LPL Financial Ownership | Who Owns LPL Financial?


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LPL Financial Ownership Summary


LPL Financial is owned by 31.05% institutional investors, 0.53% insiders, and 68.42% retail investors. Vanguard group is the largest institutional shareholder, holding 10.74% of LPLA shares. Vanguard US Total Market Shares ETF is the top mutual fund, with 3.17% of its assets in LPL Financial shares.

LPLA Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockLPL Financial31.05%0.53%68.42%
SectorFinancial Services Stocks 36.95%15.48%47.58%
IndustryCapital Markets Stocks35.42%14.69%49.89%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group8.30M10.74%$2.76B
Blackrock5.30M7.11%$1.48B
Blackrock funding, inc. /de4.98M6.44%$1.66B
Boston partners3.67M4.75%$1.22B
Dodge & cox3.33M4.31%$1.11B
Massachusetts financial services co /ma/3.24M4.19%$1.08B
Janus henderson group3.05M4.08%$996.03M
Capital world investors2.63M3.40%$874.49M
Kayne anderson rudnick investment management2.48M3.21%$825.94M
Lone pine capital2.26M2.92%$750.45M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Family wealth partners105.64K13.17%$35.15M
Teca partners, lp48.48K10.17%$16.13M
Surgocap partners lp994.28K9.20%$330.79M
Darlington partners capital management, lp785.74K8.82%$261.41M
Fairview capital investment management437.90K7.39%$145.69M
Samlyn capital1.35M6.16%$447.97M
Lts one management lp50.00K5.93%$16.63M
Solel partners lp87.00K5.57%$28.94M
Lone pine capital2.26M5.46%$750.45M
Azora capital lp353.36K5.45%$117.56M

Top Buyers

HolderShares% AssetsChange
Capital world investors2.63M0.12%2.61M
Norges bank936.41K0.04%936.41K
Massachusetts financial services co /ma/3.24M0.33%800.17K
Dodge & cox3.33M0.60%627.55K
Janus henderson group3.05M0.51%522.03K

Top Sellers

HolderShares% AssetsChange
Capital research global investors---1.58M
Fmr1.12M0.02%-1.33M
Winslow capital management---1.18M
Egerton capital (uk) llp---832.52K
Blackrock5.30M0.03%-774.55K

New Positions

HolderShares% AssetsChangeValue
Norges bank936.41K0.04%936.41K$305.75M
Strive asset management40.00K0.00%40.00K$8.98M
Fjarde ap-fonden (the fourth swedish national pensionfund)20.90K0.07%20.90K$5.84M
Rakuten investment management14.92K0.01%14.92K$2.77M
Empirical financial services, llc d.b.a. empirical wealth management13.78K0.09%13.78K$4.58M

Sold Out

HolderChange
Abich financial wealth management-1.00
Hhm wealth advisors-1.00
Atticus wealth management-1.00
American capital advisory-1.00
Tfc financial management-1.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 2025381-53.08%24,005,043-69.73%310.30%175-61.37%129-50.38%
Jun 30, 2025794-0.38%79,254,4803.13%1020.97%444-0.67%25316.05%
Mar 31, 202513-98.24%2,202,850-96.91%20.03%5-98.65%5-98.14%
Dec 31, 20246701.21%64,499,168-9.34%860.95%3394.31%2464.24%
Sep 30, 2024653-4.25%71,015,179-1.34%941.02%320-12.81%23311.48%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard US Total Market Shares ETF2.37M3.17%1.75K
Vanguard Total Stock Mkt Idx Inv2.51M3.14%-58.40K
Dodge & Cox Stock I1.83M2.29%1.83M
Vanguard Mid Cap Index Institutional1.78M2.23%19.22K
Janus Inst Mid Cap Growth CF1.52M1.90%-
Janus Henderson Enterprise D1.52M1.90%-
Principal MidCap R51.44M1.80%222.92K
Fidelity Magellan1.19M1.59%1.19M
Principal Aligned MidCap Equity1.23M1.53%448.70K
Capital Group AMCAP Composite1.13M1.51%-21.11K

Recent Insider Transactions


DateNameRoleActivityValue
Dec 05, 2025Steinmeier Richard Chief Executive OfficerSell$909.51K
Dec 05, 2025Steinmeier Richard Chief Executive OfficerSell$385.44K
Dec 05, 2025Steinmeier Richard Chief Executive OfficerSell$67.46K
Dec 05, 2025Steinmeier Richard Chief Executive OfficerSell$121.86K
Dec 05, 2025Steinmeier Richard Chief Executive OfficerSell$289.94K

Insider Transactions Trends


DateBuySell
2025 Q4-14
2025 Q3-37
2025 Q2-9
2025 Q1-13
2024 Q4-1

LPLA Ownership FAQ


Who Owns LPL Financial?

LPL Financial shareholders are primarily institutional investors at 31.05%, followed by 0.53% insiders and 68.42% retail investors. The average institutional ownership in LPL Financial's industry, Capital Markets Stocks, is 35.42%, which LPL Financial falls below.

Who owns the most shares of LPL Financial?

LPL Financial’s largest shareholders are Vanguard group (8.3M shares, 10.74%), Blackrock (5.3M shares, 7.11%), and Blackrock funding, inc. /de (4.98M shares, 6.44%). Together, they hold 24.29% of LPL Financial’s total shares outstanding.

Does Blackrock own LPL Financial?

Yes, BlackRock owns 7.11% of LPL Financial, totaling 5.3M shares as of Jun 2024. This represents 0.03% of BlackRock's total assets, with a market value of 1.48B$. In the last quarter, BlackRock decreased its holdings by -775K shares, a -12.75% change.

Who is LPL Financial’s biggest shareholder by percentage of total assets invested?

Family wealth partners is LPL Financial’s biggest shareholder by percentage of total assets invested, with 13.17% of its assets in 105.64K LPL Financial shares, valued at 35.15M$.

Who is the top mutual fund holder of LPL Financial shares?

Vanguard US Total Market Shares ETF is the top mutual fund holder of LPL Financial shares, with 3.17% of its total shares outstanding invested in 2.37M LPL Financial shares.

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