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LPL Financial

137 hedge funds and large institutions have $2.85B invested in LPL Financial in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

290% more call options, than puts

Call options by funds: $11M | Put options by funds: $2.82M

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

35% more capital invested

Capital invested by funds: $2.12B → $2.85B (+$734M)

8% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 52

6% less funds holding

Funds holding: 145137 (-8)

29% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 24

Holders
137
Holders Change
-8
Holders Change %
-5.52%
% of All Funds
3.66%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.27%
New
17
Increased
48
Reduced
52
Closed
24
Calls
$11M
Puts
$2.82M
Net Calls
+$8.18M
Net Calls Change
+$9.55M
Name Holding Trade Value Shares
Change
Change in
Stake
FP
1
FPR Partners
California
$358M
SA
2
SPO Advisory
California
$258M
TGHSA
3
TPG Group Holdings (SBS) Advisors
Texas
$256M
JHIU
4
Janus Henderson Investors US
Colorado
$227M +$29.9M +1,106,142 +17%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$185M +$7.17M +265,065 +4%
FCIM
6
Fairview Capital Investment Management
California
$174M -$691K -25,542 -0.4%
Vanguard Group
7
Vanguard Group
Pennsylvania
$173M +$11M +405,827 +8%
FPA
8
First Pacific Advisors
California
$137M +$3.25K +120 +0%
Invesco
9
Invesco
Georgia
$125M +$27.2K +1,006 +0%
SP
10
Stockbridge Partners
Massachusetts
$119M
CCP
11
Clarkston Capital Partners
Michigan
$103M +$3.32M +122,650 +4%
ACH
12
ArrowMark Colorado Holdings
Colorado
$92.5M +$1.61M +59,379 +2%
BBHC
13
Brown Brothers Harriman & Co
New York
$87.2M -$2.77M -102,300 -3%
HCM
14
HMI Capital Management
California
$83.1M
BIT
15
BlackRock Institutional Trust
California
$60.3M -$338K -12,495 -0.6%
DIG
16
Dragoneer Investment Group
California
$53.5M +$936K +34,608 +2%
State Street
17
State Street
Massachusetts
$34.8M -$758K -28,005 -2%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$29.7M +$4.43M +163,843 +20%
BFA
19
BlackRock Fund Advisors
California
$29.1M +$1.39M +51,460 +6%
Norges Bank
20
Norges Bank
Norway
$24.1M +$702K +25,948 +3%
RJA
21
Raymond James & Associates
Florida
$17.3M +$2.04M +75,479 +15%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$16.4M +$594K +21,962 +4%
Charles Schwab
23
Charles Schwab
California
$12.6M +$3.59M +132,520 +46%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$11.5M -$682K -25,193 -6%
Northern Trust
25
Northern Trust
Illinois
$11.2M +$441K +16,309 +5%

LPLA Hedge Fund Activity: Q3 2016 in Review

137 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q3 2016, worth a combined $2.85B — up 35% from $2.12B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of LPLA and 17 opened new positions — a net loss of 7 holders — while 52 trimmed existing stakes and 48 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $29.9M. The largest seller was Federated Hermes, exiting entirely with an estimated $5.08M sold.

  • 137 institutional investors held LPL Financial (LPLA) as of Q3 2016, down from 145 in Q2 2016.
  • Funds reported $2.85B of LPL Financial stock for Q3 2016, up 35% quarter-over-quarter.
  • 17 funds opened new LPL Financial positions in Q3 2016 and 24 closed out, a net change of -7 holders.
  • The largest LPL Financial buyer in Q3 2016 was Janus Henderson Investors US, an estimated $29.9M added.
  • The largest LPL Financial seller in Q3 2016 was Federated Hermes, an estimated $5.08M sold.

Based on aggregated 13F filings for Q3 2016.