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 | |
|---|---|---|---|---|---|---|
76
Broadcom
AVGO
$1.98T
| $1.53B | 0.25% |
34,204,810
+11,911,130
| +53% | +$609M |
|
77
Global Payments
GPN
$23.4B
| $1.52B | 0.25% |
14,070,661
-2,085,379
| -13% | -$257M |
|
78
KLA
KLAC
$272B
| $1.51B | 0.25% |
49,882,920
-12,098,350
| -20% | -$419M |
|
79
Ferrari
RACE
$71.6B
| $1.5B | 0.25% |
8,089,201
-739,039
| -8% | -$147M |
|
80
argenx
ARGX
$54.8B
| $1.5B | 0.25% |
4,238,689
-2,138,627
| -34% | -$792M |
|
81
Vertex Pharmaceuticals
VRTX
$133B
| $1.49B | 0.24% |
5,157,954
+195,271
| +4% | +$56.2M |
|
82
Sea Limited
SE
$78.5B
| $1.49B | 0.24% |
26,328,095
-1,859,909
| -7% | -$129M |
|
83
Mondelez International
MDLZ
$79.4B
| $1.48B | 0.24% |
26,917,893
+4,272,750
| +19% | +$265M |
|
84
United Parcel Service
UPS
$88.4B
| $1.46B | 0.24% |
9,029,465
-1,827,291
| -17% | -$346M |
|
85
Keurig Dr Pepper
KDP
$40.2B
| $1.42B | 0.23% |
39,734,185
-17,466,901
| -31% | -$661M |
|
86
HubSpot
HUBS
$10.5B
| $1.4B | 0.23% |
5,196,978
-72,222
| -1% | -$22.9M |
|
87
Progressive
PGR
$121B
| $1.39B | 0.23% |
11,965,362
+806,366
| +7% | +$97.1M |
|
88
BILL Holdings
BILL
$4.85B
| $1.38B | 0.23% |
10,392,297
-2,947,224
| -22% | -$423M |
|
89
Ameren
AEE
$30.1B
| $1.38B | 0.23% |
17,082,536
-3,994,437
| -19% | -$365M |
|
90
MongoDB
MDB
$35.2B
| $1.36B | 0.22% |
6,839,286
-1,419,012
| -17% | -$414M |
|
91
Nike
NKE
$60.1B
| $1.34B | 0.22% |
16,080,030
-354,950
| -2% | -$38.2M |
|
92
NextEra Energy
NEE
$179B
| $1.34B | 0.22% |
17,067,957
-8,249,595
| -33% | -$700M |
|
93
Prologis
PLD
$134B
| $1.33B | 0.22% |
13,071,004
+2,823,799
| +28% | +$350M |
|
94
Merck
MRK
$328B
| $1.31B | 0.22% |
15,262,085
-1,764,865
| -10% | -$158M |
|
95
Honeywell
HON
$74.6B
| $1.29B | 0.21% |
8,209,632
-1,683,168
| -17% | -$293M |
|
96
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.28B | 0.21% |
4,800,733
-81,263
| -2% | -$23.1M |
|
|
MRSH
97
Marsh
MRSH
$90.1B
| $1.27B | 0.21% |
8,452,280
-6,849,452
| -45% | -$1.1B |
|
98
Ingersoll Rand
IR
$32.9B
| $1.25B | 0.2% |
28,811,250
-46,351,837
| -62% | -$2.18B |
|
99
Equity Residential
EQR
$24.2B
| $1.24B | 0.2% |
18,437,967
+27,753
| +0.2% | +$2.05M |
|
100
TJX Companies
TJX
$169B
| $1.23B | 0.2% |
19,836,581
-483,874
| -2% | -$30.4M |
|
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.