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 |
Dollar General
DG
|
+$1.37B |
| 2 |
Intel
INTC
|
+$1.28B |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$1B |
| 4 |
Nike
NKE
|
+$859M |
| 5 |
Uber
UBER
|
+$825M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.67B |
| 2 |
Amazon
AMZN
|
+$2.15B |
| 3 |
NVIDIA
NVDA
|
+$1.64B |
| 4 |
Humana
HUM
|
+$1.57B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.33B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.09% |
| 2 | Healthcare | 15.81% |
| 3 | Financials | 11.13% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Communication Services | 8.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Advanced Micro Devices
AMD
$788B
| $4.08B | 0.55% |
27,675,684
+2,553,392
| +10% | +$301M |
|
27
Cigna
CI
$73.3B
| $4.03B | 0.54% |
13,474,053
-238,784
| -2% | -$69.8M |
|
28
Booking.com
BKNG
$159B
| $3.99B | 0.54% |
28,097,450
-3,251,700
| -10% | -$406M |
|
29
GE Aerospace
GE
$379B
| $3.99B | 0.54% |
39,123,332
-7,932,242
| -17% | -$735M |
|
30
Berkshire Hathaway Class B
BRK.B
$1.09T
| $3.98B | 0.53% |
11,157,109
+383,393
| +4% | +$135M |
|
31
SLB Ltd
SLB
$78.1B
| $3.92B | 0.53% |
75,379,848
+8,617,971
| +13% | +$468M |
|
32
Danaher
DHR
$145B
| $3.88B | 0.52% |
16,757,558
-140,745
| -0.8% | -$30M |
|
33
Adobe
ADBE
$103B
| $3.88B | 0.52% |
6,497,332
+590,533
| +10% | +$341M |
|
34
Stryker
SYK
$133B
| $3.76B | 0.5% |
12,541,845
+642,178
| +5% | +$180M |
|
35
ASML
ASML
$695B
| $3.7B | 0.5% |
4,887,692
-346,258
| -7% | -$229M |
|
36
Qualcomm
QCOM
$171B
| $3.66B | 0.49% |
25,336,496
+1,909,025
| +8% | +$236M |
|
37
Salesforce
CRM
$158B
| $3.6B | 0.48% |
13,686,531
-1,710,730
| -11% | -$387M |
|
38
Roper Technologies
ROP
$39.1B
| $3.57B | 0.48% |
6,545,330
-1,548,281
| -19% | -$798M |
|
39
AstraZeneca
AZN
$246B
| $3.52B | 0.47% |
26,134,762
-737,582
| -3% | -$95.9M |
|
40
Wells Fargo
WFC
$269B
| $3.51B | 0.47% |
71,230,648
-4,880,331
| -6% | -$211M |
|
41
Bank of America
BAC
$453B
| $3.5B | 0.47% |
104,030,844
+9,879,524
| +10% | +$288M |
|
42
Merck
MRK
$328B
| $3.28B | 0.44% |
30,087,217
+809,052
| +3% | +$84M |
|
43
Walmart Inc
WMT
$923B
| $3.19B | 0.43% |
60,707,760
+6,451,053
| +12% | +$341M |
|
44
Broadcom
AVGO
$1.98T
| $3.06B | 0.41% |
27,421,740
+3,465,930
| +14% | +$328M |
|
45
Procter & Gamble
PG
$335B
| $3B | 0.4% |
20,505,366
-4,471,189
| -18% | -$662M |
|
46
Accenture
ACN
$110B
| $2.98B | 0.4% |
8,491,043
-1,387,290
| -14% | -$447M |
|
47
Johnson & Johnson
JNJ
$629B
| $2.93B | 0.39% |
18,694,860
+232,738
| +1% | +$35.7M |
|
48
Amphenol
APH
$210B
| $2.9B | 0.39% |
58,490,028
+16,681,518
| +40% | +$737M |
|
49
ConocoPhillips
COP
$153B
| $2.75B | 0.37% |
23,712,617
+4,726,952
| +25% | +$553M |
|
50
Zoetis
ZTS
$30.4B
| $2.71B | 0.36% |
13,716,681
+3,244,074
| +31% | +$574M |
|
Similar funds
T. Rowe Price Associates's Q4 2023 Portfolio in Review
As of Q4 2023, T. Rowe Price Associates held 2,974 positions worth $744B, up 9.1% from $682B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
T. Rowe Price Associates's Q4 2023 filing shows 92 new, 1,834 increased, 805 reduced and 67 closed positions. Its largest new stake was Canadian Natural Resources: 6,473,658 shares worth $212M. The largest sale was Microsoft, an estimated $2.67B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 30% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q4 2023 buy was Canadian Natural Resources: 6,473,658 shares worth $212M.
- T. Rowe Price Associates added most to Dollar General in Q4 2023, an estimated $1.37B increase.
- T. Rowe Price Associates's biggest Q4 2023 reduction was Microsoft, cutting an estimated $2.67B.
- T. Rowe Price Associates fully exited Activision Blizzard in Q4 2023, selling an estimated $293M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $744B portfolio in Q4 2023.
- T. Rowe Price Associates opened 92 new positions and closed 67 in Q4 2023.
- T. Rowe Price Associates's portfolio value rose 9.1% quarter-over-quarter to $744B.
Based on T. Rowe Price Associates's 13F filing for Q4 2023, filed 14 Feb 2024.