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 | |
|---|---|---|---|---|---|---|
3876
Madrigal Pharmaceuticals
MDGL
$10.8B
| $224K | ﹤0.01% |
2,813
-205
| -7% | -$17.7K |
|
3877
Vertex
VERX
$2.09B
| $224K | ﹤0.01% |
+11,637
| New | +$225K |
|
3878
American Outdoor Brands
AOUT
$155M
| $223K | ﹤0.01% |
9,069
-414
| -4% | -$11.6K |
|
3879
argenx
ARGX
$54.6B
| $223K | ﹤0.01% |
+737
| New | +$234K |
|
3880
Mine Safety
MSA
$7.35B
| $223K | ﹤0.01% |
1,529
+236
| +18% | +$37.5K |
|
3881
PUT
Visa
V
$684B
| $223K | ﹤0.01% |
1,000
| – | – |
|
|
SAFM
3882
DELISTED
Sanderson Farms Inc
SAFM
| $223K | ﹤0.01% |
1,187
-932
| -44% | -$176K |
|
3883
Bank of Marin Bancorp
BMRC
$472M
| $222K | ﹤0.01% |
5,879
-23,094
| -80% | -$805K |
|
|
EDF
3884
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$164M
| $222K | ﹤0.01% |
+29,839
| New | +$249K |
|
3885
Occidental Petroleum Corp Warrants
OXY.WS
$33B
| $222K | ﹤0.01% |
18,748
+890
| +5% | +$9.58K |
|
|
INFR
3886
DELISTED
Legg Mason ETF Investment Trust Legg Mason Global Infrastructure ETF
INFR
| $222K | ﹤0.01% |
7,475
+100
| +1% | +$3.09K |
|
|
AFMD
3887
DELISTED
Affimed
AFMD
| $221K | ﹤0.01% |
3,577
+180
| +5% | +$11.8K |
|
3888
Insteel Industries
IIIN
$593M
| $221K | ﹤0.01% |
+5,817
| New | +$215K |
|
3889
Lineage Cell Therapeutics
LCTX
$269M
| $221K | ﹤0.01% |
87,580
+27,200
| +45% | +$69.8K |
|
|
HGEN
3890
DELISTED
HUMANIGEN, INC.
HGEN
| $221K | ﹤0.01% |
+37,217
| New | +$523K |
|
3891
PUT
Boeing
BA
$171B
| $220K | ﹤0.01% |
1,000
| – | – |
|
3892
Highwoods Properties
HIW
$3.65B
| $220K | ﹤0.01% |
+5,006
| New | +$229K |
|
|
PCM
3893
PCM Fund
PCM
$69.3M
| $220K | ﹤0.01% |
19,350
+187
| +1% | +$2.18K |
|
3894
Arrow Electronics
ARW
$11.1B
| $219K | ﹤0.01% |
1,948
-1,892
| -49% | -$219K |
|
3895
Uranium Energy
UEC
$4.75B
| $219K | ﹤0.01% |
71,869
+51,094
| +246% | +$128K |
|
3896
Wheels Up
UP
$208M
| $219K | ﹤0.01% |
166
-101
| -38% | -$166K |
|
|
DSKE
3897
DELISTED
Daseke, Inc. Common Stock
DSKE
| $219K | ﹤0.01% |
+23,775
| New | +$198K |
|
3898
Ultragenyx Pharmaceutical
RARE
$2.45B
| $218K | ﹤0.01% |
2,415
+22
| +0.9% | +$1.99K |
|
3899
The RealReal
REAL
$1.46B
| $218K | ﹤0.01% |
16,560
-4,434
| -21% | -$65.7K |
|
3900
Rogers Corp
ROG
$2.21B
| $218K | ﹤0.01% |
1,171
-76
| -6% | -$15K |
|
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.