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 |
SLB Ltd
SLB
|
+$2.48B |
| 2 |
Kenvue
KVUE
|
+$1.5B |
| 3 |
Halliburton
HAL
|
+$1.12B |
| 4 |
Boeing
BA
|
+$950M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$920M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.64B |
| 2 |
Apple
AAPL
|
+$1.9B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.66B |
| 4 |
Johnson & Johnson
JNJ
|
+$1.56B |
| 5 |
Amazon
AMZN
|
+$1.17B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.76% |
| 2 | Healthcare | 16.83% |
| 3 | Financials | 10.91% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Communication Services | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
argenx
ARGX
$54.8B
| $1.8B | 0.26% |
3,659,515
-237,904
| -6% | -$116M |
|
77
Union Pacific
UNP
$174B
| $1.79B | 0.26% |
8,786,772
-1,567,375
| -15% | -$341M |
|
78
Amphenol
APH
$210B
| $1.76B | 0.26% |
41,808,510
+3,525,804
| +9% | +$152M |
|
79
Shopify
SHOP
$194B
| $1.75B | 0.26% |
31,996,659
-1,550,208
| -5% | -$93.9M |
|
80
Rivian
RIVN
$23.1B
| $1.74B | 0.25% |
71,521,250
-1,771,385
| -2% | -$41.4M |
|
81
Morgan Stanley
MS
$342B
| $1.74B | 0.25% |
21,257,070
-1,941,466
| -8% | -$169M |
|
82
Ingersoll Rand
IR
$32.9B
| $1.71B | 0.25% |
26,824,566
-379,484
| -1% | -$25.2M |
|
83
NXP Semiconductors
NXPI
$58.9B
| $1.7B | 0.25% |
8,522,245
+3,888,696
| +84% | +$805M |
|
84
Amgen
AMGN
$225B
| $1.7B | 0.25% |
6,320,990
+1,480,001
| +31% | +$369M |
|
85
CSX Corp
CSX
$92.8B
| $1.69B | 0.25% |
54,893,305
+8,445,202
| +18% | +$268M |
|
86
PepsiCo
PEP
$189B
| $1.69B | 0.25% |
9,955,542
-1,385,115
| -12% | -$252M |
|
87
McDonald's
MCD
$195B
| $1.68B | 0.25% |
6,359,949
-116,297
| -2% | -$33.2M |
|
88
L3Harris
LHX
$54.1B
| $1.66B | 0.24% |
9,544,914
-1,009,550
| -10% | -$186M |
|
89
American International
AIG
$39.8B
| $1.65B | 0.24% |
27,265,086
-371,626
| -1% | -$22.2M |
|
90
Pfizer
PFE
$150B
| $1.63B | 0.24% |
49,014,682
+16,418,085
| +50% | +$581M |
|
91
Cummins
CMI
$87.8B
| $1.62B | 0.24% |
7,097,653
+1,486,185
| +26% | +$359M |
|
92
Progressive
PGR
$121B
| $1.6B | 0.23% |
11,483,624
-313,039
| -3% | -$41.2M |
|
|
HES
93
DELISTED
Hess
HES
| $1.59B | 0.23% |
10,409,735
+1,395,819
| +15% | +$210M |
|
94
MongoDB
MDB
$35.2B
| $1.58B | 0.23% |
4,554,373
-479,953
| -10% | -$182M |
|
95
Hartford Financial Services
HIG
$37.7B
| $1.56B | 0.23% |
21,968,578
-1,165,719
| -5% | -$84.6M |
|
96
Veeva Systems
VEEV
$39.2B
| $1.55B | 0.23% |
7,614,212
+816,167
| +12% | +$164M |
|
97
NextEra Energy
NEE
$179B
| $1.54B | 0.23% |
26,929,956
+9,760,868
| +57% | +$676M |
|
|
98
Boeing
BA
$183B
| $1.52B | 0.22% |
7,938,156
+4,339,801
| +121% | +$950M |
|
99
Cadence Design Systems
CDNS
$89B
| $1.51B | 0.22% |
6,463,867
+158,829
| +3% | +$37.2M |
|
100
Goldman Sachs
GS
$302B
| $1.51B | 0.22% |
4,678,472
+291,547
| +7% | +$97.4M |
|
Similar funds
T. Rowe Price Associates's Q3 2023 Portfolio in Review
As of Q3 2023, T. Rowe Price Associates held 2,959 positions worth $682B, down 4.9% from $718B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Trading was light in Q3 2023: portfolio turnover was 4.7%. T. Rowe Price Associates opened 69 new positions and exited 71, leaving the 2,959-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 32% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q3 2023 buy was Maplebear: 6,435,942 shares worth $191M.
- T. Rowe Price Associates added most to SLB Ltd in Q3 2023, an estimated $2.48B increase.
- T. Rowe Price Associates's biggest Q3 2023 reduction was Microsoft, cutting an estimated $2.64B.
- T. Rowe Price Associates fully exited Life Storage, Inc. in Q3 2023, selling an estimated $285M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $682B portfolio in Q3 2023.
- T. Rowe Price Associates opened 69 new positions and closed 71 in Q3 2023.
- T. Rowe Price Associates's portfolio value fell 4.9% quarter-over-quarter to $682B.
Based on T. Rowe Price Associates's 13F filing for Q3 2023, filed 14 Nov 2023.