SurgoCap Partners LP: LPL FINL HLDGS INC (LPLA): Quarterly 13F Position History
As of Q1 2026, SurgoCap Partners LP reported 1,020,839 shares of LPL FINL HLDGS INC (LPLA), worth $307.1M and representing 10.3% of its 13F equity book. Quarter-over-quarter share count change: + 25,839 (+2.6%) . The position first appeared in Q4 2023 and has been disclosed across 10 13F-HR filings in Pactolio's tracked window.
- 1,020,839Shares Held (Latest Filing)
- $307.1MReported Market Value (Latest Filing)
- 10.3%Portfolio Weight (% of 13F Equity Book)
- +25,839Quarter-over-Quarter Share Change
- -$48.3MQuarter-over-Quarter Value Change
- 1,020,839Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,020,839 | +25,839 | +2.6% | $307.1M | 10.3% | $300.8 |
| Q4 2025 | 995,000 | +722 | +0.1% | $355.4M | 9.8% | $357.2 |
| Q3 2025 | 994,278 | +112,873 | +12.8% | $330.8M | 9.4% | $332.7 |
| Q2 2025 | 881,405 | 25,037 | -2.8% | $330.5M | 12.7% | $375.0 |
| Q1 2025 | 906,442 | +197,172 | +27.8% | $296.5M | 14.7% | $327.1 |
| Q4 2024 | 709,270 | 71,451 | -9.2% | $231.6M | 13.4% | $326.5 |
| Q3 2024 | 780,721 | +233,880 | +42.8% | $181.6M | 9.7% | $232.6 |
| Q2 2024 | 546,841 | +24,910 | +4.8% | $152.7M | 8.9% | $279.3 |
| Q1 2024 | 521,931 | 54,688 | -9.5% | $137.9M | 7.4% | $264.2 |
| Q4 2023 | 576,619 | — | — | $131.3M | 9.3% | $227.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did SurgoCap Partners LP first disclose a LPLA position in 13F-HR filings?
SurgoCap Partners LP first reported LPL FINL HLDGS INC (LPLA) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.
What was SurgoCap Partners LP's most recent quarter-over-quarter share-count change in LPLA?
Between Q4 2025 and Q1 2026, SurgoCap Partners LP added 25,839 shares of LPLA (+2.6%), bringing the total reported position to 1,020,839 shares at a market value of $307.1M.
Does the implied price-per-share represent SurgoCap Partners LP's cost basis in LPLA?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.