# EDGAR Filing Document

**Accession Number:** 0001019286
**File Stem:** 0001019286-23-000010
**Filing Date:** 2023-2
**Character Count:** 36073
**Document Hash:** 9b8bad81299b1122d946cbe16f54955b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001019286-23-000010.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001019286-23-000010

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Financial Services Fund, Inc.
- **CENTRAL INDEX KEY:** 0001019286
- **IRS NUMBER:** 522024849
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07749
- **FILM NUMBER:** 23667657

**BUSINESS ADDRESS:**
- **STREET 1:** 100 EAST PRATT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 100 EAST PRATT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE FINANCIAL SERVICES FUND INC
- **DATE OF NAME CHANGE:** 19960720

## Series and Classes Contracts Data

### T. Rowe Price Financial Services Fund, Inc. (Series ID: S000002084)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000005450 | T. Rowe Price Financial Services Fund, Inc.    | PRISX           |
| C000177205 | T. Rowe Price Financial Services Fund--I Class | TFIFX           |

## 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 FINANCIAL SERVICES FUND, INC.

- **b. Investment Company Act file number:** 811-07749

- **c. CIK number of Registrant:** 0001019286

- **d. LEI of Registrant:** 549300G1KHUY9LO6U864

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

  - **Street Address 1:** 100 East Pratt Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21202

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

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

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

- **b. EDGAR series identifier (if any):** S000002084

- **c. LEI of Series:** OT887USWRRG6914YF055

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1552810234.82

**Total Liabilities:** $7542464.26

**Net Assets:** $1545267770.56

**Assets Attributable to Miscellaneous Securities:** $24879146.00

**Cash Not Reported:** $15260.00

**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 C000005450 | 12.95%               | 5.51%                | -5.96%               |
| Class ID C000177205 | 12.96%               | 5.53%                | -5.94%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-12844687.27            | $187994465.56                              |
| Month 2  | $-216898.21              | $83735771.51                               |
| Month 3  | $-728587.84              | $-102317367.87                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                                       | COALITION SER E CVT PFD STOCK PP                             | CUSIP: TC8G0GXC3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    133551 | NS      | $2875994.07   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                       | TRUMID HLDGS SR L CVT PFD TAX BLOCKER PP                     | CUSIP: TC7ISN1K2<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       961 | NS      | $655786.40    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                       | TRUMID HLDGS LLC J-A CVT PFD                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $485528.15    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                       | TRUMID HLDGS LLC J-B CVT PFD                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $485528.15    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BAWAG Group AG                                            | BAWAG GROUP AG                                               | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |     68780 | NS      | $3665306.55   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Direct Line Insurance Group PLC                           | DIRECT LINE INSURANCE GROUP PLC                              | CUSIP: 000000000<br>LEI: 213800FF2R23ALJQOP04 | Long             | EC               | CORP              | GB        |    757226 | NS      | $2018294.22   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Patria Investments Ltd                                    | PATRIA INVESTMENTS LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    133206 | NS      | $1855559.58   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                             | AIA GROUP LTD                                                | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    220400 | NS      | $2433963.51   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd                                     | JULIUS BAER GROUP LTD                                        | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |    210031 | NS      | $12224039.94  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubb Ltd                                                 | CHUBB LTD                                                    | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    312092 | NS      | $68847495.20  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                               | INVESCO LTD                                                  | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    813500 | NS      | $14634865.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC                           | LONDON STOCK EXCHANGE GROUP PLC                              | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |    194311 | NS      | $16695433.93  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Western Alliance Bancorp                                  | WESTERN ALLIANCE BANCORP                                     | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    340161 | NS      | $20259989.16  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                          | WELLS FARGO & CO                                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   1586781 | NS      | $65518187.49  | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                                    | WEBSTER FINANCIAL CORP                                       | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    462617 | NS      | $21900288.78  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                                       | WSFS FINANCIAL CORP                                          | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     86300 | NS      | $3912842.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                        | VOYA FINANCIAL INC                                           | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    163500 | NS      | $10053615.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc                            | VIRTUS INVESTMENT PARTNERS INC                               | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |     60700 | NS      | $11620408.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                  | VISA INC                                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     63738 | NS      | $13242206.88  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                | US BANCORP                                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    788400 | NS      | $34382124.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Capital Inc                                       | TRINITY CAPITAL INC                                          | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | CORP              | US        |    569611 | NS      | $6225848.23   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Travelers Cos Inc/The                                     | TRAVELERS COS INC/THE                                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     78600 | NS      | $14736714.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                                       | STEPSTONE GROUP INC                                          | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253100 | NS      | $6373058.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                         | STATE STREET CORP                                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    487175 | NS      | $37790164.75  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc                                     | SOFI TECHNOLOGIES INC                                        | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |    633333 | NS      | $2919665.13   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Signature Bank/New York NY                                | SIGNATURE BANK/NEW YORK NY                                   | CUSIP: 82669G104<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | EC               | CORP              | US        |    126829 | NS      | $14613237.38  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                   | CHARLES SCHWAB CORP/THE                                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    559537 | NS      | $46587050.62  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandy Spring Bancorp Inc                                  | SANDY SPRING BANCORP INC                                     | CUSIP: 800363103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54300 | NS      | $1912989.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Government Reserve Investment Fund           | T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND - Collateral | CUSIP: 76105YYY8<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        |   6394886 | NS      | $6394885.53   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Government Reserve Investment Fund           | T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND              | CUSIP: 76105Y109<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        |  23835844 | NS      | $23835844.38  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America Inc                          | REINSURANCE GROUP OF AMERICA INC                             | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     34100 | NS      | $4845269.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc                               | RAYMOND JAMES FINANCIAL INC                                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    271050 | NS      | $28961692.50  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                                               | POPULAR INC                                                  | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    224626 | NS      | $14897196.32  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services Inc                           | PENNYMAC FINANCIAL SERVICES INC                              | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     96524 | NS      | $5469049.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                                    | AXA SA                                                       | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |    321526 | NS      | $8956279.91   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| P10 Inc                                                   | P10 INC                                                      | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    433551 | NS      | $4625989.17   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The                      | PNC FINANCIAL SERVICES GROUP INC/THE                         | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     35600 | NS      | $5622664.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc                                      | ONEMAIN HOLDINGS INC                                         | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |    324100 | NS      | $10795771.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NerdWallet Inc                                            | NERDWALLET INC                                               | CUSIP: 64082B102<br>LEI: 254900FJ2Y4SH71DJ379 | Long             | EC               | CORP              | US        |    313500 | NS      | $3009600.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                               | NATIONAL BANK HOLDINGS CORP                                  | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    122407 | NS      | $5149662.49   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                            | MORGAN STANLEY                                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    340813 | NS      | $28975921.26  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                               | METLIFE INC                                                  | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    531500 | NS      | $38464655.00  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                            | MASTERCARD INC                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     19582 | NS      | $6809248.86   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                                  | MARSH & MCLENNAN COS INC                                     | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    250357 | NS      | $41429076.36  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Main Street Capital Corp                                  | MAIN STREET CAPITAL CORP                                     | CUSIP: 56035L104<br>LEI: 5493001FS9QJLJNF3E20 | Long             | EC               | CORP              | US        |     87375 | NS      | $3228506.25   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| M&T Bank Corp                                             | M&T BANK CORP                                                | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     89000 | NS      | $12910340.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |     14528 | NS      | $4699383.42   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Kemper Corp                                               | KEMPER CORP                                                  | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |    289655 | NS      | $14251026.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                              | KKR & CO INC                                                 | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    424700 | NS      | $19714574.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMORGAN CHASE & CO                                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    212500 | NS      | $28496250.00  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                              | HUNTINGTON BANCSHARES INC/OH                                 | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   2983140 | NS      | $42062274.00  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc/AR                                    | HOME BANCSHARES INC/AR                                       | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62976 | NS      | $1435223.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp                                    | HERITAGE COMMERCE CORP                                       | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    278668 | NS      | $3622684.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Group Inc/The                 | HARTFORD FINANCIAL SERVICES GROUP INC/THE                    | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    678200 | NS      | $51427906.00  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | GOLDMAN SACHS GROUP INC/THE                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    120600 | NS      | $41411628.00  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                                   | ARTHUR J GALLAGHER & CO                                      | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    173400 | NS      | $32692836.00  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Bancorp                                         | FIVE STAR BANCORP                                            | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |     30313 | NS      | $825726.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                                | FISERV INC                                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    152700 | NS      | $15433389.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp                             | FIRST AMERICAN FINANCIAL CORP                                | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    157407 | NS      | $8238682.38   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                       | FIFTH THIRD BANCORP                                          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    999789 | NS      | $32803077.09  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                                         | FB FINANCIAL CORP                                            | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     99392 | NS      | $3592026.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                                    | EQUITABLE HOLDINGS INC                                       | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    694908 | NS      | $19943859.60  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                                  | ENCORE CAPITAL GROUP INC                                     | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |    146537 | NS      | $7024983.78   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                                     | EAST WEST BANCORP INC                                        | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    285000 | NS      | $18781500.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                                    | ARCH CAPITAL GROUP LTD                                       | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |    426000 | NS      | $26744280.00  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                                | RENAISSANCERE HOLDINGS LTD                                   | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |    120300 | NS      | $22162869.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                                 | AXIS CAPITAL HOLDINGS LTD                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    356217 | NS      | $19296274.89  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc                             | DIME COMMUNITY BANCSHARES INC                                | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    365000 | NS      | $11617950.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                                  | COREBRIDGE FINANCIAL INC                                     | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |   1053723 | NS      | $21137683.38  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                              | CITIZENS FINANCIAL GROUP INC                                 | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    566580 | NS      | $22306254.60  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                             | CITIGROUP INC                                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    963200 | NS      | $43565536.00  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                | CAPITAL ONE FINANCIAL CORP                                   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    420600 | NS      | $39098976.00  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA Financial Corp                                        | CNA FINANCIAL CORP                                           | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |     22071 | NS      | $933161.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                             | CME GROUP INC                                                | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     57754 | NS      | $9711912.64   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                                   | CBOE GLOBAL MARKETS INC                                      | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    149006 | NS      | $18695782.82  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd                           | BROOKFIELD ASSET MANAGEMENT LTD                              | CUSIP: 113004105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     71449 | NS      | $2048442.83   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Brookfield Corp                                           | BROOKFIELD CORP                                              | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |    285800 | NS      | $8991268.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| Black Knight Inc                                          | BLACK KNIGHT INC                                             | CUSIP: 09215C105<br>LEI: 549300TUSNXS3BFFML48 | Long             | EC               | CORP              | US        |    175817 | NS      | $10856699.75  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                    | BERKSHIRE HATHAWAY INC                                       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     32800 | NS      | $10131920.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings BDC Inc                                           | BARINGS BDC INC                                              | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    791442 | NS      | $6450252.30   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                                            | BANKUNITED INC                                               | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    431891 | NS      | $14671337.27  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The                          | BANK OF NEW YORK MELLON CORP/THE                             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    504800 | NS      | $22978496.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                      | BANK OF AMERICA CORP                                         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1770600 | NS      | $58642272.00  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                              | APOLLO GLOBAL MANAGEMENT INC                                 | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    524400 | NS      | $33451476.00  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                                  | AMERIPRISE FINANCIAL INC                                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     78200 | NS      | $24349134.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc                          | AMERICAN INTERNATIONAL GROUP INC                             | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    867471 | NS      | $54858866.04  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

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

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President