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LPL Financial

611 hedge funds and large institutions have $15.1B invested in LPL Financial in 2023 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 229 increasing their positions, 231 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.82% less ownership

Funds ownership: 96.11%95.29% (-0.82%)

1% less repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 231

9% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 86

3% less funds holding

Funds holding: 628611 (-17)

7% less capital invested

Capital invested by funds: $16.3B → $15.1B (-$1.21B)

26% less call options, than puts

Call options by funds: $59.1M | Put options by funds: $80.3M

42% less funds holding in top 10

Funds holding in top 10: 1911 (-8)

Holders
611
Holders Change
-17
Holders Change %
-2.71%
% of All Funds
9.74%
Holding in Top 10
11
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-42.11%
% of All Funds
0.18%
New
78
Increased
229
Reduced
231
Closed
86
Calls
$59.1M
Puts
$80.3M
Net Calls
-$21.2M
Net Calls Change
-$20.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.61B +$84.5M +369,589 +5%
BlackRock
2
BlackRock
New York
$1.32B +$57.3M +250,448 +4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$867M +$472M +2,063,212 +93%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$669M -$35.9M -156,828 -5%
WCM Investment Management
5
WCM Investment Management
California
$499M -$21.1M -92,231 -4%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$408M -$610K -2,669 -0.1%
LPC
7
Lone Pine Capital
Connecticut
$376M -$33.8M -147,681 -7%
SC
8
Samlyn Capital
New York
$359M +$87M +380,373 +27%
State Street
9
State Street
Massachusetts
$346M +$15.8M +69,075 +4%
Millennium Management
10
Millennium Management
New York
$301M +$172M +753,938 +103%
CCP
11
Clarkston Capital Partners
Michigan
$300M +$2.97M +12,984 +0.9%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$295M +$30M +131,196 +10%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$273M -$40.2M -175,830 -12%
JP Morgan Chase
14
JP Morgan Chase
New York
$252M +$8.43M +36,875 +3%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$213M +$52M +227,528 +28%
N
16
Nuveen
North Carolina
$208M -$11.3M -49,317 -5%
AllianceBernstein
17
AllianceBernstein
Tennessee
$206M -$75M -328,068 -24%
ECU
18
Egerton Capital (UK)
United Kingdom
$206M -$47.7M -208,517 -17%
Norges Bank
19
Norges Bank
Norway
$206M +$2.56M +11,190 +1%
Capital Research Global Investors
20
Capital Research Global Investors
California
$204M -$173M -758,650 -43%
EAM
21
Eagle Asset Management
Florida
$156M -$34.8M -152,269 -17%
Aberdeen Group
22
Aberdeen Group
United Kingdom
$155M +$14.3M +62,772 +9%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$153M +$36M +157,317 +26%
EC
24
Eminence Capital
New York
$145M +$64.1M +280,540 +64%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$143M -$22.5M -98,427 -12%

LPLA Hedge Fund Activity: Q1 2023 in Review

611 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2023, worth a combined $15.1B — down 7.4% from $16.3B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of LPLA and 78 opened new positions — a net loss of 8 holders — while 231 trimmed existing stakes and 229 added.

The largest buyer was Fidelity Investments, adding an estimated $472M. The largest seller was Capital Research Global Investors, cutting an estimated $173M.

  • 611 institutional investors held LPL Financial (LPLA) as of Q1 2023, down from 628 in Q4 2022.
  • Funds reported $15.1B of LPL Financial stock for Q1 2023, down 7.4% quarter-over-quarter.
  • 78 funds opened new LPL Financial positions in Q1 2023 and 86 closed out, a net change of -8 holders.
  • The largest LPL Financial buyer in Q1 2023 was Fidelity Investments, an estimated $472M added.
  • The largest LPL Financial seller in Q1 2023 was Capital Research Global Investors, an estimated $173M sold.

Based on aggregated 13F filings for Q1 2023.