T. Rowe Price U.S. Equity Research ETF
TSPA • ARCA
T. Rowe Price U.S. Equity Research ETF is an exchange-traded fund on ARCA. As of Q3 2025, 110 institutional investors hold shares in this ETF, with total holdings valued at $1.7B. National Pension Service is the largest holder with a position valued at $398.7M.
Overview
Overview of institutional ownership in TSPA as of Q3 2025
All Institutions
- Institutions
- 110
- Value Held
- $1.7B
- Shares Held
- 39.8M
- Avg Position
- $15.2M
- Median Position
- $1.3M
Hedge Funds
- Hedge Funds
- 1
- Value Held
- $1.1M
- Shares Held
- 25.9K
- Avg Position
- $1.1M
- Median Position
- $1.1M
Biggest Investors
Institutions with the largest positions in TSPA as of Q3 2025
| Institution | Position Value |
|---|---|
N National Pension Service Institution | $398.7M 0.31% of portfolio |
 M&T BANK CORP Institution | $244.1M 0.83% of portfolio |
 MORGAN STANLEY RIA/Wealth | $158.1M 0.01% of portfolio |
 Hanson McClain, Inc. RIA/Wealth | $139.5M 0.62% of portfolio |
 BKD Wealth Advisors, LLC RIA/Wealth | $77.9M 1.55% of portfolio |
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution | $74.8M 0.05% of portfolio |
P Provident Wealth Management, LLC RIA/Wealth | $57.5M 17.62% of portfolio |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $41.0M 0.01% of portfolio |
F FIRST NATIONAL TRUST CO Institution | $33.9M 1.18% of portfolio |
 Alpha Financial Advisors, LLC RIA/Wealth | $30.8M 10.83% of portfolio |
Net Capital Flow
Institutional buying and selling activity for TSPA in Q3 2025
- Traded
- +$123.0M
- Buyers
- 81
- Sellers
- 22
- Total Bought
- +$151.8M
- Total Sold
- −$28.8M
- Avg Position
- $14.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ Long Only Manager | +$30.3M +722.1K shares |
BKD Wealth Advisors, LLC RIA/Wealth | +$16.0M +382.5K shares |
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution | +$14.5M +345.2K shares |
 Cetera Investment Advisers RIA/Wealth | +$10.8M +257.4K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | +$9.9M +236.1K shares |
 Frontier Asset Management, LLC ETF Provider | +$5.8M +138.6K shares |
M&T BANK CORP Institution | +$5.6M +134.8K shares |
R ROGCO, LP Institution | +$5.6M +134.3K shares |
 JPMORGAN CHASE & CO Institution | +$4.3M +101.7K shares |
 Perigon Wealth Management, LLC RIA/Wealth | +$3.8M +91.8K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
MORGAN STANLEY RIA/Wealth | −$12.8M −306.5K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | −$6.5M −168.3K shares |
 Per Stirling Capital Management, LLC. RIA/Wealth | −$4.4M −114.0K shares |
 Eaton Financial Holdings Company, LLC RIA/Wealth | −$1.0M −24.4K shares |
F FIRST NATIONAL TRUST CO Institution | −$918.0K −21.9K shares |
J JANE STREET GROUP, LLC Institution | −$563.7K −14.5K shares |
 CAPTRUST FINANCIAL ADVISORS RIA/Wealth | −$494.7K −11.8K shares |
 SK Wealth Management, LLC RIA/Wealth | −$453.0K −10.7K shares |
 Rollins Financial Advisors, LLC RIA/Wealth | −$310.3K −7.4K shares |
S Sterling Investment Advisors, Ltd. RIA/Wealth | −$245.0K −6.3K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited TSPA in Q3 2025
- New Positions
- 14
- New Value
- $38.2M
- Exited Positions
- 5
- Exited Value
- $11.8M
New Positions
| Institution | Position Value |
|---|---|
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ Long Only Manager | $30.3M 722.1K shares |
R ROGCO, LP Institution | $5.6M 134.3K shares |
L LPL Financial LLC Institution | $724.0K 17.3K shares |
 MainStreet Investment Advisors LLC RIA/Wealth | $310.8K 7.4K shares |
B Bank of Jackson Hole Trust Institution | $263.4K 6.3K shares |
 Creative Planning RIA/Wealth | $248.3K 5.9K shares |
M MASSMUTUAL TRUST CO FSB/ADV Institution | $237.4K 5.7K shares |
H HRT FINANCIAL LLC Institution | $227.2K 5.4K shares |
 National Asset Management, Inc. RIA/Wealth | $206.3K 4.9K shares |
C CLEAR INVESTMENT RESEARCH, LLC RIA/Wealth | $36.1K 862.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $6.5M 168.3K shares |
Per Stirling Capital Management, LLC. RIA/Wealth | $4.4M 114.0K shares |
J JANE STREET GROUP, LLC Institution | $563.7K 14.5K shares |
S Sterling Investment Advisors, Ltd. RIA/Wealth | $245.0K 6.3K shares |
U United Community Bank Institution | $58.3K 1.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in TSPA as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with TSPA as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
P Provident Wealth Management, LLC RIA/Wealth | 17.62% $57.5M |
P Prodigy Asset Management LLC Institution | 14.65% $27.4M |
Alpha Financial Advisors, LLC RIA/Wealth | 10.83% $30.8M |
 NBZ Investment Advisors LLC RIA/Wealth | 7.25% $12.3M |
Frontier Asset Management, LLC ETF Provider | 5.70% $18.8M |
Eaton Financial Holdings Company, LLC RIA/Wealth | 4.49% $15.9M |
F Future Financial Wealth Managment LLC RIA/Wealth | 3.05% $4.8M |
D DAHRING | CUSMANO LLC RIA/Wealth | 2.33% $3.2M |
2.25% $8.7M | |
B Bryant Woods Investment Advisors, LLC Institution | 2.02% $5.2M |
Hedge Fund Spotlight
Discover hedge funds investing in TSPA
CITADEL ADVISORS LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerKenneth Cordele Griffin
- Portfolio Value
- $122.08B
- Positions
- 5,531
- Last Reported
- Q3 2025
Sector Allocation
Position in T. Rowe Price U.S. Equity Research ETF
- Market Value
- $1.1M
- Shares Held
- 25.9K
- Portfolio Weight
- 0.00%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $2.1B | 1.68% | |
Semiconductors Technology | $1.8B | 1.50% | |
Internet Content & Information Communication Services | $1.4B | 1.18% |
