LPLA
Lpl Financial Holdings Inc
7 super-investors hold LPLA worth a combined $2.50B. The largest position: Stephen Mandel at 4.9% of their portfolio. This quarter the cohort logged 0 buys and 1 sell on the name. Cohort Conviction Score: 33 — ranked #269 of 724 scored stocks. Conviction easing: 2 fewer super-investors hold it than in 2025Q4.
Why super-investors own LPLA
Stephen Mandel holds the most convicted position, with LPLA representing 4.9% of his portfolio at $617M — the highest concentration in the cohort. Dodge & Cox anchors the largest absolute dollar stake at $1.2B, though at just 0.7% of their diversified book. The 2026Q1 quarter was quiet for the six remaining holders, with no adds or trims, but John Armitage exited entirely, pulling the cohort count back to seven. The owner-count history — oscillating between 1 and 4 over eight quarters — suggests this has never been a consensus name, and Armitage's exit continues a pattern of modest, choppy interest. Conviction is concentrated in a few hands; broader cohort enthusiasm is not building.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2022Q1 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (7) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | Dodge & Cox Funds | 0.7% | 7q | $1.25B | 4,146,547 |
| 2 | Stephen Mandel | 4.9% | 16q | $617M | 2,049,967 |
| 3 | Joel Greenblatt | 0.2% | 37q | $278M | 923,471 |
| 4 | Thomas Gayner | 1.4% | 14q | $168M | 559,951 |
| 5 | William Von Mueffling | 0.6% | 2q | $98M | 324,927 |
| 6 | First Pacific Advisors | 1.4% | 40q | $96M | 320,624 |
| 7 | First Eagle Investment Management | 0.0% | 2q | $2K | 6 |
- 1Dodge & Cox Fundsport0.7%val$1.25B4,146,547 sh·7q held
- 2Stephen Mandelport4.9%val$617M2,049,967 sh·16q held
- 3Joel Greenblattport0.2%val$278M923,471 sh·37q held
- 4Thomas Gaynerport1.4%val$168M559,951 sh·14q held
- 5William Von Muefflingport0.6%val$98M324,927 sh·2q held
- 6First Pacific Advisorsport1.4%val$96M320,624 sh·40q held
- 7First Eagle Investment Managementport0.0%val$2K6 sh·2q held
Owners of LPLA also hold
Recent activity (1)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| John Armitage | EXIT | 1.0% | -100% | $0 | May 13, 2026 |
Long US equity 13F-HR filings only. CUSIP 50212V100. Not investment advice.