Market Insider
- Stocks to Watch: RIMM, LULU, DAL & More
- Stocks to Watch: CHK, FB, VRTX & More
- June Could Be Turning Point for Markets, Economy
- Stocks to Watch: JCP, VRTX, CHK, FB & More
- Europe Has Wall Street's Bull on a Short Leash
- Hostage to Headlines
- Traders Worry Over 'Possible Risks' During Long Weekend
- Oil Declines, but Doesn't Help European Consumers
- Facebook Analyst Reports All Over the Map
- More Fallout From the Facebook Fiasco
EDITOR
RSS FEED
T. Rowe Price's Facebook Investments Grow to $408 Million
Text Size 
Senior Editor, CNBC
T. Rowe Price tells CNBC that 19 of its mutual funds are holding private investments in Facebook worth a total $408 million, as of Dec. 31.
That number is up from the $190.5 million in Facebook shares the mutual fund company had disclosed back in April of last year.
A T. Rowe Price spokesperson confirmed that additional shares were been purchased since April 2011 for its funds but cannot confirm how much of the change is due to an increase in valuation versus additional share purchases.
Of the 19 funds, only one has more than one percent of its holdings in shares of Facebook: T. Rowe’s Media & Telecommunications Fund.
Anyone and everyone who has a stake in Facebook is being counted and courted this week. StreetInsider.com has identified at least four other publicly traded companies that own shares including: GSV Capital [GSVC
Loading...
()
], Firsthand Technology Fund [SVVC
Loading...
()
], Microsoft [MSFT
Loading...
()
] and Goldman Sachs [GS
Loading...
()
].
Facebook is widely expected to file paperwork with the SEC this week for its public offering of shares sometime later this year.
- Companies that establish sustainable principles are positioned for long-term success, says this blogger.
- Advanced manufacturing is about customization, high-precision and performance. And it’s everywhere.
- Many veterans are turning to franchising as a way to make a living once they are out of the military.
- Have you ever wished you could just quit your job and follow your dream? These people have.
- Emerging-market bulls should look to Brazil, South Africa and Russia, as well as Thailand and South Korea.
- Some beers are better than others. An annual competition chose the ones that are the best.
Data is a real-time snapshot *Data is delayed at least 15 minutes
