T Rowe Price Equity Income Fund manages a portfolio composed of 110 stocks with a total value of $21.024 billion. In both the second and third quarters the investment firm bought shares in the following stocks.
EQT Corp. (EQT)
In the second quarter, the guru increased its stake by 25.23% and increased it by 19.72% in the third quarter. The guru holds 0.56% of outstanding shares in the company, which is a natural gas exploration and production company. It conducts its business through two business segments, EQT Production and EQT Midstream.
The largest shareholder among the gurus is Chris Davis (Trades, Portfolio) with 1.41% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 0.92%, John Burbank (Trades, Portfolio) with 0.47%, Jim Simons (Trades, Portfolio) with 0.25%, RS Investment Management (Trades, Portfolio) with 0.05%, Pioneer Investments (Trades, Portfolio) with 0.04% and Ray Dalio (Trades, Portfolio) with 0.03%.
TE Connectivity Ltd. (TEL)
During the second quarter, the investor increased its stake by 79.10% and in the third quarter raised it by 29.27%. The investor holds 0.37% of outstanding shares in the company, which designs and manufactures electronic products that connect and protect the flow of power and data.
Dodge & Cox is the company's largest shareholder among the gurus with 8% of outstanding shares followed by First Pacific Advisors (Trades, Portfolio) with 1.94%, Steven Romick (Trades, Portfolio) with 1.47%, Bill Nygren (Trades, Portfolio) with 1.39%, Richard Pzena (Trades, Portfolio) with 0.25%, Joel Greenblatt (Trades, Portfolio) with 0.13% and Dalio with 0.03%.
Gilead Sciences Inc. (GILD)
In the second quarter, the firm slightly increased its stake by 1.58% and added a few more shares in the third quarter, increasing the stake by 3.64%. The guru holds 0.11% of outstanding shares in the company, a research-based biopharmaceutical company that discovers, develops and commercializes new medicines for different medical sectors.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 0.26% of outstanding shares followed by John Rogers (Trades, Portfolio) with 0.11%, Simons with 0.08%, Greenblatt with 0.08%, Burbank with 0.06%, David Carlson (Trades, Portfolio) with 0.06%, Steven Cohen (Trades, Portfolio) with 0.05%, Jerome Dodson (Trades, Portfolio) with 0.03% and Jeremy Grantham (Trades, Portfolio) with 0.03%.
Flowserve Corp. (FLS)
During the second quarter, the firm increased its stake by 136.83% and by 46.97% in the third quarter. The firm holds 1.86% of outstanding shares in the company, which develops and manufactures precision-engineered flow control equipment, such as pumps, valves and seals for critical service applications that require high reliability.
First Eagle Investment (Trades, Portfolio) is the company's largest shareholder among the gurus with 9.22% of outstanding shares followed by Manning & Napier Advisors Inc. with 3.13%, Mario Gabelli (Trades, Portfolio) with 2.09%, Charles de Vaulx (Trades, Portfolio) with 0.57%, Greenblatt with 0.31%, Meridian Funds (Trades, Portfolio) with 0.18%, Paul Tudor Jones (Trades, Portfolio) with 0.07% and Chuck Royce (Trades, Portfolio) with 0.06%.
Exelon Corp. (EXC)
In the second quarter, the investor slightly increased its stake by 7.69% and then boosted it by 42.68% in the third quarter. The investor holds 0.63% of outstanding shares in the company, which is a utility services holding company engaged through Generation in the energy generation business and through ComEd, PECO and BGE in the energy delivery businesses.
Another notable shareholder among the gurus is Charles Brandes (Trades, Portfolio) with 0.23% of outstanding shares followed by Simons with 0.18%, Pioneer Investments (Trades, Portfolio) with 0.15%, Cohen with 0.11%, Pzena with 0.07%, Richard Snow (Trades, Portfolio) with 0.02% and David Dreman (Trades, Portfolio) with 0.01%.
PepsiCo Inc. (PEP)
During the second quarter, the investor increased its stake by 8.53% and by 3.49% in the third quarter. The investor holds 0.16% of outstanding shares in the company, which is a food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.
Donald Yacktman (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.74% of outstanding shares followed by Ken Fisher (Trades, Portfolio) with 0.38%, Yacktman Fund (Trades, Portfolio) with 0.3%, Yacktman Focused Fund (Trades, Portfolio) with 0.17%, Pioneer Investments (Trades, Portfolio) with 0.16%, Grantham with 0.14% and Simons with 0.11%.
Citigroup Inc. (C)
In the second quarter, the guru increased its stake by 3.27% and in the third quarter increased it by 4.07%. The investor holds 0.2% of outstanding shares in the company, which is a financial services holding company. It provides financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 0.72% of outstanding shares followed by HOTCHKIS & WILEY with 0.62%, First Pacific Advisors (Trades, Portfolio) with 0.5%, Fisher with 0.41%, Romick with 0.36%, Diamond Hill Capital (Trades, Portfolio) with 0.35%, Nygren with 0.33% and Pzena with 0.33%.
Total SA ADRĂ‚ (TOT)
During the second quarter, the guru increased its stake 91.74% and in the third quarter increased it again by 23.20%. The investor holds 0.32% of outstanding shares in the company, which is an integrated oil and gas company. It explores and develops oil and gas properties, liquefied natural gas, petrochemicals and specialty chemicals. It is also engaged in trading and shipping of crude oil and petroleum products.
Cohen is another notable shareholder among the gurus with 0.03% of outstanding shares followed by Brandes with 0.03%, Sarah Ketterer (Trades, Portfolio) with 0.02%, Tweedy Browne (Trades, Portfolio) with 0.02% and Grantham with 0.01%.
Microsoft Corp. (MSFT)
In the second quarter the investor increased its stake by 6.27% and in the third quarter increase it 0.63%. The investor holds 0.1% of outstanding shares in the company, which is engaged in designing, manufacturing, selling devices and online advertising. Its products include operating systems for computing devices, servers, phones and other devices.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.75% of outstanding shares followed by Jeff Ubben (Trades, Portfolio) with 0.73%, Dodge & Cox with 0.66%, Barrow, Hanley, Mewhinney & Strauss with 0.32%, First Eagle Investment (Trades, Portfolio) with 0.32%, Fisher with 0.24%, Pioneer Investments (Trades, Portfolio) with 0.22%, Steve Mandel (Trades, Portfolio) with 0.22%, HOTCHKIS & WILEY with 0.2% and Grantham with 0.19%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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