LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$356M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$272M |
| 3 |
iShares TIPS Bond ETF
TIP
|
+$230M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$189M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.29% |
| 2 | Financials | 3.14% |
| 3 | Consumer Discretionary | 3.03% |
| 4 | Healthcare | 2.67% |
| 5 | Communication Services | 2.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
NiSource
NI
$21.3B
| $1.16M | ﹤0.01% |
47,656
-11,307
| -19% | -$282K |
|
2502
Integer Holdings
ITGR
$4.23B
| $1.15M | ﹤0.01% |
12,743
+1,140
| +10% | +$107K |
|
|
BSMN
2503
DELISTED
Invesco BulletShares 2023 Municipal Bond ETF
BSMN
| $1.15M | ﹤0.01% |
44,914
-6,637
| -13% | -$170K |
|
2504
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$889M
| $1.15M | ﹤0.01% |
44,801
+17,545
| +64% | +$452K |
|
2505
Lear
LEA
$6.27B
| $1.15M | ﹤0.01% |
7,351
+161
| +2% | +$26.4K |
|
2506
Rapid7
RPD
$680M
| $1.15M | ﹤0.01% |
10,167
+1,567
| +18% | +$178K |
|
2507
iShares USD Green Bond ETF
BGRN
$501M
| $1.15M | ﹤0.01% |
20,927
-11,744
| -36% | -$652K |
|
2508
iShares US & Intl High Yield Corp Bond ETF
GHYG
$198M
| $1.15M | ﹤0.01% |
22,940
+2,708
| +13% | +$137K |
|
2509
VanEck Vietnam ETF
VNM
$506M
| $1.15M | ﹤0.01% |
59,397
-749
| -1% | -$14.7K |
|
2510
Mitek Systems
MITK
$767M
| $1.14M | ﹤0.01% |
61,861
+34,032
| +122% | +$690K |
|
|
TWO
2511
Two Harbors Investment
TWO
$1.27B
| $1.14M | ﹤0.01% |
45,039
+14,329
| +47% | +$376K |
|
2512
Commault Systems
CVLT
$5.18B
| $1.14M | ﹤0.01% |
15,124
-470
| -3% | -$36.5K |
|
2513
Cemex
CX
$17.1B
| $1.14M | ﹤0.01% |
158,601
-67,824
| -30% | -$535K |
|
2514
Interactive Brokers
IBKR
$39.1B
| $1.14M | ﹤0.01% |
72,868
+29,448
| +68% | +$464K |
|
2515
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.71B
| $1.13M | ﹤0.01% |
20,889
+2,857
| +16% | +$164K |
|
2516
NVR
NVR
$16.6B
| $1.13M | ﹤0.01% |
236
+132
| +127% | +$670K |
|
2517
Saic
SAIC
$5.08B
| $1.13M | ﹤0.01% |
13,193
-5
| -0% | -$428 |
|
2518
Ingredion
INGR
$6.33B
| $1.13M | ﹤0.01% |
12,666
+3,780
| +43% | +$333K |
|
2519
Sprout Social
SPT
$514M
| $1.13M | ﹤0.01% |
9,231
+2,846
| +45% | +$309K |
|
2520
Cheniere Energy
CQP
$32.4B
| $1.12M | ﹤0.01% |
27,579
+11,615
| +73% | +$485K |
|
2521
Nice
NICE
$5.9B
| $1.12M | ﹤0.01% |
3,944
-69
| -2% | -$19.1K |
|
2522
WaFd
WAFD
$2.76B
| $1.12M | ﹤0.01% |
32,625
+631
| +2% | +$20.5K |
|
|
VSXY
2523
Victoria's Secret
VSXY
$7.08B
| $1.12M | ﹤0.01% |
+20,187
| New | +$1.23M |
|
2524
Jazz Pharmaceuticals
JAZZ
$15.8B
| $1.11M | ﹤0.01% |
8,564
-4,709
| -35% | -$711K |
|
2525
FirstCash
FCFS
$9.08B
| $1.11M | ﹤0.01% |
12,800
+1,750
| +16% | +$145K |
|
Similar funds
LPL Financial's Q3 2021 Portfolio in Review
As of Q3 2021, LPL Financial held 4,505 positions worth $106B, up 7.7% from $98.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $9.03B of net new capital in Q3 2021, opening 283 new positions and adding to 2,835 existing holdings. Its largest new stake was Dimensional World ex US Core Equity 2 ETF: 4,232,890 shares worth $110M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6.3% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Goldman Sachs ActiveBeta US Large Cap Equity ETF, an estimated $137M trimmed.
- LPL Financial's largest Q3 2021 buy was Dimensional World ex US Core Equity 2 ETF: 4,232,890 shares worth $110M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q3 2021, an estimated $356M increase.
- LPL Financial's biggest Q3 2021 reduction was Goldman Sachs ActiveBeta US Large Cap Equity ETF, cutting an estimated $137M.
- LPL Financial fully exited At Home Group Inc. in Q3 2021, selling an estimated $7.42M.
- LPL Financial's ten largest holdings make up 19% of its $106B portfolio in Q3 2021.
- LPL Financial opened 283 new positions and closed 186 in Q3 2021.
- LPL Financial's portfolio value rose 7.7% quarter-over-quarter to $106B.
Based on LPL Financial's 13F filing for Q3 2021, filed 15 Nov 2021.