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 |
Dollar General
DG
|
+$1.37B |
| 2 |
Intel
INTC
|
+$1.28B |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$1B |
| 4 |
Nike
NKE
|
+$859M |
| 5 |
Uber
UBER
|
+$825M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.67B |
| 2 |
Amazon
AMZN
|
+$2.15B |
| 3 |
NVIDIA
NVDA
|
+$1.64B |
| 4 |
Humana
HUM
|
+$1.57B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.33B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.09% |
| 2 | Healthcare | 15.81% |
| 3 | Financials | 11.13% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Communication Services | 8.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Cintas
CTAS
$81.4B
| $718M | 0.1% |
4,766,236
-301,180
| -6% | -$40.4M |
|
202
FirstEnergy
FE
$27.3B
| $708M | 0.1% |
19,306,111
-1,232,973
| -6% | -$44.6M |
|
203
PG&E
PCG
$38.9B
| $706M | 0.09% |
39,184,124
+4,483,066
| +13% | +$75.7M |
|
204
Conagra Brands
CAG
$7.38B
| $704M | 0.09% |
24,565,082
-944,399
| -4% | -$26.5M |
|
205
Floor & Decor
FND
$6.42B
| $702M | 0.09% |
6,293,331
-2,433,020
| -28% | -$224M |
|
206
Range Resources
RRC
$9.31B
| $696M | 0.09% |
22,873,684
-4,221,517
| -16% | -$139M |
|
207
Northrop Grumman
NOC
$81.8B
| $695M | 0.09% |
1,484,912
-92,975
| -6% | -$43.6M |
|
208
Southwest Airlines
LUV
$22.1B
| $693M | 0.09% |
23,987,675
-1,408,744
| -6% | -$36.6M |
|
209
Huntington Bancshares
HBAN
$36.3B
| $687M | 0.09% |
53,994,585
-4,001,962
| -7% | -$43.8M |
|
210
DexCom
DXCM
$34.4B
| $682M | 0.09% |
5,499,896
+2,157,933
| +65% | +$220M |
|
211
Apollo Global Management
APO
$83B
| $675M | 0.09% |
7,247,502
-1,099,190
| -13% | -$97M |
|
212
Alnylam Pharmaceuticals
ALNY
$30.2B
| $667M | 0.09% |
3,483,969
-441,035
| -11% | -$75.1M |
|
213
Ferrari
RACE
$72.3B
| $661M | 0.09% |
1,952,709
-1,004,012
| -34% | -$335M |
|
214
Target
TGT
$70.7B
| $659M | 0.09% |
4,625,875
+889,752
| +24% | +$109M |
|
215
Legend Biotech
LEGN
$4.01B
| $650M | 0.09% |
10,808,216
+1,114,848
| +12% | +$70.6M |
|
216
Welltower
WELL
$169B
| $647M | 0.09% |
7,175,080
-107,061
| -1% | -$9.29M |
|
217
Simon Property Group
SPG
$72.3B
| $645M | 0.09% |
4,521,281
-339,707
| -7% | -$41.1M |
|
|
PXD
218
DELISTED
Pioneer Natural Resource Co.
PXD
| $643M | 0.09% |
2,857,878
+1,464,709
| +105% | +$343M |
|
219
Tractor Supply
TSCO
$19.1B
| $637M | 0.09% |
14,808,810
+10,845,440
| +274% | +$443M |
|
220
Baxter International
BAX
$14.1B
| $634M | 0.09% |
16,398,589
-760,703
| -4% | -$26.9M |
|
221
United Parcel Service
UPS
$89.2B
| $631M | 0.08% |
4,012,521
-320,059
| -7% | -$48.4M |
|
222
Regeneron Pharmaceuticals
REGN
$82.8B
| $631M | 0.08% |
718,052
-1,499,613
| -68% | -$1.23B |
|
223
Procore
PCOR
$8.79B
| $627M | 0.08% |
9,064,904
-1,548,461
| -15% | -$95.5M |
|
|
KRTX
224
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $621M | 0.08% |
1,961,587
-773,251
| -28% | -$150M |
|
225
Descartes Systems
DSGX
$6.57B
| $616M | 0.08% |
7,323,776
-1,496,146
| -17% | -$117M |
|
Similar funds
T. Rowe Price Associates's Q4 2023 Portfolio in Review
As of Q4 2023, T. Rowe Price Associates held 2,974 positions worth $744B, up 9.1% from $682B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
T. Rowe Price Associates's Q4 2023 filing shows 92 new, 1,834 increased, 805 reduced and 67 closed positions. Its largest new stake was Canadian Natural Resources: 6,473,658 shares worth $212M. The largest sale was Microsoft, an estimated $2.67B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 30% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q4 2023 buy was Canadian Natural Resources: 6,473,658 shares worth $212M.
- T. Rowe Price Associates added most to Dollar General in Q4 2023, an estimated $1.37B increase.
- T. Rowe Price Associates's biggest Q4 2023 reduction was Microsoft, cutting an estimated $2.67B.
- T. Rowe Price Associates fully exited Activision Blizzard in Q4 2023, selling an estimated $293M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $744B portfolio in Q4 2023.
- T. Rowe Price Associates opened 92 new positions and closed 67 in Q4 2023.
- T. Rowe Price Associates's portfolio value rose 9.1% quarter-over-quarter to $744B.
Based on T. Rowe Price Associates's 13F filing for Q4 2023, filed 14 Feb 2024.