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https://i-invdn-com.akamaized.net/news/LYNXNPEAAP0BV_M.jpgThe T. Rowe Price Equity Income Fund’s holding in J.B.Hunt Transport Services Inc decreased to about 11 million shares with the transaction.
The T. Rowe Price Equity Income Fund first bought J.B.Hunt Transport Services Inc stock in the second quarter of 2004. The T. Rowe Price Equity Income Fund also owns Saia , Inc. (NASDAQ:SAIA), YRC Worldwide, Inc. (NASDAQ:YRCW), Amerco (NASDAQ:UHAL) and ArcBest Corporation (NASDAQ:ARCB). J.B.Hunt Transport Services Inc is its number one position by number of shares and market value among trucking stocks.
Other investors who also reduced their J.B.Hunt Transport Services Inc shares include Atlanta Capital Management, Barrow, Hanley, Mewhinney & Strauss, and Bridgewater Associates. Contrary to the T. Rowe Price Equity Income Fund, California State Teachers Retirement System and Standard Life (LON:SLA) Aberdeen added to JBHT shares, while PGGM Investments, M&G Investment Management, and Wealthfront Advisers introduced JBHT shares to their portfolio.
The T. Rowe Price Equity Income Fund also reduced their share in Becton Dickinson & Co. (NYSE:BDX), Sensata Technologies Holding N.V. (ST), Visteon Corp (NASDAQ:VC), Aptiv PLC (NYSE:APTV), Workday Inc A (NASDAQ:WDAY), Ollies Bargain Outlet Holdings Inc (OLLI), Carvana Co (NYSE:CVNA), DocuSign Inc (NASDAQ:DOCU), ShockWave Medical, Inc. (SWAV) and Alcon Inc. (NYSE:ALC). The total value of the shares sold is estimated at around $7.1 billion.
Additionally, 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), 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.