# EDGAR Filing Document

**Accession Number:** 0000918294
**File Stem:** 0000918294-25-000168
**Filing Date:** 2025-8
**Character Count:** 41058
**Document Hash:** bd77b7f4b496929b331d02cc84e5dc34
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000918294-25-000168.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0000918294-25-000168

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Equity Series, Inc.
- **CENTRAL INDEX KEY:** 0000918294

**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:** 811-07143
- **FILM NUMBER:** 251256812

**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 EQUITY SERIES INC
- **DATE OF NAME CHANGE:** 19940131

## Series and Classes Contracts Data

### T. Rowe Price All-Cap Opportunities Portfolio (Series ID: S000002078)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000005441 | T. Rowe Price All-Cap Opportunities Portfolio | QAOSWX          |

## 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 SERIES, INC.

- **b. Investment Company Act file number:** 811-07143

- **c. CIK number of Registrant:** 0000918294

- **d. LEI of Registrant:** 549300U8GAQGX2UFFV03

- **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 Portfolio

- **b. EDGAR series identifier (if any):** S000002078

- **c. LEI of Series:** KCSFFV4S1C0KSOQDRD11

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $540509604.74

**Total Liabilities:** $393848.38

**Net Assets:** $540115756.36

**Cash Not Reported:** $1190.40

**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 C000005441 | 0.46%                | 5.57%                | 5.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1512576.35              | $639320.46                                 |
| Month 2  | $3029379.52              | $23994716.29                               |
| Month 3  | $3384520.74              | $25861128.94                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc                | ADVANCED MICRO DEVICES INC                | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     26400 | NS      | $3746160.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc               | ALNYLAM PHARMACEUTICALS INC               | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      5800 | NS      | $1891322.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                              | ALPHABET INC                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     72023 | NS      | $12776159.97  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                            | AMAZON.COM INC                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     68735 | NS      | $15079771.65  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                       | AMERICAN TOWER CORP                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     28000 | NS      | $6188560.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc               | AMERICAN WATER WORKS CO INC               | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     18300 | NS      | $2545713.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                               | CENCORA INC                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     22026 | NS      | $6604496.10   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                             | AMPHENOL CORP                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     18167 | NS      | $1793991.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                        | ANALOG DEVICES INC                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     15200 | NS      | $3617904.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                       | ELEVANCE HEALTH INC                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      8944 | NS      | $3478858.24   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                 | APPLE INC                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     86404 | NS      | $17727508.68  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                     | APPLIED MATERIALS INC                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     15500 | NS      | $2837585.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                             | APPLOVIN CORP                             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      9127 | NS      | $3195180.16   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                 | ARGENX SE                                 | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      2855 | NS      | $1573733.10   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc                   | AVIDITY BIOSCIENCES INC                   | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17800 | NS      | $505520.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                      | BANK OF AMERICA CORP                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    241396 | NS      | $11422858.72  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | BOOKING HOLDINGS INC                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       771 | NS      | $4463504.04   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | BROADCOM INC                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     57154 | NS      | $15754500.10  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                            | CBRE GROUP INC                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     24041 | NS      | $3368624.92   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                           | CIGNA GROUP/THE                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     15100 | NS      | $4991758.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                             | CME GROUP INC                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     13537 | NS      | $3731067.94   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                           | CMS ENERGY CORP                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     63163 | NS      | $4375932.64   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                               | CAMECO CORP                               | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     16200 | NS      | $1202526.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                | CARVANA CO                                | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     15728 | NS      | $5299706.88   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                            | CAVA GROUP INC                            | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24900 | NS      | $2097327.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                              | DAYFORCE INC                              | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     59013 | NS      | $3268730.07   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc                 | CIRCLE INTERNET GROUP INC                 | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      6716 | NS      | $1217543.64   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                             | CITIGROUP INC                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     81329 | NS      | $6922724.48   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                          | COCA-COLA CO/THE                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     52906 | NS      | $3743099.50   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                      | COLGATE-PALMOLIVE CO                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     52700 | NS      | $4790430.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                          | CROWN CASTLE INC                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     47992 | NS      | $4930218.16   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                | DEERE & CO                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      8871 | NS      | $4510814.79   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                 | AXIS CAPITAL HOLDINGS LTD                 | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     19500 | NS      | $2024490.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                              | EVERCORE INC                              | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     15337 | NS      | $4141296.74   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                        | META PLATFORMS INC                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     30642 | NS      | $22616553.78  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                           | FAIR ISAAC CORP                           | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      4442 | NS      | $8119798.32   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                              | FORTINET INC                              | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     42757 | NS      | $4520270.04   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                       | GENERAL ELECTRIC CO                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     27102 | NS      | $6975783.78   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                       | GILEAD SCIENCES INC                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     21951 | NS      | $2433707.37   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc             | HILTON WORLDWIDE HOLDINGS INC             | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      7707 | NS      | $2052682.38   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                        | HOME DEPOT INC/THE                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     26034 | NS      | $9545105.76   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                               | HUBSPOT INC                               | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      5593 | NS      | $3113231.59   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                    | IDEXX LABORATORIES INC                    | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      3608 | NS      | $1935114.72   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                | INSMED INC                                | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     46800 | NS      | $4709952.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                       | JPMORGAN CHASE & CO                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     17961 | NS      | $5207073.51   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                            | ELI LILLY & CO                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4218 | NS      | $3288057.54   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                  | MARSH & MCLENNAN COS INC                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     44083 | NS      | $9638307.12   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD             | MARRIOTT INTERNATIONAL INC/MD             | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     20903 | NS      | $5710908.63   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                            | MASTERCARD INC                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     13000 | NS      | $7305220.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald s Corp                           | MCDONALD'S CORP                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     14727 | NS      | $4302787.59   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                          | MERCADOLIBRE INC                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       762 | NS      | $1991586.06   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | MICROSOFT CORP                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     80403 | NS      | $39993256.23  | 7.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                         | MICROSTRATEGY INC                         | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      8100 | NS      | $3274263.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                         | MIDDLEBY CORP/THE                         | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     14254 | NS      | $2052576.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody s Corp                              | MOODY'S CORP                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      4300 | NS      | $2156837.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                            | MORGAN STANLEY                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     42700 | NS      | $6014722.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                | NATERA INC                                | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24224 | NS      | $4092402.56   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                               | NETFLIX INC                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     12135 | NS      | $16250342.55  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                     | NORTHROP GRUMMAN CORP                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      8000 | NS      | $3999840.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                               | NVIDIA CORP                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    248351 | NS      | $39236974.49  | 7.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                    | PALO ALTO NETWORKS INC                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     20800 | NS      | $4256512.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                    | PERMIAN RESOURCES CORP                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    216305 | NS      | $2946074.10   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                        | PLANET FITNESS INC                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     53245 | NS      | $5806367.25   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                             | REPLIGEN CORP                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     19373 | NS      | $2409613.74   | 0.45%             |  |  |  | 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        |   3887779 | NS      | $3887779.35   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                    | ROPER TECHNOLOGIES INC                    | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      5348 | NS      | $3031460.32   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                           | SCHLUMBERGER NV                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     32700 | NS      | $1105260.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                   | CHARLES SCHWAB CORP/THE                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    116024 | NS      | $10586029.76  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                   | SEA LTD                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     44485 | NS      | $7114930.90   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                            | SERVICENOW INC                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4406 | NS      | $4529720.48   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc                   | SOLENO THERAPEUTICS INC                   | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |     37038 | NS      | $3103043.64   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                      | SOUTHERN COPPER CORP                      | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     28247 | NS      | $2857748.99   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                            | STARBUCKS CORP                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     20007 | NS      | $1833241.41   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                        | STEEL DYNAMICS INC                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     14428 | NS      | $1846928.28   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                              | STRYKER CORP                              | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      9327 | NS      | $3690041.01   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                           | T-MOBILE US INC                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     16297 | NS      | $3882923.22   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     22749 | NS      | $5152421.01   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                      | TENCENT HOLDINGS LTD                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     43332 | NS      | $2794914.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                 | TESLA INC                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     10900 | NS      | $3462494.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc              | THERMO FISHER SCIENTIFIC INC              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      8871 | NS      | $3596835.66   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                | TRANSUNION                                | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     26193 | NS      | $2304984.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                    | UNITEDHEALTH GROUP INC                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     10500 | NS      | $3275685.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                | UPWORK INC                                | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    213258 | NS      | $2866187.52   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                              | VERISIGN INC                              | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      2800 | NS      | $808640.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                      | VERISK ANALYTICS INC                      | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      3968 | NS      | $1236032.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | VISA INC                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     36848 | NS      | $13082882.40  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                     | WASTE CONNECTIONS INC                     | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     19205 | NS      | $3585957.60   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                  | WESTERN ALLIANCE BANCORP                  | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     41067 | NS      | $3202404.66   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                 | CHUBB LTD                                 | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     31322 | NS      | $9074609.84   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                                  | ICON PLC                                  | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     26478 | NS      | $3851225.10   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO Copper Corp                           | ERO COPPER CORP                           | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    157911 | NS      | $2667121.72   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                 | ALIBABA GROUP HOLDING LTD                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    115800 | NS      | $1639258.96   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | TENCENT HOLDINGS LTD                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     30800 | NS      | $1984616.91   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberArk Software Ltd                     | CYBERARK SOFTWARE LTD                     | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      7200 | NS      | $2929536.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                                | FERRARI NV                                | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |      7200 | NS      | $3533328.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                  | ADYEN NV                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |      1814 | NS      | $3331478.65   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Merus NV                                  | MERUS NV                                  | CUSIP: 000000000<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | NL        |      9114 | NS      | $479396.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | WAYMO LLC SER A-2 CVT PFD UNITS PP        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8696 | NS      | $921341.20    | 0.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | CANVA SERIES A CVT PFD STOCK PP           | CUSIP: TC0R8VGD3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        12 | NS      | $17252.88     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | TREELINE BIO SER A CVT PFD STOCK PP       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7690 | NS      | $66213.21     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | ABL SPACE SYSTEMS SER A-8 CVT PFD STK PP  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     13634 | NS      | $2999.48      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Databricks Inc                            | DATABRICKS SER J CVT PFD STOCK PP         | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |      6150 | NS      | $568875.00    | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | CANVA COMMON STOCK PP                     | CUSIP: TC1HS9QX6<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       205 | NS      | $294736.70    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | REDWOOD MATERIALS SER C CVT STOCK PP      | CUSIP: TC25HIZF2<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      9305 | NS      | $551507.35    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | RAD PWR BIKES INC CLASS A C               | CUSIP: TC2GFC392<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92335 | NS      | $18467.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Caris Life Sciences Inc                   | Caris Life Sciences, Inc. IPO             | CUSIP: 000000000<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |     15437 | NS      | $412469.01    | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bytedance Ltd                             | BYTEDANCE LTD CVT PFD SR E PP             | CUSIP: 000000000<br>LEI: 300300NIFA1100061063 | Long             | EP               | CORP              | US        |      7838 | NS      | $2328434.66   | 0.43%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | TREELINE BIO SER A-1 CVT PFD STOCK PP     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     27963 | NS      | $240769.82    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | ABL SPACE SYSTEMS SER A-9 CVT PFD STK PP  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3810 | NS      | $838.20       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | PERPLEXITY AI SER E-1 CVT PFD PP          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1346 | NS      | $662684.12    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PAX Labs Inc                              | PAX LABS CLASS A COMMON PP                | CUSIP: 000000000<br>LEI: 549300FKJA0AEKUHVG68 | Long             | EC               | CORP              | US        |    128372 | NS      | $39795.32     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-04

**Name of Applicant:** T. ROWE PRICE EQUITY SERIES, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President