LPLA Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own LPLA shares is 901, representing 97.47% of the company's common stock.

MILLENNIUM MANAGEMENT LLC, in the last quarter, reduced its stake in LPLA by -46.83% restricting it's holding to 637.8 thousand shares of worth nearly $168.51M. SUMITOMO MITSUI TRUST HOLDINGS, INC. also lessened -9.07% of the LPLA shares from its portfolio, reducing its holding to 187.78 thousand shares of worth $49.61M. TRILLIUM ASSET MANAGEMENT, LLC also shunned LPLA shares holding by -2.57% last quarter which brought its holding to 184.67 thousand shares worth $48.79M.

As per its latest 13F filing, PANAGORA ASSET MANAGEMENT INC increased its stake in LPLA by 0.04% in the last quarter. The institutional holder raised its holding to 171.53 thousand shares having worth more than $45.32M. BANK OF MONTREAL /CAN/ also added 106.78% more shares of LPLA to its portfolio, raising its holding to 170.17 thousand shares of worth $45.65M. TRUIST FINANCIAL CORP also increased its LPLA shares holding by 26.27% which brought its holding to 164.2 thousand shares worth $43.38M.

The insider with the most stakes in LPLA is Arnold Dan H. , President & CEO at the company. Additionally, LPLA stock is highly held by Managing Director Larsen Sallie R. and Managing Director Oroschakoff Michelle among others.

Company executives, directors, and other insiders own 0.68% percent of LPL Financial Holdings Inc.'s stock. Within the last six months, there have been 1 transaction(s) in which LPLA insiders have sold stock, totaling 305 shares. Insiders that have sold shares include JAMBUSARIA ANERI, ARNOLD DAN H., and AUDETTE MATTHEW J.

There have been 0 transaction(s) during the past 6-months in which LPL Financial Holdings Inc. insiders have bought stock, totalling 0 shares

Around 3.92K LPL Financial Holdings Inc. shares are held by insiders, which represents about 0.68% of LPLA stock.

LPLA President & CEO, Arnold Dan H. holds the largest portfolio of the company's shares. LPLA shares owned by Arnold total nearly 142.61 thousand.

MILLENNIUM MANAGEMENT LLC is the largest institutional owner in LPLA which holds 637.8 thousand shares worth $168.51M or 0.83% of the total LPLA shares outstanding followed by SUMITOMO MITSUI TRUST HOLDINGS, INC. with ownership of 187.78 thousand shares representing 0.24% of the LPLA ownership. TRILLIUM ASSET MANAGEMENT, LLC is the third largest stakeholder with 184.67 thousand shares or 0.24% of the ownership worth more than $48.79M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the LPLA is concerned, it is a stock which is optionable.

Number of LPLA shares short is 788.23K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 74.88M shares of LPLA are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, LPLA has 74.25M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for LPLA is 1.89.