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 | |
|---|---|---|---|---|---|---|
|
DMTK
2776
DELISTED
DermTech, Inc. Common Stock
DMTK
| $829K | ﹤0.01% |
25,831
+17,502
| +210% | +$615K |
|
2777
Brunswick
BC
$5.16B
| $828K | ﹤0.01% |
8,688
-738
| -8% | -$73.5K |
|
2778
Navient
NAVI
$830M
| $828K | ﹤0.01% |
41,981
-47,286
| -53% | -$1.02M |
|
|
QDYN
2779
DELISTED
FlexShares Quality Dividend Dynamic Index Fund
QDYN
| $827K | ﹤0.01% |
13,956
+220
| +2% | +$13.3K |
|
2780
Cohu
COHU
$2.3B
| $826K | ﹤0.01% |
26,060
+7,258
| +39% | +$247K |
|
|
PSMB
2781
DELISTED
Invesco Balanced Multi-Asset Allocation ETF
PSMB
| $823K | ﹤0.01% |
49,850
+9,348
| +23% | +$157K |
|
|
OSG
2782
Octave Specialty Group
OSG
$255M
| $822K | ﹤0.01% |
+57,404
| New | +$820K |
|
2783
Ashland
ASH
$3.29B
| $822K | ﹤0.01% |
9,224
+356
| +4% | +$31.2K |
|
2784
KBR
KBR
$4.68B
| $821K | ﹤0.01% |
20,827
-36,976
| -64% | -$1.43M |
|
2785
MasTec
MTZ
$21B
| $821K | ﹤0.01% |
9,517
+266
| +3% | +$25.2K |
|
|
PARAA
2786
DELISTED
Paramount Global Class A
PARAA
| $820K | ﹤0.01% |
19,496
-40
| -0.2% | -$1.79K |
|
2787
Tronox
TROX
$909M
| $820K | ﹤0.01% |
+33,255
| New | +$683K |
|
|
VGR
2788
DELISTED
Vector Group Ltd.
VGR
| $820K | ﹤0.01% |
90,734
+3,926
| +5% | +$38.3K |
|
2789
Health Catalyst
HCAT
$163M
| $819K | ﹤0.01% |
16,377
-192
| -1% | -$10.5K |
|
2790
BlackRock Health Sciences Trust II
BMEZ
$974M
| $818K | ﹤0.01% |
30,333
+3,953
| +15% | +$113K |
|
2791
Haemonetics
HAE
$3.94B
| $818K | ﹤0.01% |
11,716
-1,573
| -12% | -$99.3K |
|
2792
Manitowoc
MTW
$514M
| $817K | ﹤0.01% |
38,129
+16,595
| +77% | +$384K |
|
2793
AdvisorShares Dorsey Wright FSM All Cap World ETF
DWAW
$92.1M
| $816K | ﹤0.01% |
22,931
-25,123
| -52% | -$918K |
|
2794
EPR Properties
EPR
$4.69B
| $816K | ﹤0.01% |
16,525
-2,699
| -14% | -$137K |
|
2795
TaskUs
TASK
$582M
| $815K | ﹤0.01% |
12,279
-2,108
| -15% | -$100K |
|
2796
Ezcorp Inc
EZPW
$1.86B
| $814K | ﹤0.01% |
107,519
| – | – |
|
2797
Carter's
CRI
$1.47B
| $813K | ﹤0.01% |
8,361
+271
| +3% | +$27.4K |
|
2798
Kimco Realty
KIM
$17.1B
| $808K | ﹤0.01% |
38,939
-1,391
| -3% | -$29.7K |
|
2799
Lantheus
LNTH
$6.59B
| $808K | ﹤0.01% |
31,478
+326
| +1% | +$8.52K |
|
|
MVF
2800
DELISTED
BlackRock MuniVest Fund
MVF
| $808K | ﹤0.01% |
85,282
+56,997
| +202% | +$556K |
|
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.