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 | |
|---|---|---|---|---|---|---|
101
MetLife
MET
$61.4B
| $1.7B | 0.18% |
20,591,625
+364,326
| +2% | +$28.7M |
|
|
MRSH
102
Marsh
MRSH
$90.1B
| $1.68B | 0.18% |
8,349,764
-1,693,073
| -17% | -$348M |
|
103
Synopsys
SNPS
$79B
| $1.64B | 0.18% |
3,324,439
-2,001,274
| -38% | -$1.13B |
|
104
KLA
KLAC
$272B
| $1.64B | 0.18% |
15,191,440
-2,624,070
| -15% | -$245M |
|
105
AutoZone
AZO
$49.7B
| $1.63B | 0.17% |
379,652
+27,902
| +8% | +$112M |
|
106
Johnson & Johnson
JNJ
$629B
| $1.63B | 0.17% |
8,768,132
+390,599
| +5% | +$66.9M |
|
107
TJX Companies
TJX
$169B
| $1.61B | 0.17% |
11,115,141
+203,278
| +2% | +$27M |
|
108
Travelers Companies
TRV
$77.2B
| $1.6B | 0.17% |
5,742,739
+222,985
| +4% | +$59.7M |
|
109
Costco
COST
$421B
| $1.6B | 0.17% |
1,723,305
+15,749
| +0.9% | +$15.1M |
|
110
GE Vernova
GEV
$277B
| $1.59B | 0.17% |
2,581,269
+39,386
| +2% | +$23.9M |
|
111
HubSpot
HUBS
$10.5B
| $1.57B | 0.17% |
3,357,498
-782,216
| -19% | -$394M |
|
112
Roper Technologies
ROP
$39.1B
| $1.53B | 0.16% |
3,070,763
-1,243,363
| -29% | -$663M |
|
113
Equifax
EFX
$21.2B
| $1.53B | 0.16% |
5,954,420
+60,210
| +1% | +$15.1M |
|
114
Tenet Healthcare
THC
$21.5B
| $1.5B | 0.16% |
7,370,541
+144,704
| +2% | +$25.7M |
|
115
Zimmer Biomet
ZBH
$18.7B
| $1.49B | 0.16% |
15,082,438
+285,834
| +2% | +$28.3M |
|
116
Intel
INTC
$509B
| $1.48B | 0.16% |
44,174,457
+13,406,275
| +44% | +$325M |
|
117
Republic Services
RSG
$65.6B
| $1.46B | 0.16% |
6,345,220
+1,328,610
| +26% | +$312M |
|
118
Monolithic Power Systems
MPWR
$70B
| $1.45B | 0.16% |
1,573,798
-515,006
| -25% | -$418M |
|
119
Tradeweb Markets
TW
$21.9B
| $1.43B | 0.15% |
12,885,216
+4,353,608
| +51% | +$560M |
|
120
Entegris
ENTG
$24.6B
| $1.42B | 0.15% |
15,344,778
+205,263
| +1% | +$17.5M |
|
121
Northrop Grumman
NOC
$82B
| $1.4B | 0.15% |
2,305,606
-384,539
| -14% | -$218M |
|
122
Intercontinental Exchange
ICE
$85B
| $1.38B | 0.15% |
8,215,120
-18,951
| -0.2% | -$3.39M |
|
123
Constellation Energy
CEG
$98.7B
| $1.36B | 0.15% |
4,130,795
-1,751,252
| -30% | -$565M |
|
124
Quest Diagnostics
DGX
$26.2B
| $1.34B | 0.14% |
7,005,990
-188,707
| -3% | -$33.5M |
|
125
Atmos Energy
ATO
$28.7B
| $1.33B | 0.14% |
7,817,196
+73,421
| +0.9% | +$11.9M |
|
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.