T. Rowe Price Balanced Fund, Inc.

Fund Profile

Fund profile

Tickers

RPBAX, RBAIX

Fund manager

T. Rowe Price Balanced Fund

Total assets

$4.89 bn

Liabilities

$108.87 mm

Net assets

$4.78 bn

Number of holdings

1.60 k

Top 200 of 1596 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
T ROWE PR INST HI YLD-INST	216.03 mm	27.17 mm shares	4.52	Common equity	Long	USA
T ROWE PRICE REAL ASSETS FUND INC	213.58 mm	13.70 mm shares	4.47	Common equity	Long	USA
MSFT Microsoft Corporation	134.37 mm	312.26 k shares	2.81	Common equity	Long	USA
NVDA NVIDIA Corporation	119.91 mm	987.38 k shares	2.51	Common equity	Long	USA
AAPL Apple Inc.	113.64 mm	487.71 k shares	2.38	Common equity	Long	USA
AMZN Amazon.com, Inc.	77.86 mm	417.85 k shares	1.63	Common equity	Long	USA
T. Rowe Price Government Reserve Fund \u2013 Collateral	76.12 mm	76.12 mm shares	1.59	Short-term investment vehicle	Long	USA
T. Rowe Price Treasury Reserve Fund	61.92 mm	61.92 mm shares	1.30	Short-term investment vehicle	Long	USA
META Meta Platforms, Inc.	61.85 mm	108.05 k shares	1.29	Common equity	Long	USA
GOOG Alphabet Inc.	53.46 mm	319.78 k shares	1.12	Common equity	Long	USA
LLY Eli Lilly and Company	36.45 mm	41.14 k shares	0.76	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	35.27 mm	60.32 k shares	0.74	Common equity	Long	USA
BRK-B Berkshire Hathaway Inc.	34.44 mm	74.83 k shares	0.72	Common equity	Long	USA
V Visa Inc.	30.47 mm	110.83 k shares	0.64	Common equity	Long	USA
Broadcom Pte. Ltd.	29.59 mm	171.51 k shares	0.62	Common equity	Long	USA
JPM JPMorgan Chase & Co.	29.41 mm	139.48 k shares	0.62	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	29.41 mm	29.37 mm principal	0.62	Debt	Long	USA
ASTRAZENECA PLC	29.02 mm	372.45 k shares	0.61	Common equity	Long	UK
UNITED STATES TREASURY NOTE/BOND	26.54 mm	27.54 mm principal	0.56	Debt	Long	USA
TSLA Tesla, Inc.	24.37 mm	93.13 k shares	0.51	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	23.27 mm	24.23 mm principal	0.49	Debt	Long	USA
SIEMENS AG	23.14 mm	114.40 k shares	0.48	Common equity	Long	Germany
T ROWE PRICE INFLATION PROTECTED BOND FUND INC	23.09 mm	2.13 mm shares	0.48	Common equity	Long	USA
KVUE Kenvue Inc.	22.64 mm	978.82 k shares	0.47	Common equity	Long	USA
MA Mastercard Incorporated	21.80 mm	44.15 k shares	0.46	Common equity	Long	USA
JNJ Johnson & Johnson	21.65 mm	133.57 k shares	0.45	Common equity	Long	USA
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	21.50 mm	712.97 k shares	0.45	Common equity	Long	Taiwan
NESTLE SA	19.94 mm	198.47 k shares	0.42	Common equity	Long	Switzerland
TMUS T-Mobile US, Inc.	19.62 mm	95.10 k shares	0.41	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	19.33 mm	19.03 mm principal	0.40	Debt	Long	USA
XOM Exxon Mobil Corporation	19.27 mm	164.41 k shares	0.40	Common equity	Long	USA
UNILEVER PLC	18.59 mm	286.81 k shares	0.39	Common equity	Long	UK
UNITED STATES TREASURY NOTE/BOND	18.49 mm	28.39 mm principal	0.39	Debt	Long	USA
GOOG Alphabet Inc.	18.48 mm	111.45 k shares	0.39	Common equity	Long	USA
ELV Elevance Health Inc.	18.36 mm	35.30 k shares	0.38	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	18.30 mm	19.21 mm principal	0.38	Debt	Long	USA
BAC Bank of America Corporation	18.27 mm	460.37 k shares	0.38	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	18.22 mm	29.46 k shares	0.38	Common equity	Long	USA
FI Fiserv, Inc.	17.44 mm	97.05 k shares	0.36	Common equity	Long	USA
SCHW The Charles Schwab Corporation	17.42 mm	268.82 k shares	0.36	Common equity	Long	USA
NFLX Netflix, Inc.	17.21 mm	24.27 k shares	0.36	Common equity	Long	USA
PG The Procter & Gamble Company	16.97 mm	97.95 k shares	0.35	Common equity	Long	USA
WMT Walmart Inc.	16.49 mm	204.16 k shares	0.34	Common equity	Long	USA
GE General Electric Company	16.45 mm	87.23 k shares	0.34	Common equity	Long	USA
ASML HOLDING NV	16.43 mm	19.75 k shares	0.34	Common equity	Long	Netherlands
KO The Coca-Cola Company	16.25 mm	226.08 k shares	0.34	Common equity	Long	USA
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN	16.15 mm	29.31 k shares	0.34	Common equity	Long	Germany
UNITED STATES TREASURY NOTE/BOND	15.29 mm	16.36 mm principal	0.32	Debt	Long	USA
TXN Texas Instruments Incorporated	15.03 mm	72.78 k shares	0.31	Common equity	Long	USA
AMD Advanced Micro Devices, Inc.	14.72 mm	89.68 k shares	0.31	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	14.63 mm	14.38 mm principal	0.31	Debt	Long	USA
DHR Danaher Corporation	14.52 mm	52.24 k shares	0.30	Common equity	Long	USA
NOW ServiceNow, Inc.	14.48 mm	16.19 k shares	0.30	Common equity	Long	USA
LINDE PLC	14.30 mm	29.99 k shares	0.30	Common equity	Long	Ireland
SANOFI SA	14.29 mm	124.12 k shares	0.30	Common equity	Long	France
UNITED STATES TREASURY NOTE/BOND	14.22 mm	15.63 mm principal	0.30	Debt	Long	USA
UNITED STATES TREASURY NOTE/BOND	14.18 mm	16.70 mm principal	0.30	Debt	Long	USA
CHUBB LTD	14.07 mm	48.80 k shares	0.29	Common equity	Long	Switzerland
HD The Home Depot, Inc.	14.06 mm	34.71 k shares	0.29	Common equity	Long	USA
AXA SA	14.05 mm	365.07 k shares	0.29	Common equity	Long	France
ISRG Intuitive Surgical, Inc.	13.88 mm	28.26 k shares	0.29	Common equity	Long	USA
NOVO NORDISK A/S	13.86 mm	116.86 k shares	0.29	Common equity	Long	Denmark
BKNG Booking Holdings Inc.	13.50 mm	3.20 k shares	0.28	Common equity	Long	USA
NOVARTIS AG	13.36 mm	116.05 k shares	0.28	Common equity	Long	Switzerland
FANNIE MAE POOL	13.30 mm	15.95 mm principal	0.28	ABS-mortgage backed security	Long	USA
SAP SE	12.87 mm	56.27 k shares	0.27	Common equity	Long	Germany
COP ConocoPhillips	12.86 mm	122.16 k shares	0.27	Common equity	Long	USA
MCD McDonald's Corporation	12.63 mm	41.48 k shares	0.26	Common equity	Long	USA
ROCHE HOLDING AG	12.60 mm	39.38 k shares	0.26	Common equity	Long	Switzerland
CL Colgate-Palmolive Company	12.57 mm	121.07 k shares	0.26	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	12.54 mm	16.08 mm principal	0.26	Debt	Long	USA
TOTALENERGIES SE	12.44 mm	191.65 k shares	0.26	Common equity	Long	France
AXP American Express Company	12.08 mm	44.54 k shares	0.25	Common equity	Long	USA
KEYS Keysight Technologies, Inc.	11.95 mm	75.20 k shares	0.25	Common equity	Long	USA
SHW The Sherwin-Williams Company	11.65 mm	30.52 k shares	0.24	Common equity	Long	USA
XEL Xcel Energy Inc.	11.60 mm	177.58 k shares	0.24	Common equity	Long	USA
ABB LTD	11.49 mm	198.06 k shares	0.24	Common equity	Long	Switzerland
FANNIE MAE OR FREDDIE MAC	11.18 mm	11.19 mm principal	0.23	ABS-mortgage backed security	Long	USA
T ROWE PR LTD DUR INFL-I	11.11 mm	2.31 mm shares	0.23	Common equity	Long	USA
CVX Chevron Corporation	11.06 mm	75.10 k shares	0.23	Common equity	Long	USA
TE CONNECTIVITY PLC	11.03 mm	73.04 k shares	0.23	Common equity	Long	Ireland
SLB Schlumberger Limited	10.83 mm	258.21 k shares	0.23	Common equity	Long	Curaçao
COR Cencora	10.70 mm	47.53 k shares	0.22	Common equity	Long	USA
TOKIO MARINE HOLDINGS INC	10.68 mm	289.70 k shares	0.22	Common equity	Long	Japan
ING GROEP NV	10.40 mm	573.33 k shares	0.22	Common equity	Long	Netherlands
WAB Westinghouse Air Brake Technologies Corporation	10.27 mm	56.52 k shares	0.21	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	10.13 mm	9.17 mm principal	0.21	Debt	Long	USA
CMCSA Comcast Corporation	10.08 mm	241.37 k shares	0.21	Common equity	Long	USA
PRYSMIAN SPA	10.03 mm	137.79 k shares	0.21	Common equity	Long	Italy
AME AMETEK, Inc.	9.77 mm	56.87 k shares	0.20	Common equity	Long	USA
COMPASS GROUP PLC	9.74 mm	303.87 k shares	0.20	Common equity	Long	UK
DNB BANK ASA	9.64 mm	470.29 k shares	0.20	Common equity	Long	Norway
ODFL Old Dominion Freight Line, Inc.	9.53 mm	48.00 k shares	0.20	Common equity	Long	USA
ENGIE SA	9.51 mm	550.06 k shares	0.20	Common equity	Long	France
TOYOTA MOTOR CORP	9.41 mm	523.30 k shares	0.20	Common equity	Long	Japan
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES	9.39 mm	10.51 mm principal	0.20	ABS-mortgage backed security	Long	USA
PSA Public Storage	9.29 mm	25.53 k shares	0.19	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	9.28 mm	11.19 mm principal	0.19	Debt	Long	USA
CVNA Carvana Co.	9.24 mm	53.08 k shares	0.19	Common equity	Long	USA
EQUINOR ASA	9.17 mm	362.53 k shares	0.19	Common equity	Long	Norway
AEE Ameren Corporation	8.93 mm	102.07 k shares	0.19	Common equity	Long	USA
ELEMENT FLEET MANAGEMENT CORP	8.87 mm	417.11 k shares	0.19	Common equity	Long	Canada
SONY GROUP CORP	8.86 mm	456.00 k shares	0.19	Common equity	Long	Japan
UNITED STATES TREASURY NOTE/BOND	8.85 mm	10.64 mm principal	0.19	Debt	Long	USA
NATIONAL BANK OF CANADA	8.74 mm	92.49 k shares	0.18	Common equity	Long	Canada
UNITED STATES TREASURY NOTE/BOND	8.72 mm	8.59 mm principal	0.18	Debt	Long	USA
CSX CSX Corporation	8.70 mm	252.05 k shares	0.18	Common equity	Long	USA
NSC Norfolk Southern Corporation	8.62 mm	34.68 k shares	0.18	Common equity	Long	USA
NIPPON TELEGRAPH & TELEPHONE CORP	8.59 mm	8.38 mm shares	0.18	Common equity	Long	Japan
THC Tenet Healthcare Corporation	8.52 mm	51.29 k shares	0.18	Common equity	Long	USA
DE Deere & Company	8.42 mm	20.17 k shares	0.18	Common equity	Long	USA
ROK Rockwell Automation, Inc.	8.41 mm	31.33 k shares	0.18	Common equity	Long	USA
NATIONAL GRID PLC	8.37 mm	605.31 k shares	0.18	Common equity	Long	UK
SHELL PLC	8.30 mm	125.88 k shares	0.17	Common equity	Long	UK
UNITED STATES TREASURY NOTE/BOND	8.29 mm	8.07 mm principal	0.17	Debt	Long	USA
KDP Keurig Dr Pepper Inc.	8.28 mm	221.02 k shares	0.17	Common equity	Long	USA
SAFRAN SA	8.27 mm	35.13 k shares	0.17	Common equity	Long	France
Cigna Holding Co	8.13 mm	23.47 k shares	0.17	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	8.13 mm	8.00 mm principal	0.17	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	8.09 mm	16.35 k shares	0.17	Common equity	Long	USA
AIR LIQUIDE SA	8.08 mm	41.85 k shares	0.17	Common equity	Long	France
MRK Merck & Co., Inc.	8.07 mm	71.09 k shares	0.17	Common equity	Long	USA
INTU Intuit Inc.	8.07 mm	12.99 k shares	0.17	Common equity	Long	USA
ALL The Allstate Corporation	8.02 mm	42.27 k shares	0.17	Common equity	Long	USA
CMG Chipotle Mexican Grill, Inc.	8.00 mm	138.76 k shares	0.17	Common equity	Long	USA
IP International Paper Company	7.89 mm	161.43 k shares	0.16	Common equity	Long	USA
SIEMENS HEALTHINEERS AG	7.84 mm	130.54 k shares	0.16	Common equity	Long	Germany
KONINKLIJKE PHILIPS NV	7.70 mm	234.86 k shares	0.16	Common equity	Long	Netherlands
AZO AutoZone, Inc.	7.68 mm	2.44 k shares	0.16	Common equity	Long	USA
CEG Constellation Energy Corporation	7.58 mm	29.16 k shares	0.16	Common equity	Long	USA
EQT EQT Corporation	7.56 mm	206.34 k shares	0.16	Common equity	Long	USA
UNP Union Pacific Corporation	7.55 mm	30.65 k shares	0.16	Common equity	Long	USA
BDX Becton, Dickinson and Company	7.52 mm	31.19 k shares	0.16	Common equity	Long	USA
RRC Range Resources Corporation	7.42 mm	241.08 k shares	0.16	Common equity	Long	USA
LEGRAND SA	7.40 mm	64.27 k shares	0.15	Common equity	Long	France
MDLZ Mondelez International, Inc.	7.36 mm	99.93 k shares	0.15	Common equity	Long	USA
L'OREAL SA	7.33 mm	16.35 k shares	0.15	Common equity	Long	France
SEVEN & I HOLDINGS CO LTD	7.30 mm	484.60 k shares	0.15	Common equity	Long	Japan
LHX L3Harris Technologies, Inc.	7.28 mm	30.61 k shares	0.15	Common equity	Long	USA
CMI Cummins Inc.	7.27 mm	22.45 k shares	0.15	Common equity	Long	USA
KINGFISHER PLC	7.26 mm	1.68 mm shares	0.15	Common equity	Long	UK
ZURICH INSURANCE GROUP AG	7.24 mm	11.99 k shares	0.15	Common equity	Long	Switzerland
SNPS Synopsys, Inc.	7.15 mm	14.13 k shares	0.15	Common equity	Long	USA
NEE NextEra Energy, Inc.	7.15 mm	84.59 k shares	0.15	Common equity	Long	USA
SAMPO OYJ	7.15 mm	153.24 k shares	0.15	Common equity	Long	Finland
GINNIE MAE	7.13 mm	7.06 mm principal	0.15	ABS-mortgage backed security	Long	USA
MITSUI FUDOSAN CO LTD	7.09 mm	752.10 k shares	0.15	Common equity	Long	Japan
EXC Exelon Corporation	7.06 mm	174.10 k shares	0.15	Common equity	Long	USA
SUN LIFE FINANCIAL INC	7.05 mm	121.55 k shares	0.15	Common equity	Long	Canada
MITSUBISHI UFJ FINANCIAL GROUP INC	7.05 mm	686.50 k shares	0.15	Common equity	Long	Japan
NXP SEMICONDUCTORS NV	6.98 mm	29.08 k shares	0.15	Common equity	Long	Netherlands
UNITED OVERSEAS BANK LTD	6.96 mm	278.90 k shares	0.15	Common equity	Long	Singapore
ADI Analog Devices, Inc.	6.96 mm	30.23 k shares	0.15	Common equity	Long	USA
FANNIE MAE POOL	6.90 mm	8.31 mm principal	0.14	ABS-mortgage backed security	Long	USA
RVTY Revvity, Inc.	6.90 mm	54.02 k shares	0.14	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	6.81 mm	6.45 mm principal	0.14	Debt	Long	USA
TRV The Travelers Companies, Inc.	6.66 mm	28.43 k shares	0.14	Common equity	Long	USA
RECRUIT HOLDINGS CO LTD	6.63 mm	109.10 k shares	0.14	Common equity	Long	Japan
NEXT PLC	6.56 mm	50.07 k shares	0.14	Common equity	Long	UK
SAMSUNG ELECTRONICS CO LTD	6.55 mm	140.24 k shares	0.14	Common equity	Long	Korea, Republic of
UNITED STATES TREASURY NOTE/BOND	6.50 mm	7.56 mm principal	0.14	Debt	Long	USA
ANTOFAGASTA PLC	6.46 mm	239.48 k shares	0.14	Common equity	Long	UK
ASML ASML Holding N.V.	6.39 mm	7.67 k shares	0.13	Common equity	Long	Netherlands
C Citigroup Inc.	6.36 mm	101.55 k shares	0.13	Common equity	Long	USA
UNITED STATES TREASURY NOTE/BOND	6.34 mm	7.18 mm principal	0.13	Debt	Long	USA
MITSUBISHI ELECTRIC CORP	6.31 mm	389.20 k shares	0.13	Common equity	Long	Japan
GINNIE MAE II POOL	6.27 mm	7.12 mm principal	0.13	ABS-mortgage backed security	Long	USA
SYK Stryker Corporation	6.27 mm	17.34 k shares	0.13	Common equity	Long	USA
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES	6.19 mm	6.10 mm principal	0.13	ABS-mortgage backed security	Long	USA
HEINEKEN NV	6.14 mm	69.18 k shares	0.13	Common equity	Long	Netherlands
WPP PLC	6.12 mm	597.77 k shares	0.13	Common equity	Long	Jersey
AIA GROUP LTD	6.03 mm	691.00 k shares	0.13	Common equity	Long	Hong Kong
SUMITOMO CORP	5.94 mm	264.70 k shares	0.12	Common equity	Long	Japan
CORPAY INC	5.94 mm	18.99 k shares	0.12	Common equity	Long	USA
QCOM QUALCOMM Incorporated	5.93 mm	34.86 k shares	0.12	Common equity	Long	USA
FREDDIE MAC POOL	5.79 mm	6.70 mm principal	0.12	ABS-mortgage backed security	Long	USA
FANNIE MAE POOL	5.79 mm	5.66 mm principal	0.12	ABS-mortgage backed security	Long	USA
MELROSE INDUSTRIES PLC	5.77 mm	944.13 k shares	0.12	Common equity	Long	UK
ROP Roper Technologies, Inc.	5.75 mm	10.34 k shares	0.12	Common equity	Long	USA
BROOKFIELD CORP	5.74 mm	108.14 k shares	0.12	Common equity	Long	Canada
CRM Salesforce, Inc.	5.71 mm	20.88 k shares	0.12	Common equity	Long	USA
ATO Atmos Energy Corporation	5.66 mm	40.79 k shares	0.12	Common equity	Long	USA
BT GROUP PLC	5.65 mm	2.85 mm shares	0.12	Common equity	Long	UK
AMADEUS IT GROUP SA	5.62 mm	77.57 k shares	0.12	Common equity	Long	Spain
STANDARD CHARTERED PLC	5.61 mm	529.32 k shares	0.12	Common equity	Long	UK
SANDVIK AB	5.61 mm	250.74 k shares	0.12	Common equity	Long	Sweden
DIAGEO PLC	5.60 mm	160.28 k shares	0.12	Common equity	Long	UK
COST Costco Wholesale Corporation	5.55 mm	6.26 k shares	0.12	Common equity	Long	USA
STOREBRAND ASA	5.52 mm	503.03 k shares	0.12	Common equity	Long	Norway
BUNZL PLC	5.49 mm	115.90 k shares	0.11	Common equity	Long	UK
GD General Dynamics Corporation	5.37 mm	17.77 k shares	0.11	Common equity	Long	USA
INTESA SANPAOLO SPA	5.37 mm	1.25 mm shares	0.11	Common equity	Long	Italy
UNITED STATES TREASURY NOTE/BOND	5.36 mm	8.55 mm principal	0.11	Debt	Long	USA
SCENTRE GROUP	5.34 mm	2.12 mm shares	0.11	Common equity	Long	Australia
UNITED STATES TREASURY NOTE/BOND	5.34 mm	5.64 mm principal	0.11	Debt	Long	USA
DENSO CORP	5.33 mm	354.90 k shares	0.11	Common equity	Long	Japan
SPGI S&P Global Inc.	5.32 mm	10.31 k shares	0.11	Common equity	Long	USA
BHP GROUP LTD	5.29 mm	170.71 k shares	0.11	Common equity	Long	Australia
MPWR Monolithic Power Systems, Inc.	5.23 mm	5.65 k shares	0.11	Common equity	Long	USA
TELEFONAKTIEBOLAGET LM ERICSSON	5.19 mm	686.47 k shares	0.11	Common equity	Long	Sweden