<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/ncen" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0404</schemaVersion>
  <headerData>
    <submissionType>N-CEN/A</submissionType>
    <accessionNumber>0001752724-21-048800</accessionNumber>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001012968</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
        <fileNumber>811-07639</fileNumber>
      </filer>
      <flags>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <investmentCompanyType>N-1A</investmentCompanyType>
    </filerInfo>
    <seriesClass>
      <reportSeriesClass>
        <rptIncludeAllSeriesFlag>true</rptIncludeAllSeriesFlag>
      </reportSeriesClass>
    </seriesClass>
  </headerData>
  <formData>
    <generalInfo reportEndingPeriod="2020-12-31" isReportPeriodLt12="N"/>
    <registrantInfo>
      <registrantFullName>T. Rowe Price Equity Funds, Inc.</registrantFullName>
      <investmentCompFileNo>811-07639</investmentCompFileNo>
      <registrantCik>0001012968</registrantCik>
      <registrantLei>5493001JE5UESPEILY31</registrantLei>
      <registrantstreet1>100 East Pratt Street</registrantstreet1>
      <registrantcity>Baltimore</registrantcity>
      <registrantzipCode>21202</registrantzipCode>
      <registrantstate>US-MD</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>410-345-2000</registrantphoneNumber>
      <websites>
        <website webpage="www.troweprice.com"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>T. Rowe Price Equity Funds, Inc.</officeName>
          <officeAddress1>100 East Pratt Street</officeAddress1>
          <officeCity>Baltimore</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MD"/>
          <officeRecordsZipCode>21202</officeRecordsZipCode>
          <officePhone>410-345-2000</officePhone>
          <booksRecordsDesc>All accounts, books, and other documents required to be maintained by the Registrant under Section 31(a) of the Investment Company Act of 1940 and the rules thereunder</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>State Street Corporation</officeName>
          <officeAddress1>1776 Heritage Drive</officeAddress1>
          <officeCity>Quincy</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MA"/>
          <officeRecordsZipCode>02171</officeRecordsZipCode>
          <officePhone>617-786-3000</officePhone>
          <booksRecordsDesc>Custodian records for the Registrant.</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>JPMorgan Chase Bank, London</officeName>
          <officeAddress1>Woolgate House, Coleman Street</officeAddress1>
          <officeCity>London</officeCity>
          <officeCountry>GB</officeCountry>
          <officeRecordsZipCode>EC2P 2HD</officeRecordsZipCode>
          <officePhone>0 44 20 7742 4000</officePhone>
          <booksRecordsDesc>Records related to the custody of Registrant's portfolio securities which are purchased outside the United States.</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>The Bank of New York Mellon</officeName>
          <officeAddress1>103 Bellevue Parkway</officeAddress1>
          <officeCity>Wilmington</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-DE"/>
          <officeRecordsZipCode>19809</officeRecordsZipCode>
          <officePhone>800-441-9800</officePhone>
          <booksRecordsDesc>Fund accounting records</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>T. Rowe Price Services, Inc.</officeName>
          <officeAddress1>4525 Painters Mill Road</officeAddress1>
          <officeCity>Owings Mills</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MD"/>
          <officeRecordsZipCode>21117</officeRecordsZipCode>
          <officePhone>410-345-2000</officePhone>
          <booksRecordsDesc>Transfer, dividend disbursing, and shareholder service records</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
      <registrantFamilyInvComp isRegistrantFamilyInvComp="Y" familyInvCompFullName="TROWEPRICE"/>
      <registrantClassificationType>N-1A</registrantClassificationType>
      <totalSeries>5</totalSeries>
      <isSecuritiesActRegistration>Y</isSecuritiesActRegistration>
      <directors>
        <director>
          <directorName>Bruce W. Duncan</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-07381"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Teresa Bryce Bazemore</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-08279"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>John G. Schreiber</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-03055"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Robert W. Sharps</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-07095"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Paul F. McBride</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-07055"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Robert J. Gerrard, Jr.</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-07145"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Ronald J. Daniels</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-02684"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Cecilia E. Rouse</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-07353"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-05833"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>David Oestreicher</directorName>
          <crdNumber>004594569</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04163"/>
            <fileNumberInfo fileNumber="811-07225"/>
            <fileNumberInfo fileNumber="811-03566"/>
            <fileNumberInfo fileNumber="811-07145"/>
            <fileNumberInfo fileNumber="811-02603"/>
            <fileNumberInfo fileNumber="811-04358"/>
            <fileNumberInfo fileNumber="811-08371"/>
            <fileNumberInfo fileNumber="811-04521"/>
            <fileNumberInfo fileNumber="811-04400"/>
            <fileNumberInfo fileNumber="811-07095"/>
            <fileNumberInfo fileNumber="811-08279"/>
            <fileNumberInfo fileNumber="811-07075"/>
            <fileNumberInfo fileNumber="811-23212"/>
            <fileNumberInfo fileNumber="811-05986"/>
            <fileNumberInfo fileNumber="811-07055"/>
            <fileNumberInfo fileNumber="811-02396"/>
            <fileNumberInfo fileNumber="811-10063"/>
            <fileNumberInfo fileNumber="811-08207"/>
            <fileNumberInfo fileNumber="811-02684"/>
            <fileNumberInfo fileNumber="811-07143"/>
            <fileNumberInfo fileNumber="811-07749"/>
            <fileNumberInfo fileNumber="811-22939"/>
            <fileNumberInfo fileNumber="811-00579"/>
            <fileNumberInfo fileNumber="811-21149"/>
            <fileNumberInfo fileNumber="811-08203"/>
            <fileNumberInfo fileNumber="811-23261"/>
            <fileNumberInfo fileNumber="811-23180"/>
            <fileNumberInfo fileNumber="811-22620"/>
            <fileNumberInfo fileNumber="811-21454"/>
            <fileNumberInfo fileNumber="811-10093"/>
            <fileNumberInfo fileNumber="811-06665"/>
            <fileNumberInfo fileNumber="811-07209"/>
            <fileNumberInfo fileNumber="811-23494"/>
            <fileNumberInfo fileNumber="811-04998"/>
            <fileNumberInfo fileNumber="811-22410"/>
            <fileNumberInfo fileNumber="811-07093"/>
            <fileNumberInfo fileNumber="811-07153"/>
            <fileNumberInfo fileNumber="811-07381"/>
            <fileNumberInfo fileNumber="811-07059"/>
            <fileNumberInfo fileNumber="811-07605"/>
            <fileNumberInfo fileNumber="811-03872"/>
            <fileNumberInfo fileNumber="811-21919"/>
            <fileNumberInfo fileNumber="811-04119"/>
            <fileNumberInfo fileNumber="811-01710"/>
            <fileNumberInfo fileNumber="811-05299"/>
            <fileNumberInfo fileNumber="811-02215"/>
            <fileNumberInfo fileNumber="811-22968"/>
            <fileNumberInfo fileNumber="811-21055"/>
            <fileNumberInfo fileNumber="811-05833"/>
            <fileNumberInfo fileNumber="811-04441"/>
            <fileNumberInfo fileNumber="811-22218"/>
            <fileNumberInfo fileNumber="811-07173"/>
            <fileNumberInfo fileNumber="811-03894"/>
            <fileNumberInfo fileNumber="811-21185"/>
            <fileNumberInfo fileNumber="811-00696"/>
            <fileNumberInfo fileNumber="811-04519"/>
            <fileNumberInfo fileNumber="811-00958"/>
            <fileNumberInfo fileNumber="811-22557"/>
            <fileNumberInfo fileNumber="811-22810"/>
            <fileNumberInfo fileNumber="811-03055"/>
            <fileNumberInfo fileNumber="811-22243"/>
            <fileNumberInfo fileNumber="811-02958"/>
            <fileNumberInfo fileNumber="811-22293"/>
            <fileNumberInfo fileNumber="811-09995"/>
            <fileNumberInfo fileNumber="811-06275"/>
            <fileNumberInfo fileNumber="811-05860"/>
            <fileNumberInfo fileNumber="811-07353"/>
          </fileNumbers>
        </director>
      </directors>
      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>John R. Gilner</ccoName>
          <crdNumber>001909214</crdNumber>
          <ccoStreet1>100 East Pratt Street</ccoStreet1>
          <ccoCity>Baltimore</ccoCity>
          <ccoStateCountry ccoCountry="US" ccoState="US-MD"/>
          <ccoZipCode>21202</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
          <ccoEmployers>
            <ccoEmployer ccoEmployerName="N/A" ccoEmployerId="N/A"/>
          </ccoEmployers>
        </chiefComplianceOfficer>
      </chiefComplianceOfficers>
      <isRegistrantSubmittedMatter>N</isRegistrantSubmittedMatter>
      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <releaseNumbers isExemptionFromAct="Y">
        <releaseNumberInfo releaseNumber="IC-24159"/>
        <releaseNumberInfo releaseNumber="IC-22770"/>
      </releaseNumbers>
      <principalUnderwriters>
        <principalUnderwriter>
          <principalUnderwriterName>T. Rowe Price Investment Services, Inc.</principalUnderwriterName>
          <principalUnderwriterFileNumber>008-25130</principalUnderwriterFileNumber>
          <principalUnderwriterCrdNumber>000008348</principalUnderwriterCrdNumber>
          <principalUnderwriterLei>N/A</principalUnderwriterLei>
          <principalUnderWriterStateCountry principalUnderWriterCountry="US" principalUnderWriterState="US-MD"/>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>Y</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
      <publicAccountants>
        <publicAccountant>
          <publicAccountantName>PricewaterhouseCoopers LLP</publicAccountantName>
          <pcaobNumber>238</pcaobNumber>
          <publicAccountantLei>N/A</publicAccountantLei>
          <publicAccountantStateCountry publicAccountantCountry="US" publicAccountantState="US-MD"/>
        </publicAccountant>
      </publicAccountants>
      <isPublicAccountantChanged>N</isPublicAccountantChanged>
      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <isPaymentErrorInNetAssetValue>N</isPaymentErrorInNetAssetValue>
      <isPaymentDividend>N</isPaymentDividend>
    </registrantInfo>
    <managementInvestmentQuestionSeriesInfo>
      <managementInvestmentQuestion>
        <mgmtInvFundName>T. Rowe Price Institutional Mid-Cap Equity Growth Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000002092</mgmtInvSeriesId>
        <mgmtInvLei>ED0OOQ7M3DHZLXFU4R79</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="T. Rowe Price Institutional Mid-Cap Equity Growth Fund" sharesOutstandingClassId="C000005460" sharesOutstandingTickerSymbol="PMEGX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>JPMorgan Chase Bank</securitiesAgentName>
            <securitiesAgentLei>7H6GLXDRUGQFU57RNE97</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
          <securityLending>
            <securitiesAgentName>State Street Bank and Trust Company</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>T. Rowe Price Associates, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-00856</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105496</investmentAdviserCrdNo>
            <investmentAdviserLei>7HTL8AEQSEDX602FBU63</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MD" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>T. Rowe Price Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01079</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>T. Rowe Price Retirement Plan Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01917</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Markit North America, Inc.</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>JPMorgan Chase Bank, London</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A.</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Sydney Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Sweden Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan Bank Luxembourg S.A.</custodianName>
            <custodianLei>7W1GMC6J4KGLBBUSYP52</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - New Zealand Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Finland Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR BANK SA/NV</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Hong Kong Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Norway Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FirstRand Bank Limited</custodianName>
            <custodianLei>ZAYQDKTCATIXF9OQY690</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services S.C.A. - Milan Branch</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Mizuho Bank, Ltd.</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Retirement Plan Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>T. Rowe Price Associates, Inc.</adminName>
            <adminLei>7HTL8AEQSEDX602FBU63</adminLei>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>T. Rowe Price Investment Services, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-25130</brokerDealerFileNo>
            <brokerDealerCrdNo>000008348</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-MD" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Cowen and Company, LLC</brokerName>
            <brokerFileNo>008-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>79985.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Raymond James Financial, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>RGUZHJ05YTITL6D76949</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>63360.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Robert W. Baird &amp; Co. Incorporated</brokerName>
            <brokerFileNo>008-00497</brokerFileNo>
            <brokerCrdNo>000008158</brokerCrdNo>
            <brokerLei>549300772UJAHRD6LO53</brokerLei>
            <brokerStateCountry brokerState="US-WI" brokerCountry="US"/>
            <grossCommission>53096.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>6SHGI4ZSSLCXXQSBB395</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>129491.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>The Goldman Sachs Group, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>784F5XWPLTWKTBV3E584</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>125984.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JP MORGAN CHASE &amp; CO.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>73646.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>STIFEL FINANCIAL CORP.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300E5F07FE5GHJX84</brokerLei>
            <brokerStateCountry brokerState="US-MO" brokerCountry="US"/>
            <grossCommission>55064.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Group AG</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300SZJ9VS8SGXAN81</brokerLei>
            <brokerCountry>CH</brokerCountry>
            <grossCommission>54542.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO., LLC</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>53513.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>IGJSJL3JD5P30I6NJZ34</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>230148.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>1430279.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>BARCLAYS PLC</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800LBQA1Y9L22JB70</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>19980890.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>6SHGI4ZSSLCXXQSBB395</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>20718861.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300SZJ9VS8SGXAN81</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>7506265.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP MORGAN CHASE &amp; CO.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>31074898.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>The Goldman Sachs Group, Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>784F5XWPLTWKTBV3E584</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>46879027.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300506SI9CRFV9Z86</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>11516451.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jefferies Financial Group Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300HOF34RGOJ5YL07</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5421953.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>IGJSJL3JD5P30I6NJZ34</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>13015123.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Royal Bank of Canada</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>ES7IP3U3RHIGC71XBU11</principalLei>
            <principalCountry>CA</principalCountry>
            <principalTotalPurchaseSale>3987700.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>9DJT3UXIJIZJI4WXO774</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>18599595.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>210618557.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>7283616572.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <hasLineOfCredit>N</hasLineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>T. Rowe Price Institutional Small-Cap Stock Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000002094</mgmtInvSeriesId>
        <mgmtInvLei>KY0FFZWZRSSVHYBJEG34</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="T. Rowe Price Institutional Small-Cap Stock Fund" sharesOutstandingClassId="C000005462" sharesOutstandingTickerSymbol="TRSSX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>State Street Bank and Trust Company</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>T. Rowe Price Associates, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-00856</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105496</investmentAdviserCrdNo>
            <investmentAdviserLei>7HTL8AEQSEDX602FBU63</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MD" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>T. Rowe Price Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01079</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>T. Rowe Price Retirement Plan Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01917</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Markit North America, Inc.</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Sydney Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - New Zealand Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FirstRand Bank Limited</custodianName>
            <custodianLei>ZAYQDKTCATIXF9OQY690</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Finland Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Sweden Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited - Manila Branch</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services S.C.A. - Milan Branch</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, London</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Norway Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Mizuho Bank, Ltd.</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan Bank Luxembourg S.A.</custodianName>
            <custodianLei>7W1GMC6J4KGLBBUSYP52</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Hong Kong Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A.</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR BANK SA/NV</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Islandsbanki hf</custodianName>
            <custodianLei>549300PZMFIQR79Q0T97</custodianLei>
            <custodianCountry>IS</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Retirement Plan Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>T. Rowe Price Associates, Inc.</adminName>
            <adminLei>7HTL8AEQSEDX602FBU63</adminLei>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>T. Rowe Price Investment Services, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-25130</brokerDealerFileNo>
            <brokerDealerCrdNo>000008348</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-MD" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>JP MORGAN CHASE &amp; CO.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>53769.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>6SHGI4ZSSLCXXQSBB395</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>83624.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cowen and Company, LLC</brokerName>
            <brokerFileNo>008-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>69354.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>IGJSJL3JD5P30I6NJZ34</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>120459.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Raymond James Financial, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>RGUZHJ05YTITL6D76949</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>61940.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies Financial Group Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300HOF34RGOJ5YL07</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>54810.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>STIFEL FINANCIAL CORP.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300E5F07FE5GHJX84</brokerLei>
            <brokerStateCountry brokerState="US-MO" brokerCountry="US"/>
            <grossCommission>53262.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Keefe, Bruyette &amp; Woods, Inc.</brokerName>
            <brokerFileNo>008-10888</brokerFileNo>
            <brokerCrdNo>000000481</brokerCrdNo>
            <brokerLei>549300OM47DQV01G4854</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>59312.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Robert W. Baird &amp; Co. Incorporated</brokerName>
            <brokerFileNo>008-00497</brokerFileNo>
            <brokerCrdNo>000008158</brokerCrdNo>
            <brokerLei>549300772UJAHRD6LO53</brokerLei>
            <brokerStateCountry brokerState="US-WI" brokerCountry="US"/>
            <grossCommission>58231.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Royal Bank of Canada</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>ES7IP3U3RHIGC71XBU11</brokerLei>
            <brokerCountry>CA</brokerCountry>
            <grossCommission>52240.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>1308845.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Citigroup Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>6SHGI4ZSSLCXXQSBB395</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8671966.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>IGJSJL3JD5P30I6NJZ34</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>26665883.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>The Goldman Sachs Group, Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>784F5XWPLTWKTBV3E584</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>29728125.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jefferies Financial Group Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300HOF34RGOJ5YL07</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8037139.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP MORGAN CHASE &amp; CO.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>25278136.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300506SI9CRFV9Z86</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>5645542.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>SVB Leerink LLC</principalName>
            <principalFileNo>008-48535</principalFileNo>
            <principalCrdNo>000039011</principalCrdNo>
            <principalLei>549300AAH7U76CEUBI94</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>4598401.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>9DJT3UXIJIZJI4WXO774</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>16015971.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>EVERCORE GROUP L.L.C.</principalName>
            <principalFileNo>008-49830</principalFileNo>
            <principalCrdNo>000042405</principalCrdNo>
            <principalLei>5493008F0LRLS5N8LZ81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>4992977.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS PLC</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800LBQA1Y9L22JB70</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>6269206.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>172528209.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>5069253090.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <hasLineOfCredit>N</hasLineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>T. Rowe Price Large-Cap Growth Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000002095</mgmtInvSeriesId>
        <mgmtInvLei>8WF25TX7V2WE4P2QFC87</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>1</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Investor Class" sharesOutstandingClassId="C000219140" sharesOutstandingTickerSymbol="TRGOX"/>
          <sharesOutstanding sharesOutstandingClassName="Class I" sharesOutstandingClassId="C000005463" sharesOutstandingTickerSymbol="TRLGX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>Y</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>State Street Bank and Trust Company</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>T. Rowe Price Associates, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-00856</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105496</investmentAdviserCrdNo>
            <investmentAdviserLei>7HTL8AEQSEDX602FBU63</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MD" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>T. Rowe Price Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01079</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>T. Rowe Price Retirement Plan Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01917</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Services</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Markit North America, Inc.</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan Bank Luxembourg S.A.</custodianName>
            <custodianLei>7W1GMC6J4KGLBBUSYP52</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank Korea Limited</custodianName>
            <custodianLei>NUXTG47HHHM1K2L0SG39</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Norway Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Finland Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Sydney Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Sweden Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, London</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - New Zealand Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Nacional de Mexico, S.A. (Banamex)</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>DBS Bank Ltd.</custodianName>
            <custodianLei>ATUEL7OJR5057F2PV266</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Hong Kong Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Mizuho Bank, Ltd.</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan S.A. - Distribuidora de Titulos e Valores Mobiliarios</custodianName>
            <custodianLei>5493001LS7J56NZZ3G07</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited - Manila Branch</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A.</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services S.C.A. - Milan Branch</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR BANK SA/NV</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Retirement Plan Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>T. Rowe Price Associates, Inc.</adminName>
            <adminLei>7HTL8AEQSEDX602FBU63</adminLei>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>T. Rowe Price Investment Services, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-25130</brokerDealerFileNo>
            <brokerDealerCrdNo>000008348</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-MD" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>JP MORGAN CHASE &amp; CO.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>130619.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cowen and Company, LLC</brokerName>
            <brokerFileNo>008-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>131997.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies Financial Group Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300HOF34RGOJ5YL07</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>69966.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>EVERCORE GROUP L.L.C.</brokerName>
            <brokerFileNo>008-49830</brokerFileNo>
            <brokerCrdNo>000042405</brokerCrdNo>
            <brokerLei>5493008F0LRLS5N8LZ81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>70832.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Royal Bank of Canada</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>ES7IP3U3RHIGC71XBU11</brokerLei>
            <brokerCountry>CA</brokerCountry>
            <grossCommission>129392.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>IGJSJL3JD5P30I6NJZ34</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>117472.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America Corporation</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>9DJT3UXIJIZJI4WXO774</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>92053.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Group AG</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300506SI9CRFV9Z86</brokerLei>
            <brokerCountry>CH</brokerCountry>
            <grossCommission>51272.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>PIPER SANDLER FINANCIAL PRODUCTS INC.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300SLP6YE62JD6S64</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>62298.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO., LLC</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>42301.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>1251154.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>The Goldman Sachs Group, Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>784F5XWPLTWKTBV3E584</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>77021163.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP MORGAN CHASE &amp; CO.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>40937512.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Itau Unibanco S.A.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>BZO2P8KHO2O10H5QQ663</principalLei>
            <principalCountry>BR</principalCountry>
            <principalTotalPurchaseSale>4599290.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>6SHGI4ZSSLCXXQSBB395</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>7299561.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Macquarie Group Limited</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>ACMHD8HWFMFUIQQ8Y590</principalLei>
            <principalCountry>AU</principalCountry>
            <principalTotalPurchaseSale>21707116.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>IGJSJL3JD5P30I6NJZ34</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>22642452.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>XP INVESTMENTS US, LLC</principalName>
            <principalFileNo>008-68817</principalFileNo>
            <principalCrdNo>000156691</principalCrdNo>
            <principalLei>549300HDFLS7P433PO89</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>7736873.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300SZJ9VS8SGXAN81</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>3248381.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS PLC</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800LBQA1Y9L22JB70</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>22998015.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300506SI9CRFV9Z86</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>13072361.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>232484305.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>17932445578.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <hasLineOfCredit>N</hasLineOfCredit>
        <interfundLendingDetails isInterfundLending="Y">
          <interfundLending interfundLendingLoanAverage="6000000.00000000" interfundLendingDaysOutstanding="2"/>
        </interfundLendingDetails>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>T. Rowe Price Institutional Large-Cap Core Growth Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000002096</mgmtInvSeriesId>
        <mgmtInvLei>253U7GAB7O7HB4VHJD29</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>1</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="T. Rowe Price Institutional Large-Cap Core Growth Fund" sharesOutstandingClassId="C000005464" sharesOutstandingTickerSymbol="TPLGX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>State Street Bank and Trust Company</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="T. Rowe Price Associates, Inc." collateralManagerLei="7HTL8AEQSEDX602FBU63" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="Y"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Other</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
          <otherFeeDesc>Rebate</otherFeeDesc>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>5092518.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>87054.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>T. Rowe Price Associates, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-00856</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105496</investmentAdviserCrdNo>
            <investmentAdviserLei>7HTL8AEQSEDX602FBU63</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MD" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>T. Rowe Price Retirement Plan Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01917</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>T. Rowe Price Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01079</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Markit North America, Inc.</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Nordea Bank Abp - Norway Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, London</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Sweden Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Denmark Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited - Manila Branch</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Mizuho Bank, Ltd.</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Finland Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan Bank Luxembourg S.A.</custodianName>
            <custodianLei>7W1GMC6J4KGLBBUSYP52</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Sydney Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank Korea Limited</custodianName>
            <custodianLei>NUXTG47HHHM1K2L0SG39</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services S.C.A. - Milan Branch</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR BANK SA/NV</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DBS Bank Ltd.</custodianName>
            <custodianLei>ATUEL7OJR5057F2PV266</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A.</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan S.A. - Distribuidora de Titulos e Valores Mobiliarios</custodianName>
            <custodianLei>5493001LS7J56NZZ3G07</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Hong Kong Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Nacional De Mexico S.A.</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - New Zealand Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Retirement Plan Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>T. Rowe Price Associates, Inc.</adminName>
            <adminLei>7HTL8AEQSEDX602FBU63</adminLei>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>T. Rowe Price Investment Services, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-25130</brokerDealerFileNo>
            <brokerDealerCrdNo>000008348</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-MD" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>JP MORGAN CHASE &amp; CO.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>49289.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Royal Bank of Canada</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>ES7IP3U3RHIGC71XBU11</brokerLei>
            <brokerCountry>CA</brokerCountry>
            <grossCommission>18043.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>EVERCORE GROUP L.L.C.</brokerName>
            <brokerFileNo>008-49830</brokerFileNo>
            <brokerCrdNo>000042405</brokerCrdNo>
            <brokerLei>5493008F0LRLS5N8LZ81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>15473.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>The Goldman Sachs Group, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>784F5XWPLTWKTBV3E584</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>48100.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>IGJSJL3JD5P30I6NJZ34</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>59641.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Robert W. Baird &amp; Co. Incorporated</brokerName>
            <brokerFileNo>008-00497</brokerFileNo>
            <brokerCrdNo>000008158</brokerCrdNo>
            <brokerLei>549300772UJAHRD6LO53</brokerLei>
            <brokerStateCountry brokerState="US-WI" brokerCountry="US"/>
            <grossCommission>27121.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America Corporation</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>9DJT3UXIJIZJI4WXO774</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>37551.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>WELLS FARGO &amp; COMPANY</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>PBLD0EJDB5FWOLXP3B76</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>21626.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Group AG</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300SZJ9VS8SGXAN81</brokerLei>
            <brokerCountry>CH</brokerCountry>
            <grossCommission>24276.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>6SHGI4ZSSLCXXQSBB395</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>23625.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>475286.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>BARCLAYS PLC</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800LBQA1Y9L22JB70</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>872149.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP MORGAN CHASE &amp; CO.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5195966.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>EVERCORE GROUP L.L.C.</principalName>
            <principalFileNo>008-49830</principalFileNo>
            <principalCrdNo>000042405</principalCrdNo>
            <principalLei>5493008F0LRLS5N8LZ81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>462195.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>IGJSJL3JD5P30I6NJZ34</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1687537.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Group AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300506SI9CRFV9Z86</principalLei>
            <principalCountry>CH</principalCountry>
            <principalTotalPurchaseSale>550569.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>The Goldman Sachs Group, Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>784F5XWPLTWKTBV3E584</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>9538199.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>6SHGI4ZSSLCXXQSBB395</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1471290.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>KKR CAPITAL MARKETS LIMITED</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800U4XPKX88KLZ921</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>550229.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Aktiengesellschaft</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>7LTWFZYICNSX8D621K86</principalLei>
            <principalCountry>DE</principalCountry>
            <principalTotalPurchaseSale>417088.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>9DJT3UXIJIZJI4WXO774</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>2524027.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>26240214.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>4927346201.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <hasLineOfCredit>N</hasLineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>T. Rowe Price Large-Cap Value Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000002093</mgmtInvSeriesId>
        <mgmtInvLei>O2YIWB7TIMOZV5ZF4D22</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
        <numAddedClass>1</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class I" sharesOutstandingClassId="C000005461" sharesOutstandingTickerSymbol="TILCX"/>
          <sharesOutstanding sharesOutstandingClassName="Investor Class" sharesOutstandingClassId="C000219139" sharesOutstandingTickerSymbol="TRLUX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>State Street Bank and Trust Company</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>28235838.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>119622.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>T. Rowe Price Associates, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-00856</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000105496</investmentAdviserCrdNo>
            <investmentAdviserLei>7HTL8AEQSEDX602FBU63</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MD" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>T. Rowe Price Retirement Plan Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01917</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>Y</isTransferAgentSubAgent>
          </transferAgent>
          <transferAgent>
            <transferAgentName>T. Rowe Price Services, Inc.</transferAgentName>
            <transferAgentFileNo>084-01079</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>Y</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Markit North America, Inc.</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services</pricingServiceName>
            <pricingServiceLei>N/A</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Hong Kong Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A.</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Norway Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - New Zealand Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Securities Services S.C.A. - Milan Branch</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FirstRand Bank Limited</custodianName>
            <custodianLei>ZAYQDKTCATIXF9OQY690</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR BANK SA/NV</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Mizuho Bank, Ltd.</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, London</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Sweden Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited - Manila Branch</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>JPMorgan Chase Bank, N.A. - Sydney Branch</custodianName>
            <custodianLei>7H6GLXDRUGQFU57RNE97</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Nordea Bank Abp - Finland Branch</custodianName>
            <custodianLei>529900ODI3047E2LIV03</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>J.P. Morgan Bank Luxembourg S.A.</custodianName>
            <custodianLei>7W1GMC6J4KGLBBUSYP52</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>T. Rowe Price Retirement Plan Services, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>N/A</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>Y</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>Y</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>T. Rowe Price Associates, Inc.</adminName>
            <adminLei>7HTL8AEQSEDX602FBU63</adminLei>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>T. Rowe Price Investment Services, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-25130</brokerDealerFileNo>
            <brokerDealerCrdNo>000008348</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-MD" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>JP MORGAN CHASE &amp; CO.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>8I5DZWZKVSZI1NUHU748</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>117845.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Royal Bank of Canada</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>ES7IP3U3RHIGC71XBU11</brokerLei>
            <brokerCountry>CA</brokerCountry>
            <grossCommission>30437.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BMO Capital Markets Corp.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>NQQ6HPCNCCU6TUTQYE16</brokerLei>
            <brokerCountry>CA</brokerCountry>
            <grossCommission>41060.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America Corporation</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>9DJT3UXIJIZJI4WXO774</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>56257.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Group AG</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>549300SZJ9VS8SGXAN81</brokerLei>
            <brokerCountry>CH</brokerCountry>
            <grossCommission>29300.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>The Goldman Sachs Group, Inc.</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>784F5XWPLTWKTBV3E584</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>51114.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>EVERCORE GROUP L.L.C.</brokerName>
            <brokerFileNo>008-49830</brokerFileNo>
            <brokerCrdNo>000042405</brokerCrdNo>
            <brokerLei>5493008F0LRLS5N8LZ81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>32197.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>IGJSJL3JD5P30I6NJZ34</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>52933.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cowen and Company, LLC</brokerName>
            <brokerFileNo>008-22522</brokerFileNo>
            <brokerCrdNo>000007616</brokerCrdNo>
            <brokerLei>549300WR155U7DVMIW58</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>24876.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO., LLC</brokerName>
            <brokerFileNo>N/A</brokerFileNo>
            <brokerCrdNo>N/A</brokerCrdNo>
            <brokerLei>N/A</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>39100.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>688924.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Morgan Stanley</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>IGJSJL3JD5P30I6NJZ34</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>692881.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>6SHGI4ZSSLCXXQSBB395</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3146229.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BARCLAYS PLC</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>213800LBQA1Y9L22JB70</principalLei>
            <principalCountry>GB</principalCountry>
            <principalTotalPurchaseSale>2868920.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>9DJT3UXIJIZJI4WXO774</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>4194217.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP MORGAN CHASE &amp; CO.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>8I5DZWZKVSZI1NUHU748</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3582312.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo &amp; Company</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>PBLD0EJDB5FWOLXP3B76</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>522991.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>The Goldman Sachs Group, Inc.</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>784F5XWPLTWKTBV3E584</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3758249.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MITSUBISHI UFJ SECURITIES</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>353800V2V8PUY9TK3E06</principalLei>
            <principalCountry>JP</principalCountry>
            <principalTotalPurchaseSale>403290.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>The Bank of Nova Scotia</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>L3I9ZG2KFGXZ61BMYR72</principalLei>
            <principalCountry>CA</principalCountry>
            <principalTotalPurchaseSale>287334.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP PARIBAS</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>R0MUWSFPU8MPRO8K5P83</principalLei>
            <principalCountry>FR</principalCountry>
            <principalTotalPurchaseSale>879572.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>21236982.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>3022919098.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <hasLineOfCredit>N</hasLineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <attachmentsTab>
      <isLegalProceedings>false</isLegalProceedings>
      <isProvisionFinancialSupport>false</isProvisionFinancialSupport>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
      <isChangeAccPrinciples>false</isChangeAccPrinciples>
      <isInfoRequiredEO>false</isInfoRequiredEO>
      <isOtherInfoRequired>false</isOtherInfoRequired>
    </attachmentsTab>
    <signature registrantSignedName="T. Rowe Price Equity Funds, Inc." signedDate="2022-01-20" signature="Alan Dupski" title="Treasurer"/>
  </formData>
</edgarSubmission>
