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 | |
|---|---|---|---|---|---|---|
3151
Associated Banc-Corp
ASB
$5.83B
| $539K | ﹤0.01% |
25,145
-55
| -0.2% | -$1.12K |
|
|
RVNC
3152
DELISTED
Revance Therapeutics, Inc.
RVNC
| $539K | ﹤0.01% |
19,347
-6,805
| -26% | -$194K |
|
3153
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$857M
| $538K | ﹤0.01% |
21,046
+8,355
| +66% | +$214K |
|
|
SAND
3154
DELISTED
Sandstorm Gold
SAND
| $538K | ﹤0.01% |
93,320
-2,562
| -3% | -$17.7K |
|
3155
Group 1 Automotive
GPI
$3.42B
| $537K | ﹤0.01% |
2,860
+1,037
| +57% | +$176K |
|
|
DM
3156
DELISTED
Desktop Metal, Inc.
DM
| $537K | ﹤0.01% |
7,490
-8,649
| -54% | -$751K |
|
|
ESEB
3157
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $537K | ﹤0.01% |
25,146
+4,738
| +23% | +$103K |
|
3158
Goosehead Insurance
GSHD
$2.2B
| $536K | ﹤0.01% |
3,518
+1,410
| +67% | +$190K |
|
3159
First Bancorp
FNLC
$396M
| $533K | ﹤0.01% |
18,304
-805
| -4% | -$23.3K |
|
3160
Gildan
GIL
$10.3B
| $533K | ﹤0.01% |
+14,596
| New | +$537K |
|
|
PML
3161
PIMCO Municipal Income Fund II
PML
$485M
| $533K | ﹤0.01% |
36,134
+13,692
| +61% | +$206K |
|
|
RWT
3162
Redwood Trust
RWT
$574M
| $533K | ﹤0.01% |
41,322
+2,435
| +6% | +$29.8K |
|
3163
Fidelity Quality Factor ETF
FQAL
$1.41B
| $532K | ﹤0.01% |
10,684
-283
| -3% | -$14.5K |
|
3164
Helios Technologies
HLIO
$2.57B
| $531K | ﹤0.01% |
6,189
+485
| +9% | +$39.6K |
|
|
KLDW
3165
DELISTED
Knowledge Leaders Developed World ETF
KLDW
| $531K | ﹤0.01% |
11,327
| – | – |
|
3166
Schwab Fundamental International Small Company Index ETF
FNDC
$3.05B
| $530K | ﹤0.01% |
13,698
+4,384
| +47% | +$173K |
|
|
TTM
3167
DELISTED
Tata Motors Limited
TTM
| $530K | ﹤0.01% |
23,629
-8,321
| -26% | -$169K |
|
3168
Supernus Pharmaceuticals
SUPN
$2.59B
| $529K | ﹤0.01% |
19,818
+1,370
| +7% | +$36.8K |
|
3169
AMES National
ATLO
$271M
| $528K | ﹤0.01% |
22,790
+1,523
| +7% | +$35.9K |
|
|
ACP
3170
abrdn Income Credit Strategies Fund
ACP
$635M
| $526K | ﹤0.01% |
47,602
-101,639
| -68% | -$1.14M |
|
3171
RadNet
RDNT
$5.02B
| $526K | ﹤0.01% |
17,938
+6,774
| +61% | +$217K |
|
3172
T. Rowe Price Dividend Growth ETF
TDVG
$1.42B
| $526K | ﹤0.01% |
+16,526
| New | +$541K |
|
3173
Pitney Bowes
PBI
$2.4B
| $525K | ﹤0.01% |
72,836
-5,910
| -8% | -$46.3K |
|
3174
Utz Brands
UTZ
$1.25B
| $525K | ﹤0.01% |
30,633
+1,129
| +4% | +$22.9K |
|
3175
MarineMax
HZO
$759M
| $524K | ﹤0.01% |
10,807
+435
| +4% | +$21.7K |
|
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.