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 | |
|---|---|---|---|---|---|---|
401
IQVIA
IQV
$40.2B
| $190M | 0.03% |
964,801
+21,303
| +2% | +$4.63M |
|
402
Palo Alto Networks
PANW
$323B
| $188M | 0.03% |
1,601,084
+679,690
| +74% | +$80.4M |
|
403
Martin Marietta Materials
MLM
$33B
| $187M | 0.03% |
456,311
+323,706
| +244% | +$143M |
|
404
Middleby
MIDD
$5.37B
| $186M | 0.03% |
1,451,380
-163,960
| -10% | -$23.3M |
|
405
CenterPoint Energy
CNP
$26.8B
| $185M | 0.03% |
6,890,041
-79,668
| -1% | -$2.3M |
|
406
Prothena Corp
PRTA
$477M
| $184M | 0.03% |
3,820,013
+266,245
| +7% | +$15.8M |
|
407
Devon Energy
DVN
$48.2B
| $182M | 0.03% |
3,812,014
+2,508,532
| +192% | +$126M |
|
408
Zegna
ZGN
$3.76B
| $180M | 0.03% |
12,897,584
-456,413
| -3% | -$6.66M |
|
409
OneMain Financial
OMF
$7.47B
| $179M | 0.03% |
4,462,047
-82,387
| -2% | -$3.52M |
|
|
SPR
410
DELISTED
Spirit AeroSystems
SPR
| $178M | 0.03% |
11,026,575
+1,435,816
| +15% | +$33M |
|
411
CubeSmart
CUBE
$9.42B
| $178M | 0.03% |
4,660,920
+431,996
| +10% | +$18.2M |
|
412
Kemper
KMPR
$1.57B
| $178M | 0.03% |
4,226,522
-174,913
| -4% | -$8.3M |
|
413
PUT
Zions Bancorporation
ZION
$10.5B
| $177M | 0.03% |
5,072,600
-9,900
| -0.2% | -$345K |
|
414
Franco-Nevada
FNV
$44.6B
| $177M | 0.03% |
1,323,326
+1,311,502
| +11,092% | +$185M |
|
415
Darling Ingredients
DAR
$10B
| $176M | 0.03% |
3,378,821
+335,658
| +11% | +$21M |
|
416
Crown Castle
CCI
$31.7B
| $173M | 0.03% |
1,884,715
+112,693
| +6% | +$11.7M |
|
417
Vodafone
VOD
$37.2B
| $173M | 0.03% |
18,241,475
-169,521
| -0.9% | -$1.61M |
|
418
Altria Group
MO
$110B
| $171M | 0.03% |
4,070,353
-1,006,817
| -20% | -$44.5M |
|
|
SRCL
419
DELISTED
Stericycle Inc
SRCL
| $171M | 0.03% |
3,821,289
+103,235
| +3% | +$4.61M |
|
|
SUM
420
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $170M | 0.03% |
5,474,534
+425,467
| +8% | +$15.1M |
|
421
Ionis Pharmaceuticals
IONS
$9.36B
| $170M | 0.03% |
3,757,997
-77,870
| -2% | -$3.21M |
|
422
Gilead Sciences
GILD
$170B
| $170M | 0.02% |
2,270,526
-851,119
| -27% | -$65.5M |
|
423
Amcor
AMCR
$21.4B
| $168M | 0.02% |
3,676,977
-138,312
| -4% | -$6.66M |
|
424
EastGroup Properties
EGP
$11B
| $168M | 0.02% |
1,009,349
+204,131
| +25% | +$36.2M |
|
425
Etsy
ETSY
$7.34B
| $168M | 0.02% |
2,598,269
+558,086
| +27% | +$44M |
|
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.