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 | |
|---|---|---|---|---|---|---|
201
Procore
PCOR
$8.81B
| $693M | 0.1% |
10,613,365
+761,278
| +8% | +$50.9M |
|
202
Southwest Airlines
LUV
$22B
| $687M | 0.1% |
25,396,419
-289,038
| -1% | -$9.43M |
|
203
Tradeweb Markets
TW
$21.9B
| $687M | 0.1% |
8,565,012
+2,876,116
| +51% | +$229M |
|
204
Liberty Media Series C
FWONK
$26B
| $686M | 0.1% |
11,004,378
-2,003,583
| -15% | -$137M |
|
205
Broadridge
BR
$19.3B
| $685M | 0.1% |
3,826,013
-159,212
| -4% | -$28.2M |
|
206
Tyson Foods
TSN
$19.6B
| $685M | 0.1% |
13,560,553
+388,945
| +3% | +$20.7M |
|
207
United Parcel Service
UPS
$88.4B
| $675M | 0.1% |
4,332,580
-805,109
| -16% | -$139M |
|
208
Legend Biotech
LEGN
$3.99B
| $651M | 0.1% |
9,693,368
+662,044
| +7% | +$46M |
|
209
TSMC
TSM
$2.23T
| $649M | 0.1% |
7,473,675
-327,304
| -4% | -$31M |
|
210
Baxter International
BAX
$13.9B
| $648M | 0.09% |
17,159,292
+1,905,254
| +12% | +$81.2M |
|
211
Descartes Systems
DSGX
$6.65B
| $647M | 0.09% |
8,819,922
+548,291
| +7% | +$41.3M |
|
212
Ulta Beauty
ULTA
$22.9B
| $629M | 0.09% |
1,573,977
-146,618
| -9% | -$64.1M |
|
213
LPL Financial
LPLA
$29.7B
| $624M | 0.09% |
2,625,509
+2,085,719
| +386% | +$484M |
|
214
International Paper
IP
$21.8B
| $613M | 0.09% |
17,271,187
+247,735
| +1% | +$8.42M |
|
215
Cintas
CTAS
$81.4B
| $609M | 0.09% |
5,067,416
-197,736
| -4% | -$24.6M |
|
216
PNC Financial Services
PNC
$102B
| $606M | 0.09% |
4,932,329
-3,993,687
| -45% | -$503M |
|
217
Repligen
RGEN
$9.35B
| $605M | 0.09% |
3,801,842
+85,077
| +2% | +$13.9M |
|
218
Huntington Bancshares
HBAN
$36.1B
| $603M | 0.09% |
57,996,547
-5,107,393
| -8% | -$57.3M |
|
219
Welltower
WELL
$166B
| $597M | 0.09% |
7,282,141
+1,215,748
| +20% | +$100M |
|
220
Diamondback Energy
FANG
$56.2B
| $595M | 0.09% |
3,839,108
+3,498,720
| +1,028% | +$516M |
|
221
Corebridge Financial
CRBG
$15.1B
| $587M | 0.09% |
29,730,524
+1,586,698
| +6% | +$29.5M |
|
222
Kimberly-Clark
KMB
$36.2B
| $580M | 0.09% |
4,803,447
-1,336,520
| -22% | -$173M |
|
223
Suncor Energy
SU
$74.7B
| $570M | 0.08% |
16,586,853
+3,236,911
| +24% | +$104M |
|
224
PG&E
PCG
$38.3B
| $560M | 0.08% |
34,701,058
-6,469,547
| -16% | -$111M |
|
225
Sempra
SRE
$56.2B
| $529M | 0.08% |
7,777,919
-3,370,139
| -30% | -$243M |
|
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.