SM
LPLA icon

Stephen Mandel’s LPL Financial LPLA Stock Holding History

Stephen Mandel’s Portfolio LPLA Stock Details LPLA Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$343M Sell
1,219,099
-830,868
-41% -$249M 2.1% 22
2026
Q1 		$617M Sell
2,049,967
-24,981
-1% -$8.38M 4.92% 4
2025
Q4 		$741M Sell
2,074,948
-180,766
-8% -$63.9M 5.44% 4
2025
Q3 		$750M Buy
2,255,714
+383,466
+20% +$139M 5.46% 5
2025
Q2 		$702M Buy
1,872,248
+108,233
+6% +$37.9M 5% 6
2025
Q1 		$577M Sell
1,764,015
-158,733
-8% -$55.3M 4.98% 7
2024
Q4 		$628M Sell
1,922,748
-257,389
-12% -$76.1M 4.66% 8
2024
Q3 		$507M Buy
2,180,137
+495,067
+29% +$112M 3.78% 14
2024
Q2 		$471M Hold
1,685,070
– – 3.82% 14
2024
Q1 		$445M Sell
1,685,070
-155,044
-8% -$39.1M 3.51% 15
2023
Q4 		$419M Hold
1,840,114
– – 3.62% 16
2023
Q3 		$437M Sell
1,840,114
-162,944
-8% -$37.8M 4.22% 11
2023
Q2 		$436M Buy
2,003,058
+143,417
+8% +$28.7M 3.99% 11
2023
Q1 		$376M Sell
1,859,641
-147,681
-7% -$33.8M 3.48% 13
2022
Q4 		$434M Buy
2,007,322
+26,960
+1% +$6.3M 4.14% 12
2022
Q3 		$433M Sell
1,980,362
-308,789
-13% -$65.7M 4.08% 13
2022
Q2 		$422M Buy
+2,289,151
New +$435M 3.98% 11
2014
Q4 		– Sell
-8,518,366
Closed -$392M – 54
2014
Q3 		$392M Hold
8,518,366
– – 1.53% 27
2014
Q2 		$424M Hold
8,518,366
– – 1.71% 25
2014
Q1 		$448M Buy
+8,518,366
New +$450M 1.95% 21

Other funds holding LPLA

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Dodge & Cox
Dodge & Cox San Francisco, California $191B AUM 17.5% 1-Year Est. Return
Boston Partners
Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return
JT
Jupiter Topco New York $245B AUM
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Principal Financial Group
Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return
SC
Samlyn Capital New York $6.14B AUM 42.05% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Stephen Mandel's LPLA Position: Q2 2026 in Review

Stephen Mandel reduced its LPL Financial (LPLA) stake by 41% in Q2 2026, selling an estimated $249M and leaving 1,219,099 shares worth $343M. The position accounts for 2.1% of the portfolio, ranked #22.

Stephen Mandel first reported a position in LPLA in Q1 2014 and has held it in 20 quarters since. The position peaked at $750M in Q3 2025. 762 funds tracked by Wall St. Rank hold LPLA as of Q2 2026.

  • Stephen Mandel held 1,219,099 shares of LPL Financial worth $343M as of Q2 2026.
  • Stephen Mandel sold 830,868 LPL Financial shares in Q2 2026, an estimated $249M.
  • LPL Financial made up 2.1% of Stephen Mandel's portfolio in Q2 2026, its #22 holding.
  • Stephen Mandel first reported a position in LPL Financial in Q1 2014 and has held it in 20 quarters since.
  • Stephen Mandel's LPL Financial position peaked at $750M in Q3 2025.
  • 762 funds tracked by Wall St. Rank held LPL Financial as of Q2 2026.

Based on Lone Pine Capital's 13F filing for Q2 2026, filed 14 Aug 2026.