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 | |
|---|---|---|---|---|---|---|
3501
James Hardie Industries
JHX
$15.3B
| $358K | ﹤0.01% |
10,025
-5,483
| -35% | -$201K |
|
|
BGH
3502
Barings Global Short Duration High Yield Fund
BGH
$282M
| $357K | ﹤0.01% |
20,902
-17,545
| -46% | -$299K |
|
3503
MiMedx Group
MDXG
$602M
| $357K | ﹤0.01% |
58,969
+36,440
| +162% | +$411K |
|
|
IBCE
3504
DELISTED
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF
IBCE
| $357K | ﹤0.01% |
14,439
+32
| +0.2% | +$792 |
|
3505
Credit Acceptance
CACC
$5.95B
| $356K | ﹤0.01% |
608
-582
| -49% | -$317K |
|
3506
Li Auto
LI
$13.4B
| $356K | ﹤0.01% |
13,556
-16,288
| -55% | -$490K |
|
3507
National Health Investors
NHI
$3.72B
| $356K | ﹤0.01% |
6,653
-5,244
| -44% | -$328K |
|
3508
Inovio Pharmaceuticals
INO
$55.7M
| $355K | ﹤0.01% |
4,128
-1,109
| -21% | -$111K |
|
3509
PJT Partners
PJT
$4.3B
| $355K | ﹤0.01% |
4,485
+524
| +13% | +$40.2K |
|
|
FBMS
3510
DELISTED
The First Bancshares, Inc.
FBMS
| $355K | ﹤0.01% |
9,149
| – | – |
|
3511
Autohome
ATHM
$2.67B
| $354K | ﹤0.01% |
7,540
-5,727
| -43% | -$270K |
|
3512
Comfort Systems
FIX
$60.9B
| $354K | ﹤0.01% |
4,964
+1,178
| +31% | +$87.7K |
|
|
SII
3513
Sprott
SII
$2.66B
| $354K | ﹤0.01% |
9,654
+821
| +9% | +$30.1K |
|
|
ACH
3514
Accendra Health
ACH
$237M
| $353K | ﹤0.01% |
11,278
-66,234
| -85% | -$2.61M |
|
|
DISCK
3515
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $353K | ﹤0.01% |
14,539
+6,850
| +89% | +$183K |
|
3516
Park National Corp
PRK
$3.76B
| $352K | ﹤0.01% |
2,885
+678
| +31% | +$79K |
|
|
RESE
3517
DELISTED
WisdomTree Emerging Markets ESG Fund
RESE
| $352K | ﹤0.01% |
9,936
+821
| +9% | +$30.7K |
|
3518
Canadian Solar
CSIQ
$1.02B
| $351K | ﹤0.01% |
10,153
-6,377
| -39% | -$243K |
|
3519
SM Energy
SM
$7.8B
| $351K | ﹤0.01% |
+13,300
| New | +$269K |
|
|
SPTN
3520
DELISTED
SpartanNash
SPTN
| $351K | ﹤0.01% |
16,019
-5,162
| -24% | -$104K |
|
3521
Vroom Inc
VRM
$39M
| $351K | ﹤0.01% |
199
+92
| +86% | +$234K |
|
3522
FlexShares Disciplined Duration MBS Index Fund
MBSD
$88.7M
| $349K | ﹤0.01% |
14,853
+5,765
| +63% | +$136K |
|
3523
Silicon Motion
SIMO
$8.6B
| $349K | ﹤0.01% |
5,058
+80
| +2% | +$5.65K |
|
|
TGP
3524
DELISTED
Teekay LNG Partners L.P.
TGP
| $349K | ﹤0.01% |
22,428
-2,436
| -10% | -$36K |
|
3525
Ascendis Pharma A/S
ASND
$16B
| $348K | ﹤0.01% |
2,181
-117
| -5% | -$16K |
|
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.