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

$1.14 bn

Liabilities

$2.63 mm

Net assets

$1.14 bn

Number of holdings

370.00

Top 200 of 370 Holdings

As of Aug 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
NVDA NVIDIA Corporation	114.60 mm	960.00 k shares	10.09	Common equity	Long	USA
MSFT Microsoft Corporation	105.17 mm	252.13 k shares	9.26	Common equity	Long	USA
AAPL Apple Inc.	104.65 mm	457.00 k shares	9.21	Common equity	Long	USA
GOOG Alphabet Inc.	62.09 mm	376.08 k shares	5.46	Common equity	Long	USA
META Meta Platforms, Inc.	54.58 mm	104.70 k shares	4.80	Common equity	Long	USA
AMZN Amazon.com, Inc.	54.15 mm	303.36 k shares	4.77	Common equity	Long	USA
LLY Eli Lilly and Company	30.82 mm	32.10 k shares	2.71	Common equity	Long	USA
Broadcom Pte. Ltd.	27.68 mm	170.00 k shares	2.44	Common equity	Long	USA
V Visa Inc.	25.09 mm	90.80 k shares	2.21	Common equity	Long	USA
MA Mastercard Incorporated	18.71 mm	38.70 k shares	1.65	Common equity	Long	USA
COST Costco Wholesale Corporation	17.04 mm	19.10 k shares	1.50	Common equity	Long	USA
NFLX Netflix, Inc.	12.90 mm	18.40 k shares	1.14	Common equity	Long	USA
ADBE Adobe Inc.	11.55 mm	20.10 k shares	1.02	Common equity	Long	USA
NOW ServiceNow, Inc.	11.46 mm	13.40 k shares	1.01	Common equity	Long	USA
HD The Home Depot, Inc.	11.44 mm	31.04 k shares	1.01	Common equity	Long	USA
TSLA Tesla, Inc.	9.46 mm	44.18 k shares	0.83	Common equity	Long	USA
KLAC KLA Corporation	9.10 mm	11.10 k shares	0.80	Common equity	Long	USA
INTU Intuit Inc.	8.82 mm	14.00 k shares	0.78	Common equity	Long	USA
HLT Hilton Worldwide Holdings Inc.	7.80 mm	35.50 k shares	0.69	Common equity	Long	USA
MCK McKesson Corporation	7.57 mm	13.50 k shares	0.67	Common equity	Long	USA
CMG Chipotle Mexican Grill, Inc.	7.29 mm	130.00 k shares	0.64	Common equity	Long	USA
CRM Salesforce, Inc.	6.60 mm	26.10 k shares	0.58	Common equity	Long	USA
ISRG Intuitive Surgical, Inc.	6.50 mm	13.19 k shares	0.57	Common equity	Long	USA
SNPS Synopsys, Inc.	6.41 mm	12.33 k shares	0.56	Common equity	Long	USA
FTNT Fortinet, Inc.	6.37 mm	83.00 k shares	0.56	Common equity	Long	USA
ANET Arista Networks, Inc.	6.15 mm	17.40 k shares	0.54	Common equity	Long	USA
QCOM QUALCOMM Incorporated	6.06 mm	34.58 k shares	0.53	Common equity	Long	USA
BKNG Booking Holdings Inc.	5.89 mm	1.51 k shares	0.52	Common equity	Long	USA
UBER Uber Technologies, Inc.	5.74 mm	78.50 k shares	0.51	Common equity	Long	USA
PANW Palo Alto Networks, Inc.	5.73 mm	15.80 k shares	0.50	Common equity	Long	USA
ORLY O'Reilly Automotive, Inc.	5.71 mm	5.05 k shares	0.50	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	5.67 mm	9.60 k shares	0.50	Common equity	Long	USA
TTD The Trade Desk, Inc.	5.64 mm	54.00 k shares	0.50	Common equity	Long	USA
AMD Advanced Micro Devices, Inc.	5.58 mm	37.55 k shares	0.49	Common equity	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	5.06 mm	10.20 k shares	0.45	Common equity	Long	USA
CDNS Cadence Design Systems, Inc.	5.05 mm	18.79 k shares	0.44	Common equity	Long	USA
REGN Regeneron Pharmaceuticals, Inc.	4.98 mm	4.20 k shares	0.44	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	4.93 mm	8.02 k shares	0.43	Common equity	Long	USA
TJX The TJX Companies, Inc.	4.76 mm	40.58 k shares	0.42	Common equity	Long	USA
TDG TransDigm Group Incorporated	4.71 mm	3.43 k shares	0.41	Common equity	Long	USA
SPOTIFY TECHNOLOGY SA	4.68 mm	13.66 k shares	0.41	Common equity	Long	Luxembourg
APH Amphenol Corporation	4.66 mm	69.10 k shares	0.41	Common equity	Long	USA
TSM Taiwan Semiconductor Manufacturing Company Limited	4.52 mm	26.30 k shares	0.40	Common equity	Long	Taiwan
ELV Elevance Health Inc.	4.31 mm	7.75 k shares	0.38	Common equity	Long	USA
CTAS Cintas Corporation	4.27 mm	5.30 k shares	0.38	Common equity	Long	USA
SHW The Sherwin-Williams Company	4.27 mm	11.55 k shares	0.38	Common equity	Long	USA
SHOP Shopify Inc.	4.15 mm	56.00 k shares	0.37	Common equity	Long	Canada
ZS Zscaler, Inc.	4.06 mm	20.30 k shares	0.36	Common equity	Long	USA
LINDE PLC	4.02 mm	8.40 k shares	0.35	Common equity	Long	Ireland
FI Fiserv, Inc.	3.96 mm	22.70 k shares	0.35	Common equity	Long	USA
LRCX Lam Research Corporation	3.91 mm	4.76 k shares	0.34	Common equity	Long	USA
TYL Tyler Technologies, Inc.	3.76 mm	6.39 k shares	0.33	Common equity	Long	USA
AXON Axon Enterprise, Inc.	3.69 mm	10.10 k shares	0.32	Common equity	Long	USA
WCN Waste Connections, Inc.	3.68 mm	19.71 k shares	0.32	Common equity	Long	Canada
AZO AutoZone, Inc.	3.51 mm	1.10 k shares	0.31	Common equity	Long	USA
ROST Ross Stores, Inc.	3.49 mm	23.20 k shares	0.31	Common equity	Long	USA
LNSTY London Stock Exchange Group plc	3.49 mm	29.54 k shares	0.31	Common equity	Long	USA
FICO Fair Isaac Corporation	3.46 mm	2.00 k shares	0.30	Common equity	Long	USA
EATON CORP PLC	3.44 mm	11.20 k shares	0.30	Common equity	Long	Ireland
CPRT Copart, Inc.	3.43 mm	64.80 k shares	0.30	Common equity	Long	USA
WDAY Workday, Inc.	3.42 mm	13.00 k shares	0.30	Common equity	Long	USA
ZTS Zoetis Inc.	3.41 mm	18.57 k shares	0.30	Common equity	Long	USA
MELI MercadoLibre, Inc.	3.30 mm	1.60 k shares	0.29	Common equity	Long	USA
APO Apollo Global Management, Inc.	3.30 mm	28.50 k shares	0.29	Common equity	Long	USA
MPWR Monolithic Power Systems, Inc.	3.28 mm	3.51 k shares	0.29	Common equity	Long	USA
DDOG Datadog, Inc.	3.26 mm	28.06 k shares	0.29	Common equity	Long	USA
HCA HCA Healthcare, Inc.	2.97 mm	7.50 k shares	0.26	Common equity	Long	USA
MSI Motorola Solutions, Inc.	2.87 mm	6.50 k shares	0.25	Common equity	Long	USA
ACCENTURE PLC	2.85 mm	8.34 k shares	0.25	Common equity	Long	Ireland
MMC Marsh & McLennan Companies, Inc.	2.84 mm	12.50 k shares	0.25	Common equity	Long	USA
UNP Union Pacific Corporation	2.84 mm	11.10 k shares	0.25	Common equity	Long	USA
CRWD CrowdStrike Holdings, Inc.	2.80 mm	10.10 k shares	0.25	Common equity	Long	USA
MCO Moody's Corporation	2.66 mm	5.46 k shares	0.23	Common equity	Long	USA
HUBB Hubbell Incorporated	2.64 mm	6.60 k shares	0.23	Common equity	Long	USA
IT Gartner, Inc.	2.56 mm	5.20 k shares	0.23	Common equity	Long	USA
ENTG Entegris, Inc.	2.53 mm	21.86 k shares	0.22	Common equity	Long	USA
VRSK Verisk Analytics, Inc.	2.50 mm	9.18 k shares	0.22	Common equity	Long	USA
CDW CDW Corporation	2.49 mm	11.02 k shares	0.22	Common equity	Long	USA
SPGI S&P Global Inc.	2.48 mm	4.84 k shares	0.22	Common equity	Long	USA
PEP PepsiCo, Inc.	2.23 mm	12.90 k shares	0.20	Common equity	Long	USA
FERG Ferguson Enterprises Inc.	2.18 mm	10.60 k shares	0.19	Common equity	Long	USA
VMC Vulcan Materials Company	2.16 mm	8.80 k shares	0.19	Common equity	Long	USA
VIKING HOLDINGS LTD	2.14 mm	63.78 k shares	0.19	Common equity	Long	Bermuda
CVNA Carvana Co.	2.14 mm	14.20 k shares	0.19	Common equity	Long	USA
ARES Ares Management Corporation	2.14 mm	14.60 k shares	0.19	Common equity	Long	USA
PH Parker-Hannifin Corporation	2.10 mm	3.50 k shares	0.18	Common equity	Long	USA
LAMR Lamar Advertising Company	2.05 mm	16.30 k shares	0.18	Common equity	Long	USA
OMC Omnicom Group Inc.	2.04 mm	20.30 k shares	0.18	Common equity	Long	USA
MANH Manhattan Associates, Inc.	2.04 mm	7.70 k shares	0.18	Common equity	Long	USA
TSCO Tractor Supply Company	2.02 mm	7.55 k shares	0.18	Common equity	Long	USA
ADSK Autodesk, Inc.	2.01 mm	7.79 k shares	0.18	Common equity	Long	USA
IDXX IDEXX Laboratories, Inc.	2.00 mm	4.16 k shares	0.18	Common equity	Long	USA
ODFL Old Dominion Freight Line, Inc.	1.97 mm	10.23 k shares	0.17	Common equity	Long	USA
T. Rowe Price Government Reserve Fund \u2013 Collateral	1.96 mm	1.96 mm shares	0.17	Short-term investment vehicle	Long	USA
PLTR Palantir Technologies Inc.	1.93 mm	61.40 k shares	0.17	Common equity	Long	USA
ADP Automatic Data Processing, Inc.	1.93 mm	7.00 k shares	0.17	Common equity	Long	USA
PWR Quanta Services, Inc.	1.93 mm	7.00 k shares	0.17	Common equity	Long	USA
STZ Constellation Brands, Inc.	1.93 mm	8.00 k shares	0.17	Common equity	Long	USA
MSCI MSCI Inc.	1.92 mm	3.30 k shares	0.17	Common equity	Long	USA
AJG Arthur J. Gallagher & Co.	1.90 mm	6.50 k shares	0.17	Common equity	Long	USA
ADI Analog Devices, Inc.	1.80 mm	7.68 k shares	0.16	Common equity	Long	USA
ROP Roper Technologies, Inc.	1.80 mm	3.24 k shares	0.16	Common equity	Long	USA
MCHP Microchip Technology Incorporated	1.79 mm	21.82 k shares	0.16	Common equity	Long	USA
MOH Molina Healthcare, Inc.	1.79 mm	5.11 k shares	0.16	Common equity	Long	USA
IOT Samsara Inc.	1.79 mm	43.50 k shares	0.16	Common equity	Long	USA
HIG The Hartford Financial Services Group, Inc.	1.78 mm	15.30 k shares	0.16	Common equity	Long	USA
CORPAY INC	1.77 mm	5.60 k shares	0.16	Common equity	Long	USA
ULTA Ulta Beauty, Inc.	1.73 mm	4.90 k shares	0.15	Common equity	Long	USA
FAST Fastenal Company	1.69 mm	24.80 k shares	0.15	Common equity	Long	USA
VEEV Veeva Systems Inc.	1.66 mm	7.69 k shares	0.15	Common equity	Long	USA
BR Broadridge Financial Solutions, Inc.	1.65 mm	7.76 k shares	0.15	Common equity	Long	USA
URI United Rentals, Inc.	1.63 mm	2.20 k shares	0.14	Common equity	Long	USA
MTD Mettler-Toledo International Inc.	1.60 mm	1.11 k shares	0.14	Common equity	Long	USA
RSG Republic Services, Inc.	1.58 mm	7.60 k shares	0.14	Common equity	Long	USA
ABNB Airbnb, Inc.	1.58 mm	13.47 k shares	0.14	Common equity	Long	USA
AMP Ameriprise Financial, Inc.	1.57 mm	3.50 k shares	0.14	Common equity	Long	USA
DXCM DexCom, Inc.	1.51 mm	21.83 k shares	0.13	Common equity	Long	USA
DKNG DraftKings Inc.	1.51 mm	43.70 k shares	0.13	Common equity	Long	USA
NU HOLDINGS LTD/CAYMAN ISLANDS	1.47 mm	98.50 k shares	0.13	Common equity	Long	Cayman Islands
T. Rowe Price Government Reserve Fund	1.46 mm	1.46 mm shares	0.13	Short-term investment vehicle	Long	USA
SBUX Starbucks Corporation	1.44 mm	15.28 k shares	0.13	Common equity	Long	USA
YUM Yum! Brands, Inc.	1.44 mm	10.70 k shares	0.13	Common equity	Long	USA
WING Wingstop Inc.	1.43 mm	3.70 k shares	0.13	Common equity	Long	USA
ARGX argenx SE	1.42 mm	2.74 k shares	0.12	Common equity	Long	Netherlands
AME AMETEK, Inc.	1.42 mm	8.29 k shares	0.12	Common equity	Long	USA
MNST Monster Beverage Corporation	1.42 mm	30.06 k shares	0.12	Common equity	Long	USA
PTC PTC Inc.	1.41 mm	7.90 k shares	0.12	Common equity	Long	USA
COR Cencora	1.39 mm	5.80 k shares	0.12	Common equity	Long	USA
DPZ Domino's Pizza, Inc.	1.38 mm	3.34 k shares	0.12	Common equity	Long	USA
CBOE Cboe Global Markets, Inc.	1.37 mm	6.68 k shares	0.12	Common equity	Long	USA
KKR KKR & Co. Inc.	1.36 mm	11.00 k shares	0.12	Common equity	Long	USA
CME CME Group Inc.	1.36 mm	6.31 k shares	0.12	Common equity	Long	USA
DATABRICKS SER F CVT PFD STCK PP	1.36 mm	15.57 k shares	0.12	Preferred equity	Long	USA
TRANE TECHNOLOGIES PLC	1.34 mm	3.70 k shares	0.12	Common equity	Long	Ireland
EFX Equifax Inc.	1.32 mm	4.31 k shares	0.12	Common equity	Long	USA
FANG Diamondback Energy, Inc.	1.29 mm	6.60 k shares	0.11	Common equity	Long	USA
LULU Lululemon Athletica Inc.	1.29 mm	4.96 k shares	0.11	Common equity	Long	USA
A Agilent Technologies, Inc.	1.24 mm	8.71 k shares	0.11	Common equity	Long	USA
WSO Watsco, Inc.	1.22 mm	2.57 k shares	0.11	Common equity	Long	USA
TRGP Targa Resources Corp.	1.22 mm	8.30 k shares	0.11	Common equity	Long	USA
BJ BJ's Wholesale Club Holdings, Inc.	1.22 mm	15.20 k shares	0.11	Common equity	Long	USA
MEDP Medpace Holdings, Inc.	1.21 mm	3.40 k shares	0.11	Common equity	Long	USA
CSGP CoStar Group, Inc.	1.19 mm	15.38 k shares	0.10	Common equity	Long	USA
NOC Northrop Grumman Corporation	1.15 mm	2.20 k shares	0.10	Common equity	Long	USA
ON ON Semiconductor Corporation	1.13 mm	14.50 k shares	0.10	Common equity	Long	USA
FERRARI NV	1.11 mm	2.24 k shares	0.10	Common equity	Long	Netherlands
CUBE CubeSmart	1.09 mm	21.10 k shares	0.10	Common equity	Long	USA
BLK BlackRock, Inc.	1.08 mm	1.20 k shares	0.10	Common equity	Long	USA
HSY The Hershey Company	1.08 mm	5.58 k shares	0.09	Common equity	Long	USA
VST Vistra Corp.	1.06 mm	12.40 k shares	0.09	Common equity	Long	USA
ROL Rollins, Inc.	1.05 mm	21.00 k shares	0.09	Common equity	Long	USA
CMI Cummins Inc.	1.05 mm	3.36 k shares	0.09	Common equity	Long	USA
SCI Service Corporation International	1.05 mm	13.38 k shares	0.09	Common equity	Long	USA
DHR Danaher Corporation	1.02 mm	3.80 k shares	0.09	Common equity	Long	USA
DASH DoorDash, Inc.	1.00 mm	7.80 k shares	0.09	Common equity	Long	USA
CANADIAN PACIFIC KANSAS CITY LTD	995.28 k	12.00 k shares	0.09	Common equity	Long	Canada
MDB MongoDB, Inc.	988.69 k	3.40 k shares	0.09	Common equity	Long	USA
DATABRICKS SER H CVT PFD STOCK PP	972.95 k	11.14 k shares	0.09	Preferred equity	Long	USA
VRT Vertiv Holdings Co	929.94 k	11.20 k shares	0.08	Common equity	Long	USA
NET Cloudflare, Inc.	919.97 k	11.20 k shares	0.08	Common equity	Long	USA
MKTX MarketAxess Holdings Inc.	911.39 k	3.76 k shares	0.08	Common equity	Long	USA
DE Deere & Company	905.33 k	2.35 k shares	0.08	Common equity	Long	USA
HUM Humana Inc.	904.96 k	2.55 k shares	0.08	Common equity	Long	USA
HEI HEICO Corporation	897.96 k	3.50 k shares	0.08	Common equity	Long	USA
CPNG Coupang, Inc.	897.08 k	40.50 k shares	0.08	Common equity	Long	USA
MGM MGM Resorts International	894.64 k	23.80 k shares	0.08	Common equity	Long	USA
QSR Restaurant Brands International Inc.	889.48 k	12.80 k shares	0.08	Common equity	Long	Canada
SCHW The Charles Schwab Corporation	884.25 k	13.58 k shares	0.08	Common equity	Long	USA
GDDY GoDaddy Inc.	870.53 k	5.20 k shares	0.08	Common equity	Long	USA
APP AppLovin Corporation	863.69 k	9.30 k shares	0.08	Common equity	Long	USA
LHX L3Harris Technologies, Inc.	856.04 k	3.62 k shares	0.08	Common equity	Long	USA
ALNY Alnylam Pharmaceuticals, Inc.	814.60 k	3.10 k shares	0.07	Common equity	Long	USA
HUBS HubSpot, Inc.	798.51 k	1.60 k shares	0.07	Common equity	Long	USA
ELS Equity LifeStyle Properties, Inc.	792.54 k	10.90 k shares	0.07	Common equity	Long	USA
ROYAL CARIBBEAN CRUISES LTD	773.71 k	4.70 k shares	0.07	Common equity	Long	Liberia
BAH Booz Allen Hamilton Holding Corporation	766.27 k	4.83 k shares	0.07	Common equity	Long	USA
CLH Clean Harbors, Inc.	762.29 k	3.10 k shares	0.07	Common equity	Long	USA
LNG Cheniere Energy, Inc.	759.57 k	4.10 k shares	0.07	Common equity	Long	USA
ARCH CAPITAL GROUP LTD	757.70 k	6.70 k shares	0.07	Common equity	Long	Bermuda
SNOW Snowflake Inc.	724.90 k	6.35 k shares	0.06	Common equity	Long	USA
DEO Diageo plc	719.18 k	5.50 k shares	0.06	Common equity	Long	UK
PINS Pinterest, Inc.	685.66 k	21.40 k shares	0.06	Common equity	Long	USA
IRM Iron Mountain Incorporated	679.56 k	6.00 k shares	0.06	Common equity	Long	USA
BHP GROUP LTD	661.56 k	12.00 k shares	0.06	Common equity	Long	Australia
COIN Coinbase Global, Inc.	660.10 k	3.60 k shares	0.06	Common equity	Long	USA
BURL Burlington Stores, Inc.	643.78 k	2.40 k shares	0.06	Common equity	Long	USA
SQ Block, Inc.	627.76 k	9.50 k shares	0.06	Common equity	Long	USA
HAL Halliburton Company	621.80 k	20.00 k shares	0.05	Common equity	Long	USA
ALGN Align Technology, Inc.	593.05 k	2.50 k shares	0.05	Common equity	Long	USA
LII Lennox International Inc.	590.19 k	1.00 k shares	0.05	Common equity	Long	USA
DG Dollar General Corporation	584.77 k	7.05 k shares	0.05	Common equity	Long	USA
CAVA CAVA Group, Inc.	570.20 k	5.00 k shares	0.05	Common equity	Long	USA
BRO Brown & Brown, Inc.	557.19 k	5.30 k shares	0.05	Common equity	Long	USA
NBIX Neurocrine Biosciences, Inc.	539.37 k	4.25 k shares	0.05	Common equity	Long	USA
PAYX Paychex, Inc.	537.92 k	4.10 k shares	0.05	Common equity	Long	USA
HWM Howmet Aerospace Inc.	531.63 k	5.50 k shares	0.05	Common equity	Long	USA
SITE SiteOne Landscape Supply, Inc.	496.51 k	3.50 k shares	0.04	Common equity	Long	USA
THC Tenet Healthcare Corporation	480.94 k	2.90 k shares	0.04	Common equity	Long	USA
CANVA COMMON STOCK PP	468.80 k	422.00 shares	0.04	Common equity	Long	USA
NVR NVR, Inc.	458.62 k	50.00 shares	0.04	Common equity	Long	USA