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 | |
|---|---|---|---|---|---|---|
276
Invesco S&P 500 Top 50 ETF
XLG
$10.2B
| $68.7M | 0.06% |
2,081,350
+217,840
| +12% | +$7.38M |
|
|
SCHV
277
Schwab US Large-Cap Value ETF
SCHV
$15.6B
| $68.6M | 0.06% |
3,050,622
+183,333
| +6% | +$4.24M |
|
278
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $68M | 0.06% |
1,317,955
+93,478
| +8% | +$4.87M |
|
279
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $67.7M | 0.06% |
1,287,516
+120,137
| +10% | +$6.3M |
|
280
Honeywell
HON
$76.4B
| $67.7M | 0.06% |
338,277
+9,907
| +3% | +$2.11M |
|
281
iShares Global Consumer Staples ETF
KXI
$1.09B
| $67.6M | 0.06% |
1,126,779
+1,030,930
| +1,076% | +$63.6M |
|
282
Pacer Trendpilot US Large Cap ETF
PTLC
$3.19B
| $67.5M | 0.06% |
1,789,225
+8,156
| +0.5% | +$316K |
|
283
Wells Fargo
WFC
$254B
| $67.4M | 0.06% |
1,453,047
+9,192
| +0.6% | +$425K |
|
284
State Street SPDR S&P Biotech ETF
XBI
$10B
| $67.4M | 0.06% |
535,963
-42,302
| -7% | -$5.45M |
|
285
iShares Short Maturity Bond ETF
NEAR
$4.82B
| $66.9M | 0.06% |
1,334,008
+80,404
| +6% | +$4.03M |
|
286
iShares S&P 100 ETF
OEF
$19.5B
| $66.6M | 0.06% |
337,184
+50,426
| +18% | +$10.2M |
|
287
First Trust Technology AlphaDEX Fund
FXL
$2.4B
| $66.3M | 0.06% |
539,247
+113,974
| +27% | +$14.3M |
|
288
Blackrock
BLK
$167B
| $65.8M | 0.06% |
78,467
+8,067
| +11% | +$7.23M |
|
289
Eli Lilly
LLY
$1.08T
| $65.6M | 0.06% |
283,979
+9,069
| +3% | +$2.24M |
|
290
Invesco S&P 500 Pure Growth ETF
RPG
$1.9B
| $65.2M | 0.06% |
1,692,760
+504,220
| +42% | +$19.7M |
|
291
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $65.1M | 0.06% |
1,189,317
+185,596
| +18% | +$10.3M |
|
292
Crown Castle
CCI
$34.6B
| $65.1M | 0.06% |
375,507
+37,296
| +11% | +$7.21M |
|
293
iShares Semiconductor ETF
SOXX
$38.4B
| $64.8M | 0.06% |
435,963
+162,492
| +59% | +$24.7M |
|
294
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $64.6M | 0.06% |
1,075,921
+86,973
| +9% | +$5.28M |
|
295
Global X Lithium & Battery Tech ETF
LIT
$1.46B
| $64.6M | 0.06% |
787,769
+187,145
| +31% | +$15.3M |
|
296
Oracle
ORCL
$339B
| $64.4M | 0.06% |
739,111
+42,015
| +6% | +$3.71M |
|
297
FS KKR Capital
FSK
$3.01B
| $64.4M | 0.06% |
2,920,176
+15,418
| +0.5% | +$340K |
|
298
First Trust Smith Unconstrained Bond ETF
UCON
$3.26B
| $63.9M | 0.06% |
2,405,111
+410,694
| +21% | +$10.9M |
|
299
iShares International Select Dividend ETF
IDV
$8.31B
| $62.8M | 0.06% |
2,065,067
+170,591
| +9% | +$5.48M |
|
300
State Street SPDR S&P Regional Banking ETF
KRE
$4.51B
| $62.8M | 0.06% |
926,746
-6,028
| -0.6% | -$388K |
|
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.