Value-focused investor Hillman Capital Management significantly reduced its position in asset manager T. Rowe Price (TROW) during the second quarter of 2026. According to its quarterly 13F filing, the firm sold over 22,000 shares, cutting its stake by 86.06% to just 3,610 shares. The reported value of Hillman's holding fell from $2.33 million to approximately $410,000.
This trade information, filed with the SEC on August 14, 2026, reflects portfolio changes made between April 1 and June 30, 2026. The sale decreased T. Rowe Price's weight in Hillman's reported portfolio from 1.62% to 0.30%. During the second quarter, T. Rowe Price reported assets under management reaching a record $1.89 trillion but also experienced net client outflows of $6.5 billion.