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 | |
|---|---|---|---|---|---|---|
3326
Xerox
XRX
$387M
| $444K | ﹤0.01% |
22,009
+1,733
| +9% | +$39.3K |
|
3327
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$658M
| $443K | ﹤0.01% |
16,276
+3,228
| +25% | +$88.8K |
|
|
EMFM
3328
DELISTED
Global X MSCI Next Emerging & Frontier ETF
EMFM
| $443K | ﹤0.01% |
21,605
+6,160
| +40% | +$125K |
|
|
GOOD
3329
Gladstone Commercial Corp
GOOD
$605M
| $441K | ﹤0.01% |
20,984
+6,212
| +42% | +$139K |
|
3330
Vornado Realty Trust
VNO
$7.41B
| $441K | ﹤0.01% |
10,489
-7,365
| -41% | -$317K |
|
3331
United Therapeutics
UTHR
$25.8B
| $440K | ﹤0.01% |
2,384
-22
| -0.9% | -$4.33K |
|
3332
California Water Service
CWT
$3.1B
| $439K | ﹤0.01% |
7,455
+178
| +2% | +$10.9K |
|
3333
DNOW Inc
DNOW
$2.58B
| $439K | ﹤0.01% |
57,449
+31,550
| +122% | +$258K |
|
3334
iQIYI
IQ
$1.23B
| $439K | ﹤0.01% |
54,668
-18,709
| -25% | -$194K |
|
|
PFO
3335
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$120M
| $439K | ﹤0.01% |
34,234
-8,532
| -20% | -$112K |
|
|
IBDD
3336
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $439K | ﹤0.01% |
16,325
+12
| +0.1% | +$324 |
|
3337
American Eagle Outfitters
AEO
$2.88B
| $438K | ﹤0.01% |
16,957
-16,934
| -50% | -$538K |
|
|
OPTU
3338
Optimum Communications Inc
OPTU
$298M
| $438K | ﹤0.01% |
21,161
+12,599
| +147% | +$367K |
|
3339
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.91B
| $437K | ﹤0.01% |
20,725
-600
| -3% | -$12.8K |
|
|
ERC
3340
Allspring Multi-Sector Income Fund
ERC
$256M
| $437K | ﹤0.01% |
32,303
+1,304
| +4% | +$17.2K |
|
3341
iShares MSCI Thailand ETF
THD
$369M
| $437K | ﹤0.01% |
5,853
-3,423
| -37% | -$258K |
|
3342
Wipro
WIT
$19.6B
| $437K | ﹤0.01% |
98,984
-90,398
| -48% | -$395K |
|
|
CNH
3343
CNH Industrial
CNH
$12.7B
| $436K | ﹤0.01% |
30,172
-33,905
| -53% | -$487K |
|
3344
InfraCap REIT Preferred ETF
PFFR
$119M
| $435K | ﹤0.01% |
17,786
-52,254
| -75% | -$1.28M |
|
3345
SouthState Bank Corp
SSB
$10.2B
| $435K | ﹤0.01% |
+5,820
| New | +$415K |
|
3346
Home BancShares
HOMB
$6.23B
| $434K | ﹤0.01% |
18,459
-265
| -1% | -$5.89K |
|
3347
Mattel
MAT
$4.38B
| $434K | ﹤0.01% |
23,365
-154
| -0.7% | -$3.19K |
|
3348
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$78.3M
| $434K | ﹤0.01% |
6,449
-555
| -8% | -$39.5K |
|
3349
FuelCell Energy
FCEL
$1.73B
| $433K | ﹤0.01% |
2,158
-979
| -31% | -$194K |
|
|
ODP
3350
DELISTED
ODP
ODP
| $433K | ﹤0.01% |
10,777
+2,500
| +30% | +$113K |
|
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.