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 | |
|---|---|---|---|---|---|---|
|
BA.PRA
451
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$8.19B
| – | – |
0
| – | – |
|
452
Hamilton Lane
HLNE
$5.69B
| $180M | 0.02% |
1,265,567
-102,806
| -8% | -$15.5M |
|
453
Upwork
UPWK
$1.05B
| $179M | 0.02% |
13,309,876
-1,785,022
| -12% | -$25.6M |
|
454
Vulcan Materials
VMC
$36.3B
| $178M | 0.02% |
682,698
-96,342
| -12% | -$24.8M |
|
455
PTC
PTC
$16.1B
| $177M | 0.02% |
1,026,986
+319,896
| +45% | +$51.6M |
|
456
Globant
GLOB
$1.67B
| $177M | 0.02% |
1,947,507
-1,452,890
| -43% | -$155M |
|
457
Evercore
EVR
$11.5B
| $177M | 0.02% |
654,335
+141,174
| +28% | +$31.1M |
|
458
Installed Building Products
IBP
$6.46B
| $176M | 0.02% |
978,668
+778,861
| +390% | +$130M |
|
459
Acadia Realty Trust
AKR
$2.84B
| $175M | 0.02% |
9,432,621
+519,896
| +6% | +$10.1M |
|
460
Illinois Tool Works
ITW
$83.3B
| $175M | 0.02% |
707,933
+693
| +0.1% | +$167K |
|
461
Dentsply Sirona
XRAY
$2.27B
| $174M | 0.02% |
10,946,872
-3,014,887
| -22% | -$45.1M |
|
462
Textron
TXT
$15.3B
| $174M | 0.02% |
2,164,414
-414,096
| -16% | -$30M |
|
463
Mattel
MAT
$4.19B
| $174M | 0.02% |
8,798,274
-1,110,515
| -11% | -$19.8M |
|
464
T. Rowe Price Small-Mid Cap ETF
TMSL
$2.93B
| $173M | 0.02% |
5,288,937
+1,119,777
| +27% | +$34.4M |
|
465
Revolution Medicines
RVMD
$44B
| $173M | 0.02% |
4,701,962
-897,680
| -16% | -$34.5M |
|
466
Icon
ICLR
$12.9B
| $173M | 0.02% |
1,187,587
-522,638
| -31% | -$74.1M |
|
467
Encompass Health
EHC
$12.3B
| $173M | 0.02% |
1,407,721
-414,655
| -23% | -$47.4M |
|
468
Quanta Services
PWR
$102B
| $172M | 0.02% |
456,222
+142,558
| +45% | +$45.8M |
|
469
Workday
WDAY
$43.3B
| $170M | 0.02% |
709,217
-370,700
| -34% | -$90.3M |
|
|
VRNA
470
DELISTED
Verona Pharma
VRNA
| $169M | 0.02% |
1,789,513
-76,767
| -4% | -$5.68M |
|
471
Realty Income
O
$59.2B
| $168M | 0.02% |
2,923,631
-1,498,410
| -34% | -$84.7M |
|
472
lululemon athletica
LULU
$13.7B
| $168M | 0.02% |
708,481
-4,302,427
| -86% | -$1.19B |
|
|
SMA
473
SmartStop Self Storage REIT
SMA
$1.87B
| $168M | 0.02% |
+4,643,758
| New | +$164M |
|
474
Liberty Broadband Class C
LBRDK
$5.07B
| $167M | 0.02% |
1,702,035
+1,042,705
| +158% | +$93.5M |
|
|
LINE
475
Lineage Inc
LINE
$9.45B
| $167M | 0.02% |
3,837,816
-526,881
| -12% | -$25.4M |
|
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.