# EDGAR Filing Document

**Accession Number:** 0001012968
**File Stem:** 0001099263-25-003644
**Filing Date:** 2025-11
**Character Count:** 49454
**Document Hash:** 64164e25dae1b64dd36619fef8486ffe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003644.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003644

**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:** 251521945

**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 Institutional Mid-Cap Equity Growth Fund (Series ID: S000002092)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000005460 | T. Rowe Price Institutional Mid-Cap Equity Growth Fund | PMEGX           |

## 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 Institutional Mid-Cap Equity Growth Fund

- **b. EDGAR series identifier (if any):** S000002092

- **c. LEI of Series:** ED0OOQ7M3DHZLXFU4R79

**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:** $3658284781.84

**Total Liabilities:** $1995546.95

**Net Assets:** $3656289234.89

**Assets Attributable to Miscellaneous Securities:** $45261426.98

**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 C000005460 | 0.74%                | 1.18%                | -0.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $99039805.56             | $-67012428.06                              |
| Month 2  | $86450008.81             | $-41891271.07                              |
| Month 3  | $68919547.12             | $-76535526.86                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AGILENT TECHNOLOGIES INC                | AGILENT TECHNOLOGIES INC                | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    530100 | NS      | $68038335.00  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON INC                               | ALCON AG                                | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    310600 | NS      | $23142806.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECHNOLOGY INC                    | ALIGN TECHNOLOGY INC                    | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |    142300 | NS      | $17818806.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC             | ALNYLAM PHARMACEUTICALS INC             | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    140922 | NS      | $64260432.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A                      | AMPHENOL CORP                           | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    372900 | NS      | $46146375.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCELLX INC                             | ARCELLX INC                             | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110100 | NS      | $9039210.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENDIS PHARMA A/S - ADR               | ASCENDIS PHARMA A/S                     | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    139500 | NS      | $27733995.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURANT INC                            | ASSURANT INC                            | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |    251700 | NS      | $54518220.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORP-CL A                     | ATLASSIAN CORP                          | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |    136670 | NS      | $21826199.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AURORA INNOVATION INC                   | AURORA INNOVATION INC                   | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Long             | EC               | CORP              | US        |    945032 | NS      | $5093722.48   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANTOR INC                             | AVANTOR INC                             | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2138400 | NS      | $26687232.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| AVERY DENNISON CORP                     | AVERY DENNISON CORP                     | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |    217200 | NS      | $35223324.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LTD               | AXIS CAPITAL HOLDINGS LTD               | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    123200 | NS      | $11802560.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                               | BALL CORP                               | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    442000 | NS      | $22285640.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC                              | BIOGEN INC                              | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     66200 | NS      | $9273296.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BIONTECH SE-ADR                         | BIONTECH SE                             | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |    142000 | NS      | $14004040.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BIRKENSTOCK HOLDING PLC                 | BIRKENSTOCK HOLDING PLC                 | CUSIP: M2029K104<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | JE        |    524140 | NS      | $23717335.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON HOLDINGS            | BOOZ ALLEN HAMILTON HOLDING CORP        | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |    268800 | NS      | $26866560.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHT HORIZONS FAMILY SOLUTIONS INC    | BRIGHT HORIZONS FAMILY SOLUTIONS INC    | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119500 | NS      | $12974115.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADRIDGE FINANCIAL SOLUTIO            | BROADRIDGE FINANCIAL SOLUTIONS INC      | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     62500 | NS      | $14885625.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUKER CORP                             | BRUKER CORP                             | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    389765 | NS      | $12663464.85  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BULLISH                                 | BULLISH                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     43889 | NS      | $2791779.29   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BURLINGTON STORES INC                   | BURLINGTON STORES INC                   | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |    145534 | NS      | $37038403.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES INC                    | BWX TECHNOLOGIES INC                    | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    189800 | NS      | $34993426.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CARIS LIFE SCIENCES INC                 | CARIS LIFE SCIENCES INC                 | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |     39783 | NS      | $1203435.75   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CASEY S GENERAL STORES INC              | CASEY'S GENERAL STORES INC              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     60820 | NS      | $34382762.40  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                 | CBOE GLOBAL MARKETS INC                 | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    121000 | NS      | $29675250.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC INTELLIGENT SOLUTIONS HO            | CCC INTELLIGENT SOLUTIONS HOLDINGS INC  | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3826187 | NS      | $34856563.57  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC                     | CHENIERE ENERGY INC                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    223900 | NS      | $52612022.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| COOPER COS INC/THE                      | COOPER COS INC/THE                      | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |    641100 | NS      | $43953816.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INC                             | CORNING INC                             | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    290300 | NS      | $23813309.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY INC                              | CORPAY INC                              | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     80636 | NS      | $23228006.16  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC                        | COSTAR GROUP INC                        | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |    223600 | NS      | $18865132.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CRISPR THERAPEUTICS AG                  | CRISPR THERAPEUTICS AG                  | CUSIP: 000000000<br>LEI: 506700O6IRRIQLT3W370 | Long             | EC               | CORP              | CH        |    145361 | NS      | $9420846.41   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CYTOKINETICS INC                        | CYTOKINETICS INC                        | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    363000 | NS      | $19950480.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences Inc Lockup Shs PP   | Caris Life Sciences, Inc. IPO           | CUSIP: 000000000<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |    278943 | NS      | $8438025.75   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DATABRICKS SER H CVT PFD STOCK PP       | DATABRICKS SER H CVT PFD STOCK PP       | CUSIP: TC2K5K6F9<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     51566 | NS      | $7734900.00   | 0.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS SER I CVT PFD STOCK PP       | DATABRICKS SER I CVT PFD STOCK PP       | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     17003 | NS      | $2550450.00   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS SER J CVT PFD STOCK PP       | DATABRICKS SER J CVT PFD STOCK PP       | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     28226 | NS      | $4233900.00   | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DOLLAR TREE INC                         | DOLLAR TREE INC                         | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    520000 | NS      | $49072400.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINO S PIZZA INC                      | DOMINO'S PIZZA INC                      | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |    127239 | NS      | $54930348.69  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DRAFTKINGS INC                          | DRAFTKINGS INC                          | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |   1227900 | NS      | $45923460.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM INC                        | DT MIDSTREAM INC                        | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34900 | NS      | $3945794.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DUOLINGO                                | DUOLINGO INC                            | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76100 | NS      | $24492024.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                | ELANCO ANIMAL HEALTH INC                | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    614341 | NS      | $12372827.74  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORP                   | ENCOMPASS HEALTH CORP                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    136500 | NS      | $17338230.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                                | EQT CORP                                | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    613900 | NS      | $33414577.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIFAX INC                             | EQUIFAX INC                             | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |    109900 | NS      | $28192647.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB CORP                               | ESAB CORP                               | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    348720 | NS      | $38965972.80  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                      | EXPAND ENERGY CORP                      | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    229600 | NS      | $24392704.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC                | FERGUSON ENTERPRISES INC                | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |    178000 | NS      | $39975240.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIREFLY AEROSPACE INC                   | FIREFLY AEROSPACE INC                   | CUSIP: 31816X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56415 | NS      | $1654087.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIVE CORP                            | FORTIVE CORP                            | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    239501 | NS      | $11733153.99  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC           | HILTON WORLDWIDE HOLDINGS INC           | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    287700 | NS      | $74640888.00  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC INC                             | HOLOGIC INC                             | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |   1231600 | NS      | $83120684.00  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                             | HUBSPOT INC                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     29000 | NS      | $13566200.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX CORP                               | IDEX CORP                               | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     40500 | NS      | $6591780.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INGERSOLL-RAND INC                      | INGERSOLL RAND INC                      | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    570200 | NS      | $47109924.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| IONIS PHARMACEUTICALS INC               | IONIS PHARMACEUTICALS INC               | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |    735856 | NS      | $48139699.52  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT INC                                 | ITT INC                                 | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |    128600 | NS      | $22988536.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNT (JB) TRANSPRT SVCS INC             | JB HUNT TRANSPORT SERVICES INC          | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     63000 | NS      | $8452710.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES IN                | KEYSIGHT TECHNOLOGIES INC               | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |    217700 | NS      | $38080084.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KLARNA GROUP PLC                        | KLARNA GROUP PLC                        | CUSIP: 000000000<br>LEI: 636700HER4JIK7GZUN17 | Long             | EC               | CORP              | GB        |    120904 | NS      | $4431131.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LATTICE SEMICONDUCTOR CORP              | LATTICE SEMICONDUCTOR CORP              | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    956000 | NS      | $70093920.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP-FORMULA-C            | LIBERTY MEDIA CORP-LIBERTY FORMULA ONE  | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    559839 | NS      | $58475183.55  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP-LIBERTY-C            | LIBERTY MEDIA CORP-LIBERTY LIVE         | CUSIP: 531229722<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    244600 | NS      | $23718862.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC           | LIVE NATION ENTERTAINMENT INC           | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     50200 | NS      | $8202680.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC | MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208600 | NS      | $25968614.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MANHATTAN ASSOCIATES INC                | MANHATTAN ASSOCIATES INC                | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |    124700 | NS      | $25561006.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MAPLEBEAR INC                           | MAPLEBEAR INC                           | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    386300 | NS      | $14200388.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKEL GROUP INC                        | MARKEL GROUP INC                        | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |     10400 | NS      | $19878144.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC                | MARKETAXESS HOLDINGS INC                | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     81900 | NS      | $14271075.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS               | MARTIN MARIETTA MATERIALS INC           | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     69200 | NS      | $43615376.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MASIMO CORP                             | MASIMO CORP                             | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     53500 | NS      | $7893925.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MATCH GROUP INC                         | MATCH GROUP INC                         | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    274251 | NS      | $9686545.32   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK & CO-NON VTG SHRS             | MCCORMICK & CO INC/MD                   | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |    380700 | NS      | $25472637.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MCGRAW HILL INC                         | MCGRAW HILL INC                         | CUSIP: 580907103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    455814 | NS      | $5720465.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| METTLER-TOLEDO INTERNATIONAL            | METTLER-TOLEDO INTERNATIONAL INC        | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     44800 | NS      | $54996928.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                | MICROCHIP TECHNOLOGY INC                | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    617700 | NS      | $39668694.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                   | MOLINA HEALTHCARE INC                   | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     86400 | NS      | $16533504.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDAY.COM LTD                          | MONDAY.COM LTD                          | CUSIP: 000000000<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |     74600 | NS      | $14449274.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MONGODB INC                             | MONGODB INC                             | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |     35800 | NS      | $11111604.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC            | MONOLITHIC POWER SYSTEMS INC            | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     48600 | NS      | $44743104.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                                | MSCI INC                                | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     82200 | NS      | $46641102.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSKOPE INC-CL A                       | NETSKOPE INC                            | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |    203238 | NS      | $4619599.74   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK TIMES CO-A                     | NEW YORK TIMES CO/THE                   | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    550800 | NS      | $31615920.00  | 0.86%             |  |  |  | No            |                  1 | 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        |    166336 | NS      | $2155714.56   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NXP SEMICONDUCTORS NV                   | NXP SEMICONDUCTORS NV                   | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |    112700 | NS      | $25665171.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE               | OLD DOMINION FREIGHT LINE INC           | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    216200 | NS      | $30436636.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ON HOLDING AG-CLASS A                   | ON HOLDING AG                           | CUSIP: 000000000<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |    366100 | NS      | $15504335.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ONESTREAM INC                           | ONESTREAM INC                           | CUSIP: 68278B107<br>LEI: 254900CRBCHIYDC37W82 | Long             | EC               | CORP              | US        |    397359 | NS      | $7323326.37   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYLOCITY HOLDING CORP                  | PAYLOCITY HOLDING CORP                  | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |    241766 | NS      | $38506070.82  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET FITNESS INC - CL A               | PLANET FITNESS INC                      | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |    431400 | NS      | $44779320.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                                 | PTC INC                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    409841 | NS      | $83205919.82  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PURE STORAGE INC CL A                   | PURE STORAGE INC                        | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |    422283 | NS      | $35391538.23  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES INC                     | QUANTA SERVICES INC                     | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     53900 | NS      | $22337238.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                        | QUIDELORTHO CORP                        | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    328400 | NS      | $9671380.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| RALLIANT CORP                           | RALLIANT CORP                           | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    191114 | NS      | $8357415.22   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL INC             | RAYMOND JAMES FINANCIAL INC             | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    234900 | NS      | $40543740.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT INC-CL A                         | REDDIT INC                              | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |    130306 | NS      | $29969076.94  | 0.82%             |  |  |  | No            |                  1 | 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        |     81901 | NS      | $3855080.07   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| REVOLUTION MEDICINES INC                | REVOLUTION MEDICINES INC                | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    196600 | NS      | $9181220.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES INC                         | ROSS STORES INC                         | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    260000 | NS      | $39621400.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RYAN SPECIALTY HOLDINGS                 | RYAN SPECIALTY HOLDINGS INC             | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175800 | NS      | $9908088.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SEALED AIR CORP                         | SEALED AIR CORP                         | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    502300 | NS      | $17756305.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTERNATIONAL              | SERVICE CORP INTERNATIONAL/US           | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |    123200 | NS      | $10252704.00  | 0.28%             |  |  |  | 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        |    186841 | NS      | $3404243.02   | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SPORTRADAR GROUP AG-A                   | SPORTRADAR GROUP AG                     | CUSIP: 000000000<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |    473600 | NS      | $12739840.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARDAERO INC                        | STANDARDAERO INC                        | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    582548 | NS      | $15897734.92  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Treasury Reserve Fund     | T. Rowe Price Treasury Reserve Fund     | CUSIP: 76105Y208<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        |  72592213 | NS      | $72592212.72  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                          | TECHNIPFMC PLC                          | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |   1372177 | NS      | $54132382.65  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEFLEX INC                            | TELEFLEX INC                            | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |    294700 | NS      | $36059492.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADYNE INC                            | TERADYNE INC                            | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     90200 | NS      | $12415128.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE INC                     | TEXAS ROADHOUSE INC                     | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    142500 | NS      | $23676375.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC                             | TEXTRON INC                             | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    530400 | NS      | $44813496.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST INC-CLASS A                       | TOAST INC                               | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    686000 | NS      | $25045860.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP                           | TOPBUILD CORP                           | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     37600 | NS      | $14696336.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG INC                                 | TPG INC                                 | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |    231795 | NS      | $13316622.75  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADE DESK INC/THE -CLASS A             | TRADE DESK INC/THE                      | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    344715 | NS      | $16894482.15  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADEWEB MARKETS INC-CLASS A            | TRADEWEB MARKETS INC                    | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    149100 | NS      | $16547118.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSUNION                              | TRANSUNION                              | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    446429 | NS      | $37401821.62  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TYLER TECHNOLOGIES INC                  | TYLER TECHNOLOGIES INC                  | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |    119400 | NS      | $62465304.00  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| UL SOLUTIONS INC - CLASS A              | UL SOLUTIONS INC                        | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |    264134 | NS      | $18716535.24  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY INC                         | ULTA BEAUTY INC                         | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     62703 | NS      | $34282865.25  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY SOFTWARE INC                      | UNITY SOFTWARE INC                      | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |    219331 | NS      | $8782013.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| VAXCYTE INC                             | VAXCYTE INC                             | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    217065 | NS      | $7818681.30   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC CL A                  | VEEVA SYSTEMS INC                       | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    254700 | NS      | $75877677.00  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                            | VERALTO CORP                            | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    217600 | NS      | $23198336.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| VIKING HOLDINGS LTD                     | VIKING HOLDINGS LTD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    821189 | NS      | $51045108.24  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC                   | WASTE CONNECTIONS INC                   | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     34200 | NS      | $6012360.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST PHARMACEUTICAL SERVICES            | WEST PHARMACEUTICAL SERVICES INC        | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |     46700 | NS      | $12250811.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WINGSTOP INC                            | WINGSTOP INC                            | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |     43900 | NS      | $11048752.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC            | WYNDHAM HOTELS & RESORTS INC            | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    201200 | NS      | $16075880.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO INC                                 | XPO INC                                 | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |    193100 | NS      | $24962037.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM  BRANDS INC                         | YUM! BRANDS INC                         | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    440262 | NS      | $66919824.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                 | ZOOM COMMUNICATIONS INC                 | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |    256500 | NS      | $21161250.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER INC                             | ZSCALER INC                             | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |    147200 | NS      | $44109952.00  | 1.21%             |  |  |  | No            |                  1 | 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