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LPL Financial Holdings Inc.

LPLA
Exchange
Nasdaq
Industry
Security & Commodity Brokers, Dealers, Exchanges & Services
SEC CIK
0001397911

In the last 90 days, LPL Financial Holdings Inc. insiders filed 0 open-market purchases and 4 sales; 768 institutions reported holding it in 13F filings for Q2 2026, worth $23.3B in total; superinvestors Lone Pine Capital and Markel Group hold it.

13F holders, Q4 2025

Institutional positions in LPL Financial Holdings Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
826
+78 vs. Q3 2025
Shares held
81.4M
+2.81M (+3.6%) vs. Q3 2025
Total value
$29.0B
+$2.92B (+11.2%) vs. Q3 2025
New holders
160
258 more added
Sold out
82
275 more reduced

11 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LPLA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 826 institutions
Q1 2021: 398 institutionsQ2 2021: 419 institutionsQ3 2021: 423 institutionsQ4 2021: 435 institutionsQ1 2022: 481 institutionsQ2 2022: 534 institutionsQ3 2022: 583 institutionsQ4 2022: 632 institutionsQ1 2023: 615 institutionsQ2 2023: 590 institutionsQ3 2023: 601 institutionsQ4 2023: 621 institutionsQ1 2024: 650 institutionsQ2 2024: 677 institutionsQ3 2024: 646 institutionsQ4 2024: 725 institutionsQ1 2025: 788 institutionsQ2 2025: 802 institutionsQ3 2025: 759 institutionsQ4 2025: 826 institutionsQ1 2026: 769 institutionsQ2 2026: 768 institutions
Value heldQ4 2025: $29.0B
Q1 2021: $11.0BQ2 2021: $10.3BQ3 2021: $12.1BQ4 2021: $12.3BQ1 2022: $14.3BQ2 2022: $15.1BQ3 2022: $17.2BQ4 2022: $16.5BQ1 2023: $15.1BQ2 2023: $15.6BQ3 2023: $17.1BQ4 2023: $16.2BQ1 2024: $19.2BQ2 2024: $20.1BQ3 2024: $16.8BQ4 2024: $23.3BQ1 2025: $25.5BQ2 2025: $29.8BQ3 2025: $26.1BQ4 2025: $29.0BQ1 2026: $24.8BQ2 2026: $23.3B
Institutions holding LPLA and their total value by quarter
QuarterHoldersValue
Q2 2026768$23.3B
Q1 2026769$24.8B
Q4 2025826$29.0B
Q3 2025759$26.1B
Q2 2025802$29.8B
Q1 2025788$25.5B
Q4 2024725$23.3B
Q3 2024646$16.8B
Q2 2024677$20.1B
Q1 2024650$19.2B
Q4 2023621$16.2B
Q3 2023601$17.1B
Q2 2023590$15.6B
Q1 2023615$15.1B
Q4 2022632$16.5B
Q3 2022583$17.2B
Q2 2022534$15.1B
Q1 2022481$14.3B
Q4 2021435$12.3B
Q3 2021423$12.1B
Q2 2021419$10.3B
Q1 2021398$11.0B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding LPL Financial Holdings Inc.; share changes are against Q3 2025.

Institutions holding LPLA in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc8,148,558$2.91B0.04%−155,210−1.9%Reduced
BlackRock, Inc.4,989,024$1.78B0.03%+12,507+0.3%Added
Dodge & Cox3,948,970$1.41B0.76%+619,715+18.6%Added
Massachusetts Financial Services Co3,719,447$1.33B0.43%+477,094+14.7%Added
Capital World Investors3,625,357$1.29B0.18%+996,806+37.9%Added
Boston Partners3,550,318$1.27B1.31%−119,008−3.2%Reduced
Janus Henderson Group PLC3,377,553$1.21B0.54%+280,202+9.0%Added
Kayne Anderson Rudnick Investment Management LLC2,298,547$821.0M2.20%−184,068−7.4%Reduced
Lone Pine Capital LLCSuperinvestorLone Pine Capital2,074,948$741.1M5.44%−180,766−8.0%Reduced
Principal Financial Group Inc1,934,483$691.0M0.35%−35,538−1.8%Reduced
State Street Corp1,843,135$658.3M0.02%+14,680+0.8%Added
Morgan Stanley1,763,263$629.8M0.04%+283,612+19.2%Added
WCM Investment Management, LLC1,721,473$619.3M1.28%−21,518−1.2%Reduced
Samlyn Capital, LLC1,579,259$564.1M9.00%+232,765+17.3%Added
Geode Capital Management, LLC1,554,814$553.9M0.03%+11,556+0.7%Added
Barrow Hanley Mewhinney & Strauss LLC1,261,285$450.5M1.50%+1,261,285New
Alliancebernstein L.P.1,199,344$428.4M0.14%+635,129+112.6%Added
JPMorgan Chase & Co1,197,366$427.7M0.03%+258,611+27.5%Added
Norges Bank1,040,445$371.6M0.04%+1,040,445New
SurgoCap Partners LP995,000$355.4M9.84%+722+0.1%Added
Bank of America Corp796,171$284.4M0.02%−81,861−9.3%Reduced
Dimensional Fund Advisors LP788,342$281.6M0.06%−59,474−7.0%Reduced
Darlington Partners Capital Management, LP783,006$279.7M11.19%−2,731−0.3%Reduced
Raymond James Financial Inc729,567$261.7M0.08%−94,700−11.5%Reduced
FMR LLC664,979$237.5M0.01%−456,944−40.7%Reduced
APG Asset Management N.V.743,717$226.2M0.64%−23,616−3.1%Reduced
TD Asset Management Inc633,192$226.2M0.18%−58,510−8.5%Reduced
Westfield Capital Management Co LP625,562$223.4M0.93%+50,100+8.7%Added
UBS Asset Management Americas Inc581,924$207.8M0.04%−7,567−1.3%Reduced
Markel Group Inc.SuperinvestorMarkel Group559,951$200.0M1.59%+6,630+1.2%Added
Northern Trust Corp515,460$184.1M0.02%−16,842−3.2%Reduced
Invesco Ltd.514,687$183.8M0.02%−24,757−4.6%Reduced
Third Point LLCSuperinvestorThird Point510,000$182.2M2.50%−84,143−14.2%Reduced
Van Eck Associates Corp493,788$176.4M0.15%+486,453+6,631.9%Added
Wells Fargo & Company486,928$173.9M0.03%−76,685−13.6%Reduced
Epoch Investment Partners, Inc.462,450$165.2M0.94%−20,248−4.2%Reduced
American Century Companies Inc455,761$162.8M0.08%+28,127+6.6%Added
Azora Capital LP448,189$160.1M10.08%+94,833+26.8%Added
Railway Pension Investments Ltd445,280$159.0M1.87%+81,880+22.5%Added
Eminence Capital, LP441,845$157.8M2.50%−145,779−24.8%Reduced
UBS Group AG428,755$153.1M0.03%+92,627+27.6%Added
Charles Schwab Investment Management Inc418,574$149.5M0.02%+13,422+3.3%Added
Fairview Capital Investment Management, LLC413,744$147.8M7.59%−24,161−5.5%Reduced
First Pacific Advisors, LP387,412$138.4M1.82%−56,091−12.6%Reduced
Cantillon Capital Management LLC369,068$131.8M0.71%+369,068New
Legal & General Group Plc368,301$131.5M0.03%+32,932+9.8%Added
Bank of New York Mellon Corp365,384$130.5M0.02%−87,090−19.2%Reduced
Caisse de Depot Et Placement du Quebec363,462$129.8M0.22%+52,530+16.9%Added
Holocene Advisors, LP362,364$129.4M0.27%+63,491+21.2%Added
Citadel Advisors LLC356,446$127.3M0.09%−27,905−7.3%Reduced
Envestnet Asset Management Inc352,940$126.1M0.04%−44,415−11.2%Reduced
Nomura Asset Management International Inc.328,926$117.5M0.18%+328,926New
Millennium Management LLC304,710$108.8M0.08%−748,458−71.1%Reduced
Clarkston Capital Partners, LLC301,484$107.7M2.49%−197,149−39.5%Reduced
Price T Rowe Associates Inc289,691$103.5M0.01%+18,678+6.9%Added
Goldman Sachs Group Inc279,485$99.8M0.01%−6,121−2.1%Reduced
Gilder Gagnon Howe & Co LLC259,070$92.5M0.98%−6,896−2.6%Reduced
Egerton Capital (UK) LLP254,813$91.0M0.99%+254,813New
Fort Washington Investment Advisors Inc251,397$89.8M0.48%+28,253+12.7%Added
Coronation Fund Managers Ltd.228,265$81.5M3.66%+40,292+21.4%Added
Tremblant Capital Group222,165$79.4M2.02%+222,165New
Truist Financial Corp206,345$73.7M0.10%−3,302−1.6%Reduced
Deutsche Bank AG188,100$67.2M0.02%+14,892+8.6%Added
Brown Brothers Harriman & Co187,084$66.8M0.36%−3,274−1.7%Reduced
Stifel Financial Corp181,199$64.7M0.06%−5,629−3.0%Reduced
Royal Bank of Canada180,720$64.5M0.01%−112,232−38.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.176,484$63.0M0.04%−7,190−3.9%Reduced
Employees Retirement System of Texas176,200$62.9M0.51%+14,700+9.1%Added
Bamco Inc175,245$62.6M0.17%−32,652−15.7%Reduced
Amundi170,754$61.0M0.02%+44,154+34.9%Added
Franklin Resources Inc161,772$57.8M0.01%−7,015−4.2%Reduced
Ameriprise Financial Inc161,410$57.6M0.01%+48,778+43.3%Added
Nuveen, LLC159,596$57.0M0.01%−29,329−15.5%Reduced
California Public Employees Retirement System152,668$54.5M0.03%−6,847−4.3%Reduced
Wellington Management Group LLP148,452$53.0M0.01%−11,752−7.3%Reduced
Westwood Holdings Group Inc.138,040$49.3M0.40%−52,049−27.4%Reduced
LPL Financial LLC134,639$48.1M0.01%+5,741+4.5%Added
Northwestern Mutual Wealth Management Co134,221$47.9M0.03%+32,800+32.3%Added
Junto Capital Management LP133,828$47.8M1.07%−217,382−61.9%Reduced
Jain Global LLC131,527$47.0M0.46%+129,739+7,256.1%Added
Allspring Global Investments Holdings, LLC124,728$45.1M0.07%−37,658−23.2%Reduced
National Pension Service126,025$45.0M0.03%+9,038+7.7%Added
Danske Bank A/S124,333$44.4M0.10%−7,099−5.4%Reduced
California State Teachers Retirement System119,651$42.7M0.04%+10.0%Added
Bridgewater Associates, LP118,294$42.3M0.15%−90,450−43.3%Reduced
PFA Pension, Forsikringsaktieselskab114,846$41.3M0.12%+114,846New
Southpoint Capital Advisors LP115,000$41.1M0.95%00.0%Unchanged
Renaissance Technologies LLC114,060$40.7M0.06%+31,460+38.1%Added
SEI Investments Co111,807$39.9M0.04%−11,928−9.6%Reduced
Jennison Associates LLC111,667$39.9M0.02%−993,283−89.9%Reduced
Ensign Peak Advisors, Inc109,878$39.2M0.07%−4,400−3.9%Reduced
Victory Capital Management Inc104,453$37.3M0.02%−13,704−11.6%Reduced
King Street Capital Management, L.P.104,000$37.1M5.13%+104,000New
Family Wealth Partners, LLC102,005$36.4M13.13%−3,639−3.4%Reduced
Perpetual Ltd101,433$36.2M0.52%+101,433New
Rhumbline Advisers100,756$36.0M0.03%−2,741−2.6%Reduced
Senator Investment Group LP100,000$35.7M1.43%+100,000New
Buckingham Strategic Partners99,810$35.6M0.44%−99,170−49.8%Reduced
Citigroup Inc99,156$35.4M0.02%−43,629−30.6%Reduced
First Trust Advisors LP98,528$35.2M0.03%−43,201−30.5%Reduced