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 | |
|---|---|---|---|---|---|---|
76
Micron Technology
MU
$1.03T
| $2.15B | 0.26% |
18,243,633
+3,315,988
| +22% | +$300M |
|
77
Ingersoll Rand
IR
$32.9B
| $2.13B | 0.26% |
22,473,076
-706,687
| -3% | -$60.4M |
|
78
Mondelez International
MDLZ
$79.4B
| $2.07B | 0.25% |
29,558,876
-6,847,257
| -19% | -$500M |
|
79
L3Harris
LHX
$54.1B
| $2.05B | 0.25% |
9,631,207
+45,845
| +0.5% | +$9.63M |
|
|
80
Citigroup
C
$231B
| $2.01B | 0.25% |
31,716,442
+17,525,484
| +123% | +$975M |
|
81
Teledyne Technologies
TDY
$31.8B
| $2B | 0.25% |
4,667,310
-222,663
| -5% | -$95.5M |
|
82
Texas Instruments
TXN
$253B
| $1.98B | 0.24% |
11,354,616
-1,878,534
| -14% | -$313M |
|
83
Goldman Sachs
GS
$302B
| $1.97B | 0.24% |
4,721,038
-232,423
| -5% | -$90.2M |
|
84
Honeywell
HON
$74.6B
| $1.97B | 0.24% |
10,172,569
+1,853,312
| +22% | +$349M |
|
85
AbbVie
ABBV
$440B
| $1.96B | 0.24% |
10,744,190
+1,291,201
| +14% | +$223M |
|
86
IDEX
IEX
$17.7B
| $1.94B | 0.24% |
7,964,956
+555,250
| +7% | +$125M |
|
87
American Express
AXP
$232B
| $1.92B | 0.24% |
8,447,441
+662,382
| +9% | +$137M |
|
88
Vertex Pharmaceuticals
VRTX
$133B
| $1.88B | 0.23% |
4,493,422
-1,393,990
| -24% | -$589M |
|
89
Weyerhaeuser
WY
$17.8B
| $1.84B | 0.23% |
51,261,654
+2,874,101
| +6% | +$97.3M |
|
90
Entegris
ENTG
$24.6B
| $1.84B | 0.23% |
13,085,147
+916,420
| +8% | +$117M |
|
91
American International
AIG
$39.8B
| $1.83B | 0.22% |
23,461,136
-3,005,429
| -11% | -$214M |
|
92
KLA
KLAC
$272B
| $1.83B | 0.22% |
26,187,090
+712,890
| +3% | +$45.8M |
|
93
NextEra Energy
NEE
$179B
| $1.81B | 0.22% |
28,273,671
-749,685
| -3% | -$43.9M |
|
94
Stanley Black & Decker
SWK
$15.5B
| $1.8B | 0.22% |
18,410,842
+1,250,925
| +7% | +$115M |
|
95
Intel
INTC
$509B
| $1.76B | 0.22% |
39,841,750
+2,457,243
| +7% | +$109M |
|
96
Union Pacific
UNP
$174B
| $1.74B | 0.21% |
7,058,384
-427,042
| -6% | -$105M |
|
97
Freeport-McMoran
FCX
$96.9B
| $1.73B | 0.21% |
36,882,874
+2,392,800
| +7% | +$96.6M |
|
98
Southern Company
SO
$106B
| $1.71B | 0.21% |
23,888,059
-6,012,393
| -20% | -$415M |
|
99
Diamondback Energy
FANG
$56.2B
| $1.71B | 0.21% |
8,609,143
+2,381,488
| +38% | +$404M |
|
100
Ameren
AEE
$30.1B
| $1.7B | 0.21% |
22,931,588
+4,593,638
| +25% | +$327M |
|
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.