Cliff Asness's LPLA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 28.2K shares of LPL Financial Holdings Inc. (LPLA) worth $9.37 M, representing 0.01% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 49 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 289.5K shares. Largest reduction occurred in Q2 2020, reducing 220.3K 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2013 | +5,800 | New Buy | 5,800 | $38.28 |
| Q4 2013 | +73,500 | Add 1267.24% | 79,300 | $47.02 |
| Q1 2014 | +55,200 | Add 69.61% | 134,500 | $52.54 |
| Q2 2014 | +162,300 | Add 120.67% | 296,800 | $49.74 |
| Q3 2014 | +8,809 | Add 2.97% | 305,609 | $46.05 |
| Q4 2014 | -8,654 | Reduce 2.83% | 296,955 | $44.55 |
| Q1 2015 | -134,400 | Reduce 45.26% | 162,555 | $43.86 |
| Q2 2015 | -122,879 | Reduce 75.59% | 39,676 | $46.50 |
| Q3 2015 | -39,676 | Sold Out | 39,676 | $0.00 |
| Q4 2016 | +34,098 | New Buy | 34,098 | $35.22 |
| Q1 2017 | +4,758 | Add 13.95% | 38,856 | $39.84 |
| Q2 2017 | -4,788 | Reduce 12.32% | 34,068 | $42.47 |
| Q3 2017 | +88,999 | Add 261.24% | 123,067 | $51.57 |
| Q4 2017 | +275,809 | Add 224.11% | 398,876 | $57.14 |
| Q1 2018 | -150,443 | Reduce 37.72% | 248,433 | $61.07 |
| Q2 2018 | -192,139 | Reduce 77.34% | 56,294 | $65.55 |
| Q3 2018 | -5,310 | Reduce 9.43% | 50,984 | $64.51 |
| Q4 2018 | +18,659 | Add 36.60% | 69,643 | $61.08 |
| Q1 2019 | +36,963 | Add 53.07% | 106,606 | $69.65 |
| Q2 2019 | +289,546 | Add 271.60% | 396,152 | $81.40 |
| Q3 2019 | +78,437 | Add 19.80% | 474,589 | $81.26 |
| Q4 2019 | -8,252 | Reduce 1.74% | 466,337 | $92.25 |
| Q1 2020 | -70,561 | Reduce 15.13% | 395,776 | $54.43 |
| Q2 2020 | -220,277 | Reduce 55.66% | 175,499 | $76.11 |
| Q3 2020 | -48,531 | Reduce 27.65% | 126,968 | $76.67 |
| Q4 2020 | -82,263 | Reduce 64.79% | 44,705 | $103.84 |
| Q1 2021 | +2,754 | Add 6.16% | 47,459 | $142.16 |
| Q2 2021 | -4,773 | Reduce 10.06% | 42,686 | $134.99 |
| Q3 2021 | +4,598 | Add 10.77% | 47,284 | $156.75 |
| Q4 2021 | -3,608 | Reduce 7.63% | 43,676 | $160.09 |
| Q1 2022 | +39,366 | Add 90.13% | 83,042 | $182.68 |
| Q2 2022 | +1,317 | Add 1.59% | 84,359 | $178.08 |
| Q3 2022 | +6,626 | Add 7.85% | 90,985 | $218.48 |
| Q4 2022 | -9,626 | Reduce 10.58% | 81,359 | $214.85 |
| Q1 2023 | +3,826 | Add 4.70% | 85,185 | $199.81 |
| Q2 2023 | +57,015 | Add 66.93% | 142,200 | $217.43 |
| Q3 2023 | -48,525 | Reduce 34.12% | 93,675 | $237.65 |
| Q4 2023 | -35,610 | Reduce 38.01% | 58,065 | $227.62 |
| Q1 2024 | -11,165 | Reduce 19.23% | 46,900 | $264.20 |
| Q2 2024 | -2,999 | Reduce 6.39% | 43,901 | $276.76 |
| Q3 2024 | +20,983 | Add 47.80% | 64,884 | $232.54 |
| Q4 2024 | -21,802 | Reduce 33.60% | 43,082 | $326.51 |
| Q1 2025 | +14,977 | Add 34.76% | 58,059 | $327.14 |
| Q2 2025 | -19,790 | Reduce 34.09% | 38,269 | $370.67 |
| Q3 2025 | -10,104 | Reduce 26.40% | 28,165 | $332.68 |
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 49 quarters since Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to LPL Financial Holdings Inc. (LPLA) was in Q2 2019, adding 396,152 shares worth $32.25 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 28,165 shares of LPL Financial Holdings Inc. (LPLA), valued at approximately $9.37 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, LPL Financial Holdings Inc. (LPLA) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in LPL Financial Holdings Inc. (LPLA) was 474,589 shares, as reported at the end of Q3 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.