T. Rowe Price Associates Portfolio holdings
T. Rowe Price Associates, Inc., founded in 1937 by Thomas Rowe Price, Jr., is a globally recognized investment management firm headquartered in Baltimore, Maryland, known for its disciplined, research-driven approach to active investing. The company manages hundreds of billions in assets, offering a wide range of mutual funds, retirement plans, and advisory services tailored to individual investors, institutions, and financial intermediaries. Emphasizing long-term growth and a conservative investment philosophy, T. Rowe Price has built a strong reputation for its equity and fixed-income funds, often focusing on fundamental analysis to identify undervalued opportunities. Still publicly traded and independent, it remains a trusted name in the industry, balancing tradition with innovation to meet evolving client needs.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$7.49B |
| 2 |
Micron Technology
MU
|
+$6.62B |
| 3 |
Lam Research
LRCX
|
+$3.45B |
| 4 |
Applied Materials
AMAT
|
+$3.03B |
| 5 |
Advanced Micro Devices
AMD
|
+$2.91B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$12.1B |
| 2 |
Apple
AAPL
|
+$11.6B |
| 3 |
Amazon
AMZN
|
+$3.54B |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$3.07B |
| 5 |
Keysight
KEYS
|
+$1.82B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.73% |
| 2 | Healthcare | 11.3% |
| 3 | Financials | 10.32% |
| 4 | Communication Services | 9.66% |
| 5 | Industrials | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
NVIDIA
NVDA
$5.45T
| $74B | 7.41% |
369,829,781
-272,907
| -0.1% | -$56.1M |
|
|
2
Apple
AAPL
$4.61T
| $46.2B | 4.63% |
159,811,362
-40,615,258
| -20% | -$11.6B |
|
|
3
Alphabet (Google) Class A
GOOGL
$4.14T
| $36.2B | 3.62% |
101,316,099
+20,809,301
| +26% | +$7.49B |
|
|
4
Microsoft
MSFT
$3.67T
| $32.6B | 3.26% |
87,287,163
-29,955,771
| -26% | -$12.1B |
|
5
Broadcom
AVGO
$1.75T
| $31.3B | 3.13% |
82,851,970
-1,618,784
| -2% | -$649M |
|
|
6
Amazon
AMZN
$2.77T
| $26B | 2.6% |
108,907,465
-14,091,485
| -11% | -$3.54B |
|
|
7
Alphabet (Google) Class C
GOOG
$4.1T
| $20.9B | 2.1% |
59,258,327
-8,588,253
| -13% | -$3.07B |
|
|
8
Advanced Micro Devices
AMD
$826B
| $20.9B | 2.09% |
35,938,258
+7,091,788
| +25% | +$2.91B |
|
9
Meta Platforms (Facebook)
META
$1.56T
| $17.3B | 1.74% |
30,793,354
-2,191,986
| -7% | -$1.34B |
|
10
Eli Lilly
LLY
$1T
| $16.7B | 1.67% |
13,911,839
-80,385
| -0.6% | -$82.1M |
|
|
11
Micron Technology
MU
$1.13T
| $16.4B | 1.64% |
14,165,845
+8,827,282
| +165% | +$6.62B |
|
12
Visa
V
$688B
| $12.2B | 1.22% |
35,472,043
-5,603,826
| -14% | -$1.8B |
|
|
13
Lam Research
LRCX
$401B
| $10.7B | 1.07% |
24,596,295
+11,356,938
| +86% | +$3.45B |
|
14
Tesla
TSLA
$1.45T
| $10.6B | 1.06% |
25,141,239
+332,357
| +1% | +$132M |
|
15
UnitedHealth
UNH
$360B
| $9.62B | 0.96% |
23,153,813
+2,279,867
| +11% | +$845M |
|
16
Mastercard
MA
$500B
| $9.52B | 0.95% |
18,527,027
-47,683
| -0.3% | -$23.8M |
|
|
17
Applied Materials
AMAT
$375B
| $9.13B | 0.91% |
12,627,555
+6,564,630
| +108% | +$3.03B |
|
18
JPMorgan Chase
JPM
$940B
| $9.06B | 0.91% |
27,686,080
+198,757
| +0.7% | +$61.7M |
|
19
GE Aerospace
GE
$347B
| $7.71B | 0.77% |
20,622,890
-3,287,457
| -14% | -$1.03B |
|
20
Intel
INTC
$552B
| $7.48B | 0.75% |
53,547,772
+1,486,726
| +3% | +$150M |
|
21
Netflix
NFLX
$320B
| $6.68B | 0.67% |
93,578,816
-5,452,976
| -6% | -$480M |
|
22
Caterpillar
CAT
$378B
| $6.57B | 0.66% |
6,171,628
+589,610
| +11% | +$518M |
|
23
Linde
LIN
$216B
| $6.14B | 0.61% |
11,832,240
+1,985,729
| +20% | +$1.01B |
|
24
Johnson & Johnson
JNJ
$649B
| $5.84B | 0.58% |
22,996,878
+6,505,745
| +39% | +$1.52B |
|
25
Amphenol
APH
$202B
| $5.64B | 0.56% |
64,022,672
+11,648,862
| +22% | +$840M |
|
Similar funds
T. Rowe Price Associates's Q2 2026 Portfolio in Review
As of Q2 2026, T. Rowe Price Associates held 3,356 positions worth $999B, up 16% from $865B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q2 2026 filing shows 224 new, 2,237 increased, 645 reduced and 116 closed positions. Its largest new stake was SpaceX: 10,709,016 shares worth $1.83B. The largest sale was Microsoft, an estimated $12.1B.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 34% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q2 2026 buy was SpaceX: 10,709,016 shares worth $1.83B.
- T. Rowe Price Associates added most to Alphabet (Google) Class A in Q2 2026, an estimated $7.49B increase.
- T. Rowe Price Associates's biggest Q2 2026 reduction was Microsoft, cutting an estimated $12.1B.
- T. Rowe Price Associates fully exited Sibanye-Stillwater in Q2 2026, selling an estimated $40.4M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $999B portfolio in Q2 2026.
- T. Rowe Price Associates opened 224 new positions and closed 116 in Q2 2026.
- T. Rowe Price Associates's portfolio value rose 16% quarter-over-quarter to $999B.
Based on T. Rowe Price Associates's 13F filing for Q2 2026, filed 14 Aug 2026.