LPL Financial
LPLA
193 hedge funds and large institutions have $3.3B invested in LPL Financial in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 65 increasing their positions, 55 reducing their positions, and 37 closing their positions.
32% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 37
21% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $13.9M
18% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 55
11% more capital invested
Capital invested by funds: $2.96B → $3.3B (+$340M)
3% more funds holding
Funds holding: 188 → 193 (+5)
2.31% less ownership
Funds ownership: 94.26% → 91.94% (-2.3%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$137M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$57.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$46.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.7M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$40.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
FPR Partners
San Francisco,
California
|
-$137M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$108M |
| 3 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
-$99.2M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$49.4M |
| 5 |
HCM
HMI Capital Management
San Francisco,
California
|
-$35.4M |
LPLA Hedge Fund Activity: Q1 2017 in Review
193 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2017, worth a combined $3.3B — up 11% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LPLA positions and 37 closed out — a net gain of 12 holders — while 65 added to existing stakes and 55 trimmed.
The largest buyer was BlackRock, adding an estimated $137M. The largest seller was FPR Partners, cutting an estimated $137M.
- 193 institutional investors held LPL Financial (LPLA) as of Q1 2017, up from 188 in Q4 2016.
- Funds reported $3.3B of LPL Financial stock for Q1 2017, up 11% quarter-over-quarter.
- 49 funds opened new LPL Financial positions in Q1 2017 and 37 closed out, a net change of +12 holders.
- The largest LPL Financial buyer in Q1 2017 was BlackRock, an estimated $137M added.
- The largest LPL Financial seller in Q1 2017 was FPR Partners, an estimated $137M sold.
Based on aggregated 13F filings for Q1 2017.