T. Rowe Price Investment Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), T. Rowe Price Investment Management, Inc. reported 631 stock positions worth $161.9 billion. Its top holding was Microsoft (MSFT) at 3.2% of the portfolio, followed by Amazon.com (AMZN, 2.1%) and Fortive (FTV, 2.0%). Compared with Q3 2024, it opened 61 new positions, sold out of 51, added to 276 and reduced 292. The biggest buy was Abbott Laboratories (ABT, shares +383%) and the biggest sale Martin Marietta Materials (MLM, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001897612
- Portfolio Value
- $161.9B (Q4 2024)
- SEC Filing
- 0000080255-25-000217 ↗ filed Feb 14, 2025
Holdings Value
Holdings 631 stocks · $161.9B
| MSFT Microsoft Corp. | 3.23% | 12,386,198 | $5.2B | Add +6.2% |
| AMZN Amazon.com Inc. | 2.07% | 15,267,168 | $3.3B | Reduce -1.6% |
| FTV Fortive Corp. | 1.99% | 42,947,135 | $3.2B | Add +9.7% |
| PTC PTC Inc. | 1.96% | 17,264,545 | $3.2B | Add +11.4% |
| NVDA Nvidia Corp. | 1.75% | 21,101,033 | $2.8B | Reduce -17.6% |
| BDX Becton Dickinson and Co. | 1.70% | 12,126,707 | $2.8B | Add +36.1% |
| ROP Roper Technologies Inc. | 1.65% | 5,151,502 | $2.7B | Add +42.2% |
| UNH Unitedhealth Group Inc. | 1.50% | 4,785,940 | $2.4B | Add +17.8% |
| MRVL Marvell Technology Inc. | 1.44% | 21,130,386 | $2.3B | Reduce -22.6% |
| RVTY Revvity Inc. | 1.43% | 20,761,308 | $2.3B | Add +16.7% |
| GOOGL Alphabet Inc. Class A | 1.32% | 11,249,875 | $2.1B | Add +1.7% |
| AAPL Apple Inc. | 1.23% | 7,960,889 | $2.0B | Add +2.5% |
| DHR Danaher Corp. | 1.10% | 7,770,517 | $1.8B | Reduce -0.6% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.00% | 13,811,864 | $1.6B | Reduce -4.1% |
| MCK McKesson Corp. | 1.00% | 2,847,385 | $1.6B | Add +8.5% |
| TMO Thermo Fisher Scientific Inc. | 0.99% | 3,083,900 | $1.6B | Add +86.8% |
| AEE Ameren Corporation | 0.94% | 17,038,754 | $1.5B | Add +16.7% |
| CNP Centerpoint Energy Inc. | 0.91% | 46,645,434 | $1.5B | Add +4.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.88% | 5,794,479 | $1.4B | Reduce -12.1% |
| AUR Aurora Innovation Inc. | 0.86% | 221,022,476 | $1.4B | Reduce -2.5% |
| YUM Yum! Brands Inc. | 0.86% | 10,374,367 | $1.4B | Reduce -2.6% |
| HOLX Hologic Inc. | 0.80% | 17,938,833 | $1.3B | Reduce -19.0% |
| IR Ingersoll-Rand Inc. | 0.77% | 13,836,845 | $1.3B | Reduce -20.8% |
| LSCC Lattice Semiconductor Corp. | 0.75% | 21,544,339 | $1.2B | Add +2.3% |
| FTI Technipfmc PLC | 0.75% | 42,166,132 | $1.2B | Add +0.9% |
| RTX RTX Corp. | 0.75% | 10,508,662 | $1.2B | Add +43.1% |
| META Meta Platforms Inc. Class A | 0.74% | 2,045,430 | $1.2B | Reduce -18.5% |
| MA Mastercard Inc. Class A | 0.74% | 2,265,654 | $1.2B | Reduce -3.8% |
| INTU Intuit Inc. | 0.70% | 1,804,476 | $1.1B | Add +1.9% |
| V Visa Inc. Class A | 0.69% | 3,545,924 | $1.1B | Add +1.2% |
| A Agilent Technologies Inc. | 0.68% | 8,228,455 | $1.1B | Reduce -0.1% |
| DPZ Domino's Pizza Inc. | 0.68% | 2,624,542 | $1.1B | Add +0.1% |
| TFX Teleflex Inc. | 0.68% | 6,173,121 | $1.1B | Add +4.4% |
| VEEV Veeva Systems Inc. Class A | 0.67% | 5,169,698 | $1.1B | Add +3.5% |
| AIZ Assurant Inc. | 0.66% | 5,039,199 | $1.1B | Reduce -1.5% |
| ESAB Esab Corp. | 0.66% | 8,897,757 | $1.1B | Reduce -3.1% |
| CNQ Canadian Natural Resources | 0.65% | 34,052,775 | $1.1B | Add +7.3% |
| WCN Waste Connections Inc. | 0.65% | 6,096,276 | $1.0B | Reduce -0.6% |
| EXE Expand Energy Corp. | 0.64% | 10,363,951 | $1.0B | Add +1.3% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.64% | 4,384,449 | $1.0B | Add +39.7% |
| LNG Cheniere Energy Inc. | 0.64% | 4,795,861 | $1.0B | Reduce -0.2% |
| VLTO Veralto Corp. | 0.61% | 9,729,595 | $991.0M | Reduce -8.4% |
| ABT Abbott Laboratories | 0.58% | 8,358,698 | $945.5M | Add +383.1% |
| MCHP Microchip Technology Inc. | 0.58% | 16,478,140 | $945.0M | Reduce -10.9% |
| TYL Tyler Technologies Inc. | 0.56% | 1,579,888 | $911.0M | Reduce -0.1% |
| WTW Willis Towers Watson PLC | 0.54% | 2,788,542 | $873.5M | Add +77.5% |
| AVTR Avantor Inc. | 0.54% | 41,360,393 | $871.5M | Reduce -38.4% |
| ROST Ross Stores Inc. | 0.54% | 5,735,096 | $867.5M | Reduce -0.2% |
| TXT Textron Inc. | 0.54% | 11,333,509 | $866.9M | Reduce -11.8% |
| MLM Martin Marietta Materials | 0.51% | 1,606,702 | $829.9M | Reduce -53.6% |
| BALL Ball Corp. | 0.51% | 14,914,855 | $822.3M | Reduce -12.6% |
| CCC CCC Intelligent Solutions Ho | 0.50% | 68,866,717 | $807.8M | Add +6.3% |
| PCTY Paylocity Holding Corp. | 0.49% | 3,974,010 | $792.7M | Reduce -1.1% |
| AVY Avery Dennison Corp. | 0.49% | 4,225,309 | $790.7M | Add +3.7% |
| NI Nisource Inc. | 0.49% | 21,370,032 | $785.6M | Add +10.1% |
| CBOE Cboe Global Markets Inc. | 0.48% | 4,015,179 | $784.6M | Add +3.3% |
| PLNT Planet Fitness Inc. Class A | 0.48% | 7,911,081 | $782.2M | Add +48.1% |
| EQT Eqt Corp. | 0.47% | 16,460,087 | $759.0M | Reduce -0.5% |
| FWONK Liberty Media Corp. Class C | 0.47% | 8,183,972 | $758.3M | Reduce -0.3% |
| DLTR Dollar Tree Inc. | 0.46% | 9,920,748 | $743.5M | Add +5.7% |
| NXPI NXP Semiconductors NV | 0.45% | 3,521,749 | $732.0M | Reduce -9.8% |
| BRKR Bruker Corp. | 0.45% | 12,394,990 | $726.6M | Reduce -4.9% |
| CI The Cigna Group | 0.45% | 2,623,729 | $724.5M | New |
| BURL Burlington Stores Inc. | 0.44% | 2,526,104 | $720.1M | Reduce -1.3% |
| SCI Service Corp. International | 0.44% | 8,952,636 | $714.6M | Add +5.8% |
| COO The Cooper Cos Inc. | 0.44% | 7,678,965 | $705.9M | Add +2.1% |
| CASY Casey's General Stores Inc. | 0.43% | 1,776,323 | $703.8M | Add +1.8% |
| DKNG Draftkings Inc. Class A | 0.43% | 18,569,637 | $690.8M | Add +4.0% |
| ADSK Autodesk Inc. | 0.42% | 2,302,132 | $680.4M | Reduce -15.6% |
| CPAY Corpay Inc. | 0.41% | 1,949,913 | $659.9M | Add +1.1% |
| WDAY Workday Inc. Class A | 0.41% | 2,552,939 | $658.7M | New |
| EFX Equifax Inc. | 0.40% | 2,569,213 | $654.8M | Reduce -9.2% |
| FTNT Fortinet Inc. | 0.39% | 6,756,441 | $638.3M | Reduce -0.3% |
| RJF Raymond James Financial Inc. | 0.39% | 4,107,327 | $638.0M | Reduce -0.6% |
| FICO Fair Isaac Corp. | 0.39% | 319,208 | $635.5M | Reduce -14.5% |
| LLY Eli Lilly & Co. | 0.38% | 790,778 | $610.5M | Add +1.9% |
| TDY Teledyne Technologies Inc. | 0.38% | 1,313,061 | $609.4M | Reduce -13.8% |
| RDDT Reddit Inc. Class A | 0.37% | 3,684,178 | $602.1M | Reduce -9.0% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.37% | 3,493,695 | $596.2M | Reduce -34.0% |
| ICE Intercontinental Exchange Inc. | 0.36% | 3,865,597 | $576.0M | Reduce -58.5% |
| BR Broadridge Financial Solutio | 0.35% | 2,495,407 | $564.2M | Reduce -6.3% |
| RRC Range Resources Corp. | 0.34% | 15,507,616 | $558.0M | Reduce -2.0% |
| BFAM Bright Horizons Family Solut | 0.34% | 4,958,538 | $549.7M | Add +60.5% |
| AMD Advanced Micro Devices | 0.34% | 4,497,954 | $543.3M | Reduce -27.4% |
| ALC Alcon Inc. filed as ALCON AG | 0.33% | 6,368,453 | $540.6M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.33% | 2,289,753 | $530.9M | Reduce -2.5% |
| KEYS Keysight Technologies Inc. | 0.33% | 3,283,882 | $527.5M | Reduce -20.1% |
| TOST Toast Inc. Class A | 0.33% | 14,437,402 | $526.2M | Reduce -1.6% |
| ZM Zoom Communications Inc. | 0.32% | 6,385,523 | $521.1M | Add +24.3% |
| SPOT Spotify Technology SA | 0.32% | 1,163,193 | $520.4M | Reduce -9.3% |
| MKTX Marketaxess Holdings Inc. | 0.32% | 2,298,409 | $519.5M | Add +11.4% |
| CYTK Cytokinetics Inc. | 0.31% | 10,752,123 | $505.8M | Add +11.0% |
| NYT New York Times Co. Class A | 0.31% | 9,694,544 | $504.6M | Reduce -5.4% |
| QDEL Quidelortho Corp. | 0.31% | 11,238,826 | $500.7M | Add +19.6% |
| IONS Ionis Pharmaceuticals Inc. | 0.31% | 14,169,199 | $495.4M | Add +0.0% |
| CRM Salesforce Inc. | 0.30% | 1,435,357 | $479.9M | Reduce -73.3% |
| PNFP Pinnacle Financial Partners | 0.29% | 4,168,156 | $476.8M | Reduce -4.1% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.29% | 6,968,861 | $474.3M | Add +25.8% |
| BIIB Biogen Inc. | 0.29% | 3,099,786 | $474.0M | Reduce -27.2% |
| CSGP Costar Group Inc. | 0.28% | 6,415,895 | $459.3M | Add +24.6% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | 4,129,797 | $2.5M | New |
| ADVWW Advantage Solutions in-CW25 | *W EXP 10/28/202 | 545,310 | $7K | Reduce -5.2% |
Total filed on the 13F, all lines: $161.9B.
Portfolio Sells Q3 2024 → Q4 2024
| MLM Martin Marietta Materials | Reduce -53.6% | 0.51% | −0.61 |
| CRM Salesforce Inc. | Reduce -73.3% | 0.30% | −0.59 |
| LIN Linde PLC | Reduce -96.5% | 0.02% | −0.58 |
| ABBV Abbvie Inc. | Reduce -99.9% | 0.00% | −0.56 |
| ICE Intercontinental Exchange Inc. | Reduce -58.5% | 0.36% | −0.55 |
| AVTR Avantor Inc. | Reduce -38.4% | 0.54% | −0.51 |
| DTE DTE Energy Company | Reduce -75.5% | 0.11% | −0.37 |
| MCHP Microchip Technology Inc. | Reduce -10.9% | 0.58% | −0.31 |
| HOLX Hologic Inc. | Reduce -19.0% | 0.80% | −0.29 |
| AMD Advanced Micro Devices | Reduce -27.4% | 0.34% | −0.28 |
| MRSH Marsh & McLennan Cos | Reduce -98.1% | 0.01% | −0.27 |
| IR Ingersoll-Rand Inc. | Reduce -20.8% | 0.77% | −0.26 |
| DHR Danaher Corp. | Reduce -0.6% | 1.10% | −0.21 |
| BIIB Biogen Inc. | Reduce -27.2% | 0.29% | −0.20 |
| BALL Ball Corp. | Reduce -12.6% | 0.51% | −0.19 |
| ULTA Ulta Beauty Inc. | Reduce -60.3% | 0.15% | −0.18 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -34.0% | 0.37% | −0.18 |
| MCD McDonald's Corp. | Reduce -92.6% | 0.01% | −0.18 |
| KKR KKR & Co. Inc. | Reduce -85.1% | 0.04% | −0.18 |
| MOH Molina Healthcare Inc. | Reduce -31.8% | 0.25% | −0.17 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.17 |
| EXC Exelon Corp. | Reduce -99.8% | 0.00% | −0.15 |
| TXT Textron Inc. | Reduce -11.8% | 0.54% | −0.15 |
| NOC Northrop Grumman Corp. | Reduce -87.5% | 0.02% | −0.15 |
| PCVX Vaxcyte Inc. | Reduce -29.4% | 0.14% | −0.13 |
| META Meta Platforms Inc. Class A | Reduce -18.5% | 0.74% | −0.13 |
| NVDA Nvidia Corp. | Reduce -17.6% | 1.75% | −0.12 |
| NXPI NXP Semiconductors NV | Reduce -9.8% | 0.45% | −0.11 |
| VLTO Veralto Corp. | Reduce -8.4% | 0.61% | −0.10 |
| EFX Equifax Inc. | Reduce -9.2% | 0.40% | −0.10 |
| BRKR Bruker Corp. | Reduce -4.9% | 0.45% | −0.09 |
| CMS CMS Energy Corp. | Reduce -90.8% | 0.01% | −0.09 |
| ACHC Acadia Healthcare Co. Inc. | Reduce -0.1% | 0.15% | −0.08 |
| SEM Select Medical Holdings Corp. | Reduce -29.6% | 0.05% | −0.08 |
| URI United Rentals Inc. | Reduce -19.3% | 0.21% | −0.08 |
| MTCH Match Group Inc. | Reduce -20.5% | 0.19% | −0.08 |
| ERO Ero Copper Corp. | Reduce -89.4% | 0.01% | −0.07 |
| PSN Parsons Corp. | Reduce -34.5% | 0.11% | −0.07 |
| DBRG Digitalbridge Group Inc. | Reduce -57.5% | 0.04% | −0.07 |
| ELAN Elanco Animal Health Inc. | Reduce -25.4% | 0.12% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.07 |
| KEYS Keysight Technologies Inc. | Reduce -20.1% | 0.33% | −0.07 |
| ARGX Argenx SE - ADR | Reduce -36.8% | 0.19% | −0.07 |
| DV Doubleverify Holdings Inc. | Sold out | 0.00% | −0.06 |
| CAVA Cava Group Inc. | Reduce -90.4% | 0.01% | −0.06 |
| ONTO Onto Innovation Inc. | Reduce -77.3% | 0.01% | −0.06 |
| WAY Waystar Holding Corp. | Sold out | 0.00% | −0.06 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.06 |
| TLN Talen Energy Corp. | Reduce -95.5% | 0.00% | −0.06 |
| MTH Meritage Homes Corp. | Reduce -38.3% | 0.05% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| ABT Abbott Laboratories | Add +383.1% | 0.58% | +0.47 |
| CI The Cigna Group | New | 0.45% | +0.45 |
| ROP Roper Technologies Inc. | Add +42.2% | 1.65% | +0.44 |
| WDAY Workday Inc. Class A | New | 0.41% | +0.41 |
| BDX Becton Dickinson and Co. | Add +36.1% | 1.70% | +0.40 |
| TMO Thermo Fisher Scientific Inc. | Add +86.8% | 0.99% | +0.38 |
| PTC PTC Inc. | Add +11.4% | 1.96% | +0.27 |
| WTW Willis Towers Watson PLC | Add +77.5% | 0.54% | +0.26 |
| PLNT Planet Fitness Inc. Class A | Add +48.1% | 0.48% | +0.22 |
| MCK McKesson Corp. | Add +8.5% | 1.00% | +0.22 |
| RTX RTX Corp. | Add +43.1% | 0.75% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 1.32% | +0.21 |
| MSFT Microsoft Corp. | Add +6.2% | 3.23% | +0.20 |
| AEE Ameren Corporation | Add +16.7% | 0.94% | +0.17 |
| LNT Alliant Energy Corp. | Add +9113.1% | 0.15% | +0.15 |
| ODFL Old Dominion Freight Line | Add +1575.9% | 0.16% | +0.15 |
| XPO Xpo Inc. | New | 0.14% | +0.14 |
| AAPL Apple Inc. | Add +2.5% | 1.23% | +0.14 |
| EXE Expand Energy Corp. | Add +1.3% | 0.64% | +0.13 |
| FTV Fortive Corp. | Add +9.7% | 1.99% | +0.13 |
| LLYVK Liberty Media Corp.-Liberty-C | Add +25.8% | 0.29% | +0.12 |
| CNP Centerpoint Energy Inc. | Add +4.3% | 0.91% | +0.12 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +39.7% | 0.64% | +0.12 |
| V Visa Inc. Class A | Add +1.2% | 0.69% | +0.11 |
| ZM Zoom Communications Inc. | Add +24.3% | 0.32% | +0.11 |
| SARO Standardaero Inc. | New | 0.10% | +0.10 |
| BLD Topbuild Corp. | Add +779.7% | 0.12% | +0.10 |
| EHC Encompass Health Corp. | New | 0.09% | +0.09 |
| FTI Technipfmc PLC | Add +0.9% | 0.75% | +0.09 |
| MIR Mirion Technologies Inc. | Add +1.1% | 0.22% | +0.09 |
| DUOL Duolingo | Add +548.8% | 0.09% | +0.08 |
| LSCC Lattice Semiconductor Corp. | Add +2.3% | 0.75% | +0.08 |
| NI Nisource Inc. | Add +10.1% | 0.49% | +0.08 |
| SBUX Starbucks Corp. | Add +1548.0% | 0.09% | +0.08 |
| BFAM Bright Horizons Family Solut | Add +60.5% | 0.34% | +0.08 |
| CURB Curbline Properties Corp. | New | 0.07% | +0.07 |
| ASND Ascendis Pharma A/S | Add +54.4% | 0.23% | +0.07 |
| HE Hawaiian Electric Inds | New | 0.07% | +0.07 |
| MNDY Monday.com Ltd. | New | 0.07% | +0.07 |
| CCC CCC Intelligent Solutions Ho | Add +6.3% | 0.50% | +0.07 |
| MPWR Monolithic Power Systems Inc. | New | 0.07% | +0.07 |
| P Everpure Inc. Class A | Add +5.9% | 0.27% | +0.07 |
| MSGS Madison Square Garden Sports | Add +1854.0% | 0.07% | +0.07 |
| VMC Vulcan Materials Co. | Add +271.0% | 0.09% | +0.07 |
| ULS Ul Solutions Inc. Class A | Add +88.8% | 0.13% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +17.8% | 1.50% | +0.06 |
| CON Concentra Group Holdings Par | Add +164.2% | 0.11% | +0.06 |
| DLTR Dollar Tree Inc. | Add +5.7% | 0.46% | +0.06 |
| RVTY Revvity Inc. | Add +16.7% | 1.43% | +0.06 |
| BBWI Bath & Body Works Inc. | Add +4.3% | 0.25% | +0.06 |
Notes & Other Activity Q3 2024 → Q4 2024
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | New | 4,129,797 | $2.5M |
| ADVWW Advantage Solutions in-CW25 | *W EXP 10/28/202 | Reduce -5.2% | 545,310 | $7K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 736 | $152.4B | AMZN, MSFT, NVDA, GOOGL, AVGO |
| Q1 2026 | 641 | $145.1B | AMZN, MSFT, AAPL, META, NVDA |
| Q4 2025Amended | 895 | $158.2B | MSFT, NVDA, AAPL, GOOGL, AMZN |
| Q3 2025 | 878 | $163.5B | MSFT, NVDA, AAPL, AMZN, PTC |
| Q2 2025 | 683 | $158.4B | MSFT, AMZN, NVDA, PTC, ROP |
| Q1 2025 | 655 | $151.0B | MSFT, PTC, AMZN, ROP, BDX |
| Q4 2024 | 631 | $161.9B | MSFT, AMZN, FTV, PTC, NVDA |
| Q3 2024 | 621 | $165.8B | MSFT, NVDA, FTV, AMZN, PTC |
| Q2 2024 | 619 | $158.4B | MSFT, GOOGL, AMZN, PTC, NVDA |
| Q1 2024 | 619 | $163.4B | MSFT, FTV, GOOGL, UNH, AMZN |