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 |
Tesla
TSLA
|
+$1.58B |
| 2 |
T-Mobile US
TMUS
|
+$1.53B |
| 3 |
Morgan Stanley
MS
|
+$1.15B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.15B |
| 5 |
Apple
AAPL
|
+$1.14B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$2.94B |
| 2 |
Amazon
AMZN
|
+$2.82B |
| 3 |
GE Aerospace
GE
|
+$1.93B |
| 4 |
Goldman Sachs
GS
|
+$1.88B |
| 5 |
ServiceNow
NOW
|
+$1.28B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.25% |
| 2 | Healthcare | 17.75% |
| 3 | Financials | 11.32% |
| 4 | Consumer Discretionary | 11.17% |
| 5 | Communication Services | 8.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Southern Company
SO
$106B
| $4.28B | 0.64% |
61,472,651
+1,283,943
| +2% | +$86.5M |
|
27
JPMorgan Chase
JPM
$971B
| $4.27B | 0.64% |
32,769,523
+2,285,429
| +7% | +$313M |
|
28
Johnson & Johnson
JNJ
$629B
| $4.16B | 0.62% |
26,833,801
-2,443,973
| -8% | -$395M |
|
29
Stryker
SYK
$133B
| $4.09B | 0.61% |
14,318,437
-645,704
| -4% | -$171M |
|
30
AstraZeneca
AZN
$246B
| $4.08B | 0.61% |
29,408,985
-4,886,839
| -14% | -$657M |
|
31
Danaher
DHR
$145B
| $4.05B | 0.61% |
18,107,297
-2,611,667
| -13% | -$594M |
|
32
Booking.com
BKNG
$159B
| $3.99B | 0.6% |
37,618,375
+2,565,525
| +7% | +$250M |
|
33
Roper Technologies
ROP
$39.1B
| $3.91B | 0.59% |
8,877,050
+436,317
| +5% | +$189M |
|
34
Netflix
NFLX
$309B
| $3.88B | 0.58% |
112,173,540
-20,271,540
| -15% | -$671M |
|
35
Salesforce
CRM
$158B
| $3.82B | 0.57% |
19,133,410
-7,159,819
| -27% | -$1.21B |
|
36
Humana
HUM
$46.7B
| $3.72B | 0.56% |
7,667,648
+44,518
| +0.6% | +$22M |
|
37
Becton Dickinson
BDX
$50B
| $3.7B | 0.55% |
14,927,834
-3,247,724
| -18% | -$795M |
|
38
Procter & Gamble
PG
$335B
| $3.63B | 0.54% |
24,386,838
+7,235,990
| +42% | +$1.03B |
|
39
Bank of America
BAC
$453B
| $3.44B | 0.51% |
120,208,427
-6,969,359
| -5% | -$230M |
|
40
Berkshire Hathaway Class B
BRK.B
$1.09T
| $3.41B | 0.51% |
11,044,560
+2,004,934
| +22% | +$618M |
|
41
Philip Morris
PM
$290B
| $3.4B | 0.51% |
34,959,139
+1,106,408
| +3% | +$110M |
|
42
Accenture
ACN
$110B
| $3.3B | 0.49% |
11,535,663
+2,060,646
| +22% | +$562M |
|
43
Wells Fargo
WFC
$269B
| $3.29B | 0.49% |
88,142,536
-1,959,734
| -2% | -$85.4M |
|
44
Cigna
CI
$73.3B
| $3.29B | 0.49% |
12,861,827
-794,781
| -6% | -$232M |
|
45
Linde
LIN
$221B
| $3.22B | 0.48% |
9,056,224
+2,282,620
| +34% | +$764M |
|
46
Merck
MRK
$328B
| $3.17B | 0.48% |
29,838,415
+3,524,385
| +13% | +$381M |
|
47
Texas Instruments
TXN
$253B
| $3.01B | 0.45% |
16,157,034
-477,793
| -3% | -$84M |
|
48
AbbVie
ABBV
$440B
| $2.8B | 0.42% |
17,575,880
-2,847,220
| -14% | -$435M |
|
49
Chipotle Mexican Grill
CMG
$41.3B
| $2.77B | 0.41% |
81,083,750
-4,929,250
| -6% | -$155M |
|
50
Walt Disney
DIS
$178B
| $2.61B | 0.39% |
26,016,616
-1,130,927
| -4% | -$114M |
|
Similar funds
T. Rowe Price Associates's Q1 2023 Portfolio in Review
As of Q1 2023, T. Rowe Price Associates held 3,020 positions worth $668B, up 7.5% from $622B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
T. Rowe Price Associates's Q1 2023 filing shows 65 new, 1,711 increased, 924 reduced and 98 closed positions. Its largest new stake was Suncor Energy: 6,437,236 shares worth $200M. The largest sale was Alphabet (Google) Class C, an estimated $2.94B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q1 2023 buy was Suncor Energy: 6,437,236 shares worth $200M.
- T. Rowe Price Associates added most to Tesla in Q1 2023, an estimated $1.58B increase.
- T. Rowe Price Associates's biggest Q1 2023 reduction was Alphabet (Google) Class C, cutting an estimated $2.94B.
- T. Rowe Price Associates fully exited Signature Bank in Q1 2023, selling an estimated $360M.
- T. Rowe Price Associates's ten largest holdings make up 28% of its $668B portfolio in Q1 2023.
- T. Rowe Price Associates opened 65 new positions and closed 98 in Q1 2023.
- T. Rowe Price Associates's portfolio value rose 7.5% quarter-over-quarter to $668B.
Based on T. Rowe Price Associates's 13F filing for Q1 2023, filed 15 May 2023.