Cliff Asness's LPLA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 23,448 shares of LPL Financial Holdings Inc. (LPLA) worth $8.37 M, representing 0.00% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in LPLA, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2019, adding 289,546 shares. Largest reduction occurred in Q2 2020, reducing 220,277 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's LPL Financial Holdings (LPLA) Holding Value Over Time
Track share changes against reported price movement
Quarterly LPL Financial Holdings (LPLA) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -4,717 | Reduce 16.75% | 23,448 | $357.16 |
| Q3 2025 | -10,104 | Reduce 26.40% | 28,165 | $332.68 |
| Q2 2025 | -19,790 | Reduce 34.09% | 38,269 | $370.67 |
| Q1 2025 | +14,977 | Add 34.76% | 58,059 | $327.14 |
| Q4 2024 | -21,802 | Reduce 33.60% | 43,082 | $326.51 |
| Q3 2024 | +20,983 | Add 47.80% | 64,884 | $232.54 |
| Q2 2024 | -2,999 | Reduce 6.39% | 43,901 | $276.76 |
| Q1 2024 | -11,165 | Reduce 19.23% | 46,900 | $264.20 |
| Q4 2023 | -35,610 | Reduce 38.01% | 58,065 | $227.62 |
| Q3 2023 | -48,525 | Reduce 34.12% | 93,675 | $237.65 |
| Q2 2023 | +57,015 | Add 66.93% | 142,200 | $217.43 |
| Q1 2023 | +3,826 | Add 4.70% | 85,185 | $199.81 |
| Q4 2022 | -9,626 | Reduce 10.58% | 81,359 | $214.85 |
| Q3 2022 | +6,626 | Add 7.85% | 90,985 | $218.48 |
| Q2 2022 | +1,317 | Add 1.59% | 84,359 | $178.08 |
| Q1 2022 | +39,366 | Add 90.13% | 83,042 | $182.68 |
| Q4 2021 | -3,608 | Reduce 7.63% | 43,676 | $160.09 |
| Q3 2021 | +4,598 | Add 10.77% | 47,284 | $156.75 |
| Q2 2021 | -4,773 | Reduce 10.06% | 42,686 | $134.99 |
| Q1 2021 | +2,754 | Add 6.16% | 47,459 | $142.16 |
| Q4 2020 | -82,263 | Reduce 64.79% | 44,705 | $103.84 |
| Q3 2020 | -48,531 | Reduce 27.65% | 126,968 | $76.67 |
| Q2 2020 | -220,277 | Reduce 55.66% | 175,499 | $76.11 |
| Q1 2020 | -70,561 | Reduce 15.13% | 395,776 | $54.43 |
| Q4 2019 | -8,252 | Reduce 1.74% | 466,337 | $92.25 |
| Q3 2019 | +78,437 | Add 19.80% | 474,589 | $81.26 |
| Q2 2019 | +289,546 | Add 271.60% | 396,152 | $81.40 |
| Q1 2019 | +36,963 | Add 53.07% | 106,606 | $69.65 |
| Q4 2018 | +18,659 | Add 36.60% | 69,643 | $61.08 |
| Q3 2018 | -5,310 | Reduce 9.43% | 50,984 | $64.51 |
| Q2 2018 | -192,139 | Reduce 77.34% | 56,294 | $65.55 |
| Q1 2018 | -150,443 | Reduce 37.72% | 248,433 | $61.07 |
| Q4 2017 | +275,809 | Add 224.11% | 398,876 | $57.14 |
| Q3 2017 | +88,999 | Add 261.24% | 123,067 | $51.57 |
| Q2 2017 | -4,788 | Reduce 12.32% | 34,068 | $42.47 |
| Q1 2017 | +4,758 | Add 13.95% | 38,856 | $39.84 |
| Q4 2016 | +34,098 | New Buy | 34,098 | $35.22 |
| Q3 2015 | -39,676 | Sold Out | 0 | $0.00 |
| Q2 2015 | -122,879 | Reduce 75.59% | 39,676 | $46.50 |
| Q1 2015 | -134,400 | Reduce 45.26% | 162,555 | $43.86 |
| Q4 2014 | -8,654 | Reduce 2.83% | 296,955 | $44.55 |
| Q3 2014 | +8,809 | Add 2.97% | 305,609 | $46.05 |
| Q2 2014 | +162,300 | Add 120.67% | 296,800 | $49.74 |
| Q1 2014 | +55,200 | Add 69.61% | 134,500 | $52.54 |
| Q4 2013 | +73,500 | Add 1267.24% | 79,300 | $47.02 |
| Q3 2013 | +5,800 | New Buy | 5,800 | $38.28 |
Cliff Asness's LPL Financial Holdings Investment FAQs
Cliff Asness first purchased LPL Financial Holdings Inc. (LPLA) in Q3 2013, acquiring 5,800 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held LPL Financial Holdings Inc. (LPLA) for 46 quarters since Q3 2013.
Cliff Asness's largest addition to LPL Financial Holdings Inc. (LPLA) was in Q2 2019, adding 396,152 shares worth $32.25 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 23,448 shares of LPL Financial Holdings Inc. (LPLA), valued at approximately $8.37 M.
As of the Q4 2025 filing, LPL Financial Holdings Inc. (LPLA) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in LPL Financial Holdings Inc. (LPLA) was 474,589 shares, as reported at the end of Q3 2019.