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 | |
|---|---|---|---|---|---|---|
|
ONC
251
BeOne Medicines Ltd
ONC
$40.3B
| $556M | 0.06% |
1,630,571
+610,444
| +60% | +$185M |
|
252
AGCO
AGCO
$7.02B
| $556M | 0.06% |
5,188,368
+112,298
| +2% | +$12.4M |
|
253
Rambus
RMBS
$11B
| $547M | 0.06% |
5,245,344
+551,954
| +12% | +$42.5M |
|
254
Popular Inc
BPOP
$11.3B
| $547M | 0.06% |
4,303,229
+340,234
| +9% | +$40.7M |
|
255
Mettler-Toledo International
MTD
$28.5B
| $546M | 0.06% |
444,470
-38,080
| -8% | -$47.7M |
|
256
Zscaler
ZS
$29.2B
| $538M | 0.06% |
1,794,944
+1,077,613
| +150% | +$307M |
|
257
Planet Fitness
PLNT
$3.65B
| $533M | 0.06% |
5,133,295
+1,684,770
| +49% | +$179M |
|
258
T. Rowe Price International Equity ETF
TOUS
$1.64B
| $531M | 0.06% |
15,757,932
+653,113
| +4% | +$21.5M |
|
259
Cintas
CTAS
$80.9B
| $528M | 0.06% |
2,570,960
+84,120
| +3% | +$18M |
|
260
Snowflake
SNOW
$116B
| $527M | 0.06% |
2,338,592
-1,871,747
| -44% | -$402M |
|
261
Royal Caribbean
RCL
$82.8B
| $526M | 0.06% |
1,625,361
+751,170
| +86% | +$251M |
|
262
Saia
SAIA
$10B
| $525M | 0.06% |
1,755,151
-1,142,002
| -39% | -$345M |
|
263
Fortinet
FTNT
$119B
| $522M | 0.06% |
6,212,812
-1,887,076
| -23% | -$168M |
|
264
Wingstop
WING
$3.06B
| $517M | 0.06% |
2,052,703
-100,551
| -5% | -$31.2M |
|
265
Middleby
MIDD
$5.29B
| $514M | 0.06% |
3,869,292
+675,464
| +21% | +$93.8M |
|
266
News Corp Class A
NWSA
$15.5B
| $514M | 0.06% |
16,729,590
-2,387,653
| -12% | -$70.8M |
|
267
AerCap
AER
$23.5B
| $507M | 0.05% |
4,187,600
-106,268
| -2% | -$12.4M |
|
268
Voya Financial
VOYA
$9.1B
| $505M | 0.05% |
6,754,058
+441,290
| +7% | +$32.5M |
|
269
Trane Technologies
TT
$106B
| $505M | 0.05% |
1,196,053
+5,733
| +0.5% | +$2.45M |
|
270
American Water Works
AWK
$27.1B
| $503M | 0.05% |
3,611,671
-173,882
| -5% | -$24.6M |
|
271
Ventas
VTR
$46.3B
| $502M | 0.05% |
7,175,913
-435,414
| -6% | -$29.3M |
|
272
Invesco QQQ Trust
QQQ
$486B
| $497M | 0.05% |
828,384
+825,192
| +25,852% | +$473M |
|
273
Hubbell
HUBB
$26.8B
| $497M | 0.05% |
1,154,165
-426,298
| -27% | -$183M |
|
274
Diamondback Energy
FANG
$55.8B
| $493M | 0.05% |
3,442,694
-2,047,133
| -37% | -$291M |
|
275
Encompass Health
EHC
$12.2B
| $490M | 0.05% |
3,857,211
+2,449,490
| +174% | +$292M |
|
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.