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 |
Amazon
AMZN
|
+$3.11B |
| 2 |
Meta Platforms (Facebook)
META
|
+$2.59B |
| 3 |
EQT Corp
EQT
|
+$1.31B |
| 4 |
Colgate-Palmolive
CL
|
+$1.08B |
| 5 |
Adobe
ADBE
|
+$1.06B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.92B |
| 2 |
UnitedHealth
UNH
|
+$1.78B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.55B |
| 4 |
Ross Stores
ROST
|
+$1.54B |
| 5 |
ASML
ASML
|
+$1.49B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.61% |
| 2 | Healthcare | 16.91% |
| 3 | Consumer Discretionary | 11.05% |
| 4 | Financials | 10.6% |
| 5 | Communication Services | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Verizon
VZ
$195B
| $1.39B | 0.19% |
37,414,033
-986
| -0% | -$36.5K |
|
102
News Corp Class A
NWSA
$15.5B
| $1.38B | 0.19% |
70,701,022
+752,736
| +1% | +$13.6M |
|
103
Cummins
CMI
$87.8B
| $1.38B | 0.19% |
5,611,468
+772,796
| +16% | +$175M |
|
104
Prologis
PLD
$134B
| $1.35B | 0.19% |
11,031,003
-1,562,920
| -12% | -$192M |
|
105
McKesson
MCK
$102B
| $1.34B | 0.19% |
3,146,974
-88,823
| -3% | -$34.1M |
|
106
Veeva Systems
VEEV
$39.2B
| $1.34B | 0.19% |
6,798,045
-986,507
| -13% | -$180M |
|
107
Zimmer Biomet
ZBH
$18.7B
| $1.34B | 0.19% |
9,223,132
-1,208,907
| -12% | -$164M |
|
108
Paylocity
PCTY
$7.73B
| $1.34B | 0.19% |
7,258,297
+1,539,537
| +27% | +$282M |
|
109
Honeywell
HON
$74.6B
| $1.33B | 0.19% |
6,824,167
-1,075,468
| -14% | -$200M |
|
|
110
Colgate-Palmolive
CL
$73.6B
| $1.33B | 0.19% |
17,276,154
+13,961,123
| +421% | +$1.08B |
|
111
Sherwin-Williams
SHW
$87.4B
| $1.32B | 0.18% |
4,988,525
-2,669,453
| -35% | -$628M |
|
112
Ferrari
RACE
$71.6B
| $1.31B | 0.18% |
4,037,889
-2,859,057
| -41% | -$833M |
|
113
Monolithic Power Systems
MPWR
$70B
| $1.31B | 0.18% |
2,420,260
-914,137
| -27% | -$434M |
|
114
GE HealthCare
GEHC
$32.6B
| $1.28B | 0.18% |
15,776,949
-2,545,313
| -14% | -$203M |
|
115
NextEra Energy
NEE
$179B
| $1.27B | 0.18% |
17,169,088
+6,204,902
| +57% | +$470M |
|
116
ConocoPhillips
COP
$153B
| $1.27B | 0.18% |
12,233,489
-1,247,695
| -9% | -$128M |
|
117
KLA
KLAC
$272B
| $1.27B | 0.18% |
26,118,840
+1,784,910
| +7% | +$74.6M |
|
118
Global Payments
GPN
$23.4B
| $1.23B | 0.17% |
12,520,333
+642,973
| +5% | +$66.1M |
|
119
American Express
AXP
$232B
| $1.23B | 0.17% |
7,049,335
+179,951
| +3% | +$29M |
|
|
HES
120
DELISTED
Hess
HES
| $1.23B | 0.17% |
9,013,916
+440,798
| +5% | +$60.3M |
|
121
Rivian
RIVN
$23.1B
| $1.22B | 0.17% |
73,292,635
-3,483,487
| -5% | -$48.7M |
|
122
Equity Residential
EQR
$24.2B
| $1.21B | 0.17% |
18,385,660
+322,820
| +2% | +$20.2M |
|
123
Constellation Energy
CEG
$98.7B
| $1.2B | 0.17% |
13,155,032
+12,712,454
| +2,872% | +$1.05B |
|
124
Pfizer
PFE
$150B
| $1.2B | 0.17% |
32,596,597
-4,401,435
| -12% | -$171M |
|
125
Public Storage
PSA
$60.4B
| $1.19B | 0.17% |
4,090,073
+1,334,468
| +48% | +$389M |
|
Similar funds
T. Rowe Price Associates's Q2 2023 Portfolio in Review
As of Q2 2023, T. Rowe Price Associates held 3,044 positions worth $718B, up 7.4% from $668B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q2 2023 filing shows 123 new, 1,636 increased, 968 reduced and 150 closed positions. Its largest new stake was Kenvue: 26,317,608 shares worth $695M. The largest sale was Microsoft, an estimated $1.92B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Associates's largest Q2 2023 buy was Kenvue: 26,317,608 shares worth $695M.
- T. Rowe Price Associates added most to Amazon in Q2 2023, an estimated $3.11B increase.
- T. Rowe Price Associates's biggest Q2 2023 reduction was Microsoft, cutting an estimated $1.92B.
- T. Rowe Price Associates fully exited Canadian Natural Resources in Q2 2023, selling an estimated $112M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $718B portfolio in Q2 2023.
- T. Rowe Price Associates opened 123 new positions and closed 150 in Q2 2023.
- T. Rowe Price Associates's portfolio value rose 7.4% quarter-over-quarter to $718B.
Based on T. Rowe Price Associates's 13F filing for Q2 2023, filed 14 Aug 2023.