LPL Financial
LPLA
790 hedge funds and large institutions have $25.5B invested in LPL Financial in 2025 Q1 according to their latest regulatory filings, with 128 funds opening new positions, 324 increasing their positions, 223 reducing their positions, and 57 closing their positions.
125% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 57
118% more capital inflows, than outflows
Capital inflows: $4.36B | Capital outflows: $2B
45% more repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 223
9.39% more ownership
Funds ownership: 95.18% → 104.56% (+9.4%)
9% more funds holding
Funds holding: 727 → 790 (+63)
11% less funds holding in top 10
Funds holding in top 10: 28 → 25 (-3)
17% less call options, than puts
Call options by funds: $81.4M | Put options by funds: $97.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$508M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$367M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$338M |
| 4 |
Jennison Associates
New York
|
+$296M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$224M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$269M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$164M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$136M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$105M |
| 5 |
Maverick Capital
Dallas,
Texas
|
-$93M |
LPLA Hedge Fund Activity: Q1 2025 in Review
790 of the 7,478 institutional investors tracked by Wall St. Rank reported a position in LPL Financial (LPLA) for Q1 2025, worth a combined $25.5B — up 9.8% from $23.3B a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new LPLA positions and 57 closed out — a net gain of 71 holders — while 324 added to existing stakes and 223 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $508M. The largest seller was Millennium Management, cutting an estimated $269M.
- 790 institutional investors held LPL Financial (LPLA) as of Q1 2025, up from 727 in Q4 2024.
- Funds reported $25.5B of LPL Financial stock for Q1 2025, up 9.8% quarter-over-quarter.
- 128 funds opened new LPL Financial positions in Q1 2025 and 57 closed out, a net change of +71 holders.
- The largest LPL Financial buyer in Q1 2025 was Winslow Capital Management, an estimated $508M added.
- The largest LPL Financial seller in Q1 2025 was Millennium Management, an estimated $269M sold.
Based on aggregated 13F filings for Q1 2025.