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 | |
|---|---|---|---|---|---|---|
2551
Hess Midstream
HESM
$5.23B
| $1.08M | ﹤0.01% |
38,295
+1,213
| +3% | +$30.7K |
|
|
XHR
2552
Xenia Hotels & Resorts
XHR
$1.89B
| $1.08M | ﹤0.01% |
60,755
-2,511
| -4% | -$44K |
|
2553
Inspire Small/Mid Cap Impact ETF
ISMD
$341M
| $1.08M | ﹤0.01% |
30,363
-4,103
| -12% | -$147K |
|
|
CADE
2554
DELISTED
Cadence Bank
CADE
| $1.07M | ﹤0.01% |
36,043
-106,318
| -75% | -$2.96M |
|
|
MTTR
2555
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $1.07M | ﹤0.01% |
+56,697
| New | +$920K |
|
|
DEA
2556
Easterly Government Properties
DEA
$1.17B
| $1.07M | ﹤0.01% |
20,722
+753
| +4% | +$40.7K |
|
2557
FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
$30.1M
| $1.07M | ﹤0.01% |
17,870
+264
| +1% | +$16.2K |
|
2558
Protolabs
PRLB
$1.92B
| $1.07M | ﹤0.01% |
16,060
-5,891
| -27% | -$460K |
|
2559
Zions Bancorporation
ZION
$10.3B
| $1.06M | ﹤0.01% |
17,197
+2,366
| +16% | +$130K |
|
2560
Sabra Healthcare REIT
SBRA
$5.2B
| $1.06M | ﹤0.01% |
72,234
+14,207
| +24% | +$240K |
|
2561
Wendy's
WEN
$1.43B
| $1.06M | ﹤0.01% |
49,020
+2,057
| +4% | +$46.9K |
|
2562
iShares North American Natural Resources ETF
IGE
$748M
| $1.06M | ﹤0.01% |
36,148
-3,575
| -9% | -$103K |
|
|
SNP
2563
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $1.06M | ﹤0.01% |
21,599
+359
| +2% | +$17.1K |
|
2564
Axcelis
ACLS
$4.03B
| $1.06M | ﹤0.01% |
22,546
+9,407
| +72% | +$409K |
|
2565
Blue Bird Corp
BLBD
$2.36B
| $1.06M | ﹤0.01% |
50,812
-150
| -0.3% | -$3.33K |
|
2566
Purple Innovation
PRPL
$39.2M
| $1.06M | ﹤0.01% |
2,016
+34
| +2% | +$21.3K |
|
2567
Manhattan Associates
MANH
$10.9B
| $1.06M | ﹤0.01% |
6,872
+1,641
| +31% | +$256K |
|
|
DCP
2568
DELISTED
DCP Midstream, LP
DCP
| $1.06M | ﹤0.01% |
37,456
-559
| -1% | -$15.4K |
|
2569
UFP Industries
UFPI
$5.18B
| $1.05M | ﹤0.01% |
15,519
-12,632
| -45% | -$918K |
|
2570
Revolve Group
RVLV
$1.86B
| $1.05M | ﹤0.01% |
17,059
+6,435
| +61% | +$419K |
|
2571
IQ MacKay Municipal Intermediate ETF
MMIT
$1.46B
| $1.05M | ﹤0.01% |
39,419
-2,729
| -6% | -$73.5K |
|
2572
RB Global
RBA
$20.9B
| $1.05M | ﹤0.01% |
16,988
+2,415
| +17% | +$148K |
|
2573
Bausch Health
BHC
$2.62B
| $1.05M | ﹤0.01% |
37,567
+14,577
| +63% | +$413K |
|
|
IBHA
2574
DELISTED
iShares iBonds 2021 Term High Yield and Income ETF
IBHA
| $1.05M | ﹤0.01% |
43,270
-5,000
| -10% | -$121K |
|
2575
Lightwave Logic
LWLG
$1.05B
| $1.04M | ﹤0.01% |
+110,452
| New | +$1.2M |
|
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.