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 | |
|---|---|---|---|---|---|---|
26
Johnson & Johnson
JNJ
$629B
| $4.15B | 0.68% |
25,428,626
+805,831
| +3% | +$136M |
|
27
AstraZeneca
AZN
$246B
| $4.14B | 0.68% |
37,692,508
-5,267,390
| -12% | -$668M |
|
28
Stryker
SYK
$133B
| $4.09B | 0.67% |
20,129,316
+224,264
| +1% | +$47.2M |
|
29
Cigna
CI
$73.3B
| $4.02B | 0.66% |
14,502,445
-1,215,679
| -8% | -$342M |
|
30
Atlassian
TEAM
$39.4B
| $4.01B | 0.66% |
19,036,183
-3,657,544
| -16% | -$854M |
|
31
Ross Stores
ROST
$79.6B
| $3.95B | 0.65% |
46,809,965
-2,847,803
| -6% | -$242M |
|
32
GE Aerospace
GE
$379B
| $3.68B | 0.6% |
95,440,875
-38,723,164
| -29% | -$1.7B |
|
|
SCHW
33
Charles Schwab
SCHW
$189B
| $3.66B | 0.6% |
50,820,314
-12,478,146
| -20% | -$866M |
|
|
34
ExxonMobil
XOM
$657B
| $3.46B | 0.57% |
39,666,941
+19,230,872
| +94% | +$1.76B |
|
35
ASML
ASML
$695B
| $3.45B | 0.57% |
8,277,346
-2,714,532
| -25% | -$1.36B |
|
|
TMX
36
DELISTED
Terminix Global Holdings, Inc.
TMX
| $3.44B | 0.56% |
1,076,231
-6,432,674
| -86% | -$275M |
|
37
Humana
HUM
$46.7B
| $3.3B | 0.54% |
6,792,073
-780,378
| -10% | -$380M |
|
38
AbbVie
ABBV
$440B
| $3.29B | 0.54% |
24,521,336
-6,286,462
| -20% | -$902M |
|
39
Dollar General
DG
$26.4B
| $3.27B | 0.54% |
13,548,882
-5,359,050
| -28% | -$1.32B |
|
40
Chipotle Mexican Grill
CMG
$41.3B
| $3.16B | 0.52% |
104,867,000
-30,473,700
| -23% | -$945M |
|
|
41
Bank of America
BAC
$453B
| $3.13B | 0.51% |
103,645,596
+38,870,780
| +60% | +$1.3B |
|
42
Advanced Micro Devices
AMD
$788B
| $3.07B | 0.5% |
48,415,570
-5,140,046
| -10% | -$438M |
|
43
Philip Morris
PM
$290B
| $2.94B | 0.48% |
35,468,228
+6,558,762
| +23% | +$626M |
|
44
Roper Technologies
ROP
$39.1B
| $2.87B | 0.47% |
7,946,885
-4,081,655
| -34% | -$1.66B |
|
45
Walmart Inc
WMT
$923B
| $2.79B | 0.46% |
64,576,239
-7,181,874
| -10% | -$315M |
|
46
Goldman Sachs
GS
$302B
| $2.79B | 0.46% |
9,478,109
+126,277
| +1% | +$40.9M |
|
47
T-Mobile US
TMUS
$190B
| $2.74B | 0.45% |
20,381,357
+534,654
| +3% | +$75.1M |
|
48
Netflix
NFLX
$309B
| $2.69B | 0.44% |
114,051,420
+19,910,990
| +21% | +$442M |
|
49
Sempra
SRE
$56.2B
| $2.55B | 0.42% |
34,072,722
-9,076,264
| -21% | -$734M |
|
50
Centene
CNC
$33.1B
| $2.43B | 0.4% |
31,270,675
+855,690
| +3% | +$76.5M |
|
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.