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 | |
|---|---|---|---|---|---|---|
701
Mine Safety
MSA
$7.34B
| $67.7M | 0.01% |
393,224
-754,502
| -66% | -$130M |
|
702
Houlihan Lokey
HLI
$8.76B
| $67.6M | 0.01% |
329,448
+291,442
| +767% | +$57.1M |
|
|
BELFB
703
Bel Fuse Inc Class B
BELFB
$4.23B
| $67.5M | 0.01% |
478,698
+325,724
| +213% | +$41.5M |
|
704
Deckers Outdoor
DECK
$12.6B
| $67.2M | 0.01% |
663,105
-1,092,304
| -62% | -$119M |
|
705
T. Rowe Price Dividend Growth ETF
TDVG
$1.45B
| $67M | 0.01% |
1,525,001
| – | – |
|
706
Mercury Systems
MRCY
$6.6B
| $67M | 0.01% |
866,077
+822,089
| +1,869% | +$51.1M |
|
707
Edwards Lifesciences
EW
$53.5B
| $66.8M | 0.01% |
858,837
-1,255
| -0.1% | -$98.1K |
|
708
Agios Pharmaceuticals
AGIO
$2.01B
| $66.5M | 0.01% |
1,656,938
-617,311
| -27% | -$23.2M |
|
709
Casey's General Stores
CASY
$31.5B
| $66.5M | 0.01% |
117,560
-55,537
| -32% | -$29.1M |
|
710
CRH
CRH
$65.7B
| $66.4M | 0.01% |
553,761
+37,537
| +7% | +$3.96M |
|
711
Denali Therapeutics
DNLI
$4.03B
| $66.3M | 0.01% |
4,568,368
-2,013,927
| -31% | -$28.9M |
|
712
Incyte
INCY
$24.4B
| $66.3M | 0.01% |
781,349
+550,560
| +239% | +$43.5M |
|
713
Fulton Financial
FULT
$4.7B
| $65.9M | 0.01% |
3,536,562
+2,972,786
| +527% | +$56.3M |
|
714
Simpson Manufacturing
SSD
$8.01B
| $65.9M | 0.01% |
393,382
+616
| +0.2% | +$110K |
|
715
Patrick Industries
PATK
$2.78B
| $65.8M | 0.01% |
636,138
+606,023
| +2,012% | +$63.7M |
|
716
Interactive Brokers
IBKR
$41.8B
| $65.6M | 0.01% |
952,766
+578,611
| +155% | +$36.4M |
|
717
Raymond James Financial
RJF
$34.7B
| $65.1M | 0.01% |
377,152
+69,907
| +23% | +$11.6M |
|
718
DraftKings
DKNG
$12.5B
| $65.1M | 0.01% |
1,740,305
+2,777
| +0.2% | +$123K |
|
719
The Bancorp
TBBK
$2.83B
| $64M | 0.01% |
854,932
-14,234
| -2% | -$992K |
|
720
CG Oncology
CGON
$6.68B
| $64M | 0.01% |
1,588,758
-424,932
| -21% | -$12.4M |
|
721
Tenaris
TS
$26.6B
| $63.9M | 0.01% |
1,787,345
+89,348
| +5% | +$3.24M |
|
722
Steris
STE
$22.9B
| $63.6M | 0.01% |
257,101
+6,809
| +3% | +$1.63M |
|
723
Brown & Brown
BRO
$23.7B
| $63.6M | 0.01% |
678,077
-28,890
| -4% | -$2.82M |
|
724
Guidewire Software
GWRE
$14.6B
| $62.9M | 0.01% |
273,780
+14,951
| +6% | +$3.4M |
|
725
Alliant Energy
LNT
$18.3B
| $62.9M | 0.01% |
933,379
+563,605
| +152% | +$36.4M |
|
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.