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 | |
|---|---|---|---|---|---|---|
51
Philip Morris
PM
$290B
| $2.66B | 0.36% |
28,227,638
-4,575,955
| -14% | -$422M |
|
52
Mondelez International
MDLZ
$79.4B
| $2.64B | 0.35% |
36,406,133
+1,686,229
| +5% | +$116M |
|
53
Ross Stores
ROST
$79.6B
| $2.59B | 0.35% |
18,726,513
-4,666,369
| -20% | -$581M |
|
54
Chipotle Mexican Grill
CMG
$41.3B
| $2.56B | 0.34% |
56,060,800
-5,790,750
| -9% | -$241M |
|
55
Old Dominion Freight Line
ODFL
$44.1B
| $2.56B | 0.34% |
12,650,642
+162,244
| +1% | +$32.2M |
|
56
Colgate-Palmolive
CL
$73.6B
| $2.56B | 0.34% |
32,133,218
+4,625,472
| +17% | +$348M |
|
57
Boeing
BA
$183B
| $2.56B | 0.34% |
9,823,006
+1,884,850
| +24% | +$403M |
|
58
Becton Dickinson
BDX
$50B
| $2.53B | 0.34% |
10,385,888
-2,506,539
| -19% | -$618M |
|
|
59
Dollar General
DG
$26.4B
| $2.47B | 0.33% |
18,185,887
+11,257,537
| +162% | +$1.37B |
|
60
Atlassian
TEAM
$39.4B
| $2.44B | 0.33% |
10,237,507
+326,673
| +3% | +$64.1M |
|
61
Vertex Pharmaceuticals
VRTX
$133B
| $2.4B | 0.32% |
5,887,412
-962,654
| -14% | -$356M |
|
62
Coca-Cola
KO
$373B
| $2.39B | 0.32% |
40,564,179
+2,893,061
| +8% | +$164M |
|
63
Kenvue
KVUE
$36.5B
| $2.35B | 0.32% |
109,327,221
+18,118,056
| +20% | +$363M |
|
64
Rivian
RIVN
$23.1B
| $2.28B | 0.31% |
97,071,739
+25,550,489
| +36% | +$480M |
|
65
Constellation Energy
CEG
$98.7B
| $2.26B | 0.3% |
19,374,133
+1,856,622
| +11% | +$217M |
|
66
Texas Instruments
TXN
$253B
| $2.26B | 0.3% |
13,233,150
-1,215,936
| -8% | -$188M |
|
67
CSX Corp
CSX
$92.8B
| $2.25B | 0.3% |
64,807,961
+9,914,656
| +18% | +$316M |
|
68
Home Depot
HD
$342B
| $2.24B | 0.3% |
6,465,972
+82,672
| +1% | +$25.6M |
|
69
Applied Materials
AMAT
$435B
| $2.23B | 0.3% |
13,738,382
+224,296
| +2% | +$33M |
|
70
Lam Research
LRCX
$408B
| $2.21B | 0.3% |
28,162,480
-2,726,860
| -9% | -$186M |
|
71
Shopify
SHOP
$194B
| $2.2B | 0.3% |
28,257,091
-3,739,568
| -12% | -$239M |
|
72
Cencora
COR
$60B
| $2.2B | 0.3% |
10,705,682
+339,071
| +3% | +$66.2M |
|
73
Teledyne Technologies
TDY
$31.8B
| $2.18B | 0.29% |
4,889,973
-371,510
| -7% | -$149M |
|
74
McDonald's
MCD
$195B
| $2.18B | 0.29% |
7,347,048
+987,099
| +16% | +$269M |
|
75
Southern Company
SO
$106B
| $2.1B | 0.28% |
29,900,452
-4,386,524
| -13% | -$301M |
|
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.