LPL Financial
LPLA
757 hedge funds and large institutions have $26.1B invested in LPL Financial in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 276 increasing their positions, 270 reducing their positions, and 112 closing their positions.
37% more call options, than puts
Call options by funds: $74.1M | Put options by funds: $54.2M
2% more repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 270
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
1.1% less ownership
Funds ownership: 99.37% → 98.27% (-1.1%)
5% less funds holding
Funds holding: 800 → 757 (-43)
12% less capital invested
Capital invested by funds: $29.7B → $26.1B (-$3.62B)
28% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$947M |
| 2 |
Millennium Management
New York
|
+$350M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$290M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$227M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$483M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$444M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$312M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$142M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$138M |
LPLA Hedge Fund Activity: Q3 2025 in Review
757 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q3 2025, worth a combined $26.1B — down 12% from $29.7B a quarter earlier.
Sellers outnumbered buyers: 112 funds closed out of LPLA and 81 opened new positions — a net loss of 31 holders — while 270 trimmed existing stakes and 276 added.
The largest buyer was Capital World Investors, adding an estimated $947M. The largest seller was Fidelity Investments, cutting an estimated $483M.
- 757 institutional investors held LPL Financial (LPLA) as of Q3 2025, down from 800 in Q2 2025.
- Funds reported $26.1B of LPL Financial stock for Q3 2025, down 12% quarter-over-quarter.
- 81 funds opened new LPL Financial positions in Q3 2025 and 112 closed out, a net change of -31 holders.
- The largest LPL Financial buyer in Q3 2025 was Capital World Investors, an estimated $947M added.
- The largest LPL Financial seller in Q3 2025 was Fidelity Investments, an estimated $483M sold.
Based on aggregated 13F filings for Q3 2025.