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 | |
|---|---|---|---|---|---|---|
3526
Hayward Holdings
HAYW
$3.21B
| $348K | ﹤0.01% |
+15,653
| New | +$352K |
|
3527
Pacira BioSciences
PCRX
$1.04B
| $348K | ﹤0.01% |
6,220
+649
| +12% | +$37.4K |
|
|
MIC
3528
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $348K | ﹤0.01% |
8,578
-725
| -8% | -$28.6K |
|
3529
Century Aluminum
CENX
$4.43B
| $347K | ﹤0.01% |
25,790
+4,610
| +22% | +$58K |
|
|
WSR
3530
DELISTED
Whitestone REIT
WSR
| $347K | ﹤0.01% |
35,440
-690
| -2% | -$6.32K |
|
3531
First Commonwealth Financial
FCF
$2.18B
| $346K | ﹤0.01% |
25,415
+1,810
| +8% | +$24.1K |
|
3532
The Honest Company
HNST
$402M
| $346K | ﹤0.01% |
33,332
+1,984
| +6% | +$24.2K |
|
|
CNBKA
3533
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $346K | ﹤0.01% |
3,000
| – | – |
|
3534
Boot Barn
BOOT
$4.51B
| $345K | ﹤0.01% |
+3,883
| New | +$335K |
|
3535
Ryan Specialty Holdings
RYAN
$5.72B
| $345K | ﹤0.01% |
+10,175
| New | +$321K |
|
3536
Webster Financial
WBS
$12.5B
| $345K | ﹤0.01% |
6,327
-1,163
| -16% | -$57.9K |
|
|
CEM
3537
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $345K | ﹤0.01% |
+12,723
| New | +$342K |
|
|
GLOP
3538
DELISTED
GASLOG PARTNERS LP
GLOP
| $345K | ﹤0.01% |
71,500
-198
| -0.3% | -$856 |
|
|
USEQ
3539
DELISTED
Invesco Russell 1000 Enhanced Equal Weight ETF
USEQ
| $344K | ﹤0.01% |
9,653
+2,687
| +39% | +$98.3K |
|
3540
UMB Financial
UMBF
$11.1B
| $343K | ﹤0.01% |
3,546
+1,183
| +50% | +$108K |
|
|
GOEV
3541
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $343K | ﹤0.01% |
97
+2
| +2% | +$7.14K |
|
3542
Paysafe
PSFE
$414M
| $342K | ﹤0.01% |
3,673
+899
| +32% | +$103K |
|
|
MFA
3543
MFA Financial
MFA
$926M
| $341K | ﹤0.01% |
18,648
+1,140
| +7% | +$21.2K |
|
3544
Stepan Co
SCL
$1.46B
| $341K | ﹤0.01% |
3,016
+17
| +0.6% | +$1.98K |
|
3545
Weibo
WB
$2B
| $341K | ﹤0.01% |
7,184
+1,830
| +34% | +$98.8K |
|
3546
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $341K | ﹤0.01% |
+3,800
| New | +$345K |
|
3547
Leslie's
LESL
$8.9M
| $340K | ﹤0.01% |
828
+305
| +58% | +$146K |
|
|
CS
3548
DELISTED
Credit Suisse Group
CS
| $340K | ﹤0.01% |
34,521
+9,581
| +38% | +$97.9K |
|
3549
Northwest Bancshares
NWBI
$2.3B
| $339K | ﹤0.01% |
25,505
+13,935
| +120% | +$183K |
|
3550
Signet Jewelers
SIG
$3.61B
| $339K | ﹤0.01% |
4,288
+226
| +6% | +$16.6K |
|
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.