T. Rowe Price Investment Management Portfolio holdings
T. Rowe Price Investment Management, Inc. (TRPIM), a division of T. Rowe Price Group established in August 2022 and headquartered in Baltimore, Maryland, is an active investment manager overseeing hundreds of billions in assets, focusing on equity and fixed-income strategies for institutional clients and sub-advisory mandates. Spun off from the parent company founded in 1937 by Thomas Rowe Price, Jr., TRPIM operates as a distinct entity with around 900 employees, emphasizing a research-driven, long-term approach rooted in fundamental analysis and disciplined risk management. Managing portfolios like large-cap growth and international equity funds, it complements T. Rowe Price’s broader offerings while targeting sophisticated investors such as pension funds and endowments with tailored, high-conviction solutions. Under the leadership of president Rob Sharps, TRPIM upholds the firm’s legacy of integrity and client focus, adapting its founder’s value-oriented philosophy to modern institutional needs.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$883M |
| 2 |
AbbVie
ABBV
|
+$660M |
| 3 |
Intuit
INTU
|
+$528M |
| 4 |
Xcel Energy
XEL
|
+$466M |
| 5 |
Exelon
EXC
|
+$430M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$1.2B |
| 2 |
TE Connectivity
TEL
|
+$607M |
| 3 |
Equifax
EFX
|
+$347M |
| 4 |
KLA
KLAC
|
+$317M |
| 5 |
CTLT
CATALENT, INC.
CTLT
|
+$281M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.65% |
| 2 | Healthcare | 22.76% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Industrials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRGI
401
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $37.1M | 0.03% |
4,519,018
-6,132
| -0.1% | -$50.9K |
|
402
Vulcan Materials
VMC
$36.2B
| $37M | 0.03% |
215,739
+3,239
| +2% | +$575K |
|
|
AVNS
403
DELISTED
Avanos Medical
AVNS
| $36.8M | 0.03% |
+1,238,711
| New | +$36M |
|
404
Cinemark Holdings
CNK
$4.35B
| $36.7M | 0.03% |
2,478,695
-30,292
| -1% | -$368K |
|
405
Relay Therapeutics
RLAY
$4.42B
| $36.6M | 0.03% |
2,221,580
+215,039
| +11% | +$3.86M |
|
406
Gibraltar Industries
ROCK
$1.47B
| $36.5M | 0.03% |
751,631
-1,228,807
| -62% | -$62.8M |
|
407
H.B. Fuller
FUL
$3.23B
| $36.1M | 0.03% |
527,584
+16,855
| +3% | +$1.18M |
|
408
Winmark
WINA
$1.27B
| $35.1M | 0.03% |
109,458
-34,046
| -24% | -$9.53M |
|
409
Credo Technology Group
CRDO
$52B
| $35.1M | 0.03% |
3,722,599
+1,202,399
| +48% | +$15.2M |
|
410
Zentalis Pharmaceuticals
ZNTL
$307M
| $34.6M | 0.02% |
2,010,409
-200,033
| -9% | -$4.05M |
|
|
NXRT
411
NexPoint Residential Trust
NXRT
$637M
| $34.1M | 0.02% |
781,424
+379,389
| +94% | +$17.5M |
|
|
SNCY
412
DELISTED
Sun Country Airlines
SNCY
| $33.8M | 0.02% |
1,648,503
+285,619
| +21% | +$5.56M |
|
413
Booz Allen Hamilton
BAH
$9.3B
| $33.4M | 0.02% |
360,404
-105,154
| -23% | -$9.97M |
|
414
Equity Bancshares
EQBK
$1.06B
| $33.3M | 0.02% |
1,366,805
-3,532
| -0.3% | -$104K |
|
|
MORF
415
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $33.3M | 0.02% |
883,699
+124,853
| +16% | +$4.6M |
|
416
Conduent
CNDT
$243M
| $33.2M | 0.02% |
9,681,143
+1,839,304
| +23% | +$7.56M |
|
417
Utah Medical Products
UTMD
$228M
| $33.2M | 0.02% |
349,840
+7,924
| +2% | +$728K |
|
418
NerdWallet
NRDS
$625M
| $32.1M | 0.02% |
1,985,700
+20,301
| +1% | +$306K |
|
419
Old Dominion Freight Line
ODFL
$45B
| $32.1M | 0.02% |
188,502
-52,492
| -22% | -$8.79M |
|
420
John Marshall Bancorp
JMSB
$330M
| $31.3M | 0.02% |
1,449,621
| – | – |
|
421
Metropolitan Bank Holding Corp
MCB
$1.17B
| $31.1M | 0.02% |
916,971
+261,727
| +40% | +$13.6M |
|
422
MaxLinear
MXL
$7.04B
| $31M | 0.02% |
879,589
-207,344
| -19% | -$7.51M |
|
|
HCP
423
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $30.3M | 0.02% |
1,034,695
+27,863
| +3% | +$832K |
|
|
PSPC.U
424
DELISTED
Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant
PSPC.U
| $30.2M | 0.02% |
2,962,073
-3,764
| -0.1% | -$37.9K |
|
425
Five Star Bancorp
FSBC
$1.17B
| $30.1M | 0.02% |
1,410,630
-2,492
| -0.2% | -$64.6K |
|
Similar funds
T. Rowe Price Investment Management's Q1 2023 Portfolio in Review
As of Q1 2023, T. Rowe Price Investment Management held 578 positions worth $139B, up 7% from $130B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
T. Rowe Price Investment Management's Q1 2023 filing shows 37 new, 240 increased, 253 reduced and 34 closed positions. Its largest new stake was Intuit: 1,286,488 shares worth $574M. The largest sale was GE Aerospace, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Investment Management's largest Q1 2023 buy was Intuit: 1,286,488 shares worth $574M.
- T. Rowe Price Investment Management added most to UnitedHealth in Q1 2023, an estimated $883M increase.
- T. Rowe Price Investment Management's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $1.2B.
- T. Rowe Price Investment Management fully exited Public Service Enterprise Group in Q1 2023, selling an estimated $276M.
- T. Rowe Price Investment Management's ten largest holdings make up 17% of its $139B portfolio in Q1 2023.
- T. Rowe Price Investment Management opened 37 new positions and closed 34 in Q1 2023.
- T. Rowe Price Investment Management's portfolio value rose 7% quarter-over-quarter to $139B.
Based on T. Rowe Price Investment Management's 13F filing for Q1 2023, filed 15 May 2023.