Vault-13

T ROWE PRICE ETF INC TCAF

CAP APPRECIATION · ETP · CUSIP 87283Q867

331 institutional holders -1 vs Q4 2025
125,814,408125.8m shares reported held*
$4.5bnreported value*
26 new 157 added 107 reduced 21 sold out net bought ≈ $268.3m (+4.4m 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 ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.53.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q2 23: 12Q3 23: 49Q4 23: 124Q1 24: 165Q2 24: 204Q3 24: 214Q4 24: 248Q1 25: 255Q2 25: 278Q3 25: 295Q4 25: 332Q1 26: 331331Q2 23Q1 24Q4 24Q3 25Q1 26
Numbers
QuarterHolders
Q2 202312
Q3 202349
Q4 2023124
Q1 2024165
Q2 2024204
Q3 2024214
Q4 2024248
Q1 2025255
Q2 2025278
Q3 2025295
Q4 2025332
Q1 2026331

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 160 bought or addedQ2 24: 34 cut or sold outQ3 24: 163 bought or addedQ3 24: 44 cut or sold outQ3 24Q4 24: 185 bought or addedQ4 24: 43 cut or sold outQ1 25: 196 bought or addedQ1 25: 63 cut or sold outQ1 25Q2 25: 199 bought or addedQ2 25: 74 cut or sold outQ3 25: 205 bought or addedQ3 25: 73 cut or sold outQ3 25Q4 25: 227 bought or addedQ4 25: 75 cut or sold outQ1 26: 183 bought or addedQ1 26: 128 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202416034
Q3 202416344
Q4 202418543
Q1 202519663
Q2 202519974
Q3 202520573
Q4 202522775
Q1 2026183128

Biggest buyers

PRICE T ROWE ASSOCIATES INC /MD/ Added +5,196,697+5.2m
Creative Planning Added +1,597,583+1.6m
LPL Financial LLC Added +1,196,176+1.2m
MORGAN STANLEY Added +781,810+781.8k
Mesirow Financial Investment Management, Inc. Added +623,664+623.7k
CPC Advisors, LLC Added +463,216+463.2k
JONES FINANCIAL COMPANIES LLLP Added +324,101+324.1k
Cambridge Investment Research Advisors, Inc. Added +323,094+323.1k
Rockefeller Capital Management L.P. Added +288,037+288.0k
EASTERN BANK Added +226,638+226.6k

Biggest sellers

Corient Private Wealth LP Reduced -3,227,575-3.2m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -910,473-910.5k
JPMORGAN CHASE & CO Reduced -903,220-903.2k
TTP Investments, Inc. Sold out -824,289-824.3k
Beaumont Financial Advisors, LLC Sold out -525,983-526.0k
SageView Advisory Group, LLC Reduced -466,591-466.6k
MENORA MIVTACHIM HOLDINGS LTD. Sold out -390,873-390.9k
IFG Advisory, LLC Reduced -339,700-339.7k
Kestra Advisory Services, LLC Reduced -285,595-285.6k
PYA Waltman Capital, LLC Reduced -263,073-263.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio BALTIMORE, MD 24,265,80424.3m $864.4m $864.4m 0.10% Added +5.2m +5,196,697
2 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 16,125,21416.1m $573.9m $573.9m 0.15% Added +1.2m +1,196,176
3 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 5,615,4735.6m $199.9m $199.9m 0.06% Added +199.5k +199,479
4 COMMONWEALTH EQUITY SERVICES, LLC 0.26% of their portfolio WALTHAM, MA 5,282,6495.3m $188.0m $188.0m 0.26% Added +49.0k +49,011
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,072,6784.1m $144.9m $144.9m 0.01% Added +781.8k +781,810
6 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 3,493,2983.5m $124.3m $124.3m 0.02% Reduced -38.2k -38,175
7 OSAIC HOLDINGS, INC. 0.18% of their portfolio SCOTTSDALE, AZ 3,376,3673.4m $120.2m $120.2m 0.18% Reduced -5.0k -4,970
8 Baird Financial Group, Inc. 0.15% of their portfolio MILWAUKEE, WI 2,758,2262.8m $98.2m $98.2m 0.15% Reduced -38.6k -38,590
9 VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ATLANTA, GA 2,382,8842.4m $84.8m $84.8m 0.09% Reduced -163.1k -163,115
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,273,9222.3m $80.9m $80.9m 0.02% Reduced -170.7k -170,732
11 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 2,048,4462.0m $72.9m $72.9m 0.19% Added +323.1k +323,094
12 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,958,8412.0m $67.7m $67.7m 0.03% Added +324.1k +324,101
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,901,8811.9m $67.7m $67.7m 0.00% Added +188.5k +188,536
14 CPC Advisors, LLC 10.52% of their portfolio Atlanta, GA 1,822,2171.8m $64.9m $64.9m 10.52% Added +463.2k +463,216
15 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,628,7051.6m $58.0m $58.0m 0.01% Reduced -141.3k -141,268
16 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 1,622,0171.6m $57.7m $57.7m 0.04% Added +1.6m +1,597,583
17 Mesirow Financial Investment Management, Inc. 0.88% of their portfolio CHICAGO, IL 1,528,9651.5m $54.4m $54.4m 0.88% Added +623.7k +623,664
18 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,508,1921.5m $53.7m $53.7m 0.06% Added +123.7k +123,670
19 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,440,9871.4m $51.3m $51.3m 0.05% Added +812 +812
20 Modern Wealth Management, LLC 0.79% of their portfolio KANSAS CITY, MO 1,278,9901.3m $45.7m $45.7m 0.79% Reduced -671 -671
21 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 1,241,3281.2m $44.6m $44.6m 0.10% Reduced -910.5k -910,473
22 GREAT VALLEY ADVISOR GROUP, INC. 0.79% of their portfolio WILMINGTON, DE 1,214,0691.2m $43.2m $43.2m 0.79% Added +26.5k +26,487
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,212,6301.2m $43.1m $43.1m 0.01% Reduced -102.3k -102,300
24 LEVEL FOUR ADVISORY SERVICES, LLC 1.40% of their portfolio DALLAS, TX 1,194,4051.2m $42.5m $42.5m 1.40% Added +34.5k +34,504
25 KINTRA WEALTH, LLC 2.68% of their portfolio WILLIAMSPORT, PA 1,066,3401.1m $38.0m $38.0m 2.68% Added +37.1k +37,064
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,046,1811.0m $37.2m $37.2m 0.01% Added +35.3k +35,338
27 Private Advisor Group, LLC 0.15% of their portfolio MORRISTOWN, NJ 899,094899.1k $32.0m $32.0m 0.15% Added +112.1k +112,077
28 PYA Waltman Capital, LLC 8.22% of their portfolio KNOXVILLE, TN 832,739832.7k $29.6m $29.6m 8.22% Reduced -263.1k -263,073
29 CORA CAPITAL ADVISORS LLC 9.22% of their portfolio MARLTON, NJ 782,710782.7k $27.9m $27.9m 9.22% Reduced -119.6k -119,639
30 Souders Financial Advisors 3.16% of their portfolio CINCINNATI, OH 777,194777.2k $27.7m $27.7m 3.16% Added +35.3k +35,329
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 677,538677.5k $24.1m $24.1m 0.01% Reduced -14.2k -14,174
32 EASTERN BANK 0.40% of their portfolio BOSTON, MA 662,241662.2k $23.6m $23.6m 0.40% Added +226.6k +226,638
33 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 649,614649.6k $23.1m $23.1m 0.04% Added +288.0k +288,037
34 ADE, LLC 10.30% of their portfolio BALTIMORE, MD 604,022604.0k $21.5m $21.5m 10.30% Added +48.0k +47,983
35 OneDigital Investment Advisors LLC 0.21% of their portfolio OVERLAND PARK, KS 603,300603.3k $21.5m $21.5m 0.21% Reduced -129.0k -129,036
36 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 521,603521.6k $18.6m $18.6m 0.05% Reduced -6.6k -6,585
37 Ausdal Financial Partners, Inc. 0.81% of their portfolio Davenport, IA 508,404508.4k $18.1m $18.1m 0.81% Added +37.9k +37,943
38 Aprio Wealth Management, LLC 0.98% of their portfolio ATLANTA, GA 506,093506.1k $18.0m $18.0m 0.98% Added +31.2k +31,153
39 Cornerstone Advisory, LLC 1.64% of their portfolio HUNT VALLEY, MD 486,460486.5k $17.3m $17.3m 1.64% Reduced -59.6k -59,620
40 D.A. DAVIDSON & CO. 0.10% of their portfolio GREAT FALLS, MT 486,234486.2k $17.3m $17.3m 0.10% Added +102.4k +102,359
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 470,076470.1k $16.2m $16.2m 0.00% Reduced -903.2k -903,220
42 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 462,323462.3k $8.8m $8.8m 0.02% Reduced -21.9k -21,881
43 Capital Analysts, LLC 0.43% of their portfolio FORT WASHINGTON, PA 455,037455.0k $16.2m $16.2m 0.43% Added +63.2k +63,245
44 FINANCIAL CONSULATE, INC 1.97% of their portfolio HUNT VALLEY, MD 443,936443.9k $15.8m $15.8m 1.97% Added +2.0k +2,011
45 Arcus Capital Partners, LLC 5.40% of their portfolio ATLANTA, GA 421,883421.9k $15.0m $15.0m 5.40% Reduced -72.5k -72,460
46 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 420,417420.4k $15.0m $15.0m 0.06% Reduced -285.6k -285,595
47 ARS Wealth Advisors Group, LLC 1.26% of their portfolio St. Petersburg, FL 418,559418.6k $14.9m $14.9m 1.26% Added +35.2k +35,233
48 Prospera Financial Services Inc 0.23% of their portfolio Dallas, TX 406,583406.6k $14.5m $14.5m 0.23% Added +41.2k +41,180
49 Composition Wealth, LLC 0.19% of their portfolio LOS ANGELES, CA 396,884396.9k $14.1m $14.1m 0.19% Added +5.4k +5,354
50 DKM Wealth Management, Inc. 9.83% of their portfolio STOCKTON, CA 382,975383.0k $13.6m $13.6m 9.83% Reduced -28.0k -27,968
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 374,158374.2k $13.3m $13.3m 0.00% Added +35.2k +35,215
52 Harfst & Associates, Inc. 2.36% of their portfolio Sheridan, WY 372,015372.0k $13.2m $13.2m 2.36% Added +16.8k +16,794
53 National Wealth Management Group, LLC 4.70% of their portfolio CINCINNATI, OH 354,522354.5k $12.6m $12.6m 4.70% Added +3.1k +3,101
54 Principle Wealth Partners LLC 0.72% of their portfolio MADISON, CT 351,581351.6k $12.5m $12.5m 0.72% Added +8.9k +8,944
55 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 312,811312.8k $11.1m $11.1m 0.05% Added +18.0k +17,983
56 Forge Financial Services LLC 1.12% of their portfolio EDMOND, OK 311,756311.8k $11.1m $11.1m 1.12% Reduced -4.9k -4,885
57 Onyx Bridge Wealth Group LLC 1.19% of their portfolio TARRYTOWN, NY 309,857309.9k $11.0m $11.0m 1.19% Added +660 +660
58 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 291,582291.6k $10.4m $10.4m 0.01% Added +13.0k +13,011
59 MTM Investment Management, LLC 3.22% of their portfolio SPARTANBURG, SC 285,230285.2k $10.2m $10.2m 3.22% Added +2.4k +2,357
60 Advocate Investing Services LLC 8.55% of their portfolio WOODBINE, MD 283,604283.6k $10.1m $10.1m 8.55% Reduced -300 -300
61 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 280,099280.1k $10.0m $10.0m 0.04% Added +15.2k +15,166
62 Waverly Advisors, LLC 0.07% of their portfolio BIRMINGHAM, AL 272,718272.7k $9.7m $9.7m 0.07% Reduced -27.1k -27,149
63 4J Wealth Management LLC 5.47% of their portfolio MCLEAN, VA 270,297270.3k $9.6m $9.6m 5.47% Reduced -9.3k -9,261
64 World Investment Advisors 0.15% of their portfolio LINCROFT, NJ 260,259260.3k $9.3m $9.3m 0.15% Added +6.9k +6,919
65 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.48% of their portfolio CEDAR RAPIDS, IA 259,896259.9k $9.2m $9.2m 0.48% Added +6.7k +6,661
66 Beacon Financial Advisory LLC 2.06% of their portfolio CLEVELAND, OH 256,419256.4k $9.1m $9.1m 2.06% Added +8.2k +8,236
67 Keystone Financial Group 0.62% of their portfolio LEXINGTON, KY 254,458254.5k $9.1m $9.1m 0.62% Added +1.9k +1,871
68 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 252,511252.5k $9.0m $9.0m 0.02% Reduced -51.8k -51,751
69 Ledyard National Bank 0.74% of their portfolio HANOVER, NH 240,993241.0k $8.6m $8.6m 0.74% Added +10.6k +10,566
70 CERTIOR FINANCIAL GROUP, LLC 5.44% of their portfolio KING OF PRUSSIA, PA 240,151240.2k $8.5m $8.5m 5.44% Added +14.3k +14,264
71 PARSONS CAPITAL MANAGEMENT INC/RI 0.37% of their portfolio PROVIDENCE, RI 227,131227.1k $8.1m $8.1m 0.37% Reduced -102.4k -102,372
72 NCM Capital Management, LLC 2.89% of their portfolio RAMSEY, NJ 226,823226.8k $8.1m $8.1m 2.89% Added +3.9k +3,852
73 Garden State Investment Advisory Services LLC 1.93% of their portfolio Red Bank, NJ 226,809226.8k $8.1m $8.1m 1.93% Added +5.7k +5,692
74 Essex Financial Services, Inc. 0.45% of their portfolio ESSEX, CT 225,188225.2k $8.0m $8.0m 0.45% Added +7.8k +7,774
75 Asset One Wealth Management LLC 0.95% of their portfolio BELLEVUE, WA 220,716220.7k $8.6m $8.6m 0.95% New
76 Carson Advisory Inc. 4.05% of their portfolio ATHENS, GA 219,371219.4k $7.8m $7.8m 4.05% Added +9.0k +8,998
77 ECLECTIC ASSOCIATES INC /ADV 0.99% of their portfolio FULLERTON, CA 208,748208.7k $7.4m $7.4m 0.99% Added +46.1k +46,144
78 EXCHANGE TRADED CONCEPTS, LLC 0.06% of their portfolio Oklahoma City, OK 202,762202.8k $7.2m $7.2m 0.06% Added +34.5k +34,525
79 Financial Security Advisor, Inc. 1.31% of their portfolio VIRGINIA BEACH, VA 200,671200.7k $7.1m $7.1m 1.31% Added +21.9k +21,928
80 V2 Financial group LLC 3.24% of their portfolio NAPERVILLE, IL 195,612195.6k $7.0m $7.0m 3.24% Added +12.6k +12,565
81 IFP Advisors, Inc 0.14% of their portfolio TAMPA, FL 193,835193.8k $6.9m $6.9m 0.14% Added +129.2k +129,190
82 WCG Wealth Advisors LLC 0.19% of their portfolio LAS VEGAS, NV 186,722186.7k $6.6m $6.6m 0.19% Reduced -33.6k -33,567
83 Chemistry Wealth Management LLC 1.15% of their portfolio NEW YORK, NY 184,199184.2k $6.6m $6.6m 1.15% Added +6.0k +5,964
84 Lighthouse Financial LLC 3.78% of their portfolio LARGO, FL 175,896175.9k $6.3m $6.3m 3.78% Added +39.8k +39,753
85 WEDBUSH SECURITIES INC 0.18% of their portfolio PASADENA, CA 171,801171.8k $6.1m $6.1m 0.18% Added +30.4k +30,350
86 Stratos Wealth Advisors, LLC 0.37% of their portfolio BEACHWOOD, OH 170,754170.8k $6.1m $6.1m 0.37% Reduced -36.5k -36,481
87 Founders Financial Alliance, LLC 1.09% of their portfolio RALEIGH, NC 170,293170.3k $6.1m $6.1m 1.09% Added +9.9k +9,887
88 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 169,066169.1k $6.0m $6.0m 0.03% Added +148.5k +148,507
89 Southland Equity Partners LLC 1.14% of their portfolio WILDWOOD, MO 163,913163.9k $5.8m $5.8m 1.14% Added +26.8k +26,828
90 Paragon Advisors, LLC 1.53% of their portfolio COLLEGE STATION, TX 159,910159.9k $5.7m $5.7m 1.53% Added +174 +174
91 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 157,797157.8k $5.6m $5.6m 0.03% Added +11.8k +11,797
92 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 155,583155.6k $5.5m $5.5m 0.06% Added +25.4k +25,372
93 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 152,741152.7k $5.4m $5.4m 0.08% Added +129.0k +128,956
94 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 151,849151.8k $5.4m $5.4m 0.04% Reduced -6.6k -6,611
95 DIVERSIFIED MANAGEMENT INC 0.91% of their portfolio MILWAUKEE, WI 149,035149.0k $5.3m $5.3m 0.91% Added +767 +767
96 Tanglewood Wealth Management, Inc. 0.43% of their portfolio HOUSTON, TX 146,668146.7k $5.2m $5.2m 0.43% Added +6.9k +6,889
97 CENTAURUS FINANCIAL, INC. 0.25% of their portfolio ANAHEIM, CA 146,291146.3k $5.2m $5.2m 0.25% Added +2.7k +2,720
98 KM Capital Management Ltd. 3.83% of their portfolio AUSTIN, TX 141,741141.7k $5.7m $5.7m 3.83% New
99 Harbor Group, Inc. 0.73% of their portfolio BEDFORD, NH 141,574141.6k $5.0m $5.0m 0.73% Added +40.1k +40,138
100 Mariner, LLC 0.01% of their portfolio Overland Park, KS 140,339140.3k $5.0m $5.0m 0.01% Added +7.5k +7,518