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LPL Financial

611 hedge funds and large institutions have $15.1B invested in LPL Financial in 2023 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 229 increasing their positions, 231 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.82% less ownership

Funds ownership: 96.11%95.29% (-0.82%)

1% less repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 231

9% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 86

3% less funds holding

Funds holding: 628611 (-17)

7% less capital invested

Capital invested by funds: $16.3B → $15.1B (-$1.21B)

26% less call options, than puts

Call options by funds: $59.1M | Put options by funds: $80.3M

42% less funds holding in top 10

Funds holding in top 10: 1911 (-8)

Holders
611
Holders Change
-17
Holders Change %
-2.71%
% of All Funds
9.74%
Holding in Top 10
11
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-42.11%
% of All Funds
0.18%
New
78
Increased
229
Reduced
231
Closed
86
Calls
$59.1M
Puts
$80.3M
Net Calls
-$21.2M
Net Calls Change
-$20.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$141M +$913K +3,993 +0.6%
DPCM
27
Darlington Partners Capital Management
California
$132M +$12.4M +54,272 +9%
VOYA Investment Management
28
VOYA Investment Management
Georgia
$125M -$6.11M -26,720 -4%
Westfield Capital Management
29
Westfield Capital Management
Massachusetts
$120M +$2.37M +10,373 +2%
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$106M +$20.6M +90,246 +21%
FCIM
31
Fairview Capital Investment Management
California
$106M -$2.19M -9,588 -2%
Deutsche Bank
32
Deutsche Bank
Germany
$106M +$21M +91,839 +21%
Northern Trust
33
Northern Trust
Illinois
$103M +$9.93M +43,431 +9%
Charles Schwab
34
Charles Schwab
California
$101M -$327K -1,431 -0.3%
Jacobs Levy Equity Management
35
Jacobs Levy Equity Management
New Jersey
$99.5M +$9.08M +39,722 +9%
FPA
36
First Pacific Advisors
California
$97.5M -$3.51M -15,333 -3%
ACH
37
ArrowMark Colorado Holdings
Colorado
$93.7M +$24.8M +108,426 +31%
Bank of America
38
Bank of America
North Carolina
$87M +$3.4M +14,852 +4%
Wells Fargo
39
Wells Fargo
California
$85.9M -$1.88M -8,241 -2%
American Century Companies
40
American Century Companies
Missouri
$83.6M -$8.81M -38,529 -9%
Legal & General Group
41
Legal & General Group
United Kingdom
$82.8M +$17.1M +74,650 +22%
AM
42
AGF Management
Ontario, Canada
$82M -$8M -35,000 -8%
Citadel Advisors
43
Citadel Advisors
Florida
$81.2M -$21.3M -92,975 -19%
JSP
44
Jackson Square Partners
California
$78.9M -$34.9M -152,611 -28%
Invesco
45
Invesco
Georgia
$72.9M -$71.3M -312,007 -46%
Goldman Sachs
46
Goldman Sachs
New York
$68.5M -$146M -640,229 -65%
RJA
47
Raymond James & Associates
Florida
$68M -$6.86M -30,012 -8%
AIM
48
Artemis Investment Management
United Kingdom
$65.3M -$7.38M -32,263 -9%
Victory Capital Management
49
Victory Capital Management
Texas
$62.6M +$8.93M +39,065 +14%
Allspring Global Investments
50
Allspring Global Investments
North Carolina
$58.8M -$39.9M -174,603 -38%

LPLA Hedge Fund Activity: Q1 2023 in Review

611 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2023, worth a combined $15.1B — down 7.4% from $16.3B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of LPLA and 78 opened new positions — a net loss of 8 holders — while 231 trimmed existing stakes and 229 added.

The largest buyer was Fidelity Investments, adding an estimated $472M. The largest seller was Capital Research Global Investors, cutting an estimated $173M.

  • 611 institutional investors held LPL Financial (LPLA) as of Q1 2023, down from 628 in Q4 2022.
  • Funds reported $15.1B of LPL Financial stock for Q1 2023, down 7.4% quarter-over-quarter.
  • 78 funds opened new LPL Financial positions in Q1 2023 and 86 closed out, a net change of -8 holders.
  • The largest LPL Financial buyer in Q1 2023 was Fidelity Investments, an estimated $472M added.
  • The largest LPL Financial seller in Q1 2023 was Capital Research Global Investors, an estimated $173M sold.

Based on aggregated 13F filings for Q1 2023.