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 |
NVIDIA
NVDA
|
+$3.94B |
| 2 |
Broadcom
AVGO
|
+$2.74B |
| 3 |
Microsoft
MSFT
|
+$2.33B |
| 4 |
Advanced Micro Devices
AMD
|
+$1.47B |
| 5 |
GE Aerospace
GE
|
+$1.27B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$3.42B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$2.44B |
| 3 |
Apple
AAPL
|
+$2.42B |
| 4 |
FISV
Fiserv Inc
FISV
|
+$2.3B |
| 5 |
Eli Lilly
LLY
|
+$1.78B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.73% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.97% |
| 4 | Consumer Discretionary | 10.95% |
| 5 | Communication Services | 10.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
US Bancorp
USB
$102B
| $762M | 0.09% |
16,836,068
+3,517,578
| +26% | +$148M |
|
202
Diamondback Energy
FANG
$55.6B
| $754M | 0.09% |
5,489,827
-704,888
| -11% | -$97.7M |
|
203
Fortive
FTV
$18.4B
| $747M | 0.08% |
14,329,845
-3,070,314
| -18% | -$161M |
|
204
O'Reilly Automotive
ORLY
$75.1B
| $736M | 0.08% |
8,160,858
-456,852
| -5% | -$41.7M |
|
205
Wingstop
WING
$3.06B
| $725M | 0.08% |
2,153,254
+506,320
| +31% | +$150M |
|
206
Caterpillar
CAT
$393B
| $720M | 0.08% |
1,855,578
+817,473
| +79% | +$272M |
|
207
SiteOne Landscape Supply
SITE
$4.22B
| $720M | 0.08% |
5,950,906
-128,709
| -2% | -$15.2M |
|
208
RenaissanceRe
RNR
$13.3B
| $717M | 0.08% |
2,952,379
+456,344
| +18% | +$111M |
|
|
CYBR
209
DELISTED
CyberArk
CYBR
| $714M | 0.08% |
1,755,137
+775,956
| +79% | +$283M |
|
210
Regency Centers
REG
$14B
| $704M | 0.08% |
9,878,023
-31,621
| -0.3% | -$2.26M |
|
211
Viatris
VTRS
$18.7B
| $703M | 0.08% |
78,772,616
+4,311,308
| +6% | +$36.5M |
|
212
T. Rowe Price US High Yield ETF
THYF
$853M
| – | – |
0
| – | – |
|
213
Honeywell
HON
$74.1B
| $698M | 0.08% |
3,180,353
-313,667
| -9% | -$63.5M |
|
214
Ferguson
FERG
$47.1B
| $695M | 0.08% |
3,193,783
-1,260,684
| -28% | -$232M |
|
215
CF Industries
CF
$17.8B
| $693M | 0.08% |
7,534,501
-437,192
| -5% | -$37.2M |
|
216
Las Vegas Sands
LVS
$29.7B
| $691M | 0.08% |
15,883,760
+160,944
| +1% | +$6.26M |
|
217
Intel
INTC
$533B
| $689M | 0.08% |
30,768,182
+938,797
| +3% | +$19.5M |
|
218
Marriott International
MAR
$92.5B
| $672M | 0.08% |
2,458,367
-24,472
| -1% | -$6.14M |
|
219
Lam Research
LRCX
$418B
| $670M | 0.08% |
6,879,899
+1,140,678
| +20% | +$90.5M |
|
220
American International
AIG
$39.8B
| $666M | 0.08% |
7,786,024
-4,263,025
| -35% | -$355M |
|
221
Cummins
CMI
$87.3B
| $665M | 0.08% |
2,031,243
-490,521
| -19% | -$152M |
|
222
Baxter International
BAX
$13.9B
| $665M | 0.08% |
21,962,331
+1,650,695
| +8% | +$50.1M |
|
223
Adobe
ADBE
$103B
| $663M | 0.08% |
1,712,954
-300,301
| -15% | -$116M |
|
224
NXP Semiconductors
NXPI
$59.3B
| $662M | 0.08% |
3,030,158
-312,517
| -9% | -$61.1M |
|
225
Paylocity
PCTY
$7.67B
| $660M | 0.07% |
3,643,498
-644,016
| -15% | -$121M |
|
Similar funds
T. Rowe Price Associates's Q2 2025 Portfolio in Review
As of Q2 2025, T. Rowe Price Associates held 3,193 positions worth $883B, up 8.8% from $812B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
T. Rowe Price Associates's Q2 2025 filing shows 153 new, 2,010 increased, 803 reduced and 136 closed positions. Its largest new stake was Ralliant Corp: 4,667,638 shares worth $226M. The largest sale was Amazon, an estimated $3.42B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 30% a quarter earlier, followed by Financials and Healthcare.
- T. Rowe Price Associates's largest Q2 2025 buy was Ralliant Corp: 4,667,638 shares worth $226M.
- T. Rowe Price Associates added most to NVIDIA in Q2 2025, an estimated $3.94B increase.
- T. Rowe Price Associates's biggest Q2 2025 reduction was Amazon, cutting an estimated $3.42B.
- T. Rowe Price Associates fully exited US Steel in Q2 2025, selling an estimated $146M.
- T. Rowe Price Associates's ten largest holdings make up 36% of its $883B portfolio in Q2 2025.
- T. Rowe Price Associates opened 153 new positions and closed 136 in Q2 2025.
- T. Rowe Price Associates's portfolio value rose 8.8% quarter-over-quarter to $883B.
Based on T. Rowe Price Associates's 13F filing for Q2 2025, filed 14 Aug 2025.