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 | |
|---|---|---|---|---|---|---|
|
SOBO
401
South Bow Corp
SOBO
$7.64B
| $258M | 0.03% |
9,132,402
-3,683,898
| -29% | -$100M |
|
402
Scholar Rock
SRRK
$6.46B
| $256M | 0.03% |
6,883,058
-1,878,592
| -21% | -$65.7M |
|
403
Ovintiv
OVV
$17.2B
| $255M | 0.03% |
6,314,780
+3,633,181
| +135% | +$148M |
|
404
Fair Isaac
FICO
$24B
| $253M | 0.03% |
168,871
-751,845
| -82% | -$1.13B |
|
405
Modine Manufacturing
MOD
$10.8B
| $252M | 0.03% |
1,773,043
+445,648
| +34% | +$56.7M |
|
406
Assurant
AIZ
$13.9B
| $251M | 0.03% |
1,157,832
-90,562
| -7% | -$18.4M |
|
407
Coinbase
COIN
$40.6B
| $250M | 0.03% |
740,727
-164,578
| -18% | -$55.8M |
|
408
Pultegroup
PHM
$24.9B
| $250M | 0.03% |
1,891,617
+27,983
| +2% | +$3.48M |
|
409
Upwork
UPWK
$1.08B
| $248M | 0.03% |
13,337,407
+27,531
| +0.2% | +$410K |
|
410
TotalEnergies
TTE
$193B
| $248M | 0.03% |
4,148,614
+68,652
| +2% | +$4.23M |
|
411
Watts Water Technologies
WTS
$12.8B
| $246M | 0.03% |
881,267
+545,609
| +163% | +$146M |
|
412
Yum! Brands
YUM
$41.2B
| $246M | 0.03% |
1,618,599
-172,228
| -10% | -$25.4M |
|
413
StoneX
SNEX
$8.05B
| $243M | 0.03% |
5,426,318
+2,272,043
| +72% | +$96.4M |
|
414
Equity Lifestyle Properties
ELS
$12.6B
| $240M | 0.03% |
3,948,739
+341,996
| +9% | +$20.8M |
|
415
TPG
TPG
$8.86B
| $239M | 0.03% |
4,163,788
-13,839
| -0.3% | -$817K |
|
416
Sterling Infrastructure
STRL
$16.9B
| $238M | 0.03% |
701,258
+381,927
| +120% | +$108M |
|
417
Johnson Controls International
JCI
$91.7B
| $237M | 0.03% |
2,157,437
+312,745
| +17% | +$33.4M |
|
418
Oneok
OKE
$58.4B
| $237M | 0.03% |
3,246,461
+354,837
| +12% | +$27.2M |
|
419
RBC Bearings
RBC
$17.5B
| $237M | 0.03% |
606,357
-822,244
| -58% | -$320M |
|
420
Tidewater
TDW
$4.55B
| $236M | 0.03% |
4,420,463
+274,009
| +7% | +$15M |
|
421
HCA Healthcare
HCA
$89.1B
| $235M | 0.03% |
552,451
-813,787
| -60% | -$315M |
|
422
Waste Management
WM
$89.6B
| $235M | 0.03% |
1,064,112
-23,473
| -2% | -$5.29M |
|
423
Keurig Dr Pepper
KDP
$42.3B
| $235M | 0.03% |
9,204,392
-3,515,511
| -28% | -$110M |
|
424
Suncor Energy
SU
$76.5B
| $234M | 0.03% |
5,608,645
+72,715
| +1% | +$2.92M |
|
425
Kinder Morgan
KMI
$71.4B
| $234M | 0.03% |
8,260,000
+3,085,766
| +60% | +$84.5M |
|
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.