Royal Bank of Canada Reports Reduced 4.37% Stake in Brookfield Infrastructure Partners LP

On May 15, 2026, Royal Bank of Canada filed a Schedule 13G/A with the SEC, reporting a 4.37% ownership stake in Brookfield Infrastructure Partners LP (BIP). The filing indicates that the bank beneficially owns 20,102,712 common shares. This represents a decrease in position to below the 5% reporting threshold, as the filing is marked with an amendment number and includes a certification that the shares are now held at a level of 5% or less. The shares are held through various subsidiaries, including RBC Global Asset Management Inc. and RBC Phillips Hager & North Investment Counsel Inc., in the ordinary course of business. Royal Bank of Canada reported shared voting and dispositive power over the entire 20,102,712 shares, with no sole voting or dispositive power claimed. The event triggering this filing occurred on March 31, 2026. The filing confirms the securities were not acquired for the purpose of influencing or changing the control of the issuer.