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 |
ExxonMobil
XOM
|
+$1.76B |
| 2 |
Eli Lilly
LLY
|
+$1.4B |
| 3 |
Bank of America
BAC
|
+$1.3B |
| 4 |
Tesla
TSLA
|
+$1.19B |
| 5 |
Wells Fargo
WFC
|
+$784M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$6.47B |
| 2 |
Amazon
AMZN
|
+$3.71B |
| 3 |
Yum! Brands
YUM
|
+$2.84B |
| 4 |
Salesforce
CRM
|
+$2.77B |
| 5 |
Fortive
FTV
|
+$2.41B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.06% |
| 2 | Healthcare | 18.72% |
| 3 | Consumer Discretionary | 14.62% |
| 4 | Financials | 10.36% |
| 5 | Communication Services | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BNY
451
Bank of New York Mellon
BNY
$109B
| $124M | 0.02% |
3,227,461
-831,342
| -20% | -$35.4M |
|
452
BJs Wholesale Club
BJ
$11.8B
| $123M | 0.02% |
1,695,242
-40,333
| -2% | -$2.89M |
|
453
Equifax
EFX
$21.2B
| $122M | 0.02% |
710,837
-3,449,424
| -83% | -$676M |
|
454
NVR
NVR
$17B
| $121M | 0.02% |
30,427
-1,054
| -3% | -$4.49M |
|
455
HDFC Bank
HDB
$119B
| $121M | 0.02% |
4,135,818
-1,550,734
| -27% | -$47.7M |
|
456
Oracle
ORCL
$447B
| $121M | 0.02% |
1,977,185
-74,243
| -4% | -$5.44M |
|
457
Lockheed Martin
LMT
$138B
| $120M | 0.02% |
309,928
+49
| +0% | +$20.5K |
|
458
Zegna
ZGN
$3.76B
| $119M | 0.02% |
11,113,840
-18,881
| -0.2% | -$202K |
|
459
Magnolia Oil & Gas
MGY
$6.16B
| $119M | 0.02% |
6,030,302
-15,998,597
| -73% | -$354M |
|
|
SIVB
460
DELISTED
SVB Financial Group
SIVB
| $118M | 0.02% |
350,442
-111,371
| -24% | -$44.8M |
|
461
Freeport-McMoran
FCX
$95.7B
| $117M | 0.02% |
4,289,172
-454,697
| -10% | -$13.3M |
|
462
Cooper Companies
COO
$15B
| $117M | 0.02% |
1,770,800
-12,175,860
| -87% | -$933M |
|
463
Etsy
ETSY
$7.35B
| $117M | 0.02% |
1,163,901
-1,257,907
| -52% | -$128M |
|
464
Jackson Financial
JXN
$8.96B
| $114M | 0.02% |
4,098,421
+159,165
| +4% | +$4.7M |
|
465
Vornado Realty Trust
VNO
$7.42B
| $112M | 0.02% |
4,832,519
-36,185
| -0.7% | -$1.01M |
|
466
Infosys
INFY
$49.3B
| $112M | 0.02% |
6,580,387
-29,729
| -0.4% | -$556K |
|
|
467
Fortive
FTV
$18.4B
| $111M | 0.02% |
2,528,802
-51,514,153
| -95% | -$2.41B |
|
468
Westamerica Bancorp
WABC
$1.38B
| $110M | 0.02% |
2,108,682
-1,176,870
| -36% | -$67.1M |
|
|
SGEN
469
DELISTED
Seagen Inc. Common Stock
SGEN
| $110M | 0.02% |
805,309
-1,709,580
| -68% | -$279M |
|
470
Illumina
ILMN
$28.9B
| $110M | 0.02% |
590,117
+64,318
| +12% | +$12.7M |
|
471
MGM Resorts International
MGM
$11.1B
| $109M | 0.02% |
3,664,151
-16,760,485
| -82% | -$545M |
|
472
Ventas
VTR
$46.3B
| $108M | 0.02% |
2,690,728
+1,421,125
| +112% | +$69.8M |
|
473
Apple Hospitality REIT
APLE
$3.74B
| $108M | 0.02% |
7,665,288
-8,287,519
| -52% | -$132M |
|
474
Denali Therapeutics
DNLI
$4.02B
| $107M | 0.02% |
3,478,368
-1,131,809
| -25% | -$36.8M |
|
|
SEE
475
DELISTED
Sealed Air
SEE
| $107M | 0.02% |
2,397,179
-13,046,186
| -84% | -$716M |
|
Similar funds
T. Rowe Price Associates's Q3 2022 Portfolio in Review
As of Q3 2022, T. Rowe Price Associates held 3,114 positions worth $610B, down 23% from $791B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
T. Rowe Price Associates withdrew a net $168B in Q3 2022, closing 171 positions and reducing 1,248 holdings. Its most notable exit was Alcon, an estimated $1.51B position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 27% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, T. Rowe Price Associates opened a new position in Corebridge Financial worth $194M.
- T. Rowe Price Associates's largest Q3 2022 buy was Corebridge Financial: 9,831,688 shares worth $194M.
- T. Rowe Price Associates added most to ExxonMobil in Q3 2022, an estimated $1.76B increase.
- T. Rowe Price Associates's biggest Q3 2022 reduction was Microsoft, cutting an estimated $6.47B.
- T. Rowe Price Associates fully exited Alcon in Q3 2022, selling an estimated $1.51B.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $610B portfolio in Q3 2022.
- T. Rowe Price Associates opened 154 new positions and closed 171 in Q3 2022.
- T. Rowe Price Associates's portfolio value fell 23% quarter-over-quarter to $610B.
Based on T. Rowe Price Associates's 13F filing for Q3 2022, filed 14 Nov 2022.