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LPL Financial

153 hedge funds and large institutions have $2.31B invested in LPL Financial in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 61 increasing their positions, 49 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $38.9M | Put options by funds: $15.4M

24% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 49

8% less funds holding

Funds holding: 166153 (-13)

23% less funds holding in top 10

Funds holding in top 10: 1310 (-3)

27% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 37

47% less capital invested

Capital invested by funds: $4.35B → $2.31B (-$2.04B)

Holders
153
Holders Change
-13
Holders Change %
-7.83%
% of All Funds
4.08%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.27%
New
27
Increased
61
Reduced
49
Closed
37
Calls
$38.9M
Puts
$15.4M
Net Calls
+$23.5M
Net Calls Change
+$26.9M
Name Holding Trade Value Shares
Change
Change in
Stake
FP
1
FPR Partners
California
$297M +$3.92M +145,029 +1%
SA
2
SPO Advisory
California
$214M +$1.69M +62,680 +0.7%
TGHSA
3
TPG Group Holdings (SBS) Advisors
Texas
$212M
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$168M -$35.9M -1,330,141 -16%
JHIU
5
Janus Henderson Investors US
Colorado
$154M -$11.2M -414,035 -6%
Vanguard Group
6
Vanguard Group
Pennsylvania
$137M +$4.23M +156,531 +3%
FCIM
7
Fairview Capital Investment Management
California
$123M +$36.7M +1,361,273 +38%
FPA
8
First Pacific Advisors
California
$121M +$9.7M +359,240 +8%
Invesco
9
Invesco
Georgia
$103M +$22.4M +829,701 +25%
SP
10
Stockbridge Partners
Massachusetts
$83.4M -$15.8M -585,584 -15%
BBHC
11
Brown Brothers Harriman & Co
New York
$78.1M +$424K +15,710 +0.5%
CCP
12
Clarkston Capital Partners
Michigan
$74.8M +$59.1M +2,188,710 +265%
HCM
13
HMI Capital Management
California
$68.9M +$20.5M +759,000 +38%
ACH
14
ArrowMark Colorado Holdings
Colorado
$53.3M +$18.4M +682,888 +47%
BIT
15
BlackRock Institutional Trust
California
$49.8M -$1.52M -56,227 -3%
DIG
16
Dragoneer Investment Group
California
$38.7M +$26M +962,840 +161%
State Street
17
State Street
Massachusetts
$29.4M +$1.95M +72,241 +6%
Norges Bank
18
Norges Bank
Norway
$21.4M +$7.66M +283,782 +49%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$20.8M -$331K -12,246 -1%
BFA
20
BlackRock Fund Advisors
California
$20.8M -$4.68M -173,385 -17%
Franklin Resources
21
Franklin Resources
California
$20.7M -$36.8K -1,362 -0.2%
ARTA
22
A.R.T. Advisors
New York
$11M +$12M +445,449 New
RJA
23
Raymond James & Associates
Florida
$10.3M +$8.42M +311,797 +299%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$9.19M +$200K +7,415 +2%
Northern Trust
25
Northern Trust
Illinois
$9.16M -$2.23M -82,574 -19%

LPLA Hedge Fund Activity: Q1 2016 in Review

153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2016, worth a combined $2.31B — down 47% from $4.35B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of LPLA and 27 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 61 added.

The largest buyer was Clarkston Capital Partners, adding an estimated $59.1M. The largest seller was Marcato Capital Management, exiting entirely with an estimated $258M sold.

  • 153 institutional investors held LPL Financial (LPLA) as of Q1 2016, down from 166 in Q4 2015.
  • Funds reported $2.31B of LPL Financial stock for Q1 2016, down 47% quarter-over-quarter.
  • 27 funds opened new LPL Financial positions in Q1 2016 and 37 closed out, a net change of -10 holders.
  • The largest LPL Financial buyer in Q1 2016 was Clarkston Capital Partners, an estimated $59.1M added.
  • The largest LPL Financial seller in Q1 2016 was Marcato Capital Management, an estimated $258M sold.

Based on aggregated 13F filings for Q1 2016.