William Von Mueffling's Cantillon Capital Management fully exited its position in LPL Financial Holdings (LPLA) during the second quarter of 2026. According to a quarterly report filed with the SEC on July 29, the firm sold all 324,930 of its shares. The stake was previously valued at $97.75 million and represented 0.65% of Cantillon's reported portfolio. Investors should note that 13F filings reflect portfolio changes from the prior quarter and may not represent the firm's current holdings.
LPL Financial is the largest independent broker-dealer in the United States, offering a platform of brokerage, investment advisory, and technology services to financial advisors. As of early 2026, the company supported over 32,000 financial advisors who managed approximately $2.3 trillion in client assets. The firm provides the infrastructure and services that enable independent advisors to serve their retail investor clients.