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 |
Fortinet
FTNT
|
+$2.03B |
| 2 |
Rockwell Automation
ROK
|
+$1.44B |
| 3 |
Autodesk
ADSK
|
+$1.15B |
| 4 |
Citigroup
C
|
+$975M |
| 5 |
ConocoPhillips
COP
|
+$967M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.59B |
| 2 |
GE Aerospace
GE
|
+$1.78B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$1.38B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.08B |
| 5 |
Philip Morris
PM
|
+$1.06B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.21% |
| 2 | Healthcare | 15.42% |
| 3 | Financials | 10.99% |
| 4 | Consumer Discretionary | 10.39% |
| 5 | Communication Services | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.71T
| $59.8B | 7.33% |
142,200,683
-2,206,812
| -2% | -$893M |
|
|
2
NVIDIA
NVDA
$5.42T
| $41.7B | 5.11% |
461,499,100
-35,693,370
| -7% | -$2.59B |
|
3
Apple
AAPL
$4.57T
| $35.5B | 4.35% |
206,971,786
-3,855,311
| -2% | -$701M |
|
4
Amazon
AMZN
$2.96T
| $34.2B | 4.19% |
189,705,475
-2,734,252
| -1% | -$456M |
|
|
5
Meta Platforms (Facebook)
META
$1.51T
| $20.9B | 2.57% |
43,117,972
-2,413,849
| -5% | -$1.08B |
|
6
Eli Lilly
LLY
$1.06T
| $16B | 1.97% |
20,613,061
-1,213,514
| -6% | -$864M |
|
|
7
Alphabet (Google) Class A
GOOGL
$4.33T
| $15B | 1.84% |
99,641,194
-6,768,204
| -6% | -$968M |
|
|
8
Alphabet (Google) Class C
GOOG
$4.32T
| $13.5B | 1.65% |
88,657,086
-9,594,005
| -10% | -$1.38B |
|
9
UnitedHealth
UNH
$370B
| $12.9B | 1.58% |
26,062,928
+94,641
| +0.4% | +$48.1M |
|
10
Visa
V
$677B
| $12.5B | 1.54% |
44,935,826
-97,424
| -0.2% | -$26.9M |
|
11
Mastercard
MA
$493B
| $9.9B | 1.21% |
20,557,587
-183,465
| -0.9% | -$83.9M |
|
|
FISV
12
Fiserv Inc
FISV
$27.9B
| $7.15B | 0.88% |
44,720,962
+417,459
| +0.9% | +$60.8M |
|
13
Netflix
NFLX
$309B
| $7.11B | 0.87% |
117,063,390
-1,187,820
| -1% | -$67M |
|
14
Intuitive Surgical
ISRG
$134B
| $6.6B | 0.81% |
16,530,249
-443,017
| -3% | -$167M |
|
15
ServiceNow
NOW
$129B
| $6.4B | 0.78% |
41,963,275
-431,010
| -1% | -$65.3M |
|
16
JPMorgan Chase
JPM
$950B
| $6.31B | 0.77% |
31,484,069
-619,030
| -2% | -$112M |
|
17
Elevance Health
ELV
$85.5B
| $6.08B | 0.74% |
11,720,260
-203,333
| -2% | -$101M |
|
18
Thermo Fisher Scientific
TMO
$220B
| $5.84B | 0.72% |
10,054,621
+156,675
| +2% | +$87.9M |
|
19
Intuit
INTU
$89B
| $5.61B | 0.69% |
8,628,931
-1,219,889
| -12% | -$779M |
|
20
ExxonMobil
XOM
$634B
| $5.25B | 0.64% |
45,161,783
+2,676,652
| +6% | +$280M |
|
|
SCHW
21
Charles Schwab
SCHW
$187B
| $5.23B | 0.64% |
72,306,560
+2,946,327
| +4% | +$194M |
|
22
Cigna
CI
$74.6B
| $5.21B | 0.64% |
14,341,233
+867,180
| +6% | +$285M |
|
23
T-Mobile US
TMUS
$190B
| $4.97B | 0.61% |
30,440,830
-2,605,528
| -8% | -$424M |
|
24
Chubb
CB
$135B
| $4.82B | 0.59% |
18,606,707
-3,037,118
| -14% | -$747M |
|
25
SLB Ltd
SLB
$75B
| $4.71B | 0.58% |
85,986,039
+10,606,191
| +14% | +$535M |
|
Similar funds
T. Rowe Price Associates's Q1 2024 Portfolio in Review
As of Q1 2024, T. Rowe Price Associates held 3,021 positions worth $816B, up 9.6% from $744B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q1 2024 filing shows 108 new, 1,941 increased, 738 reduced and 64 closed positions. Its largest new stake was GE Vernova: 2,687,194 shares worth $367M. The largest sale was NVIDIA, an estimated $2.59B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q1 2024 buy was GE Vernova: 2,687,194 shares worth $367M.
- T. Rowe Price Associates added most to Fortinet in Q1 2024, an estimated $2.03B increase.
- T. Rowe Price Associates's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $2.59B.
- T. Rowe Price Associates fully exited Karuna Therapeutics, Inc. Common Stock in Q1 2024, selling an estimated $621M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $816B portfolio in Q1 2024.
- T. Rowe Price Associates opened 108 new positions and closed 64 in Q1 2024.
- T. Rowe Price Associates's portfolio value rose 9.6% quarter-over-quarter to $816B.
Based on T. Rowe Price Associates's 13F filing for Q1 2024, filed 15 May 2024.