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 |
Fortinet
FTNT
|
+$2.03B |
| 2 |
Rockwell Automation
ROK
|
+$1.44B |
| 3 |
Autodesk
ADSK
|
+$1.15B |
| 4 |
Citigroup
C
|
+$975M |
| 5 |
ConocoPhillips
COP
|
+$967M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.59B |
| 2 |
GE Aerospace
GE
|
+$1.78B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$1.38B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.08B |
| 5 |
Philip Morris
PM
|
+$1.06B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.21% |
| 2 | Healthcare | 15.42% |
| 3 | Financials | 10.99% |
| 4 | Consumer Discretionary | 10.39% |
| 5 | Communication Services | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Weatherford International
WFRD
$6.65B
| $740M | 0.09% |
6,409,020
+182,120
| +3% | +$18.5M |
|
202
US Bancorp
USB
$101B
| $739M | 0.09% |
16,542,328
-3,727,985
| -18% | -$157M |
|
203
Keurig Dr Pepper
KDP
$40.2B
| $725M | 0.09% |
23,654,577
+12,259,471
| +108% | +$377M |
|
204
Apollo Global Management
APO
$81.9B
| $720M | 0.09% |
6,402,063
-845,439
| -12% | -$89.2M |
|
205
Procore
PCOR
$8.81B
| $716M | 0.09% |
8,716,881
-348,023
| -4% | -$25.8M |
|
206
monday.com
MNDY
$3.63B
| $715M | 0.09% |
3,164,566
+31,304
| +1% | +$6.65M |
|
207
Baxter International
BAX
$13.9B
| $713M | 0.09% |
16,675,915
+277,326
| +2% | +$11.3M |
|
208
ESAB
ESAB
$5.35B
| $710M | 0.09% |
6,424,115
+653,377
| +11% | +$61M |
|
209
Huntington Bancshares
HBAN
$36.1B
| $708M | 0.09% |
50,733,974
-3,260,611
| -6% | -$42.2M |
|
210
Conagra Brands
CAG
$7.16B
| $700M | 0.09% |
23,627,860
-937,222
| -4% | -$26.8M |
|
211
Pfizer
PFE
$150B
| $698M | 0.09% |
25,139,969
-5,404,088
| -18% | -$150M |
|
212
Descartes Systems
DSGX
$6.65B
| $696M | 0.09% |
7,602,572
+278,796
| +4% | +$24.5M |
|
213
Simon Property Group
SPG
$71.4B
| $694M | 0.09% |
4,432,404
-88,877
| -2% | -$13M |
|
214
Cisco
CSCO
$488B
| $692M | 0.08% |
13,858,505
+2,906,357
| +27% | +$145M |
|
215
Viatris
VTRS
$18.5B
| $691M | 0.08% |
57,884,431
+8,418,678
| +17% | +$101M |
|
216
Five Below
FIVE
$13.2B
| $689M | 0.08% |
3,799,561
+38,419
| +1% | +$7.4M |
|
217
TotalEnergies
TTE
$194B
| $688M | 0.08% |
9,996,742
-670,702
| -6% | -$44M |
|
218
Southwest Airlines
LUV
$22B
| $685M | 0.08% |
23,464,172
-523,503
| -2% | -$16.2M |
|
219
Suncor Energy
SU
$74.7B
| $684M | 0.08% |
18,529,253
+1,031,542
| +6% | +$34.7M |
|
220
Pinterest
PINS
$13B
| $682M | 0.08% |
19,663,225
-4,047,759
| -17% | -$147M |
|
221
Bristol-Myers Squibb
BMY
$130B
| $680M | 0.08% |
12,547,823
+5,461,767
| +77% | +$278M |
|
222
Corebridge Financial
CRBG
$15.1B
| $680M | 0.08% |
23,655,301
-4,034,424
| -15% | -$99.6M |
|
223
Penumbra
PEN
$12.9B
| $675M | 0.08% |
3,025,823
-78,767
| -3% | -$19.5M |
|
224
IBM
IBM
$222B
| $671M | 0.08% |
3,515,666
+2,118,165
| +152% | +$386M |
|
225
AutoZone
AZO
$49.7B
| $670M | 0.08% |
212,512
-116,448
| -35% | -$333M |
|
Similar funds
T. Rowe Price Associates's Q1 2024 Portfolio in Review
As of Q1 2024, T. Rowe Price Associates held 3,021 positions worth $816B, up 9.6% from $744B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q1 2024 filing shows 108 new, 1,941 increased, 738 reduced and 64 closed positions. Its largest new stake was GE Vernova: 2,687,194 shares worth $367M. The largest sale was NVIDIA, an estimated $2.59B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q1 2024 buy was GE Vernova: 2,687,194 shares worth $367M.
- T. Rowe Price Associates added most to Fortinet in Q1 2024, an estimated $2.03B increase.
- T. Rowe Price Associates's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $2.59B.
- T. Rowe Price Associates fully exited Karuna Therapeutics, Inc. Common Stock in Q1 2024, selling an estimated $621M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $816B portfolio in Q1 2024.
- T. Rowe Price Associates opened 108 new positions and closed 64 in Q1 2024.
- T. Rowe Price Associates's portfolio value rose 9.6% quarter-over-quarter to $816B.
Based on T. Rowe Price Associates's 13F filing for Q1 2024, filed 15 May 2024.