LPL Financial
LPLA
617 hedge funds and large institutions have $16.3B invested in LPL Financial in 2023 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 172 increasing their positions, 260 reducing their positions, and 72 closing their positions.
96% more call options, than puts
Call options by funds: $61.5M | Put options by funds: $31.4M
36% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 72
3% more funds holding
Funds holding: 597 → 617 (+20)
0.3% less ownership
Funds ownership: 94.99% → 94.69% (-0.3%)
5% less capital invested
Capital invested by funds: $17.1B → $16.3B (-$801M)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
34% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 260
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$202M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$138M |
| 3 |
Morgan Stanley
New York
|
+$124M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$118M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$171M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$113M |
| 3 |
Holocene Advisors
New York
|
-$104M |
| 4 |
BlackRock
New York
|
-$86M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$79.3M |
LPLA Hedge Fund Activity: Q4 2023 in Review
617 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q4 2023, worth a combined $16.3B — down 4.7% from $17.1B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new LPLA positions and 72 closed out — a net gain of 26 holders — while 172 added to existing stakes and 260 trimmed.
The largest buyer was Millennium Management, adding an estimated $202M. The largest seller was WCM Investment Management, cutting an estimated $171M.
- 617 institutional investors held LPL Financial (LPLA) as of Q4 2023, up from 597 in Q3 2023.
- Funds reported $16.3B of LPL Financial stock for Q4 2023, down 4.7% quarter-over-quarter.
- 98 funds opened new LPL Financial positions in Q4 2023 and 72 closed out, a net change of +26 holders.
- The largest LPL Financial buyer in Q4 2023 was Millennium Management, an estimated $202M added.
- The largest LPL Financial seller in Q4 2023 was WCM Investment Management, an estimated $171M sold.
Based on aggregated 13F filings for Q4 2023.