PZHEX — T. Rowe Price Hedged Equity Fund
Data updated: 2026-08-27
PZHEX — T. Rowe Price Hedged Equity Fund. United States Large Cap Blend / Core Equity · $4.08B AUM. Holdings, fees, performance and SEC filings.
PZHEX Fund Overview
PZHEX — T. Rowe Price Hedged Equity Fund is a US mutual fund managed by T. Rowe Price Equity Funds, Inc., categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price Equity Funds, Inc.
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $4.08B
- 1-year return: 14.8%
- Ticker: PZHEX
- SEC CIK: 0001012968
- SEC series ID: S000080479
- Share class ID: C000242903
PZHEX Holdings
Top 10 holdings of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 6.33% |
| T. Rowe Price Government Reserve Fund | 5.59% |
| Apple, Inc. | 5.51% |
| Microsoft Corp. | 3.78% |
| Amazon.com, Inc. | 3.06% |
| Alphabet, Inc. Cl C | 2.90% |
| Broadcom, Inc. | 2.29% |
| Alphabet, Inc. Cl A | 2.16% |
| Micron Technology, Inc. | 1.72% |
| Meta Platforms, Inc.-Class A | 1.71% |
PZHEX Portfolio Allocation
Asset-class allocation of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 92.9% |
| Cash & Equivalents | 5.6% |
| Fixed Income | 1.4% |
| Derivatives | 0.1% |
| Real Estate | 0.1% |
PZHEX Performance
Total returns for PZHEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.0% |
| 1 year | 14.8% |
| 3 years (annualised) | 15.7% |
PZHEX Risk Information
Risk metrics for PZHEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.8%
PZHEX Costs and Fees
PZHEX costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.46%
- Portfolio turnover: 55%
- Brokerage commissions: 1.95 bps of average net assets (SEC N-CEN)
PZHEX Cashflows
Over the 12 months to 2026-06, T. Rowe Price Hedged Equity Fund had net outflows of $33.25M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$37.64M |
| 2026-05 | −$41.22M |
| 2026-04 | −$45.95M |
| 2026-03 | $103.09M |
| 2026-02 | −$13.98M |
| 2026-01 | −$18.95M |
PZHEX Debt Constituents
Largest debt holdings of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 0.78% |
| Treasury Bill | 0.36% |
| U S Treasury Bill | 0.11% |
| U S Treasury Bill | 0.08% |
| Treasury Bill | 0.02% |
| U S Treasury Bill | 0.01% |
PZHEX Prospectus and SEC Filings
Official T. Rowe Price Hedged Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-25
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.