Vault-13

T ROWE PRICE ETF INC TCAF

CAP APPRECIATION · ETP · CUSIP 87283Q867

248 institutional holders +34 vs Q3 2024
60,071,90660.1m shares reported held*
$2.0bnreported value*
34 new 151 added 33 reduced 10 sold out net bought ≈ $392.0m (+11.8m 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 ≈ $33.15.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q2 23: 12Q3 23: 49Q4 23: 124Q1 24: 165Q2 24: 204Q3 24: 214Q4 24: 248248Q2 23Q4 23Q2 24Q4 24
Numbers
QuarterHolders
Q2 202312
Q3 202349
Q4 2023124
Q1 2024165
Q2 2024204
Q3 2024214
Q4 2024248

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 24Q2 24: 160 bought or addedQ2 24: 34 cut or sold outQ2 24Q3 24: 163 bought or addedQ3 24: 44 cut or sold outQ3 24Q4 24: 185 bought or addedQ4 24: 43 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q3 2023463
Q4 202310412
Q1 202413628
Q2 202416034
Q3 202416344
Q4 202418543

Biggest buyers

LPL Financial LLC Added +2,339,777+2.3m
WELLS FARGO & COMPANY/MN Added +1,995,987+2.0m
Modern Wealth Management, LLC Added +578,414+578.4k
McCarthy & Cox Added +574,200+574.2k
MORGAN STANLEY Added +460,699+460.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +409,145+409.1k
Cambridge Investment Research Advisors, Inc. Added +384,190+384.2k
CPC Advisors, LLC Added +368,586+368.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +345,452+345.5k
Souders Financial Advisors New +336,875+336.9k

Biggest sellers

Janney Montgomery Scott LLC Reduced -735,233-735.2k
Fortis Group Advisors, LLC Reduced -274,245-274.2k
VOYA INVESTMENT MANAGEMENT LLC Reduced -84,317-84.3k
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC Sold out -81,488-81.5k
CARY STREET PARTNERS INVESTMENT ADVISORY LLC Sold out -51,226-51.2k
RENAISSANCE TECHNOLOGIES LLC Reduced -49,900-49.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -35,201-35.2k
Cornerstone Advisory, LLC Reduced -33,543-33.5k
Arcus Capital Partners, LLC Reduced -29,053-29.1k
Qube Research & Technologies Ltd Reduced -25,469-25.5k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 7,155,9247.2m $238.1m $238.1m 0.10% Added +2.3m +2,339,777
2 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 4,514,9854.5m $150.2m $150.2m 0.06% First filing
3 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 3,425,0213.4m $114.0m $114.0m 0.17% Added +409.1k +409,145
4 VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ATLANTA, GA 2,723,6302.7m $90.6m $90.6m 0.09% Reduced -84.3k -84,317
5 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,521,4392.5m $83.9m $83.9m 0.02% Added +2.0m +1,995,987
6 Baird Financial Group, Inc. 0.15% of their portfolio MILWAUKEE, WI 2,381,6942.4m $79.2m $79.2m 0.15% Added +103.4k +103,446
7 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 2,063,1482.1m $68.6m $68.6m 0.15% Added +123.2k +123,233
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,588,0851.6m $52.8m $52.8m 0.01% Added +263.9k +263,894
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 1,508,7181.5m $50.2m $50.2m 0.10% Added +345.5k +345,452
10 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 1,476,6391.5m $49.1m $49.1m 0.16% Added +384.2k +384,190
11 CPC Advisors, LLC 6.39% of their portfolio Atlanta, GA 1,411,8151.4m $47.0m $47.0m 6.39% Added +368.6k +368,586
12 Modern Wealth Management, LLC 1.57% of their portfolio KANSAS CITY, MO 1,263,3441.3m $42.0m $42.0m 1.57% Added +578.4k +578,414
13 TTP Investments, Inc. 12.50% of their portfolio San Jose, CA 1,074,4421.1m $35.7m $35.7m 12.50% Added +26.7k +26,690
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,003,6471.0m $33.4m $33.4m 0.01% Added +22.9k +22,940
15 McCarthy & Cox 9.53% of their portfolio MARYSVILLE, OH 825,596825.6k $27.5m $27.5m 9.53% Added +574.2k +574,200
16 LEVEL FOUR ADVISORY SERVICES, LLC 1.03% of their portfolio DALLAS, TX 754,423754.4k $25.1m $25.1m 1.03% Added +52.8k +52,783
17 Mesirow Financial Investment Management, Inc. 0.49% of their portfolio CHICAGO, IL 741,600741.6k $24.7m $24.7m 0.49% Added +111.5k +111,482
18 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 729,988730.0k $24.3m $24.3m 0.03% Added +241.1k +241,097
19 CORA CAPITAL ADVISORS LLC 10.72% of their portfolio MARLTON, NJ 668,387668.4k $22.2m $22.2m 10.72% Added +43.0k +42,999
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 626,063626.1k $20.8m $20.8m 0.00% Added +460.7k +460,699
21 Beaumont Financial Advisors, LLC 1.48% of their portfolio NEEDHAM, MA 593,108593.1k $19.7m $19.7m 1.48% Reduced -19.9k -19,867
22 PYA Waltman Capital, LLC 6.33% of their portfolio KNOXVILLE, TN 591,037591.0k $19.7m $19.7m 6.33% Added +20.8k +20,790
23 Cornerstone Advisory, LLC 2.19% of their portfolio HUNT VALLEY, MD 561,204561.2k $19.2m $19.2m 2.19% Reduced -33.5k -33,543
24 McCarthy Asset Management, Inc. 13.05% of their portfolio REDWOOD SHORES, CA 556,086556.1k $18.5m $18.5m 13.05% Reduced -21.7k -21,746
25 FINANCIAL CONSULATE, INC 4.63% of their portfolio HUNT VALLEY, MD 524,515524.5k $17.5m $17.5m 4.63% Reduced -5.7k -5,677
26 OneDigital Investment Advisors LLC 0.20% of their portfolio OVERLAND PARK, KS 512,101512.1k $17.0m $17.0m 0.20% Added +262.2k +262,236
27 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 469,108469.1k $15.6m $15.6m 0.03% Added +127.5k +127,535
28 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 459,327459.3k $15.3m $15.3m 0.09% Added +122.5k +122,453
29 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 438,702438.7k $14.6m $14.6m 0.01% Added +191.0k +190,998
30 CAROLINAS WEALTH CONSULTING LLC 1.44% of their portfolio CHARLOTTE, NC 433,779433.8k $7.3m $7.3m 1.44% Added +57.8k +57,845
31 DKM Wealth Management, Inc. 12.07% of their portfolio STOCKTON, CA 382,733382.7k $12.7m $12.7m 12.07% First filing
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 381,741381.7k $12.7m $12.7m 0.00% Added +28.6k +28,593
33 Fortis Group Advisors, LLC 2.36% of their portfolio WESTWOOD, NJ 380,848380.8k $12.7m $12.7m 2.36% Reduced -274.2k -274,245
34 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 369,797369.8k $12.3m $12.3m 0.03% Reduced -735.2k -735,233
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 338,325338.3k $11.3m $11.3m 0.00% Added +321.4k +321,402
36 Souders Financial Advisors 1.57% of their portfolio CINCINNATI, OH 336,875336.9k $11.2m $11.2m 1.57% New
37 Arcus Capital Partners, LLC 2.99% of their portfolio ATLANTA, GA 313,097313.1k $9.5m $9.5m 2.99% Reduced -29.1k -29,053
38 Principle Wealth Partners LLC 0.73% of their portfolio MADISON, CT 312,197312.2k $10.4m $10.4m 0.73% Added +37.6k +37,606
39 Prospera Financial Services Inc 0.24% of their portfolio Dallas, TX 308,787308.8k $10.3m $10.3m 0.24% Added +72.5k +72,456
40 PARSONS CAPITAL MANAGEMENT INC/RI 0.56% of their portfolio PROVIDENCE, RI 307,949307.9k $10.2m $10.2m 0.56% Added +6.8k +6,782
41 National Wealth Management Group, LLC 6.65% of their portfolio CINCINNATI, OH 300,507300.5k $10.0m $10.0m 6.65% Added +93.8k +93,825
42 Accordant Advisory Group Inc 9.28% of their portfolio ANNAPOLIS, MD 289,212289.2k $9.6m $9.6m 9.28% Added +36.0k +35,997
43 Grant/GrossMendelsohn, LLC 4.75% of their portfolio Baltimore, MD 273,181273.2k $9.1m $9.1m 4.75% Added +19.3k +19,257
44 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 269,630269.6k $9.0m $9.0m 0.02% Added +71.3k +71,333
45 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 264,120264.1k $9.1m $9.1m 0.05% New
46 Ausdal Financial Partners, Inc. 0.75% of their portfolio Davenport, IA 262,275262.3k $8.7m $8.7m 0.75% Added +228.6k +228,575
47 Composition Wealth, LLC 0.18% of their portfolio LOS ANGELES, CA 261,444261.4k $8.7m $8.7m 0.18% Added +35.0k +34,982
48 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 260,809260.8k $8.7m $8.7m 0.10% Added +70.9k +70,941
49 4J Wealth Management LLC 6.66% of their portfolio MCLEAN, VA 247,167247.2k $8.2m $8.2m 6.66% Added +26.8k +26,845
50 Forge Financial Services LLC 6.94% of their portfolio EDMOND, OK 241,164241.2k $8.3m $8.3m 6.94% First filing
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 233,529233.5k $7.8m $7.8m 0.00% Added +29.1k +29,074
52 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.56% of their portfolio CEDAR RAPIDS, IA 228,749228.7k $7.6m $7.6m 0.56% New
53 EASTERN BANK 0.14% of their portfolio BOSTON, MA 227,554227.6k $7.6m $7.6m 0.14% Reduced -2.2k -2,214
54 Onyx Bridge Wealth Group LLC 1.08% of their portfolio TARRYTOWN, NY 224,663224.7k $7.5m $7.5m 1.08% Added +36.1k +36,089
55 Garden State Investment Advisory Services LLC 2.26% of their portfolio Red Bank, NJ 220,315220.3k $7.3m $7.3m 2.26% Added +22.2k +22,240
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 212,085212.1k $7.1m $7.1m 0.01% Added +70.6k +70,632
57 Keystone Financial Group 0.64% of their portfolio LEXINGTON, KY 194,779194.8k $6.5m $6.5m 0.64% Added +12.7k +12,712
58 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 194,421194.4k $6.5m $6.5m 0.01% Added +39.9k +39,944
59 Global Retirement Partners, LLC 0.18% of their portfolio San Rafael, CA 183,997184.0k $6.1m $6.1m 0.18% Reduced -1.9k -1,909
60 MTM Investment Management, LLC 2.22% of their portfolio SPARTANBURG, SC 173,241173.2k $5.8m $5.8m 2.22% Added +4.0k +4,003
61 Financial Security Advisor, Inc. 1.40% of their portfolio VIRGINIA BEACH, VA 165,897165.9k $5.5m $5.5m 1.40% Added +22.1k +22,073
62 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 164,390164.4k $5.5m $5.5m 0.01% New
63 World Investment Advisors 0.15% of their portfolio LINCROFT, NJ 161,102161.1k $5.4m $5.4m 0.15% Added +7.9k +7,942
64 V2 Financial group LLC 3.24% of their portfolio NAPERVILLE, IL 160,356160.4k $5.3m $5.3m 3.24% New
65 Beacon Financial Advisory LLC 1.69% of their portfolio CLEVELAND, OH 156,267156.3k $5.2m $5.2m 1.69% Added +23.0k +22,973
66 Sharkey, Howes & Javer 0.72% of their portfolio DENVER, CO 154,334154.3k $5.1m $5.1m 0.72% Reduced -4.8k -4,760
67 CERTIOR FINANCIAL GROUP, LLC 4.42% of their portfolio KING OF PRUSSIA, PA 149,633149.6k $5.0m $5.0m 4.42% First filing
68 Carson Advisory Inc. 3.45% of their portfolio ATHENS, GA 149,007149.0k $5.0m $5.0m 3.45% Added +2.6k +2,629
69 Southland Equity Partners LLC 1.00% of their portfolio WILDWOOD, MO 129,002129.0k $4.3m $4.3m 1.00% Added +16.9k +16,898
70 NCM Capital Management, LLC 1.93% of their portfolio RAMSEY, NJ 128,516128.5k $4.3m $4.3m 1.93% Added +22.7k +22,674
71 Chemistry Wealth Management LLC 1.00% of their portfolio NEW YORK, NY 127,611127.6k $4.2m $4.2m 1.00% Added +17.3k +17,251
72 EXCHANGE TRADED CONCEPTS, LLC 0.09% of their portfolio Oklahoma City, OK 127,224127.2k $4.2m $4.2m 0.09% New
73 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 126,970127.0k $4.2m $4.2m 0.03% Added +23.0k +22,969
74 Stratos Wealth Advisors, LLC 0.20% of their portfolio BEACHWOOD, OH 125,837125.8k $4.2m $4.2m 0.20% Added +24.6k +24,559
75 Verity Asset Management, Inc. 2.27% of their portfolio DURHAM, NC 121,491121.5k $4.0m $4.0m 2.27% Reduced -1.5k -1,544
76 Tanglewood Wealth Management, Inc. 0.46% of their portfolio HOUSTON, TX 120,614120.6k $4.0m $4.0m 0.46% Added +13.5k +13,531
77 ARS Wealth Advisors Group, LLC 0.55% of their portfolio St. Petersburg, FL 120,379120.4k $4.0m $4.0m 0.55% New
78 Paragon Advisors, LLC 1.34% of their portfolio COLLEGE STATION, TX 117,205117.2k $3.9m $3.9m 1.34% Added +13.5k +13,532
79 Focus Financial Network, Inc. 0.15% of their portfolio MINNEAPOLIS, MN 112,164112.2k $3.7m $3.7m 0.15% Added +27.5k +27,464
80 LIBERTY WEALTH MANAGEMENT LLC 0.62% of their portfolio OAKLAND, CA 111,149111.1k $3.7m $3.7m 0.62% Added +9.1k +9,102
81 Patton Albertson Miller Group, LLC 0.47% of their portfolio Chattanooga, TN 106,254106.3k $3.5m $3.5m 0.47% Added +86.9k +86,882
82 ORBA Wealth Advisors, L.L.C. 1.80% of their portfolio CHICAGO, IL 103,225103.2k $3.4m $3.4m 1.80% Added +13.2k +13,219
83 SFM, LLC 2.34% of their portfolio MANCHESTER, NH 99,78499.8k $3.3m $3.3m 2.34% Added +6.0k +6,030
84 CMG Global Holdings, LLC 1.87% of their portfolio PLANO, TX 98,16298.2k $3.4m $3.4m 1.87% Added +6.7k +6,699
85 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 94,62394.6k $2.9m $2.9m 0.00% Added +14.1k +14,070
86 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 93,90093.9k $3.1m $3.1m 0.00% Reduced -49.9k -49,900
87 Strategic Financial Concepts, LLC 0.60% of their portfolio SAN ANTONIO, TX 93,44093.4k $3.1m $3.1m 0.60% Added +20.0k +19,993
88 Essex Financial Services, Inc. 0.22% of their portfolio ESSEX, CT 92,18892.2k $3.1m $3.1m 0.22% Added +26.5k +26,510
89 Compass Ion Advisors, LLC 0.36% of their portfolio CONSHOHOCKEN, PA 91,95992.0k $3.1m $3.1m 0.36% Reduced -1.9k -1,874
90 Centerpoint Advisory Group 2.91% of their portfolio Overland Park, KS 90,48590.5k $3.0m $3.0m 2.91% First filing
91 Good Life Advisors, LLC 0.22% of their portfolio READING, PA 89,53589.5k $3.0m $3.0m 0.22% Added +6.0k +5,987
92 Wingate Wealth Advisors, Inc. 2.78% of their portfolio LEXINGTON, MA 84,93984.9k $2.8m $2.8m 2.78% First filing
93 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 84,38984.4k $2.8m $2.8m 0.03% Reduced -1.5k -1,454
94 Merit Financial Group, LLC 0.05% of their portfolio ALPHARETTA, GA 84,30284.3k $2.8m $2.8m 0.05% New
95 Sprinkle Financial Consultants LLC 1.87% of their portfolio LITTLETON, CO 82,68782.7k $2.8m $2.8m 1.87% Added +9.9k +9,897
96 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 80,73380.7k $2.7m $2.7m 0.04% Added +24.5k +24,491
97 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 80,08480.1k $2.7m $2.7m 0.03% Added +11.6k +11,598
98 Lighthouse Financial LLC 2.15% of their portfolio LARGO, FL 79,71779.7k $2.7m $2.7m 2.15% First filing
99 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 76,72576.7k $2.6m $2.6m 0.01% Added +9.3k +9,300
100 WCG Wealth Advisors LLC 0.17% of their portfolio LAS VEGAS, NV 75,53375.5k $2.5m $2.5m 0.17% Added +11.4k +11,351