The T Rowe US team manage five strategies, with over $600 billion invested across them. They are within the top 5 active holders in some of the largest companies in the US including Amazon, Alphabet and Facebook. This strategy is pure growth, focusing on innovation and change. They seek out attractive valuations and leading companies with a long-term time horizon. The number of holdings tends to be between 60 and 75.
The different strategies include a smaller companies fund and the access to this bank of knowledge is really important. An example would be Wix which they have held for many years and has now gone into the large cap strategy. They are also private investors in companies like Rivian, Waymo and Stripe and this gives them access to innovative businesses which in time feed into the large cap fund….read more