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 |
Arista Networks
ANET
|
+$4.06B |
| 2 |
Oracle
ORCL
|
+$2.93B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.35B |
| 4 |
Apple
AAPL
|
+$2.27B |
| 5 |
Caterpillar
CAT
|
+$2.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$3.44B |
| 2 |
Eli Lilly
LLY
|
+$2.51B |
| 3 |
Microsoft
MSFT
|
+$2.39B |
| 4 |
FISV
Fiserv Inc
FISV
|
+$2.2B |
| 5 |
Norfolk Southern
NSC
|
+$1.97B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.3% |
| 2 | Financials | 11.67% |
| 3 | Consumer Discretionary | 10.88% |
| 4 | Communication Services | 10.76% |
| 5 | Healthcare | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Nu Holdings
NU
$66.5B
| $615M | 0.07% |
38,386,262
+6,248,470
| +19% | +$87.2M |
|
227
Weyerhaeuser
WY
$18B
| $614M | 0.07% |
24,754,886
-6,254,484
| -20% | -$160M |
|
228
Blackrock
BLK
$181B
| $612M | 0.07% |
525,192
+2,445
| +0.5% | +$2.73M |
|
229
Franco-Nevada
FNV
$44.8B
| $612M | 0.07% |
2,746,483
+1,269,131
| +86% | +$229M |
|
|
CYBR
230
DELISTED
CyberArk
CYBR
| $612M | 0.07% |
1,267,074
-488,063
| -28% | -$210M |
|
231
Marathon Petroleum
MPC
$98.4B
| $611M | 0.07% |
3,167,689
-165,281
| -5% | -$29.1M |
|
232
Shell
SHEL
$248B
| $610M | 0.07% |
8,527,272
+1,151,547
| +16% | +$82.9M |
|
233
W.W. Grainger
GWW
$61.6B
| $608M | 0.07% |
637,697
+573,510
| +893% | +$576M |
|
234
MongoDB
MDB
$36.6B
| $606M | 0.06% |
1,953,085
+1,840,251
| +1,631% | +$473M |
|
235
PTC
PTC
$16B
| $606M | 0.06% |
2,983,806
+1,956,820
| +191% | +$399M |
|
236
SiteOne Landscape Supply
SITE
$4.23B
| $599M | 0.06% |
4,650,019
-1,300,887
| -22% | -$176M |
|
237
Ecolab
ECL
$77.2B
| $598M | 0.06% |
2,183,826
+1,718,268
| +369% | +$467M |
|
238
Packaging Corp of America
PKG
$22.9B
| $598M | 0.06% |
2,743,689
-47,216
| -2% | -$9.74M |
|
239
Southwest Airlines
LUV
$22.1B
| $593M | 0.06% |
18,576,163
-595,556
| -3% | -$19.5M |
|
|
WCN
240
Waste Connections
WCN
$41.5B
| $592M | 0.06% |
3,364,748
-999,351
| -23% | -$182M |
|
241
Honeywell
HON
$73.9B
| $590M | 0.06% |
2,971,317
-209,036
| -7% | -$43.7M |
|
242
Newmont
NEM
$120B
| $589M | 0.06% |
6,989,197
-1,239,061
| -15% | -$86.4M |
|
243
ESAB
ESAB
$5.27B
| $585M | 0.06% |
5,239,365
-1,405,103
| -21% | -$167M |
|
244
Booz Allen Hamilton
BAH
$9.32B
| $583M | 0.06% |
5,828,715
+228,805
| +4% | +$24.5M |
|
245
Ulta Beauty
ULTA
$22.2B
| $581M | 0.06% |
1,063,392
-44,561
| -4% | -$22.8M |
|
246
Cadence Design Systems
CDNS
$89.4B
| $569M | 0.06% |
1,619,738
-11,127
| -0.7% | -$3.83M |
|
247
PepsiCo
PEP
$191B
| $565M | 0.06% |
4,026,405
+27
| +0% | +$3.86K |
|
248
Medtronic
MDT
$117B
| $564M | 0.06% |
5,923,677
-122,599
| -2% | -$11.3M |
|
249
Fabrinet
FN
$20.9B
| $560M | 0.06% |
1,536,386
+1,120,779
| +270% | +$369M |
|
250
PG&E
PCG
$39.2B
| $557M | 0.06% |
36,944,302
-551,856
| -1% | -$8.05M |
|
Similar funds
T. Rowe Price Associates's Q3 2025 Portfolio in Review
As of Q3 2025, T. Rowe Price Associates held 3,142 positions worth $935B, up 5.9% from $883B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
T. Rowe Price Associates's Q3 2025 filing shows 87 new, 2,049 increased, 682 reduced and 98 closed positions. Its largest new stake was Cemex: 19,009,088 shares worth $171M. The largest sale was Amazon, an estimated $3.44B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Financials and Consumer Discretionary.
- T. Rowe Price Associates's largest Q3 2025 buy was Cemex: 19,009,088 shares worth $171M.
- T. Rowe Price Associates added most to Arista Networks in Q3 2025, an estimated $4.06B increase.
- T. Rowe Price Associates's biggest Q3 2025 reduction was Amazon, cutting an estimated $3.44B.
- T. Rowe Price Associates fully exited Hess in Q3 2025, selling an estimated $308M.
- T. Rowe Price Associates's ten largest holdings make up 37% of its $935B portfolio in Q3 2025.
- T. Rowe Price Associates opened 87 new positions and closed 98 in Q3 2025.
- T. Rowe Price Associates's portfolio value rose 5.9% quarter-over-quarter to $935B.
Based on T. Rowe Price Associates's 13F filing for Q3 2025, filed 14 Nov 2025.