T. Rowe Price U.S. Equity Research Fund

Fund Profile

Fund profile

Tickers

PRCOX, PACOX, RRCOX, PCCOX, PCUZX

Fund manager

T. Rowe Price U.S. Equity Research Fund

Total assets

$13.60 bn

Liabilities

$17.69 mm

Net assets

$13.58 bn

Number of holdings

306.00

Top 200 of 306 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
AAPL Apple Inc.	1.10 bn	4.40 mm shares	8.11	Common equity	Long	USA
NVDA NVIDIA Corporation	962.43 mm	7.17 mm shares	7.09	Common equity	Long	USA
MSFT Microsoft Corporation	877.52 mm	2.08 mm shares	6.46	Common equity	Long	USA
AMZN Amazon.com, Inc.	579.35 mm	2.64 mm shares	4.27	Common equity	Long	USA
Broadcom Pte. Ltd.	379.59 mm	1.64 mm shares	2.79	Common equity	Long	USA
META Meta Platforms, Inc.	365.73 mm	624.64 k shares	2.69	Common equity	Long	USA
GOOG Alphabet Inc.	331.65 mm	1.74 mm shares	2.44	Common equity	Long	USA
TSLA Tesla, Inc.	313.65 mm	776.66 k shares	2.31	Common equity	Long	USA
LLY Eli Lilly and Company	261.15 mm	338.28 k shares	1.92	Common equity	Long	USA
GOOG Alphabet Inc.	222.53 mm	1.18 mm shares	1.64	Common equity	Long	USA
JPM JPMorgan Chase & Co.	180.04 mm	751.08 k shares	1.33	Common equity	Long	USA
V Visa Inc.	170.65 mm	539.98 k shares	1.26	Common equity	Long	USA
BRK-B Berkshire Hathaway Inc.	159.78 mm	352.51 k shares	1.18	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	136.43 mm	269.69 k shares	1.00	Common equity	Long	USA
NFLX Netflix, Inc.	132.98 mm	149.20 k shares	0.98	Common equity	Long	USA
XOM Exxon Mobil Corporation	130.47 mm	1.21 mm shares	0.96	Common equity	Long	USA
MA Mastercard Incorporated	128.11 mm	243.29 k shares	0.94	Common equity	Long	USA
CRM Salesforce, Inc.	123.55 mm	369.56 k shares	0.91	Common equity	Long	USA
HD The Home Depot, Inc.	116.16 mm	298.61 k shares	0.86	Common equity	Long	USA
WMT Walmart Inc.	112.07 mm	1.24 mm shares	0.83	Common equity	Long	USA
COST Costco Wholesale Corporation	108.26 mm	118.15 k shares	0.80	Common equity	Long	USA
BAC Bank of America Corporation	108.13 mm	2.46 mm shares	0.80	Common equity	Long	USA
PG The Procter & Gamble Company	98.11 mm	585.22 k shares	0.72	Common equity	Long	USA
TMUS T-Mobile US, Inc.	92.75 mm	420.21 k shares	0.68	Common equity	Long	USA
T. Rowe Price Treasury Reserve Fund	86.55 mm	86.55 mm shares	0.64	Short-term investment vehicle	Long	USA
KO The Coca-Cola Company	85.46 mm	1.37 mm shares	0.63	Common equity	Long	USA
ACCENTURE PLC	82.93 mm	235.75 k shares	0.61	Common equity	Long	Ireland
LINDE PLC	80.37 mm	191.97 k shares	0.59	Common equity	Long	Ireland
TMO Thermo Fisher Scientific Inc.	78.90 mm	151.66 k shares	0.58	Common equity	Long	USA
PM Philip Morris International Inc.	77.58 mm	644.65 k shares	0.57	Common equity	Long	USA
ABBV AbbVie Inc.	72.82 mm	409.79 k shares	0.54	Common equity	Long	USA
ORCL Oracle Corporation	72.05 mm	432.36 k shares	0.53	Common equity	Long	USA
FI Fiserv, Inc.	70.79 mm	344.60 k shares	0.52	Common equity	Long	USA
C Citigroup Inc.	69.82 mm	991.94 k shares	0.51	Common equity	Long	USA
MCD McDonald's Corporation	67.57 mm	233.07 k shares	0.50	Common equity	Long	USA
QCOM QUALCOMM Incorporated	67.21 mm	437.53 k shares	0.49	Common equity	Long	USA
DHR Danaher Corporation	66.64 mm	290.29 k shares	0.49	Common equity	Long	USA
CHUBB LTD	64.82 mm	234.59 k shares	0.48	Common equity	Long	Switzerland
ISRG Intuitive Surgical, Inc.	64.78 mm	124.11 k shares	0.48	Common equity	Long	USA
JNJ Johnson & Johnson	62.62 mm	433.02 k shares	0.46	Common equity	Long	USA
GE General Electric Company	62.60 mm	375.31 k shares	0.46	Common equity	Long	USA
CVX Chevron Corporation	60.12 mm	415.05 k shares	0.44	Common equity	Long	USA
NEE NextEra Energy, Inc.	59.85 mm	834.79 k shares	0.44	Common equity	Long	USA
WFC Wells Fargo & Company	56.65 mm	806.53 k shares	0.42	Common equity	Long	USA
MRK Merck & Co., Inc.	52.63 mm	529.05 k shares	0.39	Common equity	Long	USA
COP ConocoPhillips	52.63 mm	530.66 k shares	0.39	Common equity	Long	USA
FTNT Fortinet, Inc.	51.31 mm	543.05 k shares	0.38	Common equity	Long	USA
SCHW The Charles Schwab Corporation	51.29 mm	693.05 k shares	0.38	Common equity	Long	USA
ADBE Adobe Inc.	50.88 mm	114.41 k shares	0.37	Common equity	Long	USA
BA The Boeing Company	50.19 mm	283.57 k shares	0.37	Common equity	Long	USA
PEP PepsiCo, Inc.	49.98 mm	328.68 k shares	0.37	Common equity	Long	USA
MRVL Marvell Technology, Inc.	49.36 mm	446.87 k shares	0.36	Common equity	Long	USA
INTU Intuit Inc.	48.20 mm	76.69 k shares	0.35	Common equity	Long	USA
SYK Stryker Corporation	47.54 mm	132.04 k shares	0.35	Common equity	Long	USA
BKNG Booking Holdings Inc.	47.38 mm	9.54 k shares	0.35	Common equity	Long	USA
CORPAY INC	46.41 mm	137.13 k shares	0.34	Common equity	Long	USA
NOW ServiceNow, Inc.	45.86 mm	43.26 k shares	0.34	Common equity	Long	USA
CSX CSX Corporation	44.83 mm	1.39 mm shares	0.33	Common equity	Long	USA
CSCO Cisco Systems, Inc.	44.74 mm	755.82 k shares	0.33	Common equity	Long	USA
SPGI S&P Global Inc.	43.89 mm	88.13 k shares	0.32	Common equity	Long	USA
CDNS Cadence Design Systems, Inc.	43.41 mm	144.49 k shares	0.32	Common equity	Long	USA
PCG PG&E Corporation	43.20 mm	2.14 mm shares	0.32	Common equity	Long	USA
HON Honeywell International Inc.	42.16 mm	186.65 k shares	0.31	Common equity	Long	USA
GS The Goldman Sachs Group, Inc.	41.88 mm	73.14 k shares	0.31	Common equity	Long	USA
CMCSA Comcast Corporation	41.54 mm	1.11 mm shares	0.31	Common equity	Long	USA
ADI Analog Devices, Inc.	39.90 mm	187.78 k shares	0.29	Common equity	Long	USA
CMI Cummins Inc.	39.17 mm	112.36 k shares	0.29	Common equity	Long	USA
CEG Constellation Energy Corporation	38.59 mm	172.49 k shares	0.28	Common equity	Long	USA
ALL The Allstate Corporation	38.45 mm	199.44 k shares	0.28	Common equity	Long	USA
KDP Keurig Dr Pepper Inc.	38.25 mm	1.19 mm shares	0.28	Common equity	Long	USA
AXP American Express Company	38.13 mm	128.47 k shares	0.28	Common equity	Long	USA
GEV GE Vernova Inc.	37.62 mm	114.36 k shares	0.28	Common equity	Long	USA
CMG Chipotle Mexican Grill, Inc.	37.59 mm	623.36 k shares	0.28	Common equity	Long	USA
REGN Regeneron Pharmaceuticals, Inc.	36.99 mm	51.93 k shares	0.27	Common equity	Long	USA
BLACKROCK INC	36.29 mm	35.40 k shares	0.27	Common equity	Long	USA
NSC Norfolk Southern Corporation	36.04 mm	153.56 k shares	0.27	Common equity	Long	USA
MS Morgan Stanley	35.95 mm	285.94 k shares	0.26	Common equity	Long	USA
EQIX Equinix, Inc.	35.40 mm	37.55 k shares	0.26	Common equity	Long	USA
ODFL Old Dominion Freight Line, Inc.	35.32 mm	200.24 k shares	0.26	Common equity	Long	USA
LOW Lowe's Companies, Inc.	34.91 mm	141.43 k shares	0.26	Common equity	Long	USA
MMC Marsh & McLennan Companies, Inc.	34.46 mm	162.22 k shares	0.25	Common equity	Long	USA
DE Deere & Company	34.31 mm	80.98 k shares	0.25	Common equity	Long	USA
MET MetLife, Inc.	34.21 mm	417.85 k shares	0.25	Common equity	Long	USA
KKR KKR & Co. Inc.	33.51 mm	226.56 k shares	0.25	Common equity	Long	USA
AMGN Amgen Inc.	33.44 mm	128.29 k shares	0.25	Common equity	Long	USA
ELV Elevance Health Inc.	33.33 mm	90.35 k shares	0.25	Common equity	Long	USA
SWK Stanley Black & Decker, Inc.	32.92 mm	410.04 k shares	0.24	Common equity	Long	USA
SLB Schlumberger Limited	32.79 mm	855.13 k shares	0.24	Common equity	Long	Curaçao
UBER Uber Technologies, Inc.	32.47 mm	538.37 k shares	0.24	Common equity	Long	USA
NOC Northrop Grumman Corporation	32.31 mm	68.84 k shares	0.24	Common equity	Long	USA
AIG American International Group, Inc.	31.57 mm	433.66 k shares	0.23	Common equity	Long	USA
Cigna Holding Co	31.46 mm	113.93 k shares	0.23	Common equity	Long	USA
APH Amphenol Corporation	31.36 mm	451.59 k shares	0.23	Common equity	Long	USA
EXC Exelon Corporation	31.30 mm	831.47 k shares	0.23	Common equity	Long	USA
CHTR Charter Communications, Inc.	31.29 mm	91.28 k shares	0.23	Common equity	Long	USA
WMB The Williams Companies, Inc.	30.75 mm	568.20 k shares	0.23	Common equity	Long	USA
PLD Prologis, Inc.	30.20 mm	285.70 k shares	0.22	Common equity	Long	USA
AEE Ameren Corporation	30.19 mm	338.65 k shares	0.22	Common equity	Long	USA
CME CME Group Inc.	30.13 mm	129.76 k shares	0.22	Common equity	Long	USA
NVR NVR, Inc.	30.05 mm	3.67 k shares	0.22	Common equity	Long	USA
TJX The TJX Companies, Inc.	30.02 mm	248.48 k shares	0.22	Common equity	Long	USA
KEYS Keysight Technologies, Inc.	29.80 mm	185.54 k shares	0.22	Common equity	Long	USA
BSX Boston Scientific Corporation	29.29 mm	327.94 k shares	0.22	Common equity	Long	USA
XEL Xcel Energy Inc.	29.11 mm	431.12 k shares	0.21	Common equity	Long	USA
BDX Becton, Dickinson and Company	28.77 mm	126.81 k shares	0.21	Common equity	Long	USA
AMT American Tower Corporation	28.73 mm	156.64 k shares	0.21	Common equity	Long	USA
IBM International Business Machines Corporation	28.41 mm	129.22 k shares	0.21	Common equity	Long	USA
LULU Lululemon Athletica Inc.	28.07 mm	73.41 k shares	0.21	Common equity	Long	USA
KVUE Kenvue Inc.	27.41 mm	1.28 mm shares	0.20	Common equity	Long	USA
Walt Disney Co	27.27 mm	244.90 k shares	0.20	Common equity	Long	USA
CRBG Corebridge Financial, Inc.	27.26 mm	910.73 k shares	0.20	Common equity	Long	USA
SHW The Sherwin-Williams Company	26.87 mm	79.04 k shares	0.20	Common equity	Long	USA
ROK Rockwell Automation, Inc.	26.83 mm	93.87 k shares	0.20	Common equity	Long	USA
ROST Ross Stores, Inc.	26.23 mm	173.39 k shares	0.19	Common equity	Long	USA
HIG The Hartford Financial Services Group, Inc.	26.03 mm	237.91 k shares	0.19	Common equity	Long	USA
EOG EOG Resources, Inc.	25.76 mm	210.17 k shares	0.19	Common equity	Long	USA
MAR Marriott International, Inc.	25.23 mm	90.46 k shares	0.19	Common equity	Long	USA
WELL Welltower Inc.	25.14 mm	199.48 k shares	0.19	Common equity	Long	USA
ROP Roper Technologies, Inc.	24.95 mm	48.00 k shares	0.18	Common equity	Long	USA
ROYAL CARIBBEAN CRUISES LTD	24.87 mm	107.80 k shares	0.18	Common equity	Long	Liberia
ZBH Zimmer Biomet Holdings, Inc.	24.85 mm	235.27 k shares	0.18	Common equity	Long	USA
ORLY O'Reilly Automotive, Inc.	24.72 mm	20.84 k shares	0.18	Common equity	Long	USA
APO Apollo Global Management, Inc.	24.68 mm	149.45 k shares	0.18	Common equity	Long	USA
TDY Teledyne Technologies Incorporated	24.68 mm	53.18 k shares	0.18	Common equity	Long	USA
ADSK Autodesk, Inc.	24.19 mm	81.83 k shares	0.18	Common equity	Long	USA
CL Colgate-Palmolive Company	24.05 mm	264.51 k shares	0.18	Common equity	Long	USA
FTV Fortive Corporation	24.01 mm	320.11 k shares	0.18	Common equity	Long	USA
GILD Gilead Sciences, Inc.	23.39 mm	253.18 k shares	0.17	Common equity	Long	USA
GEN Gen Digital Inc.	23.37 mm	853.54 k shares	0.17	Common equity	Long	USA
HLT Hilton Worldwide Holdings Inc.	23.22 mm	93.96 k shares	0.17	Common equity	Long	USA
MCK McKesson Corporation	23.07 mm	40.47 k shares	0.17	Common equity	Long	USA
SNPS Synopsys, Inc.	22.87 mm	47.11 k shares	0.17	Common equity	Long	USA
NGLS TRI Resources Inc.	22.49 mm	126.01 k shares	0.17	Common equity	Long	USA
ABT Abbott Laboratories	21.72 mm	192.00 k shares	0.16	Common equity	Long	USA
ZBRA Zebra Technologies Corporation	21.67 mm	56.10 k shares	0.16	Common equity	Long	USA
KIOR Kior Inc	21.55 mm	280.51 k shares	0.16	Common equity	Long	USA
TRANE TECHNOLOGIES PLC	21.08 mm	57.06 k shares	0.16	Common equity	Long	Ireland
PFE Pfizer Inc.	20.71 mm	780.68 k shares	0.15	Common equity	Long	USA
GPN Global Payments Inc.	20.55 mm	183.38 k shares	0.15	Common equity	Long	USA
LHX L3Harris Technologies, Inc.	20.50 mm	97.49 k shares	0.15	Common equity	Long	USA
AZO AutoZone, Inc.	20.45 mm	6.39 k shares	0.15	Common equity	Long	USA
MTD Mettler-Toledo International Inc.	20.35 mm	16.63 k shares	0.15	Common equity	Long	USA
CTAS Cintas Corporation	20.19 mm	110.49 k shares	0.15	Common equity	Long	USA
HUBB Hubbell Incorporated	19.75 mm	47.14 k shares	0.15	Common equity	Long	USA
TRV The Travelers Companies, Inc.	19.41 mm	80.56 k shares	0.14	Common equity	Long	USA
HWM Howmet Aerospace Inc.	19.40 mm	177.42 k shares	0.14	Common equity	Long	USA
PSA Public Storage	19.39 mm	64.76 k shares	0.14	Common equity	Long	USA
MPC Marathon Petroleum Corporation	19.30 mm	138.32 k shares	0.14	Common equity	Long	USA
DOV Dover Corporation	19.25 mm	102.63 k shares	0.14	Common equity	Long	USA
FCX Freeport-McMoRan Inc.	18.90 mm	496.34 k shares	0.14	Common equity	Long	USA
EQH Equitable Holdings, Inc.	18.79 mm	398.44 k shares	0.14	Common equity	Long	USA
REXR Rexford Industrial Realty, Inc.	18.76 mm	485.23 k shares	0.14	Common equity	Long	USA
COR Cencora	18.57 mm	82.66 k shares	0.14	Common equity	Long	USA
ANET Arista Networks, Inc.	18.56 mm	167.89 k shares	0.14	Common equity	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	18.52 mm	46.00 k shares	0.14	Common equity	Long	USA
CARR Carrier Global Corporation	18.51 mm	271.17 k shares	0.14	Common equity	Long	USA
FICO Fair Isaac Corporation	18.47 mm	9.28 k shares	0.14	Common equity	Long	USA
RENAISSANCERE HOLDINGS LTD	18.34 mm	73.72 k shares	0.14	Common equity	Long	Bermuda
LVS Las Vegas Sands Corp.	18.10 mm	352.48 k shares	0.13	Common equity	Long	USA
TDG TransDigm Group Incorporated	17.97 mm	14.18 k shares	0.13	Common equity	Long	USA
RTX RTX Corporation	17.86 mm	154.37 k shares	0.13	Common equity	Long	USA
VTRS Viatris Inc.	17.62 mm	1.42 mm shares	0.13	Common equity	Long	USA
SO The Southern Company	17.58 mm	213.58 k shares	0.13	Common equity	Long	USA
VLO Valero Energy Corporation	17.52 mm	142.91 k shares	0.13	Common equity	Long	USA
SYF Synchrony Financial	17.50 mm	269.20 k shares	0.13	Common equity	Long	USA
TPR Tapestry, Inc.	17.31 mm	264.95 k shares	0.13	Common equity	Long	USA
HBAN Huntington Bancshares Incorporated	17.23 mm	1.06 mm shares	0.13	Common equity	Long	USA
STT State Street Corporation	17.12 mm	174.43 k shares	0.13	Common equity	Long	USA
SAIA Saia, Inc.	16.95 mm	37.19 k shares	0.12	Common equity	Long	USA
TGT Target Corporation	16.92 mm	125.14 k shares	0.12	Common equity	Long	USA
CRWD CrowdStrike Holdings, Inc.	16.83 mm	49.20 k shares	0.12	Common equity	Long	USA
CAT Caterpillar Inc.	16.65 mm	45.89 k shares	0.12	Common equity	Long	USA
VOYA Voya Financial, Inc.	16.22 mm	235.65 k shares	0.12	Common equity	Long	USA
ARES Ares Management Corporation	15.91 mm	89.88 k shares	0.12	Common equity	Long	USA
FITB Fifth Third Bancorp	15.81 mm	373.89 k shares	0.12	Common equity	Long	USA
VMC Vulcan Materials Company	15.81 mm	61.45 k shares	0.12	Common equity	Long	USA
FANG Diamondback Energy, Inc.	15.79 mm	96.40 k shares	0.12	Common equity	Long	USA
ETR Entergy Corporation	15.39 mm	203.02 k shares	0.11	Common equity	Long	USA
PKG Packaging Corporation of America	15.13 mm	67.22 k shares	0.11	Common equity	Long	USA
CPRT Copart, Inc.	14.92 mm	260.05 k shares	0.11	Common equity	Long	USA
VRSK Verisk Analytics, Inc.	14.86 mm	53.97 k shares	0.11	Common equity	Long	USA
STLD Steel Dynamics, Inc.	14.76 mm	129.41 k shares	0.11	Common equity	Long	USA
CF CF Industries Holdings, Inc.	14.62 mm	171.40 k shares	0.11	Common equity	Long	USA
WM Waste Management, Inc.	14.56 mm	72.16 k shares	0.11	Common equity	Long	USA
EW Edwards Lifesciences Corporation	14.44 mm	195.10 k shares	0.11	Common equity	Long	USA
IEX IDEX Corporation	14.42 mm	68.92 k shares	0.11	Common equity	Long	USA
RGEN Repligen Corporation	14.20 mm	98.63 k shares	0.10	Common equity	Long	USA
MEDTRONIC PLC	14.14 mm	177.00 k shares	0.10	Common equity	Long	Ireland
FNV Franco-Nevada Corporation	14.06 mm	119.61 k shares	0.10	Common equity	Long	Canada
WDC Western Digital Corporation	14.02 mm	235.03 k shares	0.10	Common equity	Long	USA
DGX Quest Diagnostics Incorporated	13.95 mm	92.50 k shares	0.10	Common equity	Long	USA
COO The Cooper Companies, Inc.	13.73 mm	149.37 k shares	0.10	Common equity	Long	USA
COF Capital One Financial Corporation	13.73 mm	76.99 k shares	0.10	Common equity	Long	USA
IR Ingersoll Rand Inc.	13.66 mm	151.02 k shares	0.10	Common equity	Long	USA
PANW Palo Alto Networks, Inc.	13.63 mm	74.90 k shares	0.10	Common equity	Long	USA
BIIB Biogen Inc.	13.60 mm	88.96 k shares	0.10	Common equity	Long	USA
EFX Equifax Inc.	13.59 mm	53.34 k shares	0.10	Common equity	Long	USA
FAST Fastenal Company	13.58 mm	188.79 k shares	0.10	Common equity	Long	USA
FDX FedEx Corporation	13.55 mm	48.17 k shares	0.10	Common equity	Long	USA
WFG West Fraser Timber Co. Ltd.	13.53 mm	156.36 k shares	0.10	Common equity	Long	Canada