0001752724-24-042130.txt : 20240227 0001752724-24-042130.hdr.sgml : 20240227 20240227113746 ACCESSION NUMBER: 0001752724-24-042130 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231229 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 PERIOD START: 20240930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RBC FUNDS TRUST CENTRAL INDEX KEY: 0001272950 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21475 FILM NUMBER: 24683724 BUSINESS ADDRESS: STREET 1: 50 SOUTH SIXTH STREET STREET 2: SUITE 2350 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 612-313-1341 MAIL ADDRESS: STREET 1: 50 SOUTH SIXTH STREET STREET 2: SUITE 2350 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER COMPANY: FORMER CONFORMED NAME: TAMARACK FUNDS TRUST DATE OF NAME CHANGE: 20031212 0001272950 S000001804 RBC SMID Cap Growth Fund C000004723 A Shares TMCAX C000004724 I Shares TMCIX C000175204 Class R6 RSMRX NPORT-P 1 primary_doc.xml NPORT-P false 0001272950 XXXXXXXX S000001804 C000004724 C000175204 C000004723 RBC Funds Trust 811-21475 0001272950 549300456VUEP58RCU35 50 South Sixth Street Suite 2350 Minneapolis 55402 612-376-7000 RBC SMID Cap Growth Fund S000001804 5493004KOOK6OO7WDL78 2024-09-30 2023-12-29 N 135641302.25 168183.33 135473118.92 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N RBC BlueBay US Government Money Market Fund 549300RFDC5U7WLJKO50 RBC BlueBay US Government Money Market Fund 74926P696 1688407.76000000 NS USD 1688407.76000000 1.246304634794 Long STIV RF US N 1 N N N HealthEquity Inc 529900LRJU1RAFQHM467 HealthEquity Inc 42226A107 17814.00000000 NS USD 1181068.20000000 0.871810001434 Long EC CORP US N 1 N N N Planet Fitness Inc 549300LLE5HUPF6H8G33 Planet Fitness Inc 72703H101 19850.00000000 NS USD 1449050.00000000 1.069621790324 Long EC CORP US N 1 N N N Haemonetics Corp 549300ZEL6TXZS6F5F95 Haemonetics Corp 405024100 22317.00000000 NS USD 1908326.67000000 1.408638617914 Long EC CORP US N 1 N N N Fox Factory Holding Corp 529900GE1HSV0617R721 Fox Factory Holding Corp 35138V102 20080.00000000 NS USD 1354998.40000000 1.000197242672 Long EC CORP US N 1 N N N Azenta Inc 35ZN6X1ANPH25YN32Y17 Azenta Inc 114340102 25551.00000000 NS USD 1664392.14000000 1.228577413193 Long EC CORP US N 1 N N N Mercury Systems Inc 549300P3B84SGK7HH679 Mercury Systems Inc 589378108 43764.00000000 NS USD 1600449.48000000 1.181377894566 Long EC CORP US N 1 N N N Avid Bioservices Inc 549300GRUS3ZMGP8MX22 Avid Bioservices Inc 05368M106 115560.00000000 NS USD 751140.00000000 0.554456859034 Long EC CORP US N 1 N N N Integer Holdings Corp 549300SUD2ED5XG6X569 Integer Holdings Corp 45826H109 25070.00000000 NS USD 2483935.60000000 1.833526547408 Long EC CORP US N 1 N N N Medpace Holdings Inc 549300H8TYEUVTW14A54 Medpace Holdings Inc 58506Q109 6870.00000000 NS USD 2105861.10000000 1.554449411653 Long EC CORP US N 1 N N N Dynatrace Inc N/A Dynatrace Inc 268150109 34160.00000000 NS USD 1868210.40000000 1.379026640040 Long EC CORP US N 1 N N N ePlus Inc 529900FFY8AAFJ21NE91 ePlus Inc 294268107 30598.00000000 NS USD 2442944.32000000 1.803268677561 Long EC CORP US N 1 N N N Tetra Tech Inc 549300UJ1LP7JGJC5P32 Tetra Tech Inc 88162G103 14860.00000000 NS USD 2480579.80000000 1.831049450824 Long EC CORP US N 1 N N N PubMatic Inc N/A PubMatic Inc 74467Q103 70508.00000000 NS USD 1149985.48000000 0.848866172985 Long EC CORP US N 1 N N N Ollie's Bargain Outlet Holding 529900YO5DSQCPEFDZ05 Ollie's Bargain Outlet Holdings Inc 681116109 25540.00000000 NS USD 1938230.60000000 1.430712318024 Long EC CORP US N 1 N N N ICF International Inc 5493003KYFDDC5B3WY64 ICF International Inc 44925C103 15862.00000000 NS USD 2126935.58000000 1.570005619532 Long EC CORP US N 1 N N N Novanta Inc N/A Novanta Inc 67000B104 12576.00000000 NS USD 2117924.16000000 1.563353805451 Long EC CORP US N 1 N N N Woodward Inc YPYKXXTR8TFDH54ZMB45 Woodward Inc 980745103 17759.00000000 NS USD 2417532.67000000 1.784510971086 Long EC CORP US N 1 N N N Omnicell Inc 5493008RH0GTKHHPZI77 Omnicell Inc 68213N109 31950.00000000 NS USD 1202278.50000000 0.887466465365 Long EC CORP US N 1 N N N Installed Building Products In 549300I95Y9P9YM5FI86 Installed Building Products Inc 45780R101 12646.00000000 NS USD 2311941.72000000 1.706568608171 Long EC CORP US N 1 N N N STAAR Surgical Co 5299006LRHI7OJ8BY308 STAAR Surgical Co 852312305 21420.00000000 NS USD 668518.20000000 0.493469261894 Long EC CORP US N 1 N N N Globant SA 2221008DCMSPYS42DS88 Globant SA 000000000 6806.00000000 NS USD 1619691.88000000 1.195581745598 Long EC CORP UY N 1 N N N TechTarget Inc 529900YQA5JL2H2VMB84 TechTarget Inc 87874R100 42150.00000000 NS USD 1469349.00000000 1.084605574680 Long EC CORP US N 1 N N N RBC Bearings Inc N/A RBC Bearings Inc 75524B104 7890.00000000 NS USD 2247782.10000000 1.659208939691 Long EC CORP US N 1 N N N Repligen Corp 54930006QJ0T5AUO1E71 Repligen Corp 759916109 10320.00000000 NS USD 1855536.00000000 1.369670983286 Long EC CORP US N 1 N N N Neogen Corp 549300HJT9FC36N4UW43 Neogen Corp 640491106 81160.00000000 NS USD 1632127.60000000 1.204761219798 Long EC CORP US N 1 N N N CyberArk Software Ltd 529900YEXNDM894PWS93 CyberArk Software Ltd 000000000 11289.00000000 NS USD 2472855.45000000 1.825347692378 Long EC CORP IL N 1 N N N Diodes Inc 549300XP2X1ARVH3BX23 Diodes Inc 254543101 26099.00000000 NS USD 2101491.48000000 1.551223959965 Long EC CORP US N 1 N N N LCI Industries 549300E1B98YNJ1WIQ04 LCI Industries 50189K103 14458.00000000 NS USD 1817515.18000000 1.341605769830 Long EC CORP US N 1 N N N Silicon Laboratories Inc 4PRDF8Q9TDHRVZKZSZ47 Silicon Laboratories Inc 826919102 12910.00000000 NS USD 1707605.70000000 1.260475667507 Long EC CORP US N 1 N N N Informatica Inc N/A Informatica Inc 45674M101 56550.00000000 NS USD 1605454.50000000 1.185072369189 Long EC CORP US N 1 N N N Altair Engineering Inc 549300FJ89HZ6GU9S994 Altair Engineering Inc 021369103 20787.00000000 NS USD 1749226.05000000 1.291197887776 Long EC CORP US N 1 N N N Performance Food Group Co 549300EUK8GR9IT1YK57 Performance Food Group Co 71377A103 27161.00000000 NS USD 1878183.15000000 1.386388063530 Long EC CORP US N 1 N N N Onto Innovation Inc 254900RXZVN73CHOO062 Onto Innovation Inc 683344105 18220.00000000 NS USD 2785838.00000000 2.056376956704 Long EC CORP US N 1 N N N Five9 Inc 254900MXP6EWY0SFFR59 Five9 Inc 338307101 15510.00000000 NS USD 1220481.90000000 0.900903374580 Long EC CORP US N 1 N N N TechnipFMC PLC 549300D5I93QWCJTCK36 TechnipFMC PLC 000000000 179840.00000000 NS USD 3621977.60000000 2.673576595028 Long EC CORP GB N 1 N N N MSC Industrial Direct Co Inc 0XVKH0LN6YGOWO2EGO17 MSC Industrial Direct Co Inc 553530106 10661.00000000 NS USD 1079532.86000000 0.796861302527 Long EC CORP US N 1 N N N G-III Apparel Group Ltd 529900O5KABM3R3SFM87 G-III Apparel Group Ltd 36237H101 46420.00000000 NS USD 1577351.60000000 1.164328106250 Long EC CORP US N 1 N N N Columbia Sportswear Co 549300OTMCIEUXAH5Z60 Columbia Sportswear Co 198516106 16299.00000000 NS USD 1296422.46000000 0.956959188904 Long EC CORP US N 1 N N N Envestnet Inc 549300HLWZ5OKIDM8737 Envestnet Inc 29404K106 30521.00000000 NS USD 1511399.92000000 1.115645621839 Long EC CORP US N 1 N N N SPS Commerce Inc 2549006XVF9GCCETDQ72 SPS Commerce Inc 78463M107 12952.00000000 NS USD 2510615.68000000 1.853220550331 Long EC CORP US N 1 N N N AptarGroup Inc VNPEQDQFAA7IY1T2PX43 AptarGroup Inc 038336103 11285.00000000 NS USD 1395051.70000000 1.029762739000 Long EC CORP US N 1 N N N ASGN Inc LZBNYYCBUKY537072438 ASGN Inc 00191U102 14270.00000000 NS USD 1372345.90000000 1.013002366034 Long EC CORP US N 1 N N N HB Fuller Co JSMX3Z5FOYM8V0Q52357 HB Fuller Co 359694106 16663.00000000 NS USD 1356534.83000000 1.001331364343 Long EC CORP US N 1 N N N Merit Medical Systems Inc 549300OYTY138SP2CE83 Merit Medical Systems Inc 589889104 36738.00000000 NS USD 2790618.48000000 2.059905686269 Long EC CORP US N 1 N N N Texas Roadhouse Inc 5299002Y1CNRPDGXTQ75 Texas Roadhouse Inc 882681109 13560.00000000 NS USD 1657438.80000000 1.223444778723 Long EC CORP US N 1 N N N Sapiens International Corp NV N/A Sapiens International Corp NV 000000000 58360.00000000 NS USD 1688938.40000000 1.246696328736 Long EC CORP IL N 1 N N N Lamar Advertising Co 529900Y8WW4MKVPTB543 Lamar Advertising Co 512816109 14384.00000000 NS USD 1528731.52000000 1.128439008555 Long EC CORP US N 1 N N N Casey's General Stores Inc 549300CAFWSI86V66Q65 Casey's General Stores Inc 147528103 6105.00000000 NS USD 1677287.70000000 1.238096320045 Long EC CORP US N 1 N N N Gentherm Inc HKM6YX1U5JS60TCUB219 Gentherm Inc 37253A103 26969.00000000 NS USD 1412096.84000000 1.042344674173 Long EC CORP US N 1 N N N Nexstar Media Group Inc 52990083ZRR5UT591988 Nexstar Media Group Inc 65336K103 12787.00000000 NS USD 2004362.25000000 1.479527647978 Long EC CORP US N 1 N N N CONMED Corp Z6C0YCECH9DCU5ZIQW84 CONMED Corp 207410101 14340.00000000 NS USD 1570373.40000000 1.159177121276 Long EC CORP US N 1 N N N WEX Inc T9M5IGROL1TL1G5OV478 WEX Inc 96208T104 12123.00000000 NS USD 2358529.65000000 1.740957666585 Long EC CORP US N 1 N N N Perficient Inc 549300HTBXKL2755T650 Perficient Inc 71375U101 24140.00000000 NS USD 1588894.80000000 1.172848763405 Long EC CORP US N 1 N N N Enpro Inc 549300Y5CFT2LKCFDN54 Enpro Inc 29355X107 12050.00000000 NS USD 1888717.00000000 1.394163665129 Long EC CORP US N 1 N N N AGCO Corp LYOM0B2GCF1JWXK5ZG04 AGCO Corp 001084102 11430.00000000 NS USD 1387716.30000000 1.024348085482 Long EC CORP US N 1 N N N Reliance Steel & Aluminum Co 549300E287ZOFT3C5Z56 Reliance Steel & Aluminum Co 759509102 5482.00000000 NS USD 1533205.76000000 1.131741685895 Long EC CORP US N 1 N N N Applied Industrial Technologie 549300NU173IJRC6PO38 Applied Industrial Technologies Inc 03820C105 13233.00000000 NS USD 2285206.77000000 1.686834102748 Long EC CORP US N 1 N N N CACI International Inc SYRPI2D1O9WRTS2WX210 CACI International Inc 127190304 4480.00000000 NS USD 1450892.80000000 1.070982060180 Long EC CORP US N 1 N N N ExlService Holdings Inc 81E3DTNF6OSH489ZOV15 ExlService Holdings Inc 302081104 54835.00000000 NS USD 1691659.75000000 1.248705103629 Long EC CORP US N 1 N N N Bio-Techne Corp 54930073RLKQ51TILZ35 Bio-Techne Corp 09073M104 26210.00000000 NS USD 2022363.60000000 1.492815413214 Long EC CORP US N 1 N N N Plexus Corp 549300W7HCBI5YT25I79 Plexus Corp 729132100 14840.00000000 NS USD 1604649.20000000 1.184477933919 Long EC CORP US N 1 N N N John Bean Technologies Corp 5493007CT6ATBZ2L6826 John Bean Technologies Corp 477839104 13230.00000000 NS USD 1315723.50000000 0.971206325276 Long EC CORP US N 1 N N N Landstar System Inc 254900CUQXQRL09MEI52 Landstar System Inc 515098101 7277.00000000 NS USD 1409191.05000000 1.040199754190 Long EC CORP US N 1 N N N Ameresco Inc 529900NZXZGBCBXYY327 Ameresco Inc 02361E108 32654.00000000 NS USD 1034152.18000000 0.763363380310 Long EC CORP US N 1 N N N Badger Meter Inc 5493002JENE20OGTUG20 Badger Meter Inc 056525108 10633.00000000 NS USD 1641416.21000000 1.211617642736 Long EC CORP US N 1 N N N Manhattan Associates Inc 529900Q1GJP7KD52SW51 Manhattan Associates Inc 562750109 8393.00000000 NS USD 1807180.76000000 1.333977378248 Long EC CORP US N 1 N N N Kinsale Capital Group Inc 529900QTUQHNZ6HOA508 Kinsale Capital Group Inc 49714P108 5967.00000000 NS USD 1998407.97000000 1.475132473461 Long EC CORP US N 1 N N N Charles River Laboratories Int 549300BSQ0R4UZ5KX287 Charles River Laboratories International Inc 159864107 7800.00000000 NS USD 1843920.00000000 1.361096588533 Long EC CORP US N 1 N N N Littelfuse Inc 549300MY7HLQFYTPCX75 Littelfuse Inc 537008104 5168.00000000 NS USD 1382750.08000000 1.020682251226 Long EC CORP US N 1 N N N Balchem Corp 549300VR70OPMHUI3557 Balchem Corp 057665200 10608.00000000 NS USD 1577940.00000000 1.164762435957 Long EC CORP US N 1 N N N Integra LifeSciences Holdings WB7IJCYY8YFTENS4O147 Integra LifeSciences Holdings Corp 457985208 25945.00000000 NS USD 1129904.75000000 0.834043505462 Long EC CORP US N 1 N N N FirstCash Holdings Inc N/A FirstCash Holdings Inc 33768G107 12656.00000000 NS USD 1371783.84000000 1.012587479299 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores Inc 122017106 9750.00000000 NS USD 1896180.00000000 1.399672507074 Long EC CORP US N 1 N N N Stifel Financial Corp 549300E5F07FE5GHJX84 Stifel Financial Corp 860630102 25310.00000000 NS USD 1750186.50000000 1.291906847611 Long EC CORP US N 1 N N N Certara Inc N/A Certara Inc 15687V109 67040.00000000 NS USD 1179233.60000000 0.870455784439 Long EC CORP US N 1 N N N Paylocity Holding Corp 549300VH75FTB4DIEE07 Paylocity Holding Corp 70438V106 9660.00000000 NS USD 1592451.00000000 1.175473786013 Long EC CORP US N 1 N N N Jack Henry & Associates Inc 529900X1QS8C54W0JB21 Jack Henry & Associates Inc 426281101 7692.00000000 NS USD 1256949.72000000 0.927822235156 Long EC CORP US N 1 N N N 2024-02-27 RBC Funds Trust Kathy Hegna Kathy Hegna Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc. XXXX NPORT-EX 2 RCTM020RBC123123.htm
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC SMID Cap Growth Fund 

December 31, 2023 (Unaudited)
Shares   Value
Common Stocks — 98.36%  
Communication Services — 3.41%  
12,787 Nexstar Media Group, Inc. $2,004,362
70,508 PubMatic, Inc., Class A* 1,149,986
42,150 TechTarget, Inc.* 1,469,349
    4,623,697
Consumer Discretionary — 12.32%  
9,750 Burlington Stores, Inc.* 1,896,180
16,299 Columbia Sportswear Co. 1,296,422
20,080 Fox Factory Holding Corp.* 1,354,998
26,969 Gentherm, Inc.* 1,412,097
46,420 G-III Apparel Group Ltd.* 1,577,352
12,646 Installed Building Products, Inc. 2,311,942
14,458 LCI Industries 1,817,515
25,540 Ollie’s Bargain Outlet Holdings, Inc.* 1,938,230
19,850 Planet Fitness, Inc., Class A* 1,449,050
13,560 Texas Roadhouse, Inc. 1,657,439
    16,711,225
Consumer Staples — 2.62%  
6,105 Casey’s General Stores, Inc. 1,677,288
27,161 Performance Food Group Co.* 1,878,183
    3,555,471
Energy — 2.67%  
179,840 TechnipFMC Plc 3,621,978
     
Financials — 6.44%  
12,656 FirstCash Holdings, Inc. 1,371,784
7,692 Jack Henry & Associates, Inc. 1,256,950
5,967 Kinsale Capital Group, Inc. 1,998,408
25,310 Stifel Financial Corp. 1,750,186
12,123 WEX, Inc.* 2,358,530
    8,735,858
Health Care — 19.16%  
115,560 Avid Bioservices, Inc.* 751,140
25,551 Azenta, Inc.* 1,664,392
26,210 Bio-Techne Corp. 2,022,364
67,040 Certara, Inc.* 1,179,234
7,800 Charles River Laboratories International, Inc.* 1,843,920
14,340 CONMED Corp. 1,570,373
22,317 Haemonetics Corp.* 1,908,327
17,814 HealthEquity, Inc.* 1,181,068
25,070 Integer Holdings Corp.* 2,483,936
25,945 Integra LifeSciences Holdings Corp.* 1,129,905
6,870 Medpace Holdings, Inc.* 2,105,861
36,738 Merit Medical Systems, Inc.* 2,790,618
1

SCHEDULE OF PORTFOLIO INVESTMENTS
RBC SMID Cap Growth Fund  (cont.)

December 31, 2023 (Unaudited)
Shares   Value
81,160 Neogen Corp.* $1,632,128
31,950 Omnicell, Inc.* 1,202,278
10,320 Repligen Corp.* 1,855,536
21,420 STAAR Surgical Co.* 668,518
    25,989,598
Industrials — 20.18%  
11,430 AGCO Corp. 1,387,716
32,654 Ameresco, Inc., Class A* 1,034,152
13,233 Applied Industrial Technologies, Inc. 2,285,207
14,270 ASGN, Inc.* 1,372,346
4,480 CACI International, Inc., Class A* 1,450,893
12,050 EnPro Industries, Inc. 1,888,717
54,835 ExlService Holdings, Inc.* 1,691,660
15,862 ICF International, Inc. 2,126,936
13,230 John Bean Technologies Corp. 1,315,723
7,277 Landstar System, Inc. 1,409,191
43,764 Mercury Systems, Inc.* 1,600,449
10,661 MSC Industrial Direct Co., Inc., Class A 1,079,533
9,660 Paylocity Holding Corp.* 1,592,451
7,890 RBC Bearings, Inc.* 2,247,782
14,860 Tetra Tech, Inc. 2,480,580
17,759 Woodward, Inc. 2,417,533
    27,380,869
Information Technology — 26.11%  
20,787 Altair Engineering, Inc., Class A* 1,749,226
10,633 Badger Meter, Inc. 1,641,416
11,289 CyberArk Software Ltd.* 2,472,855
26,099 Diodes, Inc.* 2,101,492
34,160 Dynatrace, Inc.* 1,868,210
30,521 Envestnet, Inc.* 1,511,400
30,598 ePlus, Inc.* 2,442,944
15,510 Five9, Inc.* 1,220,482
6,806 Globant SA* 1,619,692
56,550 Informatica, Inc., Class A* 1,605,455
5,168 Littelfuse, Inc. 1,382,750
8,393 Manhattan Associates, Inc.* 1,807,181
12,576 Novanta, Inc.* 2,117,924
18,220 Onto Innovation, Inc.* 2,785,838
24,140 Perficient, Inc.* 1,588,895
14,840 Plexus Corp.* 1,604,649
58,360 Sapiens International Corp. NV 1,688,938
12,910 Silicon Laboratories, Inc.* 1,707,606
12,952 SPS Commerce, Inc.* 2,510,616
    35,427,569
Materials — 4.32%  
11,285 AptarGroup, Inc. 1,395,051
2

SCHEDULE OF PORTFOLIO INVESTMENTS
RBC SMID Cap Growth Fund  (cont.)

December 31, 2023 (Unaudited)
Shares   Value
10,608 Balchem Corp. $1,577,940
16,663 HB Fuller Co. 1,356,535
5,482 Reliance Steel & Aluminum Co. 1,533,206
    5,862,732
Real Estate — 1.13%  
14,384 Lamar Advertising Co., REIT, Class A 1,528,731
     
     
Total Common Stocks 133,437,728
(Cost $108,538,880)  
Investment Company — 1.24%  
1,688,408 RBC BlueBay U.S. Goverment Money Market Fund,
Institutional Class 1(a)
1,688,408
     
Total Investment Company 1,688,408
(Cost $1,688,408)  
     
Total Investments $135,126,136
(Cost $110,227,288) — 99.60%  
Other assets in excess of liabilities — 0.40% 537,287
NET ASSETS — 100.00% $135,663,423

* Non-income producing security.
(a) Affiliated investment.
    
Abbreviations used are defined below:
REIT - Real Estate Investment Trust
3