# EDGAR Filing Document

**Accession Number:** 0000773485
**File Stem:** 0001099263-25-003613
**Filing Date:** 2025-11
**Character Count:** 41036
**Document Hash:** 2eb0e89b488e5d52ee4311ebe6683878
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003613.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003613

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price All-Cap Opportunities Fund, Inc.
- **CENTRAL INDEX KEY:** 0000773485

**ORGANIZATION NAME:**
- **EIN:** 521416752
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04358
- **FILM NUMBER:** 251521882

**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:** T. Rowe Price New America Growth Fund, Inc.
- **DATE OF NAME CHANGE:** 20171031

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price New America Growth Fund
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE NEW AMERICA GROWTH FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### T. Rowe Price All-Cap Opportunities Fund (Series ID: S000002104)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000005476 | T. Rowe Price All-Cap Opportunities Fund               | PRWAX           |
| C000012105 | T. Rowe Price All-Cap Opportunities Fund-Advisor Class | PAWAX           |
| C000166319 | T. Rowe Price All-Cap Opportunities Fund-I Class       | PNAIX           |
| C000256316 | T. Rowe Price All-Cap Opportunities Fund-Z Class       | PNZAX           |

## 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 All-Cap Opportunities Fund, Inc.

- **b. Investment Company Act file number:** 811-04358

- **c. CIK number of Registrant:** 0000773485

- **d. LEI of Registrant:** 549300O0OLM5HLJ0GS03

- **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 All-Cap Opportunities Fund

- **b. EDGAR series identifier (if any):** S000002104

- **c. LEI of Series:** 549300Y2XCUY4UEK6E85

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $17271624462.25

**Total Liabilities:** $10866344.26

**Net Assets:** $17260758117.99

**Cash Not Reported:** $18.11

**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 C000005476 | 1.59%                | 2.14%                | 3.82%                |
| Class ID C000012105 | 1.56%                | 2.12%                | 3.79%                |
| Class ID C000166319 | 1.60%                | 2.15%                | 3.83%                |
| Class ID C000256316 | 1.66%                | 2.21%                | 3.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $114612632.11            | $150592680.71                              |
| Month 2  | $89874838.27             | $261030019.98                              |
| Month 3  | $218471259.00            | $411598582.57                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABBVIE INC                             | ABBVIE INC                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    576700 | NS      | $133529118.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Long Wall Co SER A-8 CVT PFD STOCK PP  | ABL SPACE SYSTEMS SER A-8 CVT PFD STK PP  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    261025 | NS      | $57425.50      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Long Wall Co  SER A-9 CVT PFD STOCK PP | ABL SPACE SYSTEMS SER A-9 CVT PFD STK PP  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     76450 | NS      | $16819.00      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ALPHABET INC CL C                      | ALPHABET INC                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2618729 | NS      | $637791447.95  | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                         | AMAZON.COM INC                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1702469 | NS      | $373811118.33  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WATER WORKS CO INC            | AMERICAN WATER WORKS CO INC               | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |    477200 | NS      | $66421468.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A                     | AMPHENOL CORP                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   1379897 | NS      | $170762253.75  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                     | ANALOG DEVICES INC                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    461500 | NS      | $113390550.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                              | APPLE INC                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   4403744 | NS      | $1121325334.72 | 6.50%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP-CLASS A                  | APPLOVIN CORP                             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    259890 | NS      | $186741360.60  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE - ADR                        | ARGENX SE                                 | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     75069 | NS      | $55367891.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIDITY BIOSCIENCES INC                | AVIDITY BIOSCIENCES INC                   | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    922236 | NS      | $40181822.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LTD              | AXIS CAPITAL HOLDINGS LTD                 | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    594500 | NS      | $56953100.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                   | BANK OF AMERICA CORP                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   7173400 | NS      | $370075706.00  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC                   | BOOKING HOLDINGS INC                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     29400 | NS      | $158738538.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                           | BROADCOM INC                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1400665 | NS      | $462093390.15  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BYTEDANCE LTD CVT PFD SR E PP          | BYTEDANCE LTD CVT PFD SR E PP             | CUSIP: 000000000<br>LEI: 300300NIFA1100061063 | Long             | EP               | CORP              | US        |    148803 | NS      | $57405221.34   | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA COMMON STOCK PP                  | CANVA COMMON STOCK PP                     | CUSIP: TC1HS9QX6<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4074 | NS      | $6706374.36    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A CVT PFD STOCK PP        | CANVA SERIES A CVT PFD STOCK PP           | CUSIP: TC0R8VGD3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       242 | NS      | $398365.88     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-3 CVT PFD STOCK PP      | CANVA SERIES A-3 CVT PFD STOCK PP         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        10 | NS      | $16461.40      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CARVANA CO                             | CARVANA CO                                | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    448526 | NS      | $169201948.24  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                        | CATERPILLAR INC                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    270000 | NS      | $128830500.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVA GROUP INC                         | CAVA GROUP INC                            | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1618800 | NS      | $97791708.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC - A                     | CBRE GROUP INC                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    552070 | NS      | $86984149.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                            | CENCORA INC                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    573229 | NS      | $179151259.37  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP                  | CHARLES SCHWAB CORP/THE                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1307442 | NS      | $124821487.74  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                              | CHUBB LTD                                 | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    731026 | NS      | $206332088.50  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP/THE                        | CIGNA GROUP/THE                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    619500 | NS      | $178570875.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                          | CITIGROUP INC                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   1998944 | NS      | $202892816.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                          | CME GROUP INC                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    800300 | NS      | $216233057.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                        | CMS ENERGY CORP                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |   1169487 | NS      | $85676617.62   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO                   | COLGATE-PALMOLIVE CO                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |   1214984 | NS      | $97125820.96   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                       | CROWN CASTLE INC                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    933387 | NS      | $90062511.63   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBER-ARK SOFTWARE LTD/ISRAEL          | CYBERARK SOFTWARE LTD                     | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |    209000 | NS      | $100978350.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences Inc Lockup Shs PP  | Caris Life Sciences, Inc. IPO             | CUSIP: 000000000<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |    301020 | NS      | $9105855.00    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DATABRICKS SER J CVT PFD STOCK PP      | DATABRICKS SER J CVT PFD STOCK PP         | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |    168950 | NS      | $25342500.00   | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DAYFORCE INC                           | DAYFORCE INC                              | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |   2058429 | NS      | $141805173.81  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & CO                             | DEERE & CO                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    286800 | NS      | $131142168.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO COPPER CORP                        | ERO COPPER CORP                           | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |   4012290 | NS      | $81272152.83   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| EVERCORE INC-CL A                      | EVERCORE INC                              | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    356836 | NS      | $120367919.52  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI NV                             | FERRARI NV                                | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |    353300 | NS      | $171428226.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| FIREFLY AEROSPACE INC                  | FIREFLY AEROSPACE INC                     | CUSIP: 31816X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190876 | NS      | $5596484.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOOR & DECOR HOLDINGS INC-A           | FLOOR & DECOR HOLDINGS INC                | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |    648300 | NS      | $47779710.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET INC                           | FORTINET INC                              | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |   1866648 | NS      | $156947763.84  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL AEROSPACE                      | GENERAL ELECTRIC CO                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    672898 | NS      | $202421176.36  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                    | GILEAD SCIENCES INC                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |   1440414 | NS      | $159885954.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC          | HILTON WORLDWIDE HOLDINGS INC             | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    203055 | NS      | $52680589.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                         | HOME DEPOT INC/THE                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    707287 | NS      | $286585619.53  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX LABORATORIES INC                 | IDEXX LABORATORIES INC                    | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |    177068 | NS      | $113126974.52  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| INSMED INC                             | INSMED INC                                | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |   1083900 | NS      | $156092439.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                             | INTEL CORP                                | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |   1374700 | NS      | $46121185.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERDIGITAL INC                       | INTERDIGITAL INC                          | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56979 | NS      | $19670860.17   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC                 | INTUITIVE SURGICAL INC                    | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     97583 | NS      | $43642045.09   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN CHASE & CO.                | JPMORGAN CHASE & CO                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    937256 | NS      | $295638660.08  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL -CL A           | MARRIOTT INTERNATIONAL INC/MD             | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |    449216 | NS      | $116993815.04  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COS                   | MARSH & MCLENNAN COS INC                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |   1057633 | NS      | $213144778.49  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A                     | MASTERCARD INC                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    480100 | NS      | $273085681.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD S CORP                        | MCDONALD'S CORP                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    388607 | NS      | $118093781.23  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                       | MERCADOLIBRE INC                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     28335 | NS      | $66217194.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MERUS NV                               | MERUS NV                                  | CUSIP: 000000000<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | NL        |    200684 | NS      | $18894398.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A             | META PLATFORMS INC                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    926347 | NS      | $680290709.86  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                         | MICROSOFT CORP                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2634391 | NS      | $1364482818.45 | 7.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDDLEBY CORP                          | MIDDLEBY CORP/THE                         | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |    300988 | NS      | $40010334.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDAY.COM LTD                         | MONDAY.COM LTD                            | CUSIP: 000000000<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |    284200 | NS      | $55046698.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODY S CORP                           | MOODY'S CORP                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    217400 | NS      | $103586752.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                         | MORGAN STANLEY                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1298800 | NS      | $206457248.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MP MATERIALS CORP                      | MP MATERIALS CORP                         | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    882938 | NS      | $59218651.66   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA INC                             | NATERA INC                                | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    498527 | NS      | $80247891.19   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                            | NETFLIX INC                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    408401 | NS      | $489640126.92  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                  | NORTHROP GRUMMAN CORP                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     13700 | NS      | $8347684.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                            | NVIDIA CORP                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   7463922 | NS      | $1392618566.76 | 8.07%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENAI LLC CVT INT RIGHTS PP           | OPENAI LLV CVT INT RIGHTS PP              | CUSIP: 000000000<br>LEI: 9845008AF81ABBC36E24 | Long             | EC               | CORP              | US        |   5413487 | NS      | $8546271.93    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC-A            | PALANTIR TECHNOLOGIES INC                 | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    429400 | NS      | $78331148.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC                 | PALO ALTO NETWORKS INC                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    652800 | NS      | $132923136.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PAX LABS CLASS A COMMON PP             | PAX LABS CLASS A COMMON PP                | CUSIP: 000000000<br>LEI: 549300FKJA0AEKUHVG68 | Long             | EC               | CORP              | US        |   2428492 | NS      | $752832.52     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PERMIAN RESOURCES CORP                 | PERMIAN RESOURCES CORP                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   4380411 | NS      | $56069260.80   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PERPLEXITY AI SER E-1 CVT PFD PP       | PERPLEXITY AI SER E-1 CVT PFD PP          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     40949 | NS      | $20160662.77   | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PINTEREST INC- CLASS A                 | PINTEREST INC                             | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2228200 | NS      | $71681194.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET FITNESS INC - CL A              | PLANET FITNESS INC                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |   1667349 | NS      | $173070826.20  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RAD POWER BIKES INC CL A COMMON PP     | RAD PWR BIKES INC CLASS A C               | CUSIP: TC2GFC392<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1851771 | NS      | $296283.36     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| REDWOOD MATERIALS SER C CVT STOCK PP   | REDWOOD MATERIALS SER C CVT STOCK PP      | CUSIP: TC25HIZF2<br>LEI: 5493008UYCX7OTNK6D78 | Long             | EP               | CORP              | US        |    182704 | NS      | $8599877.28    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| REPLIGEN CORP                          | REPLIGEN CORP                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    636955 | NS      | $85141774.85   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC - A              | ROBINHOOD MARKETS INC                     | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    192900 | NS      | $27619422.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP -CLASS A                   | ROBLOX CORP                               | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    746200 | NS      | $103363624.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LTD ADR                            | SEA LTD                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |   1775414 | NS      | $317319744.22  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                         | SERVICENOW INC                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    215570 | NS      | $198384759.60  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLENO THERAPEUTICS INC                | SOLENO THERAPEUTICS INC                   | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |   1452735 | NS      | $98204886.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COPPER CORP                   | SOUTHERN COPPER CORP                      | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    864405 | NS      | $104904190.80  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                  | SPOTIFY TECHNOLOGY SA                     | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |    122900 | NS      | $85784200.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                           | STRYKER CORP                              | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    283444 | NS      | $104780743.48  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                        | T-MOBILE US INC                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    716478 | NS      | $171510503.64  | 0.99%             |  |  |  | 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        | 162349625 | NS      | $162349624.53  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR            | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    623400 | NS      | $174109386.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD-UNS ADR           | TENCENT HOLDINGS LTD                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |   1469300 | NS      | $125110895.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD                   | TENCENT HOLDINGS LTD                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    935900 | NS      | $79747666.75   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| TESLA INC                              | TESLA INC                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    467773 | NS      | $208028008.56  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSUNION                             | TRANSUNION                                | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    726030 | NS      | $60826793.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Treeline Bio Common WTS 8/35 PP        | TREELINE BIO COMMON WTS 8.35 PP           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70210 | NS      | $511620.27     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TREELINE BIO SER A CVT PFD STOCK PP    | TREELINE BIO SER A CVT PFD STOCK PP       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    164309 | NS      | $1197319.68    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TREELINE BIO SER A-1 CVT PFD STOCK PP  | TREELINE BIO SER A-1 CVT PFD STOCK PP     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    597483 | NS      | $4353858.62    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Treeline Bio SER A-2 NV CVT PFD PP     | TREELINE BIO SER A-2 NV CVT PFD PP        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    468067 | NS      | $3410804.23    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UPWORK INC                             | UPWORK INC                                | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |   2776274 | NS      | $51555408.18   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| URANIUM ENERGY CORP                    | URANIUM ENERGY CORP                       | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |   5609841 | NS      | $74835278.94   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO-A                   | VERTIV HOLDINGS CO                        | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |   1027400 | NS      | $154993564.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES                | VISA INC                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |   1234767 | NS      | $421524758.46  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC                  | WASTE CONNECTIONS INC                     | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    582502 | NS      | $102403851.60  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYMO LLC SER A-2 CVT PFD UNITS PP     | WAYMO LLC SER A-2 CVT PFD UNITS PP        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    166137 | NS      | $17602215.15   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WESTERN ALLIANCE BANCORP               | WESTERN ALLIANCE BANCORP                  | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |   1769022 | NS      | $153409587.84  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER INC                            | ZSCALER INC                               | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |    294100 | NS      | $88130006.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-05

**Name of Applicant:** T. Rowe Price All-Cap Opportunities Fund, Inc.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President