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 | |
|---|---|---|---|---|---|---|
126
Norfolk Southern
NSC
$75.3B
| $1.13B | 0.17% |
5,757,316
+703,166
| +14% | +$152M |
|
127
Freeport-McMoran
FCX
$96.9B
| $1.12B | 0.16% |
30,024,387
+12,614,653
| +72% | +$508M |
|
128
Yum China
YUMC
$16.4B
| $1.11B | 0.16% |
19,920,141
+351,502
| +2% | +$19.7M |
|
129
Honeywell
HON
$74.6B
| $1.1B | 0.16% |
6,304,023
-520,144
| -8% | -$95.2M |
|
130
American Express
AXP
$232B
| $1.09B | 0.16% |
7,336,999
+287,664
| +4% | +$47.1M |
|
131
Booz Allen Hamilton
BAH
$9.43B
| $1.09B | 0.16% |
9,985,227
-676,663
| -6% | -$77.8M |
|
|
FITB
132
Fifth Third Bancorp
FITB
$52.6B
| $1.08B | 0.16% |
42,822,139
-2,059,594
| -5% | -$55.5M |
|
133
Corpay
CPAY
$26.9B
| $1.08B | 0.16% |
4,243,238
-337,941
| -7% | -$88.3M |
|
134
TE Connectivity
TEL
$62B
| $1.06B | 0.16% |
8,577,251
-2,110,654
| -20% | -$282M |
|
135
Ametek
AME
$59.3B
| $1.04B | 0.15% |
7,069,891
+179,681
| +3% | +$28.1M |
|
136
Williams Companies
WMB
$90.1B
| $1.04B | 0.15% |
30,951,887
+10,923,187
| +55% | +$373M |
|
137
Sherwin-Williams
SHW
$87.4B
| $1.04B | 0.15% |
4,074,778
-913,747
| -18% | -$245M |
|
138
Alibaba
BABA
$300B
| $1.03B | 0.15% |
11,912,370
-764,358
| -6% | -$70M |
|
139
HubSpot
HUBS
$10.5B
| $1.03B | 0.15% |
2,092,704
-8,377
| -0.4% | -$4.38M |
|
140
Dynatrace
DT
$14.3B
| $1.03B | 0.15% |
22,029,281
+1,461,424
| +7% | +$71.8M |
|
141
SiteOne Landscape Supply
SITE
$4.22B
| $1.02B | 0.15% |
6,231,112
-34,636
| -0.6% | -$5.66M |
|
142
Costco
COST
$421B
| $1.01B | 0.15% |
1,782,537
-5,293
| -0.3% | -$2.92M |
|
143
Marvell Technology
MRVL
$195B
| $1B | 0.15% |
18,493,788
-12,343,216
| -40% | -$729M |
|
144
Equinix
EQIX
$105B
| $997M | 0.15% |
1,372,975
+226,839
| +20% | +$176M |
|
145
Hilton Worldwide
HLT
$72.6B
| $997M | 0.15% |
6,638,833
+2,641,988
| +66% | +$399M |
|
146
Datadog
DDOG
$86.5B
| $988M | 0.14% |
10,849,484
+4,772,021
| +79% | +$472M |
|
147
Dominion Energy
D
$59.8B
| $976M | 0.14% |
21,851,684
+1,000,441
| +5% | +$49.7M |
|
148
lululemon athletica
LULU
$13.7B
| $968M | 0.14% |
2,511,158
-90,113
| -3% | -$34.4M |
|
149
S&P Global
SPGI
$121B
| $963M | 0.14% |
2,635,552
-172,700
| -6% | -$67.9M |
|
150
AvalonBay Communities
AVB
$25.7B
| $962M | 0.14% |
5,603,172
+520,056
| +10% | +$96.1M |
|
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.