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 | |
|---|---|---|---|---|---|---|
2901
Halozyme
HALO
$9.78B
| $704K | ﹤0.01% |
17,318
-238
| -1% | -$9.95K |
|
2902
Goldman Sachs Physical Gold ETF Shares
AAAU
$2.46B
| $702K | ﹤0.01% |
40,204
-35,525
| -47% | -$632K |
|
2903
Invesco BulletShares 2027 Municipal Bond ETF
BSMR
$347M
| $702K | ﹤0.01% |
27,269
+1,650
| +6% | +$42.9K |
|
2904
Dillards
DDS
$9.55B
| $702K | ﹤0.01% |
4,071
+455
| +13% | +$86.6K |
|
2905
HSBC
HSBC
$369B
| $702K | ﹤0.01% |
26,841
+2,833
| +12% | +$77.1K |
|
2906
ZIM Integrated Shipping Services
ZIM
$3.13B
| $702K | ﹤0.01% |
13,842
+2,585
| +23% | +$121K |
|
2907
Invesco MSCI Global Timber ETF
CUT
$33.1M
| $700K | ﹤0.01% |
19,384
-20,745
| -52% | -$787K |
|
2908
LCI Industries
LCII
$2.52B
| $699K | ﹤0.01% |
5,160
+2,336
| +83% | +$322K |
|
2909
Spire
SR
$4.73B
| $699K | ﹤0.01% |
11,419
+361
| +3% | +$24.7K |
|
2910
Horizon Bancorp
HBNC
$1.06B
| $698K | ﹤0.01% |
38,416
+941
| +3% | +$16.3K |
|
|
OPLN
2911
Openlane
OPLN
$4.34B
| $696K | ﹤0.01% |
42,449
-7,463
| -15% | -$126K |
|
2912
Saba Closed-End Funds ETF
CEFS
$429M
| $695K | ﹤0.01% |
32,665
+17,137
| +110% | +$364K |
|
|
GTY
2913
Getty Realty Corp
GTY
$2.1B
| $695K | ﹤0.01% |
23,727
+6,779
| +40% | +$212K |
|
2914
Global X MSCI China Consumer Discretionary ETF
CHIQ
$129M
| $692K | ﹤0.01% |
24,694
-34,649
| -58% | -$1.05M |
|
2915
M/I Homes
MHO
$3.77B
| $692K | ﹤0.01% |
11,970
+2,939
| +33% | +$180K |
|
2916
Avis
CAR
$4.91B
| $691K | ﹤0.01% |
5,930
+2,900
| +96% | +$256K |
|
2917
Evercore
EVR
$12.3B
| $691K | ﹤0.01% |
5,170
+984
| +24% | +$134K |
|
2918
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.3M
| $691K | ﹤0.01% |
10,498
-2,348
| -18% | -$156K |
|
2919
Park Hotels & Resorts
PK
$3.03B
| $690K | ﹤0.01% |
36,066
-437
| -1% | -$8.25K |
|
|
UHT
2920
Universal Health Realty Income Trust
UHT
$595M
| $690K | ﹤0.01% |
12,480
+2,808
| +29% | +$165K |
|
2921
PGIM Active High Yield Bond ETF
PHYL
$1.39B
| $689K | ﹤0.01% |
16,686
+4,563
| +38% | +$188K |
|
|
EXK
2922
Endeavour Silver
EXK
$2.28B
| $688K | ﹤0.01% |
168,267
-17,927
| -10% | -$85.9K |
|
2923
VanEck Green Bond ETF
GRNB
$184M
| $687K | ﹤0.01% |
25,294
+9,093
| +56% | +$250K |
|
2924
Primerica
PRI
$9.93B
| $687K | ﹤0.01% |
4,469
+1,063
| +31% | +$158K |
|
2925
Stewart Information Services
STC
$2.1B
| $687K | ﹤0.01% |
10,854
+526
| +5% | +$31.3K |
|
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.