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 |
Advanced Micro Devices
AMD
|
+$1.82B |
| 2 |
Sea Limited
SE
|
+$1.38B |
| 3 |
Cisco
CSCO
|
+$1.16B |
| 4 |
Netflix
NFLX
|
+$1.14B |
| 5 |
Ingersoll Rand
IR
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$3.54B |
| 2 |
Amazon
AMZN
|
+$1.75B |
| 3 |
Amphenol
APH
|
+$1.65B |
| 4 |
KLA
KLAC
|
+$1.5B |
| 5 |
Xcel Energy
XEL
|
+$1.38B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Financials | 11.17% |
| 3 | Healthcare | 11.1% |
| 4 | Communication Services | 10.25% |
| 5 | Consumer Discretionary | 10.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Bank of America
BAC
$435B
| $4.85B | 0.56% |
99,581,787
-6,984,568
| -7% | -$360M |
|
27
Berkshire Hathaway Class B
BRK.B
$1.07T
| $4.71B | 0.54% |
9,823,930
-21,979
| -0.2% | -$10.8M |
|
28
Procter & Gamble
PG
$343B
| $4.64B | 0.54% |
32,092,077
+2,479,251
| +8% | +$376M |
|
|
SCHW
29
Charles Schwab
SCHW
$177B
| $4.57B | 0.53% |
48,637,229
-459,006
| -0.9% | -$45M |
|
30
Deere & Co
DE
$170B
| $4.44B | 0.51% |
7,884,662
+191,785
| +2% | +$108M |
|
31
Keysight
KEYS
$54.5B
| $4.22B | 0.49% |
14,938,908
-2,480,903
| -14% | -$622M |
|
32
Johnson & Johnson
JNJ
$635B
| $4.03B | 0.47% |
16,491,133
+4,067,247
| +33% | +$947M |
|
33
Caterpillar
CAT
$409B
| $3.95B | 0.46% |
5,582,018
-411,711
| -7% | -$285M |
|
34
Chevron
CVX
$388B
| $3.94B | 0.46% |
19,028,341
+140,681
| +0.7% | +$25.7M |
|
35
AstraZeneca
AZN
$263B
| $3.84B | 0.44% |
19,489,220
-4,832,694
| -20% | -$932M |
|
36
Gilead Sciences
GILD
$161B
| $3.66B | 0.42% |
26,248,108
-1,450,552
| -5% | -$203M |
|
37
Arista Networks
ANET
$219B
| $3.6B | 0.42% |
29,321,973
-7,849,793
| -21% | -$1.05B |
|
38
ServiceNow
NOW
$102B
| $3.57B | 0.41% |
34,109,888
+1,714,225
| +5% | +$202M |
|
39
Howmet Aerospace
HWM
$116B
| $3.56B | 0.41% |
15,428,989
-1,203,217
| -7% | -$280M |
|
40
Southern Company
SO
$110B
| $3.52B | 0.41% |
36,425,526
+1,966,064
| +6% | +$182M |
|
|
41
Cisco
CSCO
$450B
| $3.42B | 0.4% |
44,049,010
+14,759,859
| +50% | +$1.16B |
|
42
Welltower
WELL
$178B
| $3.4B | 0.39% |
17,215,818
+389,783
| +2% | +$77M |
|
43
Home Depot
HD
$332B
| $3.35B | 0.39% |
10,197,572
-418,470
| -4% | -$152M |
|
|
44
Amphenol
APH
$188B
| $3.31B | 0.38% |
26,186,905
-11,736,160
| -31% | -$1.65B |
|
45
Stryker
SYK
$127B
| $3.3B | 0.38% |
10,037,137
-80,927
| -0.8% | -$29.1M |
|
46
Philip Morris
PM
$301B
| $3.2B | 0.37% |
19,357,210
+5,196,183
| +37% | +$903M |
|
47
CSX Corp
CSX
$98.6B
| $3.13B | 0.36% |
76,158,453
+5,729,582
| +8% | +$225M |
|
48
Thermo Fisher Scientific
TMO
$211B
| $3.1B | 0.36% |
6,315,471
-1,385,882
| -18% | -$752M |
|
49
McDonald's
MCD
$188B
| $3.03B | 0.35% |
9,734,954
+260,205
| +3% | +$82.9M |
|
50
Citigroup
C
$222B
| $3B | 0.35% |
26,431,643
-7,672,228
| -22% | -$874M |
|
Similar funds
T. Rowe Price Associates's Q1 2026 Portfolio in Review
As of Q1 2026, T. Rowe Price Associates held 3,202 positions worth $865B, down 6.7% from $927B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
T. Rowe Price Associates's Q1 2026 filing shows 115 new, 2,022 increased, 804 reduced and 71 closed positions. Its largest new stake was Cenovus Energy: 23,907,299 shares worth $634M. The largest sale was Microsoft, an estimated $3.54B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 36% a quarter earlier, followed by Financials and Healthcare.
- T. Rowe Price Associates's largest Q1 2026 buy was Cenovus Energy: 23,907,299 shares worth $634M.
- T. Rowe Price Associates added most to Advanced Micro Devices in Q1 2026, an estimated $1.82B increase.
- T. Rowe Price Associates's biggest Q1 2026 reduction was Microsoft, cutting an estimated $3.54B.
- T. Rowe Price Associates fully exited CyberArk in Q1 2026, selling an estimated $251M.
- T. Rowe Price Associates's ten largest holdings make up 34% of its $865B portfolio in Q1 2026.
- T. Rowe Price Associates opened 115 new positions and closed 71 in Q1 2026.
- T. Rowe Price Associates's portfolio value fell 6.7% quarter-over-quarter to $865B.
Based on T. Rowe Price Associates's 13F filing for Q1 2026, filed 15 May 2026.