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 |
Lam Research
LRCX
|
+$1.66B |
| 2 |
KLA
KLAC
|
+$1.39B |
| 3 |
T-Mobile US
TMUS
|
+$1.38B |
| 4 |
Eli Lilly
LLY
|
+$1.37B |
| 5 |
CSX Corp
CSX
|
+$1.18B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$4.2B |
| 2 |
Microsoft
MSFT
|
+$3.24B |
| 3 |
Amazon
AMZN
|
+$2.75B |
| 4 |
Netflix
NFLX
|
+$2.53B |
| 5 |
Apple
AAPL
|
+$2.48B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.66% |
| 2 | Financials | 11.78% |
| 3 | Healthcare | 11.44% |
| 4 | Consumer Discretionary | 10.75% |
| 5 | Communication Services | 10.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Burlington
BURL
$22.4B
| $230M | 0.02% |
796,002
+20,352
| +3% | +$5.52M |
|
427
Canadian Natural Resources
CNQ
$98.1B
| $228M | 0.02% |
6,750,206
-418,963
| -6% | -$13.6M |
|
428
TPG
TPG
$8.86B
| $227M | 0.02% |
3,558,545
-605,243
| -15% | -$35.7M |
|
429
eBay
EBAY
$46.5B
| $227M | 0.02% |
2,601,212
-1,116,127
| -30% | -$96.6M |
|
430
Terreno Realty
TRNO
$7.5B
| $226M | 0.02% |
3,856,662
-154,015
| -4% | -$9.27M |
|
431
Nucor
NUE
$61.8B
| $226M | 0.02% |
1,386,062
-76,990
| -5% | -$11.6M |
|
432
Ferrari
RACE
$72.5B
| $225M | 0.02% |
607,812
-1,512,504
| -71% | -$605M |
|
433
Watts Water Technologies
WTS
$12.8B
| $223M | 0.02% |
807,689
-73,578
| -8% | -$20.3M |
|
434
Suncor Energy
SU
$76.5B
| $222M | 0.02% |
5,007,854
-600,791
| -11% | -$25.4M |
|
435
West Fraser Timber
WFG
$5.45B
| $221M | 0.02% |
3,613,139
+802,477
| +29% | +$50.2M |
|
436
Tidewater
TDW
$4.55B
| $220M | 0.02% |
4,354,160
-66,303
| -1% | -$3.5M |
|
|
JBTM
437
JBT Marel
JBTM
$6.1B
| $220M | 0.02% |
1,458,953
+233,914
| +19% | +$33M |
|
438
Willis Towers Watson
WTW
$31B
| $218M | 0.02% |
664,287
-283,300
| -30% | -$92.7M |
|
|
Q
439
Qnity Electronics Inc
Q
$29.8B
| $218M | 0.02% |
+2,667,214
| New | +$227M |
|
440
Rayonier
RYN
$6.54B
| $216M | 0.02% |
9,988,376
-792,222
| -7% | -$17.9M |
|
|
NUVL
441
DELISTED
Nuvalent
NUVL
| $216M | 0.02% |
2,146,938
+336,518
| +19% | +$33.2M |
|
442
CDW
CDW
$17.8B
| $216M | 0.02% |
1,583,948
+173,560
| +12% | +$25.6M |
|
443
Verra Mobility
VRRM
$731M
| $215M | 0.02% |
9,612,398
-2,303,146
| -19% | -$52.6M |
|
444
Reddit
RDDT
$30.4B
| $214M | 0.02% |
929,266
+380,414
| +69% | +$80M |
|
445
Nextpower Inc
NXT
$15.9B
| $212M | 0.02% |
2,429,410
+111,782
| +5% | +$10.1M |
|
446
First Solar
FSLR
$24B
| $211M | 0.02% |
809,217
-427,084
| -35% | -$108M |
|
447
T. Rowe Price Small-Mid Cap ETF
TMSL
$2.93B
| $211M | 0.02% |
5,861,191
+723,445
| +14% | +$25.7M |
|
448
Corteva
CTVA
$50.6B
| $210M | 0.02% |
3,134,672
-152,058
| -5% | -$9.83M |
|
449
Evercore
EVR
$12B
| $210M | 0.02% |
617,332
+5,513
| +0.9% | +$1.77M |
|
450
Cameco
CCJ
$42.6B
| $209M | 0.02% |
2,279,913
-147,031
| -6% | -$13.2M |
|
Similar funds
T. Rowe Price Associates's Q4 2025 Portfolio in Review
As of Q4 2025, T. Rowe Price Associates held 3,154 positions worth $927B, down 0.78% from $935B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
T. Rowe Price Associates's Q4 2025 filing shows 113 new, 1,841 increased, 860 reduced and 65 closed positions. Its largest new stake was Medline Inc: 7,325,104 shares worth $308M. The largest sale was NVIDIA, an estimated $4.2B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 36% a quarter earlier, followed by Financials and Healthcare.
- T. Rowe Price Associates's largest Q4 2025 buy was Medline Inc: 7,325,104 shares worth $308M.
- T. Rowe Price Associates added most to Lam Research in Q4 2025, an estimated $1.66B increase.
- T. Rowe Price Associates's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $4.2B.
- T. Rowe Price Associates fully exited Akero Therapeutics in Q4 2025, selling an estimated $181M.
- T. Rowe Price Associates's ten largest holdings make up 37% of its $927B portfolio in Q4 2025.
- T. Rowe Price Associates opened 113 new positions and closed 65 in Q4 2025.
- T. Rowe Price Associates's portfolio value fell 0.78% quarter-over-quarter to $927B.
Based on T. Rowe Price Associates's 13F filing for Q4 2025, filed 17 Feb 2026.