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 | |
|---|---|---|---|---|---|---|
376
First Trust Health Care AlphaDEX Fund
FXH
$1.05B
| $42.4M | 0.04% |
356,587
+26,535
| +8% | +$3.25M |
|
377
FedEx
FDX
$73B
| $42.4M | 0.04% |
193,479
+13,340
| +7% | +$3.62M |
|
378
Dominion Energy
D
$62.1B
| $42.4M | 0.04% |
580,148
+93,392
| +19% | +$7.12M |
|
379
Intuit
INTU
$91.1B
| $42.4M | 0.04% |
78,518
+13,032
| +20% | +$7.02M |
|
380
Truist Financial
TFC
$63.9B
| $42.3M | 0.04% |
720,499
+135,062
| +23% | +$7.55M |
|
381
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $42.2M | 0.04% |
797,802
+57,664
| +8% | +$2.93M |
|
382
ARK Blockchain & Fintech Innovation ETF
ARKF
$731M
| $42M | 0.04% |
851,332
+59,442
| +8% | +$3.11M |
|
383
Illinois Tool Works
ITW
$84.1B
| $42M | 0.04% |
203,200
+12,661
| +7% | +$2.85M |
|
384
General Mills
GIS
$20.2B
| $41.8M | 0.04% |
699,320
+31,698
| +5% | +$1.87M |
|
385
Trade Desk
TTD
$8.97B
| $41.5M | 0.04% |
590,558
+35,165
| +6% | +$2.72M |
|
386
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$565M
| $41.2M | 0.04% |
573,066
+42,132
| +8% | +$3.11M |
|
387
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.05B
| $41.2M | 0.04% |
729,146
+56,397
| +8% | +$3.27M |
|
388
Elevance Health
ELV
$81.5B
| $40.8M | 0.04% |
109,540
+16,120
| +17% | +$6.13M |
|
389
Lam Research
LRCX
$316B
| $40.6M | 0.04% |
714,010
+11,190
| +2% | +$681K |
|
390
Emerson Electric
EMR
$81.6B
| $40.4M | 0.04% |
429,175
+58,452
| +16% | +$5.83M |
|
|
DFUS
391
Dimensional US Equity ETF
DFUS
$20.3B
| $40.1M | 0.04% |
851,327
+19,552
| +2% | +$946K |
|
392
TSMC
TSM
$1.94T
| $40.1M | 0.04% |
358,785
+4,136
| +1% | +$486K |
|
393
Pacer Trendpilot 100 ETF
PTNQ
$1.16B
| $39.9M | 0.04% |
717,661
+3,818
| +0.5% | +$216K |
|
394
iShares Expanded Tech Sector ETF
IGM
$9.57B
| $39.8M | 0.04% |
591,228
+53,826
| +10% | +$3.74M |
|
395
iShares Global Clean Energy ETF
ICLN
$2.22B
| $39.8M | 0.04% |
1,836,412
-12,768
| -0.7% | -$291K |
|
396
iShares Core Moderate Allocation ETF
AOM
$1.74B
| $39.4M | 0.04% |
880,833
+61,641
| +8% | +$2.8M |
|
397
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.1B
| $38.6M | 0.04% |
519,097
+63,684
| +14% | +$4.85M |
|
398
GE Aerospace
GE
$364B
| $38.6M | 0.04% |
601,631
+35,610
| +6% | +$2.29M |
|
399
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $38.6M | 0.04% |
365,701
+30,989
| +9% | +$3.35M |
|
400
First Trust Water ETF
FIW
$1.87B
| $38.1M | 0.04% |
447,461
+129,552
| +41% | +$11.4M |
|
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.