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 | |
|---|---|---|---|---|---|---|
1226
Five Below
FIVE
$13.4B
| $5.74M | ﹤0.01% |
43,774
+1,280
| +3% | +$125K |
|
|
TMHC
1227
DELISTED
Taylor Morrison
TMHC
| $5.72M | ﹤0.01% |
93,123
-1,086
| -1% | -$63.1K |
|
1228
Unity
U
$20.2B
| $5.71M | ﹤0.01% |
235,903
+11,510
| +5% | +$253K |
|
1229
Old National Bancorp
ONB
$10.4B
| $5.7M | ﹤0.01% |
267,257
+22,124
| +9% | +$458K |
|
1230
Chewy
CHWY
$9.2B
| $5.68M | ﹤0.01% |
133,337
+81,482
| +157% | +$3.25M |
|
1231
Elanco Animal Health
ELAN
$11.2B
| $5.64M | ﹤0.01% |
395,198
-6,717
| -2% | -$78.5K |
|
1232
Zions Bancorporation
ZION
$10.5B
| $5.64M | ﹤0.01% |
108,618
+2,077
| +2% | +$97.4K |
|
1233
James River Group Holdings
JRVR
$200M
| $5.62M | ﹤0.01% |
959,219
+19,000
| +2% | +$96.3K |
|
1234
Kyverna Therapeutics
KYTX
$500M
| $5.62M | ﹤0.01% |
1,830,501
+1,250,897
| +216% | +$3.09M |
|
1235
News Corp Class B
NWS
$17.8B
| $5.59M | ﹤0.01% |
162,939
-13,387
| -8% | -$424K |
|
1236
Wintrust Financial
WTFC
$11B
| $5.55M | ﹤0.01% |
44,750
+1,766
| +4% | +$203K |
|
1237
Qorvo
QRVO
$8.68B
| $5.53M | ﹤0.01% |
65,153
+3,024
| +5% | +$218K |
|
1238
Banco Santander Chile
BSAC
$16.1B
| $5.51M | ﹤0.01% |
218,550
| – | – |
|
1239
iShares Core MSCI EAFE ETF
IEFA
$196B
| $5.5M | ﹤0.01% |
65,882
-130,703
| -66% | -$10.4M |
|
1240
Bentley Systems
BSY
$11B
| $5.5M | ﹤0.01% |
101,867
+2,106
| +2% | +$97.5K |
|
1241
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $5.5M | ﹤0.01% |
113,970
| – | – |
|
1242
BorgWarner
BWA
$13.8B
| $5.49M | ﹤0.01% |
163,833
+2,721
| +2% | +$83.4K |
|
1243
Flowserve
FLS
$10.3B
| $5.38M | ﹤0.01% |
102,846
+1,487
| +1% | +$69.9K |
|
1244
Commerce Bancshares
CBSH
$8.61B
| $5.36M | ﹤0.01% |
90,490
-283
| -0.3% | -$16.6K |
|
1245
Zai Lab
ZLAB
$2.92B
| $5.35M | ﹤0.01% |
153,037
-2,115,179
| -93% | -$69.5M |
|
1246
Armstrong World Industries
AWI
$7.68B
| $5.28M | ﹤0.01% |
32,480
+142
| +0.4% | +$21.1K |
|
1247
American Airlines Group
AAL
$9.97B
| $5.26M | ﹤0.01% |
468,459
+15,240
| +3% | +$163K |
|
1248
Clearway Energy Class C
CWEN
$7.02B
| $5.24M | ﹤0.01% |
163,586
+23,422
| +17% | +$700K |
|
1249
Astera Labs
ALAB
$56B
| $5.19M | ﹤0.01% |
57,409
+14,270
| +33% | +$1.13M |
|
1250
Coca-Cola Femsa
KOF
$22.9B
| $5.17M | ﹤0.01% |
53,400
-18,600
| -26% | -$1.76M |
|
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.