio. The net change in shares for this position over the two quarters is -372,513.

(Note: Data regarding Royal Bank of Canada’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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