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 |
Alphabet (Google) Class A
GOOGL
|
+$7.49B |
| 2 |
Micron Technology
MU
|
+$6.62B |
| 3 |
Lam Research
LRCX
|
+$3.45B |
| 4 |
Applied Materials
AMAT
|
+$3.03B |
| 5 |
Advanced Micro Devices
AMD
|
+$2.91B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$12.1B |
| 2 |
Apple
AAPL
|
+$11.6B |
| 3 |
Amazon
AMZN
|
+$3.54B |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$3.07B |
| 5 |
Keysight
KEYS
|
+$1.82B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.73% |
| 2 | Healthcare | 11.3% |
| 3 | Financials | 10.32% |
| 4 | Communication Services | 9.66% |
| 5 | Industrials | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Progressive
PGR
$119B
| $1.12B | 0.11% |
5,126,343
-15,474
| -0.3% | -$3.12M |
|
152
Williams Companies
WMB
$84.7B
| $1.11B | 0.11% |
14,897,067
-1,033,096
| -6% | -$76M |
|
153
Medpace
MEDP
$17.3B
| $1.1B | 0.11% |
2,069,677
+1,780,170
| +615% | +$822M |
|
154
Fabrinet
FN
$15B
| $1.09B | 0.11% |
1,940,957
-1,901,863
| -49% | -$1.23B |
|
155
Viatris
VTRS
$20.5B
| $1.08B | 0.11% |
68,214,436
+2,350,332
| +4% | +$36.4M |
|
156
IBM
IBM
$212B
| $1.08B | 0.11% |
3,828,617
-1,041,744
| -21% | -$262M |
|
157
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$8.83B
| $1.07B | 0.11% |
26,042,943
+1,777,139
| +7% | +$70.2M |
|
158
Eaton
ETN
$171B
| $1.06B | 0.11% |
2,497,387
+1,585,861
| +174% | +$640M |
|
159
Range Resources
RRC
$9.02B
| $1.05B | 0.11% |
28,248,416
+1,053,115
| +4% | +$42.8M |
|
|
AXON
160
Axon Enterprise
AXON
$34.9B
| $1.05B | 0.11% |
1,871,812
+1,083,176
| +137% | +$453M |
|
161
Constellation Energy
CEG
$93.3B
| $1.05B | 0.1% |
4,219,123
-1,255,200
| -23% | -$353M |
|
162
Prologis
PLD
$126B
| $1.05B | 0.1% |
7,732,377
-1,443,554
| -16% | -$205M |
|
163
Stanley Black & Decker
SWK
$13.8B
| $1.04B | 0.1% |
11,055,174
+1,023,442
| +10% | +$80.2M |
|
164
Aon
AON
$59B
| $1.04B | 0.1% |
3,136,640
+1,855,714
| +145% | +$599M |
|
165
Canadian Natural Resources
CNQ
$97.7B
| $1.03B | 0.1% |
26,101,709
+3,094,883
| +13% | +$141M |
|
166
American International
AIG
$38.8B
| $1.03B | 0.1% |
13,777,317
-97,989
| -0.7% | -$7.45M |
|
167
Valero Energy
VLO
$111B
| $1.02B | 0.1% |
3,924,248
-4,209,220
| -52% | -$1.04B |
|
168
Middleby
MIDD
$4.87B
| $1B | 0.1% |
5,814,110
-600,291
| -9% | -$90.5M |
|
169
Essex Property Trust
ESS
$17.5B
| $979M | 0.1% |
3,357,197
+8,488
| +0.3% | +$2.28M |
|
170
Cintas
CTAS
$79.9B
| $978M | 0.1% |
5,750,996
+8,646
| +0.2% | +$1.49M |
|
171
Guardant Health
GH
$23.8B
| $977M | 0.1% |
6,514,952
-508,737
| -7% | -$55.3M |
|
172
Dell
DELL
$358B
| $970M | 0.1% |
2,249,000
+931,351
| +71% | +$269M |
|
173
L3Harris
LHX
$44.3B
| $957M | 0.1% |
3,294,631
-453,728
| -12% | -$144M |
|
174
Regeneron Pharmaceuticals
REGN
$81.1B
| $954M | 0.1% |
1,529,709
-647,818
| -30% | -$441M |
|
175
W.W. Grainger
GWW
$58.5B
| $944M | 0.09% |
694,196
-211,226
| -23% | -$260M |
|
Similar funds
T. Rowe Price Associates's Q2 2026 Portfolio in Review
As of Q2 2026, T. Rowe Price Associates held 3,356 positions worth $999B, up 16% from $865B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
T. Rowe Price Associates's Q2 2026 filing shows 224 new, 2,237 increased, 645 reduced and 116 closed positions. Its largest new stake was SpaceX: 10,709,016 shares worth $1.83B. The largest sale was Microsoft, an estimated $12.1B.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 34% a quarter earlier, followed by Healthcare and Financials.
- T. Rowe Price Associates's largest Q2 2026 buy was SpaceX: 10,709,016 shares worth $1.83B.
- T. Rowe Price Associates added most to Alphabet (Google) Class A in Q2 2026, an estimated $7.49B increase.
- T. Rowe Price Associates's biggest Q2 2026 reduction was Microsoft, cutting an estimated $12.1B.
- T. Rowe Price Associates fully exited Sibanye-Stillwater in Q2 2026, selling an estimated $40.4M.
- T. Rowe Price Associates's ten largest holdings make up 32% of its $999B portfolio in Q2 2026.
- T. Rowe Price Associates opened 224 new positions and closed 116 in Q2 2026.
- T. Rowe Price Associates's portfolio value rose 16% quarter-over-quarter to $999B.
Based on T. Rowe Price Associates's 13F filing for Q2 2026, filed 14 Aug 2026.