T. Rowe Price reports 19.1M PTC shares (16.0%)
PTC Inc. filing: T. Rowe Price Investment Management, Inc. amended a Schedule 13G to report 19,095,008 shares beneficially owned, representing 16.0% of the class.
Rhea-AI Filing Summary
PTC Inc. filing: T. Rowe Price Investment Management, Inc. amended a Schedule 13G to report 19,095,008 shares beneficially owned, representing 16.0% of the class. The filer reports 18,268,356 shares with sole voting power and 19,095,008 with sole dispositive power. The filing notes that some shares are held on behalf of clients, including T. Rowe Price Capital Appreciation Fund with 7,722,996 shares (6.5%), and affirms the adviser does not claim beneficial ownership for client-held assets.
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Insights
Large passive stake disclosed by an asset manager.
The filing shows 19,095,008 shares (16.0%) reported by T. Rowe Price Investment Management, Inc., with 18,268,356 shares carrying sole voting power. This indicates a significant institutional position in PTC disclosed under Schedule 13G/A.
Actual economic ownership is held for multiple clients; the filing specifically lists a fund holding 7,722,996 shares (6.5%). Subsequent filings may show changes if client mandates or discretionary allocations shift.
Amendment clarifies voting and dispositive powers and custodian relationships.
The amendment details sole voting power (18,268,356) and sole dispositive power (19,095,008), and includes a standard advisory disclosure that clients retain ultimate receipt rights for dividends and sale proceeds.
This statement distances the adviser from claiming direct beneficial ownership; it follows Schedule 13G/A practice for investment advisers and clarifies reportable percentages for regulatory transparency.
Key Figures
Key Terms
Schedule 13G/A regulatory
Sole dispositive power regulatory
Beneficial ownership regulatory
FAQ
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What stake did T. Rowe Price report in PTC (PTC)?
What voting and dispositive powers are reported in the Schedule 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.