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Invesco EQV European Equity Fund and RBC Canadian Equity Income Fund Reveal Strategic Moves in Q1 and Q4 2023

2024-04-01 20:18:06.476000

Invesco EQV European Equity Fund, managed by Invesco Ltd., has revealed its N-PORT filing for Q1 2024. The fund added 5 new stocks to its portfolio, including CRH PLC, STMicroelectronics NV, and Rentokil Initial PLC. It also increased its positions in Compagnie Financiere Richemont SA and Capgemini SE. The fund sold out its positions in Carlsberg A/S. Reductions were made in 39 stocks, including Danieli & C. Officine Meccaniche SpA and DCC PLC. As of Q1 2024, the fund's top holdings included Novo Nordisk A/S, Investor AB, Nestle SA, RELX PLC, and Chemical Works of Gedeon Richter PLC. The fund's portfolio spans across 10 industries. [28262f50]

Invesco Ltd., a global investment management firm, has acquired an additional 12,593 shares of Sterling Infrastructure, Inc. (NASDAQ: STRL), bringing its total holdings to 322,574 shares. This acquisition raises Invesco's ownership stake in Sterling Infrastructure to 1.05%, with a total value of $23,703,000. Other institutional investors and hedge funds have also recently bought and sold shares of STRL. Sterling Infrastructure, Inc. is engaged in infrastructure and rehabilitation projects primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. [34df6284]

RBC Canadian Equity Income Fund, known for its diversified portfolio of dividend-paying Canadian securities, revealed its investment activities for Q4 2023 through the latest N-PORT filing. The fund added 3 new stocks to its portfolio, including Aptiv PLC, Prologis Inc, and Hydro One Ltd. It also increased its stakes in 21 stocks, with notable increases in Capital Power Corp and Canadian Pacific Kansas City Ltd. The fund completely sold off holdings in Boston Properties Inc and iA Financial Corp Inc. It made significant reductions in AltaGas Ltd and Enbridge Inc. As of the end of Q4 2023, the fund's top holdings were Royal Bank of Canada, The Toronto-Dominion Bank, Enbridge Inc, Bank of Montreal, and Brookfield Corp. The fund's investments span across 10 of the 11 industries, with a focus on Financial Services, Energy, Real Estate, Industrials, Utilities, Basic Materials, Communication Services, Consumer Cyclical, Consumer Defensive, and Technology. [212a1828] [28262f50]

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