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 | |
|---|---|---|---|---|---|---|
51
Walt Disney
DIS
$178B
| $2.28B | 0.37% |
24,123,546
-860,978
| -3% | -$92.1M |
|
52
Veeva Systems
VEEV
$39.2B
| $2.2B | 0.36% |
13,347,309
-3,067,034
| -19% | -$613M |
|
53
Qualcomm
QCOM
$171B
| $2.13B | 0.35% |
18,844,528
+765,392
| +4% | +$105M |
|
54
Dominion Energy
D
$59.8B
| $2.13B | 0.35% |
30,771,075
+2,763,501
| +10% | +$223M |
|
55
Synopsys
SNPS
$79B
| $2.12B | 0.35% |
6,921,351
-4,132,064
| -37% | -$1.4B |
|
56
Booking.com
BKNG
$159B
| $2.11B | 0.35% |
32,074,025
-1,331,075
| -4% | -$100M |
|
57
Old Dominion Freight Line
ODFL
$44.1B
| $2.04B | 0.33% |
16,389,124
-1,756,326
| -10% | -$243M |
|
58
L3Harris
LHX
$54.1B
| $2.03B | 0.33% |
9,758,276
+1,448,364
| +17% | +$334M |
|
59
Texas Instruments
TXN
$253B
| $2.01B | 0.33% |
12,979,444
-8,133,928
| -39% | -$1.36B |
|
60
Accenture
ACN
$110B
| $2B | 0.33% |
7,764,025
-1,094,874
| -12% | -$316M |
|
61
Procter & Gamble
PG
$335B
| $1.95B | 0.32% |
15,428,386
-1,139,304
| -7% | -$162M |
|
62
Paylocity
PCTY
$7.73B
| $1.87B | 0.31% |
7,750,756
-2,027,826
| -21% | -$466M |
|
63
JPMorgan Chase
JPM
$971B
| $1.86B | 0.31% |
17,829,147
-13,838,063
| -44% | -$1.59B |
|
64
McDonald's
MCD
$195B
| $1.82B | 0.3% |
7,869,149
+1,105,231
| +16% | +$282M |
|
65
Sherwin-Williams
SHW
$87.4B
| $1.74B | 0.29% |
8,485,557
-1,765,440
| -17% | -$418M |
|
66
Coca-Cola
KO
$373B
| $1.72B | 0.28% |
30,685,147
-2,334,661
| -7% | -$145M |
|
67
American International
AIG
$39.8B
| $1.69B | 0.28% |
35,591,365
-7,034,982
| -17% | -$370M |
|
68
Linde
LIN
$221B
| $1.68B | 0.28% |
6,247,407
-1,613,399
| -21% | -$463M |
|
69
Nutrien
NTR
$32.1B
| $1.68B | 0.28% |
20,173,789
+6,080,975
| +43% | +$523M |
|
70
EOG Resources
EOG
$75.1B
| $1.65B | 0.27% |
14,735,753
-690,162
| -4% | -$77.5M |
|
71
Home Depot
HD
$342B
| $1.64B | 0.27% |
5,929,065
+131,560
| +2% | +$38.8M |
|
72
ConocoPhillips
COP
$153B
| $1.61B | 0.26% |
15,689,746
-1,311,118
| -8% | -$131M |
|
73
Pfizer
PFE
$150B
| $1.6B | 0.26% |
36,467,989
+1,529,779
| +4% | +$74.3M |
|
74
Zoetis
ZTS
$30.4B
| $1.55B | 0.25% |
10,406,006
+395,882
| +4% | +$66.2M |
|
75
Teledyne Technologies
TDY
$31.8B
| $1.53B | 0.25% |
4,537,255
-1,774,847
| -28% | -$677M |
|
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.