0001546190-13-000003.txt : 20130214 0001546190-13-000003.hdr.sgml : 20130214 20130214153707 ACCESSION NUMBER: 0001546190-13-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LPL Financial Holdings Inc. CENTRAL INDEX KEY: 0001397911 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] IRS NUMBER: 203717839 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85282 FILM NUMBER: 13613046 BUSINESS ADDRESS: STREET 1: 75 STATE STREET STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617 423 3644 MAIL ADDRESS: STREET 1: 75 STATE STREET STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: LPL Investment Holdings Inc. DATE OF NAME CHANGE: 20070427 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FPR PARTNERS LLC CENTRAL INDEX KEY: 0001546190 IRS NUMBER: 364616234 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 199 FREMONT STREET STREET 2: SUITE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-284-8888 MAIL ADDRESS: STREET 1: 199 FREMONT STREET STREET 2: SUITE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 SC 13G 1 fpr13glpla021413.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* LPL Financial Holdings Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 50212V100 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2012 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| Rule 13d-1(c) |_| Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). -------------------------------------------------------------------------------- SCHEDULE 13G ------------------------- ------------------------- CUSIP NO. 50212V100 Page 2 of 6 -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FPR Partners, LLC -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 7,730,244 NUMBER OF --------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH --------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH: 7,730,244 --------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,730,244 -------------------------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.1% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON (See Instructions) IA -------------------------------------------------------------------------------- SCHEDULE 13G ------------------------- ------------------------- CUSIP NO. 50212V100 Page 3 of 6 -------------------------------------------------------------------------------- Item 1. Issuer ------ (a) Name of Issuer: -------------- LPL Financial Holdings Inc. (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 75 State Street Boston, MA 02109 Item 2. Identity And Background ----------------------- (a) Name of Person Filing: --------------------- FPR Partners, LLC (b) Address of Principal Business Office or, if none, Residence: ----------------------------------------------------------- 199 Fremont Street, Suite 2500 San Francisco, CA 94105-2261 (c) Citizenship: ----------- Delaware (d) Title of Class of Securities: ---------------------------- Common Stock (e) CUSIP Number: ------------ 50212V100 SCHEDULE 13G ------------------------- ------------------------- CUSIP NO. 50212V100 Page 4 of 6 -------------------------------------------------------------------------------- Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: --------------------------------------------------------- (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) [X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). Item 4. Ownership --------- (a) Amount beneficially owned: 7,730,244 (b) Percent of class: 7.1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 7,730,244 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 7,730,244 (iv) Shared power to dispose or to direct the disposition of: 0 SCHEDULE 13G ------------------------- ------------------------- CUSIP NO. 50212V100 Page 5 of 6 -------------------------------------------------------------------------------- Item 5. Ownership Of Five Percent Or Less Of a Class -------------------------------------------- Not Applicable. Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person --------------------------------------------------------------- Not Applicable. Item 7. Identification And Classification Of The Subsidiary Which Acquired The ----------------------------------------------------------------------- Security Being Reported On By The Parent Holding Company -------------------------------------------------------- Not Applicable. Item 8. Identification And Classification Of Members Of The Group --------------------------------------------------------- Not Applicable. Item 9. Notice Of Dissolution Of Group ------------------------------ Not Applicable. Item 10. Certification ------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SCHEDULE 13G ------------------------- ------------------------- CUSIP NO. 50212V100 Page 6 of 6 -------------------------------------------------------------------------------- SIGNATURES ---------- After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2013 FPR Partners, LLC /s/ Siu Chiang ------------------------------------- Name: Siu Chiang Title: Chief Financial Officer