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LPL Financial

275 hedge funds and large institutions have $4.83B invested in LPL Financial in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 85 increasing their positions, 124 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.18% less ownership

Funds ownership: 92.57%91.39% (-1.2%)

6% less funds holding

Funds holding: 292275 (-17)

8% less capital invested

Capital invested by funds: $5.24B → $4.83B (-$403M)

17% less funds holding in top 10

Funds holding in top 10: 1210 (-2)

31% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 124

34% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 47

64% less call options, than puts

Call options by funds: $2.82M | Put options by funds: $7.78M

Holders
275
Holders Change
-17
Holders Change %
-5.82%
% of All Funds
6.13%
Holding in Top 10
10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-16.67%
% of All Funds
0.22%
New
31
Increased
85
Reduced
124
Closed
47
Calls
$2.82M
Puts
$7.78M
Net Calls
-$4.95M
Net Calls Change
-$6.89M
Name Holding Trade Value Shares
Change
Change in
Stake
WRF
26
Waddell & Reed Financial
Kansas
$40.7M +$5.83M +95,614 +17%
Citadel Advisors
27
Citadel Advisors
Florida
$39.4M +$32.5M +533,220 +475%
NMVA
28
New Mountain Vantage Advisers
New York
$35.3M -$58.1M -953,034 -62%
SFM
29
Soros Fund Management
New York
$34.9M
D.E. Shaw & Co
30
D.E. Shaw & Co
New York
$32.9M -$19.9M -327,080 -38%
Charles Schwab
31
Charles Schwab
California
$32.4M -$837K -13,727 -3%
Lord, Abbett & Co
32
Lord, Abbett & Co
New Jersey
$32.1M -$1.11M -18,200 -3%
JCM
33
Junto Capital Management
New York
$31.2M +$31.1M +510,240 New
O
34
OppenheimerFunds
New York
$27.9M -$126K -2,064 -0.5%
Point72 Asset Management
35
Point72 Asset Management
Connecticut
$26.6M -$20.8M -340,729 -44%
Bank of America
36
Bank of America
North Carolina
$25.6M +$1.83M +30,072 +8%
Northern Trust
37
Northern Trust
Illinois
$23.9M -$446K -7,320 -2%
ECM
38
Engle Capital Management
Connecticut
$23.8M +$1.04M +17,000 +5%
N
39
Nuveen
North Carolina
$22.2M +$2.36M +38,672 +12%
PPA
40
Parametric Portfolio Associates
Washington
$22.2M -$3.59M -58,843 -14%
Wells Fargo
41
Wells Fargo
California
$21.3M +$5.73M +94,027 +37%
HCM
42
HMI Capital Management
California
$20.8M -$6.04M -99,089 -23%
Millennium Management
43
Millennium Management
New York
$20.4M -$4.6M -75,499 -18%
RJA
44
Raymond James & Associates
Florida
$20.1M -$1.02M -16,803 -5%
Two Sigma Advisers
45
Two Sigma Advisers
New York
$19M -$3.99M -65,400 -17%
Jacobs Levy Equity Management
46
Jacobs Levy Equity Management
New Jersey
$18.3M -$2.3M -37,650 -11%
Allianz Asset Management
47
Allianz Asset Management
Germany
$18.1M +$1.19M +19,440 +7%
AllianceBernstein
48
AllianceBernstein
Tennessee
$17.1M +$232K +3,800 +1%
Prudential Financial
49
Prudential Financial
New Jersey
$16.6M +$15.5M +254,252 +1,458%
TA
50
Teachers Advisors
New York
$16.2M +$408K +6,685 +3%

LPLA Hedge Fund Activity: Q4 2018 in Review

275 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q4 2018, worth a combined $4.83B — down 7.7% from $5.24B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of LPLA and 31 opened new positions — a net loss of 16 holders — while 124 trimmed existing stakes and 85 added.

The largest buyer was American Century Companies, adding an estimated $46M. The largest seller was New Mountain Vantage Advisers, cutting an estimated $58.1M.

  • 275 institutional investors held LPL Financial (LPLA) as of Q4 2018, down from 292 in Q3 2018.
  • Funds reported $4.83B of LPL Financial stock for Q4 2018, down 7.7% quarter-over-quarter.
  • 31 funds opened new LPL Financial positions in Q4 2018 and 47 closed out, a net change of -16 holders.
  • The largest LPL Financial buyer in Q4 2018 was American Century Companies, an estimated $46M added.
  • The largest LPL Financial seller in Q4 2018 was New Mountain Vantage Advisers, an estimated $58.1M sold.

Based on aggregated 13F filings for Q4 2018.