The Fund Grade · free · no account needed

What grade does PRGTX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-09-01

T. Rowe Price Global Technology Fund

#8 of 440 graded active funds · blend · large segment peer group

The point · specialist footprint

PRGTX puts more of its book behind proven specialists than 99% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice

The grade scores this fund's specialist share — the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

Conviction exposure

65.1%

of the book in specialist-converged names

Late-stage weight

13.3%

of the book in Crowded or Fading names

Active share

84.9%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book — top names by stage · as of 2026-09-09

Early Conviction
AXON 1%IOT 0.7%CRCL 0.2%
Consensus
NVDA 19%MSFT 3.7%AMD 3.6%+14 locked
Crowded
NOW 0.6%SE 0.4%MELI 0.3%+2 locked
Fading
AVGO 6.1%ORCL 1.6%CIEN 1.3%+9 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

T. Rowe Price Global Technology Fund earns an A grade, ranking 8th out of 440 graded funds, with specialists controlling 65.1% of its holdings. The fund is genuinely early in NVDA at a striking 19% weight, alongside AMD and Entegris, while Oracle, Ciena, Appfolio, and Synopsys are showing specialist exits worth watching.

Monitor the five fading positions led by ORCL and APP, as specialist exits at combined weight near 5.6% signal potential drag.

Note the fund's Early Conviction stance on NVDA at 19% weight, where specialists are still building rather than crowding.

Support leaving these positions

AVGO 6.1% of the fund · Fading

ORCL 1.6% of the fund · Fading

CIEN 1.3% of the fund · Fading

APP 1.3% of the fund · Fading

SNPS 0.8% of the fund · Fading

Where it's genuinely early

AXON 1% of the fund · Early Conviction

IOT 0.7% of the fund · Early Conviction

CRCL 0.2% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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