T. Rowe Price US Equity Research ETF
TSPA
119 hedge funds and large institutions have $1.71B invested in T. Rowe Price US Equity Research ETF in 2026 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 31 reducing their positions, and 13 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 31
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
2% less capital invested
Capital invested by funds: $1.76B → $1.71B (-$42.2M)
1.2% less ownership
Funds ownership: 83.25% → 82.05% (-1.2%)
3% less funds holding
Funds holding: 123 → 119 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
+$17.2M |
| 2 |
NEWAS
N.E.W. Advisory Services
De Pere,
Wisconsin
|
+$7.05M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$6.21M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$4.05M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
-$8.94M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$7.7M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$7.62M |
| 4 |
Morgan Stanley
New York
|
-$2.74M |
| 5 |
FNT
First National Trust
Hermitage,
Pennsylvania
|
-$1.89M |
TSPA Hedge Fund Activity: Q1 2026 in Review
119 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in T. Rowe Price US Equity Research ETF (TSPA) for Q1 2026, worth a combined $1.71B — down 2.4% from $1.76B a quarter earlier.
Fund positioning in TSPA was balanced in Q1 2026: 13 funds opened new positions, 13 closed out, 58 added to existing stakes and 31 trimmed.
The largest buyer was Forvis Mazars Wealth Advisors, adding an estimated $17.2M. The largest seller was M&T Bank, cutting an estimated $8.94M.
- 119 institutional investors held T. Rowe Price US Equity Research ETF (TSPA) as of Q1 2026, down from 123 in Q4 2025.
- Funds reported $1.71B of T. Rowe Price US Equity Research ETF stock for Q1 2026, down 2.4% quarter-over-quarter.
- 13 funds opened new T. Rowe Price US Equity Research ETF positions in Q1 2026 and 13 closed out, a net change of 0 holders.
- The largest T. Rowe Price US Equity Research ETF buyer in Q1 2026 was Forvis Mazars Wealth Advisors, an estimated $17.2M added.
- The largest T. Rowe Price US Equity Research ETF seller in Q1 2026 was M&T Bank, an estimated $8.94M sold.
Based on aggregated 13F filings for Q1 2026.