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 | |
|---|---|---|---|---|---|---|
2526
AutoNation
AN
$7.21B
| $1.11M | ﹤0.01% |
9,131
+5,460
| +149% | +$616K |
|
2527
Unifirst Corp
UNF
$5.27B
| $1.11M | ﹤0.01% |
5,223
+1,338
| +34% | +$294K |
|
|
XRLV
2528
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $1.11M | ﹤0.01% |
23,732
+7,478
| +46% | +$361K |
|
2529
The Greenbrier Companies
GBX
$1.54B
| $1.11M | ﹤0.01% |
25,754
+63
| +0.2% | +$2.72K |
|
2530
Brookfield Renewable
BEP
$10.2B
| $1.1M | ﹤0.01% |
29,947
-579
| -2% | -$22.5K |
|
|
XLRN
2531
DELISTED
Acceleron Pharma
XLRN
| $1.1M | ﹤0.01% |
6,412
+2,741
| +75% | +$359K |
|
2532
Fidelity MSCI Materials Index ETF
FMAT
$584M
| $1.1M | ﹤0.01% |
24,918
+8,465
| +51% | +$393K |
|
2533
Old National Bancorp
ONB
$10.3B
| $1.1M | ﹤0.01% |
65,064
+1,216
| +2% | +$20.1K |
|
2534
Neogen
NEOG
$2.59B
| $1.1M | ﹤0.01% |
25,345
+2,901
| +13% | +$126K |
|
2535
Perrigo
PRGO
$1.48B
| $1.1M | ﹤0.01% |
23,263
-2,335
| -9% | -$104K |
|
2536
Commercial Vehicle Group
CVGI
$156M
| $1.1M | ﹤0.01% |
116,136
+12,605
| +12% | +$119K |
|
2537
BJs Wholesale Club
BJ
$12.4B
| $1.1M | ﹤0.01% |
+19,995
| New | +$1.07M |
|
2538
Ericsson
ERIC
$33.1B
| $1.1M | ﹤0.01% |
98,010
-22,655
| -19% | -$268K |
|
2539
Nuveen California Municipal Value Fund
NCA
$297M
| $1.1M | ﹤0.01% |
104,054
-6,564
| -6% | -$70.2K |
|
|
PMM
2540
Franklin Managed Municipal Income Trust
PMM
$266M
| $1.09M | ﹤0.01% |
131,336
+1,865
| +1% | +$16K |
|
2541
U-Haul Holding Co
UHAL
$14B
| $1.09M | ﹤0.01% |
16,940
+6,100
| +56% | +$382K |
|
2542
Latham Group
SWIM
$662M
| $1.09M | ﹤0.01% |
66,494
+29,266
| +79% | +$682K |
|
2543
Trustmark
TRMK
$2.8B
| $1.09M | ﹤0.01% |
33,861
-5,259
| -13% | -$161K |
|
2544
Clarus
CLAR
$127M
| $1.09M | ﹤0.01% |
42,476
+1,523
| +4% | +$42K |
|
2545
Doximity
DOCS
$3.89B
| $1.09M | ﹤0.01% |
+13,482
| New | +$986K |
|
2546
Liberty Media Series C
FWONK
$24.5B
| $1.09M | ﹤0.01% |
21,885
+7,549
| +53% | +$357K |
|
2547
Invesco Dorsey Wright Energy Momentum ETF
PXI
$51.6M
| $1.09M | ﹤0.01% |
35,151
-191,146
| -84% | -$5.04M |
|
2548
Oshkosh
OSK
$9.16B
| $1.09M | ﹤0.01% |
10,610
-666
| -6% | -$76.5K |
|
|
BYM
2549
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.08M | ﹤0.01% |
71,098
+31,403
| +79% | +$502K |
|
|
JSD
2550
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $1.08M | ﹤0.01% |
71,843
-12,240
| -15% | -$181K |
|
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.