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 | |
|---|---|---|---|---|---|---|
51
Bank of America
BAC
$453B
| $2.58B | 0.38% |
94,151,320
-12,473,475
| -12% | -$369M |
|
52
Old Dominion Freight Line
ODFL
$44.1B
| $2.55B | 0.37% |
12,488,398
-3,684,344
| -23% | -$745M |
|
53
Mondelez International
MDLZ
$79.4B
| $2.41B | 0.35% |
34,719,904
+3,913,971
| +13% | +$282M |
|
54
Vertex Pharmaceuticals
VRTX
$133B
| $2.38B | 0.35% |
6,850,066
+91,308
| +1% | +$31.9M |
|
55
Texas Instruments
TXN
$253B
| $2.3B | 0.34% |
14,449,086
-1,026,509
| -7% | -$175M |
|
56
MetLife
MET
$61.4B
| $2.29B | 0.34% |
36,439,401
+272,724
| +0.8% | +$17M |
|
57
ConocoPhillips
COP
$153B
| $2.27B | 0.33% |
18,985,665
+6,752,176
| +55% | +$784M |
|
58
Chipotle Mexican Grill
CMG
$41.3B
| $2.27B | 0.33% |
61,851,550
-14,179,550
| -19% | -$553M |
|
59
Southern Company
SO
$106B
| $2.22B | 0.33% |
34,286,976
-9,028,992
| -21% | -$627M |
|
60
Teledyne Technologies
TDY
$31.8B
| $2.15B | 0.32% |
5,261,483
-84,855
| -2% | -$34.4M |
|
61
Coca-Cola
KO
$373B
| $2.11B | 0.31% |
37,671,118
+3,210,593
| +9% | +$193M |
|
62
Synopsys
SNPS
$79B
| $2.07B | 0.3% |
4,512,440
-566,984
| -11% | -$254M |
|
63
EQT Corp
EQT
$33.8B
| $2.02B | 0.3% |
49,723,976
+12,317,037
| +33% | +$510M |
|
64
Atlassian
TEAM
$39.4B
| $2B | 0.29% |
9,910,834
-2,128,670
| -18% | -$404M |
|
65
Broadcom
AVGO
$1.98T
| $1.99B | 0.29% |
23,955,810
-12,266,050
| -34% | -$1.06B |
|
66
Colgate-Palmolive
CL
$73.6B
| $1.96B | 0.29% |
27,507,746
+10,231,592
| +59% | +$765M |
|
67
Lam Research
LRCX
$408B
| $1.94B | 0.28% |
30,889,340
-6,236,690
| -17% | -$410M |
|
68
Home Depot
HD
$342B
| $1.93B | 0.28% |
6,383,300
+191,869
| +3% | +$61.7M |
|
69
Constellation Energy
CEG
$98.7B
| $1.91B | 0.28% |
17,517,511
+4,362,479
| +33% | +$450M |
|
70
AbbVie
ABBV
$440B
| $1.91B | 0.28% |
12,814,568
-350,146
| -3% | -$51.4M |
|
71
Applied Materials
AMAT
$435B
| $1.87B | 0.27% |
13,514,086
+41,980
| +0.3% | +$6.02M |
|
72
Cencora
COR
$60B
| $1.87B | 0.27% |
10,366,611
-654,045
| -6% | -$121M |
|
|
73
Kenvue
KVUE
$36.5B
| $1.83B | 0.27% |
91,209,165
+64,891,557
| +247% | +$1.5B |
|
74
Regeneron Pharmaceuticals
REGN
$82.2B
| $1.83B | 0.27% |
2,217,665
-34,598
| -2% | -$27.2M |
|
75
Zoetis
ZTS
$30.4B
| $1.82B | 0.27% |
10,472,607
+1,651,255
| +19% | +$300M |
|
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.