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 | |
|---|---|---|---|---|---|---|
1
NVIDIA
NVDA
$5.42T
| $73.8B | 7.9% |
395,742,700
-10,582,655
| -3% | -$1.84B |
|
|
2
Microsoft
MSFT
$3.71T
| $68.5B | 7.32% |
132,176,105
-4,693,974
| -3% | -$2.39B |
|
|
3
Apple
AAPL
$4.57T
| $54.2B | 5.8% |
212,755,053
+10,034,649
| +5% | +$2.27B |
|
|
4
Amazon
AMZN
$2.96T
| $31.4B | 3.36% |
142,999,597
-15,198,274
| -10% | -$3.44B |
|
5
Meta Platforms (Facebook)
META
$1.51T
| $28.4B | 3.04% |
38,688,170
-2,309,772
| -6% | -$1.72B |
|
6
Broadcom
AVGO
$2.04T
| $27.4B | 2.93% |
83,054,439
+4,904,436
| +6% | +$1.5B |
|
|
7
Alphabet (Google) Class A
GOOGL
$4.33T
| $20.8B | 2.22% |
85,450,886
+11,227,071
| +15% | +$2.35B |
|
|
8
Alphabet (Google) Class C
GOOG
$4.32T
| $17.5B | 1.88% |
71,982,882
-2,201,484
| -3% | -$463M |
|
9
Visa
V
$677B
| $13.8B | 1.47% |
40,376,076
-787,345
| -2% | -$273M |
|
10
Netflix
NFLX
$309B
| $13.1B | 1.4% |
109,518,090
-2,375,660
| -2% | -$290M |
|
11
Tesla
TSLA
$1.3T
| $12.4B | 1.33% |
27,983,601
+3,638,218
| +15% | +$1.26B |
|
12
Mastercard
MA
$493B
| $11.3B | 1.21% |
19,883,919
-422,327
| -2% | -$243M |
|
|
13
Eli Lilly
LLY
$1.06T
| $10.3B | 1.1% |
13,478,436
-3,366,669
| -20% | -$2.51B |
|
14
JPMorgan Chase
JPM
$950B
| $9.15B | 0.98% |
29,017,871
+290,020
| +1% | +$86.3M |
|
15
GE Aerospace
GE
$384B
| $8.84B | 0.95% |
29,389,505
-1,528,770
| -5% | -$418M |
|
16
ServiceNow
NOW
$129B
| $6.33B | 0.68% |
34,392,225
-2,434,740
| -7% | -$455M |
|
17
UnitedHealth
UNH
$370B
| $6.27B | 0.67% |
18,148,977
-3,768,686
| -17% | -$1.14B |
|
18
Bank of America
BAC
$442B
| $6.17B | 0.66% |
119,606,688
+16,745,195
| +16% | +$817M |
|
19
Carvana
CVNA
$77.9B
| $6.16B | 0.66% |
81,595,380
+635,645
| +0.8% | +$45.5M |
|
|
20
Oracle
ORCL
$423B
| $5.85B | 0.63% |
20,814,621
+11,518,787
| +124% | +$2.93B |
|
21
Intuitive Surgical
ISRG
$134B
| $5.73B | 0.61% |
12,818,790
-596,681
| -4% | -$286M |
|
|
SCHW
22
Charles Schwab
SCHW
$187B
| $5.48B | 0.59% |
57,444,595
-17,391,174
| -23% | -$1.65B |
|
23
Amphenol
APH
$209B
| $5.45B | 0.58% |
44,071,827
+2,398,815
| +6% | +$263M |
|
|
24
Arista Networks
ANET
$238B
| $5.36B | 0.57% |
36,791,042
+31,550,440
| +602% | +$4.06B |
|
25
Berkshire Hathaway Class B
BRK.B
$1.13T
| $5.12B | 0.55% |
10,183,801
-33,183
| -0.3% | -$16.1M |
|
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.