Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in LPLA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5.0M | $1.50B | -0.3% | 6.203% | 0.03% |
| 2 | DODGE & COX | 4.1M | $1.25B | +5.0% | 5.171% | 0.69% |
| 3 | Boston Partners | 4.1M | $1.24B | +16.4% | 5.152% | 1.30% |
| 4 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.9M | $1.17B | +4.0% | 4.825% | 0.39% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.9M | $1.16B | — | 4.804% | 0.06% |
| 6 | JANUS HENDERSON GROUP PLC | 3.7M | $1.10B | +8.6% | 4.573% | 0.55% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 3.6M | $1.08B | — | 4.486% | 0.03% |
| 8 | PRINCIPAL FINANCIAL GROUP INC | 2.6M | $793.2M | +36.3% | 3.288% | 0.42% |
| 9 | SAMLYN CAPITAL, LLC | 2.3M | $698.9M | +47.1% | 2.897% | 12.00% |
| 10 | Capital World Investors | 2.3M | $695.7M | -36.2% | 2.884% | 0.09% |
| 11 | LONE PINE CAPITAL LLC | 2.0M | $616.7M | -1.2% | 2.556% | 4.92% |
| 12 | ALLIANCEBERNSTEIN L.P. | 1.6M | $561.5M | +31.1% | 1.960% | 0.18% |
| 13 | STATE STREET CORP | 1.9M | $560.5M | +1.1% | 2.324% | 0.02% |
| 14 | WCM INVESTMENT MANAGEMENT, LLC | 1.7M | $520.6M | +0.8% | 2.163% | 1.19% |
| 15 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.7M | $505.4M | -26.9% | 2.095% | 1.48% |
| 16 | GEODE CAPITAL MANAGEMENT, LLC | 1.6M | $478.5M | +2.6% | 1.989% | 0.03% |
| 17 | FMR LLC | 1.3M | $390.4M | +95.2% | 1.618% | 0.02% |
| 18 | MORGAN STANLEY | 1.3M | $386.2M | -27.2% | 1.601% | 0.02% |
| 19 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 1.1M | $328.9M | -13.3% | 1.364% | 1.08% |
| 20 | SurgoCap Partners LP | 1.0M | $307.1M | +2.6% | 1.273% | 10.25% |
| 21 | CITADEL ADVISORS LLC | 974K | $293.1M | +130.1% | 1.215% | 0.14% |
| 22 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | 893K | $268.6M | +14.1% | 1.114% | 12.07% |
| 23 | WESTFIELD CAPITAL MANAGEMENT CO LP | 882K | $265.2M | +40.9% | 1.099% | 1.11% |
| 24 | DIMENSIONAL FUND ADVISORS LP | 816K | $245.6M | +3.5% | 1.018% | 0.05% |
| 25 | BANK OF AMERICA CORP /DE/ | 803K | $241.7M | +0.9% | 1.002% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in LPLA — a direct measure of their conviction.
Filings activity in LPLA during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 747 | 6.7% | 100.45% | 19.88 pp | $23.82B | 17% |
| Q4 2025 | 801 | +8.2% | 120.33% | +13.55 pp | $28.53B | +13% |
| Q3 2025 | 740 | 6.0% | 106.78% | 16.52 pp | $25.32B | 13% |
| Q2 2025 | 787 | +2.9% | 123.30% | +18.37 pp | $29.23B | +18% |
| Q1 2025 | 765 | +9.4% | 104.93% | +8.81 pp | $24.88B | +9.2% |
| Q4 2024 | 699 | +13% | 96.12% | +27.29 pp | $22.79B | +40% |
| Q3 2024 | 617 | 6.5% | 68.83% | 11.17 pp | $16.32B | 14% |
| Q2 2024 | 660 | — | 80.00% | — | $18.97B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying LPLA stock.
Based on Q1 2026 13F filings, institutional ownership of LPL Financial Holdings Inc. stands at 100.4%, held across 747 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of LPLA, with approximately 4,974,255 shares worth $1.50B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of LPLA, including LONE PINE CAPITAL LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for LPLA is 34 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
104 institutions opened new positions in LPLA during Q1 2026, while 158 fully exited. 136 added to existing positions and 501 trimmed.
LPLA institutional ownership fell by 19.88 percentage points quarter-over-quarter, with a net change of -54 holders.
The top 10 institutions account for 44.9% of all reported 13F value in LPLA, and the top 25 account for 69.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
LPL Financial Holdings Inc. (LPLA) Institutional Ownership