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 | |
|---|---|---|---|---|---|---|
26
T-Mobile US
TMUS
$190B
| $5.09B | 0.54% |
21,278,097
+3,176,155
| +18% | +$769M |
|
27
Booking.com
BKNG
$159B
| $4.52B | 0.48% |
20,935,525
-977,250
| -4% | -$218M |
|
28
Procter & Gamble
PG
$335B
| $4.38B | 0.47% |
28,521,735
+1,513,481
| +6% | +$236M |
|
29
Intuit
INTU
$91.6B
| $4.32B | 0.46% |
6,323,876
-1,916,133
| -23% | -$1.38B |
|
30
Linde
LIN
$221B
| $4.32B | 0.46% |
9,088,600
-557,622
| -6% | -$264M |
|
31
Applovin
APP
$102B
| $4.22B | 0.45% |
5,877,386
+204,864
| +4% | +$94.5M |
|
32
Home Depot
HD
$342B
| $4.22B | 0.45% |
10,402,982
-126,665
| -1% | -$49.8M |
|
33
ConocoPhillips
COP
$153B
| $4.14B | 0.44% |
43,804,396
+489,025
| +1% | +$46.2M |
|
34
Stryker
SYK
$133B
| $4.07B | 0.44% |
10,997,948
-900,546
| -8% | -$348M |
|
35
Shopify
SHOP
$194B
| $3.93B | 0.42% |
26,433,139
-5,240,796
| -17% | -$711M |
|
36
AstraZeneca
AZN
$246B
| $3.77B | 0.4% |
24,562,238
-1,409,244
| -5% | -$213M |
|
37
Walmart Inc
WMT
$923B
| $3.74B | 0.4% |
36,288,232
+804,720
| +2% | +$80.1M |
|
38
Citigroup
C
$231B
| $3.63B | 0.39% |
35,785,153
-3,465,033
| -9% | -$329M |
|
39
ExxonMobil
XOM
$657B
| $3.56B | 0.38% |
31,564,916
-1,497,681
| -5% | -$166M |
|
|
XYZ
40
Block Inc
XYZ
$47B
| $3.47B | 0.37% |
48,030,833
+712,510
| +2% | +$53.3M |
|
41
Deere & Co
DE
$167B
| $3.45B | 0.37% |
7,534,293
+598,220
| +9% | +$295M |
|
42
Mercado Libre
MELI
$92.7B
| $3.38B | 0.36% |
1,445,971
+99,768
| +7% | +$239M |
|
43
Chubb
CB
$132B
| $3.36B | 0.36% |
11,897,812
-2,233,118
| -16% | -$615M |
|
44
Advanced Micro Devices
AMD
$788B
| $3.28B | 0.35% |
20,269,319
-6,000,374
| -23% | -$968M |
|
45
Cigna
CI
$73.3B
| $3.26B | 0.35% |
11,302,366
+1,008,534
| +10% | +$298M |
|
|
46
Caterpillar
CAT
$393B
| $3.25B | 0.35% |
6,812,530
+4,956,952
| +267% | +$2.12B |
|
47
TSMC
TSM
$2.23T
| $3.2B | 0.34% |
11,475,397
-1,794,595
| -14% | -$439M |
|
48
Thermo Fisher Scientific
TMO
$223B
| $3.14B | 0.34% |
6,470,481
+911,822
| +16% | +$424M |
|
49
International Paper
IP
$21.8B
| $3.07B | 0.33% |
66,221,329
+12,447,372
| +23% | +$608M |
|
50
Sherwin-Williams
SHW
$87.4B
| $3.07B | 0.33% |
8,858,868
-154,783
| -2% | -$54.6M |
|
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.