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 | |
|---|---|---|---|---|---|---|
401
Autodesk
ADSK
$51.8B
| $37.6M | 0.04% |
131,893
+21,263
| +19% | +$6.51M |
|
402
iShares California Muni Bond ETF
CMF
$4.55B
| $37.5M | 0.04% |
604,102
+48,004
| +9% | +$3.01M |
|
403
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$276M
| $37.2M | 0.03% |
629,166
+98,417
| +19% | +$6.01M |
|
404
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $37.1M | 0.03% |
1,202,383
-43,351
| -3% | -$1.36M |
|
405
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.6B
| $36.9M | 0.03% |
808,158
+8,477
| +1% | +$388K |
|
406
John Hancock Multifactor Large Cap ETF
JHML
$1.15B
| $36.7M | 0.03% |
673,684
+15,669
| +2% | +$874K |
|
407
General Motors
GM
$80.9B
| $36.4M | 0.03% |
691,071
+42,432
| +7% | +$2.26M |
|
408
Amplify Online Retail ETF
IBUY
$112M
| $36.3M | 0.03% |
332,304
+3,601
| +1% | +$426K |
|
409
Global X US Preferred ETF
PFFD
$2.13B
| $36.3M | 0.03% |
1,408,761
+207,958
| +17% | +$5.41M |
|
410
Uber
UBER
$145B
| $36.3M | 0.03% |
808,824
+95,947
| +13% | +$4.19M |
|
411
Mercado Libre
MELI
$94.5B
| $36.3M | 0.03% |
21,588
+585
| +3% | +$1.01M |
|
412
iShares Global REIT ETF
REET
$5.14B
| $36.2M | 0.03% |
1,321,237
+176,227
| +15% | +$5.06M |
|
413
Applied Materials
AMAT
$347B
| $36.1M | 0.03% |
280,065
+12,786
| +5% | +$1.74M |
|
414
iShares ESG Aware MSCI EAFE ETF
ESGD
$11.7B
| $36M | 0.03% |
459,562
+118,159
| +35% | +$9.49M |
|
415
CSX Corp
CSX
$94B
| $36M | 0.03% |
1,209,679
+143,219
| +13% | +$4.59M |
|
416
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.06B
| $35.9M | 0.03% |
711,647
-30,833
| -4% | -$1.56M |
|
417
iShares US Industrials ETF
IYJ
$1.95B
| $35.8M | 0.03% |
333,993
+1,347
| +0.4% | +$151K |
|
418
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.36B
| $35.7M | 0.03% |
569,693
+35,750
| +7% | +$2.25M |
|
419
iShares US Real Estate ETF
IYR
$4.75B
| $35.7M | 0.03% |
348,280
+52,191
| +18% | +$5.55M |
|
420
American Electric Power
AEP
$70.4B
| $35.3M | 0.03% |
434,635
+41,983
| +11% | +$3.66M |
|
421
First Trust Indxx NextG ETF
NXTG
$523M
| $34.9M | 0.03% |
457,184
+49,720
| +12% | +$3.86M |
|
422
Vanguard S&P 500 Value ETF
VOOV
$6.61B
| $34.8M | 0.03% |
247,436
+14,566
| +6% | +$2.1M |
|
423
Palo Alto Networks
PANW
$256B
| $34.7M | 0.03% |
434,292
+3,528
| +0.8% | +$248K |
|
424
Schwab US TIPS ETF
SCHP
$16.4B
| $34.6M | 0.03% |
1,104,460
+97,810
| +10% | +$3.09M |
|
425
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$721M
| $34.4M | 0.03% |
600,630
+87,281
| +17% | +$5.19M |
|
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.