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T. Rowe Price Capital Appreciation Equity ETF

254 hedge funds and large institutions have $2.76B invested in T. Rowe Price Capital Appreciation Equity ETF in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 165 increasing their positions, 42 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

293% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 42

48% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 21

5.73% more ownership

Funds ownership: 66.01%71.75% (+5.7%)

2% more funds holding

Funds holding: 248254 (+6)

0% more funds holding in top 10

Funds holding in top 10: 2626 (0)

18% less capital invested

Capital invested by funds: $3.36B → $2.76B (-$596M)

Holders
254
Holders Change
+6
Holders Change %
+2.42%
% of All Funds
3.41%
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.35%
New
31
Increased
165
Reduced
42
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$439M +$456M +13,598,203 +54,690%
LPL Financial
2
LPL Financial
California
$284M +$54.8M +1,634,146 +23%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$159M +$50.6M +1,509,453 +44%
Raymond James Financial
4
Raymond James Financial
Florida
$145M -$962K -28,696 -0.6%
Wells Fargo
5
Wells Fargo
California
$91.6M +$10.6M +315,300 +13%
VOYA Investment Management
6
VOYA Investment Management
Georgia
$89.9M +$2.05M +61,276 +2%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$81.7M +$4.99M +148,728 +6%
Osaic Holdings
8
Osaic Holdings
Arizona
$77.6M +$11.4M +341,114 +17%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$59.6M +$8.66M +258,424 +16%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$59M +$27.6M +822,877 +82%
Wealth Enhancement Advisory Services
11
Wealth Enhancement Advisory Services
Minnesota
$54.4M +$5.88M +175,290 +12%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$53.7M +$6.28M +187,347 +13%
CPC
13
Consolidated Planning Corp
Georgia
$44.4M -$1.2M -35,684 -3%
MWM
14
Modern Wealth Management
Kansas
$40.8M +$13.8K +412 +0%
Morgan Stanley
15
Morgan Stanley
New York
$40.4M +$20.9M +624,647 +100%
TI
16
TTP Investments
California
$35.4M +$795K +23,713 +2%
Bank of America
17
Bank of America
North Carolina
$35.3M +$25.3M +753,992 +223%
MC
18
McCarthy & Cox
Ohio
$32.8M +$6.38M +190,362 +23%
LFAS
19
Level Four Advisory Services
Texas
$28.8M +$4.63M +138,229 +18%
MFIM
20
Mesirow Financial Investment Management
Illinois
$28.5M +$4.73M +140,950 +19%
OIA
21
OneDigital Investment Advisors
Kansas
$25.7M +$9.5M +283,493 +55%
CCA
22
Cora Capital Advisors
New Jersey
$25.6M +$4.16M +124,152 +19%
Stifel Financial
23
Stifel Financial
Missouri
$24.8M +$1.25M +37,288 +5%
PWC
24
PYA Waltman Capital
Tennessee
$22.7M +$3.75M +111,811 +19%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$22.2M +$7.35M +219,185 +47%

TCAF Hedge Fund Activity: Q1 2025 in Review

254 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in T. Rowe Price Capital Appreciation Equity ETF (TCAF) for Q1 2025, worth a combined $2.76B — down 18% from $3.36B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TCAF positions and 21 closed out — a net gain of 10 holders — while 165 added to existing stakes and 42 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $456M. The largest seller was Accordant Advisory Group, exiting entirely with an estimated $9.62M sold.

  • 254 institutional investors held T. Rowe Price Capital Appreciation Equity ETF (TCAF) as of Q1 2025, up from 248 in Q4 2024.
  • Funds reported $2.76B of T. Rowe Price Capital Appreciation Equity ETF stock for Q1 2025, down 18% quarter-over-quarter.
  • 31 funds opened new T. Rowe Price Capital Appreciation Equity ETF positions in Q1 2025 and 21 closed out, a net change of +10 holders.
  • The largest T. Rowe Price Capital Appreciation Equity ETF buyer in Q1 2025 was T. Rowe Price Associates, an estimated $456M added.
  • The largest T. Rowe Price Capital Appreciation Equity ETF seller in Q1 2025 was Accordant Advisory Group, an estimated $9.62M sold.

Based on aggregated 13F filings for Q1 2025.