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 | |
|---|---|---|---|---|---|---|
51
Dollar General
DG
$26.4B
| $3.16B | 0.39% |
20,217,480
+2,031,593
| +11% | +$289M |
|
52
Procter & Gamble
PG
$335B
| $3.11B | 0.38% |
19,195,674
-1,309,692
| -6% | -$205M |
|
53
Synopsys
SNPS
$79B
| $3.05B | 0.37% |
5,337,602
+1,514,449
| +40% | +$834M |
|
54
Coca-Cola
KO
$373B
| $3.02B | 0.37% |
49,297,505
+8,733,326
| +22% | +$525M |
|
55
Old Dominion Freight Line
ODFL
$44.1B
| $3.01B | 0.37% |
13,726,847
+1,076,205
| +9% | +$224M |
|
56
Kenvue
KVUE
$36.5B
| $2.89B | 0.35% |
134,565,333
+25,238,112
| +23% | +$512M |
|
57
Lam Research
LRCX
$408B
| $2.88B | 0.35% |
29,591,510
+1,429,030
| +5% | +$126M |
|
58
Home Depot
HD
$342B
| $2.85B | 0.35% |
7,437,805
+971,833
| +15% | +$355M |
|
59
Uber
UBER
$154B
| $2.8B | 0.34% |
36,425,981
+9,996,508
| +38% | +$718M |
|
60
Shopify
SHOP
$194B
| $2.64B | 0.32% |
34,239,525
+5,982,434
| +21% | +$473M |
|
61
Ross Stores
ROST
$79.6B
| $2.63B | 0.32% |
17,919,862
-806,651
| -4% | -$116M |
|
62
Becton Dickinson
BDX
$50B
| $2.5B | 0.31% |
10,120,327
-265,561
| -3% | -$63.6M |
|
63
CSX Corp
CSX
$92.8B
| $2.42B | 0.3% |
65,251,716
+443,755
| +0.7% | +$16.2M |
|
64
Accenture
ACN
$110B
| $2.42B | 0.3% |
6,974,280
-1,516,763
| -18% | -$553M |
|
65
Halliburton
HAL
$27.7B
| $2.41B | 0.3% |
61,090,055
+19,237,784
| +46% | +$689M |
|
66
EQT Corp
EQT
$33.8B
| $2.41B | 0.29% |
64,877,405
+11,993,729
| +23% | +$430M |
|
|
67
Fortinet
FTNT
$118B
| $2.4B | 0.29% |
35,137,089
+30,542,551
| +665% | +$2.03B |
|
68
Cummins
CMI
$87.8B
| $2.34B | 0.29% |
7,948,413
+604,735
| +8% | +$156M |
|
69
Applied Materials
AMAT
$435B
| $2.31B | 0.28% |
11,218,329
-2,520,053
| -18% | -$462M |
|
70
TE Connectivity
TEL
$62B
| $2.27B | 0.28% |
15,596,370
+5,526,230
| +55% | +$774M |
|
71
MetLife
MET
$61.4B
| $2.19B | 0.27% |
29,593,353
-495,009
| -2% | -$34.5M |
|
|
MRSH
72
Marsh
MRSH
$90.1B
| $2.19B | 0.27% |
10,624,073
+380,828
| +4% | +$75.9M |
|
73
Cencora
COR
$60B
| $2.18B | 0.27% |
8,986,455
-1,719,227
| -16% | -$395M |
|
74
Atlassian
TEAM
$39.4B
| $2.17B | 0.27% |
11,141,645
+904,138
| +9% | +$197M |
|
75
argenx
ARGX
$54.8B
| $2.17B | 0.27% |
5,504,506
+1,830,651
| +50% | +$709M |
|
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.