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LPL Financial

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.

New
Increased
Maintained
Reduced
Closed

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: 2121 (0)

1.1% less ownership

Funds ownership: 99.37%98.27% (-1.1%)

5% less funds holding

Funds holding: 800757 (-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

Holders
757
Holders Change
-43
Holders Change %
-5.38%
% of All Funds
9.94%
Holding in Top 10
21
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
81
Increased
276
Reduced
270
Closed
112
Calls
$74.1M
Puts
$54.2M
Net Calls
+$20M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Asset Management One
151
Asset Management One
Japan
$10.3M +$241K +666 +2%
QCM
152
Quantinno Capital Management
New York
$10.1M +$398K +1,099 +4%
PAG
153
Private Advisor Group
New Jersey
$10M +$381K +1,050 +4%
MSV
154
MN Services Vermogensbeheer
Netherlands
$9.95M
TIM
155
Thornburg Investment Management
New Mexico
$9.89M -$4.45M -12,277 -29%
RP
156
Reinhart Partners
Wisconsin
$9.37M -$562K -1,551 -5%
AQR Capital Management
157
AQR Capital Management
Connecticut
$9.37M -$3.66M -10,104 -26%
State of New Jersey Common Pension Fund D
158
State of New Jersey Common Pension Fund D
New Jersey
$9.31M +$463K +1,277 +5%
KK
159
KLP Kapitalforvaltning
Norway
$9.28M +$36.2K +100 +0.4%
Ohio Public Employees Retirement System (OPERS)
160
Ohio Public Employees Retirement System (OPERS)
Ohio
$9.16M +$784K +2,162 +9%
CCM
161
Cinctive Capital Management
New York
$9.04M +$6.51M +17,967 +195%
ACH
162
ArrowMark Colorado Holdings
Colorado
$8.6M
BAMF
163
BI Asset Management Fondsmaeglerselskab
Denmark
$8.44M -$2.54M -7,015 -22%
RAM
164
Resona Asset Management
Japan
$8.38M -$448K -1,236 -5%
Bank of Montreal
165
Bank of Montreal
Ontario, Canada
$8.34M +$659K +1,818 +8%
VF
166
Virtu Financial
New York
$8.34M +$6.45M +17,801 +245%
SGM
167
Seven Grand Managers
New York
$8.32M -$9.06M -25,000 -50%
BPIM
168
Brant Point Investment Management
New York
$8.09M +$72.5K +200 +0.8%
Nomura Asset Management
169
Nomura Asset Management
Japan
$8.07M -$32.6K -90 -0.4%
NW
170
NewEdge Wealth
Pennsylvania
$8.01M -$5.47M -15,079 -41%
LF
171
Lansforsakringar Fondforvaltning
Sweden
$8M +$23.6K +65 +0.3%
KCM
172
Kennedy Capital Management
Missouri
$7.98M -$2.1M -5,788 -19%
ASRS
173
Arizona State Retirement System
Arizona
$7.83M +$69.6K +192 +0.8%
VAS
174
Vestmark Advisory Solutions
Massachusetts
$7.43M -$2.88M -7,955 -26%
IMRF
175
Illinois Municipal Retirement Fund
Illinois
$7.23M +$832K +2,295 +12%

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.