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 | |
|---|---|---|---|---|---|---|
|
SWAV
351
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $246M | 0.04% |
1,237,741
+146,691
| +13% | +$34.7M |
|
352
Flowers Foods
FLO
$1.6B
| $246M | 0.04% |
11,105,928
-2,907,489
| -21% | -$69.6M |
|
353
Yum! Brands
YUM
$41.2B
| $246M | 0.04% |
1,966,508
+135,141
| +7% | +$17.8M |
|
354
Webster Financial
WBS
$12.8B
| $246M | 0.04% |
6,094,521
-559,058
| -8% | -$23.8M |
|
355
Western Alliance Bancorporation
WAL
$8.92B
| $243M | 0.04% |
5,292,098
+2,930,033
| +124% | +$138M |
|
|
BNY
356
Bank of New York Mellon
BNY
$110B
| $243M | 0.04% |
5,700,642
+2,034,194
| +55% | +$90.6M |
|
357
Kanzhun
BZ
$6.89B
| $241M | 0.04% |
15,884,739
-4,727,892
| -23% | -$74.2M |
|
358
Noble Corp
NE
$7.07B
| $241M | 0.04% |
4,748,892
+3,837,541
| +421% | +$196M |
|
359
SBA Communications
SBAC
$19.8B
| $236M | 0.03% |
1,176,650
-1,305,356
| -53% | -$290M |
|
360
Trimble
TRMB
$13.4B
| $234M | 0.03% |
4,347,170
-5,650,635
| -57% | -$299M |
|
361
Reliance Steel & Aluminium
RS
$21.7B
| $234M | 0.03% |
891,505
+32,675
| +4% | +$9.06M |
|
362
Valero Energy
VLO
$98.7B
| $232M | 0.03% |
1,640,528
-85,005
| -5% | -$11.1M |
|
363
ICICI Bank
IBN
$106B
| $229M | 0.03% |
9,896,349
-482,171
| -5% | -$11.3M |
|
364
Service Corp International
SCI
$11.3B
| $229M | 0.03% |
4,003,757
-40,345
| -1% | -$2.55M |
|
365
Copart
CPRT
$27.2B
| $228M | 0.03% |
5,282,702
+1,395,772
| +36% | +$62M |
|
366
Edwards Lifesciences
EW
$53.4B
| $227M | 0.03% |
3,283,275
+2,469,870
| +304% | +$198M |
|
367
Oracle
ORCL
$450B
| $225M | 0.03% |
2,125,859
+57,089
| +3% | +$6.61M |
|
368
Li Auto
LI
$12B
| $225M | 0.03% |
6,312,728
+1,060,559
| +20% | +$41.8M |
|
369
Zscaler
ZS
$30.4B
| $225M | 0.03% |
1,444,349
+421,772
| +41% | +$63.2M |
|
370
Elanco Animal Health
ELAN
$11.2B
| $224M | 0.03% |
19,921,006
+2,494,084
| +14% | +$29M |
|
371
Toast
TOST
$20.4B
| $224M | 0.03% |
11,948,100
+87,836
| +0.7% | +$1.91M |
|
372
General Mills
GIS
$20.8B
| $223M | 0.03% |
3,478,719
-4,148,576
| -54% | -$293M |
|
|
SWN
373
DELISTED
Southwestern Energy Company
SWN
| $221M | 0.03% |
34,326,697
-22,336,389
| -39% | -$142M |
|
|
HOLX
374
DELISTED
Hologic
HOLX
| $220M | 0.03% |
3,174,369
+921,962
| +41% | +$69.7M |
|
375
Blackrock
BLK
$183B
| $219M | 0.03% |
338,711
-25,614
| -7% | -$17.9M |
|
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.