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 | |
|---|---|---|---|---|---|---|
51
Sherwin-Williams
SHW
$87.4B
| $3.09B | 0.35% |
9,013,651
+356,115
| +4% | +$123M |
|
52
Chipotle Mexican Grill
CMG
$41.3B
| $3.01B | 0.34% |
53,573,979
-3,253,353
| -6% | -$166M |
|
53
TSMC
TSM
$2.23T
| $3.01B | 0.34% |
13,269,992
+919,753
| +7% | +$170M |
|
54
Texas Instruments
TXN
$253B
| $2.96B | 0.34% |
14,254,553
+1,056,690
| +8% | +$188M |
|
55
Norfolk Southern
NSC
$75.3B
| $2.8B | 0.32% |
10,941,663
-377,347
| -3% | -$89M |
|
56
Ameren
AEE
$30.1B
| $2.77B | 0.31% |
28,873,738
+469,161
| +2% | +$45.5M |
|
57
SLB Ltd
SLB
$78.1B
| $2.76B | 0.31% |
81,597,781
+7,381,430
| +10% | +$256M |
|
58
argenx
ARGX
$54.8B
| $2.75B | 0.31% |
4,979,976
-404,610
| -8% | -$235M |
|
59
Synopsys
SNPS
$79B
| $2.73B | 0.31% |
5,325,713
-86,505
| -2% | -$40.3M |
|
60
Gilead Sciences
GILD
$168B
| $2.62B | 0.3% |
23,586,692
+8,883,589
| +60% | +$945M |
|
61
International Paper
IP
$21.8B
| $2.52B | 0.29% |
53,773,957
+1,975,940
| +4% | +$93.4M |
|
62
Sea Limited
SE
$78.5B
| $2.5B | 0.28% |
15,631,250
+6,050,974
| +63% | +$876M |
|
63
Roper Technologies
ROP
$39.1B
| $2.45B | 0.28% |
4,314,126
-1,649,414
| -28% | -$932M |
|
64
Howmet Aerospace
HWM
$112B
| $2.44B | 0.28% |
13,126,041
+405,480
| +3% | +$62.4M |
|
65
Analog Devices
ADI
$187B
| $2.39B | 0.27% |
10,059,411
-1,365,673
| -12% | -$284M |
|
66
Goldman Sachs
GS
$302B
| $2.37B | 0.27% |
3,353,481
-226,225
| -6% | -$131M |
|
67
Cencora
COR
$60B
| $2.34B | 0.26% |
7,794,568
-1,852,742
| -19% | -$534M |
|
68
American Express
AXP
$232B
| $2.33B | 0.26% |
7,319,563
+53,262
| +0.7% | +$15M |
|
69
Accenture
ACN
$110B
| $2.31B | 0.26% |
7,744,845
-1,208,776
| -14% | -$368M |
|
70
HubSpot
HUBS
$10.5B
| $2.3B | 0.26% |
4,139,714
-770,348
| -16% | -$451M |
|
71
Coca-Cola
KO
$373B
| $2.28B | 0.26% |
32,178,656
-1,909,685
| -6% | -$136M |
|
72
McDonald's
MCD
$195B
| $2.27B | 0.26% |
7,761,457
-1,580,003
| -17% | -$487M |
|
73
Thermo Fisher Scientific
TMO
$223B
| $2.25B | 0.26% |
5,558,659
-3,746,173
| -40% | -$1.57B |
|
74
Salesforce
CRM
$158B
| $2.22B | 0.25% |
8,143,490
+834,090
| +11% | +$223M |
|
|
MRSH
75
Marsh
MRSH
$90.1B
| $2.2B | 0.25% |
10,042,837
+1,515,596
| +18% | +$342M |
|
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.