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T. Rowe Price Large-Cap Growth Fund proxy voting record

T. Rowe Price Equity Funds files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.

SourceProxy-voting record filed by T. Rowe Price Equity Funds on 2025-08-29 · open the filing · vote table (ProxyVotingTable.xml, 8.9 MB)

How it voted, by issue

Proposals are grouped by the subject the filer itself recorded. On management's own executive pay resolutions, this fund voted in favour 93.8% of the time across 32 votes.

IssueProposals facedBackedShare backed
Climate & environment1800%
Workers & human rights500%
Pay equity & inclusion400%
Executive pay600%
Corporate governance18316.7%
Other social issues2015%

What it holds

The largest positions this fund reported, as a share of the fund. Your slice of each is that percentage of your balance.

Company% of fund
Nvidia Corp14.24%
Alphabet Inc Cl a10.49%
Broadcom Inc5.50%
Apple Inc4.59%
Advanced Micro Devices3.72%
Microsoft Corp3.37%
Mastercard Inc - a2.86%
Meta Platforms Inc-Class a2.83%
Eli Lilly & Co2.57%
Block Inc2.43%
Visa Inc-Class a Shares2.25%
Amphenol Corp-Cl a1.86%

SourcePortfolio holdings as reported by the fund for 2026-06-30 · open the filing

Ballots it voted

Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Climate & environment

Should Amazon.com publish a fuller account of its emissions and how it plans to cut them?

Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 8,516,521 shares

“SHAREHOLDER PROPOSAL REQUESTING ALTERNATIVE EMISSIONS REPORTING”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Climate & environment

Should Amazon.com report what its data centres do to its climate commitments?

Shareholders asked for a report on the electricity and water its data-centre build-out consumes, and on whether the growth in that demand can be squared with the emissions targets the company has already committed to.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 8,516,521 shares

“SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Workforce & human rights

Should Amazon.com publish a report on working conditions inside its warehouses?

Shareholders asked the board to commission and publish a report on working conditions in the company’s warehouses — injury and illness rates, the effect of productivity quotas and the pace of work, and how the company’s own practices compare with what it says publicly.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 8,516,521 shares

“SHAREHOLDER PROPOSAL REQUESTING A REPORT ON WAREHOUSE WORKING CONDITIONS”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Alphabet Inc. · 6 June 2025 · put on the ballot by shareholder · Workforce & human rights

Should Alphabet assess the human rights risks its own operations create?

Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 7,449,787 shares

“Stockholder proposal regarding a report on the due diligence process to assess human rights risks in CAHRA”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Mastercard Incorporated · 24 June 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should an independent auditor examine how Mastercard Incorporated affects civil rights?

Shareholders asked the board to commission an independent, third-party audit of the company’s impact on civil rights and racial equity — its workforce, its customers and the communities it operates in — and to publish what the auditor finds.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 1,344,660 shares

“Consideration of a stockholder proposal requesting a racial equity audit report”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

The Boeing Company · 24 April 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should an independent auditor examine how Boeing affects civil rights?

Shareholders asked the board to commission an independent, third-party audit of the company’s impact on civil rights and racial equity — its workforce, its customers and the communities it operates in — and to publish what the auditor finds.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 880,374 shares

“Civil Rights Audit.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Fiserv, Inc. · 14 May 2025 · put on the ballot by shareholder · Executive pay

Should Fiserv be able to take back pay awarded on results that turn out to be wrong?

Shareholders asked the board to strengthen its clawback policy, so that bonuses and share awards can be recovered when they were earned on misstated results or on conduct that later causes the company harm.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 2,459,568 shares

“Shareholder proposal requesting amendments to the Fiserv, Inc. Compensation Recoupment Policy.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

UnitedHealth Group Incorporated · 2 June 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before UnitedHealth Group Incorporated pays a departing executive?

Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.

AGAINST  T. Rowe Price Large-Cap Growth Fund voted with 942,185 shares

“If properly presented at the 2025 Annual Meeting of Shareholders, the shareholder proposal requesting a shareholder vote regarding excessive golden parachutes.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Equity Funds, Form N-PX filed 2025-08-29 · accession 0001021408-25-004340 · series S000002095 · open the filing

Other funds T. Rowe Price Equity Funds votes

The same filer reports these alongside this one, in the same annual filing.

T. Rowe Price Institutional Small-Cap Stock Fund96.4% for exec pay

Retirement plans that offer it

Franklin Resources 401(k)4 funds we can trace

Vote these ballots yourself

See how you would have voted, then what this fund did — one card at a time. Open the ballot deck →