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 | |
|---|---|---|---|---|---|---|
201
Allstate
ALL
$65.2B
| $669M | 0.1% |
6,039,351
+499,056
| +9% | +$63.1M |
|
202
TC Energy
TRP
$65.8B
| $668M | 0.1% |
17,170,907
-1,305,188
| -7% | -$53.1M |
|
203
CVS Health
CVS
$123B
| $662M | 0.1% |
8,906,771
-1,708,750
| -16% | -$143M |
|
204
Adobe
ADBE
$104B
| $660M | 0.1% |
1,713,178
+363,692
| +27% | +$129M |
|
205
Rexford Industrial Realty
REXR
$8.23B
| $658M | 0.1% |
11,023,551
+591,329
| +6% | +$35.4M |
|
206
Hilton Worldwide
HLT
$72.8B
| $657M | 0.1% |
4,664,276
+190,019
| +4% | +$26.8M |
|
207
Cintas
CTAS
$81.4B
| $657M | 0.1% |
5,676,272
+462,848
| +9% | +$51M |
|
208
TechnipFMC
FTI
$29.6B
| $654M | 0.1% |
47,882,189
-11,051,258
| -19% | -$150M |
|
209
Citigroup
C
$233B
| $652M | 0.1% |
13,915,134
-6,496,295
| -32% | -$319M |
|
210
Boeing
BA
$182B
| $644M | 0.1% |
3,032,943
-109,264
| -3% | -$22.7M |
|
211
International Paper
IP
$21.8B
| $644M | 0.1% |
17,853,046
-8,296,195
| -32% | -$307M |
|
212
Kinder Morgan
KMI
$71B
| $643M | 0.1% |
36,729,560
-73,572
| -0.2% | -$1.31M |
|
213
Evergy
EVRG
$19.3B
| $638M | 0.1% |
10,433,440
+10,128,549
| +3,322% | +$616M |
|
214
Avantor
AVTR
$9.39B
| $636M | 0.1% |
30,073,109
-8,840,157
| -23% | -$201M |
|
215
Repligen
RGEN
$9.36B
| $633M | 0.09% |
3,761,798
-1,308,859
| -26% | -$234M |
|
216
Procore
PCOR
$8.8B
| $621M | 0.09% |
9,908,997
+734,057
| +8% | +$42.9M |
|
217
AT&T
T
$167B
| $620M | 0.09% |
32,198,859
+10,117,746
| +46% | +$193M |
|
218
Analog Devices
ADI
$189B
| $613M | 0.09% |
3,107,096
-108,414
| -3% | -$19.4M |
|
219
Penumbra
PEN
$12.9B
| $609M | 0.09% |
2,185,062
+1,115,176
| +104% | +$285M |
|
220
Cisco
CSCO
$455B
| $606M | 0.09% |
11,596,115
-1,032,928
| -8% | -$50.4M |
|
221
TransDigm Group
TDG
$67.4B
| $603M | 0.09% |
818,757
+459,787
| +128% | +$328M |
|
|
NVO
222
Novo Nordisk
NVO
$201B
| $602M | 0.09% |
7,571,120
+7,102,208
| +1,515% | +$504M |
|
223
General Mills
GIS
$20.8B
| $593M | 0.09% |
6,935,085
+3,496,741
| +102% | +$279M |
|
224
Fortinet
FTNT
$120B
| $587M | 0.09% |
8,828,685
-4,111,357
| -32% | -$234M |
|
225
Toro Company
TTC
$9.3B
| $586M | 0.09% |
5,274,694
+207,532
| +4% | +$23.1M |
|
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.