T. Rowe Price Balanced Fund, Inc.

Fund Profile

Fund profile

Tickers

RPBAX, RBAIX

Fund manager

T. Rowe Price Balanced Fund

Total assets

$4.68 bn

Liabilities

$77.83 mm

Net assets

$4.60 bn

Number of holdings

1.59 k

Top 200 of 1588 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
T ROWE PR INST HI YLD-INST	215.65 mm	27.54 mm shares	4.69	Common equity	Long	USA
T ROWE PRICE REAL ASSETS FUND INC	192.45 mm	13.89 mm shares	4.18	Common equity	Long	USA
NVDA NVIDIA Corporation	128.47 mm	956.63 k shares	2.79	Common equity	Long	USA
MSFT Microsoft Corporation	121.06 mm	287.21 k shares	2.63	Common equity	Long	USA
AAPL Apple Inc.	118.11 mm	471.64 k shares	2.57	Common equity	Long	USA
AMZN Amazon.com, Inc.	86.55 mm	394.52 k shares	1.88	Common equity	Long	USA
T. Rowe Price Treasury Reserve Fund	60.47 mm	60.47 mm shares	1.31	Short-term investment vehicle	Long	USA
META Meta Platforms, Inc.	59.55 mm	101.71 k shares	1.29	Common equity	Long	USA
GOOG Alphabet Inc.	57.91 mm	304.06 k shares	1.26	Common equity	Long	USA
T. Rowe Price Government Reserve Fund - Collateral	57.08 mm	57.08 mm shares	1.24	Short-term investment vehicle	Long	USA
Broadcom Pte. Ltd.	48.75 mm	210.26 k shares	1.06	Common equity	Long	USA
TSLA Tesla, Inc.	37.03 mm	91.69 k shares	0.80	Common equity	Long	USA
LLY Eli Lilly and Company	32.59 mm	42.22 k shares	0.71	Common equity	Long	USA
JPM JPMorgan Chase & Co.	32.57 mm	135.87 k shares	0.71	Common equity	Long	USA
V Visa Inc.	32.25 mm	102.05 k shares	0.70	Common equity	Long	USA
BRK-B Berkshire Hathaway Inc.	31.15 mm	68.72 k shares	0.68	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	29.30 mm	57.92 k shares	0.64	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	28.72 mm	29.37 mm principal	0.62	Debt	Long	USA
UNITED STATES TREASURY NOTE/BOND	26.18 mm	27.54 mm principal	0.57	Debt	Long	USA
ASTRAZENECA PLC	24.06 mm	367.23 k shares	0.52	Common equity	Long	UK
UNITED STATES TREASURY NOTE/BOND	23.05 mm	24.23 mm principal	0.50	Debt	Long	USA
SIEMENS AG	22.81 mm	116.96 k shares	0.50	Common equity	Long	Germany
T ROWE PRICE INFLATION PROTECTED BOND FUND INC	22.39 mm	2.21 mm shares	0.49	Common equity	Long	USA
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	22.16 mm	681.97 k shares	0.48	Common equity	Long	Taiwan
MA Mastercard Incorporated	21.78 mm	41.36 k shares	0.47	Common equity	Long	USA
BAC Bank of America Corporation	20.57 mm	468.07 k shares	0.45	Common equity	Long	USA
NFLX Netflix, Inc.	20.23 mm	22.69 k shares	0.44	Common equity	Long	USA
GOOG Alphabet Inc.	20.17 mm	106.57 k shares	0.44	Common equity	Long	USA
KVUE Kenvue Inc.	19.63 mm	919.49 k shares	0.43	Common equity	Long	USA
FI Fiserv, Inc.	19.47 mm	94.80 k shares	0.42	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	18.96 mm	19.03 mm principal	0.41	Debt	Long	USA
TMUS T-Mobile US, Inc.	18.05 mm	81.76 k shares	0.39	Common equity	Long	USA
NOW ServiceNow, Inc.	17.41 mm	16.42 k shares	0.38	Common equity	Long	USA
SCHW The Charles Schwab Corporation	16.70 mm	225.61 k shares	0.36	Common equity	Long	USA
NESTLE SA	16.64 mm	202.81 k shares	0.36	Common equity	Long	Switzerland
UNILEVER PLC	16.64 mm	292.80 k shares	0.36	Common equity	Long	UK
XOM Exxon Mobil Corporation	16.53 mm	153.69 k shares	0.36	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	16.49 mm	28.39 mm principal	0.36	Debt	Long	USA
TMO Thermo Fisher Scientific Inc.	15.76 mm	30.29 k shares	0.34	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	15.62 mm	16.41 mm principal	0.34	Debt	Long	USA
PG The Procter & Gamble Company	15.41 mm	91.90 k shares	0.33	Common equity	Long	USA
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN	15.39 mm	30.44 k shares	0.33	Common equity	Long	Germany
ELV Elevance Health Inc.	14.94 mm	40.51 k shares	0.32	Common equity	Long	USA
BKNG Booking Holdings Inc.	14.85 mm	2.99 k shares	0.32	Common equity	Long	USA
WMT Walmart Inc.	14.64 mm	162.07 k shares	0.32	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	14.52 mm	16.36 mm principal	0.32	Debt	Long	USA
ASML HOLDING NV	14.32 mm	20.44 k shares	0.31	Common equity	Long	Netherlands
SAP SE	14.30 mm	58.15 k shares	0.31	Common equity	Long	Germany
UNITED STATES TREASURY NOTE/BOND	13.78 mm	14.38 mm principal	0.30	Debt	Long	USA
UNITED STATES TREASURY NOTE/BOND	13.71 mm	16.70 mm principal	0.30	Debt	Long	USA
ISRG Intuitive Surgical, Inc.	13.69 mm	26.23 k shares	0.30	Common equity	Long	USA
KEYS Keysight Technologies, Inc.	13.67 mm	85.11 k shares	0.30	Common equity	Long	USA
AXA SA	13.43 mm	377.35 k shares	0.29	Common equity	Long	France
LINDE PLC	12.95 mm	30.93 k shares	0.28	Common equity	Long	Ireland
CHUBB LTD	12.83 mm	46.44 k shares	0.28	Common equity	Long	Switzerland
UNITED STATES TREASURY NOTE/BOND	12.72 mm	15.63 mm principal	0.28	Debt	Long	USA
COP ConocoPhillips	12.55 mm	126.53 k shares	0.27	Common equity	Long	USA
SANOFI SA	12.51 mm	128.66 k shares	0.27	Common equity	Long	France
FANNIE MAE POOL	12.31 mm	15.69 mm principal	0.27	ABS-mortgage backed security	Long	USA
AXP American Express Company	12.22 mm	41.16 k shares	0.27	Common equity	Long	USA
MCD McDonald's Corporation	12.04 mm	41.54 k shares	0.26	Common equity	Long	USA
GE General Electric Company	11.95 mm	71.65 k shares	0.26	Common equity	Long	USA
KO The Coca-Cola Company	11.78 mm	189.18 k shares	0.26	Common equity	Long	USA
SHW The Sherwin-Williams Company	11.77 mm	34.63 k shares	0.26	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	11.72 mm	12.10 mm principal	0.25	Debt	Long	USA
NOVARTIS AG	11.68 mm	119.95 k shares	0.25	Common equity	Long	Switzerland
DE Deere & Company	11.61 mm	27.41 k shares	0.25	Common equity	Long	USA
XEL Xcel Energy Inc.	11.54 mm	170.96 k shares	0.25	Common equity	Long	USA
ROCHE HOLDING AG	11.37 mm	40.67 k shares	0.25	Common equity	Long	Switzerland
UNITED STATES TREASURY NOTE/BOND	11.31 mm	16.08 mm principal	0.25	Debt	Long	USA
CL Colgate-Palmolive Company	11.20 mm	123.16 k shares	0.24	Common equity	Long	USA
HD The Home Depot, Inc.	11.19 mm	28.77 k shares	0.24	Common equity	Long	USA
DHR Danaher Corporation	11.18 mm	48.68 k shares	0.24	Common equity	Long	USA
CVNA Carvana Co.	11.04 mm	54.30 k shares	0.24	Common equity	Long	USA
TOTALENERGIES SE	11.03 mm	198.06 k shares	0.24	Common equity	Long	France
ABB LTD	10.99 mm	203.57 k shares	0.24	Common equity	Long	Switzerland
NOVO NORDISK A/S	10.96 mm	127.07 k shares	0.24	Common equity	Long	Denmark
TOKIO MARINE HOLDINGS INC	10.79 mm	300.70 k shares	0.23	Common equity	Long	Japan
CVX Chevron Corporation	10.70 mm	73.85 k shares	0.23	Common equity	Long	USA
TOYOTA MOTOR CORP	10.68 mm	546.80 k shares	0.23	Common equity	Long	Japan
COR Cencora	10.67 mm	47.51 k shares	0.23	Common equity	Long	USA
WAB Westinghouse Air Brake Technologies Corporation	10.62 mm	56.01 k shares	0.23	Common equity	Long	USA
JNJ Johnson & Johnson	10.44 mm	72.16 k shares	0.23	Common equity	Long	USA
COMPASS GROUP PLC	10.43 mm	313.46 k shares	0.23	Common equity	Long	UK
TXN Texas Instruments Incorporated	10.33 mm	55.07 k shares	0.22	Common equity	Long	USA
SLB Schlumberger Limited	10.16 mm	265.04 k shares	0.22	Common equity	Long	Curaçao
AME AMETEK, Inc.	10.00 mm	55.45 k shares	0.22	Common equity	Long	USA
KDP Keurig Dr Pepper Inc.	9.94 mm	309.45 k shares	0.22	Common equity	Long	USA
NSC Norfolk Southern Corporation	9.81 mm	41.78 k shares	0.21	Common equity	Long	USA
SONY GROUP CORP	9.72 mm	461.20 k shares	0.21	Common equity	Long	Japan
DNB BANK ASA	9.72 mm	486.72 k shares	0.21	Common equity	Long	Norway
UNITED STATES TREASURY NOTE/BOND	9.43 mm	9.97 mm principal	0.20	Debt	Long	USA
FANNIE MAE OR FREDDIE MAC	9.10 mm	9.43 mm principal	0.20	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY NOTE/BOND	9.08 mm	9.17 mm principal	0.20	Debt	Long	USA
ROST Ross Stores, Inc.	9.08 mm	60.00 k shares	0.20	Common equity	Long	USA
TE CONNECTIVITY PLC	9.06 mm	63.39 k shares	0.20	Common equity	Long	Ireland
AEE Ameren Corporation	9.02 mm	101.22 k shares	0.20	Common equity	Long	USA
IP International Paper Company	9.02 mm	167.55 k shares	0.20	Common equity	Long	USA
EXC Exelon Corporation	9.01 mm	239.32 k shares	0.20	Common equity	Long	USA
PRYSMIAN SPA	8.99 mm	140.45 k shares	0.20	Common equity	Long	Italy
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES	8.97 mm	10.51 mm principal	0.19	ABS-mortgage backed security	Long	USA
GS The Goldman Sachs Group, Inc.	8.91 mm	15.56 k shares	0.19	Common equity	Long	USA
EQUINOR ASA	8.88 mm	374.38 k shares	0.19	Common equity	Long	Norway
ING GROEP NV	8.86 mm	565.15 k shares	0.19	Common equity	Long	Netherlands
NIPPON TELEGRAPH & TELEPHONE CORP	8.77 mm	8.78 mm shares	0.19	Common equity	Long	Japan
ELEMENT FLEET MANAGEMENT CORP	8.53 mm	421.76 k shares	0.19	Common equity	Long	Canada
UNITED STATES TREASURY NOTE/BOND	8.50 mm	8.59 mm principal	0.18	Debt	Long	USA
RRC Range Resources Corporation	8.47 mm	235.44 k shares	0.18	Common equity	Long	USA
BA The Boeing Company	8.45 mm	47.75 k shares	0.18	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	8.41 mm	11.19 mm principal	0.18	Debt	Long	USA
AZO AutoZone, Inc.	8.40 mm	2.62 k shares	0.18	Common equity	Long	USA
ODFL Old Dominion Freight Line, Inc.	8.35 mm	47.34 k shares	0.18	Common equity	Long	USA
ROK Rockwell Automation, Inc.	8.34 mm	29.17 k shares	0.18	Common equity	Long	USA
MITSUBISHI UFJ FINANCIAL GROUP INC	8.31 mm	712.00 k shares	0.18	Common equity	Long	Japan
ALL The Allstate Corporation	8.25 mm	42.81 k shares	0.18	Common equity	Long	USA
SHELL PLC	8.14 mm	129.94 k shares	0.18	Common equity	Long	UK
UNITED STATES TREASURY NOTE/BOND	8.04 mm	10.64 mm principal	0.17	Debt	Long	USA
UNITED STATES TREASURY NOTE/BOND	8.03 mm	8.07 mm principal	0.17	Debt	Long	USA
CMCSA Comcast Corporation	7.98 mm	212.51 k shares	0.17	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	7.97 mm	8.00 mm principal	0.17	Debt	Long	USA
SAFRAN SA	7.96 mm	36.32 k shares	0.17	Common equity	Long	France
SEVEN & I HOLDINGS CO LTD	7.88 mm	502.70 k shares	0.17	Common equity	Long	Japan
RECRUIT HOLDINGS CO LTD	7.70 mm	110.80 k shares	0.17	Common equity	Long	Japan
CMG Chipotle Mexican Grill, Inc.	7.69 mm	127.51 k shares	0.17	Common equity	Long	USA
UNITED OVERSEAS BANK LTD	7.65 mm	287.90 k shares	0.17	Common equity	Long	Singapore
NATIONAL BANK OF CANADA	7.59 mm	83.29 k shares	0.16	Common equity	Long	Canada
NATIONAL GRID PLC	7.46 mm	628.24 k shares	0.16	Common equity	Long	UK
PSA Public Storage	7.45 mm	24.88 k shares	0.16	Common equity	Long	USA
C Citigroup Inc.	7.26 mm	103.15 k shares	0.16	Common equity	Long	USA
ENGIE SA	7.26 mm	457.63 k shares	0.16	Common equity	Long	France
RVTY Revvity, Inc.	7.25 mm	64.96 k shares	0.16	Common equity	Long	USA
SIEMENS HEALTHINEERS AG	7.14 mm	135.30 k shares	0.16	Common equity	Long	Germany
UNP Union Pacific Corporation	7.04 mm	30.88 k shares	0.15	Common equity	Long	USA
AIR LIQUIDE SA	7.03 mm	43.24 k shares	0.15	Common equity	Long	France
TRV The Travelers Companies, Inc.	6.96 mm	28.88 k shares	0.15	Common equity	Long	USA
CMI Cummins Inc.	6.89 mm	19.76 k shares	0.15	Common equity	Long	USA
KONINKLIJKE PHILIPS NV	6.87 mm	271.26 k shares	0.15	Common equity	Long	Netherlands
CME CME Group Inc.	6.85 mm	29.48 k shares	0.15	Common equity	Long	USA
MITSUBISHI ELECTRIC CORP	6.81 mm	403.40 k shares	0.15	Common equity	Long	Japan
MELROSE INDUSTRIES PLC	6.76 mm	978.38 k shares	0.15	Common equity	Long	UK
STANDARD CHARTERED PLC	6.75 mm	548.51 k shares	0.15	Common equity	Long	UK
CORPAY INC	6.65 mm	19.66 k shares	0.14	Common equity	Long	USA
INTU Intuit Inc.	6.60 mm	10.51 k shares	0.14	Common equity	Long	USA
CEG Constellation Energy Corporation	6.57 mm	29.37 k shares	0.14	Common equity	Long	USA
LEGRAND SA	6.51 mm	66.90 k shares	0.14	Common equity	Long	France
REGN Regeneron Pharmaceuticals, Inc.	6.47 mm	9.08 k shares	0.14	Common equity	Long	USA
SAMPO OYJ	6.46 mm	158.10 k shares	0.14	Common equity	Long	Finland
UNITED STATES TREASURY NOTE/BOND	6.42 mm	6.45 mm principal	0.14	Debt	Long	USA
FANNIE MAE POOL	6.41 mm	8.17 mm principal	0.14	ABS-mortgage backed security	Long	USA
THC Tenet Healthcare Corporation	6.41 mm	50.75 k shares	0.14	Common equity	Long	USA
CRBG Corebridge Financial, Inc.	6.39 mm	213.52 k shares	0.14	Common equity	Long	USA
BDX Becton, Dickinson and Company	6.36 mm	28.04 k shares	0.14	Common equity	Long	USA
SNPS Synopsys, Inc.	6.35 mm	13.08 k shares	0.14	Common equity	Long	USA
ZURICH INSURANCE GROUP AG	6.32 mm	10.63 k shares	0.14	Common equity	Long	Switzerland
ADI Analog Devices, Inc.	6.30 mm	29.67 k shares	0.14	Common equity	Long	USA
CRM Salesforce, Inc.	6.28 mm	18.80 k shares	0.14	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	6.24 mm	7.56 mm principal	0.14	Debt	Long	USA
NXP SEMICONDUCTORS NV	6.23 mm	29.96 k shares	0.14	Common equity	Long	Netherlands
LHX L3Harris Technologies, Inc.	6.22 mm	29.57 k shares	0.14	Common equity	Long	USA
GINNIE MAE	6.21 mm	6.26 mm principal	0.13	ABS-mortgage backed security	Long	USA
NEXT PLC	6.20 mm	52.29 k shares	0.13	Common equity	Long	UK
EQT EQT Corporation	6.20 mm	134.38 k shares	0.13	Common equity	Long	USA
MITSUI FUDOSAN CO LTD	6.18 mm	773.00 k shares	0.13	Common equity	Long	Japan
WPP PLC	6.17 mm	598.87 k shares	0.13	Common equity	Long	Jersey
BROOKFIELD CORP	6.12 mm	106.47 k shares	0.13	Common equity	Long	Canada
UNITED STATES TREASURY NOTE/BOND	6.04 mm	7.18 mm principal	0.13	Debt	Long	USA
L'OREAL SA	5.99 mm	16.93 k shares	0.13	Common equity	Long	France
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES	5.98 mm	6.10 mm principal	0.13	ABS-mortgage backed security	Long	USA
RSG Republic Services, Inc.	5.95 mm	29.57 k shares	0.13	Common equity	Long	USA
SUMITOMO CORP	5.91 mm	273.10 k shares	0.13	Common equity	Long	Japan
FANG Diamondback Energy, Inc.	5.87 mm	35.83 k shares	0.13	Common equity	Long	USA
GINNIE MAE II POOL	5.82 mm	6.96 mm principal	0.13	ABS-mortgage backed security	Long	USA
TELEFONAKTIEBOLAGET LM ERICSSON	5.76 mm	711.13 k shares	0.13	Common equity	Long	Sweden
JULIUS BAER GROUP LTD	5.76 mm	88.77 k shares	0.13	Common equity	Long	Switzerland
SYK Stryker Corporation	5.75 mm	15.98 k shares	0.12	Common equity	Long	USA
DBS GROUP HOLDINGS LTD	5.56 mm	173.60 k shares	0.12	Common equity	Long	Singapore
STOREBRAND ASA	5.55 mm	520.37 k shares	0.12	Common equity	Long	Norway
COST Costco Wholesale Corporation	5.51 mm	6.01 k shares	0.12	Common equity	Long	USA
ESSILORLUXOTTICA SA	5.41 mm	22.18 k shares	0.12	Common equity	Long	France
UNICREDIT SPA	5.39 mm	134.61 k shares	0.12	Common equity	Long	Italy
FREDDIE MAC POOL	5.38 mm	6.58 mm principal	0.12	ABS-mortgage backed security	Long	USA
NOC Northrop Grumman Corporation	5.34 mm	11.39 k shares	0.12	Common equity	Long	USA
ATO Atmos Energy Corporation	5.33 mm	38.29 k shares	0.12	Common equity	Long	USA
BT GROUP PLC	5.28 mm	2.93 mm shares	0.11	Common equity	Long	UK
DIAGEO PLC	5.27 mm	165.88 k shares	0.11	Common equity	Long	UK
NEE NextEra Energy, Inc.	5.25 mm	73.27 k shares	0.11	Common equity	Long	USA
AIA GROUP LTD	5.21 mm	726.00 k shares	0.11	Common equity	Long	Hong Kong
SAMSUNG ELECTRONICS CO LTD	5.18 mm	145.19 k shares	0.11	Common equity	Long	Korea, Republic of
AMD Advanced Micro Devices, Inc.	5.16 mm	42.74 k shares	0.11	Common equity	Long	USA
HDFC BANK LTD	5.16 mm	249.61 k shares	0.11	Common equity	Long	India
UNITED STATES TREASURY NOTE/BOND	5.15 mm	5.64 mm principal	0.11	Debt	Long	USA
FANNIE MAE POOL	5.14 mm	5.11 mm principal	0.11	ABS-mortgage backed security	Long	USA
HEINEKEN NV	5.10 mm	71.61 k shares	0.11	Common equity	Long	Netherlands
KINGFISHER PLC	5.08 mm	1.63 mm shares	0.11	Common equity	Long	UK
ASML ASML Holding N.V.	5.06 mm	7.30 k shares	0.11	Common equity	Long	Netherlands
AMADEUS IT GROUP SA	5.03 mm	71.31 k shares	0.11	Common equity	Long	Spain
DENSO CORP	5.03 mm	365.00 k shares	0.11	Common equity	Long	Japan
SHOP Shopify Inc.	5.03 mm	47.32 k shares	0.11	Common equity	Long	Canada
Cigna Holding Co	5.01 mm	18.15 k shares	0.11	Common equity	Long	USA
MDLZ Mondelez International, Inc.	5.01 mm	83.84 k shares	0.11	Common equity	Long	USA