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 | |
|---|---|---|---|---|---|---|
1001
Host Hotels & Resorts
HST
$15.6B
| $15.7M | ﹤0.01% |
1,024,992
+3,393
| +0.3% | +$50.3K |
|
1002
Incyte
INCY
$24.4B
| $15.7M | ﹤0.01% |
230,789
-246,251
| -52% | -$15.6M |
|
1003
Vale
VALE
$58.7B
| $15.6M | ﹤0.01% |
1,609,337
-6,408,914
| -80% | -$60.4M |
|
1004
Tarsus Pharmaceuticals
TARS
$3.02B
| $15.6M | ﹤0.01% |
383,902
-49,269
| -11% | -$2.22M |
|
1005
SharkNinja
SN
$26.6B
| $15.5M | ﹤0.01% |
156,194
+84,178
| +117% | +$7.28M |
|
1006
A.O. Smith
AOS
$8.49B
| $15.5M | ﹤0.01% |
235,739
-2,568
| -1% | -$168K |
|
1007
First Citizens BancShares
FCNCA
$25.6B
| $15.4M | ﹤0.01% |
7,869
-430
| -5% | -$780K |
|
1008
PennyMac Financial
PFSI
$4.13B
| $15.4M | ﹤0.01% |
154,413
+2,335
| +2% | +$226K |
|
|
MBX
1009
MBX Biosciences
MBX
$3.23B
| $15.4M | ﹤0.01% |
1,346,910
+245,994
| +22% | +$2.51M |
|
1010
J.M. Smucker
SJM
$12.9B
| $15.3M | ﹤0.01% |
155,308
-235
| -0.2% | -$25.8K |
|
1011
Solventum
SOLV
$14.7B
| $15.2M | ﹤0.01% |
201,007
-34
| -0% | -$2.41K |
|
1012
Ingredion
INGR
$6.63B
| $15.2M | ﹤0.01% |
112,294
+13,452
| +14% | +$1.82M |
|
1013
Toll Brothers
TOL
$14B
| $15.2M | ﹤0.01% |
133,171
-28,578
| -18% | -$2.97M |
|
1014
Red Rock Resorts
RRR
$3.67B
| $15.2M | ﹤0.01% |
291,949
+6,964
| +2% | +$318K |
|
1015
Globe Life
GL
$14B
| $15.2M | ﹤0.01% |
121,977
+1,831
| +2% | +$222K |
|
1016
HEICO Corp Class A
HEI.A
$38.1B
| $15.1M | ﹤0.01% |
58,358
-782
| -1% | -$171K |
|
1017
Pinnacle West Capital
PNW
$12.2B
| $15.1M | ﹤0.01% |
168,595
+9,979
| +6% | +$913K |
|
1018
iShares MSCI ACWI ex US ETF
ACWX
$12B
| $15.1M | ﹤0.01% |
247,240
| – | – |
|
1019
AnaptysBio
ANAB
$1.66B
| $14.9M | ﹤0.01% |
673,171
-241,910
| -26% | -$5.06M |
|
|
BELFB
1020
Bel Fuse Inc Class B
BELFB
$4.13B
| $14.9M | ﹤0.01% |
152,974
+148,424
| +3,262% | +$11.2M |
|
|
SION
1021
Sionna Therapeutics
SION
$296M
| $14.9M | ﹤0.01% |
861,238
-134,974
| -14% | -$1.77M |
|
|
FLOC
1022
Flowco Holdings
FLOC
$1B
| $14.9M | ﹤0.01% |
836,732
-475,468
| -36% | -$9.09M |
|
1023
Healthcare Realty
HR
$6.58B
| $14.9M | ﹤0.01% |
937,564
+701,854
| +298% | +$10.7M |
|
1024
CarMax
KMX
$8.52B
| $14.8M | ﹤0.01% |
219,596
+179
| +0.1% | +$12K |
|
1025
Huron Consulting
HURN
$2.47B
| $14.7M | ﹤0.01% |
106,901
+87,842
| +461% | +$12.5M |
|
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.