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        <name>BANK OF AMERICA CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BERKSHIRE HATHAWAY INC-CL B</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BOOKING HOLDINGS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CATERPILLAR INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CENCORA INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CENOVUS ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCHWAB (CHARLES) CORP</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CHEVRON CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHUBB LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CISCO SYSTEMS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
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        <name>CME GROUP INC</name>
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        <name>COLGATE-PALMOLIVE CO</name>
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        <name>CONOCOPHILLIPS</name>
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        <name>CONSTELLATION ENERGY</name>
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        <name>CORTEVA INC</name>
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        <name>CSX CORP</name>
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        <name>CVS HEALTH CORP</name>
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        <name>DOLLAR TREE INC</name>
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        <name>ELEVANCE HEALTH INC</name>
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        <name>EQUITY LIFESTYLE PROPERTIES</name>
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        <name>ESSEX PROPERTY TRUST INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EXXON MOBIL CORP</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GILEAD SCIENCES INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
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      <invstOrSec>
        <name>HOME DEPOT INC</name>
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        <name>HUNTINGTON BANCSHARES INC</name>
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      <invstOrSec>
        <name>INGERSOLL-RAND INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INTEL CORP</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERCONTINENTAL EXCHANGE INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERDIGITAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INTL BUSINESS MACHINES CORP</name>
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        <name>INTERNATIONAL PAPER CO</name>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <name>J.P. MORGAN CHASE &amp; CO.</name>
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        <name>KEYSIGHT TECHNOLOGIES IN</name>
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        <name>KLA CORP</name>
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        <name>LAM RESEARCH CORP</name>
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        <name>LINDE PLC</name>
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        <name>LOWE S COS INC</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOWE'S COS INC</title>
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        <name>MARTIN MARIETTA MATERIALS</name>
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        <title>MARTIN MARIETTA MATERIALS INC</title>
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        <name>MCDONALD S CORP</name>
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        <name>MERCK &amp; CO. INC.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>MERCK &amp; CO INC</title>
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      <invstOrSec>
        <name>META PLATFORMS INC-CLASS A</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MONDELEZ INTERNATIONAL INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NETFLIX INC</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORFOLK SOUTHERN CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NORTHROP GRUMMAN CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OLD DOMINION FREIGHT LINE</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OTIS WORLDWIDE CORP</name>
        <lei>549300ZLBKR8VSU25153</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>PACKAGING CORP OF AMERICA</name>
        <lei>549300XZP8MFZFY8TJ84</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>PARKER HANNIFIN CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PENTAIR PLC</name>
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        <invCountry>IE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>PHILIP MORRIS INTERNATIONAL</name>
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        <name>PROCTER &amp; GAMBLE CO/THE</name>
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        <name>PUBLIC STORAGE</name>
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        <name>REVVITY INC</name>
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        <name>SALESFORCE INC</name>
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        <name>SLB LTD</name>
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        <name>SOUTHERN CO/THE</name>
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        <name>T-MOBILE US INC</name>
        <lei>549300QHIJYOHPACPG31</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T. Rowe Price Government Reserve Fund</name>
        <lei>5493002Y0IYARJVQ5N24</lei>
        <title>T. Rowe Price Government Reserve Fund</title>
        <cusip>76105Y109</cusip>
        <identifiers>
          <isin value="US76105Y1091"/>
        </identifiers>
        <balance>489440207.140000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>489440207.140000</valUSD>
        <pctVal>1.5352390068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TECHNIPFMC PLC</name>
        <lei>549300D5I93QWCJTCK36</lei>
        <title>TECHNIPFMC PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BDSFG982"/>
        </identifiers>
        <balance>5097356.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352380220.280000</valUSD>
        <pctVal>1.1053196110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP</title>
        <cusip>88033G407</cusip>
        <identifiers>
          <isin value="US88033G4073"/>
        </identifiers>
        <balance>2019936.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>381182122.560000</valUSD>
        <pctVal>1.1956632387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS INSTRUMENTS INC</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>TEXAS INSTRUMENTS INC</title>
        <cusip>882508104</cusip>
        <identifiers>
          <isin value="US8825081040"/>
        </identifiers>
        <balance>1529426.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296922763.640000</valUSD>
        <pctVal>0.9313648574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRACTOR SUPPLY COMPANY</name>
        <lei>549300OJ9VZHZRO6I137</lei>
        <title>TRACTOR SUPPLY CO</title>
        <cusip>892356106</cusip>
        <identifiers>
          <isin value="US8923561067"/>
        </identifiers>
        <balance>4504168.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204038810.400000</valUSD>
        <pctVal>0.6400135012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRAVELERS COS INC/THE</name>
        <lei>549300Y650407RU8B149</lei>
        <title>TRAVELERS COS INC/THE</title>
        <cusip>89417E109</cusip>
        <identifiers>
          <isin value="US89417E1091"/>
        </identifiers>
        <balance>538798.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>157156600.640000</valUSD>
        <pctVal>0.4929569332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRS - SECURITY LENDING COLLATERAL</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>TREASURY RESERVE FUND - Collateral</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="76105YYY9"/>
        </identifiers>
        <balance>46402455.500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>46402455.500000</valUSD>
        <pctVal>0.1455517112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="46402455.500000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC</title>
        <cusip>91324P102</cusip>
        <identifiers>
          <isin value="US91324P1021"/>
        </identifiers>
        <balance>1625079.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>439730126.610000</valUSD>
        <pctVal>1.3793121876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALERO ENERGY CORP</name>
        <lei>549300XTO5VR8SKV1V74</lei>
        <title>VALERO ENERGY CORP</title>
        <cusip>91913Y100</cusip>
        <identifiers>
          <isin value="US91913Y1001"/>
        </identifiers>
        <balance>1317698.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>325576821.840000</valUSD>
        <pctVal>1.0212447390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VICI PROPERTIES INC</name>
        <lei>254900RKH6RY9KCJQH63</lei>
        <title>VICI PROPERTIES INC</title>
        <cusip>925652109</cusip>
        <identifiers>
          <isin value="US9256521090"/>
        </identifiers>
        <balance>4565750.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>124736290.000000</valUSD>
        <pctVal>0.3912633559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VISA INC-CLASS A SHARES</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC</title>
        <cusip>92826C839</cusip>
        <identifiers>
          <isin value="US92826C8394"/>
        </identifiers>
        <balance>807944.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>244192994.560000</valUSD>
        <pctVal>0.7659661077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WALT DISNEY CO/THE</name>
        <lei>549300GZKULIZ0WOW665</lei>
        <title>WALT DISNEY CO/THE</title>
        <cusip>254687106</cusip>
        <identifiers>
          <isin value="US2546871060"/>
        </identifiers>
        <balance>3259515.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>314152055.700000</valUSD>
        <pctVal>0.9854083970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WELLTOWER INC</name>
        <lei>254900F33BIAR82QTA19</lei>
        <title>WELLTOWER INC</title>
        <cusip>95040Q104</cusip>
        <identifiers>
          <isin value="US95040Q1040"/>
        </identifiers>
        <balance>1700713.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336247967.230000</valUSD>
        <pctVal>1.0547171804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WABTEC CORP</name>
        <lei>06BTX5UWZD0GQ5N5Y745</lei>
        <title>WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP</title>
        <cusip>929740108</cusip>
        <identifiers>
          <isin value="US9297401088"/>
        </identifiers>
        <balance>2522468.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>630389977.880000</valUSD>
        <pctVal>1.9773595822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WW GRAINGER INC</name>
        <lei>549300TWZSP6O1IH2V34</lei>
        <title>WW GRAINGER INC</title>
        <cusip>384802104</cusip>
        <identifiers>
          <isin value="US3848021040"/>
        </identifiers>
        <balance>135550.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147859295.500000</valUSD>
        <pctVal>0.4637938499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XCEL ENERGY INC</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>XCEL ENERGY INC</title>
        <cusip>98389B100</cusip>
        <identifiers>
          <isin value="US98389B1008"/>
        </identifiers>
        <balance>427865.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33989595.600000</valUSD>
        <pctVal>0.1066159916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-05</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE VALUE FUND, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
