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 |
JPMorgan Chase
JPM
|
+$1.6B |
| 2 |
Verizon
VZ
|
+$1.3B |
| 3 |
US Bancorp
USB
|
+$1.26B |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$1.26B |
| 5 |
Lam Research
LRCX
|
+$1.18B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$6.33B |
| 2 |
Tesla
TSLA
|
+$5.64B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$4.91B |
| 4 |
TMX
Terminix Global Holdings, Inc.
TMX
|
+$3.44B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.4B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.7% |
| 2 | Healthcare | 19.64% |
| 3 | Financials | 12.71% |
| 4 | Consumer Discretionary | 10.95% |
| 5 | Communication Services | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.71T
| $40.4B | 6.51% |
168,647,376
-2,699,403
| -2% | -$648M |
|
2
Apple
AAPL
$4.57T
| $29.4B | 4.73% |
226,281,368
+1,417,827
| +0.6% | +$203M |
|
|
3
Amazon
AMZN
$2.96T
| $18.4B | 2.95% |
218,514,089
-64,087,412
| -23% | -$6.33B |
|
4
UnitedHealth
UNH
$370B
| $16.9B | 2.73% |
31,954,035
-723,398
| -2% | -$383M |
|
|
5
Alphabet (Google) Class C
GOOG
$4.32T
| $13.5B | 2.17% |
152,030,268
-51,454,644
| -25% | -$4.91B |
|
6
Visa
V
$677B
| $10.6B | 1.71% |
51,100,136
+2,216,275
| +5% | +$447M |
|
|
7
Alphabet (Google) Class A
GOOGL
$4.33T
| $10B | 1.62% |
113,779,707
-2,336,359
| -2% | -$222M |
|
8
Mastercard
MA
$493B
| $9.4B | 1.51% |
27,027,189
+2,247,291
| +9% | +$740M |
|
9
NVIDIA
NVDA
$5.42T
| $8.32B | 1.34% |
569,569,880
+50,436,850
| +10% | +$740M |
|
10
Eli Lilly
LLY
$1.06T
| $8.29B | 1.33% |
22,668,990
-2,170,332
| -9% | -$770M |
|
11
Elevance Health
ELV
$85.5B
| $6.53B | 1.05% |
12,725,556
+1,979,665
| +18% | +$1.01B |
|
12
Intuit
INTU
$89B
| $6.48B | 1.04% |
16,660,990
+120,343
| +0.7% | +$47.7M |
|
13
ServiceNow
NOW
$129B
| $5.76B | 0.93% |
74,177,115
+3,637,470
| +5% | +$284M |
|
14
Intuitive Surgical
ISRG
$134B
| $5.54B | 0.89% |
20,875,442
-3,651,588
| -15% | -$890M |
|
15
Ross Stores
ROST
$81.9B
| $5.44B | 0.88% |
46,857,965
+48,000
| +0.1% | +$4.89M |
|
16
Chubb
CB
$135B
| $5.43B | 0.87% |
24,611,292
+1,593,764
| +7% | +$332M |
|
|
FISV
17
Fiserv Inc
FISV
$27.9B
| $5.38B | 0.87% |
53,232,748
+4,926,365
| +10% | +$491M |
|
18
Johnson & Johnson
JNJ
$625B
| $5.17B | 0.83% |
29,277,774
+3,849,148
| +15% | +$665M |
|
19
Thermo Fisher Scientific
TMO
$220B
| $5.02B | 0.81% |
9,123,657
+161,344
| +2% | +$85.5M |
|
20
ASML
ASML
$669B
| $4.97B | 0.8% |
9,087,054
+809,708
| +10% | +$424M |
|
21
Danaher
DHR
$144B
| $4.88B | 0.78% |
20,718,964
-2,469,921
| -11% | -$573M |
|
22
AstraZeneca
AZN
$250B
| $4.65B | 0.75% |
34,295,824
-3,396,684
| -9% | -$426M |
|
23
Becton Dickinson
BDX
$48.2B
| $4.62B | 0.74% |
18,175,558
-2,667,231
| -13% | -$630M |
|
24
Cigna
CI
$74.6B
| $4.52B | 0.73% |
13,656,608
-845,837
| -6% | -$268M |
|
25
ExxonMobil
XOM
$634B
| $4.52B | 0.73% |
41,011,875
+1,344,934
| +3% | +$144M |
|
Similar funds
T. Rowe Price Associates's Q4 2022 Portfolio in Review
As of Q4 2022, T. Rowe Price Associates held 3,066 positions worth $622B, up 1.8% from $610B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
T. Rowe Price Associates's Q4 2022 filing shows 113 new, 1,569 increased, 1,081 reduced and 107 closed positions. Its largest new stake was GE HealthCare: 6,360,001 shares worth $371M. The largest sale was Amazon, an estimated $6.33B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q4 2022 buy was GE HealthCare: 6,360,001 shares worth $371M.
- T. Rowe Price Associates added most to JPMorgan Chase in Q4 2022, an estimated $1.6B increase.
- T. Rowe Price Associates's biggest Q4 2022 reduction was Amazon, cutting an estimated $6.33B.
- T. Rowe Price Associates fully exited Terminix Global Holdings, Inc. in Q4 2022, selling an estimated $3.44B.
- T. Rowe Price Associates's ten largest holdings make up 27% of its $622B portfolio in Q4 2022.
- T. Rowe Price Associates opened 113 new positions and closed 107 in Q4 2022.
- T. Rowe Price Associates's portfolio value rose 1.8% quarter-over-quarter to $622B.
Based on T. Rowe Price Associates's 13F filing for Q4 2022, filed 14 Feb 2023.