T. Rowe Price Tax-Efficient Equity Fund

Fund Profile

Fund profile

Tickers

PREFX, TEEFX

Fund manager

T. Rowe Price Tax-Efficient Equity Fund

Total assets

$1.24 bn

Liabilities

$2.62 mm

Net assets

$1.24 bn

Number of holdings

359.00

Top 200 of 359 Holdings

As of Nov 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
NVDA NVIDIA Corporation	126.08 mm	912.00 k shares	10.15	Common equity	Long	USA
AAPL Apple Inc.	108.46 mm	457.00 k shares	8.73	Common equity	Long	USA
MSFT Microsoft Corporation	106.76 mm	252.13 k shares	8.59	Common equity	Long	USA
AMZN Amazon.com, Inc.	66.81 mm	321.36 k shares	5.38	Common equity	Long	USA
GOOG Alphabet Inc.	64.12 mm	376.08 k shares	5.16	Common equity	Long	USA
META Meta Platforms, Inc.	62.54 mm	108.90 k shares	5.03	Common equity	Long	USA
Broadcom Pte. Ltd.	29.98 mm	185.00 k shares	2.41	Common equity	Long	USA
LLY Eli Lilly and Company	27.36 mm	34.40 k shares	2.20	Common equity	Long	USA
COST Costco Wholesale Corporation	21.09 mm	21.70 k shares	1.70	Common equity	Long	USA
V Visa Inc.	20.42 mm	64.80 k shares	1.64	Common equity	Long	USA
MA Mastercard Incorporated	19.29 mm	36.20 k shares	1.55	Common equity	Long	USA
NFLX Netflix, Inc.	16.58 mm	18.70 k shares	1.33	Common equity	Long	USA
TSLA Tesla, Inc.	14.90 mm	43.18 k shares	1.20	Common equity	Long	USA
NOW ServiceNow, Inc.	13.01 mm	12.40 k shares	1.05	Common equity	Long	USA
HD The Home Depot, Inc.	12.03 mm	28.04 k shares	0.97	Common equity	Long	USA
CRM Salesforce, Inc.	11.98 mm	36.30 k shares	0.96	Common equity	Long	USA
ADBE Adobe Inc.	11.13 mm	21.58 k shares	0.90	Common equity	Long	USA
INTU Intuit Inc.	10.72 mm	16.70 k shares	0.86	Common equity	Long	USA
SHOP Shopify Inc.	8.38 mm	72.50 k shares	0.67	Common equity	Long	Canada
BKNG Booking Holdings Inc.	8.36 mm	1.61 k shares	0.67	Common equity	Long	USA
APP AppLovin Corporation	8.25 mm	24.50 k shares	0.66	Common equity	Long	USA
ISRG Intuitive Surgical, Inc.	8.23 mm	15.19 k shares	0.66	Common equity	Long	USA
SPOT Spotify Technology S.A.	7.75 mm	16.26 k shares	0.62	Common equity	Long	Luxembourg
AXON Axon Enterprise, Inc.	7.50 mm	11.60 k shares	0.60	Common equity	Long	USA
UBER Uber Technologies, Inc.	7.48 mm	104.00 k shares	0.60	Common equity	Long	USA
QCOM QUALCOMM Incorporated	7.35 mm	46.38 k shares	0.59	Common equity	Long	USA
ORCL Oracle Corporation	7.34 mm	39.70 k shares	0.59	Common equity	Long	USA
SHW The Sherwin-Williams Company	6.94 mm	17.45 k shares	0.56	Common equity	Long	USA
FI Fiserv, Inc.	6.72 mm	30.40 k shares	0.54	Common equity	Long	USA
HLT Hilton Worldwide Holdings Inc.	6.72 mm	26.50 k shares	0.54	Common equity	Long	USA
TTD The Trade Desk, Inc.	6.30 mm	49.00 k shares	0.51	Common equity	Long	USA
AMD Advanced Micro Devices, Inc.	6.17 mm	44.95 k shares	0.50	Common equity	Long	USA
SNPS Synopsys, Inc.	5.99 mm	10.73 k shares	0.48	Common equity	Long	USA
TJX The TJX Companies, Inc.	5.98 mm	47.58 k shares	0.48	Common equity	Long	USA
MCK McKesson Corporation	5.97 mm	9.50 k shares	0.48	Common equity	Long	USA
WDAY Workday, Inc.	5.72 mm	22.90 k shares	0.46	Common equity	Long	USA
DDOG Datadog, Inc.	5.49 mm	35.96 k shares	0.44	Common equity	Long	USA
KLAC KLA Corporation	5.37 mm	8.30 k shares	0.43	Common equity	Long	USA
Eaton Corp. Plc	5.29 mm	14.10 k shares	0.43	Common equity	Long	Ireland
LNSTY London Stock Exchange Group plc	5.18 mm	38.24 k shares	0.42	Common equity	Long	USA
CDNS Cadence Design Systems, Inc.	5.09 mm	16.59 k shares	0.41	Common equity	Long	USA
PANW Palo Alto Networks, Inc.	4.96 mm	12.80 k shares	0.40	Common equity	Long	USA
ANET Arista Networks, Inc.	4.83 mm	11.90 k shares	0.39	Common equity	Long	USA
PLTR Palantir Technologies Inc.	4.82 mm	71.80 k shares	0.39	Common equity	Long	USA
FICO Fair Isaac Corporation	4.77 mm	2.01 k shares	0.38	Common equity	Long	USA
CMG Chipotle Mexican Grill, Inc.	4.74 mm	77.00 k shares	0.38	Common equity	Long	USA
APH Amphenol Corporation	4.73 mm	65.10 k shares	0.38	Common equity	Long	USA
FTNT Fortinet, Inc.	4.56 mm	48.00 k shares	0.37	Common equity	Long	USA
ADI Analog Devices, Inc.	4.25 mm	19.48 k shares	0.34	Common equity	Long	USA
TYL Tyler Technologies, Inc.	4.23 mm	6.72 k shares	0.34	Common equity	Long	USA
ZS Zscaler, Inc.	4.21 mm	20.40 k shares	0.34	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	4.03 mm	6.60 k shares	0.32	Common equity	Long	USA
APO Apollo Global Management, Inc.	3.96 mm	22.60 k shares	0.32	Common equity	Long	USA
ZTS Zoetis Inc.	3.96 mm	22.57 k shares	0.32	Common equity	Long	USA
LAMR Lamar Advertising Company	3.79 mm	28.30 k shares	0.31	Common equity	Long	USA
CRWD CrowdStrike Holdings, Inc.	3.77 mm	10.90 k shares	0.30	Common equity	Long	USA
CTAS Cintas Corporation	3.77 mm	16.70 k shares	0.30	Common equity	Long	USA
TSM Taiwan Semiconductor Manufacturing Company Limited	3.75 mm	20.30 k shares	0.30	Common equity	Long	Taiwan
ODFL Old Dominion Freight Line, Inc.	3.74 mm	16.63 k shares	0.30	Common equity	Long	USA
PH Parker-Hannifin Corporation	3.73 mm	5.30 k shares	0.30	Common equity	Long	USA
FAST Fastenal Company	3.68 mm	44.10 k shares	0.30	Common equity	Long	USA
TDG TransDigm Group Incorporated	3.67 mm	2.93 k shares	0.30	Common equity	Long	USA
OMC Omnicom Group Inc.	3.62 mm	34.50 k shares	0.29	Common equity	Long	USA
ARES Ares Management Corporation	3.53 mm	19.95 k shares	0.28	Common equity	Long	USA
LRCX Lam Research Corporation	3.52 mm	47.60 k shares	0.28	Common equity	Long	USA
IT Gartner, Inc.	3.46 mm	6.68 k shares	0.28	Common equity	Long	USA
VRSK Verisk Analytics, Inc.	3.44 mm	11.68 k shares	0.28	Common equity	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	3.37 mm	7.20 k shares	0.27	Common equity	Long	USA
MCO Moody's Corporation	3.36 mm	6.71 k shares	0.27	Common equity	Long	USA
UNP Union Pacific Corporation	3.28 mm	13.40 k shares	0.26	Common equity	Long	USA
ROST Ross Stores, Inc.	3.27 mm	21.10 k shares	0.26	Common equity	Long	USA
MSI Motorola Solutions, Inc.	3.25 mm	6.50 k shares	0.26	Common equity	Long	USA
IOT Samsara Inc.	3.20 mm	59.90 k shares	0.26	Common equity	Long	USA
VST Vistra Corp.	3.18 mm	19.90 k shares	0.26	Common equity	Long	USA
REGN Regeneron Pharmaceuticals, Inc.	3.15 mm	4.20 k shares	0.25	Common equity	Long	USA
LINDE PLC	3.11 mm	6.75 k shares	0.25	Common equity	Long	Ireland
HUBB Hubbell Incorporated	3.04 mm	6.60 k shares	0.24	Common equity	Long	USA
VIKING HOLDINGS LTD	2.96 mm	63.78 k shares	0.24	Common equity	Long	Bermuda
MMC Marsh & McLennan Companies, Inc.	2.92 mm	12.50 k shares	0.23	Common equity	Long	USA
MANH Manhattan Associates, Inc.	2.85 mm	10.00 k shares	0.23	Common equity	Long	USA
MELI MercadoLibre, Inc.	2.78 mm	1.40 k shares	0.22	Common equity	Long	USA
CPRT Copart, Inc.	2.78 mm	43.80 k shares	0.22	Common equity	Long	USA
AME AMETEK, Inc.	2.70 mm	13.89 k shares	0.22	Common equity	Long	USA
GDDY GoDaddy Inc.	2.69 mm	13.60 k shares	0.22	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	2.66 mm	5.02 k shares	0.21	Common equity	Long	USA
WCN Waste Connections, Inc.	2.64 mm	13.71 k shares	0.21	Common equity	Long	Canada
HCA HCA Healthcare, Inc.	2.59 mm	7.90 k shares	0.21	Common equity	Long	USA
ORLY O'Reilly Automotive, Inc.	2.55 mm	2.05 k shares	0.21	Common equity	Long	USA
KKR KKR & Co. Inc.	2.52 mm	15.50 k shares	0.20	Common equity	Long	USA
PWR Quanta Services, Inc.	2.48 mm	7.20 k shares	0.20	Common equity	Long	USA
RSG Republic Services, Inc.	2.47 mm	11.30 k shares	0.20	Common equity	Long	USA
MSCI MSCI Inc.	2.42 mm	3.98 k shares	0.20	Common equity	Long	USA
ADSK Autodesk, Inc.	2.27 mm	7.79 k shares	0.18	Common equity	Long	USA
BLACKROCK INC	2.25 mm	2.20 k shares	0.18	Common equity	Long	USA
TSCO Tractor Supply Company	2.25 mm	7.93 k shares	0.18	Common equity	Long	USA
ROP Roper Technologies, Inc.	2.23 mm	3.94 k shares	0.18	Common equity	Long	USA
TRANE TECHNOLOGIES PLC	2.16 mm	5.20 k shares	0.17	Common equity	Long	Ireland
ADP Automatic Data Processing, Inc.	2.15 mm	7.00 k shares	0.17	Common equity	Long	USA
ACN Accenture plc	2.11 mm	5.84 k shares	0.17	Common equity	Long	Ireland
MPWR Monolithic Power Systems, Inc.	2.11 mm	3.71 k shares	0.17	Common equity	Long	USA
ABNB Airbnb, Inc.	2.11 mm	15.47 k shares	0.17	Common equity	Long	USA
DXCM DexCom, Inc.	2.10 mm	26.93 k shares	0.17	Common equity	Long	USA
DASH DoorDash, Inc.	2.04 mm	11.30 k shares	0.16	Common equity	Long	USA
CVNA Carvana Co.	2.04 mm	7.83 k shares	0.16	Common equity	Long	USA
MDB MongoDB, Inc.	1.98 mm	6.15 k shares	0.16	Common equity	Long	USA
DKNG DraftKings Inc.	1.93 mm	44.25 k shares	0.16	Common equity	Long	USA
IDXX IDEXX Laboratories, Inc.	1.92 mm	4.56 k shares	0.15	Common equity	Long	USA
BR Broadridge Financial Solutions, Inc.	1.90 mm	8.06 k shares	0.15	Common equity	Long	USA
IRM Iron Mountain Incorporated	1.90 mm	15.35 k shares	0.15	Common equity	Long	USA
T. Rowe Price Government Reserve Fund \u2013 Collateral	1.89 mm	1.89 mm shares	0.15	Short-term investment vehicle	Long	USA
Vulcan Materials Company	1.87 mm	6.50 k shares	0.15	Common equity	Long	USA
AJG Arthur J. Gallagher & Co.	1.84 mm	5.90 k shares	0.15	Common equity	Long	USA
VEEV Veeva Systems Inc.	1.82 mm	7.99 k shares	0.15	Common equity	Long	USA
HIG The Hartford Financial Services Group, Inc.	1.76 mm	14.30 k shares	0.14	Common equity	Long	USA
ELV Elevance Health Inc.	1.73 mm	4.25 k shares	0.14	Common equity	Long	USA
AMP Ameriprise Financial, Inc.	1.72 mm	3.00 k shares	0.14	Common equity	Long	USA
ARGX argenx SE	1.69 mm	2.74 k shares	0.14	Common equity	Long	Netherlands
COIN Coinbase Global, Inc.	1.69 mm	5.70 k shares	0.14	Common equity	Long	USA
CAVA CAVA Group, Inc.	1.67 mm	11.88 k shares	0.13	Common equity	Long	USA
COR Cencora	1.66 mm	6.60 k shares	0.13	Common equity	Long	USA
URI United Rentals, Inc.	1.65 mm	1.90 k shares	0.13	Common equity	Long	USA
NGLS TRI Resources Inc.	1.62 mm	7.95 k shares	0.13	Common equity	Long	USA
PTC PTC Inc.	1.62 mm	8.10 k shares	0.13	Common equity	Long	USA
SBUX Starbucks Corporation	1.57 mm	15.28 k shares	0.13	Common equity	Long	USA
PCTY Paylocity Holding Corporation	1.56 mm	7.50 k shares	0.13	Common equity	Long	USA
CME CME Group Inc.	1.50 mm	6.31 k shares	0.12	Common equity	Long	USA
YUM Yum! Brands, Inc.	1.49 mm	10.70 k shares	0.12	Common equity	Long	USA
BJ BJ's Wholesale Club Holdings, Inc.	1.49 mm	15.43 k shares	0.12	Common equity	Long	USA
NU Nu Holdings Ltd.	1.48 mm	118.30 k shares	0.12	Common equity	Long	Cayman Islands
VRT Vertiv Holdings Co	1.47 mm	11.53 k shares	0.12	Common equity	Long	USA
CBOE Cboe Global Markets, Inc.	1.44 mm	6.68 k shares	0.12	Common equity	Long	USA
DATABRICKS SER F CVT PFD STCK PP	1.44 mm	15.57 k shares	0.12	Preferred equity	Long	USA
AZO AutoZone, Inc.	1.44 mm	454.00 shares	0.12	Common equity	Long	USA
Ferguson Enterprises Inc.	1.43 mm	6.60 k shares	0.11	Common equity	Long	USA
ENTG Entegris, Inc.	1.42 mm	13.46 k shares	0.11	Common equity	Long	USA
CDW CDW Corporation	1.41 mm	8.02 k shares	0.11	Common equity	Long	USA
SCI Service Corporation International	1.41 mm	15.88 k shares	0.11	Common equity	Long	USA
MTD Mettler-Toledo International Inc.	1.39 mm	1.11 k shares	0.11	Common equity	Long	USA
PR Permian Resources Corporation	1.39 mm	88.90 k shares	0.11	Common equity	Long	USA
MOH Molina Healthcare, Inc.	1.37 mm	4.61 k shares	0.11	Common equity	Long	USA
RCL Royal Caribbean Cruises Ltd.	1.37 mm	5.63 k shares	0.11	Common equity	Long	Liberia
HUBS HubSpot, Inc.	1.32 mm	1.83 k shares	0.11	Common equity	Long	USA
CMI Cummins Inc.	1.26 mm	3.36 k shares	0.10	Common equity	Long	USA
WSO Watsco, Inc.	1.25 mm	2.27 k shares	0.10	Common equity	Long	USA
WING Wingstop Inc.	1.25 mm	3.80 k shares	0.10	Common equity	Long	USA
HAL Halliburton Company	1.22 mm	38.40 k shares	0.10	Common equity	Long	USA
SPGI S&P Global Inc.	1.22 mm	2.34 k shares	0.10	Common equity	Long	USA
EFX Equifax Inc.	1.22 mm	4.66 k shares	0.10	Common equity	Long	USA
ON ON Semiconductor Corporation	1.21 mm	17.00 k shares	0.10	Common equity	Long	USA
A Agilent Technologies, Inc.	1.20 mm	8.71 k shares	0.10	Common equity	Long	USA
CTRA Coterra Energy Inc.	1.19 mm	44.55 k shares	0.10	Common equity	Long	USA
TECH Bio-Techne Corporation	1.18 mm	15.70 k shares	0.10	Common equity	Long	USA
CSGP CoStar Group, Inc.	1.17 mm	14.38 k shares	0.09	Common equity	Long	USA
SITE SiteOne Landscape Supply, Inc.	1.15 mm	7.50 k shares	0.09	Common equity	Long	USA
NET Cloudflare, Inc.	1.14 mm	11.43 k shares	0.09	Common equity	Long	USA
ELS Equity LifeStyle Properties, Inc.	1.13 mm	15.85 k shares	0.09	Common equity	Long	USA
FANG Diamondback Energy, Inc.	1.12 mm	6.30 k shares	0.09	Common equity	Long	USA
CPNG Coupang, Inc.	1.10 mm	43.20 k shares	0.09	Common equity	Long	USA
HEI HEICO Corporation	1.09 mm	4.00 k shares	0.09	Common equity	Long	USA
DE Deere & Company	1.09 mm	2.35 k shares	0.09	Common equity	Long	USA
ROL Rollins, Inc.	1.09 mm	21.65 k shares	0.09	Common equity	Long	USA
LHX L3Harris Technologies, Inc.	1.09 mm	4.42 k shares	0.09	Common equity	Long	USA
DECK Deckers Outdoor Corporation	1.08 mm	5.50 k shares	0.09	Common equity	Long	USA
NOC Northrop Grumman Corporation	1.08 mm	2.20 k shares	0.09	Common equity	Long	USA
CUBE CubeSmart	1.05 mm	21.10 k shares	0.08	Common equity	Long	USA
MEDP Medpace Holdings, Inc.	1.04 mm	3.05 k shares	0.08	Common equity	Long	USA
DATABRICKS SER H CVT PFD STOCK PP	1.03 mm	11.14 k shares	0.08	Preferred equity	Long	USA
MCHP Microchip Technology Incorporated	1.01 mm	14.82 k shares	0.08	Common equity	Long	USA
RACE Ferrari N.V.	972.52 k	2.24 k shares	0.08	Common equity	Long	Netherlands
BURL Burlington Stores, Inc.	965.44 k	3.43 k shares	0.08	Common equity	Long	USA
ALNY Alnylam Pharmaceuticals, Inc.	961.92 k	3.80 k shares	0.08	Common equity	Long	USA
LNG Cheniere Energy, Inc.	952.04 k	4.25 k shares	0.08	Common equity	Long	USA
HWM Howmet Aerospace Inc.	947.04 k	8.00 k shares	0.08	Common equity	Long	USA
CP Canadian Pacific Railway Limited	919.08 k	12.00 k shares	0.07	Common equity	Long	Canada
DHR Danaher Corporation	910.82 k	3.80 k shares	0.07	Common equity	Long	USA
MU Micron Technology, Inc.	881.55 k	9.00 k shares	0.07	Common equity	Long	USA
RBLX Roblox Corporation	877.28 k	17.50 k shares	0.07	Common equity	Long	USA
DEO Diageo plc	847.46 k	7.10 k shares	0.07	Common equity	Long	UK
BHP GROUP LTD	842.40 k	16.00 k shares	0.07	Common equity	Long	Australia
NTRA Natera, Inc.	780.18 k	4.65 k shares	0.06	Common equity	Long	USA
CAH Cardinal Health, Inc.	730.38 k	5.98 k shares	0.06	Common equity	Long	USA
CORPAY INC	724.24 k	1.90 k shares	0.06	Common equity	Long	USA
LPLA LPL Financial Holdings Inc.	715.33 k	2.20 k shares	0.06	Common equity	Long	USA
BAH Booz Allen Hamilton Holding Corporation	715.12 k	4.83 k shares	0.06	Common equity	Long	USA
T. Rowe Price Government Reserve Fund	711.58 k	711.58 k shares	0.06	Short-term investment vehicle	Long	USA
VNOM Viper Energy Partners LP	707.65 k	13.08 k shares	0.06	Common equity	Long	USA
LII Lennox International Inc.	667.13 k	1.00 k shares	0.05	Common equity	Long	USA
BRO Brown & Brown, Inc.	661.64 k	5.85 k shares	0.05	Common equity	Long	USA
PINS Pinterest, Inc.	654.91 k	21.60 k shares	0.05	Common equity	Long	USA
DOCU DocuSign, Inc.	645.49 k	8.10 k shares	0.05	Common equity	Long	USA
FIX Comfort Systems USA, Inc.	641.25 k	1.30 k shares	0.05	Common equity	Long	USA
PAYX Paychex, Inc.	599.71 k	4.10 k shares	0.05	Common equity	Long	USA
XPO XPO Logistics, Inc.	563.92 k	3.70 k shares	0.05	Common equity	Long	USA
TOST Toast, Inc.	561.67 k	12.90 k shares	0.05	Common equity	Long	USA
CANVA COMMON STOCK PP	558.50 k	422.00 shares	0.04	Common equity	Long	USA
CASY Casey's General Stores, Inc.	526.11 k	1.25 k shares	0.04	Common equity	Long	USA
ONON On Holding AG	524.97 k	9.00 k shares	0.04	Common equity	Long	Switzerland
ULTA Ulta Beauty, Inc.	502.63 k	1.30 k shares	0.04	Common equity	Long	USA
NBIX Neurocrine Biosciences, Inc.	500.03 k	3.95 k shares	0.04	Common equity	Long	USA
SAIA Saia, Inc.	497.95 k	875.00 shares	0.04	Common equity	Long	USA