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 | |
|---|---|---|---|---|---|---|
126
CSX Corp
CSX
$92.8B
| $1.33B | 0.14% |
37,381,151
+5,091,974
| +16% | +$174M |
|
127
Wabtec
WAB
$49.9B
| $1.33B | 0.14% |
6,620,759
+15,720
| +0.2% | +$3.1M |
|
128
Lattice Semiconductor
LSCC
$18.4B
| $1.33B | 0.14% |
18,081,074
+1,585,588
| +10% | +$96.5M |
|
129
T. Rowe Price QM US Bond ETF
TAGG
$2.39B
| $1.31B | 0.14% |
15,380,739
+1,645,638
| +12% | +$70.4M |
|
130
CVS Health
CVS
$121B
| $1.31B | 0.14% |
17,397,735
+784,591
| +5% | +$53.8M |
|
131
NextEra Energy
NEE
$179B
| $1.3B | 0.14% |
17,229,714
+656,699
| +4% | +$48M |
|
132
ASML
ASML
$695B
| $1.29B | 0.14% |
1,333,343
-842,062
| -39% | -$662M |
|
133
Equity Residential
EQR
$24.2B
| $1.29B | 0.14% |
19,867,245
-927,721
| -4% | -$60.7M |
|
134
Progressive
PGR
$121B
| $1.26B | 0.14% |
5,120,307
-79,423
| -2% | -$19.6M |
|
135
Corebridge Financial
CRBG
$15.1B
| $1.22B | 0.13% |
38,206,867
-427,308
| -1% | -$14.6M |
|
136
Ares Management
ARES
$32.1B
| $1.21B | 0.13% |
7,570,069
+1,317,049
| +21% | +$238M |
|
137
Hilton Worldwide
HLT
$72.6B
| $1.2B | 0.13% |
4,616,451
+1,203,656
| +35% | +$325M |
|
138
Equinix
EQIX
$105B
| $1.2B | 0.13% |
1,527,546
+59,353
| +4% | +$46.4M |
|
139
Vertex Pharmaceuticals
VRTX
$133B
| $1.19B | 0.13% |
3,043,805
-116,065
| -4% | -$48.5M |
|
140
American Tower
AMT
$79.4B
| $1.19B | 0.13% |
6,197,015
-1,429,317
| -19% | -$298M |
|
|
EXE
141
Expand Energy Corp
EXE
$22.3B
| $1.16B | 0.12% |
10,873,325
-1,281,504
| -11% | -$129M |
|
|
142
Norfolk Southern
NSC
$75.3B
| $1.15B | 0.12% |
3,840,146
-7,101,517
| -65% | -$1.97B |
|
143
Ingersoll Rand
IR
$32.9B
| $1.15B | 0.12% |
13,889,386
-5,440,462
| -28% | -$446M |
|
144
Hartford Financial Services
HIG
$37.7B
| $1.14B | 0.12% |
8,565,521
-1,111,620
| -11% | -$143M |
|
145
Merck
MRK
$328B
| $1.14B | 0.12% |
13,601,321
+2,803,331
| +26% | +$231M |
|
146
Rexford Industrial Realty
REXR
$8.11B
| $1.14B | 0.12% |
27,668,409
+1,078,504
| +4% | +$42.2M |
|
147
Lowe's Companies
LOW
$121B
| $1.13B | 0.12% |
4,516,222
+235,612
| +6% | +$57.9M |
|
148
Rockwell Automation
ROK
$50.1B
| $1.13B | 0.12% |
3,223,188
-1,761,977
| -35% | -$609M |
|
|
FITB
149
Fifth Third Bancorp
FITB
$52.6B
| $1.12B | 0.12% |
25,103,405
+5,416,148
| +28% | +$237M |
|
150
Prologis
PLD
$134B
| $1.12B | 0.12% |
9,747,628
+152,223
| +2% | +$16.7M |
|
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.