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 |
Amazon
AMZN
|
+$3.11B |
| 2 |
Meta Platforms (Facebook)
META
|
+$2.59B |
| 3 |
EQT Corp
EQT
|
+$1.31B |
| 4 |
Colgate-Palmolive
CL
|
+$1.08B |
| 5 |
Adobe
ADBE
|
+$1.06B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.92B |
| 2 |
UnitedHealth
UNH
|
+$1.78B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.55B |
| 4 |
Ross Stores
ROST
|
+$1.54B |
| 5 |
ASML
ASML
|
+$1.49B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.61% |
| 2 | Healthcare | 16.91% |
| 3 | Consumer Discretionary | 11.05% |
| 4 | Financials | 10.6% |
| 5 | Communication Services | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.65T
| $54.5B | 7.59% |
159,904,219
-6,131,515
| -4% | -$1.92B |
|
2
Apple
AAPL
$4.52T
| $44B | 6.13% |
226,650,943
-7,366,438
| -3% | -$1.28B |
|
|
3
Amazon
AMZN
$2.97T
| $28.2B | 3.93% |
216,527,383
+27,245,338
| +14% | +$3.11B |
|
4
NVIDIA
NVDA
$5.3T
| $23.1B | 3.23% |
547,235,810
-17,402,540
| -3% | -$578M |
|
|
5
Meta Platforms (Facebook)
META
$1.5T
| $15B | 2.09% |
52,317,383
+10,513,609
| +25% | +$2.59B |
|
6
Alphabet (Google) Class C
GOOG
$4.61T
| $13.7B | 1.9% |
112,847,829
-8,783,398
| -7% | -$1.02B |
|
|
7
Alphabet (Google) Class A
GOOGL
$4.64T
| $13.5B | 1.88% |
112,745,090
+5,325,738
| +5% | +$613M |
|
|
8
UnitedHealth
UNH
$373B
| $13.4B | 1.87% |
27,941,472
-3,650,418
| -12% | -$1.78B |
|
9
Eli Lilly
LLY
$1.02T
| $11.3B | 1.58% |
24,160,959
+1,438,225
| +6% | +$603M |
|
10
Visa
V
$686B
| $11.2B | 1.56% |
47,027,268
-3,262,925
| -6% | -$747M |
|
11
Mastercard
MA
$499B
| $9.5B | 1.32% |
24,142,682
-2,130,788
| -8% | -$800M |
|
12
Tesla
TSLA
$1.27T
| $7.33B | 1.02% |
27,984,161
+1,759,972
| +7% | +$352M |
|
|
FISV
13
Fiserv Inc
FISV
$29B
| $6.77B | 0.94% |
53,650,728
-1,221,265
| -2% | -$144M |
|
14
Intuitive Surgical
ISRG
$131B
| $6.5B | 0.91% |
19,022,095
-1,402,172
| -7% | -$424M |
|
15
Intuit
INTU
$88.4B
| $6.33B | 0.88% |
13,808,459
-1,293,036
| -9% | -$566M |
|
16
ServiceNow
NOW
$122B
| $5.77B | 0.8% |
51,311,335
-8,153,950
| -14% | -$815M |
|
17
Netflix
NFLX
$308B
| $5.45B | 0.76% |
123,780,100
+11,606,560
| +10% | +$428M |
|
18
Chubb
CB
$135B
| $5.38B | 0.75% |
27,933,284
-888,572
| -3% | -$174M |
|
19
Elevance Health
ELV
$84B
| $5.38B | 0.75% |
12,101,557
-1,175,613
| -9% | -$542M |
|
20
T-Mobile US
TMUS
$184B
| $5.17B | 0.72% |
37,195,382
+4,448,970
| +14% | +$624M |
|
21
ExxonMobil
XOM
$630B
| $4.99B | 0.69% |
46,498,420
-1,093,702
| -2% | -$119M |
|
22
JPMorgan Chase
JPM
$957B
| $4.82B | 0.67% |
33,128,835
+359,312
| +1% | +$49.4M |
|
23
Thermo Fisher Scientific
TMO
$212B
| $4.76B | 0.66% |
9,119,347
+532,715
| +6% | +$287M |
|
24
Johnson & Johnson
JNJ
$618B
| $4.62B | 0.64% |
27,915,535
+1,081,734
| +4% | +$175M |
|
|
25
Advanced Micro Devices
AMD
$785B
| $4.6B | 0.64% |
40,370,829
-14,856,803
| -27% | -$1.55B |
|
Similar funds
T. Rowe Price Associates's Q2 2023 Portfolio in Review
As of Q2 2023, T. Rowe Price Associates held 3,044 positions worth $718B, up 7.4% from $668B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q2 2023 filing shows 123 new, 1,636 increased, 968 reduced and 151 closed positions. Its largest new stake was Kenvue: 26,317,608 shares worth $695M. The largest sale was Microsoft, an estimated $1.92B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Associates's largest Q2 2023 buy was Kenvue: 26,317,608 shares worth $695M.
- T. Rowe Price Associates added most to Amazon in Q2 2023, an estimated $3.11B increase.
- T. Rowe Price Associates's biggest Q2 2023 reduction was Microsoft, cutting an estimated $1.92B.
- T. Rowe Price Associates fully exited Canadian Natural Resources in Q2 2023, selling an estimated $112M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $718B portfolio in Q2 2023.
- T. Rowe Price Associates opened 123 new positions and closed 151 in Q2 2023.
- T. Rowe Price Associates's portfolio value rose 7.4% quarter-over-quarter to $718B.
Based on T. Rowe Price Associates's 13F filing for Q2 2023, filed 14 Aug 2023.