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 |
ExxonMobil
XOM
|
+$1.76B |
| 2 |
Eli Lilly
LLY
|
+$1.4B |
| 3 |
Bank of America
BAC
|
+$1.3B |
| 4 |
Tesla
TSLA
|
+$1.19B |
| 5 |
Wells Fargo
WFC
|
+$784M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$6.47B |
| 2 |
Amazon
AMZN
|
+$3.71B |
| 3 |
Yum! Brands
YUM
|
+$2.84B |
| 4 |
Salesforce
CRM
|
+$2.77B |
| 5 |
Fortive
FTV
|
+$2.41B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.06% |
| 2 | Healthcare | 18.72% |
| 3 | Consumer Discretionary | 14.62% |
| 4 | Financials | 10.36% |
| 5 | Communication Services | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SBNY
201
DELISTED
Signature Bank
SBNY
| $570M | 0.09% |
3,774,859
-1,469,940
| -28% | -$267M |
|
202
Stanley Black & Decker
SWK
$15.5B
| $568M | 0.09% |
7,554,260
+5,523,022
| +272% | +$531M |
|
203
Hilton Worldwide
HLT
$72.6B
| $555M | 0.09% |
4,587,679
-7,320,325
| -61% | -$926M |
|
204
Trane Technologies
TT
$105B
| $549M | 0.09% |
3,790,429
+1,368,481
| +57% | +$204M |
|
205
Southwest Airlines
LUV
$22B
| $547M | 0.09% |
17,752,274
-15,626,603
| -47% | -$585M |
|
206
Cardinal Health
CAH
$54.5B
| $547M | 0.09% |
8,202,026
-3,641,139
| -31% | -$231M |
|
207
Loews
L
$23.1B
| $545M | 0.09% |
10,934,364
-5,547,052
| -34% | -$311M |
|
208
Cintas
CTAS
$81.4B
| $542M | 0.09% |
5,584,412
-368,700
| -6% | -$37.6M |
|
209
Canadian Pacific Kansas City
CP
$81.5B
| $540M | 0.09% |
8,095,387
-252,794
| -3% | -$19.1M |
|
210
SiteOne Landscape Supply
SITE
$4.22B
| $524M | 0.09% |
5,032,699
-703,648
| -12% | -$88.1M |
|
211
TSMC
TSM
$2.23T
| $524M | 0.09% |
7,436,901
+185,327
| +3% | +$15.3M |
|
212
Verisk Analytics
VRSK
$23.5B
| $520M | 0.09% |
3,048,060
-2,615,624
| -46% | -$489M |
|
213
RPM International
RPM
$14.7B
| $518M | 0.08% |
6,212,421
-5,806,798
| -48% | -$516M |
|
214
RenaissanceRe
RNR
$13.2B
| $518M | 0.08% |
3,687,321
+352,164
| +11% | +$48.9M |
|
215
Expedia Group
EXPE
$39.1B
| $515M | 0.08% |
5,500,813
-1,692,126
| -24% | -$173M |
|
216
FirstEnergy
FE
$27.2B
| $513M | 0.08% |
13,877,738
+2,315,790
| +20% | +$91.5M |
|
217
Crown Castle
CCI
$31.5B
| $513M | 0.08% |
3,550,755
-26,463
| -0.7% | -$4.53M |
|
218
NXP Semiconductors
NXPI
$58.9B
| $513M | 0.08% |
3,450,517
-7,903,017
| -70% | -$1.32B |
|
219
Boeing
BA
$183B
| $513M | 0.08% |
4,236,021
-269,431
| -6% | -$41.3M |
|
220
Verizon
VZ
$195B
| $513M | 0.08% |
13,504,651
-712,865
| -5% | -$31.7M |
|
221
DTE Energy
DTE
$28.9B
| $510M | 0.08% |
4,431,298
+605,522
| +16% | +$78.2M |
|
222
Citigroup
C
$231B
| $508M | 0.08% |
12,193,487
-4,371,608
| -26% | -$216M |
|
223
CrowdStrike
CRWD
$226B
| $507M | 0.08% |
12,315,360
-6,254,504
| -34% | -$286M |
|
224
Xcel Energy
XEL
$49.1B
| $502M | 0.08% |
7,836,487
-8,168,696
| -51% | -$595M |
|
|
SWAV
225
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $500M | 0.08% |
1,797,021
-1,417,657
| -44% | -$361M |
|
Similar funds
T. Rowe Price Associates's Q3 2022 Portfolio in Review
As of Q3 2022, T. Rowe Price Associates held 3,114 positions worth $610B, down 23% from $791B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
T. Rowe Price Associates withdrew a net $168B in Q3 2022, closing 171 positions and reducing 1,248 holdings. Its most notable exit was Alcon, an estimated $1.51B position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 27% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, T. Rowe Price Associates opened a new position in Corebridge Financial worth $194M.
- T. Rowe Price Associates's largest Q3 2022 buy was Corebridge Financial: 9,831,688 shares worth $194M.
- T. Rowe Price Associates added most to ExxonMobil in Q3 2022, an estimated $1.76B increase.
- T. Rowe Price Associates's biggest Q3 2022 reduction was Microsoft, cutting an estimated $6.47B.
- T. Rowe Price Associates fully exited Alcon in Q3 2022, selling an estimated $1.51B.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $610B portfolio in Q3 2022.
- T. Rowe Price Associates opened 154 new positions and closed 171 in Q3 2022.
- T. Rowe Price Associates's portfolio value fell 23% quarter-over-quarter to $610B.
Based on T. Rowe Price Associates's 13F filing for Q3 2022, filed 14 Nov 2022.