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 |
RTX Corp
RTX
|
+$762M |
| 2 |
PTC
PTC
|
+$631M |
| 3 |
Humana
HUM
|
+$400M |
| 4 |
DTE Energy
DTE
|
+$377M |
| 5 |
Exelon
EXC
|
+$376M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$892M |
| 2 |
Apple
AAPL
|
+$812M |
| 3 |
Danaher
DHR
|
+$508M |
| 4 |
Microsoft
MSFT
|
+$492M |
| 5 |
Intercontinental Exchange
ICE
|
+$460M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.05% |
| 2 | Healthcare | 21.9% |
| 3 | Financials | 12% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 11.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Matsons
MATX
$6.46B
| $31.8M | 0.02% |
358,690
+346
| +0.1% | +$30.2K |
|
|
EFOR
427
Everforth Inc
EFOR
$1.32B
| $31.6M | 0.02% |
+386,588
| New | +$30.8M |
|
428
WillScot Mobile Mini Holdings
WSC
$4.06B
| $31.5M | 0.02% |
758,232
-1,351
| -0.2% | -$59.5K |
|
429
SiTime
SITM
$21.3B
| $31.4M | 0.02% |
274,801
-82,251
| -23% | -$10.1M |
|
430
Knowles
KN
$3.31B
| $31.2M | 0.02% |
2,105,672
-286,812
| -12% | -$4.7M |
|
431
Packaging Corp of America
PKG
$22.9B
| $31.2M | 0.02% |
202,879
+9,200
| +5% | +$1.34M |
|
432
LegalZoom.com
LZ
$944M
| $31M | 0.02% |
2,837,278
+633,696
| +29% | +$7.77M |
|
|
CHCT
433
Community Healthcare Trust
CHCT
$437M
| $30.9M | 0.02% |
1,039,474
| – | – |
|
434
Cadre Holdings
CDRE
$1.44B
| $30.4M | 0.02% |
1,140,861
| – | – |
|
435
Atmos Energy
ATO
$28.7B
| $30.1M | 0.02% |
283,775
+52,608
| +23% | +$6.14M |
|
436
Equity Lifestyle Properties
ELS
$12.6B
| $30M | 0.02% |
470,819
+21,257
| +5% | +$1.44M |
|
|
PR
437
Permian Resources
PR
$17.6B
| $29.5M | 0.02% |
+2,115,480
| New | +$26.6M |
|
438
Watsco Inc
WSO
$12.9B
| $29.1M | 0.02% |
77,168
-471
| -0.6% | -$170K |
|
439
Old Dominion Freight Line
ODFL
$45.1B
| $29.1M | 0.02% |
142,168
-44,634
| -24% | -$9.03M |
|
|
OLK
440
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $28.8M | 0.02% |
1,953,208
| – | – |
|
441
FS Bancorp
FSBW
$322M
| $28.8M | 0.02% |
976,013
| – | – |
|
442
Utah Medical Products
UTMD
$228M
| $28.3M | 0.02% |
329,312
-11,806
| -3% | -$1.09M |
|
443
InnovAge Holding
INNV
$1.45B
| $28.2M | 0.02% |
4,706,714
-270,593
| -5% | -$1.76M |
|
444
Gibraltar Industries
ROCK
$1.47B
| $28M | 0.02% |
415,440
-21,070
| -5% | -$1.44M |
|
|
VERV
445
DELISTED
Verve Therapeutics
VERV
| $27.9M | 0.02% |
2,105,298
+3,937
| +0.2% | +$63.4K |
|
446
Five Star Bancorp
FSBC
$1.16B
| $27.7M | 0.02% |
1,381,052
-57,945
| -4% | -$1.29M |
|
447
Phreesia
PHR
$757M
| $27.6M | 0.02% |
1,479,830
-222,064
| -13% | -$5.97M |
|
448
John Marshall Bancorp
JMSB
$330M
| $27.5M | 0.02% |
1,541,260
| – | – |
|
449
Camden Property Trust
CPT
$11.1B
| $27.4M | 0.02% |
289,226
+125,343
| +76% | +$13.3M |
|
|
SHYF
450
DELISTED
The Shyft Group
SHYF
| $26.6M | 0.02% |
1,778,165
+174,542
| +11% | +$2.94M |
|
Similar funds
T. Rowe Price Investment Management's Q3 2023 Portfolio in Review
As of Q3 2023, T. Rowe Price Investment Management held 604 positions worth $141B, down 3.6% from $147B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
T. Rowe Price Investment Management's Q3 2023 filing shows 38 new, 233 increased, 256 reduced and 33 closed positions. Its largest new stake was Ulta Beauty: 509,246 shares worth $203M. The largest sale was Black Knight, Inc. Common Stock, an estimated $892M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Investment Management's largest Q3 2023 buy was Ulta Beauty: 509,246 shares worth $203M.
- T. Rowe Price Investment Management added most to RTX Corp in Q3 2023, an estimated $762M increase.
- T. Rowe Price Investment Management's biggest Q3 2023 reduction was Apple, cutting an estimated $812M.
- T. Rowe Price Investment Management fully exited Black Knight, Inc. Common Stock in Q3 2023, selling an estimated $892M.
- T. Rowe Price Investment Management's ten largest holdings make up 16% of its $141B portfolio in Q3 2023.
- T. Rowe Price Investment Management opened 38 new positions and closed 33 in Q3 2023.
- T. Rowe Price Investment Management's portfolio value fell 3.6% quarter-over-quarter to $141B.
Based on T. Rowe Price Investment Management's 13F filing for Q3 2023, filed 14 Nov 2023.