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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
PAM
51
Panagora Asset Management
Massachusetts
$14.6M -$1.2M -19,640 -8%
Federated Hermes
52
Federated Hermes
Pennsylvania
$14.2M -$13.6M -222,904 -49%
MSL
53
Mackay Shields LLC
New York
$13.9M -$6.5M -106,690 -32%
EVM
54
Eaton Vance Management
Massachusetts
$13.7M
ZDA
55
Zweig-DiMenna Associates
New York
$13.2M -$2.05M -33,620 -13%
WCM
56
Wildcat Capital Management
New York
$12.7M
Principal Financial Group
57
Principal Financial Group
Iowa
$12.5M +$11.7M +191,292 +1,439%
UBS AM
58
UBS AM
Illinois
$12.3M +$1.7M +27,856 +16%
JP Morgan Chase
59
JP Morgan Chase
New York
$12.1M -$3.96M -64,887 -25%
Goldman Sachs
60
Goldman Sachs
New York
$11.9M -$8M -131,235 -40%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$11.1M -$2.79M -45,763 -20%
CAM
62
ClariVest Asset Management
California
$11M +$2.24M +36,726 +26%
First Trust Advisors
63
First Trust Advisors
Illinois
$10.7M -$5.15M -84,491 -33%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$10.2M -$874K -14,333 -8%
Swiss National Bank
65
Swiss National Bank
Switzerland
$9.57M
Lazard Asset Management
66
Lazard Asset Management
New York
$9.44M -$54.1K -887 -0.6%
PCM
67
Prana Capital Management
Connecticut
$9.41M +$6.91M +113,418 +279%
PMAM
68
Picton Mahoney Asset Management
Ontario, Canada
$8.93M +$8.91M +146,150 New
AL
69
AJO LP
Pennsylvania
$8.56M -$20.2M -331,748 -70%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$8.44M +$58.7K +963 +0.7%
OAM
71
Origin Asset Management
United Kingdom
$8.37M +$3.49M +57,300 +72%
CS
72
Credit Suisse
Switzerland
$7.83M -$187K -3,065 -2%
Russell Investments Group
73
Russell Investments Group
United Kingdom
$7.21M -$542K -8,898 -7%
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$6.65M +$285K +4,673 +4%
EGM
75
Engineers Gate Manager
New York
$6.61M +$6.21M +101,871 +1,601%

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.