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 | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.63T
| $68.1B | 7.71% |
136,870,079
+5,355,419
| +4% | +$2.33B |
|
|
2
NVIDIA
NVDA
$5.36T
| $64.2B | 7.27% |
406,325,355
+31,338,927
| +8% | +$3.94B |
|
|
3
Apple
AAPL
$4.51T
| $41.6B | 4.71% |
202,720,404
-11,982,651
| -6% | -$2.42B |
|
|
4
Amazon
AMZN
$2.94T
| $34.7B | 3.93% |
158,197,871
-17,284,407
| -10% | -$3.42B |
|
5
Meta Platforms (Facebook)
META
$1.49T
| $30.3B | 3.43% |
40,997,942
+1,865,771
| +5% | +$1.15B |
|
|
6
Broadcom
AVGO
$2T
| $21.5B | 2.44% |
78,150,003
+12,640,424
| +19% | +$2.74B |
|
7
Netflix
NFLX
$306B
| $15B | 1.7% |
111,893,750
-5,426,910
| -5% | -$614M |
|
8
Visa
V
$687B
| $14.6B | 1.66% |
41,163,421
-1,522,510
| -4% | -$531M |
|
|
9
Alphabet (Google) Class C
GOOG
$4.41T
| $13.2B | 1.49% |
74,184,366
-3,281,411
| -4% | -$542M |
|
|
10
Eli Lilly
LLY
$1.04T
| $13.1B | 1.49% |
16,845,105
-2,288,179
| -12% | -$1.78B |
|
|
11
Alphabet (Google) Class A
GOOGL
$4.44T
| $13.1B | 1.48% |
74,223,815
-14,910,314
| -17% | -$2.44B |
|
12
Mastercard
MA
$500B
| $11.4B | 1.29% |
20,306,246
+209,267
| +1% | +$116M |
|
13
JPMorgan Chase
JPM
$957B
| $8.33B | 0.94% |
28,727,851
-179,464
| -0.6% | -$45.8M |
|
|
14
GE Aerospace
GE
$395B
| $7.96B | 0.9% |
30,918,275
+5,786,990
| +23% | +$1.27B |
|
15
Tesla
TSLA
$1.28T
| $7.73B | 0.88% |
24,345,383
+1,191,249
| +5% | +$359M |
|
16
ServiceNow
NOW
$120B
| $7.57B | 0.86% |
36,826,965
-1,507,625
| -4% | -$284M |
|
17
Intuitive Surgical
ISRG
$132B
| $7.29B | 0.83% |
13,415,471
-367,772
| -3% | -$192M |
|
18
UnitedHealth
UNH
$377B
| $6.84B | 0.77% |
21,917,663
+524,502
| +2% | +$200M |
|
|
SCHW
19
Charles Schwab
SCHW
$189B
| $6.83B | 0.77% |
74,835,769
-7,213,215
| -9% | -$604M |
|
20
Intuit
INTU
$88.5B
| $6.49B | 0.74% |
8,240,009
-778,761
| -9% | -$527M |
|
21
Carvana
CVNA
$75.8B
| $5.46B | 0.62% |
80,959,735
+6,209,680
| +8% | +$341M |
|
22
Booking.com
BKNG
$160B
| $5.07B | 0.57% |
21,912,775
+288,775
| +1% | +$59.1M |
|
23
Berkshire Hathaway Class B
BRK.B
$1.11T
| $4.96B | 0.56% |
10,216,984
-926,316
| -8% | -$470M |
|
24
Bank of America
BAC
$443B
| $4.87B | 0.55% |
102,861,493
-2,009,653
| -2% | -$84.5M |
|
25
Stryker
SYK
$129B
| $4.71B | 0.53% |
11,898,494
-232,724
| -2% | -$87.1M |
|
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.