LPL Financial
LPLA
397 hedge funds and large institutions have $11B invested in LPL Financial in 2021 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 124 increasing their positions, 142 reducing their positions, and 54 closing their positions.
56% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 54
37% more capital invested
Capital invested by funds: $8.07B → $11B (+$2.95B)
7% more funds holding
Funds holding: 372 → 397 (+25)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
0.6% less ownership
Funds ownership: 97.64% → 97.04% (-0.6%)
4% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $24.7M
13% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$245M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$196M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$108M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$82.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$243M |
| 2 |
SC
Samlyn Capital
New York
|
-$81.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$63.3M |
| 4 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$57.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$55.7M |
LPLA Hedge Fund Activity: Q1 2021 in Review
397 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2021, worth a combined $11B — up 37% from $8.07B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new LPLA positions and 54 closed out — a net gain of 30 holders — while 124 added to existing stakes and 142 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, opening a new position worth an estimated $245M. The largest seller was Wellington Management Group, cutting an estimated $243M.
- 397 institutional investors held LPL Financial (LPLA) as of Q1 2021, up from 372 in Q4 2020.
- Funds reported $11B of LPL Financial stock for Q1 2021, up 37% quarter-over-quarter.
- 84 funds opened new LPL Financial positions in Q1 2021 and 54 closed out, a net change of +30 holders.
- The largest LPL Financial buyer in Q1 2021 was Kayne Anderson Rudnick Investment Management, an estimated $245M added.
- The largest LPL Financial seller in Q1 2021 was Wellington Management Group, an estimated $243M sold.
Based on aggregated 13F filings for Q1 2021.