Royal Bank Canada Montreal Que (RY)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Canoe Financial Lp	1,055,670	$118,931,254	1.91%
2.	Addenda Capital Inc.	699,873	$113,449,413	4.2%
3.	Cardinal Capital Management, Inc.	919,466	$103,616,514	3.52%
4.	Intact Investment Management Inc.	617,316	$69,546,460	2.38%
5.	Value Partner Investments Inc.	323,135	$36,435,862	3.15%