Vault-13

T ROWE PRICE ETF INC TCAF

CAP APPRECIATION · ETP · CUSIP 87283Q867

165 institutional holders +41 vs Q4 2023
28,588,24928.6m shares reported held*
$861.6mreported value*
46 new 90 added 20 reduced 8 sold out net bought ≈ $379.5m (+12.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $30.14.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q2 23: 12Q3 23: 49Q4 23: 124Q1 24: 165165Q2 23Q3 23Q4 23Q1 24
Numbers
QuarterHolders
Q2 202312
Q3 202349
Q4 2023124
Q1 2024165

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 46 bought or addedQ3 23: 3 cut or sold outQ3 23Q4 23: 104 bought or addedQ4 23: 12 cut or sold outQ4 23Q1 24: 136 bought or addedQ1 24: 28 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q3 2023463
Q4 202310412
Q1 202413628

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC New +2,861,296+2.9m
CPC Advisors, LLC New +1,089,849+1.1m
LPL Financial LLC Added +1,064,135+1.1m
Bank of New York Mellon Corp New +1,041,706+1.0m
Raymond James Financial Services Advisors, Inc. Added +1,032,895+1.0m
Baird Financial Group, Inc. New +600,140+600.1k
Lanham O'Dell & Company, Inc. New +481,539+481.5k
ROYAL BANK OF CANADA Added +470,554+470.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +407,185+407.2k
Fortis Group Advisors, LLC New +376,457+376.5k

Biggest sellers

TTP Investments, Inc. Sold out -865,952-866.0k
Compass Ion Advisors, LLC Reduced -59,314-59.3k
JANE STREET GROUP, LLC Sold out -26,551-26.6k
Beaumont Financial Advisors, LLC Reduced -14,778-14.8k
NORTHERN TRUST CORP Sold out -13,562-13.6k
CAPTRUST FINANCIAL ADVISORS Reduced -13,547-13.5k
Belpointe Asset Management LLC Sold out -10,194-10.2k
THOROUGHBRED FINANCIAL SERVICES, LLC Reduced -5,921-5.9k
Redhawk Wealth Advisors, Inc. Reduced -5,418-5.4k
Trademark Financial Management, LLC Reduced -3,170-3.2k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ATLANTA, GA 2,861,2962.9m $86.5m $86.5m 0.08% New
2 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 2,338,2412.3m $70.7m $70.7m 0.04% Added +1.1m +1,064,135
3 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 1,725,9911.7m $52.2m $52.2m 0.08% Added +1.0m +1,032,895
4 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 1,448,6051.4m $43.8m $43.8m 0.10% Added +198.2k +198,224
5 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 1,410,1411.4m $42.6m $42.6m 0.07% Added +407.2k +407,185
6 CPC Advisors, LLC 5.63% of their portfolio Atlanta, GA 1,089,8491.1m $32.9m $32.9m 5.63% New
7 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,041,7061.0m $31.5m $31.5m 0.01% New
8 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 1,040,6301.0m $31.5m $31.5m 0.09% Added +86.7k +86,672
9 Beaumont Financial Advisors, LLC 1.82% of their portfolio NEEDHAM, MA 728,605728.6k $22.0m $22.0m 1.82% Reduced -14.8k -14,778
10 Modern Wealth Management, LLC 1.81% of their portfolio KANSAS CITY, MO 646,419646.4k $19.5m $19.5m 1.81% Added +23.7k +23,661
11 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 600,140600.1k $18.1m $18.1m 0.04% New
12 McCarthy Asset Management, Inc. 10.41% of their portfolio REDWOOD SHORES, CA 559,504559.5k $16.9m $16.9m 10.41% Reduced -1.1k -1,079
13 PYA Waltman Capital, LLC 6.12% of their portfolio KNOXVILLE, TN 545,520545.5k $16.5m $16.5m 6.12% Added +21.9k +21,939
14 FINANCIAL CONSULATE, INC 4.71% of their portfolio HUNT VALLEY, MD 526,692526.7k $15.9m $15.9m 4.71% Added +57.7k +57,745
15 CORA CAPITAL ADVISORS LLC 8.46% of their portfolio MARLTON, NJ 524,059524.1k $15.8m $15.8m 8.46% Added +31.6k +31,565
16 Lanham O'Dell & Company, Inc. 8.69% of their portfolio HURRICANE, WV 481,539481.5k $17.2m $17.2m 8.69% New
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 481,471481.5k $14.6m $14.6m 0.00% Added +470.6k +470,554
18 Cornerstone Advisory, LLC 2.00% of their portfolio HUNT VALLEY, MD 463,858463.9k $14.0m $14.0m 2.00% Added +49.6k +49,578
19 Mesirow Financial Investment Management, Inc. 0.31% of their portfolio CHICAGO, IL 453,266453.3k $13.7m $13.7m 0.31% Added +278.2k +278,177
20 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 440,074440.1k $13.3m $13.3m 0.05% Added +118.2k +118,171
21 Fortis Group Advisors, LLC 2.10% of their portfolio WESTWOOD, NJ 376,457376.5k $11.4m $11.4m 2.10% New
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 319,828319.8k $9.7m $9.7m 0.00% Added +43.0k +42,983
23 Arcus Capital Partners, LLC 2.99% of their portfolio ATLANTA, GA 313,097313.1k $9.5m $9.5m 2.99% Added +48.5k +48,470
24 CAROLINAS WEALTH CONSULTING LLC 0.60% of their portfolio CHARLOTTE, NC 277,556277.6k $3.1m $3.1m 0.60% Added +216.2k +216,222
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 262,683262.7k $7.9m $7.9m 0.02% Added +100.1k +100,133
26 Accordant Advisory Group Inc 5.63% of their portfolio ANNAPOLIS, MD 249,004249.0k $7.5m $7.5m 5.63% First filing
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 238,704238.7k $7.2m $7.2m 0.00% Added +160.3k +160,302
28 EASTERN BANK 0.29% of their portfolio BOSTON, MA 229,069229.1k $6.9m $6.9m 0.29% New
29 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 226,700226.7k $6.9m $6.9m 0.01% Added +162.8k +162,850
30 Principle Wealth Partners LLC 0.52% of their portfolio MADISON, CT 219,050219.1k $6.6m $6.6m 0.52% Added +40.1k +40,109
31 Redhawk Wealth Advisors, Inc. 1.03% of their portfolio MINNEAPOLIS, MN 209,467209.5k $6.3m $6.3m 1.03% Reduced -5.4k -5,418
32 4J Wealth Management LLC 5.34% of their portfolio MCLEAN, VA 204,651204.7k $6.2m $6.2m 5.34% Added +11.2k +11,193
33 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 1.57% of their portfolio BERMUDA RUN, NC 194,433194.4k $5.9m $5.9m 1.57% Added +48.6k +48,556
34 Global Retirement Partners, LLC 0.21% of their portfolio San Rafael, CA 187,817187.8k $5.7m $5.7m 0.21% Added +5.3k +5,254
35 PARSONS CAPITAL MANAGEMENT INC/RI 0.39% of their portfolio PROVIDENCE, RI 187,783187.8k $5.7m $5.7m 0.39% Added +16.6k +16,595
36 Grant/GrossMendelsohn, LLC 2.61% of their portfolio Baltimore, MD 185,863185.9k $5.6m $5.6m 2.61% Added +167.9k +167,910
37 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 183,569183.6k $5.5m $5.5m 0.00% Added +153.3k +153,326
38 National Wealth Management Group, LLC 4.27% of their portfolio CINCINNATI, OH 181,631181.6k $5.5m $5.5m 4.27% Added +122.5k +122,468
39 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 171,348171.3k $5.2m $5.2m 0.02% Reduced -3.0k -2,960
40 Sharkey, Howes & Javer 0.79% of their portfolio DENVER, CO 159,094159.1k $4.8m $4.8m 0.79% Reduced -172 -172
41 MTM Investment Management, LLC 1.78% of their portfolio SPARTANBURG, SC 142,916142.9k $4.3m $4.3m 1.78% Added +800 +800
42 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 138,371138.4k $4.2m $4.2m 0.03% Added +76.7k +76,659
43 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 131,636131.6k $4.0m $4.0m 0.00% Added +63.2k +63,171
44 Keystone Financial Group 0.54% of their portfolio LEXINGTON, KY 123,606123.6k $3.7m $3.7m 0.54% Added +34.3k +34,260
45 Onyx Bridge Wealth Group LLC 0.62% of their portfolio TARRYTOWN, NY 117,456117.5k $3.5m $3.5m 0.62% Added +98.6k +98,611
46 Financial Security Advisor, Inc. 1.21% of their portfolio VIRGINIA BEACH, VA 114,051114.1k $3.4m $3.4m 1.21% Added +25.1k +25,115
47 Garden State Investment Advisory Services LLC 1.26% of their portfolio Red Bank, NJ 113,893113.9k $3.4m $3.4m 1.26% Added +44.8k +44,825
48 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 106,661106.7k $3.2m $3.2m 0.01% Added +8.3k +8,339
49 OneDigital Investment Advisors LLC 0.05% of their portfolio OVERLAND PARK, KS 105,751105.8k $3.2m $3.2m 0.05% Added +68.8k +68,782
50 Capital Investment Advisory Services, LLC 0.34% of their portfolio RALEIGH, NC 105,479105.5k $3.2m $3.2m 0.34% Added +14.9k +14,897
51 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 105,022105.0k $3.2m $3.2m 0.01% Added +43.5k +43,490
52 Compass Ion Advisors, LLC 0.42% of their portfolio CONSHOHOCKEN, PA 97,53897.5k $2.9m $2.9m 0.42% Reduced -59.3k -59,314
53 LIBERTY WEALTH MANAGEMENT LLC 0.56% of their portfolio OAKLAND, CA 94,23794.2k $2.8m $2.8m 0.56% Added +21.4k +21,398
54 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 91,95492.0k $2.8m $2.8m 0.01% Added +58.2k +58,225
55 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 90,67190.7k $2.7m $2.7m 0.04% Added +28.6k +28,626
56 Tanglewood Wealth Management, Inc. 0.33% of their portfolio HOUSTON, TX 88,90788.9k $2.7m $2.7m 0.33% Added +63.5k +63,506
57 SFM, LLC 2.03% of their portfolio MANCHESTER, NH 87,78487.8k $2.7m $2.7m 2.03% Reduced -1.3k -1,317
58 World Investment Advisors 0.41% of their portfolio LINCROFT, NJ 86,68986.7k $2.9m $2.9m 0.41% Added +34.8k +34,755
59 Carson Advisory Inc. 1.84% of their portfolio ATHENS, GA 86,44886.4k $2.6m $2.6m 1.84% Added +19.0k +18,984
60 Paragon Advisors, LLC 0.98% of their portfolio COLLEGE STATION, TX 80,75480.8k $2.4m $2.4m 0.98% Added +30.5k +30,507
61 CMG Global Holdings, LLC 1.61% of their portfolio PLANO, TX 77,67377.7k $2.3m $2.3m 1.61% Added +6.0k +6,000
62 Composition Wealth, LLC 0.06% of their portfolio LOS ANGELES, CA 75,80575.8k $2.3m $2.3m 0.06% New
63 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 75,28475.3k $2.3m $2.3m 0.03% Added +18.4k +18,419
64 Sprinkle Financial Consultants LLC 1.85% of their portfolio LITTLETON, CO 71,60571.6k $2.2m $2.2m 1.85% New
65 Stratos Wealth Advisors, LLC 0.13% of their portfolio BEACHWOOD, OH 70,09270.1k $2.1m $2.1m 0.13% Added +51.9k +51,936
66 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 67,11067.1k $2.0m $2.0m 0.00% Added +1.9k +1,878
67 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 66,00866.0k $2.0m $2.0m 0.01% Reduced -13.5k -13,547
68 HFG Advisors, Inc. 1.75% of their portfolio CINCINATTI, OH 65,35265.4k $2.0m $2.0m 1.75% New
69 Beacon Financial Advisory LLC 0.96% of their portfolio CLEVELAND, OH 65,01665.0k $2.0m $2.0m 0.96% New
70 Focus Financial Network, Inc. 0.09% of their portfolio MINNEAPOLIS, MN 63,18563.2k $1.8m $1.8m 0.09% First filing
71 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 59,97660.0k $1.8m $1.8m 0.02% Added +1.1k +1,089
72 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 0.65% of their portfolio New Cumberland, PA 59,51559.5k $1.8m $1.8m 0.65% Added +29.6k +29,559
73 Chemistry Wealth Management LLC 0.48% of their portfolio NEW YORK, NY 58,48058.5k $1.8m $1.8m 0.48% Added +36.3k +36,348
74 Frontier Asset Management, LLC 0.64% of their portfolio SHERIDAN, WY 58,05558.1k $1.8m $1.8m 0.64% New
75 ADE, LLC 1.04% of their portfolio BALTIMORE, MD 51,53351.5k $1.6m $1.6m 1.04% Added +15.7k +15,670
76 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.07% of their portfolio RICHMOND, VA 51,38451.4k $1.6m $1.6m 0.07% Added +3.0k +3,008
77 NCM Capital Management, LLC 0.86% of their portfolio RAMSEY, NJ 50,80350.8k $1.5m $1.5m 0.86% Added +16.9k +16,886
78 Southland Equity Partners LLC 0.42% of their portfolio WILDWOOD, MO 49,16749.2k $1.5m $1.5m 0.42% Added +26.5k +26,484
79 Rain Capital Management, LLC 0.98% of their portfolio LAKE OSWEGO, OR 48,56548.6k $1.5m $1.5m 0.98% Added +25.4k +25,372
80 LINCOLN CAPITAL CORP 0.63% of their portfolio EAST GREENWICH, RI 47,29347.3k $1.4m $1.4m 0.63% New
81 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 41,99242.0k $1.3m $1.3m 0.01% Added +27.1k +27,130
82 Strategic Financial Concepts, LLC 0.30% of their portfolio SAN ANTONIO, TX 41,08441.1k $1.2m $1.2m 0.30% New
83 NVWM, LLC 0.32% of their portfolio YARDLEY, PA 39,10939.1k $1.2m $1.2m 0.32% Added +169 +169
84 Walkner Condon Financial Advisors LLC 0.24% of their portfolio MADISON, WI 38,01538.0k $1.1m $1.1m 0.24% Added +8.7k +8,675
85 Weaver Consulting Group 0.41% of their portfolio HUNTINGTON BEACH, CA 36,43836.4k $1.1m $1.1m 0.41% Added +2.3k +2,349
86 SARD WEALTH MANAGEMENT GROUP, LLC 0.99% of their portfolio ATLANTA, GA 36,07136.1k $1.1m $1.1m 0.99% Added +2.3k +2,265
87 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 34,37034.4k $1.0m $1.0m 0.02% Added +11.4k +11,435
88 High Net Worth Advisory Group LLC 0.32% of their portfolio NAPLES, FL 33,86833.9k $1.0m $1.0m 0.32% Added +19.5k +19,530
89 CJM Wealth Advisers, Ltd. 0.37% of their portfolio FALLS CHURCH, VA 32,47132.5k $981.6k $981.6k 0.37% Added +10.9k +10,862
90 WealthPLAN Partners, LLC 0.10% of their portfolio OMAHA, NE 31,54531.5k $953.6k $953.6k 0.10% Added +1.4k +1,398
91 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 31,30231.3k $946.3k $946.3k 0.00% Added +16.4k +16,440
92 Strategic Blueprint, LLC 0.06% of their portfolio ATLANTA, GA 28,69128.7k $867.3k $867.3k 0.06% New
93 McCarthy & Cox 0.33% of their portfolio MARYSVILLE, OH 28,54928.5k $863.0k $863.0k 0.33% First filing
94 Verity Asset Management, Inc. 0.48% of their portfolio DURHAM, NC 28,45628.5k $860.2k $860.2k 0.48% New
95 Godshalk Welsh Capital Management, Inc. 0.50% of their portfolio RADNOR, PA 24,60024.6k $743.7k $743.7k 0.50% Added +11.2k +11,150
96 CRA Financial Services, LLC 0.16% of their portfolio NORTHFIELD, NJ 23,95023.9k $724.0k $724.0k 0.16% Added +12.1k +12,115
97 THOROUGHBRED FINANCIAL SERVICES, LLC 0.07% of their portfolio BRENTWOOD, TN 23,02723.0k $696.0k $696.0k 0.07% Reduced -5.9k -5,921
98 TSFG, LLC 0.17% of their portfolio LAKE FOREST, IL 22,80622.8k $689.0k $689.0k 0.17% Reduced -1.0k -1,003
99 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 22,51722.5k $680.7k $680.7k 0.00% Added +14.8k +14,793
100 FMA Wealth Management, LLC 0.55% of their portfolio DUXBURY, MA 21,84621.8k $660.5k $660.5k 0.55% Added +1.3k +1,251