Korea Investment CORP Reduces Stake in T. Rowe Price Group

Asset management firm's shares sold by major institutional investor

Mar. 13, 2026 at 9:10am

Korea Investment CORP, a major institutional investor, reduced its stake in T. Rowe Price Group, Inc. (NASDAQ:TROW) by 39.8% in the 3rd quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm previously owned 70,606 shares of the asset manager's stock, valued at $7,247,000.

Why it matters

T. Rowe Price Group is a prominent asset management firm, and changes in major institutional holdings can signal shifts in investor sentiment or portfolio strategies. This reduction by Korea Investment CORP, a large South Korean sovereign wealth fund, may indicate broader market trends or changes in the firm's outlook on T. Rowe Price Group.

The details

According to the 13F filing, Korea Investment CORP sold 46,700 shares of T. Rowe Price Group during the 3rd quarter, reducing its total stake by 39.8%. The firm now holds 70,606 shares of the asset manager's stock. T. Rowe Price Group is a global investment management firm headquartered in Baltimore, Maryland, founded by Thomas Rowe Price Jr. in 1937.

  • Korea Investment CORP reduced its stake in T. Rowe Price Group in the 3rd quarter of 2026.

The players

Korea Investment CORP

A major South Korean sovereign wealth fund that reduced its stake in T. Rowe Price Group.

T. Rowe Price Group, Inc.

A global investment management firm headquartered in Baltimore, Maryland, founded by Thomas Rowe Price Jr. in 1937.

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The takeaway

This reduction in holdings by a major institutional investor like Korea Investment CORP could signal broader market trends or changes in sentiment around T. Rowe Price Group. However, without additional context or commentary from the fund, it's difficult to draw definitive conclusions about the reasons behind the stake reduction.