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 | |
|---|---|---|---|---|---|---|
176
Hubbell
HUBB
$27.1B
| $832M | 0.12% |
2,653,502
-1,754,017
| -40% | -$559M |
|
177
Agilent Technologies
A
$41.9B
| $826M | 0.12% |
7,385,815
-668,160
| -8% | -$80.1M |
|
178
Saia
SAIA
$9.73B
| $817M | 0.12% |
2,050,353
-998,281
| -33% | -$403M |
|
179
Nutrien
NTR
$32.1B
| $806M | 0.12% |
13,056,311
-5,440,981
| -29% | -$344M |
|
180
Canadian Pacific Kansas City
CP
$81.5B
| $803M | 0.12% |
10,785,614
-1,045,550
| -9% | -$82.9M |
|
181
Floor & Decor
FND
$6.32B
| $790M | 0.12% |
8,726,351
-895,292
| -9% | -$91.2M |
|
182
Pinterest
PINS
$13B
| $780M | 0.11% |
28,855,461
-4,103,971
| -12% | -$112M |
|
183
HCA Healthcare
HCA
$89.8B
| $769M | 0.11% |
3,127,088
-2,619,322
| -46% | -$717M |
|
184
TotalEnergies
TTE
$194B
| $768M | 0.11% |
11,678,893
-211,718
| -2% | -$13.1M |
|
185
AutoZone
AZO
$49.7B
| $760M | 0.11% |
299,323
-15,300
| -5% | -$38.4M |
|
186
JB Hunt Transport Services
JBHT
$25.9B
| $751M | 0.11% |
3,983,969
-393,586
| -9% | -$75.6M |
|
187
Apollo Global Management
APO
$81.9B
| $749M | 0.11% |
8,346,692
-228,828
| -3% | -$19.2M |
|
|
NVO
188
Novo Nordisk
NVO
$203B
| $749M | 0.11% |
8,230,915
+576,025
| +8% | +$50.7M |
|
189
CVS Health
CVS
$121B
| $748M | 0.11% |
10,707,037
+942,795
| +10% | +$66.8M |
|
190
Dollar General
DG
$26.4B
| $733M | 0.11% |
6,928,350
+185,943
| +3% | +$27.7M |
|
|
WCN
191
Waste Connections
WCN
$41.6B
| $725M | 0.11% |
5,401,978
+100,465
| +2% | +$14.1M |
|
192
Mercado Libre
MELI
$92.7B
| $724M | 0.11% |
570,767
+30,638
| +6% | +$39M |
|
193
Rexford Industrial Realty
REXR
$8.11B
| $709M | 0.1% |
14,369,173
+1,116,236
| +8% | +$59M |
|
194
Travelers Companies
TRV
$77.2B
| $706M | 0.1% |
4,325,429
-477,955
| -10% | -$79.8M |
|
195
FirstEnergy
FE
$27.2B
| $702M | 0.1% |
20,539,084
+289,417
| +1% | +$10.8M |
|
196
Trade Desk
TTD
$6.34B
| $700M | 0.1% |
8,959,203
-3,915,508
| -30% | -$317M |
|
197
Conagra Brands
CAG
$7.16B
| $699M | 0.1% |
25,509,481
+2,646,473
| +12% | +$81.6M |
|
198
Five Below
FIVE
$13.2B
| $699M | 0.1% |
4,342,642
+325,173
| +8% | +$59.4M |
|
199
Alnylam Pharmaceuticals
ALNY
$30B
| $695M | 0.1% |
3,925,004
+39,468
| +1% | +$7.53M |
|
200
Northrop Grumman
NOC
$82B
| $695M | 0.1% |
1,577,887
-60,896
| -4% | -$26.7M |
|
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.