LPL Financial
LPLA
202 hedge funds and large institutions have $4.78B invested in LPL Financial in 2014 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 46 increasing their positions, 97 reducing their positions, and 18 closing their positions.
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
12% more funds holding
Funds holding: 181 → 202 (+21)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
9% more capital invested
Capital invested by funds: $4.39B → $4.78B (+$389M)
53% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 97
56% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $2.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$450M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$272M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.9M |
| 4 |
Millennium Management
New York
|
+$23.9M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$202M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$107M |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$106M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$78.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$77.4M |
LPLA Hedge Fund Activity: Q1 2014 in Review
202 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2014, worth a combined $4.78B — up 8.9% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new LPLA positions and 18 closed out — a net gain of 23 holders — while 46 added to existing stakes and 97 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $450M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $202M.
- 202 institutional investors held LPL Financial (LPLA) as of Q1 2014, up from 181 in Q4 2013.
- Funds reported $4.78B of LPL Financial stock for Q1 2014, up 8.9% quarter-over-quarter.
- 41 funds opened new LPL Financial positions in Q1 2014 and 18 closed out, a net change of +23 holders.
- The largest LPL Financial buyer in Q1 2014 was Lone Pine Capital, an estimated $450M added.
- The largest LPL Financial seller in Q1 2014 was TPG Group Holdings (SBS) Advisors, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2014.