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 | |
|---|---|---|---|---|---|---|
3476
Valvoline
VVV
$4.9B
| $371K | ﹤0.01% |
11,914
-23,145
| -66% | -$718K |
|
3477
Axsome Therapeutics
AXSM
$11.2B
| $370K | ﹤0.01% |
11,216
+7,353
| +190% | +$287K |
|
3478
ESCO Technologies
ESE
$8.17B
| $370K | ﹤0.01% |
4,750
+469
| +11% | +$41.5K |
|
|
AMRS
3479
DELISTED
Amyris Inc.
AMRS
| $370K | ﹤0.01% |
26,946
+10,800
| +67% | +$155K |
|
3480
ALPS Dynamic Core Income ETF
RFCI
$15.4M
| $368K | ﹤0.01% |
14,486
-373
| -3% | -$9.57K |
|
|
SBR
3481
Sabine Royalty Trust
SBR
$1.06B
| $368K | ﹤0.01% |
8,601
+425
| +5% | +$16.9K |
|
3482
Virtu Financial
VIRT
$5.11B
| $368K | ﹤0.01% |
15,078
-30,989
| -67% | -$787K |
|
|
HEP
3483
DELISTED
Holly Energy Partners, L.P.
HEP
| $365K | ﹤0.01% |
19,926
+2,989
| +18% | +$58.1K |
|
|
MAXR
3484
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $365K | ﹤0.01% |
12,889
-2,000
| -13% | -$64.2K |
|
3485
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $364K | ﹤0.01% |
3,871
+1,031
| +36% | +$94.8K |
|
|
ALE
3486
DELISTED
Allete
ALE
| $363K | ﹤0.01% |
6,096
+239
| +4% | +$16.2K |
|
3487
NOV
NOV
$6.93B
| $363K | ﹤0.01% |
27,690
+1,023
| +4% | +$13.8K |
|
3488
TFS Financial
TFSL
$5.16B
| $363K | ﹤0.01% |
19,038
+1,137
| +6% | +$22.2K |
|
3489
Viper Energy
VNOM
$8.71B
| $363K | ﹤0.01% |
16,617
+6,523
| +65% | +$121K |
|
3490
Antero Resources
AR
$11.1B
| $362K | ﹤0.01% |
+19,243
| New | +$281K |
|
|
IHD
3491
Voya Emerging Markets High Income Dividend Equity Fund
IHD
$130M
| $362K | ﹤0.01% |
48,998
+3,671
| +8% | +$28K |
|
|
DLY
3492
DoubleLine Yield Opportunities Fund
DLY
$682M
| $361K | ﹤0.01% |
18,885
+1,503
| +9% | +$29.7K |
|
3493
KraneShares MSCI All China Health Care Index ETF
KURE
$98.5M
| $361K | ﹤0.01% |
9,660
-1,707
| -15% | -$66.5K |
|
3494
Matinas BioPharma
MTNB
$1.88M
| $361K | ﹤0.01% |
5,554
+2,435
| +78% | +$105K |
|
3495
Westamerica Bancorp
WABC
$1.38B
| $361K | ﹤0.01% |
6,424
+738
| +13% | +$41.5K |
|
3496
Allegiant Air
ALGT
$2.64B
| $360K | ﹤0.01% |
1,840
+93
| +5% | +$17.8K |
|
3497
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $360K | ﹤0.01% |
13,806
+50
| +0.4% | +$1.32K |
|
3498
Hanover Insurance
THG
$8.1B
| $360K | ﹤0.01% |
2,780
+304
| +12% | +$41.4K |
|
|
XEC
3499
DELISTED
CIMAREX ENERGY CO
XEC
| $360K | ﹤0.01% |
4,133
+1,212
| +41% | +$84.1K |
|
|
EPAY
3500
DELISTED
Bottomline Technologies Inc
EPAY
| $359K | ﹤0.01% |
9,219
+2,444
| +36% | +$98.5K |
|
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.