LPL Financial
LPLA
168 hedge funds and large institutions have $4.3B invested in LPL Financial in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 61 reducing their positions, and 29 closing their positions.
200% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $3.59M
7% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 61
6% less funds holding
Funds holding: 178 → 168 (-10)
13% less capital invested
Capital invested by funds: $4.93B → $4.3B (-$622M)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$74.2M |
| 2 |
FP
FPR Partners
San Francisco,
California
|
+$37.8M |
| 3 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
+$33.8M |
| 4 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$23.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$107M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.2M |
| 3 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
-$24.4M |
| 4 |
Two Sigma Investments
New York
|
-$23.5M |
| 5 |
TCGI
Three Corner Global Investors
New York
|
-$11.8M |
LPLA Hedge Fund Activity: Q3 2015 in Review
168 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q3 2015, worth a combined $4.3B — down 13% from $4.93B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of LPLA and 21 opened new positions — a net loss of 8 holders — while 61 trimmed existing stakes and 65 added.
The largest buyer was First Pacific Advisors, adding an estimated $74.2M. The largest seller was William Blair & Company, cutting an estimated $107M.
- 168 institutional investors held LPL Financial (LPLA) as of Q3 2015, down from 178 in Q2 2015.
- Funds reported $4.3B of LPL Financial stock for Q3 2015, down 13% quarter-over-quarter.
- 21 funds opened new LPL Financial positions in Q3 2015 and 29 closed out, a net change of -8 holders.
- The largest LPL Financial buyer in Q3 2015 was First Pacific Advisors, an estimated $74.2M added.
- The largest LPL Financial seller in Q3 2015 was William Blair & Company, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2015.