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 | |
|---|---|---|---|---|---|---|
26
Linde
LIN
$223B
| $4.53B | 0.51% |
9,646,222
+45,925
| +0.5% | +$21M |
|
27
T-Mobile US
TMUS
$190B
| $4.31B | 0.49% |
18,101,942
+1,799,333
| +11% | +$439M |
|
28
Procter & Gamble
PG
$335B
| $4.3B | 0.49% |
27,008,254
+5,527,584
| +26% | +$902M |
|
29
Amphenol
APH
$211B
| $4.12B | 0.47% |
41,673,012
-435,413
| -1% | -$35.6M |
|
30
Chubb
CB
$134B
| $4.09B | 0.46% |
14,130,930
-443,511
| -3% | -$128M |
|
31
ConocoPhillips
COP
$151B
| $3.89B | 0.44% |
43,315,371
+3,507,962
| +9% | +$316M |
|
32
Home Depot
HD
$343B
| $3.86B | 0.44% |
10,529,647
+1,276,355
| +14% | +$462M |
|
|
33
Advanced Micro Devices
AMD
$797B
| $3.73B | 0.42% |
26,269,693
+13,526,953
| +106% | +$1.47B |
|
34
Shopify
SHOP
$193B
| $3.65B | 0.41% |
31,673,935
-2,335,031
| -7% | -$234M |
|
35
AstraZeneca
AZN
$245B
| $3.63B | 0.41% |
25,971,482
-2,571,959
| -9% | -$360M |
|
36
ExxonMobil
XOM
$653B
| $3.56B | 0.4% |
33,062,597
-11,221,558
| -25% | -$1.2B |
|
37
Deere & Co
DE
$166B
| $3.53B | 0.4% |
6,936,073
+60,060
| +0.9% | +$29.4M |
|
38
Mercado Libre
MELI
$95.8B
| $3.52B | 0.4% |
1,346,203
-25,108
| -2% | -$58.6M |
|
39
Kenvue
KVUE
$36.3B
| $3.52B | 0.4% |
168,041,407
-44,218,016
| -21% | -$1.01B |
|
40
Walmart Inc
WMT
$915B
| $3.47B | 0.39% |
35,483,512
-5,324,627
| -13% | -$507M |
|
41
Cigna
CI
$72.3B
| $3.4B | 0.39% |
10,293,832
-1,762,974
| -15% | -$568M |
|
42
Citigroup
C
$232B
| $3.34B | 0.38% |
39,250,186
-1,851,273
| -5% | -$134M |
|
43
Colgate-Palmolive
CL
$73.7B
| $3.32B | 0.38% |
36,548,177
+2,539,099
| +7% | +$232M |
|
44
Boeing
BA
$182B
| $3.3B | 0.37% |
15,764,185
-1,634,288
| -9% | -$309M |
|
45
Danaher
DHR
$144B
| $3.28B | 0.37% |
16,616,134
-2,976,077
| -15% | -$577M |
|
|
FISV
46
Fiserv Inc
FISV
$27B
| $3.22B | 0.37% |
18,694,894
-12,695,931
| -40% | -$2.3B |
|
|
XYZ
47
Block Inc
XYZ
$46.5B
| $3.21B | 0.36% |
47,318,323
+20,396,389
| +76% | +$1.19B |
|
48
Elevance Health
ELV
$85.3B
| $3.14B | 0.36% |
8,085,205
-1,057,358
| -12% | -$425M |
|
49
Allstate
ALL
$65.5B
| $3.14B | 0.36% |
15,590,671
+3,881,061
| +33% | +$774M |
|
50
Keysight
KEYS
$60.3B
| $3.11B | 0.35% |
18,957,636
+167,536
| +0.9% | +$25.5M |
|
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.