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 |
Tesla
TSLA
|
+$1.58B |
| 2 |
T-Mobile US
TMUS
|
+$1.53B |
| 3 |
Morgan Stanley
MS
|
+$1.15B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.15B |
| 5 |
Apple
AAPL
|
+$1.14B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$2.94B |
| 2 |
Amazon
AMZN
|
+$2.82B |
| 3 |
GE Aerospace
GE
|
+$1.93B |
| 4 |
Goldman Sachs
GS
|
+$1.88B |
| 5 |
ServiceNow
NOW
|
+$1.28B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.25% |
| 2 | Healthcare | 17.75% |
| 3 | Financials | 11.32% |
| 4 | Consumer Discretionary | 11.17% |
| 5 | Communication Services | 8.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.71T
| $47.9B | 7.17% |
166,035,734
-2,611,642
| -2% | -$666M |
|
|
2
Apple
AAPL
$4.57T
| $38.6B | 5.78% |
234,017,381
+7,736,013
| +3% | +$1.14B |
|
|
3
Amazon
AMZN
$2.96T
| $19.6B | 2.93% |
189,282,045
-29,232,044
| -13% | -$2.82B |
|
4
NVIDIA
NVDA
$5.42T
| $15.7B | 2.35% |
564,638,350
-4,931,530
| -0.9% | -$107M |
|
5
UnitedHealth
UNH
$370B
| $14.9B | 2.24% |
31,591,890
-362,145
| -1% | -$175M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.32T
| $12.6B | 1.89% |
121,631,227
-30,399,041
| -20% | -$2.94B |
|
7
Visa
V
$677B
| $11.3B | 1.7% |
50,290,193
-809,943
| -2% | -$180M |
|
|
8
Alphabet (Google) Class A
GOOGL
$4.33T
| $11.1B | 1.67% |
107,419,352
-6,360,355
| -6% | -$610M |
|
9
Mastercard
MA
$493B
| $9.55B | 1.43% |
26,273,470
-753,719
| -3% | -$274M |
|
|
10
Meta Platforms (Facebook)
META
$1.51T
| $8.86B | 1.33% |
41,803,774
+6,735,038
| +19% | +$1.15B |
|
11
Eli Lilly
LLY
$1.06T
| $7.8B | 1.17% |
22,722,734
+53,744
| +0.2% | +$18.1M |
|
12
Intuit
INTU
$89B
| $6.73B | 1.01% |
15,101,495
-1,559,495
| -9% | -$640M |
|
|
FISV
13
Fiserv Inc
FISV
$27.9B
| $6.2B | 0.93% |
54,871,993
+1,639,245
| +3% | +$180M |
|
14
Elevance Health
ELV
$85.5B
| $6.1B | 0.91% |
13,277,170
+551,614
| +4% | +$263M |
|
15
Chubb
CB
$135B
| $5.6B | 0.84% |
28,821,856
+4,210,564
| +17% | +$885M |
|
|
16
ServiceNow
NOW
$129B
| $5.53B | 0.83% |
59,465,285
-14,711,830
| -20% | -$1.28B |
|
17
ASML
ASML
$669B
| $5.51B | 0.82% |
8,087,824
-999,230
| -11% | -$642M |
|
|
18
Tesla
TSLA
$1.3T
| $5.44B | 0.81% |
26,224,189
+9,034,938
| +53% | +$1.58B |
|
19
Advanced Micro Devices
AMD
$789B
| $5.41B | 0.81% |
55,227,632
+4,354,626
| +9% | +$354M |
|
20
ExxonMobil
XOM
$634B
| $5.22B | 0.78% |
47,592,122
+6,580,247
| +16% | +$728M |
|
21
Intuitive Surgical
ISRG
$134B
| $5.22B | 0.78% |
20,424,267
-451,175
| -2% | -$111M |
|
22
Thermo Fisher Scientific
TMO
$220B
| $4.95B | 0.74% |
8,586,632
-537,025
| -6% | -$303M |
|
|
23
T-Mobile US
TMUS
$190B
| $4.74B | 0.71% |
32,746,412
+10,564,117
| +48% | +$1.53B |
|
|
24
GE Aerospace
GE
$384B
| $4.46B | 0.67% |
58,472,368
-28,845,463
| -33% | -$1.93B |
|
25
Ross Stores
ROST
$81.9B
| $4.36B | 0.65% |
41,115,463
-5,742,502
| -12% | -$645M |
|
Similar funds
T. Rowe Price Associates's Q1 2023 Portfolio in Review
As of Q1 2023, T. Rowe Price Associates held 3,020 positions worth $668B, up 7.5% from $622B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
T. Rowe Price Associates's Q1 2023 filing shows 65 new, 1,711 increased, 924 reduced and 98 closed positions. Its largest new stake was Suncor Energy: 6,437,236 shares worth $200M. The largest sale was Alphabet (Google) Class C, an estimated $2.94B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q1 2023 buy was Suncor Energy: 6,437,236 shares worth $200M.
- T. Rowe Price Associates added most to Tesla in Q1 2023, an estimated $1.58B increase.
- T. Rowe Price Associates's biggest Q1 2023 reduction was Alphabet (Google) Class C, cutting an estimated $2.94B.
- T. Rowe Price Associates fully exited Signature Bank in Q1 2023, selling an estimated $360M.
- T. Rowe Price Associates's ten largest holdings make up 28% of its $668B portfolio in Q1 2023.
- T. Rowe Price Associates opened 65 new positions and closed 98 in Q1 2023.
- T. Rowe Price Associates's portfolio value rose 7.5% quarter-over-quarter to $668B.
Based on T. Rowe Price Associates's 13F filing for Q1 2023, filed 15 May 2023.