# EDGAR Filing Document

**Accession Number:** 0000927845
**File Stem:** 0001099263-26-006596
**Filing Date:** 2026-5
**Character Count:** 39068
**Document Hash:** 6b2f9970c2417659070aa60a2ee7af4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-006596.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001099263-26-006596

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Value Fund, Inc.
- **CENTRAL INDEX KEY:** 0000927845

**ORGANIZATION NAME:**
- **EIN:** 521892646
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07209
- **FILM NUMBER:** 261035233

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE VALUE FUND INC
- **DATE OF NAME CHANGE:** 19940803

## Series and Classes Contracts Data

### T. Rowe Price Value Fund, Inc. (Series ID: S000002125)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000005515 | T. Rowe Price Value Fund, Inc.         | TRVLX           |
| C000005516 | T. Rowe Price Value Fund-Advisor Class | PAVLX           |
| C000159681 | T. Rowe Price Value Fund-I Class       | TRPIX           |
| C000219322 | T. Rowe Price Value Fund-Z Class       | TRZAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** T. ROWE PRICE VALUE FUND, INC.

- **b. Investment Company Act file number:** 811-07209

- **c. CIK number of Registrant:** 0000927845

- **d. LEI of Registrant:** 549300EW4YHV7OVARC82

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** T. Rowe Price Value Fund, Inc.

- **b. EDGAR series identifier (if any):** S000002125

- **c. LEI of Series:** TLDUHX6EEOQ43DDR8861

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $31942707145.57

**Total Liabilities:** $62315559.38

**Net Assets:** $31880391586.19

**Cash Not Reported:** $664270.92

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005515 | 5.16%                | 4.85%                | -5.40%               |
| Class ID C000005516 | 5.15%                | 4.82%                | -5.41%               |
| Class ID C000159681 | 5.18%                | 4.87%                | -5.38%               |
| Class ID C000219322 | 5.25%                | 4.91%                | -5.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $431360983.80            | $1151708385.72                             |
| Month 2  | $275748758.89            | $1262400748.84                             |
| Month 3  | $244695960.79            | $-2114935810.22                            |

### Schedule of Portfolio Investments

| Name                                  | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABBOTT LABORATORIES                   | ABBOTT LABORATORIES                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   4295189 | NS      | $440987054.63  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES                | ADVANCED MICRO DEVICES INC               | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |   1606248 | NS      | $326759030.64  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                         | ALLSTATE CORP/THE                        | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |   1803284 | NS      | $373892904.56  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C                     | ALPHABET INC                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1933395 | NS      | $554613689.70  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL A                     | ALPHABET INC                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2344825 | NS      | $674277877.00  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                        | AMAZON.COM INC                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    767311 | NS      | $159807861.97  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                    | AMEREN CORP                              | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |   2890580 | NS      | $317732553.60  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO                   | AMERICAN EXPRESS CO                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |   1215989 | NS      | $367812352.72  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK INC                            | AMETEK INC                               | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |   2489871 | NS      | $533728747.56  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                    | ANALOG DEVICES INC                       | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    955625 | NS      | $304022537.50  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT IN          | ANNALY CAPITAL MANAGEMENT INC            | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |   4425577 | NS      | $93600953.55   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC          | APOLLO GLOBAL MANAGEMENT INC             | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    314032 | NS      | $34989445.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                   | ARISTA NETWORKS INC                      | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |   1579742 | NS      | $193960722.76  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                       | ASTRAZENECA PLC                          | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   1057888 | NS      | $208636671.36  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORP                     | ATMOS ENERGY CORP                        | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     96397 | NS      | $17806453.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                          | AUTOZONE INC                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |    117017 | NS      | $395257682.26  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                             | BALL CORP                                | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   3907066 | NS      | $230946671.26  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                  | BANK OF AMERICA CORP                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   9008226 | NS      | $439151017.50  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC-CL B           | BERKSHIRE HATHAWAY INC                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |   1917537 | NS      | $918883730.40  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC                  | BOOKING HOLDINGS INC                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     89265 | NS      | $375834214.80  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                       | CATERPILLAR INC                          | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    584466 | NS      | $414070782.36  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                           | CENCORA INC                              | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |   1428973 | NS      | $448897578.22  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CENOVUS ENERGY INC                    | CENOVUS ENERGY INC                       | CUSIP: 15135U109<br>LEI: 254900LJGL2N2XEMD470 | Long             | EC               | CORP              | CA        |   6066700 | NS      | $160949551.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP                 | CHARLES SCHWAB CORP/THE                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   5240119 | NS      | $492466383.62  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                          | CHEVRON CORP                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2758643 | NS      | $570763236.70  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                             | CHUBB LTD                                | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    575082 | NS      | $187436476.26  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                     | CISCO SYSTEMS INC                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   4996901 | NS      | $387709548.59  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                         | CITIGROUP INC                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   1594014 | NS      | $180777127.74  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                         | CME GROUP INC                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    371518 | NS      | $109727841.30  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO                  | COLGATE-PALMOLIVE CO                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |   2907093 | NS      | $247771536.39  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                        | CONOCOPHILLIPS                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   5698416 | NS      | $752190912.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY                  | CONSTELLATION ENERGY CORP                | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    700400 | NS      | $195586700.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                           | CORTEVA INC                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    799200 | NS      | $66901032.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                              | CSX CORP                                 | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |   7848159 | NS      | $322166926.95  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                       | CVS HEALTH CORP                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |   2952600 | NS      | $212055732.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                          | DANAHER CORP                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    144839 | NS      | $27461474.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & CO                            | DEERE & CO                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |   1474822 | NS      | $830767232.60  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC                       | DOLLAR TREE INC                          | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |   2182421 | NS      | $238996923.71  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                   | ELEVANCE HEALTH INC                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    393427 | NS      | $115175754.25  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIFAX INC                           | EQUIFAX INC                              | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |    864426 | NS      | $155657189.82  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES           | EQUITY LIFESTYLE PROPERTIES INC          | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |   2700171 | NS      | $168544673.82  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROPERTY TRUST INC              | ESSEX PROPERTY TRUST INC                 | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |    665799 | NS      | $161123358.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                      | EXXON MOBIL CORP                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   1853662 | NS      | $314492294.92  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE                            | FEDERAL NATIONAL MORTGAGE ASSOCIATION    | CUSIP: 313586109<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EC               | CORP              | US        |   3027249 | NS      | $21977827.74   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| FIFTH THIRD BANCORP                   | FIFTH THIRD BANCORP                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |   6139840 | NS      | $285256966.40  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                   | GILEAD SCIENCES INC                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |   4127097 | NS      | $575193508.89  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC               | GOLDMAN SACHS GROUP INC/THE              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    198132 | NS      | $167617690.68  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                        | HOME DEPOT INC/THE                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    887336 | NS      | $291835937.04  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC             | HUNTINGTON BANCSHARES INC/OH             | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   6282800 | NS      | $98325820.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| INGERSOLL-RAND INC                    | INGERSOLL RAND INC                       | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   1869300 | NS      | $149768316.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                            | INTEL CORP                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |   3667409 | NS      | $161842759.17  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC         | INTERCONTINENTAL EXCHANGE INC            | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   3012033 | NS      | $473732550.24  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERDIGITAL INC                      | INTERDIGITAL INC                         | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    274184 | NS      | $82803568.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| INTL BUSINESS MACHINES CORP           | INTERNATIONAL BUSINESS MACHINES CORP     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    828139 | NS      | $200732612.21  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO                | INTERNATIONAL PAPER CO                   | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |   7506006 | NS      | $267964414.20  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                     | JOHNSON & JOHNSON                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |   2116305 | NS      | $517309594.20  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN CHASE & CO.               | JPMORGAN CHASE & CO                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   3523359 | NS      | $1036431283.44 | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES IN              | KEYSIGHT TECHNOLOGIES INC                | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |   3570708 | NS      | $1008260817.96 | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                              | KLA CORP                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    133067 | NS      | $195929181.47  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                     | LAM RESEARCH CORP                        | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    901340 | NS      | $192580304.40  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                             | LINDE PLC                                | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |    952585 | NS      | $472253539.60  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE S COS INC                        | LOWE'S COS INC                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    880360 | NS      | $208011460.80  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS             | MARTIN MARIETTA MATERIALS INC            | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |    265040 | NS      | $156023747.20  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD S CORP                       | MCDONALD'S CORP                          | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |   1486175 | NS      | $461888328.25  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO. INC.                      | MERCK & CO INC                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |   1622875 | NS      | $195215633.75  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A            | META PLATFORMS INC                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    236558 | NS      | $135341928.54  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                           | METLIFE INC                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |   1750627 | NS      | $123804341.44  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC            | MONDELEZ INTERNATIONAL INC               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |   9738814 | NS      | $561345238.96  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                        | MORGAN STANLEY                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1568323 | NS      | $258098916.11  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                           | NETFLIX INC                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   2160950 | NS      | $207775342.50  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP                 | NORFOLK SOUTHERN CORP                    | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |    593194 | NS      | $170246678.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                 | NORTHROP GRUMMAN CORP                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    220838 | NS      | $150664517.12  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE             | OLD DOMINION FREIGHT LINE INC            | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |   1147192 | NS      | $224161316.80  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP                   | OTIS WORLDWIDE CORP                      | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   2051190 | NS      | $158105725.20  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PACKAGING CORP OF AMERICA             | PACKAGING CORP OF AMERICA                | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |    721666 | NS      | $153151958.52  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER HANNIFIN CORP                  | PARKER-HANNIFIN CORP                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |    301237 | NS      | $269679411.88  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PENTAIR PLC                           | PENTAIR PLC                              | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |   2226326 | NS      | $193935257.86  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL           | PHILIP MORRIS INTERNATIONAL INC          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   1946200 | NS      | $321784708.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE               | PROCTER & GAMBLE CO/THE                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   3962034 | NS      | $572276190.96  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP                      | PROGRESSIVE CORP/THE                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    168511 | NS      | $33405620.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                        | PUBLIC STORAGE                           | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |   1076790 | NS      | $291680875.20  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INC                 | QUEST DIAGNOSTICS INC                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |    923088 | NS      | $180906786.24  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| RANGE RESOURCES CORP                  | RANGE RESOURCES CORP                     | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |   8986565 | NS      | $406013006.70  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES INC                 | REPUBLIC SERVICES INC                    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |   1709222 | NS      | $374353802.44  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| REVVITY INC                           | REVVITY INC                              | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |   3517315 | NS      | $308151967.15  | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| SALESFORCE INC                        | SALESFORCE INC                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    314460 | NS      | $58700248.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB LTD                               | SLB LTD                                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |   7730527 | NS      | $397271782.53  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO/THE                       | SOUTHERN CO/THE                          | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |   5515954 | NS      | $532399880.08  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                       | T-MOBILE US INC                          | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   1639764 | NS      | $344399632.92  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund | T. Rowe Price Government Reserve Fund    | CUSIP: 76105Y109<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        | 489440207 | NS      | $489440207.14  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                        | TECHNIPFMC PLC                           | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |   5097356 | NS      | $352380220.28  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP                 | TENET HEALTHCARE CORP                    | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |   2019936 | NS      | $381182122.56  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC                 | TEXAS INSTRUMENTS INC                    | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |   1529426 | NS      | $296922763.64  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TRACTOR SUPPLY COMPANY                | TRACTOR SUPPLY CO                        | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |   4504168 | NS      | $204038810.40  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC/THE                 | TRAVELERS COS INC/THE                    | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    538798 | NS      | $157156600.64  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GRS - SECURITY LENDING COLLATERAL     | TREASURY RESERVE FUND - Collateral       | CUSIP: 000000000<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | STIV             | RF                | US        |  46402456 | NS      | $46402455.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                | UNITEDHEALTH GROUP INC                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   1625079 | NS      | $439730126.61  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP                    | VALERO ENERGY CORP                       | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |   1317698 | NS      | $325576821.84  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC                   | VICI PROPERTIES INC                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |   4565750 | NS      | $124736290.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES               | VISA INC                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    807944 | NS      | $244192994.56  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE                    | WALT DISNEY CO/THE                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |   3259515 | NS      | $314152055.70  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                         | WELLTOWER INC                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |   1700713 | NS      | $336247967.23  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WABTEC CORP                           | WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |   2522468 | NS      | $630389977.88  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| WW GRAINGER INC                       | WW GRAINGER INC                          | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |    135550 | NS      | $147859295.50  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                       | XCEL ENERGY INC                          | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    427865 | NS      | $33989595.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-05

**Name of Applicant:** T. ROWE PRICE VALUE FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President