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 |
Fortinet
FTNT
|
+$2.03B |
| 2 |
Rockwell Automation
ROK
|
+$1.44B |
| 3 |
Autodesk
ADSK
|
+$1.15B |
| 4 |
Citigroup
C
|
+$975M |
| 5 |
ConocoPhillips
COP
|
+$967M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.59B |
| 2 |
GE Aerospace
GE
|
+$1.78B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$1.38B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.08B |
| 5 |
Philip Morris
PM
|
+$1.06B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.21% |
| 2 | Healthcare | 15.42% |
| 3 | Financials | 10.99% |
| 4 | Consumer Discretionary | 10.39% |
| 5 | Communication Services | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Berkshire Hathaway Class B
BRK.B
$1.09T
| $4.55B | 0.56% |
10,811,372
-345,737
| -3% | -$136M |
|
27
Linde
LIN
$221B
| $4.53B | 0.56% |
9,754,927
-1,041,997
| -10% | -$451M |
|
28
Stryker
SYK
$133B
| $4.25B | 0.52% |
11,879,897
-661,948
| -5% | -$223M |
|
29
Qualcomm
QCOM
$171B
| $4.18B | 0.51% |
24,684,672
-651,824
| -3% | -$101M |
|
30
Advanced Micro Devices
AMD
$788B
| $4.16B | 0.51% |
23,063,232
-4,612,452
| -17% | -$806M |
|
31
AstraZeneca
AZN
$246B
| $4.15B | 0.51% |
30,635,987
+4,501,225
| +17% | +$596M |
|
32
ASML
ASML
$695B
| $4.13B | 0.51% |
4,252,287
-635,405
| -13% | -$564M |
|
33
Salesforce
CRM
$158B
| $4.12B | 0.51% |
13,692,637
+6,106
| +0% | +$1.76M |
|
|
34
ConocoPhillips
COP
$153B
| $4.1B | 0.5% |
32,192,580
+8,479,963
| +36% | +$967M |
|
35
Booking.com
BKNG
$159B
| $4.07B | 0.5% |
28,051,025
-46,425
| -0.2% | -$6.62M |
|
36
Danaher
DHR
$145B
| $4.03B | 0.49% |
16,150,284
-607,274
| -4% | -$148M |
|
37
Merck
MRK
$328B
| $3.91B | 0.48% |
29,639,517
-447,700
| -1% | -$55.2M |
|
38
Tesla
TSLA
$1.29T
| $3.86B | 0.47% |
21,954,554
-4,198,618
| -16% | -$820M |
|
39
Adobe
ADBE
$103B
| $3.86B | 0.47% |
7,644,050
+1,146,718
| +18% | +$657M |
|
40
Colgate-Palmolive
CL
$73.6B
| $3.7B | 0.45% |
41,067,130
+8,933,912
| +28% | +$757M |
|
41
Amphenol
APH
$210B
| $3.6B | 0.44% |
62,448,072
+3,958,044
| +7% | +$207M |
|
42
Constellation Energy
CEG
$98.7B
| $3.56B | 0.44% |
19,268,795
-105,338
| -0.5% | -$15M |
|
43
Bank of America
BAC
$453B
| $3.55B | 0.44% |
93,595,237
-10,435,607
| -10% | -$358M |
|
44
Johnson & Johnson
JNJ
$629B
| $3.45B | 0.42% |
21,834,359
+3,139,499
| +17% | +$500M |
|
45
Wells Fargo
WFC
$269B
| $3.44B | 0.42% |
59,298,893
-11,931,755
| -17% | -$624M |
|
46
Walmart Inc
WMT
$923B
| $3.42B | 0.42% |
56,861,234
-3,846,526
| -6% | -$220M |
|
47
Roper Technologies
ROP
$39.1B
| $3.41B | 0.42% |
6,080,774
-464,556
| -7% | -$253M |
|
|
48
GE Aerospace
GE
$379B
| $3.36B | 0.41% |
24,007,053
-15,116,279
| -39% | -$1.78B |
|
49
Broadcom
AVGO
$1.98T
| $3.3B | 0.41% |
24,935,110
-2,486,630
| -9% | -$308M |
|
50
Chipotle Mexican Grill
CMG
$41.3B
| $3.16B | 0.39% |
54,287,900
-1,772,900
| -3% | -$90.7M |
|
Similar funds
T. Rowe Price Associates's Q1 2024 Portfolio in Review
As of Q1 2024, T. Rowe Price Associates held 3,021 positions worth $816B, up 9.6% from $744B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q1 2024 filing shows 108 new, 1,941 increased, 738 reduced and 64 closed positions. Its largest new stake was GE Vernova: 2,687,194 shares worth $367M. The largest sale was NVIDIA, an estimated $2.59B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q1 2024 buy was GE Vernova: 2,687,194 shares worth $367M.
- T. Rowe Price Associates added most to Fortinet in Q1 2024, an estimated $2.03B increase.
- T. Rowe Price Associates's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $2.59B.
- T. Rowe Price Associates fully exited Karuna Therapeutics, Inc. Common Stock in Q1 2024, selling an estimated $621M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $816B portfolio in Q1 2024.
- T. Rowe Price Associates opened 108 new positions and closed 64 in Q1 2024.
- T. Rowe Price Associates's portfolio value rose 9.6% quarter-over-quarter to $816B.
Based on T. Rowe Price Associates's 13F filing for Q1 2024, filed 15 May 2024.