Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lpl Finl Hldgs Inc (LPLA)

761 + 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
↓ -50
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — LPLA

Based on 766 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 816 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 (-4 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

383 buying415 selling
Last quarter: 415 funds reduced or exited vs 383 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.
⚠️

Fewer new buyers each quarter (-67 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 131 → 86 → 166 → 99. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 20% new
437 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 -1%, value -17%

Value
-16%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -17%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

135 → 131 → 86 → 166 → 99 new funds/Q
New funds entering each quarter: 131 → 86 → 166 → 99. A growing number of institutions are discovering LPLA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 26% newcomers

■ 62% veterans ■ 13% 1-2yr ■ 26% new
Entry-cohort mix of 787 holders: 485 (62%) are 2+ year veterans, 100 entered 1–2 years ago, and 202 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
62 of 761 holders are among the 100 largest funds by AUM, controlling 46% 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 Q1, 383 hedge funds were net buyers of LPLA (99 opened a new position, 284 added to an existing one), while 415 reduced or exited (266 trimmed, 149 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 46% of total institutional value in LPLA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -50 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.

Is It Too Late to Buy Lpl Finl Hldgs Inc (LPLA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LPLA has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
LPLA
+0.9%
XLF
+1220.3%

LPLA outperformed XLF by -1219.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
LPLA
+1.4%
XLF
+4.8%

Since the filing became public, LPLA outperformed XLF by -3.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

47 top-rated funds 10 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: LPLA
761 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 761 816 -6.74%
13F Shares 82M 83M -1.15%
Total Value $24.16B $29.03B -16.76%
New Positions 98 166 -68
Increased Positions 281 252 +29
Closed Positions 153 94 +59
Reduced Positions 257 273 -16
Total Calls 11 12 -8.33%
Total Puts 15 8 87.5%
PUT/CALL Ratio 1.36 0.67 Bearish

Statistics: LPLA

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

761 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Darlington Partners Capital Management, LP 12.07% 893,006 $268.6M
2 Samlyn Capital, LLC 11.92% 2,323,360 $698.9M
3 Teca Partners, LP 10.39% 50,078 $15.1M
4 SurgoCap Partners LP 10.25% 1,020,839 $307.1M
5 Lynwood Price Capital Management LP 9.62% 59,500 $17.9M
6 Azora Capital LP 8.45% 427,338 $128.6M
7 Family Wealth Partners, LLC 7.35% 71,531 $21.5M
8 Ocean Park Asset Management, LLC 7.35% 71,531 $21.5M
9 Heron Bay Capital Management 6.91% 249,212 $75.0M
10 Lrz Capital LLC 6.77% 44,950 $13.5M
11 Fairview Capital Investment Management, LLC 6.40% 391,686 $117.8M
12 Cander Asset Management LP 5.15% 95,330 $28.7M
13 Lone Pine Capital LLC 4.92% 2,049,967 $616.7M
14 Saraza Management, LP 4.36% 34,600 $10.4M
15 Winmill & CO. Inc 4.04% 46,500 $14.0M
16 Coronation Fund Managers Ltd. 3.98% 290,443 $87.4M
17 Karl Kapital LLC 3.75% 17,994 $5.4M
18 Fremen Capital Management LP 2.85% 11,078 $3.3M
19 Iridian Asset Management LLC/Ct 2.38% 19,518 $5.9M
20 Prossimo Advisors, LLC 2.38% 1,300 $391K
21 Prana Capital Management, LP 2.26% 247,123 $74.3M
22 WealthPoint Financial, LLC 2.23% 7,190 $2.6M
23 Clarkston Capital Partners, LLC 2.21% 96,404 $29.0M
24 Icon Advisers Inc/Co 2.00% 28,748 $8.6M
25 Foyston, Gordon & Payne Inc 1.99% 28,724 $8.6M
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 48% buying: Last quarter: 415 funds reduced or exited vs 383 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 — 46% AUM from top-100 funds: 62 of 761 holders are among the 100 largest funds by AUM, controlling 46% 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?

57% of holders stayed for 2+ years: 437 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.

Is it too late to buy Lpl Finl Hldgs Inc (LPLA) following the 2026 Q1 hedge fund 13F filings?

As of today, LPLA has moved +1.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -3.4%. Since the quarter end (March 31, 2026), LPLA has gained +0.9% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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