NPORT-P
    false
    
      
      
        
          0000080257
          XXXXXXXX
        
      
      
      
      
        S000002087
        C000005455
        C000219315
        C000005454
        C000005453
        C000159680
      
      
    
  
  
    
      T. ROWE PRICE GROWTH STOCK FUND, INC.
      811-00579
      0000080257
      549300T93P415WTRW320
      100 East Pratt Street
      Baltimore
      
      21202
      410-345-2000
      T. Rowe Price Growth Stock Fund, Inc.
      S000002087
      549300OJ8IWU7COPZY12
      2022-12-31
      2022-03-31
      N
    
    
      61553744469.10
      33823191.32
      61519921277.78
      160414462.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      305.65000000
      N
      
        
          
          
          
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        CELONIS SE PP
        N/A
        CELONIS SE PP
        000000000
        
          
        
        81931.00000000
        NS
        USD
        30297264.49000000
        0.049247892163
        Long
        EC
        CORP
        US
        
        Y
        
        3
        
          N
          N
          N
        
      
      
        INTUITIVE SURGICAL INC
        54930052SRG011710797
        INTUITIVE SURGICAL INC
        46120E602
        
          
          
        
        2941874.00000000
        NS
        USD
        887504548.32000000
        1.442629525341
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ROBLOX Corp
        N/A
        ROBLOX Corp
        771049103
        
          
          
        
        4619739.00000000
        NS
        USD
        213616731.36000000
        0.347231802192
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ASML Holding NV
        724500Y6DUVHQD6OXN27
        ASML Holding NV
        000000000
        
          
          
          
        
        1490433.00000000
        NS
        USD
        995504913.69000000
        1.618183009687
        Long
        EC
        CORP
        NL
        N
        
        1
        
          N
          N
          N
        
      
      
        FORMAGRID INC SER F CVT PFD STOCK PP
        N/A
        FORMAGRID INC SER F CVT PFD STOCK PP
        000000000
        
          
        
        415548.00000000
        NS
        USD
        77825699.41000000
        0.126504874833
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Datadog Inc
        549300F6JNO0KRPO1K63
        Datadog Inc
        23804L103
        
          
          
        
        1985155.00000000
        NS
        USD
        300691427.85000000
        0.488770826757
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Airbnb Inc
        549300HMUDNO0RY56D37
        Airbnb Inc
        009066101
        
          
          
        
        1631968.00000000
        NS
        USD
        280306823.68000000
        0.455635862104
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UNITEDHEALTH GROUP INC
        549300GHBMY8T5GXDE41
        UNITEDHEALTH GROUP INC
        91324P102
        
          
          
        
        1158125.00000000
        NS
        USD
        590609006.25000000
        0.960028871921
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lululemon Athletica Inc
        549300D9GZ4BMLDW5T40
        Lululemon Athletica Inc
        550021109
        
          
          
        
        1631445.00000000
        NS
        USD
        595852657.35000000
        0.968552372912
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Eli Lilly & Co
        FRDRIPF3EKNDJ2CQJL29
        Eli Lilly & Co
        532457108
        
          
          
        
        2101610.00000000
        NS
        USD
        601838055.70000000
        0.978281576438
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CANVA COMMON STOCK PP
        N/A
        CANVA COMMON STOCK PP
        000000000
        
          
        
        35624.00000000
        NS
        USD
        48626760.00000000
        0.079042298803
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        NVIDIA Corp
        549300S4KLFTLO7GSQ80
        NVIDIA Corp
        67066G104
        
          
          
        
        5916256.00000000
        NS
        USD
        1614309612.16000000
        2.624043689638
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coupang Inc
        549300XR4L1D80AK4W76
        Coupang Inc
        22266T109
        
          
          
        
        9458857.00000000
        NS
        USD
        167232591.76000000
        0.271834859808
        Long
        EC
        CORP
        KR
        N
        
        1
        
          N
          N
          N
        
      
      
        Tesla Inc
        54930043XZGB27CTOV49
        Tesla Inc
        88160R101
        
          
          
        
        1180200.00000000
        NS
        USD
        1271783520.00000000
        2.067271045841
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        APPLE INC
        HWUPKR0MPOU8FGXBT394
        APPLE INC
        037833100
        
          
          
        
        25973957.00000000
        NS
        USD
        4535312631.77000000
        7.372104088514
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Insulet Corp
        549300TZTYD2PYN92D43
        Insulet Corp
        45784P101
        
          
          
        
        572200.00000000
        NS
        USD
        152428358.00000000
        0.247770729926
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ferrari NV
        549300RIVY5EX8RCON76
        Ferrari NV
        000000000
        
          
          
          
        
        2001470.00000000
        NS
        USD
        436500592.30000000
        0.709527228308
        Long
        EC
        CORP
        IT
        N
        
        1
        
          N
          N
          N
        
      
      
        Argenx SE
        7245009C5FZE6G9ODQ71
        Argenx SE
        04016X101
        
          
          
        
        560351.00000000
        NS
        USD
        176684273.81000000
        0.287198471877
        Long
        EC
        CORP
        NL
        N
        
        1
        
          N
          N
          N
        
      
      
        Snap Inc
        549300JNC0L6VP8A2Q35
        Snap Inc
        83304A106
        
          
          
        
        21203811.00000000
        NS
        USD
        763125157.89000000
        1.240452104033
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MICROSOFT CORP
        INR2EJN1ERAN0W5ZP974
        MICROSOFT CORP
        594918104
        
          
          
        
        22324784.00000000
        NS
        USD
        6882954155.04000000
        11.18817126563
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SILA NANO SER F CVT PFD STOCK PP
        N/A
        SILA NANO SER F CVT PFD STOCK PP
        000000000
        
          
        
        1320595.00000000
        NS
        USD
        41162946.15000000
        0.066909946071
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Stryker Corp
        5493002F0SC4JTBU5137
        Stryker Corp
        863667101
        
          
          
        
        2256722.00000000
        NS
        USD
        603334626.70000000
        0.980714237223
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        T. ROWE PRICE GOVERNMENT RESERVE FUND
        5493002Y0IYARJVQ5N24
        T. ROWE PRICE GOVERNMENT RESERVE FUND
        76105Y109
        
          
          
        
        766544712.38000000
        NS
        USD
        766544712.38000000
        1.246010554725
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EPIC GAMES INC PP
        N/A
        EPIC GAMES INC PP
        000000000
        
          
        
        265093.00000000
        NS
        USD
        228430638.10000000
        0.371311655404
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Carvana Co
        5493003WEAK2PJ5WS063
        Carvana Co
        146869102
        
          
          
        
        713397.00000000
        NS
        USD
        85101128.13000000
        0.138331009472
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DoorDash Inc
        N/A
        DoorDash Inc
        25809K105
        
          
          
        
        3529667.00000000
        NS
        USD
        413641675.73000000
        0.672370294269
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAPLEBEAR DBA INSTACART SER I CVT PFD ST
        N/A
        MAPLEBEAR DBA INSTACART SER I CVT PFD ST
        000000000
        
          
        
        135412.00000000
        NS
        USD
        12999552.00000000
        0.021130638222
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Workday Inc
        549300J0DYC0N31V7G13
        Workday Inc
        98138H101
        
          
          
        
        232538.00000000
        NS
        USD
        55683549.48000000
        0.090513037603
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MarketAxess Holdings Inc
        5493002U1CA1XJOVID83
        MarketAxess Holdings Inc
        57060D108
        
          
          
        
        306678.00000000
        NS
        USD
        104331855.60000000
        0.169590359403
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Snowflake Inc
        254900CJNSY1K7T53Z16
        Snowflake Inc
        833445109
        
          
          
        
        1083045.00000000
        NS
        USD
        248158100.85000000
        0.403378443430
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        THINK & LEARN SR F CVT CUM PREF SHS STK PP
        N/A
        THINK & LEARN SR F CVT CUM PREF SHS STK PP
        000000000
        
          
        
        38994.00000000
        NS
        
        183327119.76000000
        0.297996349722
        Long
        EP
        CORP
        IN
        Y
        
        3
        
          N
          N
          N
        
      
      
        ALPHABET INC
        5493006MHB84DD0ZWV18
        ALPHABET INC-CL C
        02079K107
        
          
          
        
        987803.00000000
        NS
        USD
        2758923900.97000000
        4.484602456678
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PAYPAL HOLDINGS INC
        5493005X2GO78EFZ3E94
        PAYPAL HOLDINGS INC
        70450Y103
        
          
          
        
        651412.00000000
        NS
        USD
        75335797.80000000
        0.122457565346
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ANT INTERNATIONAL
        N/A
        ANT INTERNATIONAL
        000000000
        
          
        
        46308995.00000000
        NS
        USD
        131980635.75000000
        0.214533167482
        Long
        EC
        CORP
        KY
        
        Y
        
        3
        
          N
          N
          N
        
      
      
        NETFLIX INC
        549300Y7VHGU0I7CE873
        NETFLIX INC
        64110L106
        
          
          
        
        2047252.00000000
        NS
        USD
        766880126.68000000
        1.246555767224
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAGIC LEAP
        N/A
        MAGIC LEAP
        000000000
        
          
        
        219911.00000000
        NS
        USD
        4222705.51000000
        0.006863964423
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        HashiCorp Inc
        N/A
        HashiCorp Inc
        418100103
        
          
          
        
        576149.00000000
        NS
        USD
        31112046.00000000
        0.050572311137
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FedEx Corp
        549300E707U7WNPZN687
        FedEx Corp
        31428X106
        
          
          
        
        1956116.00000000
        NS
        USD
        452625681.24000000
        0.735738394716
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAPLEBEAR DBA INSTACART NON-VOTING PP
        N/A
        MAPLEBEAR DBA INSTACART NON-VOTING PP
        000000000
        
          
        
        23209.00000000
        NS
        USD
        2228064.00000000
        0.003621695141
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Block Inc
        549300OHIIUWSTIZME52
        Block Inc
        852234103
        
          
          
        
        915800.00000000
        NS
        USD
        124182480.00000000
        0.201857345426
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REDWOOD MATERIALS SER C CVT STOCK PP
        N/A
        REDWOOD MATERIALS SER C CVT STOCK PP
        000000000
        
          
        
        1538629.00000000
        NS
        USD
        80239502.35000000
        0.130428486713
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        STRIPE INC CL B COMMON PP
        N/A
        STRIPE INC CL B COMMON PP
        000000000
        
          
        
        1489660.00000000
        NS
        USD
        61180336.20000000
        0.099448007944
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Humana Inc
        529900YLDW34GJAO4J06
        Humana Inc
        444859102
        
          
          
        
        815820.00000000
        NS
        USD
        355020389.40000000
        0.577081995597
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ceridian HCM Holding Inc
        549300T64GVCHFJ8L449
        Ceridian HCM Holding Inc
        15677J108
        
          
          
        
        1890399.00000000
        NS
        USD
        129227675.64000000
        0.210058259106
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CANVA SERIES A CVT PFD STOCK PP
        N/A
        CANVA SERIES A CVT PFD STOCK PP
        000000000
        
          
        
        1408.00000000
        NS
        USD
        1921920.00000000
        0.003124061214
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        MASTERCARD INC
        AR5L2ODV9HN37376R084
        MASTERCARD INC - A
        57636Q104
        
          
          
        
        2720612.00000000
        NS
        USD
        972292316.56000000
        1.580451171531
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rivian Automotive Inc
        N/A
        Rivian Automotive Inc
        76954A103
        
          
          
        
        3028579.00000000
        NS
        USD
        152155808.96000000
        0.247327704261
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Generac Holdings Inc
        529900S2H2AHJHSFFI84
        Generac Holdings Inc
        368736104
        
          
          
        
        1333540.00000000
        NS
        USD
        396408100.40000000
        0.644357294623
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avantor Inc
        N/A
        Avantor Inc
        05352A100
        
          
          
        
        8460575.00000000
        NS
        USD
        286136646.50000000
        0.465112179204
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tradeweb Markets Inc
        N/A
        Tradeweb Markets Inc
        892672106
        
          
          
        
        603883.00000000
        NS
        USD
        53063199.21000000
        0.086253685160
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
      
        Ross Stores Inc
        549300ENZFLPGRDFZQ60
        Ross Stores Inc
        778296103
        
          
          
        
        9027206.00000000
        NS
        USD
        816601054.76000000
        1.327376625000
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AstraZeneca PLC
        PY6ZZQWO2IZFZC3IOL08
        AstraZeneca PLC
        046353108
        
          
          
        
        2034133.00000000
        NS
        USD
        134944383.22000000
        0.219350708546
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        FISERV INC
        GI7UBEJLXYLGR2C7GV83
        FISERV INC
        337738108
        
          
          
        
        5749537.00000000
        NS
        USD
        583003051.80000000
        0.947665471104
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Toast Inc
        549300TN1PZNLCD4I551
        Toast Inc
        888787108
        
          
          
        
        296392.00000000
        NS
        USD
        6440598.16000000
        0.010469126140
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meta Platforms Inc
        BQ4BKCS1HXDV9HN80Z93
        Meta Platforms Inc
        30303M102
        
          
          
        
        7108559.00000000
        NS
        USD
        1580659179.24000000
        2.569345256641
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bill.com Holdings Inc
        549300IBF9VZZIGOZW63
        Bill.com Holdings Inc
        090043100
        
          
          
        
        793891.00000000
        NS
        USD
        180046539.89000000
        0.292663800847
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ServiceNow Inc
        549300HJTQM36M0E1G39
        ServiceNow Inc
        81762P102
        
          
          
        
        1640381.00000000
        NS
        USD
        913511775.09000000
        1.484904005265
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Block Inc
        549300OHIIUWSTIZME52
        Block Inc
        000000000
        
          
          
          
        
        2308712.00000000
        NS
        
        320177811.11000000
        0.520445742549
        Long
        EC
        CORP
        US
        N
        
        2
        
          N
          N
          N
        
      
      
        Airbus SE
        MINO79WLOO247M1IL051
        Airbus SE
        000000000
        
          
          
          
        
        3432663.00000000
        NS
        
        414214271.72000000
        0.673301043168
        Long
        EC
        CORP
        FR
        N
        
        2
        
          N
          N
          N
        
      
      
        MongoDB Inc
        549300TPTG69WKWE1Z37
        MongoDB Inc
        60937P106
        
          
          
        
        963383.00000000
        NS
        USD
        427347064.97000000
        0.694648263674
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GM CRUISE HLDG CL G CVT PFD PP
        N/A
        GM CRUISE HLDG CL G CVT PFD PP
        000000000
        
          
        
        2619004.00000000
        NS
        USD
        69010755.40000000
        0.112176273907
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Cigna Corp
        549300VIWYMSIGT1U456
        Cigna Corp
        125523100
        
          
          
        
        1294984.00000000
        NS
        USD
        310291116.24000000
        0.504375021611
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RIVIAN AUTOMOTIVE INC
        N/A
        RIVIAN AUTOMOTIVE INC
        000000000
        
          
          
        
        43392210.00000000
        NS
        USD
        2071023398.88000000
        3.366427257812
        Long
        EC
        CORP
        US
        Y
        
        2
        
          N
          N
          N
        
      
      
        Black Knight Inc
        549300TUSNXS3BFFML48
        Black Knight Inc
        09215C105
        
          
          
        
        5960464.00000000
        NS
        USD
        345647307.36000000
        0.561846147037
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SoFi Technologies Inc
        549300SW81JCMVZDDY09
        SoFi Technologies Inc
        83406F102
        
          
          
        
        12394798.00000000
        NS
        USD
        117130841.10000000
        0.190394978841
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMAZON.COM INC
        ZXTILKJKG63JELOEG630
        AMAZON.COM INC
        023135106
        
          
          
        
        2167278.00000000
        NS
        USD
        7065217916.10000000
        11.48443913671
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CELONIS SERIES D CVT PFD STOCK PP
        N/A
        CELONIS SERIES D CVT PFD STOCK PP
        000000000
        
          
        
        213811.00000000
        NS
        USD
        79065169.69000000
        0.128519621039
        Long
        EP
        CORP
        US
        
        Y
        
        3
        
          N
          N
          N
        
      
      
        Expedia Group Inc
        N/A
        Expedia Group Inc
        30212P303
        
          
          
        
        2120180.00000000
        NS
        USD
        414855620.60000000
        0.674343549184
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CANVA SERIES A-4 CVT PFD STOCK PP
        N/A
        CANVA SERIES A-4 CVT PFD STOCK PP
        000000000
        
          
        
        58.00000000
        NS
        USD
        79170.00000000
        0.000128690021
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        RAPPI INC SER E CVT PFD PP
        N/A
        RAPPI INC SER E CVT PFD PP
        000000000
        
          
        
        1337376.00000000
        NS
        USD
        75869340.48000000
        0.123324833491
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        MAPLEBEAR DBA INSTACART PP
        N/A
        MAPLEBEAR DBA INSTACART PP
        000000000
        
          
        
        444245.00000000
        NS
        USD
        42647520.00000000
        0.069323105612
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        GM CRUISE HLDG CL F CVT PFD PP
        N/A
        GM CRUISE HLDG CL F CVT PFD PP
        000000000
        
          
        
        4605200.00000000
        NS
        USD
        121347020.00000000
        0.197248334327
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        NURO SERIES D CVT PFD STOCK PP
        N/A
        NURO SERIES D CVT PFD STOCK PP
        000000000
        
          
        
        1628640.00000000
        NS
        USD
        33950173.42000000
        0.055185658100
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Match Group Inc
        15OMOPB0A8K0EFUVD031
        Match Group Inc
        57667L107
        
          
          
        
        3846258.00000000
        NS
        USD
        418242094.92000000
        0.679848228399
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BYTEDANCE LTD CVT PFD SR E PP
        N/A
        BYTEDANCE LTD CVT PFD SR E PP
        000000000
        
          
        
        2187317.00000000
        NS
        USD
        343540008.02000000
        0.558420753610
        Long
        EP
        CORP
        US
        
        Y
        
        3
        
          N
          N
          N
        
      
      
        Sea Ltd
        529900OM6JLLW44YKI15
        Sea Ltd
        81141R100
        
          
          
        
        4578876.00000000
        NS
        USD
        548503556.04000000
        0.891586895183
        Long
        EC
        CORP
        SG
        N
        
        1
        
          N
          N
          N
        
      
      
        Zoom Video Communications Inc
        549300T9GCHU0ODOM055
        Zoom Video Communications Inc
        98980L101
        
          
          
        
        735842.00000000
        NS
        USD
        86262757.66000000
        0.140219226338
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NURO SERIES C CVT PFD STOCK
        N/A
        NURO SERIES C CVT PFD STOCK
        000000000
        
          
        
        6914757.00000000
        NS
        USD
        144143088.29000000
        0.234303109132
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Chipotle Mexican Grill Inc
        N/A
        Chipotle Mexican Grill Inc
        169656105
        
          
          
        
        392348.00000000
        NS
        USD
        620706306.44000000
        1.008951724169
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SentinelOne Inc
        N/A
        SentinelOne Inc
        81730H109
        
          
          
        
        7075600.00000000
        NS
        USD
        274108744.00000000
        0.445560947261
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UiPath Inc
        5493000YP61KBELDHT53
        UiPath Inc
        90364P105
        
          
          
        
        6305496.00000000
        NS
        USD
        136135658.64000000
        0.221287114502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Align Technology Inc
        549300N5YSE0U3LCP840
        Align Technology Inc
        016255101
        
          
          
        
        823622.00000000
        NS
        USD
        359099192.00000000
        0.583712047319
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        THINK & LEARN PRIVATE LIMITED EQ SHS PP
        N/A
        THINK & LEARN PRIVATE LIMITED EQ SHS PP
        000000000
        
          
        
        28035.00000000
        NS
        
        131804272.52000000
        0.214246490864
        Long
        EC
        CORP
        IN
        Y
        
        3
        
          N
          N
          N
        
      
      
        HCA HEALTHCARE INC
        529900PH4ZGUH2MNEU89
        HCA HEALTHCARE INC
        40412C101
        
          
          
        
        1733258.00000000
        NS
        USD
        434389119.96000000
        0.706095051712
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Trade Desk Inc/The
        549300GXPD31VT3E0P46
        Trade Desk Inc/The
        88339J105
        
          
          
        
        4546073.00000000
        NS
        USD
        314815555.25000000
        0.511729450739
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TSMC
        549300KB6NK5SBD14S87
        Taiwan Semiconductor Manufacturing Co Ltd
        874039100
        
          
          
        
        1110949.00000000
        NS
        USD
        115827542.74000000
        0.188276480746
        Long
        EC
        CORP
        TW
        N
        
        1
        
          N
          N
          N
        
      
      
        ALPHABET INC
        5493006MHB84DD0ZWV18
        ALPHABET INC-CL A
        02079K305
        
          
          
        
        982215.00000000
        NS
        USD
        2731883690.25000000
        4.440648871956
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AURORA INNOVATION INC
        N/A
        AURORA INNOVATION INC
        000000000
        
          
          
        
        10186215.00000000
        NS
        USD
        54093894.76000000
        0.087929070188
        Long
        EC
        CORP
        US
        Y
        
        2
        
          N
          N
          N
        
      
      
        Global Payments Inc
        549300NOMHGVQBX6S778
        Global Payments Inc
        37940X102
        
          
          
        
        2101497.00000000
        NS
        USD
        287568849.48000000
        0.467440210434
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teledyne Technologies Inc
        549300VSMO9KYQWDND94
        Teledyne Technologies Inc
        879360105
        
          
          
        
        1366926.00000000
        NS
        USD
        646050235.38000000
        1.050148020285
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransUnion
        549300ZS772LUNUMRB03
        TransUnion
        89400J107
        
          
          
        
        3698956.00000000
        NS
        USD
        382250113.04000000
        0.621343631624
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Las Vegas Sands Corp
        549300DUOO1KXOHPM605
        Las Vegas Sands Corp
        517834107
        
          
          
        
        7475265.00000000
        NS
        USD
        290563550.55000000
        0.472308066257
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cintas Corp
        N/A
        Cintas Corp
        172908105
        
          
          
        
        351347.00000000
        NS
        USD
        149459500.33000000
        0.242944882284
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Twilio Inc
        5493004W8TRGD63APX93
        Twilio Inc
        90138F102
        
          
          
        
        794100.00000000
        NS
        USD
        130875621.00000000
        0.212736977359
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BOOKING HOLDINGS INC
        FXM8FAOHMYDIPD38UZ17
        BOOKING HOLDINGS INC
        09857L108
        
          
          
        
        188385.00000000
        NS
        USD
        442412753.25000000
        0.719137385193
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INTUIT INC
        VI90HBPH7XSFMB9E4M29
        INTUIT INC
        461202103
        
          
          
        
        2608175.00000000
        NS
        USD
        1254114867.00000000
        2.038550831912
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VISA INC
        549300JZ4OKEHW3DPJ59
        VISA INC-CLASS A SHARES
        92826C839
        
          
          
        
        5067175.00000000
        NS
        USD
        1123747399.75000000
        1.826639853253
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wynn Resorts Ltd
        254900CEKKWIHTEAB172
        Wynn Resorts Ltd
        983134107
        
          
          
        
        4213456.00000000
        NS
        USD
        335980981.44000000
        0.546133633563
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Peloton Interactive Inc
        5493002YS021166W0339
        Peloton Interactive Inc
        70614W100
        
          
          
        
        8228976.00000000
        NS
        USD
        217409545.92000000
        0.353396983293
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atlassian Corp PLC
        549300AGBII4MWBVJY22
        Atlassian Corp PLC
        000000000
        
          
          
          
        
        1455400.00000000
        NS
        USD
        427640182.00000000
        0.695124722395
        Long
        EC
        CORP
        AU
        
        N
        
        1
        
          N
          N
          N
        
      
      
        MAPLEBEAR DBA INSTACART SER A CVT PFD ST
        N/A
        MAPLEBEAR DBA INSTACART SER A CVT PFD ST
        000000000
        
          
        
        63959.00000000
        NS
        USD
        6140064.00000000
        0.009980610950
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        WAYMO LLC SER A-2 CVT PFD UNITS PP
        N/A
        WAYMO LLC SER A-2 CVT PFD UNITS PP
        000000000
        
          
        
        640558.00000000
        NS
        USD
        58753260.88000000
        0.095502821947
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        ONE 97 COMMUNICATIONS LTD
        N/A
        ONE 97 COMMUNICATIONS LTD
        000000000
        
          
        
        3862780.00000000
        NS
        
        25507092.24000000
        0.041461516383
        Long
        EC
        CORP
        IN
        Y
        
        2
        
          N
          N
          N
        
      
      
        SALESFORCE.COM INC
        RCGZFPDMRW58VJ54VR07
        SALESFORCE.COM INC
        79466L302
        
          
          
        
        3749428.00000000
        NS
        USD
        796078552.96000000
        1.294017509166
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ROPER TECHNOLOGIES INC
        54930003T4SXCIWVXY35
        ROPER TECHNOLOGIES INC
        776696106
        
          
          
        
        1012796.00000000
        NS
        USD
        478272655.08000000
        0.777427287204
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAPLEBEAR DBA INSTACART SER G CVT PFD ST
        N/A
        MAPLEBEAR DBA INSTACART SER G CVT PFD ST
        000000000
        
          
        
        907275.00000000
        NS
        USD
        87098400.00000000
        0.141577554377
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        Advanced Micro Devices Inc
        R2I72C950HOYXII45366
        Advanced Micro Devices Inc
        007903107
        
          
          
        
        6548548.00000000
        NS
        USD
        716018238.32000000
        1.163880290234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spotify Technology SA
        549300B4X0JHWV0DTD60
        Spotify Technology SA
        000000000
        
          
          
          
        
        2905066.00000000
        NS
        USD
        438723067.32000000
        0.713139838620
        Long
        EC
        CORP
        SE
        N
        
        1
        
          N
          N
          N
        
      
      
        CANVA SERIES A-3 CVT PFD STOCK PP
        N/A
        CANVA SERIES A-3 CVT PFD STOCK PP
        000000000
        
          
        
        584.00000000
        NS
        USD
        797160.00000000
        0.001295775390
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-05-25
      T. ROWE PRICE GROWTH STOCK FUND, INC.
      Alan S. Dupski
      Alan S. Dupski
      Treasurer & Vice President
    
  
  XXXX




T.
ROWE
PRICE
Growth
Stock
Fund
March
31,
2022
(Unaudited)
1
Portfolio
of
Investments
Shares
$
Value
(Cost
and
value
in
$000s)
COMMON
STOCKS
96.4%
COMMUNICATION
SERVICES
16.6%
Entertainment
3.2%
Netflix (1)
2,046,052‌
766,431‌
ROBLOX,
Class
A (1)
4,617,039‌
213,492‌
Sea,
ADR (1)
4,576,176‌
548,180‌
Spotify
Technology (1)
2,903,366‌
438,466‌
1,966,569‌
Interactive
Media
&
Services
13.4%
Alphabet,
Class
A (1)
981,615‌
2,730,215‌
Alphabet,
Class
C (1)
987,203‌
2,757,248‌
Match
Group (1)
3,843,958‌
417,992‌
Meta
Platforms,
Class
A (1)
7,104,359‌
1,579,725‌
Snap,
Class
A (1)
21,191,311‌
762,675‌
8,247,855‌
Total
Communication
Services
10,214,424‌
CONSUMER
DISCRETIONARY
25.8%
Automobiles
6.4%
Ferrari 
2,000,270‌
436,239‌
Rivian
Automotive,
Acquisition
Date:
12/23/19
-
1/19/21,
Cost $689,791 (1)(2)(3)
43,392,210‌
2,071,024‌
Rivian
Automotive,
Class
A (1)(2)
3,026,779‌
152,065‌
Tesla (1)
1,179,500‌
1,271,029‌
3,930,357‌
Diversified
Consumer
Services
0.2%
Think
&
Learn,
Acquisition
Date:
12/23/20
-
1/15/21,
Cost $44,697
(INR) (1)(3)(4)
28,035‌
131,804‌
131,804‌
Hotels,
Restaurants
&
Leisure
3.9%
Airbnb,
Class
A (1)
1,630,968‌
280,135‌
Booking
Holdings (1)
188,285‌
442,178‌
Chipotle
Mexican
Grill (1)
392,148‌
620,390‌
Expedia
Group (1)
2,118,980‌
414,621‌
Las
Vegas
Sands (1)
7,470,865‌
290,392‌
Wynn
Resorts (1)
4,210,956‌
335,782‌
2,383,498‌
Internet
&
Direct
Marketing
Retail
12.5%
Amazon.com (1)
2,165,978‌
7,060,980‌
Coupang (1)
9,453,257‌
167,134‌
DoorDash,
Class
A (1)
3,527,567‌
413,396‌
T.
ROWE
PRICE
Growth
Stock
Fund
2
Shares
$
Value
(Cost
and
value
in
$000s)
Maplebear
DBA
Instacart,
Acquisition
Date:
8/7/20,
Cost $20,584 (1)(3)(4)
444,245‌
42,647‌
Maplebear
DBA
Instacart,
Acquisition
Date:
8/7/20,
Cost $1,075 (1)(3)(4)
23,209‌
2,228‌
7,686,385‌
Leisure
Products
0.4%
Peloton
Interactive,
Class
A (1)
8,224,076‌
217,280‌
217,280‌
Specialty
Retail
1.5%
Carvana (1)
712,997‌
85,053‌
Ross
Stores 
9,021,906‌
816,122‌
901,175‌
Textiles,
Apparel
&
Luxury
Goods
0.9%
Lululemon
Athletica (1)
1,543,442‌
563,711‌
563,711‌
Total
Consumer
Discretionary
15,814,210‌
FINANCIALS
0.5%
Capital
Markets
0.3%
MarketAxess
Holdings 
306,478‌
104,264‌
Tradeweb
Markets,
Class
603,483‌
53,028‌
157,292‌
Consumer
Finance
0.2%
SoFi
Technologies (1)
12,387,498‌
117,062‌
117,062‌
Total
Financials
274,354‌
HEALTH
CARE
8.0%
Biotechnology
0.3%
Argenx,
ADR (1)
560,051‌
176,590‌
176,590‌
Health
Care
Equipment
&
Supplies
3.3%
Align
Technology (1)
823,122‌
358,881‌
Insulet (1)
571,900‌
152,348‌
Intuitive
Surgical (1)
2,940,174‌
886,992‌
Stryker 
2,255,422‌
602,987‌
2,001,208‌
Health
Care
Providers
&
Services
2.7%
Cigna 
1,294,184‌
310,099‌
HCA
Healthcare 
1,732,258‌
434,139‌
Humana 
815,320‌
354,803‌
T.
ROWE
PRICE
Growth
Stock
Fund
3
Shares
$
Value
(Cost
and
value
in
$000s)
UnitedHealth
Group 
1,157,425‌
590,252‌
1,689,293‌
Life
Sciences
Tools
&
Services
0.5%
Avantor (1)
8,455,575‌
285,968‌
285,968‌
Pharmaceuticals
1.2%
AstraZeneca,
ADR 
2,032,933‌
134,865‌
Eli
Lilly 
2,100,410‌
601,494‌
736,359‌
Total
Health
Care
4,889,418‌
INDUSTRIALS
&
BUSINESS
SERVICES
3.7%
Aerospace
&
Defense
0.7%
Airbus
(EUR) (1)
3,430,640‌
413,970‌
413,970‌
Air
Freight
&
Logistics
0.7%
FedEx 
1,954,916‌
452,348‌
452,348‌
Commercial
Services
&
Supplies
0.3%
Aurora
Innovation,
Acquisition
Date:
3/1/19,
Cost $43,358 (1)(3)
10,186,215‌
54,094‌
Cintas 
351,147‌
149,374‌
203,468‌
Electrical
Equipment
0.6%
Generac
Holdings (1)
1,332,740‌
396,170‌
396,170‌
Industrial
Conglomerates
0.8%
Roper
Technologies 
1,012,196‌
477,989‌
477,989‌
Professional
Services
0.6%
TransUnion 
3,696,756‌
382,023‌
382,023‌
Total
Industrials
&
Business
Services
2,325,968‌
INFORMATION
TECHNOLOGY
41.5%
Communications
Equipment
0.0%
Magic
Leap,
Class
A,
Acquisition
Date:
1/20/16
-
10/12/17,
Cost $106,867 (1)(3)(4)
219,911‌
4,223‌
4,223‌
Electronic
Equipment,
Instruments
&
Components
1.0%
Teledyne
Technologies (1)
1,366,126‌
645,672‌
645,672‌
T.
ROWE
PRICE
Growth
Stock
Fund
4
Shares
$
Value
(Cost
and
value
in
$000s)
IT
Services
7.3%
ANT
International,
Class
C,
Acquisition
Date:
6/7/18,
Cost $176,501 (1)(3)(4)
46,308,995‌
131,981‌
Block,
CDI
(AUD) (1)
2,307,351‌
319,989‌
Block,
Class
A (1)
915,300‌
124,115‌
Fiserv (1)
5,746,137‌
582,658‌
Global
Payments 
2,100,297‌
287,405‌
Mastercard,
Class
2,719,012‌
971,720‌
MongoDB (1)
962,783‌
427,081‌
One97
Communications,
Acquisition
Date:
12/3/19,
Cost $98,340
(INR) (1)(3)
3,862,780‌
25,507‌
PayPal
Holdings (1)
651,012‌
75,290‌
Snowflake,
Class
A (1)
1,082,445‌
248,021‌
Stripe,
Class
B,
Acquisition
Date:
12/17/19,
Cost $23,373 (1)(3)(4)
1,489,660‌
61,180‌
Toast,
Class
A (1)
296,192‌
6,436‌
Twilio,
Class
A (1)
793,600‌
130,793‌
Visa,
Class
5,064,175‌
1,123,082‌
4,515,258‌
Semiconductors
&
Semiconductor
Equipment
5.6%
Advanced
Micro
Devices (1)
6,544,648‌
715,592‌
ASML
Holding 
1,489,533‌
994,904‌
NVIDIA 
5,912,756‌
1,613,355‌
Taiwan
Semiconductor
Manufacturing,
ADR 
1,110,249‌
115,754‌
3,439,605‌
Software
20.2%
Atlassian,
Class
A (1)
1,454,500‌
427,376‌
Bill.com
Holdings (1)
793,391‌
179,933‌
Black
Knight (1)
5,956,964‌
345,444‌
Canva,
Acquisition
Date:
12/17/21
-
12/22/21,
Cost $60,709 (1)
(3)(4)
35,624‌
48,627‌
Celonis,
Acquisition
Date:
6/17/21,
Cost $30,297 (1)(3)(4)
81,931‌
30,297‌
Ceridian
HCM
Holding (1)
1,889,299‌
129,152‌
Datadog,
Class
A (1)
1,983,955‌
300,510‌
Epic
Games,
Acquisition
Date:
6/18/20
-
3/29/21,
Cost $174,729 (1)(3)(4)
265,093‌
228,431‌
HashiCorp,
Class
A (1)
575,849‌
31,096‌
Intuit 
2,606,675‌
1,253,394‌
Microsoft 
22,311,584‌
6,878,884‌
Salesforce (1)
3,747,228‌
795,611‌
SentinelOne,
Class
A (1)(2)
7,071,400‌
273,946‌
ServiceNow (1)
1,639,381‌
912,955‌
Trade
Desk,
Class
A (1)
4,543,373‌
314,629‌
UiPath,
Class
A (1)
4,392,196‌
94,827‌
Workday,
Class
A (1)
232,438‌
55,660‌
T.
ROWE
PRICE
Growth
Stock
Fund
5
Shares
$
Value
(Cost
and
value
in
$000s)
Zoom
Video
Communications,
Class
A (1)
735,442‌
86,216‌
12,386,988‌
Technology
Hardware,
Storage
&
Peripherals
7.4%
Apple 
25,958,657‌
4,532,641‌
4,532,641‌
Total
Information
Technology
25,524,387‌
Total
Miscellaneous
Common
Stocks
 0.3% (5)
160,329‌
Total
Common
Stocks
(Cost
$26,857,218)
59,203,090‌
CONVERTIBLE
PREFERRED
STOCKS
2.3%
COMMUNICATION
SERVICES
0.5%
Interactive
Media
&
Services
0.5%
ByteDance,
Series
E,
Acquisition
Date:
7/8/19,
Cost $107,809 (1)
(3)(4)
2,187,317‌
343,540‌
Total
Communication
Services
343,540‌
CONSUMER
DISCRETIONARY
0.5%
Diversified
Consumer
Services
0.3%
Think
&
Learn,
Series
F,
Acquisition
Date:
12/23/20
-
4/29/21,
Cost $125,208
(INR) (1)(3)(4)
38,994‌
183,327‌
183,327‌
Internet
&
Direct
Marketing
Retail
0.2%
Maplebear
DBA
Instacart,
Series
A,
Acquisition
Date:
11/18/20,
Cost $3,902 (1)(3)(4)
63,959‌
6,140‌
Maplebear
DBA
Instacart,
Series
G,
Acquisition
Date:
7/2/20,
Cost $43,632 (1)(3)(4)
907,275‌
87,098‌
Maplebear
DBA
Instacart,
Series
I,
Acquisition
Date:
2/26/21,
Cost $16,927 (1)(3)(4)
135,412‌
13,000‌
106,238‌
Total
Consumer
Discretionary
289,565‌
INFORMATION
TECHNOLOGY
1.1%
Software
1.1%
Canva,
Series
A,
Acquisition
Date:
12/17/21,
Cost $2,399 (1)(3)(4)
1,408‌
1,922‌
Canva,
Series
A-3,
Acquisition
Date:
12/17/21,
Cost $995 (1)(3)(4)
584‌
797‌
Canva,
Series
A-4,
Acquisition
Date:
12/17/21,
Cost $99 (1)(3)(4)
58‌
79‌
Celonis,
Series
D,
Acquisition
Date:
6/17/21,
Cost $79,065 (1)(3)
(4)
213,811‌
79,065‌
Formagrid,
Series
F,
Acquisition
Date:
12/8/21,
Cost $77,826 (1)
(3)(4)
415,548‌
77,826‌
GM
Cruise
Holdings,
Class
F,
Acquisition
Date:
5/7/19,
Cost $84,045 (1)(3)(4)
4,605,200‌
121,347‌
T.
ROWE
PRICE
Growth
Stock
Fund
6
Shares
$
Value
(Cost
and
value
in
$000s)
GM
Cruise
Holdings,
Class
G,
Acquisition
Date:
1/21/21,
Cost $69,011 (1)(3)(4)
2,619,004‌
69,011‌
Nuro,
Series
C,
Acquisition
Date:
10/30/20
-
3/2/21,
Cost $90,269 (1)(3)(4)
6,914,757‌
144,143‌
Nuro,
Series
D,
Acquisition
Date:
10/29/21,
Cost $33,950 (1)(3)(4)
1,628,640‌
33,950‌
Rappi,
Series
E,
Acquisition
Date:
9/8/20
-
9/24/20,
Cost $79,903 (1)(3)(4)
1,337,376‌
75,870‌
Waymo,
Series
A-2,
Acquisition
Date:
5/8/20,
Cost $55,003 (1)(3)
(4)
640,558‌
58,753‌
Total
Information
Technology
662,763‌
MATERIALS
0.2%
Chemicals
0.2%
Redwood
Materials,
Series
C,
Acquisition
Date:
5/28/21,
Cost $72,936 (1)(3)(4)
1,538,629‌
80,240‌
Sila
Nano,
Series
F,
Acquisition
Date:
1/7/21,
Cost $54,505 (1)(3)
(4)
1,320,595‌
41,163‌
Total
Materials
121,403‌
Total
Convertible
Preferred
Stocks
(Cost
$997,484)
1,417,271‌
SHORT-TERM
INVESTMENTS
1.2%
Money
Market
Funds
1.2%
T.
Rowe
Price
Government
Reserve
Fund,
0.29% (2)(6)
766,608,411‌
766,608‌
Total
Short-Term
Investments
(Cost
$766,608)
766,608‌
Total
Investments
in
Securities
99.9%
(Cost
$28,621,310)
$
61,386,969‌
Other
Assets
Less
Liabilities
0.1%
72,611‌
Net
Assets
100.0%
$
61,459,580‌
Shares
are
denominated
in
U.S.
dollars
unless
otherwise
noted.
(1)
Non-income
producing
(2)
Affiliated
Companies
(3)
Security
cannot
be
offered
for
public
resale
without
first
being
registered
under
the
Securities
Act
of
1933
and
related
rules
("restricted
security").
Acquisition
date
represents
the
day
on
which
an
enforceable
right
to
acquire
such
security
is
obtained
and
is
presented
along
with
related
cost
in
the
security
description.
The
fund
has
registration
rights
for
certain
restricted
securities.
Any
costs
related
to
such
registration
are
borne
by
the
issuer.
The
aggregate
value
of
restricted
securities
(excluding
144A
holdings)
at
period
end
amounts
to
$4,249,314
and
represents
6.9%
of
net
assets.
(4)
Level
3
in
fair
value
hierarchy.
(5)
The
identity
of
certain
securities
has
been
concealed
to
protect
the
fund
while
it
completes
a
purchase
or
selling
program
for
the
securities.
T.
ROWE
PRICE
Growth
Stock
Fund
7
.
.
.
.
.
.
.
.
.
.
(6)
Seven-day
yield
ADR
American
Depositary
Receipts
AUD
Australian
Dollar
CDI
CHESS
or
CREST
Depositary
Interest
EUR
Euro
INR
Indian
Rupee
T.
ROWE
PRICE
Growth
Stock
Fund
8
The
accompanying
notes
are
an
integral
part
of
this
Portfolio
of
Investments.
AFFILIATED
COMPANIES
($000s)
The
fund
may
invest
in
certain
securities
that
are
considered
affiliated
companies.
As
defined
by
the
1940
Act,
an
affiliated
company
is
one
in
which
the
fund
owns
5%
or
more
of
the
outstanding
voting
securities,
or
a
company
that
is
under
common
ownership
or
control.
The
following
securities
were
considered
affiliated
companies
for
all
or
some
portion
of
the
three
months
ended
March
31,
2022.
Net
realized
gain
(loss),
investment
income,
change
in
net
unrealized
gain/loss,
and
purchase
and
sales
cost
reflect
all
activity
for
the
period
then
ended.
Affiliate
Net
Realized
Gain
(Loss)
Change
in
Net
Unrealized
Gain/Loss
Investment
Income
Rivian
Automotive 
$
—‌
$
(2,203,347‌)
$
—‌
Rivian
Automotive,
Class
(71‌)
(162,264‌)
—‌
SentinelOne,
Class
(135‌)
(75,590‌)
—‌
T.
Rowe
Price
Government
Reserve
Fund,
0.29%
—‌
—‌
109‌
Totals
$
(206‌)#
$
(2,441,201‌)
$
109‌+
Supplementary
Investment
Schedule
Affiliate
Value
12/31/21
Purchase
Cost
Sales
Cost
Value
03/31/22
Rivian
Automotive 
$
*
$
—‌
$
—‌
$
2,071,024‌
Rivian
Automotive,
Class
*
—‌
1,467‌
152,065‌
SentinelOne,
Class
*
30,791‌
1,801‌
273,946‌
T.
Rowe
Price
Government
Reserve
Fund,
0.29%
1,078,675‌
 ¤
 ¤
766,608‌
Total
$
3,263,643‌^
#
Capital
gain
distributions
from
mutual
funds
represented
$0
of
the
net
realized
gain
(loss).
+
Investment
income
comprised
$109
of
dividend
income
and
$0
of
interest
income.
¤
Purchase
and
sale
information
not
shown
for
cash
management
funds.
^
The
cost
basis
of
investments
in
affiliated
companies
was
$2,094,143.
*
On
the
date
indicated,
issuer
was
held
but
not
considered
an
affiliated
company.
T.
ROWE
PRICE
Growth
Stock
Fund
Unaudited
Notes
to
the
Portfolio
of
Investments
9
T.
Rowe
Price
Growth
Stock
Fund,
Inc. (the
fund) is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act)
as
an
open-end
management
investment
company
and
follows
accounting
and
reporting
guidance
of
the
Financial
Accounting
Standards
Board
Accounting
Standards
Codification
Topic
946.
The
accompanying
Portfolio
of
Investments
was
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(GAAP).
For
additional
information
on
the
fund’s
significant
accounting
policies
and
investment
related
disclosures,
please
refer
to
the
fund’s most
recent
semiannual
or
annual
shareholder
report
and
its
prospectus. 
VALUATION 
Fair
Value
  The
fund’s
financial
instruments
are
valued
at
the
close
of
the
New
York
Stock
Exchange
(NYSE),
normally
4
p.m.
ET,
each
day
the
NYSE
is
open
for
business,
and
are
reported
at
fair
value,
which
GAAP
defines
as
the
price
that
would
be
received
to
sell
an
asset
or
paid
to
transfer
a
liability
in
an
orderly
transaction
between
market
participants
at
the
measurement
date. The
T.
Rowe
Price
Valuation
Committee
(the
Valuation
Committee)
is
an
internal
committee
that
has
been
delegated
certain
responsibilities
by
the
fund’s
Board
of
Directors
(the
Board)
to
ensure
that
financial
instruments
are
appropriately
priced
at
fair
value
in
accordance
with
GAAP
and
the
1940
Act.
Subject
to
oversight
by
the
Board,
the
Valuation
Committee
develops
and
oversees
pricing-related
policies
and
procedures
and
approves
all
fair
value
determinations.
Specifically,
the
Valuation
Committee
establishes
policies
and
procedures
used
in
valuing
financial
instruments,
including
those
which
cannot
be
valued
in
accordance
with
normal
procedures
or
using
pricing
vendors;
determines
pricing
techniques,
sources,
and
persons
eligible
to
effect
fair
value
pricing
actions;
evaluates
the
services
and
performance
of
the
pricing
vendors;
oversees
the
pricing
process
to
ensure
policies
and
procedures
are
being
followed;
and
provides
guidance
on
internal
controls
and
valuation-related
matters.
The
Valuation
Committee
provides
periodic
reporting
to
the
Board
on
valuation
matters.
Various
valuation
techniques
and
inputs
are
used
to
determine
the
fair
value
of
financial
instruments.
GAAP
establishes
the
following
fair
value
hierarchy
that
categorizes
the
inputs
used
to
measure
fair
value:
Level
1
quoted
prices
(unadjusted)
in
active
markets
for
identical
financial
instruments
that
the
fund
can
access
at
the
reporting
date
Level
2
inputs
other
than
Level
1
quoted
prices
that
are
observable,
either
directly
or
indirectly
(including,
but
not
limited
to,
quoted
prices
for
similar
financial
instruments
in
active
markets,
quoted
prices
for
identical
or
similar
financial
instruments
in
inactive
markets,
interest
rates
and
yield
curves,
implied
volatilities,
and
credit
spreads)
T.
ROWE
PRICE
Growth
Stock
Fund
10
Level
3
unobservable
inputs
(including
the fund’s
own
assumptions
in
determining
fair
value)
Observable
inputs
are
developed
using
market
data,
such
as
publicly
available
information
about
actual
events
or
transactions,
and
reflect
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
Unobservable
inputs
are
those
for
which
market
data
are
not
available
and
are
developed
using
the
best
information
available
about
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
GAAP
requires
valuation
techniques
to
maximize
the
use
of
relevant
observable
inputs
and
minimize
the
use
of
unobservable
inputs.
When
multiple
inputs
are
used
to
derive
fair
value,
the
financial
instrument
is
assigned
to
the
level
within
the
fair
value
hierarchy
based
on
the
lowest-level
input
that
is
significant
to
the
fair
value
of
the
financial
instrument.
Input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level
but
rather
the
degree
of
judgment
used
in
determining
those
values.
Valuation
Techniques 
Equity
securities,
including
exchange-traded
funds, listed
or
regularly
traded
on
a
securities
exchange
or
in
the
over-the-counter
(OTC)
market
are
valued
at
the
last
quoted
sale
price
or,
for
certain
markets,
the
official
closing
price
at
the
time
the
valuations
are
made.
OTC
Bulletin
Board
securities
are
valued
at
the
mean
of
the
closing
bid
and
asked
prices.
A
security
that
is
listed
or
traded
on
more
than
one
exchange
is
valued
at
the
quotation
on
the
exchange
determined
to
be
the
primary
market
for
such
security.
Listed
securities
not
traded
on
a
particular
day
are
valued
at
the
mean
of
the
closing
bid
and
asked
prices
for
domestic
securities
and
the
last
quoted
sale
or
closing
price
for
international
securities.
The
last
quoted
prices
of
non-U.S.
equity
securities
may
be
adjusted
to
reflect
the
fair
value
of
such
securities
at
the
close
of
the
NYSE,
if
the
fund
determines
that
developments
between
the
close
of
a
foreign
market
and
the
close
of
the
NYSE
will
affect
the
value
of
some
or
all
of
its
portfolio
securities.
Each
business
day,
the
fund
uses
information
from
outside
pricing
services
to
evaluate
and,
if
appropriate,
decide whether
it
is
necessary
to
adjust
quoted
prices
to
reflect
fair
value
by
reviewing
a
variety
of
factors,
including
developments
in
foreign
markets,
the
performance
of
U.S.
securities
markets,
and
the
performance
of
instruments
trading
in
U.S.
markets
that
represent
foreign
securities
and
baskets
of
foreign
securities. The
fund
uses
outside
pricing
services
to
provide
it
with
quoted
prices
and
information
to
evaluate
or
adjust
those
prices.
The
fund
cannot
predict
how
often
it
will
use
quoted
prices
and
how
often
it
will
determine
it
necessary
to
adjust
those
prices
to
reflect
fair
value.
Investments
denominated
in
foreign
currencies
are
translated
into
U.S.
dollar
values
each
day
at
the
prevailing
exchange
rate,
using
the
mean
of
the
bid
and
asked
prices
of
such
currencies
against
U.S.
dollars
as
provided
by
an
outside
pricing
service.
T.
ROWE
PRICE
Growth
Stock
Fund
11
Investments
in
mutual
funds
are
valued
at
the
mutual
fund’s
closing
NAV
per
share
on
the
day
of
valuation.
Investments
for
which
market
quotations
or
market-based
valuations
are
not
readily
available
or
deemed
unreliable
are
valued
at
fair
value
as
determined
in
good
faith
by
the
Valuation
Committee,
in
accordance
with
fair
valuation
policies
and
procedures.
The
objective
of
any
fair
value
pricing
determination
is
to
arrive
at
a
price
that
could
reasonably
be
expected
from
a
current
sale.
Financial
instruments
fair
valued
by
the
Valuation
Committee
are
primarily
private
placements,
restricted
securities,
warrants,
rights,
and
other
securities
that
are
not
publicly
traded.
Factors
used
in
determining
fair
value
vary
by
type
of
investment
and
may
include
market
or
investment
specific
considerations.
The
Valuation
Committee
typically
will
afford
greatest
weight
to
actual
prices
in
arm’s
length
transactions,
to
the
extent
they
represent
orderly
transactions
between
market
participants,
transaction
information
can
be
reliably
obtained,
and
prices
are
deemed
representative
of
fair
value.
However,
the
Valuation
Committee
may
also
consider
other
valuation
methods
such
as
market-based
valuation
multiples;
a
discount
or
premium
from
market
value
of
a
similar,
freely
traded
security
of
the
same
issuer;
discounted
cash
flows;
yield
to
maturity;
or
some
combination.
Fair
value
determinations
are
reviewed
on
a
regular
basis
and
updated
as
information
becomes
available,
including
actual
purchase
and
sale
transactions
of
the
investment.
Because
any
fair
value
determination
involves
a
significant
amount
of
judgment,
there
is
a
degree
of
subjectivity
inherent
in
such
pricing
decisions,
and
fair
value
prices
determined
by
the
Valuation
Committee
could
differ
from
those
of
other
market
participants.
Valuation
Inputs
  The
following
table
summarizes
the
fund’s
financial
instruments,
based
on
the
inputs
used
to
determine
their
fair
values
on
March
31,
2022
(for
further
detail
by
category,
please
refer
to
the
accompanying
Portfolio
of
Investments):
($000s)
Level
1
Level
2
Level
3
Total
Value
Assets
Common
Stocks
$
55,637,088‌
$
2,884,584‌
$
681,418‌
$
59,203,090‌
Convertible
Preferred
Stocks
—‌
—‌
1,417,271‌
1,417,271‌
Short-Term
Investments
766,608‌
—‌
—‌
766,608‌
Total
$
56,403,696‌
$
2,884,584‌
$
2,098,689‌
$
61,386,969‌
T.
ROWE
PRICE
Growth
Stock
Fund
12
Following
is
a
reconciliation
of
the
fund’s
Level
3
holdings
for
the
period ended
March
31,
2022.
Gain
(loss)
reflects
both
realized
and
change
in
unrealized
gain/loss
on
Level
3
holdings
during
the
period,
if
any.
The
change
in
unrealized
gain/loss
on
Level
3
instruments
held
at
March
31,
2022,
totaled $(29,655,000) for
the
period ended
March
31,
2022.
In
accordance
with
GAAP,
the
following
table
provides
quantitative
information
about
significant
unobservable
inputs
used
to
determine
the
fair
valuations
of
the
fund’s
Level
3
assets,
by
class
of
financial
instrument.
Because
the
Valuation
Committee
considers
a
wide
variety
of
factors
and
inputs,
both
observable
and
unobservable,
in
determining
fair
values,
the
unobservable
inputs
presented
do
not
reflect
all
inputs
significant
to
the
fair
value
determination.
($000s)
Beginning
Balance
12/31/21
Gain
(Loss)
During
Period
Ending
Balance
3/31/22
Investment
in
Securities
Common
Stocks
$
779,052‌
$
(97,634‌)
$
681,418‌
Convertible
Preferred
Stocks
1,349,300‌
67,971‌
1,417,271‌
Total
$
2,128,352‌
$
(29,663‌)
$
2,098,689‌
T.
ROWE
PRICE
Growth
Stock
Fund
13
Investments
in
Securities
Value
(000s)
Valuation
Technique(s)+
Significant
Unobservable
Input(s)
Value
or
Range
of
Input(s)
Weighted
Average
of
Input(s)*
Impact
to
Valuation
from
an
Increase
in
Input**
Common
Stocks
$
681,418‌
Recent
comparable
transaction
price(s)
—#
—#
—#
—#
Market
comparable
Enterprise
value
to
sales
multiple
5.5x
22.9x
8.5x
Increase
Sales
growth
rate
17%
56%
24%
Increase
Enterprise
value
to
gross
profit
multiple
21.5x
33.8x
27.8x
Increase
Gross
profit
growth
rate
40%
56%
47%
Increase
Enterprise
value
to
EBITDA
multiple
12.7x
95.2x
43.3x
Increase
EBITDA
growth
rate
65%
108%
88%
Increase
Price-to-
earnings
multiple
8.8x
18.8x
13.8x
Increase
Discount
for
lack
of
marketability
10%
10%
Decrease
Convertible
Preferred
Stocks
$
1,417,271‌
Recent
comparable
transaction
price(s)
—#
—#
—#
—#
Market
comparable
Enterprise
value
to
sales
multiple
2.5x
22.9x
3.5x
Increase
Sales
growth
rate
21%
56%
25%
Increase
T.
ROWE
PRICE
Growth
Stock
Fund
14
Investments
in
Securities
Value
(000s)
Valuation
Technique(s)+
Significant
Unobservable
Input(s)
Value
or
Range
of
Input(s)
Weighted
Average
of
Input(s)*
Impact
to
Valuation
from
an
Increase
in
Input**
Enterprise
value
to
gross
profit
multiple
21.5x
29.7x
25.6x
Increase
Gross
profit
growth
rate
56%
56%
Increase
Enterprise
value
to
EBITDA
multiple
12.7x
95.2x
43.3x
Increase
EBITDA
growth
rate
65%
–108%
88%
Increase
Projected
enterprise
value
to
EBITDA
multiple
4.3x
4.3x
Increase
Enterprise
value
to
EBIT
multiple
11.8x
17.0x
14.0x
Increase
EBIT
growth
rate
23%
42%
33%
Increase
Enterprise
value
to
gross
merchandise
value
multiple
0.7x
0.7x
Increase
Discount
rate
for
cost
of
capital
25%
30%
27%
Decrease
T.
ROWE
PRICE
Growth
Stock
Fund
15
#
No
quantitative
unobservable
inputs
significant
to
the
valuation
technique
were
created
by
the
fund’s
management.
*
Unobservable
inputs
were
weighted
by
the
relative
fair
value
of
the
instruments.
**
Represents
the
directional
change
in
the
fair
value
of
the
Level
3
investment(s)
that
would
have
resulted
from
an
increase
in
the
corresponding
input
at
period
end.
A
decrease
in
the
unobservable
input
would
have
had
the
opposite
effect.
Significant
increases
and
decreases
in
these
inputs
in
isolation
could
result
in
significantly
higher
or
lower
fair
value
measurements.
+
Valuation
techniques
may
change
in
order
to
reflect
management’s
judgment
of
current
market
participant
assumptions.
OTHER
MATTERS 
Unpredictable
events
such
as
environmental
or
natural
disasters,
war,
terrorism,
pandemics,
outbreaks
of
infectious
diseases,
and
similar
public
health
threats
may
significantly
affect
the
economy
and
the
markets
and
issuers
in
which
a
fund
invests.
Certain
events
may
cause
instability
across
global
markets,
including
reduced
liquidity
and
disruptions
in
trading
markets,
while
some
events
may
affect
certain
geographic
regions,
countries,
sectors,
and
industries
more
significantly
than
others,
and
exacerbate
other
pre-existing
political,
social,
and
economic
risks.
Since
2020,
a
novel
strain
of
coronavirus
(COVID-19)
has
resulted
in
disruptions
to
global
business
activity
and
caused
significant
volatility
and
declines
in
global
financial
markets.
In
February
2022,
Russian
forces
entered
Ukraine
and
commenced
an
armed
conflict.
Economic
sanctions
have
since
been
imposed
on
Russia
and
certain
of
its
citizens,
including
the
exclusion
of
Russia
from
the
SWIFT
global
payments
network.
As
a
result, Russian-related
stocks
and
debt
have
since
suffered
significant
declines
in
value.
The
duration
of
the
coronavirus
outbreak
and
the
Russian-Ukraine
conflict,
and
their
effects
on
the
financial
markets,
cannot
be
determined
with
certainty.
The fund’s
performance
could
be
negatively
impacted
if
the
value
of
a
portfolio
holding
were
harmed
by
these
and
such
other
events.
Management
is
actively
monitoring
these
events.
F40-054Q1
03/22 
Investments
in
Securities
Value
(000s)
Valuation
Technique(s)+
Significant
Unobservable
Input(s)
Value
or
Range
of
Input(s)
Weighted
Average
of
Input(s)*
Impact
to
Valuation
from
an
Increase
in
Input**
Discount
for
lack
of
marketability
10%
10%
Decrease