Who owns LPLA (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-Q1 13F filings. 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
135 tracked funds added or opened LPLA while 317 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.2% 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 2025-Q4 and 2026-Q1, across 763 tracked filers holding LPLA, 375 increased or opened the position and 419 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 2025-Q4 and 2026-Q1 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 49
- VANGUARD PORTFOLIO MANAGEMENT LLC$1.2B
- VANGUARD CAPITAL MANAGEMENT LLC$1.1B
- VANGUARD FIDUCIARY TRUST CO$153M
- Prana Capital Management, LP$74M
- Alyeska Investment Group, L.P.$47M
- VANGUARD ASSET MANAGEMENT, Ltd$41M
Full exits 61
- VANGUARD GROUP INC$2.9B
- Third Point LLC$182M
- Railway Pension Investments Ltd$159M
- EMINENCE CAPITAL, LP$158M
- Egerton Capital (UK) LLP$91M
- TREMBLANT CAPITAL GROUP$79M
Largest adds
- MILLENNIUM MANAGEMENT LLC$159M
- FMR LLC$153M
- CITADEL ADVISORS LLC$150M
- SAMLYN CAPITAL, LLC$135M
- ALLIANCEBERNSTEIN L.P.$133M
- VAN ECK ASSOCIATES CORP$125M
Largest trims
- BlackRock, Inc.$675M
- Capital World Investors$599M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$316M
- MORGAN STANLEY$244M
- JPMORGAN CHASE & CO$190M
- DODGE & COX$163M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| DODGE & COX added | 4,146,547 | $1.2B | 4.6% | 2026-Q1 |
| Boston Partners added | 4,131,498 | $1.2B | 4.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 3,869,359 | $1.2B | 4.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 3,851,978 | $1.2B | 4.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 3,679,279 | $1.1B | 4.1% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 3,666,780 | $1.1B | 4.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,596,968 | $1.1B | 4.0% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 2,636,544 | $793M | 2.9% | 2026-Q1 |
| SAMLYN CAPITAL, LLC added | 2,323,360 | $699M | 2.6% | 2026-Q1 |
| Capital World Investors trimmed | 2,312,446 | $696M | 2.5% | 2026-Q1 |
| LONE PINE CAPITAL LLC trimmed | 2,049,967 | $617M | 2.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,571,998 | $561M | 2.1% | 2026-Q1 |
| STATE STREET CORP added | 1,863,266 | $561M | 2.1% | 2026-Q1 |
| WCM INVESTMENT MANAGEMENT, LLC added | 1,734,395 | $521M | 1.9% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 1,680,090 | $505M | 1.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,594,750 | $479M | 1.8% | 2026-Q1 |
| FMR LLC added | 1,296,944 | $390M | 1.4% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,283,665 | $386M | 1.4% | 2026-Q1 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed | 1,093,406 | $329M | 1.2% | 2026-Q1 |
| SurgoCap Partners LP added | 1,020,839 | $307M | 1.1% | 2026-Q1 |
| NORGES BANK trimmed | 928,320 | $304M | 1.1% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 1,002,977 | $302M | 1.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 923,471 | $278M | 1.0% | 2026-Q1 |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP added | 893,006 | $269M | 1.0% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 890,253 | $268M | 1.0% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 881,506 | $265M | 1.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 816,367 | $246M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 803,428 | $242M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 790,730 | $237M | 0.9% | 2026-Q1 |
| APG Asset Management N.V. added | 772,692 | $202M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 666,069 | $200M | 0.7% | 2026-Q1 |
| UBS Group AG added | 653,883 | $197M | 0.7% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 591,666 | $178M | 0.7% | 2026-Q1 |
| Markel Group Inc. | 559,951 | $168M | 0.6% | 2026-Q1 |
| TD Asset Management Inc trimmed | 554,133 | $167M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 525,446 | $158M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 508,294 | $153M | 0.6% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 498,623 | $150M | 0.5% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 487,789 | $147M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 440,464 | $133M | 0.5% | 2026-Q1 |
| Azora Capital LP trimmed | 427,338 | $129M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 420,689 | $127M | 0.5% | 2026-Q1 |
| Holocene Advisors, LP added | 417,647 | $126M | 0.5% | 2026-Q1 |
| Epoch Investment Partners, Inc. trimmed | 408,301 | $123M | 0.4% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 405,812 | $122M | 0.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 402,014 | $121M | 0.4% | 2026-Q1 |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC trimmed | 391,686 | $118M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp added | 383,839 | $115M | 0.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 364,760 | $110M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 360,806 | $109M | 0.4% | 2026-Q1 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 348,101 | $105M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 336,764 | $101M | 0.4% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 328,874 | $99M | 0.4% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 329,270 | $99M | 0.4% | 2026-Q1 |
| Cantillon Capital Management LLC trimmed | 324,927 | $98M | 0.4% | 2026-Q1 |
| First Pacific Advisors, LP trimmed | 320,624 | $96M | 0.4% | 2026-Q1 |
| Invesco Ltd. trimmed | 318,669 | $96M | 0.4% | 2026-Q1 |
| Coronation Fund Managers Ltd. added | 290,443 | $87M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 287,069 | $86M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 264,733 | $80M | 0.3% | 2026-Q1 |
| Heron Bay Capital Management added | 249,212 | $75M | 0.3% | 2026-Q1 |
| Prana Capital Management, LP added | 247,123 | $74M | 0.3% | 2026-Q1 |
| Junto Capital Management LP added | 238,515 | $72M | 0.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 204,248 | $61M | 0.2% | 2026-Q1 |
| GILDER GAGNON HOWE & CO LLC trimmed | 194,726 | $59M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 167,681 | $50M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 167,528 | $50M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 165,818 | $50M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 164,557 | $50M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 157,829 | $47M | 0.2% | 2026-Q1 |
| Alyeska Investment Group, L.P. added | 155,438 | $47M | 0.2% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 146,193 | $44M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 143,288 | $43M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 142,118 | $43M | 0.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 141,911 | $43M | 0.2% | 2026-Q1 |
| National Pension Service added | 140,551 | $42M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 136,888 | $41M | 0.2% | 2026-Q1 |
| DIAMOND HILL CAPITAL MANAGEMENT INC added | 136,548 | $41M | 0.2% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 135,324 | $41M | 0.1% | 2026-Q1 |
| JENNISON ASSOCIATES LLC added | 135,221 | $41M | 0.1% | 2026-Q1 |
| Ceredex Value Advisors LLC added | 132,920 | $40M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 128,597 | $39M | 0.1% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 127,421 | $38M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 8,072,370 | $2.9B | 10.6% | 2025-Q4 stale |
| Winslow Capital Management, LLC trimmed | 1,183,069 | $444M | 1.6% | 2025-Q2 stale |
| Third Point LLC trimmed | 510,000 | $182M | 0.7% | 2025-Q4 stale |
| AGF MANAGEMENT LTD trimmed | 537,275 | $179M | 0.7% | 2025-Q3 stale |
| Railway Pension Investments Ltd added | 445,280 | $159M | 0.6% | 2025-Q4 stale |
| EMINENCE CAPITAL, LP trimmed | 441,845 | $158M | 0.6% | 2025-Q4 stale |
| Palestra Capital Management LLC trimmed | 379,934 | $142M | 0.5% | 2025-Q2 stale |
| Artisan Partners Limited Partnership trimmed | 367,426 | $138M | 0.5% | 2025-Q2 stale |
| HMI Capital Management, L.P. trimmed | 286,711 | $94M | 0.3% | 2025-Q1 stale |
| Egerton Capital (UK) LLP trimmed | 254,813 | $91M | 0.3% | 2025-Q4 stale |
| TREMBLANT CAPITAL GROUP new | 222,165 | $79M | 0.3% | 2025-Q4 stale |
| Employees Retirement System of Texas added | 176,200 | $63M | 0.2% | 2025-Q4 stale |
| TWINBEECH CAPITAL LP added | 133,319 | $50M | 0.2% | 2025-Q2 stale |
| HARRIS ASSOCIATES L P trimmed | 135,474 | $44M | 0.2% | 2025-Q1 stale |
| Bridgewater Associates, LP trimmed | 118,294 | $42M | 0.2% | 2025-Q4 stale |
| Southpoint Capital Advisors LP | 115,000 | $41M | 0.2% | 2025-Q4 stale |
| SOROS FUND MANAGEMENT LLC trimmed | 125,000 | $41M | 0.1% | 2025-Q1 stale |
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.