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 |
SLB Ltd
SLB
|
+$2.48B |
| 2 |
Kenvue
KVUE
|
+$1.5B |
| 3 |
Halliburton
HAL
|
+$1.12B |
| 4 |
Boeing
BA
|
+$950M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$920M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.64B |
| 2 |
Apple
AAPL
|
+$1.9B |
| 3 |
Advanced Micro Devices
AMD
|
+$1.66B |
| 4 |
Johnson & Johnson
JNJ
|
+$1.56B |
| 5 |
Amazon
AMZN
|
+$1.17B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.76% |
| 2 | Healthcare | 16.83% |
| 3 | Financials | 10.91% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Communication Services | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.71T
| $48B | 7.03% |
151,921,031
-7,983,188
| -5% | -$2.64B |
|
|
2
Apple
AAPL
$4.57T
| $37B | 5.43% |
216,307,878
-10,343,065
| -5% | -$1.9B |
|
|
3
Amazon
AMZN
$2.96T
| $26.4B | 3.87% |
207,780,299
-8,747,084
| -4% | -$1.17B |
|
4
NVIDIA
NVDA
$5.42T
| $23.2B | 3.4% |
532,629,750
-14,606,060
| -3% | -$654M |
|
5
Alphabet (Google) Class A
GOOGL
$4.33T
| $14.9B | 2.18% |
113,724,357
+979,267
| +0.9% | +$127M |
|
6
Meta Platforms (Facebook)
META
$1.51T
| $14.6B | 2.14% |
48,579,042
-3,738,341
| -7% | -$1.13B |
|
|
7
Alphabet (Google) Class C
GOOG
$4.32T
| $14.2B | 2.09% |
108,036,557
-4,811,272
| -4% | -$626M |
|
8
UnitedHealth
UNH
$370B
| $13.5B | 1.98% |
26,758,148
-1,183,324
| -4% | -$582M |
|
9
Eli Lilly
LLY
$1.06T
| $11.9B | 1.75% |
22,235,992
-1,924,967
| -8% | -$992M |
|
10
Visa
V
$677B
| $10.6B | 1.56% |
46,169,322
-857,946
| -2% | -$206M |
|
11
Mastercard
MA
$493B
| $8.89B | 1.3% |
22,465,995
-1,676,687
| -7% | -$673M |
|
12
Tesla
TSLA
$1.3T
| $6.66B | 0.98% |
26,599,147
-1,385,014
| -5% | -$356M |
|
13
Intuit
INTU
$89B
| $5.91B | 0.87% |
11,575,854
-2,232,605
| -16% | -$1.13B |
|
14
Chubb
CB
$135B
| $5.75B | 0.84% |
27,641,399
-291,885
| -1% | -$59M |
|
|
FISV
15
Fiserv Inc
FISV
$27.9B
| $5.48B | 0.8% |
48,538,787
-5,111,941
| -10% | -$630M |
|
16
T-Mobile US
TMUS
$190B
| $5.35B | 0.78% |
38,174,254
+978,872
| +3% | +$136M |
|
17
Elevance Health
ELV
$85.5B
| $5.24B | 0.77% |
12,031,373
-70,184
| -0.6% | -$31.8M |
|
18
Thermo Fisher Scientific
TMO
$220B
| $5.13B | 0.75% |
10,138,105
+1,018,758
| +11% | +$543M |
|
19
ServiceNow
NOW
$129B
| $5B | 0.73% |
44,688,255
-6,623,080
| -13% | -$756M |
|
20
Intuitive Surgical
ISRG
$134B
| $4.88B | 0.72% |
16,700,525
-2,321,570
| -12% | -$725M |
|
21
ExxonMobil
XOM
$634B
| $4.78B | 0.7% |
40,664,761
-5,833,659
| -13% | -$640M |
|
22
Netflix
NFLX
$309B
| $4.66B | 0.68% |
123,309,490
-470,610
| -0.4% | -$20M |
|
23
JPMorgan Chase
JPM
$950B
| $4.54B | 0.67% |
31,319,288
-1,809,547
| -5% | -$271M |
|
24
GE Aerospace
GE
$384B
| $4.15B | 0.61% |
47,055,574
-5,186,226
| -10% | -$466M |
|
25
Linde
LIN
$226B
| $3.97B | 0.58% |
10,655,602
+1,591,360
| +18% | +$606M |
|
Similar funds
T. Rowe Price Associates's Q3 2023 Portfolio in Review
As of Q3 2023, T. Rowe Price Associates held 2,959 positions worth $682B, down 4.9% from $718B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Trading was light in Q3 2023: portfolio turnover was 4.7%. T. Rowe Price Associates opened 69 new positions and exited 71, leaving the 2,959-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 32% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q3 2023 buy was Maplebear: 6,435,942 shares worth $191M.
- T. Rowe Price Associates added most to SLB Ltd in Q3 2023, an estimated $2.48B increase.
- T. Rowe Price Associates's biggest Q3 2023 reduction was Microsoft, cutting an estimated $2.64B.
- T. Rowe Price Associates fully exited Life Storage, Inc. in Q3 2023, selling an estimated $285M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $682B portfolio in Q3 2023.
- T. Rowe Price Associates opened 69 new positions and closed 71 in Q3 2023.
- T. Rowe Price Associates's portfolio value fell 4.9% quarter-over-quarter to $682B.
Based on T. Rowe Price Associates's 13F filing for Q3 2023, filed 14 Nov 2023.