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 | |
|---|---|---|---|---|---|---|
2701
Capital Southwest
CSWC
$1.47B
| $899K | ﹤0.01% |
35,707
-6,063
| -15% | -$158K |
|
2702
Varonis Systems
VRNS
$4.59B
| $898K | ﹤0.01% |
14,755
+4,858
| +49% | +$305K |
|
2703
DigitalBridge
DBRG
$2.93B
| $895K | ﹤0.01% |
37,120
+4,417
| +14% | +$122K |
|
2704
Sphere Entertainment
SPHR
$5.14B
| $893K | ﹤0.01% |
12,286
+4,323
| +54% | +$324K |
|
2705
TG Therapeutics
TGTX
$7.96B
| $893K | ﹤0.01% |
26,833
+7,476
| +39% | +$231K |
|
|
LHCG
2706
DELISTED
LHC Group LLC
LHCG
| $893K | ﹤0.01% |
5,693
+619
| +12% | +$116K |
|
2707
Ameresco
AMRC
$1.12B
| $892K | ﹤0.01% |
15,178
+1,713
| +13% | +$113K |
|
2708
Invesco CurrencyShares Swiss Franc Trust
FXF
$397M
| $892K | ﹤0.01% |
9,206
-962
| -9% | -$94.8K |
|
2709
Peabody Energy
BTU
$2.6B
| $889K | ﹤0.01% |
60,136
+45,269
| +304% | +$593K |
|
|
LAZR
2710
DELISTED
Luminar Technologies
LAZR
| $888K | ﹤0.01% |
3,797
+1,031
| +37% | +$273K |
|
2711
Westlake Chemical Partners
WLKP
$763M
| $888K | ﹤0.01% |
36,478
+617
| +2% | +$16.1K |
|
|
NVEE
2712
DELISTED
NV5 Global
NVEE
| $887K | ﹤0.01% |
36,000
+3,196
| +10% | +$78.7K |
|
2713
VanEck Durable High Dividend ETF
DURA
$38.5M
| $886K | ﹤0.01% |
28,914
+10,402
| +56% | +$329K |
|
|
RCM
2714
DELISTED
R1 RCM Inc. Common Stock
RCM
| $886K | ﹤0.01% |
40,236
+1,279
| +3% | +$26.4K |
|
2715
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$74.4M
| $885K | ﹤0.01% |
28,992
+92
| +0.3% | +$2.83K |
|
2716
ONE Gas
OGS
$4.87B
| $885K | ﹤0.01% |
13,967
+1,962
| +16% | +$140K |
|
2717
Casella Waste Systems
CWST
$5.71B
| $883K | ﹤0.01% |
11,624
+4,098
| +54% | +$289K |
|
|
MGF
2718
Aberdeen Government Markets Income Fund
MGF
$91.6M
| $882K | ﹤0.01% |
204,075
+7,265
| +4% | +$32K |
|
2719
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.55B
| $881K | ﹤0.01% |
+32,394
| New | +$904K |
|
2720
Safety Insurance
SAFT
$1.52B
| $881K | ﹤0.01% |
11,119
-529
| -5% | -$41.7K |
|
2721
First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF
KNGZ
$63.9M
| $880K | ﹤0.01% |
30,247
+189
| +0.6% | +$5.59K |
|
2722
Barron's 400 ETF
BFOR
$236M
| $878K | ﹤0.01% |
59,588
+1,200
| +2% | +$18K |
|
2723
Acadia Realty Trust
AKR
$3.09B
| $876K | ﹤0.01% |
42,926
+2,800
| +7% | +$59K |
|
|
PMF
2724
DELISTED
PIMCO Municipal Income Fund
PMF
| $876K | ﹤0.01% |
59,902
-39,671
| -40% | -$601K |
|
2725
Avient
AVNT
$3.33B
| $875K | ﹤0.01% |
18,888
-19,474
| -51% | -$935K |
|
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.