This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPED0C0KP_M.jpg
The T. Rowe Price Equity Income Fund’s holding in Concho Resources Inc decreased to about 13 million shares with the transaction.
The T. Rowe Price Equity Income Fund first bought Concho Resources Inc stock in the third quarter of 2007. The T. Rowe Price Equity Income Fund also owns TC Energy Corporation (NYSE:TRP), Total SE (TOT), Enbridge Inc (NYSE:ENB) and Ovintiv Inc (NYSE:OVV). Concho Resources Inc is its number five position by number of shares and market value among oil & gas producers stocks.
Other investors who also reduced their Concho Resources Inc shares include California State Teachers Retirement System, Eaton Vance (NYSE:EV) Management, and Harris Associates. Contrary to the T. Rowe Price Equity Income Fund, Capital International Inc., Dodge & Cox, and Nikko Asset Management Americas added to CXO shares, while Cohen & Steers Inc., Manning & Napier Group, and Rothschild Asset Management established new holdings in Concho Resources Inc.
The T. Rowe Price Equity Income Fund also reduced their share in Quidel Corporation (NASDAQ:QDEL), Becton Dickinson & Co. (NYSE:BDX), J.B.Hunt Transport Services Inc (JBHT), Sensata Technologies Holding N.V. (ST), Visteon Corp (NASDAQ:VC), Aptiv PLC (NYSE:APTV), Proofpoint Inc (NASDAQ:PFPT), Workday Inc A (NASDAQ:WDAY), Ollies Bargain Outlet Holdings Inc (OLLI), Carvana Co (NYSE:CVNA), DocuSign Inc (NASDAQ:DOCU), Endava plc (NYSE:DAVA), ShockWave Medical, Inc. (SWAV) and Alcon Inc. (NYSE:ALC). The total value of the shares sold is estimated at around $8 billion.
In addition, the T. Rowe Price Equity Income Fund added to their share in Enerpac Tool Group Corp. (NYSE:EPAC), Vail Resorts Inc (NYSE:MTN), Packaging Corp of America (NYSE:PKG), Lumber Liquidators Holdings, In (NYSE:LL), Howard Bancorp, Inc. (NASDAQ:HBMD), Clearwater Paper Corporation (NYSE:CLW), Thermon Group Holdings, Inc. (NYSE:THR), Dunkin Brands Group Inc (DNKN), Matson , Inc. (NYSE:MATX), Constellium SE (NYSE:CSTM), Wix.com Ltd (NASDAQ:WIX), Xencor, Inc. (NASDAQ:XNCR), Professional Holding Corp. (PFHD), Planet Fitness Inc (NYSE:PLNT), MyoKardia, Inc. (NASDAQ:MYOK), Match Group, Inc (NASDAQ:MTCH), Bill.com Holdings, Inc. (NYSE:BILL), Slack Technologies Inc (NYSE:WORK), NexTier Oilfield Solutions Inc. (NEX), Avalara, Inc. (NYSE:AVLR), Palomar Holdings, Inc. (NASDAQ:PLMR), Crowdstrike Holdings (CRWD) and RAPT Therapeutics, Inc. (NASDAQ:RAPT). The total value of the shares bought is estimated at around $6.5 billion.
