On the 30th of September, the T. Rowe Price Equity Income Fund sold 2.8 million Visteon Corp (NASDAQ:VC) shares for $196 million at an average price of $69.22 per share. Shares of Visteon Corp are up 20.96% since the transaction.
The T. Rowe Price Equity Income Fund's holding in Visteon Corp decreased to about 1.3 million shares with the transaction.
The T. Rowe Price Equity Income Fund first bought Visteon Corp stock in the first quarter of 2011. The T. Rowe Price Equity Income Fund also owns Magna International , Inc. (NYSE:MGA), Gentherm Inc (NASDAQ:THRM), Stoneridge, Inc. (NYSE:SRI) and Horizon Global Corporation (NYSE:HZN). Visteon Corp is its number two position by number of shares and market value among automobile parts stocks.
Other investors who also reduced their Visteon Corp shares include Bridgewater Associates, California State Teachers Retirement System, and Marathon Asset Management LLP. In contrast, Barrow, Hanley, Mewhinney & Strauss, Eaton Vance (NYSE:EV) Management, and Hotchkis & Wiley Capital Management added to VC shares, while Point72 Asset Management and Squarepoint Ops introduced VC shares to their portfolio.
The T. Rowe Price Equity Income Fund also reduced their share in Becton Dickinson & Co. (NYSE:BDX), J.B.Hunt Transport Services Inc (JBHT), Sensata Technologies Holding N.V. (ST), 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 $7.5 billion.
In addition, the T. Rowe Price Equity Income Fund increased 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.