LPLA
LPL Financial Holdings Inc.Financial Services · $25.0B market cap
Verdict
We can't put a fair value on LPLA right now. It's valued like a bank, but its return on tangible equity (or its tangible book value) isn't positive, so there's nothing to base a value on.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
Follow LPLA
Track it on your watchlist and see the full analysis. Free.
Create a free accountSuperinvestors
4 of the investors we track hold LPLA. In Q2 2026, 1 added, 1 trimmed and 2 sold out. Who we track
Dodge & Cox Funds
Dodge & Cox Funds · as of Q2 2026
$1.3B
4,578,679 shares
Stephen Mandel
Lone Pine Capital · as of Q2 2026
$343.4M
1,219,099 shares
Thomas Gayner
Markel Group · as of Q2 2026
$157.7M
559,951 shares
First Pacific Advisors
First Pacific Advisors · as of Q2 2026
$90.5M
321,244 shares
Moves in Q2 2026
Added: Dodge & Cox Funds
Trimmed: Stephen Mandel
Sold out: William Von Mueffling, First Eagle Investment Management
Insider activity
Since Sep 5, 2026: no open-market purchases and 1 other filing (stock awards, tax withholding and similar). Why purchases matter
Other filings
About LPL Financial Holdings Inc.
LPL Financial Holdings Inc., operating through its subsidiaries, delivers an integrated ecosystem of brokerage and investment advisory solutions. These services are primarily aimed at independent financial professionals and advisors affiliated with financial institutions across the United States. The firm's brokerage division offers a diverse range of financial instruments, encompassing various annuities (both…
Financial - Capital Markets
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works