LPL Financial LLC MSTR — MICROSTRATEGY INC

Ownership history in LPL Financial LLC  ·  27 quarters on record

AI Ownership Summary

LPL Financial LLC reported MICROSTRATEGY INC (MSTR) in 27 quarterly 13F filings from 2023 Q4 through 2025 Q4. Peak portfolio weight reached 0.09% in 2025 Q2. The latest visible filing shows MSTR at 0.03% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this MSTR ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was LPL Financial LLC's position in MICROSTRATEGY INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

MSTR was reported at 0.03% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.09% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

MSTR stock page LPL Financial LLC fund profile LPL Financial LLC full holdings
How LPL Financial LLC held MSTR — position size vs. price
% of Fund (quarterly)    MSTR price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 15 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 ADDED — — — 615,877 +612,777 +19767.0% 0.03% $93.6M 2026-02-14 (Est.) $133.88
2025 Q4 REDUCED 49.2% -17.9% ✅ 3,100 -3,000 -49.2% 0.00% $471K 2026-02-14 (Est.) $133.88
2025 Q4 REDUCED 99.1% -17.9% ✅ 6,100 -637,458 -99.1% 0.00% $927K 2026-02-14 (Est.) $133.88
2025 Q3 ADDED — — — 643,558 +641,558 +32077.9% 0.06% $207.4M 2025-11-12 $224.61
2025 Q3 ADDED — — — 2,000 +800 +66.7% 0.00% $644K 2025-11-12 $224.61
2025 Q3 REDUCED 99.8% -51.8% ✅ 1,200 -650,003 -99.8% 0.00% $387K 2025-11-12 $224.61
2025 Q2 ADDED — — — 651,203 +650,403 +81300.4% 0.09% $263.2M 2025-08-12 $394.39
2025 Q2 REDUCED 99.9% -19.2% ✅ 800 -624,359 -99.9% 0.00% $323K 2025-08-12 $394.39
2025 Q1 ADDED — — — 625,159 +624,159 +62415.9% 0.07% $180.2M 2025-05-07 $392.48
2025 Q1 REDUCED 99.8% +40.2% ❌ 1,000 -520,414 -99.8% 0.00% $288K 2025-05-07 $392.48
2024 Q4 REDUCED — — — 521,414 -6,718 -1.3% 0.06% $151.0M 2025-02-11 $319.46
2024 Q3 ADDED — — — 528,132 +478,573 +965.7% 0.04% $89.0M 2024-11-08 $270.42
2024 Q2 ADDED — — — 49,559 +5,172 +11.7% 0.03% $68.3M 2024-08-07 $124.68
2024 Q1 ADDED — — — 44,387 +3,485 +8.5% 0.04% $75.7M 2024-05-10 $118.05
2023 Q4 ADDED — — — 40,902 +13,057 +46.9% 0.02% $25.8M 2024-02-14 $76.99
12 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding MSTR

As of 2026 Q1 — sorted by position size

Turner Capital Investments, LLC 100.0% Strong Tower Advisory Services 3Y 3.16% VISTA INVESTMENT PARTNERS II, LLC 3.07% Kessler Investment Group, LLC 3Y 7Y 2.41% REX Advisers, LLC 1.49% CAP Partners, LLC 1.49% Blue Sky Capital Consultants Group, Inc. 1.16% Alberta Investment Management Corp 3Y 7Y 1.03% Kapstone Financial Advisors LLC 3Y 1.01% Andina Capital Management, LLC 0.99%

FAQ About LPL Financial LLC and MSTR

These are the practical questions this page is built to answer before you even open the full history table.

How long has LPL Financial LLC reported owning MSTR?

LPL Financial LLC reported MSTR across 15 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

What was the largest reported MSTR position in LPL Financial LLC's portfolio?

The largest reported portfolio weight for MSTR was 0.09% in 2025 Q2.

What is the latest reported MSTR position on this page?

The most recent filing on this page is 2025 Q4, when LPL Financial LLC reported 615,877 shares, equal to 0.03% of portfolio, with an estimated market value of $93.6M.

What does the chart on this MSTR ownership page compare?

The chart compares LPL Financial LLC's quarterly MSTR portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did LPL Financial LLC time their MSTR position?

Based on 13F filing dates vs. subsequent MSTR price moves, LPL Financial LLC correctly timed 16 out of 26 reported position changes (62%). The annualised alpha on MSTR relative to SPY over the holding period was -7.0%.

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