T. Rowe Price Associates Portfolio holdings
T. Rowe Price Associates, Inc., founded in 1937 by Thomas Rowe Price, Jr., is a globally recognized investment management firm headquartered in Baltimore, Maryland, known for its disciplined, research-driven approach to active investing. The company manages hundreds of billions in assets, offering a wide range of mutual funds, retirement plans, and advisory services tailored to individual investors, institutions, and financial intermediaries. Emphasizing long-term growth and a conservative investment philosophy, T. Rowe Price has built a strong reputation for its equity and fixed-income funds, often focusing on fundamental analysis to identify undervalued opportunities. Still publicly traded and independent, it remains a trusted name in the industry, balancing tradition with innovation to meet evolving client needs.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLB Ltd
SLB
|
+$2.48B |
| 2 |
Kenvue
KVUE
|
+$1.5B |
| 3 |
Halliburton
HAL
|
+$1.12B |
| 4 |
Boeing
BA
|
+$950M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$920M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.64B |
| 2 |
Apple
AAPL
|
+$1.9B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.66B |
| 4 |
Johnson & Johnson
JNJ
|
+$1.56B |
| 5 |
Amazon
AMZN
|
+$1.17B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.76% |
| 2 | Healthcare | 16.83% |
| 3 | Financials | 10.91% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Communication Services | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Baker Hughes
BKR
$63.1B
| $451M | 0.07% |
12,773,027
+1,394,760
| +12% | +$49.4M |
|
252
General Motors
GM
$76.2B
| $448M | 0.07% |
13,586,776
-3,751,554
| -22% | -$133M |
|
253
Cameco
CCJ
$42.8B
| $447M | 0.07% |
11,286,734
+1,057,838
| +10% | +$37.4M |
|
254
Citigroup
C
$231B
| $441M | 0.06% |
10,727,979
+358,863
| +3% | +$15.8M |
|
255
WillScot Mobile Mini Holdings
WSC
$4.06B
| $439M | 0.06% |
10,566,963
+75,718
| +0.7% | +$3.33M |
|
256
Marriott International
MAR
$92.6B
| $437M | 0.06% |
2,225,691
+142,206
| +7% | +$28.2M |
|
257
TransUnion
TRU
$15.1B
| $436M | 0.06% |
6,069,383
-1,162,708
| -16% | -$91.2M |
|
258
Toro Company
TTC
$9.26B
| $430M | 0.06% |
5,169,050
-129,251
| -2% | -$12.5M |
|
|
SEM
259
DELISTED
Select Medical
SEM
| $429M | 0.06% |
31,498,284
-2,772,160
| -8% | -$42.8M |
|
260
Kraft Heinz
KHC
$29.7B
| $424M | 0.06% |
12,604,669
-368,634
| -3% | -$12.7M |
|
261
Centene
CNC
$33B
| $421M | 0.06% |
6,109,178
-540,653
| -8% | -$36M |
|
262
RenaissanceRe
RNR
$13.3B
| $419M | 0.06% |
2,117,875
+128,114
| +6% | +$24.6M |
|
263
Trane Technologies
TT
$106B
| $418M | 0.06% |
2,061,484
-238,189
| -10% | -$47.7M |
|
264
Abbott
ABT
$193B
| $416M | 0.06% |
4,292,912
-32,026
| -0.7% | -$3.36M |
|
265
Ball Corp
BALL
$16.5B
| $414M | 0.06% |
8,313,431
-6,401,222
| -44% | -$349M |
|
266
Target
TGT
$70.2B
| $413M | 0.06% |
3,736,123
-471,555
| -11% | -$59.9M |
|
267
MKS Inc
MKSI
$21.2B
| $412M | 0.06% |
4,759,567
+1,172,608
| +33% | +$114M |
|
268
Keurig Dr Pepper
KDP
$42B
| $403M | 0.06% |
12,763,841
+967,573
| +8% | +$31.9M |
|
269
Nu Holdings
NU
$66.5B
| $398M | 0.06% |
54,945,312
+25,501,648
| +87% | +$191M |
|
270
Best Buy
BBY
$17.9B
| $397M | 0.06% |
5,709,029
-3,127,881
| -35% | -$242M |
|
271
Deere & Co
DE
$166B
| $396M | 0.06% |
1,048,649
+222,606
| +27% | +$91.8M |
|
272
Marathon Petroleum
MPC
$98.4B
| $396M | 0.06% |
2,614,562
-98,021
| -4% | -$13.7M |
|
273
Hershey
HSY
$37.4B
| $394M | 0.06% |
1,969,598
+561,923
| +40% | +$126M |
|
274
Pinduoduo
PDD
$121B
| $394M | 0.06% |
4,016,680
+498,897
| +14% | +$43M |
|
275
NVR
NVR
$16.9B
| $392M | 0.06% |
65,667
+24,699
| +60% | +$153M |
|
Similar funds
T. Rowe Price Associates's Q3 2023 Portfolio in Review
As of Q3 2023, T. Rowe Price Associates held 2,959 positions worth $682B, down 4.9% from $718B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Trading was light in Q3 2023: portfolio turnover was 4.7%. T. Rowe Price Associates opened 69 new positions and exited 71, leaving the 2,959-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 32% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q3 2023 buy was Maplebear: 6,435,942 shares worth $191M.
- T. Rowe Price Associates added most to SLB Ltd in Q3 2023, an estimated $2.48B increase.
- T. Rowe Price Associates's biggest Q3 2023 reduction was Microsoft, cutting an estimated $2.64B.
- T. Rowe Price Associates fully exited Life Storage, Inc. in Q3 2023, selling an estimated $285M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $682B portfolio in Q3 2023.
- T. Rowe Price Associates opened 69 new positions and closed 71 in Q3 2023.
- T. Rowe Price Associates's portfolio value fell 4.9% quarter-over-quarter to $682B.
Based on T. Rowe Price Associates's 13F filing for Q3 2023, filed 14 Nov 2023.