# EDGAR Filing Document

**Accession Number:** 0000773485
**File Stem:** 0000773485-25-000032
**Filing Date:** 2025-8
**Character Count:** 42361
**Document Hash:** f2ae178333ef19e985f9011d6c08cae8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000773485-25-000032.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0000773485-25-000032

**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 All-Cap Opportunities Fund, Inc.
- **CENTRAL INDEX KEY:** 0000773485

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04358
- **FILM NUMBER:** 251256780

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

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

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

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

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

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

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

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

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

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

- **a. Name of Series:** T. Rowe Price All-Cap Opportunities Fund

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

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

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

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

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

**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:** $16414457922.70

**Total Liabilities:** $9749685.99

**Net Assets:** $16404708236.71

**Cash Not Reported:** $18.07

**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 C000256316 | 0.54%                | 5.70%                | 5.83%                |
| Class ID C000005476 | 0.48%                | 5.61%                | 5.77%                |
| Class ID C000166319 | 0.50%                | 5.63%                | 5.80%                |
| Class ID C000012105 | 0.46%                | 5.59%                | 5.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-16016689.27            | $81185038.27                               |
| Month 2  | $65692510.91             | $761829686.38                              |
| Month 3  | $77011366.99             | $811867473.20                              |

### 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        |    799700 | NS      | $113477430.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc               | ALNYLAM PHARMACEUTICALS INC               | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    185700 | NS      | $60554913.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                              | ALPHABET INC                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2223229 | NS      | $394378592.31  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                            | AMAZON.COM INC                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   2081375 | NS      | $456632861.25  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                       | AMERICAN TOWER CORP                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    860200 | NS      | $190121404.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc               | AMERICAN WATER WORKS CO INC               | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |    571900 | NS      | $79557009.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                               | CENCORA INC                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    669429 | NS      | $200728285.65  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                             | AMPHENOL CORP                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    550897 | NS      | $54401078.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                        | ANALOG DEVICES INC                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    461500 | NS      | $109846230.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                       | ELEVANCE HEALTH INC                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    272513 | NS      | $105996656.48  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                 | APPLE INC                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2622444 | NS      | $538046835.48  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                     | APPLIED MATERIALS INC                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    470900 | NS      | $86207663.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                             | APPLOVIN CORP                             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    277190 | NS      | $97038675.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                 | ARGENX SE                                 | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     87898 | NS      | $48451135.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc                   | AVIDITY BIOSCIENCES INC                   | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    503400 | NS      | $14296560.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                      | BANK OF AMERICA CORP                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   7343500 | NS      | $347494420.00  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | BOOKING HOLDINGS INC                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     23400 | NS      | $135468216.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | BROADCOM INC                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1759665 | NS      | $485051657.25  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                            | CBRE GROUP INC                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    744570 | NS      | $104329148.40  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                           | CIGNA GROUP/THE                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    457600 | NS      | $151273408.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                             | CME GROUP INC                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    416600 | NS      | $114823292.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                           | CMS ENERGY CORP                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |   1849200 | NS      | $128112576.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                               | CAMECO CORP                               | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    623400 | NS      | $46274982.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                | CARVANA CO                                | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    477667 | NS      | $160954672.32  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                            | CAVA GROUP INC                            | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    753700 | NS      | $63484151.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                              | DAYFORCE INC                              | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |   1773629 | NS      | $98241310.31   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc                 | CIRCLE INTERNET GROUP INC                 | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |    203865 | NS      | $36958685.85   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                             | CITIGROUP INC                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   2472144 | NS      | $210428897.28  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                          | COCA-COLA CO/THE                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |   1605084 | NS      | $113559693.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                      | COLGATE-PALMOLIVE CO                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |   1596200 | NS      | $145094580.00  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                          | CROWN CASTLE INC                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |   1457424 | NS      | $149721167.52  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                | DEERE & CO                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    268500 | NS      | $136529565.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                 | AXIS CAPITAL HOLDINGS LTD                 | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    594500 | NS      | $61720990.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                              | EVERCORE INC                              | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    465136 | NS      | $125596022.72  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                        | META PLATFORMS INC                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    930547 | NS      | $686827435.23  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                           | FAIR ISAAC CORP                           | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |    137174 | NS      | $250748585.04  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                              | FORTINET INC                              | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |   1298048 | NS      | $137229634.56  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                       | GENERAL ELECTRIC CO                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    823598 | NS      | $211985889.22  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                       | GILEAD SCIENCES INC                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    666414 | NS      | $73885320.18   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc             | HILTON WORLDWIDE HOLDINGS INC             | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    233755 | NS      | $62258306.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                        | HOME DEPOT INC/THE                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    789287 | NS      | $289384185.68  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                               | HUBSPOT INC                               | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |    167759 | NS      | $93379692.17   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                    | IDEXX LABORATORIES INC                    | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     96968 | NS      | $52007817.12   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                | INSMED INC                                | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |   1419700 | NS      | $142878608.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                       | JPMORGAN CHASE & CO                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    545356 | NS      | $158104157.96  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                            | ELI LILLY & CO                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    128385 | NS      | $100079959.05  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                  | MARSH & MCLENNAN COS INC                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |   1355400 | NS      | $296344656.00  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD             | MARRIOTT INTERNATIONAL INC/MD             | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |    634516 | NS      | $173356116.36  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                            | MASTERCARD INC                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    398400 | NS      | $223876896.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald s Corp                           | MCDONALD'S CORP                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    472407 | NS      | $138023153.19  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                          | MERCADOLIBRE INC                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     22935 | NS      | $59943604.05   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | MICROSOFT CORP                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2451191 | NS      | $1219246915.31 | 7.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                         | MICROSTRATEGY INC                         | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |    246200 | NS      | $99521426.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                         | MIDDLEBY CORP/THE                         | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |    431788 | NS      | $62177472.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody s Corp                              | MOODY'S CORP                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    134400 | NS      | $67413696.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                            | MORGAN STANLEY                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1296400 | NS      | $182610904.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                | NATERA INC                                | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    742827 | NS      | $125493193.38  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                               | NETFLIX INC                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    367657 | NS      | $492340518.41  | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                     | NORTHROP GRUMMAN CORP                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    241100 | NS      | $120545178.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                               | NVIDIA CORP                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   7549222 | NS      | $1192701583.78 | 7.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                    | PALO ALTO NETWORKS INC                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    652800 | NS      | $133588992.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                    | PERMIAN RESOURCES CORP                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   6564182 | NS      | $89404158.84   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                        | PLANET FITNESS INC                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |   1622901 | NS      | $176977354.05  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                             | REPLIGEN CORP                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    582255 | NS      | $72420876.90   | 0.44%             |  |  |  | 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        | 116239253 | NS      | $116239252.64  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                    | ROPER TECHNOLOGIES INC                    | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    162591 | NS      | $92163082.44   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                           | SCHLUMBERGER NV                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    994000 | NS      | $33597200.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                   | CHARLES SCHWAB CORP/THE                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   3517542 | NS      | $320940532.08  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                   | SEA LTD                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |   1345752 | NS      | $215239574.88  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                            | SERVICENOW INC                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    135062 | NS      | $138854540.96  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc                   | SOLENO THERAPEUTICS INC                   | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |   1123087 | NS      | $94092228.86   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                      | SOUTHERN COPPER CORP                      | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    855762 | NS      | $86577441.54   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                            | STARBUCKS CORP                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    604574 | NS      | $55397115.62   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                        | STEEL DYNAMICS INC                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |    431573 | NS      | $55245659.73   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                              | STRYKER CORP                              | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    283444 | NS      | $112138949.72  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                           | T-MOBILE US INC                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    506678 | NS      | $120721100.28  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    696800 | NS      | $157818232.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                      | TENCENT HOLDINGS LTD                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |   1351800 | NS      | $87191100.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                 | TESLA INC                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    340773 | NS      | $108249951.18  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc              | THERMO FISHER SCIENTIFIC INC              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    268200 | NS      | $108744372.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                | TRANSUNION                                | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    794630 | NS      | $69927440.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                    | UNITEDHEALTH GROUP INC                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    316900 | NS      | $98863293.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                | UPWORK INC                                | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |   6460838 | NS      | $86833662.72   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                              | VERISIGN INC                              | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     85300 | NS      | $24634640.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                      | VERISK ANALYTICS INC                      | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    112065 | NS      | $34908247.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | VISA INC                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |   1124167 | NS      | $399135493.35  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                     | WASTE CONNECTIONS INC                     | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    582502 | NS      | $108764773.44  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                  | WESTERN ALLIANCE BANCORP                  | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |   1248064 | NS      | $97324030.72   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                 | CHUBB LTD                                 | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    949626 | NS      | $275125644.72  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                                  | ICON PLC                                  | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |    803468 | NS      | $116864420.60  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO Copper Corp                           | ERO COPPER CORP                           | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |   4777567 | NS      | $80693255.74   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                 | ALIBABA GROUP HOLDING LTD                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |   3597200 | NS      | $50921781.76   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | TENCENT HOLDINGS LTD                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    935900 | NS      | $60305291.04   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberArk Software Ltd                     | CYBERARK SOFTWARE LTD                     | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |    217400 | NS      | $88455712.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                                | FERRARI NV                                | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |    219500 | NS      | $107717430.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                  | ADYEN NV                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     54962 | NS      | $100939762.80  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Merus NV                                  | MERUS NV                                  | CUSIP: 000000000<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | NL        |    310984 | NS      | $16357758.40   | 0.10%             |  |  |  | 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        |    166137 | NS      | $17602215.15   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | CANVA SERIES A CVT PFD STOCK PP           | CUSIP: TC0R8VGD3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       242 | NS      | $347933.08     | 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        |    164309 | NS      | $1414749.78    | 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        |    261025 | NS      | $57425.50      | 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        |    168950 | NS      | $15627875.00   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | CANVA COMMON STOCK PP                     | CUSIP: TC1HS9QX6<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4074 | NS      | $5857352.76    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | REDWOOD MATERIALS SER C CVT STOCK PP      | CUSIP: TC25HIZF2<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    182704 | NS      | $10828866.08   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | RAD PWR BIKES INC CLASS A C               | CUSIP: TC2GFC392<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1851771 | NS      | $370354.20     | 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        |    301020 | NS      | $8043254.41    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bytedance Ltd                             | BYTEDANCE LTD CVT PFD SR E PP             | CUSIP: 000000000<br>LEI: 300300NIFA1100061063 | Long             | EP               | CORP              | US        |    148803 | NS      | $44204907.21   | 0.27%             |  |  |  | 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        |    597483 | NS      | $5144507.87    | 0.03%             |  |  |  | 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        |     76450 | NS      | $16819.00      | 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        |     40949 | NS      | $20160662.77   | 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        |   2428492 | NS      | $752832.52     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                       | CANVA SERIES A-3 CVT PFD STOCK PP         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        10 | NS      | $14377.40      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

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

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

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President