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 | |
|---|---|---|---|---|---|---|
301
Automatic Data Processing
ADP
$107B
| $330M | 0.05% |
1,370,442
+7,565
| +0.6% | +$1.84M |
|
302
PUT
M&T Bank
MTB
$36.7B
| $329M | 0.05% |
2,605,300
-5,000
| -0.2% | -$652K |
|
303
Charles River Laboratories
CRL
$13.6B
| $329M | 0.05% |
1,680,673
-815,821
| -33% | -$167M |
|
|
CFLT
304
DELISTED
Confluent
CFLT
| $329M | 0.05% |
11,123,864
-1,454,323
| -12% | -$48.7M |
|
305
Airbnb
ABNB
$110B
| $329M | 0.05% |
2,398,576
+824,305
| +52% | +$114M |
|
306
Starbucks
SBUX
$125B
| $327M | 0.05% |
3,579,560
-106,416
| -3% | -$10.4M |
|
307
Nucor
NUE
$62.1B
| $324M | 0.05% |
2,074,622
+559,135
| +37% | +$92.5M |
|
308
Essex Property Trust
ESS
$18.4B
| $323M | 0.05% |
1,522,906
+429,700
| +39% | +$101M |
|
|
PXD
309
DELISTED
Pioneer Natural Resource Co.
PXD
| $320M | 0.05% |
1,393,169
-81,575
| -6% | -$18.6M |
|
310
Microchip Technology
MCHP
$43.3B
| $316M | 0.05% |
4,046,902
+195,432
| +5% | +$16.4M |
|
|
ONC
311
BeOne Medicines Ltd
ONC
$40.3B
| $315M | 0.05% |
1,749,565
+264,691
| +18% | +$52.4M |
|
312
Bath & Body Works
BBWI
$3.69B
| $314M | 0.05% |
9,304,624
+921,440
| +11% | +$33.5M |
|
313
Arista Networks
ANET
$262B
| $314M | 0.05% |
6,824,840
-4,466,476
| -40% | -$199M |
|
314
Samsara
IOT
$23B
| $313M | 0.05% |
12,416,712
+11,099,974
| +843% | +$294M |
|
315
DexCom
DXCM
$34.1B
| $312M | 0.05% |
3,341,963
-279,688
| -8% | -$31.5M |
|
316
RPM International
RPM
$14.4B
| $312M | 0.05% |
3,287,672
-1,484,311
| -31% | -$145M |
|
317
Sysco
SYY
$40.4B
| $308M | 0.05% |
4,660,777
-824,568
| -15% | -$59.2M |
|
318
Boston Scientific
BSX
$74.4B
| $306M | 0.04% |
5,787,370
+1,195,590
| +26% | +$62.7M |
|
319
Lowe's Companies
LOW
$121B
| $304M | 0.04% |
1,460,765
-31,088
| -2% | -$6.99M |
|
320
Biogen
BIIB
$31.1B
| $299M | 0.04% |
1,163,530
+34,888
| +3% | +$9.33M |
|
|
ATVI
321
DELISTED
Activision Blizzard
ATVI
| $293M | 0.04% |
3,129,112
-139,943
| -4% | -$12.8M |
|
322
Popular Inc
BPOP
$11.4B
| $293M | 0.04% |
4,645,766
-238,131
| -5% | -$15.7M |
|
323
Newmont
NEM
$120B
| $287M | 0.04% |
7,774,840
-778,624
| -9% | -$31.7M |
|
324
Workday
WDAY
$43.3B
| $287M | 0.04% |
1,335,502
+24,813
| +2% | +$5.75M |
|
325
BP
BP
$110B
| $284M | 0.04% |
7,339,429
+2,544,825
| +53% | +$94.5M |
|
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.