Who owns LPL Financial Holdings (LPLA)
Which tracked institutional funds hold LPLA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LPLA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
121 tracked funds added or opened LPLA while 254 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LPLA’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes LPLA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in LPLA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 725 tracked filers holding LPLA, 335 increased or opened the position and 422 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LPLA between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 42
- Jupiter Topco LLC$1.2B
- MARSHALL WACE, LLP$275M
- Castle Hook Partners LP$115M
- Qube Research & Technologies Ltd$97M
- Capricorn Fund Managers Ltd$55M
- Longaeva Partners L.P.$53M
Full exits 62
- JANUS HENDERSON GROUP PLC$1.1B
- Cantillon Capital Management LLC$98M
- Junto Capital Management LP$72M
- Amundi$38M
- WESTWOOD HOLDINGS GROUP INC$33M
- Ocean Park Asset Management, LLC$22M
Largest adds
- GOLDMAN SACHS GROUP INC$369M
- BlackRock, Inc.$226M
- Assenagon Asset Management S.A.$205M
- JANE STREET GROUP, LLC$151M
- Point72 Asset Management, L.P.$128M
- BNP PARIBAS FINANCIAL MARKETS$113M
Largest trims
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$757M
- LONE PINE CAPITAL LLC$273M
- MILLENNIUM MANAGEMENT LLC$210M
- ALLIANCEBERNSTEIN L.P.$145M
- MORGAN STANLEY$143M
- JPMORGAN CHASE & CO$132M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 4,732,991 | $1.3B | 6.2% | 2026-Q2 |
| DODGE & COX added | 4,578,679 | $1.3B | 6.0% | 2026-Q2 |
| Boston Partners added | 4,250,828 | $1.2B | 5.6% | 2026-Q2 |
| Jupiter Topco LLC new | 4,198,356 | $1.2B | 5.5% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 3,832,005 | $1.1B | 5.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 3,613,624 | $1.0B | 4.7% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 2,684,964 | $756M | 3.5% | 2026-Q2 |
| SAMLYN CAPITAL, LLC added | 2,405,639 | $678M | 3.2% | 2026-Q2 |
| Capital World Investors added | 2,343,266 | $660M | 3.1% | 2026-Q2 |
| STATE STREET CORP added | 1,934,239 | $545M | 2.5% | 2026-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC added | 1,810,058 | $487M | 2.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,695,954 | $478M | 2.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,502,575 | $422M | 2.0% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 1,458,759 | $414M | 1.9% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 1,434,522 | $404M | 1.9% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,385,759 | $417M | 1.9% | 2026-Q2 |
| LONE PINE CAPITAL LLC trimmed | 1,219,099 | $343M | 1.6% | 2026-Q2 |
| SurgoCap Partners LP added | 1,063,218 | $299M | 1.4% | 2026-Q2 |
| NORGES BANK added | 1,054,523 | $297M | 1.4% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 1,048,344 | $295M | 1.4% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed | 1,031,243 | $290M | 1.4% | 2026-Q2 |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP added | 993,006 | $280M | 1.3% | 2026-Q2 |
| FMR LLC trimmed | 981,391 | $276M | 1.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 975,627 | $275M | 1.3% | 2026-Q2 |
| MORGAN STANLEY trimmed | 861,982 | $243M | 1.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 820,595 | $231M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 815,663 | $230M | 1.1% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP trimmed | 793,061 | $223M | 1.0% | 2026-Q2 |
| Assenagon Asset Management S.A. added | 747,086 | $210M | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 645,369 | $182M | 0.8% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 642,765 | $181M | 0.8% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 642,484 | $181M | 0.8% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 578,032 | $163M | 0.8% | 2026-Q2 |
| Markel Group Inc. | 559,951 | $158M | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 540,254 | $152M | 0.7% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 539,921 | $152M | 0.7% | 2026-Q2 |
| Azora Capital LP added | 525,867 | $148M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 510,067 | $144M | 0.7% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 508,634 | $143M | 0.7% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 507,345 | $143M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 481,371 | $136M | 0.6% | 2026-Q2 |
| Holocene Advisors, LP added | 462,479 | $130M | 0.6% | 2026-Q2 |
| TD Asset Management Inc trimmed | 461,374 | $130M | 0.6% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 448,361 | $126M | 0.6% | 2026-Q2 |
| Epoch Investment Partners, Inc. added | 447,634 | $126M | 0.6% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 443,434 | $125M | 0.6% | 2026-Q2 |
| APG Asset Management N.V. trimmed | 437,217 | $108M | 0.5% | 2026-Q2 |
| Castle Hook Partners LP added | 406,916 | $115M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 392,561 | $106M | 0.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 387,223 | $109M | 0.5% | 2026-Q2 |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC trimmed | 382,961 | $108M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 350,265 | $99M | 0.5% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 349,248 | $98M | 0.5% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 344,500 | $97M | 0.5% | 2026-Q2 |
| First Pacific Advisors, LP added | 321,244 | $90M | 0.4% | 2026-Q2 |
| Prana Capital Management, LP added | 318,896 | $90M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 290,125 | $82M | 0.4% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 289,000 | $81M | 0.4% | 2026-Q2 |
| Legal & General Group Plc trimmed | 283,459 | $80M | 0.4% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 282,638 | $80M | 0.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 252,965 | $71M | 0.3% | 2026-Q2 |
| Coronation Fund Managers Ltd. trimmed | 249,962 | $70M | 0.3% | 2026-Q2 |
| Heron Bay Capital Management trimmed | 235,259 | $66M | 0.3% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 231,867 | $65M | 0.3% | 2026-Q2 |
| SCS Capital Management LLC added | 213,511 | $60M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 206,159 | $58M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 205,383 | $58M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 201,840 | $57M | 0.3% | 2026-Q2 |
| Capricorn Fund Managers Ltd new | 194,812 | $55M | 0.3% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC trimmed | 193,037 | $54M | 0.3% | 2026-Q2 |
| Longaeva Partners L.P. new | 186,650 | $53M | 0.2% | 2026-Q2 |
| Freestone Grove Partners LP added | 178,123 | $50M | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 167,647 | $47M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 162,530 | $46M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 161,641 | $46M | 0.2% | 2026-Q2 |
| National Pension Service added | 161,309 | $45M | 0.2% | 2026-Q2 |
| GOLDENTREE ASSET MANAGEMENT LP new | 155,495 | $44M | 0.2% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 155,023 | $44M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 153,531 | $43M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 151,660 | $43M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 146,208 | $41M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 143,696 | $40M | 0.2% | 2026-Q2 |
| Hudson Bay Capital Management LP added | 138,214 | $39M | 0.2% | 2026-Q2 |
| Solel Partners LP added | 137,000 | $39M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 134,652 | $38M | 0.2% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 131,278 | $37M | 0.2% | 2026-Q2 |
| Diamond Hill Capital Management, LLC (Investment Advisor) trimmed | 129,413 | $36M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 124,822 | $35M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 121,799 | $34M | 0.2% | 2026-Q2 |
| Perpetual Ltd added | 121,468 | $34M | 0.2% | 2026-Q2 |
| HMI Capital Management, L.P. trimmed | 118,600 | $33M | 0.2% | 2026-Q2 |
| BAMCO INC /NY/ trimmed | 114,224 | $32M | 0.1% | 2026-Q2 |
| TORONTO DOMINION BANK added | 111,345 | $31M | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 109,073 | $31M | 0.1% | 2026-Q2 |
| Interval Partners, LP added | 108,628 | $31M | 0.1% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 107,383 | $30M | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 106,651 | $30M | 0.1% | 2026-Q2 |
| DANSKE BANK A/S trimmed | 97,361 | $27M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 97,060 | $27M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 95,357 | $27M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.