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LPL Financial

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.

New
Increased
Maintained
Reduced
Closed

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: 178168 (-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: 1513 (-2)

28% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 29

Holders
168
Holders Change
-10
Holders Change %
-5.62%
% of All Funds
4.69%
Holding in Top 10
13
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-13.33%
% of All Funds
0.36%
New
21
Increased
65
Reduced
61
Closed
29
Calls
$10.8M
Puts
$3.59M
Net Calls
+$7.18M
Net Calls Change
+$7.53M
Name Holding Trade Value Shares
Change
Change in
Stake
TGHSA
1
TPG Group Holdings (SBS) Advisors
Texas
$513M
FP
2
FPR Partners
California
$417M +$37.8M +878,742 +9%
SA
3
SPO Advisory
California
$346M -$2.75M -63,864 -0.7%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$316M -$3.08M -71,690 -0.9%
JHIU
5
Janus Henderson Investors US
Colorado
$256M +$1.57M +36,520 +0.6%
Vanguard Group
6
Vanguard Group
Pennsylvania
$208M +$1.96M +45,603 +0.9%
Invesco
7
Invesco
Georgia
$175M -$112K -2,605 -0.1%
FPA
8
First Pacific Advisors
California
$175M +$74.2M +1,725,510 +65%
SP
9
Stockbridge Partners
Massachusetts
$157M +$33.8M +785,730 +25%
Morgan Stanley
10
Morgan Stanley
New York
$143M -$7.2M -167,419 -4%
FCIM
11
Fairview Capital Investment Management
California
$140M +$3.31M +77,011 +2%
BBHC
12
Brown Brothers Harriman & Co
New York
$112M +$13.1M +304,300 +12%
Principal Financial Group
13
Principal Financial Group
Iowa
$106M +$16.3M +378,676 +17%
American Century Companies
14
American Century Companies
Missouri
$97.3M +$10.6M +245,300 +11%
BIT
15
BlackRock Institutional Trust
California
$87.7M +$8.09M +188,061 +9%
Citigroup
16
Citigroup
New York
$82.4M +$359K +8,353 +0.4%
ACH
17
ArrowMark Colorado Holdings
Colorado
$77.6M -$524K -12,182 -0.6%
HCM
18
HMI Capital Management
California
$73.4M +$18.5M +430,000 +30%
William Blair Investment Management
19
William Blair Investment Management
Illinois
$63.2M +$68.3M +1,588,057 New
State Street
20
State Street
Massachusetts
$43.4M +$3.42M +79,396 +8%
BFA
21
BlackRock Fund Advisors
California
$39.8M +$1.56M +36,337 +4%
VNIM
22
Vaughan Nelson Investment Management
Texas
$36.1M -$8.81M -204,700 -18%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$33.5M +$4.82M +112,149 +15%
Franklin Resources
24
Franklin Resources
California
$32.7M +$1.74M +40,421 +5%
ACM
25
AKRE Capital Management
Virginia
$29.8M -$24.4M -568,089 -43%

LPLA Hedge Fund Activity: Q3 2015 in Review

168 of the 3,582 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.