SPO Advisory’s LPL Financial LPLA Stock Holding History

SPO Advisory’s Portfolio LPLA Stock Details LPLA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-2,239,826	Closed	-$147M	–	16
2018 Q2	$147M	Sell	2,239,826 -4,202,900	-65%	-$276M	3.09%	13
2018 Q1	$393M	Sell	6,442,726 -518,700	-7%	-$32.2M	8.1%	5
2017 Q4	$398M	Hold	6,961,426	–	–	8.25%	6
2017 Q3	$359M	Sell	6,961,426 -1,224,600	-15%	-$56.4M	7.15%	7
2017 Q2	$348M	Sell	8,186,026 -447,600	-5%	-$18.2M	6.83%	7
2017 Q1	$344M	Hold	8,633,626	–	–	6.21%	6
2016 Q4	$304M	Hold	8,633,626	–	–	6.25%	6
2016 Q3	$258M	Hold	8,633,626	–	–	4.53%	8
2016 Q2	$195M	Buy	8,633,626 +10	+0%	+$251	3.89%	9
2016 Q1	$214M	Buy	8,633,616 +62,680	+0.7%	+$1.69M	3.92%	8
2015 Q4	$366M	Sell	8,570,936 -140,000	-2%	-$5.96M	6.4%	7
2015 Q3	$346M	Sell	8,710,936 -63,864	-0.7%	-$2.75M	5.86%	7
2015 Q2	$408M	Buy	8,774,800 +2,908,600	+50%	+$126M	6.1%	7
2015 Q1	$257M	Buy	5,866,200 +339,300	+6%	+$15M	3.54%	9
2014 Q4	$246M	Buy	+5,526,900	New	+$238M	3.28%	9

Other funds holding LPLA

Janus Henderson Group London $209B AUM 37.72% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

FPA

First Pacific Advisors El Segundo, California $8.09B AUM 21.95% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

FCM

Frontier Capital Management Boston, Massachusetts $10.7B AUM 67.78% 1-Year Est. Return

SCA

Southpoint Capital Advisors New York $4.4B AUM 49.36% 1-Year Est. Return

Samlyn Capital New York $6.14B AUM 42.05% 1-Year Est. Return

FCIM

Fairview Capital Investment Management Greenbrae, California $1.9B AUM 14.31% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

SPO Advisory's LPLA Position: Q3 2018 in Review

SPO Advisory sold out of LPL Financial (LPLA) in Q3 2018, closing a stake of 2,239,826 shares — an estimated $147M sold.

SPO Advisory first reported a position in LPLA in Q4 2014 and held it in 15 quarters. The position peaked at $408M in Q2 2015. 291 funds tracked by Wall St. Rank hold LPLA as of Q3 2018.

SPO Advisory reported no remaining LPL Financial position as of Q3 2018 after selling out during the quarter.
SPO Advisory sold 2,239,826 LPL Financial shares in Q3 2018, an estimated $147M.
SPO Advisory first reported a position in LPL Financial in Q4 2014 and held it in 15 quarters.
SPO Advisory's LPL Financial position peaked at $408M in Q2 2015.
291 funds tracked by Wall St. Rank held LPL Financial as of Q3 2018.

Based on SPO Advisory's 13F filing for Q3 2018, filed 14 Nov 2018.