T Rowe Price New America Growth Fund

A recent SEC filing reveals that T. Rowe Price New America Growth Fund has 92 total holdings and an overall portfolio value of $ 7,038,011,292. The top three holdings are Alpha Inc. Class C (US:GOOG) and Microsoft Corporation (US:MSFT). Other notable new positions include Veeva Systems Inc. (US:VEEV) and T. Rowe Price Government Reserve Fund (US:US76105Y1091).

The fund focuses on companies in areas where growth is likely to continue. This includes stocks with strong management and a strong multi-year growth prospect. It also aims to purchase stocks that are highly profitable with high sales growth, subscriber growth and earnings growth. It also has a large weighting in high-growth sectors such as consumer staples, information technology and healthcare.