T. Rowe Price Capital Appreciation Equity ETF
TCAF
255 hedge funds and large institutions have $2.77B invested in T. Rowe Price Capital Appreciation Equity ETF in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 166 increasing their positions, 42 reducing their positions, and 21 closing their positions.
1,940% more capital inflows, than outflows
Capital inflows: $917M | Capital outflows: $45M
295% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 42
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
5.69% more ownership
Funds ownership: 66.22% → 71.91% (+5.7%)
2% more funds holding
Funds holding: 249 → 255 (+6)
0% more funds holding in top 10
Funds holding in top 10: 26 → 26 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$456M |
| 2 |
LPL Financial
San Diego,
California
|
+$54.8M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$50.6M |
| 4 |
Bank of New York Mellon
New York
|
+$27.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Accordant Advisory Group
Annapolis,
Maryland
|
-$9.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.32M |
| 3 |
Verity Asset Management
Durham,
North Carolina
|
-$4.02M |
| 4 |
CMG Global Holdings
Plano,
Texas
|
-$3.38M |
| 5 |
Renaissance Technologies
New York
|
-$3.12M |
TCAF Hedge Fund Activity: Q1 2025 in Review
255 of the 7,481 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 $2.77B — up 39% from $2B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TCAF positions and 21 closed out — a net gain of 10 holders — while 166 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 $9.6M sold.
- 255 institutional investors held T. Rowe Price Capital Appreciation Equity ETF (TCAF) as of Q1 2025, up from 249 in Q4 2024.
- Funds reported $2.77B of T. Rowe Price Capital Appreciation Equity ETF stock for Q1 2025, up 39% 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 $9.6M sold.
Based on aggregated 13F filings for Q1 2025.