Billionaire Dan Loeb’s 10 Stocks with Huge Upside Potential

4. LPL Financial Holdings Inc. (NASDAQ:LPLA)

Upside Potential: 31.65%

Number of Hedge Fund Holders: 61

Third Point Management holds $234,356,250 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) shares, representing 3.08% of its portfolio.

On October 3, 2025, analysts at BMO Capital initiated coverage on LPL Financial Holdings Inc. (NASDAQ:LPLA) with an “Outperform” rating and a $365 price target.

The analysts’ bullish stance stems from LPL Financial Holdings Inc.’s (NASDAQ:LPLA) continued expansion and strategic positioning within the U.S. wealth management industry. Furthermore, the analysts highlighted the company’s expanded partnership with Prudential Financial, under which an Insurance Overlay lifetime income strategy for its managed accounts platform will be launched. This platform aims to help advisors integrate protected income solutions into client portfolios. It targets a growing retiree population—over 11,000 Americans turning 65 daily—and around $34 trillion in under-protected retirement asset base.

LPL Financial Holdings Inc. (NASDAQ:LPLA), an independent broker-dealer and investment advisory firm in the U.S., offers technology, brokerage, and advisory services to financial professionals and institutions. It is included in Dan Loeb’s stock portfolio.