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 |
Amazon
AMZN
|
+$3.11B |
| 2 |
Meta Platforms (Facebook)
META
|
+$2.59B |
| 3 |
EQT Corp
EQT
|
+$1.31B |
| 4 |
Colgate-Palmolive
CL
|
+$1.08B |
| 5 |
Adobe
ADBE
|
+$1.06B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.92B |
| 2 |
UnitedHealth
UNH
|
+$1.78B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.55B |
| 4 |
Ross Stores
ROST
|
+$1.54B |
| 5 |
ASML
ASML
|
+$1.49B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.61% |
| 2 | Healthcare | 16.91% |
| 3 | Consumer Discretionary | 11.05% |
| 4 | Financials | 10.6% |
| 5 | Communication Services | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
GE Aerospace
GE
$380B
| $4.58B | 0.64% |
52,241,800
-6,230,568
| -11% | -$505M |
|
|
27
ASML
ASML
$696B
| $4.27B | 0.6% |
5,897,235
-2,190,589
| -27% | -$1.49B |
|
28
Roper Technologies
ROP
$38.8B
| $3.93B | 0.55% |
8,171,140
-705,910
| -8% | -$320M |
|
29
Cigna
CI
$72.3B
| $3.89B | 0.54% |
13,857,644
+995,817
| +8% | +$259M |
|
30
Procter & Gamble
PG
$336B
| $3.87B | 0.54% |
25,531,767
+1,144,929
| +5% | +$173M |
|
31
AstraZeneca
AZN
$245B
| $3.78B | 0.53% |
26,422,799
-2,986,186
| -10% | -$439M |
|
32
Becton Dickinson
BDX
$49.1B
| $3.76B | 0.52% |
14,240,981
-686,853
| -5% | -$174M |
|
33
Stryker
SYK
$132B
| $3.75B | 0.52% |
12,288,033
-2,030,404
| -14% | -$586M |
|
34
Berkshire Hathaway Class B
BRK.B
$1.09T
| $3.73B | 0.52% |
10,952,209
-92,351
| -0.8% | -$30.1M |
|
35
Booking.com
BKNG
$159B
| $3.69B | 0.51% |
34,121,675
-3,496,700
| -9% | -$369M |
|
36
Wells Fargo
WFC
$268B
| $3.66B | 0.51% |
85,725,137
-2,417,399
| -3% | -$97.3M |
|
37
Accenture
ACN
$109B
| $3.65B | 0.51% |
11,834,610
+298,947
| +3% | +$86.9M |
|
38
Linde
LIN
$222B
| $3.45B | 0.48% |
9,064,242
+8,018
| +0.1% | +$2.93M |
|
39
Merck
MRK
$328B
| $3.39B | 0.47% |
29,390,389
-448,026
| -2% | -$50.9M |
|
40
Philip Morris
PM
$290B
| $3.37B | 0.47% |
34,512,288
-446,851
| -1% | -$42.7M |
|
41
Danaher
DHR
$145B
| $3.35B | 0.47% |
15,765,863
-2,341,434
| -13% | -$496M |
|
42
Chipotle Mexican Grill
CMG
$41.5B
| $3.25B | 0.45% |
76,031,100
-5,052,650
| -6% | -$200M |
|
43
Humana
HUM
$46.1B
| $3.23B | 0.45% |
7,225,758
-441,890
| -6% | -$222M |
|
44
Salesforce
CRM
$158B
| $3.2B | 0.45% |
15,170,292
-3,963,118
| -21% | -$809M |
|
45
Broadcom
AVGO
$2T
| $3.14B | 0.44% |
36,221,860
-4,017,940
| -10% | -$287M |
|
46
Bank of America
BAC
$452B
| $3.06B | 0.43% |
106,624,795
-13,583,632
| -11% | -$388M |
|
47
Southern Company
SO
$106B
| $3.04B | 0.42% |
43,315,968
-18,156,683
| -30% | -$1.3B |
|
48
Old Dominion Freight Line
ODFL
$44.2B
| $2.99B | 0.42% |
16,172,742
+1,207,120
| +8% | +$195M |
|
|
49
Ross Stores
ROST
$80.2B
| $2.97B | 0.41% |
26,450,958
-14,664,505
| -36% | -$1.54B |
|
50
Walmart Inc
WMT
$915B
| $2.8B | 0.39% |
53,471,994
+4,102,524
| +8% | +$207M |
|
Similar funds
T. Rowe Price Associates's Q2 2023 Portfolio in Review
As of Q2 2023, T. Rowe Price Associates held 3,044 positions worth $718B, up 7.4% from $668B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q2 2023 filing shows 123 new, 1,636 increased, 968 reduced and 150 closed positions. Its largest new stake was Kenvue: 26,317,608 shares worth $695M. The largest sale was Microsoft, an estimated $1.92B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Associates's largest Q2 2023 buy was Kenvue: 26,317,608 shares worth $695M.
- T. Rowe Price Associates added most to Amazon in Q2 2023, an estimated $3.11B increase.
- T. Rowe Price Associates's biggest Q2 2023 reduction was Microsoft, cutting an estimated $1.92B.
- T. Rowe Price Associates fully exited Canadian Natural Resources in Q2 2023, selling an estimated $112M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $718B portfolio in Q2 2023.
- T. Rowe Price Associates opened 123 new positions and closed 150 in Q2 2023.
- T. Rowe Price Associates's portfolio value rose 7.4% quarter-over-quarter to $718B.
Based on T. Rowe Price Associates's 13F filing for Q2 2023, filed 14 Aug 2023.