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 |
Biogen
BIIB
|
+$1.01B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$554M |
| 3 |
Canadian Natural Resources
CNQ
|
+$543M |
| 4 |
Goldman Sachs
GS
|
+$528M |
| 5 |
CAVA Group
CAVA
|
+$522M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PNC Financial Services
PNC
|
+$735M |
| 2 |
Microsoft
MSFT
|
+$612M |
| 3 |
TransUnion
TRU
|
+$601M |
| 4 |
Fortinet
FTNT
|
+$514M |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$475M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.09% |
| 2 | Healthcare | 22.65% |
| 3 | Consumer Discretionary | 12.39% |
| 4 | Financials | 11.97% |
| 5 | Industrials | 11.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Idacorp
IDA
$8.21B
| $310M | 0.21% |
3,025,679
-45,207
| -1% | -$4.86M |
|
127
BILL Holdings
BILL
$4.85B
| $296M | 0.2% |
2,537,398
+669,513
| +36% | +$63.6M |
|
|
CTRA
128
DELISTED
Coterra Energy
CTRA
| $295M | 0.2% |
11,667,488
-17,106
| -0.1% | -$425K |
|
|
BECN
129
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $294M | 0.2% |
3,540,663
+55,914
| +2% | +$3.69M |
|
130
O'Reilly Automotive
ORLY
$74.5B
| $290M | 0.2% |
4,561,305
-3,764,280
| -45% | -$230M |
|
131
Cognex
CGNX
$10.2B
| $284M | 0.19% |
5,067,633
+3,660
| +0.1% | +$189K |
|
|
EXAS
132
DELISTED
Exact Sciences
EXAS
| $278M | 0.19% |
2,960,846
+23,272
| +0.8% | +$1.82M |
|
133
SPX Corp
SPXC
$10.9B
| $276M | 0.19% |
3,247,569
-765,660
| -19% | -$57M |
|
134
Papa John's
PZZA
$793M
| $275M | 0.19% |
3,726,173
-65,982
| -2% | -$4.89M |
|
135
Mobileye
MBLY
$7.48B
| $273M | 0.19% |
7,098,621
+5,058,564
| +248% | +$205M |
|
136
EQT Corp
EQT
$33.8B
| $269M | 0.18% |
6,549,383
+3,000,082
| +85% | +$106M |
|
137
CubeSmart
CUBE
$9.28B
| $268M | 0.18% |
5,991,664
-40,538
| -0.7% | -$1.84M |
|
138
Ametek
AME
$59.3B
| $266M | 0.18% |
+1,642,133
| New | +$240M |
|
139
Terreno Realty
TRNO
$7.48B
| $262M | 0.18% |
4,353,320
+36,885
| +0.9% | +$2.25M |
|
140
Reynolds Consumer Products
REYN
$5.53B
| $260M | 0.18% |
9,218,753
-810,249
| -8% | -$22.5M |
|
141
Chipotle Mexican Grill
CMG
$41.3B
| $259M | 0.18% |
6,050,050
-4,031,050
| -40% | -$159M |
|
142
SouthState Bank Corp
SSB
$10.7B
| $259M | 0.18% |
3,932,696
+152
| +0% | +$10.1K |
|
143
Constellium
CSTM
$4B
| $256M | 0.17% |
14,900,853
-220,788
| -1% | -$3.39M |
|
144
BWX Technologies
BWXT
$15.8B
| $255M | 0.17% |
3,569,550
+38,736
| +1% | +$2.53M |
|
145
DoubleVerify
DV
$2.04B
| $255M | 0.17% |
6,547,968
-463,258
| -7% | -$14.9M |
|
146
Agilon Health
AGL
$1.45B
| $253M | 0.17% |
583,715
+476,336
| +444% | +$268M |
|
147
GE HealthCare
GEHC
$32.6B
| $253M | 0.17% |
3,114,310
-1,971,406
| -39% | -$157M |
|
148
Selective Insurance
SIGI
$5.59B
| $252M | 0.17% |
2,630,132
-92,013
| -3% | -$9.06M |
|
149
WEC Energy
WEC
$35.6B
| $252M | 0.17% |
2,850,956
+836,143
| +41% | +$77.3M |
|
150
TE Connectivity
TEL
$62B
| $247M | 0.17% |
1,759,089
-2,570,371
| -59% | -$325M |
|
Similar funds
T. Rowe Price Investment Management's Q2 2023 Portfolio in Review
As of Q2 2023, T. Rowe Price Investment Management held 596 positions worth $147B, up 5.3% from $139B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
T. Rowe Price Investment Management's Q2 2023 filing shows 53 new, 243 increased, 259 reduced and 30 closed positions. Its largest new stake was Biogen: 3,399,070 shares worth $968M. The largest sale was PNC Financial Services, an estimated $735M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 25% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Investment Management's largest Q2 2023 buy was Biogen: 3,399,070 shares worth $968M.
- T. Rowe Price Investment Management added most to Alphabet (Google) Class A in Q2 2023, an estimated $554M increase.
- T. Rowe Price Investment Management's biggest Q2 2023 reduction was PNC Financial Services, cutting an estimated $735M.
- T. Rowe Price Investment Management fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q2 2023, selling an estimated $331M.
- T. Rowe Price Investment Management's ten largest holdings make up 17% of its $147B portfolio in Q2 2023.
- T. Rowe Price Investment Management opened 53 new positions and closed 30 in Q2 2023.
- T. Rowe Price Investment Management's portfolio value rose 5.3% quarter-over-quarter to $147B.
Based on T. Rowe Price Investment Management's 13F filing for Q2 2023, filed 14 Aug 2023.