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 | |
|---|---|---|---|---|---|---|
2801
BlackRock Floating Rate Income Trust
BGT
$322M
| $807K | ﹤0.01% |
60,780
+803
| +1% | +$10.5K |
|
2802
PLDT
PHI
$4.27B
| $806K | ﹤0.01% |
24,742
+2,275
| +10% | +$61.7K |
|
2803
Clean Energy Fuels
CLNE
$410M
| $803K | ﹤0.01% |
98,474
-18,481
| -16% | -$147K |
|
2804
PUT
Alphabet (Google) Class A
GOOGL
$4.57T
| $802K | ﹤0.01% |
6,000
| – | – |
|
2805
Owens Corning
OC
$11.5B
| $802K | ﹤0.01% |
9,384
-70
| -0.7% | -$6.58K |
|
2806
Pacer Swan SOS Fund of Funds ETF
PSFF
$596M
| $802K | ﹤0.01% |
+36,450
| New | +$807K |
|
2807
JPMorgan US Momentum Factor ETF
JMOM
$2.54B
| $800K | ﹤0.01% |
18,234
+9,631
| +112% | +$433K |
|
|
ONT
2808
Onterris Inc
ONT
$795M
| $798K | ﹤0.01% |
12,923
-1,922
| -13% | -$101K |
|
2809
CBIZ
CBZ
$2.99B
| $797K | ﹤0.01% |
24,654
+17,700
| +255% | +$576K |
|
2810
Onto Innovation
ONTO
$13.4B
| $797K | ﹤0.01% |
10,970
+6,929
| +171% | +$500K |
|
2811
Valley National Bancorp
VLY
$8.02B
| $796K | ﹤0.01% |
59,810
+4,787
| +9% | +$61.8K |
|
|
JHMU
2812
DELISTED
John Hancock Multifactor Utilities ETF
JHMU
| $796K | ﹤0.01% |
24,895
+5,014
| +25% | +$167K |
|
|
SIEN
2813
DELISTED
Sientra, Inc.
SIEN
| $793K | ﹤0.01% |
13,838
+3,253
| +31% | +$222K |
|
2814
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $792K | ﹤0.01% |
30,474
+1,733
| +6% | +$45.7K |
|
2815
Nuveen AMT-Free Municipal Value Fund
NUW
$250M
| $789K | ﹤0.01% |
46,255
| – | – |
|
2816
FirstService
FSV
$6.61B
| $787K | ﹤0.01% |
4,361
+822
| +23% | +$152K |
|
2817
Littelfuse
LFUS
$11.3B
| $784K | ﹤0.01% |
2,833
+434
| +18% | +$116K |
|
|
BOSS
2818
DELISTED
Global X Founder-Run Companies ETF
BOSS
| $784K | ﹤0.01% |
22,805
+3,567
| +19% | +$126K |
|
2819
CNB Financial Corp
CCNE
$1.05B
| $783K | ﹤0.01% |
32,177
-600
| -2% | -$14.4K |
|
2820
AMC Global Media
AMCX
$479M
| $782K | ﹤0.01% |
16,792
+5,304
| +46% | +$271K |
|
|
COOP
2821
DELISTED
Mr. Cooper
COOP
| $782K | ﹤0.01% |
18,984
+3,230
| +21% | +$122K |
|
2822
Globe Life
GL
$14.3B
| $781K | ﹤0.01% |
8,777
-2,893
| -25% | -$270K |
|
|
FMN
2823
Federated Hermes Premier Municipal Income Fund
FMN
$86.3M
| $779K | ﹤0.01% |
50,865
+39,848
| +362% | +$629K |
|
|
ORAN
2824
DELISTED
Orange
ORAN
| $777K | ﹤0.01% |
71,766
+10,256
| +17% | +$115K |
|
|
NSTG
2825
DELISTED
NanoString Technologies, Inc.
NSTG
| $777K | ﹤0.01% |
16,190
+1,715
| +12% | +$98.7K |
|
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.