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 | 10.77% |
| 5 | Healthcare | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Phillips 66
PSX
$102B
| $741M | 0.08% |
5,449,923
-3,526,181
| -39% | -$452M |
|
202
Descartes Systems
DSGX
$6.72B
| $732M | 0.08% |
7,769,384
-791,200
| -9% | -$80.9M |
|
203
RenaissanceRe
RNR
$13.5B
| $729M | 0.08% |
2,871,936
-80,443
| -3% | -$19.5M |
|
204
Stanley Black & Decker
SWK
$13.8B
| $728M | 0.08% |
9,796,421
-2,362,894
| -19% | -$173M |
|
205
Revvity
RVTY
$16.9B
| $716M | 0.08% |
8,172,067
+194,003
| +2% | +$17.6M |
|
206
EOG Resources
EOG
$73.6B
| $716M | 0.08% |
6,385,648
-1,560,913
| -20% | -$186M |
|
207
Simon Property Group
SPG
$66.3B
| $714M | 0.08% |
3,805,783
+313,321
| +9% | +$54.1M |
|
208
Dominion Energy
D
$53.4B
| $713M | 0.08% |
11,655,564
-3,394,548
| -23% | -$202M |
|
209
Pinduoduo
PDD
$110B
| $710M | 0.08% |
5,370,372
+332,847
| +7% | +$39.4M |
|
210
T. Rowe Price US High Yield ETF
THYF
$828M
| – | – |
0
| – | – |
|
211
Comcast
CMCSA
$77.8B
| $696M | 0.07% |
22,142,526
-13,186,740
| -37% | -$442M |
|
212
Regency Centers
REG
$13.4B
| $695M | 0.07% |
9,539,561
-338,462
| -3% | -$24.1M |
|
213
Western Alliance Bancorporation
WAL
$8.47B
| $691M | 0.07% |
7,969,498
+1,654,353
| +26% | +$140M |
|
214
APi Group
APG
$16.6B
| $688M | 0.07% |
20,022,887
-7,933,093
| -28% | -$277M |
|
215
Cummins
CMI
$72.3B
| $683M | 0.07% |
1,615,967
-415,276
| -20% | -$159M |
|
216
Freeport-McMoran
FCX
$104B
| $680M | 0.07% |
17,333,582
-20,136,132
| -54% | -$873M |
|
217
McKesson
MCK
$101B
| $674M | 0.07% |
872,597
-27,247
| -3% | -$19.2M |
|
218
Molina Healthcare
MOH
$9.96B
| $670M | 0.07% |
3,503,675
+1,297,253
| +59% | +$239M |
|
219
VICI Properties
VICI
$25.9B
| $664M | 0.07% |
20,352,196
+3,192,102
| +19% | +$105M |
|
220
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$8.83B
| $652M | 0.07% |
17,269,582
+1,752,367
| +11% | +$64.1M |
|
221
EQT Corp
EQT
$31.8B
| $645M | 0.07% |
11,856,749
-1,489,907
| -11% | -$78.7M |
|
222
Samsara
IOT
$22.2B
| $640M | 0.07% |
17,191,270
-3,487,364
| -17% | -$130M |
|
223
NXP Semiconductors
NXPI
$60B
| $639M | 0.07% |
2,805,181
-224,977
| -7% | -$50.6M |
|
224
CF Industries
CF
$17.4B
| $625M | 0.07% |
6,964,439
-570,062
| -8% | -$50.8M |
|
225
Annaly Capital Management
NLY
$15.5B
| $621M | 0.07% |
30,744,417
+334,974
| +1% | +$6.95M |
|
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.