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 | |
|---|---|---|---|---|---|---|
151
General Dynamics
GD
$107B
| $955M | 0.14% |
4,321,995
+1,719,822
| +66% | +$380M |
|
152
Equity Lifestyle Properties
ELS
$12.4B
| $954M | 0.14% |
14,979,208
+4,107,636
| +38% | +$277M |
|
153
West Pharmaceutical
WST
$24.8B
| $941M | 0.14% |
2,507,136
-330,808
| -12% | -$128M |
|
154
Ameren
AEE
$30.1B
| $939M | 0.14% |
12,547,608
-2,003,405
| -14% | -$163M |
|
155
Walt Disney
DIS
$178B
| $936M | 0.14% |
11,553,306
-6,747,701
| -37% | -$576M |
|
156
US Bancorp
USB
$101B
| $935M | 0.14% |
28,292,029
-15,487,639
| -35% | -$564M |
|
157
Equitable Holdings
EQH
$14.1B
| $922M | 0.14% |
32,491,914
-1,491,190
| -4% | -$42.1M |
|
158
Monster Beverage
MNST
$90.1B
| $913M | 0.13% |
34,481,422
-795,226
| -2% | -$22.6M |
|
159
Wabtec
WAB
$49.9B
| $910M | 0.13% |
8,566,903
+1,674,064
| +24% | +$186M |
|
160
Analog Devices
ADI
$187B
| $909M | 0.13% |
5,193,484
+2,554,727
| +97% | +$471M |
|
161
Coupang
CPNG
$29.3B
| $907M | 0.13% |
53,351,808
-3,147,846
| -6% | -$56.6M |
|
162
Allstate
ALL
$64.7B
| $897M | 0.13% |
8,047,830
+877,223
| +12% | +$95.7M |
|
163
Zimmer Biomet
ZBH
$18.7B
| $894M | 0.13% |
7,968,507
-1,254,625
| -14% | -$159M |
|
164
Verizon
VZ
$195B
| $884M | 0.13% |
27,262,402
-10,151,631
| -27% | -$343M |
|
165
Range Resources
RRC
$9.39B
| $878M | 0.13% |
27,095,201
+4,298,843
| +19% | +$134M |
|
166
Entegris
ENTG
$24.6B
| $877M | 0.13% |
9,342,590
+911,565
| +11% | +$91.3M |
|
167
Nike
NKE
$60.1B
| $874M | 0.13% |
9,138,997
-604,390
| -6% | -$62.2M |
|
168
Ferrari
RACE
$71.6B
| $874M | 0.13% |
2,956,721
-1,081,168
| -27% | -$336M |
|
169
Carrier Global
CARR
$52B
| $873M | 0.13% |
15,817,692
-2,809,488
| -15% | -$155M |
|
170
TJX Companies
TJX
$169B
| $871M | 0.13% |
9,797,720
-3,979,893
| -29% | -$350M |
|
171
TechnipFMC
FTI
$29.5B
| $858M | 0.13% |
42,158,790
-2,572,952
| -6% | -$48.6M |
|
172
Comcast
CMCSA
$90.4B
| $853M | 0.13% |
19,235,941
+5,495,079
| +40% | +$245M |
|
173
American Tower
AMT
$79.4B
| $843M | 0.12% |
5,128,368
-249,920
| -5% | -$45.6M |
|
174
Monolithic Power Systems
MPWR
$70B
| $838M | 0.12% |
1,814,638
-605,622
| -25% | -$310M |
|
175
GE HealthCare
GEHC
$32.6B
| $834M | 0.12% |
12,259,394
-3,517,555
| -22% | -$256M |
|
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.