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 |
Dollar General
DG
|
+$1.37B |
| 2 |
Intel
INTC
|
+$1.28B |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$1B |
| 4 |
Nike
NKE
|
+$859M |
| 5 |
Uber
UBER
|
+$825M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.67B |
| 2 |
Amazon
AMZN
|
+$2.15B |
| 3 |
NVIDIA
NVDA
|
+$1.64B |
| 4 |
Humana
HUM
|
+$1.57B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.33B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.09% |
| 2 | Healthcare | 15.81% |
| 3 | Financials | 11.13% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Communication Services | 8.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.71T
| $54.3B | 7.3% |
144,407,495
-7,513,536
| -5% | -$2.67B |
|
2
Apple
AAPL
$4.57T
| $40.6B | 5.45% |
210,827,097
-5,480,781
| -3% | -$1.01B |
|
|
3
Amazon
AMZN
$2.96T
| $29.2B | 3.93% |
192,439,727
-15,340,572
| -7% | -$2.15B |
|
|
4
NVIDIA
NVDA
$5.42T
| $24.6B | 3.31% |
497,192,470
-35,437,280
| -7% | -$1.64B |
|
5
Meta Platforms (Facebook)
META
$1.51T
| $16.1B | 2.17% |
45,531,821
-3,047,221
| -6% | -$992M |
|
|
6
Alphabet (Google) Class A
GOOGL
$4.33T
| $14.9B | 2% |
106,409,398
-7,314,959
| -6% | -$983M |
|
|
7
Alphabet (Google) Class C
GOOG
$4.32T
| $13.8B | 1.86% |
98,251,091
-9,785,466
| -9% | -$1.33B |
|
8
UnitedHealth
UNH
$370B
| $13.7B | 1.84% |
25,968,287
-789,861
| -3% | -$421M |
|
9
Eli Lilly
LLY
$1.06T
| $12.7B | 1.71% |
21,826,575
-409,417
| -2% | -$239M |
|
10
Visa
V
$677B
| $11.7B | 1.58% |
45,033,250
-1,136,072
| -2% | -$280M |
|
11
Mastercard
MA
$493B
| $8.85B | 1.19% |
20,741,052
-1,724,943
| -8% | -$693M |
|
12
Tesla
TSLA
$1.3T
| $6.5B | 0.87% |
26,153,172
-445,975
| -2% | -$106M |
|
13
Intuit
INTU
$89B
| $6.16B | 0.83% |
9,848,820
-1,727,034
| -15% | -$953M |
|
14
ServiceNow
NOW
$129B
| $5.99B | 0.8% |
42,394,285
-2,293,970
| -5% | -$289M |
|
|
FISV
15
Fiserv Inc
FISV
$27.9B
| $5.89B | 0.79% |
44,303,503
-4,235,284
| -9% | -$520M |
|
16
Netflix
NFLX
$309B
| $5.76B | 0.77% |
118,251,210
-5,058,280
| -4% | -$221M |
|
17
Intuitive Surgical
ISRG
$134B
| $5.73B | 0.77% |
16,973,266
+272,741
| +2% | +$81.3M |
|
18
Elevance Health
ELV
$85.5B
| $5.62B | 0.76% |
11,923,593
-107,780
| -0.9% | -$49.8M |
|
19
JPMorgan Chase
JPM
$950B
| $5.46B | 0.73% |
32,103,099
+783,811
| +3% | +$119M |
|
20
T-Mobile US
TMUS
$190B
| $5.3B | 0.71% |
33,046,358
-5,127,896
| -13% | -$759M |
|
21
Thermo Fisher Scientific
TMO
$220B
| $5.25B | 0.71% |
9,897,946
-240,159
| -2% | -$116M |
|
22
Chubb
CB
$135B
| $4.89B | 0.66% |
21,643,825
-5,997,574
| -22% | -$1.31B |
|
|
SCHW
23
Charles Schwab
SCHW
$187B
| $4.77B | 0.64% |
69,360,233
+17,369,091
| +33% | +$1B |
|
24
Linde
LIN
$226B
| $4.43B | 0.6% |
10,796,924
+141,322
| +1% | +$55.7M |
|
25
ExxonMobil
XOM
$634B
| $4.25B | 0.57% |
42,485,131
+1,820,370
| +4% | +$191M |
|
Similar funds
T. Rowe Price Associates's Q4 2023 Portfolio in Review
As of Q4 2023, T. Rowe Price Associates held 2,974 positions worth $744B, up 9.1% from $682B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
T. Rowe Price Associates's Q4 2023 filing shows 92 new, 1,834 increased, 805 reduced and 67 closed positions. Its largest new stake was Canadian Natural Resources: 6,473,658 shares worth $212M. The largest sale was Microsoft, an estimated $2.67B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 30% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q4 2023 buy was Canadian Natural Resources: 6,473,658 shares worth $212M.
- T. Rowe Price Associates added most to Dollar General in Q4 2023, an estimated $1.37B increase.
- T. Rowe Price Associates's biggest Q4 2023 reduction was Microsoft, cutting an estimated $2.67B.
- T. Rowe Price Associates fully exited Activision Blizzard in Q4 2023, selling an estimated $293M.
- T. Rowe Price Associates's ten largest holdings make up 31% of its $744B portfolio in Q4 2023.
- T. Rowe Price Associates opened 92 new positions and closed 67 in Q4 2023.
- T. Rowe Price Associates's portfolio value rose 9.1% quarter-over-quarter to $744B.
Based on T. Rowe Price Associates's 13F filing for Q4 2023, filed 14 Feb 2024.