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 |
Microsoft
MSFT
|
+$1.15B |
| 2 |
Amphenol
APH
|
+$757M |
| 3 |
Advanced Micro Devices
AMD
|
+$658M |
| 4 |
PTC
PTC
|
+$524M |
| 5 |
Zscaler
ZS
|
+$519M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$976M |
| 2 |
Mastercard
MA
|
+$804M |
| 3 |
Fortinet
FTNT
|
+$638M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$618M |
| 5 |
Visa
V
|
+$600M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.65% |
| 2 | Healthcare | 20.51% |
| 3 | Consumer Discretionary | 12.57% |
| 4 | Industrials | 11.2% |
| 5 | Financials | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CURB
201
Curbline Properties
CURB
$3.48B
| $160M | 0.11% |
6,624,234
+1,474,896
| +29% | +$35.5M |
|
202
Eastern Bankshares
EBC
$5.35B
| $160M | 0.11% |
9,770,710
+93,157
| +1% | +$1.62M |
|
203
Post Holdings
POST
$3.68B
| $159M | 0.11% |
1,364,704
-1,011
| -0.1% | -$112K |
|
204
Casella Waste Systems
CWST
$5.76B
| $158M | 0.1% |
1,419,799
+163,363
| +13% | +$17.9M |
|
205
Oscar Health
OSCR
$9.22B
| $155M | 0.1% |
11,826,245
+467,301
| +4% | +$6.94M |
|
206
Arcosa
ACA
$7.13B
| $154M | 0.1% |
1,993,241
+290,523
| +17% | +$26.7M |
|
207
Reynolds Consumer Products
REYN
$5.56B
| $153M | 0.1% |
6,423,460
-1,639,008
| -20% | -$41.3M |
|
208
Waste Management
WM
$89.8B
| $153M | 0.1% |
661,060
+657,194
| +16,999% | +$146M |
|
209
Enpro
NPO
$7.2B
| $152M | 0.1% |
941,494
-9,196
| -1% | -$1.65M |
|
210
Crane Co
CR
$12.7B
| $151M | 0.1% |
989,002
+12,505
| +1% | +$2.01M |
|
211
FirstService
FSV
$6.11B
| $151M | 0.1% |
910,468
-374,815
| -29% | -$65.7M |
|
212
Towne Bank
TOWN
$3.5B
| $150M | 0.1% |
4,393,296
+48,623
| +1% | +$1.71M |
|
213
Littelfuse
LFUS
$11.6B
| $150M | 0.1% |
760,790
-2,606
| -0.3% | -$596K |
|
214
On Holding
ONON
$10.2B
| $149M | 0.1% |
3,395,611
+34,120
| +1% | +$1.79M |
|
215
California Water Service
CWT
$3.11B
| $147M | 0.1% |
3,029,785
+67,002
| +2% | +$3.04M |
|
216
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.39B
| $147M | 0.1% |
5,020,891
+330,314
| +7% | +$9.35M |
|
|
BA.PRA
217
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$8.14B
| – | – |
0
| – | – |
|
218
Carvana
CVNA
$80.9B
| $145M | 0.1% |
3,463,625
+48,470
| +1% | +$2.14M |
|
|
BWIN
219
Baldwin Insurance Group
BWIN
$2.92B
| $144M | 0.1% |
3,232,521
+1,238,650
| +62% | +$50.4M |
|
220
Goosehead Insurance
GSHD
$2.28B
| $142M | 0.09% |
1,204,813
-79,372
| -6% | -$8.91M |
|
221
American Tower
AMT
$80.7B
| $142M | 0.09% |
650,789
+540,648
| +491% | +$106M |
|
222
Haemonetics
HAE
$4.15B
| $140M | 0.09% |
2,195,569
-358,245
| -14% | -$24.4M |
|
223
Webster Financial
WBS
$12.8B
| $139M | 0.09% |
2,695,733
-252,968
| -9% | -$14.1M |
|
224
CME Group
CME
$95.1B
| $138M | 0.09% |
521,218
+495,505
| +1,927% | +$122M |
|
225
Lantheus
LNTH
$6.59B
| $138M | 0.09% |
1,412,421
-96,911
| -6% | -$9.06M |
|
Similar funds
T. Rowe Price Investment Management's Q1 2025 Portfolio in Review
As of Q1 2025, T. Rowe Price Investment Management held 707 positions worth $151B, down 6.7% from $162B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
T. Rowe Price Investment Management's Q1 2025 filing shows 74 new, 322 increased, 258 reduced and 50 closed positions. Its largest new stake was Zscaler: 2,603,675 shares worth $517M. The largest sale was UnitedHealth, an estimated $976M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- T. Rowe Price Investment Management's largest Q1 2025 buy was Zscaler: 2,603,675 shares worth $517M.
- T. Rowe Price Investment Management added most to Microsoft in Q1 2025, an estimated $1.15B increase.
- T. Rowe Price Investment Management's biggest Q1 2025 reduction was UnitedHealth, cutting an estimated $976M.
- T. Rowe Price Investment Management fully exited Five Below in Q1 2025, selling an estimated $378M.
- T. Rowe Price Investment Management's ten largest holdings make up 19% of its $151B portfolio in Q1 2025.
- T. Rowe Price Investment Management opened 74 new positions and closed 50 in Q1 2025.
- T. Rowe Price Investment Management's portfolio value fell 6.7% quarter-over-quarter to $151B.
Based on T. Rowe Price Investment Management's 13F filing for Q1 2025, filed 14 May 2025.