Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lpl Finl Hldgs Inc (LPLA)

756 + Investors. Track Smart Money conviction in LPLA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
46%

Smart Money Signals — LPLA

Based on 766 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their LPLA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
766 funds currently hold this stock — 94% of the 3.0-year high of 818 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding LPLA is almost the same as a year ago (-20 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

356 buying412 selling
Last quarter: 412 funds reduced or exited vs 356 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~99 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 86 → 167 → 100 → 99. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 21% medium ■ 19% new
460 out of 766 hedge funds have held LPLA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +41%, value -5%

Value
-5%
Shares
+41%
Last quarter: funds added +41% more shares while total portfolio value only changed -5%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

132 → 86 → 167 → 100 → 99 new funds/Q
New funds entering each quarter: 86 → 167 → 100 → 99. LPLA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 65% veterans vs 22% newcomers

■ 65% veterans ■ 13% 1-2yr ■ 22% new
Entry-cohort mix of 786 holders: 509 (65%) are 2+ year veterans, 105 entered 1–2 years ago, and 172 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
65 of 760 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in LPLA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LPLA

In 2026 Q2, 356 hedge funds were net buyers of LPLA (99 opened a new position, 257 added to an existing one), while 412 reduced or exited (310 trimmed, 102 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 44% of total institutional value in LPLA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 766.

Hedge Fund Ownership: LPLA

How many hedge funds hold LPLA — quarterly history vs. share price
Quarterly hedge fund ownership of LPLA vs. share price

Market Analysis: LPLA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LPLA

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 10 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: LPLA
756 + Investors

Track Smart Money conviction in LPLA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 756 769 -1.69%
13F Shares 83M 83M 0.07%
Total Value $23.12B $24.48B -5.55%
New Positions 98 100 -2
Increased Positions 248 282 -34
Closed Positions 105 148 -43
Reduced Positions 302 261 +41
Total Calls 15 11 36.36%
Total Puts 10 15 -33.33%
PUT/CALL Ratio 0.67 1.36 Bullish

Statistics: LPLA

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Financial Highlights

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Institutional Holders (2026 Q2)

756 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LPLA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LPLA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Teca Partners, LP 13.18% 54,438 $15.3M
2 Darlington Partners Capital Management, LP 12.35% 993,006 $279.7M
3 Samlyn Capital, LLC 11.03% 2,405,639 $677.6M
4 SurgoCap Partners LP 9.68% 1,063,218 $299.5M
5 Solel Partners LP 6.56% 137,000 $38.6M
6 Azora Capital LP 6.24% 525,867 $148.1M
7 Heron Bay Capital Management 6.00% 235,259 $66.3M
8 Family Wealth Partners, LLC 5.97% 69,073 $19.5M
9 Fairview Capital Investment Management, LLC 5.69% 382,961 $107.9M
10 Lrz Capital LLC 5.67% 39,710 $11.2M
11 Heights Point Management, LP 5.58% 24,897 $7.0M
12 HMI Capital Management, L.P. 4.69% 118,600 $33.4M
13 Cander Asset Management LP 4.59% 88,037 $24.8M
14 Capricorn Fund Managers Ltd 4.33% 194,812 $54.9M
15 Karl Kapital LLC 3.80% 22,675 $6.4M
16 Winmill & CO. Inc 2.90% 46,500 $13.1M
17 Saraza Management, LP 2.75% 24,500 $6.9M
18 Prana Capital Management, LP 2.72% 318,896 $89.8M
19 Coronation Fund Managers Ltd. 2.69% 249,962 $70.4M
20 Iridian Asset Management LLC/Ct 2.64% 27,247 $7.7M
21 Goldentree Asset Management LP 2.54% 155,495 $43.7M
22 Foyston, Gordon & Payne Inc 2.20% 36,282 $10.3M
23 Lone Pine Capital LLC 2.10% 1,219,099 $343.4M
24 Clarkston Capital Partners, LLC 1.82% 76,499 $21.5M
25 Freshford Capital Management, LLC 1.60% 16,624 $4.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Lpl Finl Hldgs Inc (LPLA)

What does the Smart Money Trend signal show for LPLA?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their LPLA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for LPLA?

More sellers than buyers — 46% buying: Last quarter: 412 funds reduced or exited vs 356 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for LPLA holders?

Elite ownership — 44% AUM from top-100 funds: 65 of 760 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in LPLA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LPLA?

60% of holders stayed for 2+ years: 460 out of 766 hedge funds have held LPLA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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