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 | |
|---|---|---|---|---|---|---|
3051
Applied Industrial Technologies
AIT
$12.8B
| $600K | ﹤0.01% |
6,460
-32
| -0.5% | -$2.81K |
|
|
FSD
3052
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $599K | ﹤0.01% |
37,690
+2,059
| +6% | +$32.8K |
|
3053
Hecla Mining
HL
$9.47B
| $598K | ﹤0.01% |
108,761
-6,395
| -6% | -$39.9K |
|
3054
McCormick & Company Voting
MKC.V
$13.7B
| $598K | ﹤0.01% |
7,265
+150
| +2% | +$12.9K |
|
3055
New England Realty Associates
NEN
$195M
| $598K | ﹤0.01% |
9,802
| – | – |
|
|
AFB
3056
AllianceBernstein National Municipal Income Fund
AFB
$313M
| $597K | ﹤0.01% |
39,944
-5,720
| -13% | -$86.2K |
|
3057
Performance Food Group
PFGC
$18B
| $597K | ﹤0.01% |
12,634
+5,411
| +75% | +$249K |
|
|
NARI
3058
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $597K | ﹤0.01% |
7,360
+2,612
| +55% | +$219K |
|
|
ALTR
3059
DELISTED
Altair Engineering Inc
ALTR
| $596K | ﹤0.01% |
8,413
+709
| +9% | +$50.6K |
|
3060
iShares Global Equity Factor ETF
GLOF
$216M
| $594K | ﹤0.01% |
16,106
-8,172
| -34% | -$313K |
|
3061
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.23B
| $594K | ﹤0.01% |
13,062
+821
| +7% | +$37.6K |
|
3062
Shinhan Financial Group
SHG
$32.8B
| $594K | ﹤0.01% |
17,654
+234
| +1% | +$7.83K |
|
|
NUVA
3063
DELISTED
NuVasive, Inc.
NUVA
| $594K | ﹤0.01% |
9,916
-38,094
| -79% | -$2.35M |
|
3064
SPX Corp
SPXC
$11B
| $593K | ﹤0.01% |
11,088
-923
| -8% | -$56.6K |
|
3065
Bit Digital
BTBT
$463M
| $592K | ﹤0.01% |
+81,824
| New | +$790K |
|
3066
Upwork
UPWK
$1.13B
| $592K | ﹤0.01% |
13,148
+2,090
| +19% | +$102K |
|
3067
Bilibili
BILI
$7.99B
| $591K | ﹤0.01% |
8,933
+498
| +6% | +$42.6K |
|
3068
PROG Holdings
PRG
$1.75B
| $590K | ﹤0.01% |
14,035
+2,626
| +23% | +$118K |
|
3069
Toast
TOST
$18.7B
| $589K | ﹤0.01% |
+11,791
| New | +$645K |
|
3070
Workhorse Group
WKHS
$33.2M
| $588K | ﹤0.01% |
26
-2
| -7% | -$60.5K |
|
3071
Federated Hermes
FHI
$4.55B
| $586K | ﹤0.01% |
18,034
-574
| -3% | -$18.7K |
|
3072
Douglas Emmett
DEI
$1.98B
| $585K | ﹤0.01% |
18,511
+991
| +6% | +$32.6K |
|
3073
Host Hotels & Resorts
HST
$17.2B
| $585K | ﹤0.01% |
35,853
-24,764
| -41% | -$402K |
|
3074
Heritage Financial
HFWA
$1.22B
| $584K | ﹤0.01% |
22,900
| – | – |
|
3075
Elbit Systems
ESLT
$37.9B
| $583K | ﹤0.01% |
4,023
-138
| -3% | -$19.1K |
|
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.