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 | |
|---|---|---|---|---|---|---|
3626
ArcBest
ARCB
$3.23B
| $305K | ﹤0.01% |
3,728
+258
| +7% | +$17K |
|
3627
Inseego
INSG
$114M
| $305K | ﹤0.01% |
4,582
-1,960
| -30% | -$164K |
|
|
HTY
3628
DELISTED
JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND
HTY
| $305K | ﹤0.01% |
46,514
+4,588
| +11% | +$30.8K |
|
|
FIRY
3629
Firy Inc
FIRY
$148M
| $304K | ﹤0.01% |
1,546
-124
| -7% | -$32.1K |
|
3630
ProShares S&P 500 ex-Energy ETF
SPXE
$83.6M
| $304K | ﹤0.01% |
+6,518
| New | +$313K |
|
3631
Tower Semiconductor
TSEM
$24.8B
| $304K | ﹤0.01% |
10,166
+997
| +11% | +$28.7K |
|
|
AERI
3632
DELISTED
Aerie Pharmaceuticals
AERI
| $304K | ﹤0.01% |
26,634
+1,912
| +8% | +$27.9K |
|
3633
Alto Ingredients
ALTO
$369M
| $303K | ﹤0.01% |
61,282
-6,246
| -9% | -$31.5K |
|
3634
California Resources
CRC
$4.67B
| $303K | ﹤0.01% |
+7,400
| New | +$242K |
|
|
HA
3635
DELISTED
Hawaiian Holdings, Inc.
HA
| $303K | ﹤0.01% |
13,997
+1,731
| +14% | +$35.5K |
|
|
SWIR
3636
DELISTED
Sierra Wireless
SWIR
| $303K | ﹤0.01% |
19,545
-4,950
| -20% | -$85.4K |
|
|
HTO
3637
H2O America
HTO
$2.57B
| $302K | ﹤0.01% |
+4,574
| New | +$309K |
|
|
EQIN
3638
Columbia U.S. Equity Income ETF
EQIN
$307M
| $302K | ﹤0.01% |
+8,494
| New | +$308K |
|
|
BNY
3639
DELISTED
BlackRock New York Municipal Income Trust
BNY
| $301K | ﹤0.01% |
19,637
+198
| +1% | +$3.03K |
|
3640
GoPro
GPRO
$130M
| $301K | ﹤0.01% |
32,120
-68,082
| -68% | -$688K |
|
3641
NBT Bancorp
NBTB
$2.74B
| $301K | ﹤0.01% |
8,325
+94
| +1% | +$3.3K |
|
|
PMO
3642
Franklin Municipal Opportunities Trust
PMO
$280M
| $301K | ﹤0.01% |
21,966
+1,960
| +10% | +$28.2K |
|
|
HYI
3643
Western Asset High Yield Opportunity Fund Inc
HYI
$133M
| $300K | ﹤0.01% |
18,842
+3,231
| +21% | +$50.8K |
|
3644
Phreesia
PHR
$663M
| $300K | ﹤0.01% |
4,858
+429
| +10% | +$28.6K |
|
3645
ProShares Decline of the Retail Store ETF
EMTY
$2.94M
| $299K | ﹤0.01% |
9,124
+3,550
| +64% | +$112K |
|
3646
Franklin FTSE South Korea ETF
FLKR
$1.23B
| $299K | ﹤0.01% |
10,391
+707
| +7% | +$21.9K |
|
|
LNW
3647
DELISTED
Light & Wonder
LNW
| $299K | ﹤0.01% |
+3,605
| New | +$254K |
|
3648
Nelnet
NNI
$4.88B
| $299K | ﹤0.01% |
3,773
+250
| +7% | +$19.3K |
|
|
AHRT
3649
AH Realty Trust
AHRT
$529M
| $298K | ﹤0.01% |
+22,286
| New | +$295K |
|
3650
APi Group
APG
$17.1B
| $297K | ﹤0.01% |
21,897
+1,768
| +9% | +$25.6K |
|
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.