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 | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.71T
| $40.1B | 6.57% |
171,346,779
-24,513,040
| -13% | -$6.47B |
|
|
2
Amazon
AMZN
$2.96T
| $32B | 5.24% |
282,601,501
-29,369,893
| -9% | -$3.71B |
|
3
Apple
AAPL
$4.57T
| $31.2B | 5.11% |
224,863,541
-13,047,242
| -5% | -$2.05B |
|
4
Alphabet (Google) Class C
GOOG
$4.32T
| $19.6B | 3.22% |
203,484,912
-14,072,428
| -6% | -$1.57B |
|
5
UnitedHealth
UNH
$370B
| $16.6B | 2.71% |
32,677,433
-4,175,961
| -11% | -$2.2B |
|
|
6
Tesla
TSLA
$1.3T
| $12.5B | 2.05% |
46,956,884
+4,257,626
| +10% | +$1.19B |
|
|
7
Alphabet (Google) Class A
GOOGL
$4.33T
| $11.1B | 1.82% |
116,116,066
-8,794,754
| -7% | -$975M |
|
8
Visa
V
$677B
| $8.71B | 1.43% |
48,883,861
-2,377,960
| -5% | -$484M |
|
|
9
Eli Lilly
LLY
$1.06T
| $8.05B | 1.32% |
24,839,322
+4,412,664
| +22% | +$1.4B |
|
10
Mastercard
MA
$493B
| $7.06B | 1.16% |
24,779,898
-2,129,110
| -8% | -$706M |
|
11
Intuit
INTU
$89B
| $6.43B | 1.05% |
16,540,647
-1,208,918
| -7% | -$522M |
|
12
Meta Platforms (Facebook)
META
$1.51T
| $6.39B | 1.05% |
46,950,755
-4,683,920
| -9% | -$759M |
|
13
NVIDIA
NVDA
$5.42T
| $6.32B | 1.03% |
519,133,030
-50,165,160
| -9% | -$793M |
|
14
ServiceNow
NOW
$129B
| $5.34B | 0.88% |
70,539,645
+450,255
| +0.6% | +$40.5M |
|
15
Danaher
DHR
$144B
| $5.33B | 0.87% |
23,188,885
-6,639,213
| -22% | -$1.63B |
|
16
Elevance Health
ELV
$85.5B
| $4.88B | 0.8% |
10,745,891
+1,290,134
| +14% | +$617M |
|
17
Becton Dickinson
BDX
$48.2B
| $4.64B | 0.76% |
20,842,789
-5,971,622
| -22% | -$1.49B |
|
18
Rivian
RIVN
$23.2B
| $4.63B | 0.76% |
140,632,372
-932,366
| -0.7% | -$31.8M |
|
19
Intuitive Surgical
ISRG
$134B
| $4.61B | 0.75% |
24,527,030
-1,165,705
| -5% | -$250M |
|
20
Thermo Fisher Scientific
TMO
$220B
| $4.55B | 0.75% |
8,962,313
-3,784,504
| -30% | -$2.12B |
|
|
FISV
21
Fiserv Inc
FISV
$27.9B
| $4.52B | 0.74% |
48,306,383
+1,406,050
| +3% | +$143M |
|
|
22
Salesforce
CRM
$158B
| $4.37B | 0.72% |
30,387,162
-16,319,876
| -35% | -$2.77B |
|
23
Southern Company
SO
$107B
| $4.28B | 0.7% |
63,002,360
+3,653,841
| +6% | +$277M |
|
|
24
Wells Fargo
WFC
$264B
| $4.25B | 0.7% |
105,621,983
+18,252,701
| +21% | +$784M |
|
25
Chubb
CB
$135B
| $4.19B | 0.69% |
23,017,528
-418,691
| -2% | -$79.5M |
|
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.