Philadelphia Financial Management of San Francisco’s LPL Financial LPLA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-274,849	Closed	-$15.7M	–	49
2017 Q4	$15.7M	Buy	+274,849	New	+$15.7M	2.32%	20
2017 Q3	–	Sell	-292,709	Closed	-$12.4M	–	39
2017 Q2	$12.4M	Buy	+292,709	New	+$12.4M	2.23%	24