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 |
Microsoft
MSFT
|
+$2B |
| 2 |
Sea Limited
SE
|
+$1.34B |
| 3 |
Morgan Stanley
MS
|
+$1.23B |
| 4 |
Incyte
INCY
|
+$1.05B |
| 5 |
Ross Stores
ROST
|
+$968M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$2.05B |
| 2 |
VMW
VMware, Inc
VMW
|
+$1.5B |
| 3 |
Visa
V
|
+$1.16B |
| 4 |
JPMorgan Chase
JPM
|
+$1.13B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.12B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.01% |
| 2 | Healthcare | 17.6% |
| 3 | Consumer Discretionary | 14.37% |
| 4 | Financials | 11.89% |
| 5 | Communication Services | 10.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.94T
| $43.5B | 5.47% |
315,464,820
+3,347,540
| +1% | +$404M |
|
|
2
Microsoft
MSFT
$3.71T
| $37.3B | 4.69% |
183,090,016
+11,033,615
| +6% | +$2B |
|
|
3
Meta Platforms (Facebook)
META
$1.5T
| $23.5B | 2.96% |
103,460,097
-5,359,812
| -5% | -$1.12B |
|
4
Apple
AAPL
$4.56T
| $21.3B | 2.67% |
233,087,540
+8,272,492
| +4% | +$641M |
|
5
Alphabet (Google) Class C
GOOG
$4.36T
| $17.5B | 2.2% |
247,166,220
-3,234,940
| -1% | -$218M |
|
6
Alibaba
BABA
$304B
| $14.6B | 1.83% |
67,595,622
+3,282,383
| +5% | +$684M |
|
|
7
Visa
V
$692B
| $14.2B | 1.78% |
73,400,856
-6,351,846
| -8% | -$1.16B |
|
8
UnitedHealth
UNH
$367B
| $10.2B | 1.29% |
34,657,851
+1,028,280
| +3% | +$295M |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.38T
| $10.1B | 1.27% |
142,485,640
+794,360
| +0.6% | +$53.6M |
|
10
Netflix
NFLX
$307B
| $9.39B | 1.18% |
206,263,460
+1,125,600
| +0.5% | +$47.9M |
|
11
Mastercard
MA
$505B
| $8.48B | 1.07% |
28,691,312
-295,888
| -1% | -$83.4M |
|
12
Salesforce
CRM
$153B
| $8.48B | 1.07% |
45,270,732
+509,270
| +1% | +$85.8M |
|
13
Global Payments
GPN
$24B
| $7.72B | 0.97% |
45,485,538
+2,229,469
| +5% | +$371M |
|
14
PayPal
PYPL
$51.1B
| $7.64B | 0.96% |
43,829,249
+2,553,334
| +6% | +$353M |
|
15
Danaher
DHR
$141B
| $6.64B | 0.84% |
42,358,955
-2,351,457
| -5% | -$337M |
|
16
ServiceNow
NOW
$121B
| $6.59B | 0.83% |
81,317,090
-523,670
| -0.6% | -$37M |
|
17
Intuit
INTU
$88.1B
| $6.51B | 0.82% |
21,995,327
-288,599
| -1% | -$79.2M |
|
18
Vertex Pharmaceuticals
VRTX
$123B
| $6.15B | 0.77% |
21,198,502
-425,404
| -2% | -$115M |
|
19
Intuitive Surgical
ISRG
$132B
| $5.93B | 0.75% |
31,239,546
+452,526
| +1% | +$81.1M |
|
20
Cigna
CI
$72.7B
| $5.85B | 0.74% |
31,172,975
+1,767,040
| +6% | +$335M |
|
|
FISV
21
Fiserv Inc
FISV
$28.9B
| $5.61B | 0.71% |
57,445,794
-5,082,549
| -8% | -$512M |
|
22
Fidelity National Information Services
FIS
$22.1B
| $5.54B | 0.7% |
41,286,228
+939,569
| +2% | +$123M |
|
23
GE Aerospace
GE
$389B
| $5.31B | 0.67% |
155,890,476
+10,105,740
| +7% | +$341M |
|
24
Thermo Fisher Scientific
TMO
$214B
| $5.29B | 0.67% |
14,603,221
-1,876,897
| -11% | -$629M |
|
25
Becton Dickinson
BDX
$48.8B
| $5.28B | 0.66% |
22,610,614
+120,542
| +0.5% | +$29.1M |
|
Similar funds
T. Rowe Price Associates's Q2 2020 Portfolio in Review
As of Q2 2020, T. Rowe Price Associates held 2,591 positions worth $795B, up 26% from $632B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
T. Rowe Price Associates's Q2 2020 filing shows 79 new, 1,096 increased, 1,255 reduced and 100 closed positions. Its largest new stake was Vroom Inc: 200,362 shares worth $797M. The largest sale was Boeing, an estimated $2.05B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Associates's largest Q2 2020 buy was Vroom Inc: 200,362 shares worth $797M.
- T. Rowe Price Associates added most to Microsoft in Q2 2020, an estimated $2B increase.
- T. Rowe Price Associates's biggest Q2 2020 reduction was Boeing, cutting an estimated $2.05B.
- T. Rowe Price Associates fully exited Raytheon Company in Q2 2020, selling an estimated $1.01B.
- T. Rowe Price Associates's ten largest holdings make up 25% of its $795B portfolio in Q2 2020.
- T. Rowe Price Associates opened 79 new positions and closed 100 in Q2 2020.
- T. Rowe Price Associates's portfolio value rose 26% quarter-over-quarter to $795B.
Based on T. Rowe Price Associates's 13F filing for Q2 2020, filed 14 Aug 2020.