# EDGAR Filing Document

**Accession Number:** 0001012968
**File Stem:** 0001099263-25-003647
**Filing Date:** 2025-11
**Character Count:** 30964
**Document Hash:** 802ac868cd1b16ebc51ce4ddfeeaacd1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003647.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003647

**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 Equity Funds, Inc.
- **CENTRAL INDEX KEY:** 0001012968

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07639
- **FILM NUMBER:** 251521954

**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 Institutional Equity Funds, Inc.
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T ROWE PRICE INSTITUTIONAL EQUITY FUNDS INC
- **DATE OF NAME CHANGE:** 20011105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INSTITUTIONAL DOMESTIC EQUITY FUNDS INC
- **DATE OF NAME CHANGE:** 19960428

## Series and Classes Contracts Data

### T. Rowe Price Large-Cap Growth Fund (Series ID: S000002095)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000005463 | T. Rowe Price Large-Cap Growth Fund-I Class | TRLGX           |
| C000219140 | T. Rowe Price Large-Cap Growth Fund         | TRGOX           |

## 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 Equity Funds, Inc.

- **b. Investment Company Act file number:** 811-07639

- **c. CIK number of Registrant:** 0001012968

- **d. LEI of Registrant:** 5493001JE5UESPEILY31

- **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 Large-Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000002095

- **c. LEI of Series:** 8WF25TX7V2WE4P2QFC87

**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:** $23997800037.84

**Total Liabilities:** $22745661.07

**Net Assets:** $23975054376.77

**Assets Attributable to Miscellaneous Securities:** $123477436.00

**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 C000005463 | 2.45%                | 1.63%                | 3.30%                |
| Class ID C000219140 | 2.45%                | 1.61%                | 3.30%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $187854257.19            | $377744016.45                              |
| Month 2  | $247546718.80            | $134093773.19                              |
| Month 3  | $375339833.89            | $394016814.61                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 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        |    630376 | NS      | $138682.72     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ADVANCED MICRO DEVICES                   | ADVANCED MICRO DEVICES INC                         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    879265 | NS      | $142256284.35  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ADYEN NV-UNSPON ADR                      | ADYEN NV                                           | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |   3735600 | NS      | $59732244.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL A                        | ALPHABET INC                                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5866554 | NS      | $1426159277.40 | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                           | AMAZON.COM INC                                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   5617707 | NS      | $1233479925.99 | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A                       | AMPHENOL CORP                                      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   5245798 | NS      | $649167502.50  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                | APPLE INC                                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   8915020 | NS      | $2270031542.60 | 9.47%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP-CLASS A                    | APPLOVIN CORP                                      | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    390518 | NS      | $280602803.72  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP                     | ARES MANAGEMENT CORP                               | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    649157 | NS      | $103793712.73  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE - ADR                          | ARGENX SE                                          | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |    225792 | NS      | $166535147.52  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                      | ARISTA NETWORKS INC                                | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |   3310692 | NS      | $482400931.32  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                                | BLOCK INC                                          | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |   8833450 | NS      | $638393431.50  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                            | BOEING CO/THE                                      | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    964353 | NS      | $208136307.99  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC                     | BOOKING HOLDINGS INC                               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     54188 | NS      | $292575642.76  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                             | BROADCOM INC                                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   2996378 | NS      | $988535065.98  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CANVA COMMON STOCK PP                    | CANVA COMMON STOCK PP                              | CUSIP: TC1HS9QX6<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20080 | NS      | $33054491.20   | 0.14%             |  |  |  | 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        |      1362 | NS      | $2242042.68    | 0.01%             |  |  |  | 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        |       324 | NS      | $533349.36     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-4 CVT PFD STOCK PP        | CANVA SERIES A-4 CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        33 | NS      | $54322.62      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-5 CVT PFD STOCK PP        | CANVA SERIES A-5 CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |         1 | NS      | $1646.14       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CELONIS SE PP                            | CELONIS SE PP                                      | CUSIP: 000000000<br>LEI: 529900DCE9HLEPY8MW24 | Long             | EC               | CORP              | US        |     25851 | NS      | $5246460.45    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CELONIS SERIES D CVT PFD STOCK PP        | CELONIS SERIES D CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: 529900DCE9HLEPY8MW24 | Long             | EP               | CORP              | US        |    106424 | NS      | $21598750.80   | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC               | CHIPOTLE MEXICAN GRILL INC                         | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3681618 | NS      | $144282609.42  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CIENA CORP                               | CIENA CORP                                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    437600 | NS      | $63745192.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP/THE                          | CIGNA GROUP/THE                                    | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    738241 | NS      | $212797968.25  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG INC-A                            | COUPANG INC                                        | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |   7063965 | NS      | $227459673.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                             | DANAHER CORP                                       | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    599413 | NS      | $118839621.38  | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| DATABRICKS SER H CVT PFD STOCK PP        | DATABRICKS SER H CVT PFD STOCK PP                  | CUSIP: TC2K5K6F9<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |    304686 | NS      | $45702900.00   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATADOG INC - CLASS A                    | DATADOG INC                                        | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |   1339700 | NS      | $190773280.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| DAYFORCE INC                             | DAYFORCE INC                                       | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |   2374900 | NS      | $163606861.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE INC                            | DYNATRACE INC                                      | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |   2049402 | NS      | $99293526.90   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & CO                           | ELI LILLY & CO                                     | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    508389 | NS      | $387900807.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTEGRIS INC                             | ENTEGRIS INC                                       | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |   2727414 | NS      | $252176698.44  | 1.05%             |  |  |  | No            |                  1 | On Loan: —       |
| EQUIFAX INC                              | EQUIFAX INC                                        | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |    617375 | NS      | $158375208.75  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC                     | HOWMET AEROSPACE INC                               | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |   1660940 | NS      | $325926256.20  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                              | HUBSPOT INC                                        | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |    441233 | NS      | $206408797.40  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| iCapital Inc Common Stock PP             | ICAPITAL INC COMMON STOCK PP                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3833913 | NS      | $53673631.83   | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INGERSOLL-RAND INC                       | INGERSOLL RAND INC                                 | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   1312877 | NS      | $108469897.74  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                               | INTUIT INC                                         | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    905772 | NS      | $618560756.52  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC                   | INTUITIVE SURGICAL INC                             | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    897331 | NS      | $401313343.13  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kobold Metals SER C-1 CVT Pfd Stock PP   | KOBOLD METALS SER C-1 CVT PFD STOCK PP             | CUSIP: TC2NWYYJ4<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    610955 | NS      | $66502451.75   | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LATTICE SEMICONDUCTOR CORP               | LATTICE SEMICONDUCTOR CORP                         | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |   2476784 | NS      | $181597802.88  | 0.76%             |  |  |  | No            |                  1 | On Loan: —       |
| MAGIC LEAP CL A COMMON STOCK PP          | MAGIC LEAP                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46476 | NS      | $0.00          | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MASTERCARD INC - A                       | MASTERCARD INC                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |   1340650 | NS      | $762575126.50  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                         | MERCADOLIBRE INC                                   | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     82503 | NS      | $192804560.82  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A               | META PLATFORMS INC                                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |   1492947 | NS      | $1096390417.86 | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                           | MICROSOFT CORP                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   5459005 | NS      | $2827491639.75 | 11.79%            |  |  |  | No            |                  1 | On Loan: No      |
| MONGODB INC                              | MONGODB INC                                        | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |    434398 | NS      | $134828451.24  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA INC                               | NATERA INC                                         | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1105702 | NS      | $177984850.94  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                              | NETFLIX INC                                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    416172 | NS      | $498956934.24  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NURO SERIES C CVT PFD STOCK PP           | NURO SERIES C CVT PFD STOCK                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2118369 | NS      | $27115123.20   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NURO SERIES D CVT PFD STOCK PP           | NURO SERIES D CVT PFD STOCK PP                     | CUSIP: TC7AXBYR8<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    535481 | NS      | $6939833.76    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NVIDIA CORP                              | NVIDIA CORP                                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  15921419 | NS      | $2970618357.02 | 12.39%            |  |  |  | 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        |   8062094 | NS      | $12727627.80   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RAPPI INC SER E CVT PFD PP               | RAPPI INC SER E CVT PFD PP                         | CUSIP: TC19OBBO9<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    401388 | NS      | $5848223.16    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RAPPI INC SER F CVT PFD PP               | RAPPI INC SER F CVT PFD PP                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    544536 | NS      | $7933889.52    | 0.03%             |  |  |  | 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        |    492252 | NS      | $23170301.64   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| REDWOOD MATERIALS SER D CVT PFD STOCK PP | REDWOOD MATERIALS SER D CVT PFD STOCK PP           | CUSIP: TC7HTFN67<br>LEI: 5493008UYCX7OTNK6D78 | Long             | EP               | CORP              | US        |    171891 | NS      | $8090909.37    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SERVICENOW INC                           | SERVICENOW INC                                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    391290 | NS      | $360096361.20  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC - CLASS A                    | SHOPIFY INC                                        | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |   1061760 | NS      | $157788153.60  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SILA NANO SER F CVT PFD STOCK PP         | SILA NANO SER F CVT PFD STOCK PP                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    410238 | NS      | $7474536.36    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SILA NANO SER G CVT PFD PP               | SILA NANO SER G CVT PFD PP                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1066996 | NS      | $16933226.52   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE INC PP                            | SOCURE INC PP                                      | CUSIP: TC7Z586M3<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    321182 | NS      | $1766501.00    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES A CVT PFD STOCK PP         | SOCURE SERIES A CVT PFD STOCK PP                   | CUSIP: TC3RC4MW6<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    390346 | NS      | $2146903.00    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES A-1 CVT PFD STOCK PP       | SOCURE SERIES A-1 CVT PFD STOCK PP                 | CUSIP: TC8GIS7E3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    320373 | NS      | $1762051.50    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES B CVT PFD STOCK PP         | SOCURE SERIES B CVT PFD STOCK PP                   | CUSIP: TC60C9PB4<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5796 | NS      | $31878.00      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES E CVT PFD STOCK PP         | SOCURE SERIES E CVT PFD STOCK PP                   | CUSIP: TC9LW24E5<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    742561 | NS      | $4084085.50    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SONOVA HOLDING-UNSPON ADR                | SONOVA HOLDING AG                                  | CUSIP: 83569C102<br>LEI: 5299004A0QNX7FBNHS61 | Long             | EC               | CORP              | CH        |   1994071 | NS      | $108577165.95  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIPE INC CL B COMMON PP                | STRIPE INC CL B COMMON PP                          | CUSIP: TC2A5IVT8<br>LEI: 549300CLHGIPTCYHQ143 | Long             | EC               | CORP              | US        |    696358 | NS      | $24720709.00   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| STRYKER CORP                             | STRYKER CORP                                       | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    796921 | NS      | $294597786.07  | 1.23%             |  |  |  | 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        | 124269425 | NS      | $124269424.57  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund    | T. Rowe Price Government Reserve Fund - Collateral | CUSIP: 76105YYY8<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |  10524480 | NS      | $10524480.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADEWEB MARKETS INC-CLASS A             | TRADEWEB MARKETS INC                               | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1330386 | NS      | $147646238.28  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                   | UNITEDHEALTH GROUP INC                             | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   1016861 | NS      | $351122103.30  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES                  | VISA INC                                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |   1671615 | NS      | $570655928.70  | 2.38%             |  |  |  | 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        |    188785 | NS      | $20001770.75   | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WAYMO LLC SER B-2 CVT PFD UNITS PP       | WAYMO LLC SER B-2 CVT PFD UNITS PP                 | CUSIP: TC7W7JFK8<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     14135 | NS      | $1510890.15    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

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

**Name of Applicant:** T. Rowe Price Equity Funds, Inc.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President