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 | |
|---|---|---|---|---|---|---|
101
Constellation Brands
STZ
$22.9B
| $1.5B | 0.22% |
5,953,551
-699,238
| -11% | -$183M |
|
|
MRSH
102
Marsh
MRSH
$90.1B
| $1.47B | 0.22% |
7,716,544
-528,935
| -6% | -$101M |
|
|
103
Halliburton
HAL
$27.7B
| $1.47B | 0.21% |
36,191,409
+28,598,277
| +377% | +$1.12B |
|
104
Weyerhaeuser
WY
$17.8B
| $1.46B | 0.21% |
47,498,932
+1,912,024
| +4% | +$62.9M |
|
105
Stanley Black & Decker
SWK
$15.5B
| $1.41B | 0.21% |
16,880,051
+206,821
| +1% | +$19.2M |
|
106
Medtronic
MDT
$116B
| $1.4B | 0.2% |
17,842,869
+1,277,027
| +8% | +$107M |
|
107
BILL Holdings
BILL
$4.85B
| $1.39B | 0.2% |
12,758,335
+220,210
| +2% | +$25.1M |
|
108
News Corp Class A
NWSA
$15.5B
| $1.38B | 0.2% |
68,865,024
-1,835,998
| -3% | -$37.2M |
|
109
Paylocity
PCTY
$7.73B
| $1.37B | 0.2% |
7,549,912
+291,615
| +4% | +$58.6M |
|
110
Global Payments
GPN
$23.4B
| $1.37B | 0.2% |
11,877,774
-642,559
| -5% | -$76.4M |
|
111
IDEX
IEX
$17.7B
| $1.37B | 0.2% |
6,575,934
+3,601,963
| +121% | +$781M |
|
112
Prologis
PLD
$134B
| $1.37B | 0.2% |
12,166,869
+1,135,866
| +10% | +$139M |
|
|
DAY
113
DELISTED
Dayforce
DAY
| $1.35B | 0.2% |
19,827,242
-1,621,287
| -8% | -$114M |
|
114
Molina Healthcare
MOH
$10.8B
| $1.34B | 0.2% |
4,084,285
+160,428
| +4% | +$50.5M |
|
115
Public Storage
PSA
$60.4B
| $1.29B | 0.19% |
4,896,080
+806,007
| +20% | +$226M |
|
116
EOG Resources
EOG
$75.1B
| $1.28B | 0.19% |
10,068,746
+369,220
| +4% | +$47M |
|
117
Micron Technology
MU
$1.03T
| $1.27B | 0.19% |
18,600,227
+147,068
| +0.8% | +$9.85M |
|
118
Spotify
SPOT
$101B
| $1.21B | 0.18% |
7,824,302
+1,697,006
| +28% | +$258M |
|
119
Las Vegas Sands
LVS
$29.6B
| $1.2B | 0.18% |
26,199,018
-965,415
| -4% | -$52.2M |
|
120
Western Digital
WDC
$157B
| $1.19B | 0.17% |
34,597,477
+2,806,524
| +9% | +$88.5M |
|
121
CF Industries
CF
$18.2B
| $1.19B | 0.17% |
13,879,597
+371,447
| +3% | +$29.3M |
|
122
McKesson
MCK
$102B
| $1.16B | 0.17% |
2,671,332
-475,642
| -15% | -$200M |
|
123
Equity Residential
EQR
$24.2B
| $1.16B | 0.17% |
19,696,719
+1,311,059
| +7% | +$84.7M |
|
124
KLA
KLAC
$272B
| $1.15B | 0.17% |
25,084,300
-1,034,540
| -4% | -$49.6M |
|
125
Globant
GLOB
$1.67B
| $1.14B | 0.17% |
5,778,516
+680,999
| +13% | +$128M |
|
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.