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 | |
|---|---|---|---|---|---|---|
426
State Street SPDR S&P Semiconductor ETF
XSD
$2.51B
| $34.3M | 0.03% |
173,225
+15,204
| +10% | +$2.97M |
|
427
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.6B
| $34M | 0.03% |
915,598
+98,558
| +12% | +$3.83M |
|
428
Invesco Leisure and Entertainment ETF
PEJ
$263M
| $33.8M | 0.03% |
671,043
-7,749
| -1% | -$385K |
|
429
Broadridge
BR
$18.4B
| $33.8M | 0.03% |
202,588
+5,551
| +3% | +$945K |
|
430
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $33.7M | 0.03% |
560,824
+110,485
| +25% | +$6.73M |
|
|
IBDN
431
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $33.7M | 0.03% |
1,331,113
+40,031
| +3% | +$1.01M |
|
432
Alerian MLP ETF
AMLP
$12.9B
| $33.6M | 0.03% |
1,009,206
-325,769
| -24% | -$10.9M |
|
433
Stryker
SYK
$135B
| $33.6M | 0.03% |
127,342
+3,866
| +3% | +$1.03M |
|
434
Oneok
OKE
$56.7B
| $33.6M | 0.03% |
579,105
+60,098
| +12% | +$3.23M |
|
435
Clorox
CLX
$12B
| $33.5M | 0.03% |
202,565
+13,023
| +7% | +$2.24M |
|
436
Roku
ROKU
$21.6B
| $33.3M | 0.03% |
106,246
+5,964
| +6% | +$2.25M |
|
437
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.88B
| $33.2M | 0.03% |
482,661
+55,914
| +13% | +$3.95M |
|
438
Zoetis
ZTS
$32.7B
| $33.2M | 0.03% |
171,000
+20,634
| +14% | +$4.16M |
|
439
iShares Dow Jones US ETF
IYY
$2.89B
| $33.1M | 0.03% |
307,228
+19,796
| +7% | +$2.2M |
|
|
IBDO
440
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $33.1M | 0.03% |
1,272,204
+104,731
| +9% | +$2.72M |
|
441
Invesco Solar ETF
TAN
$1.37B
| $33M | 0.03% |
413,263
+20,377
| +5% | +$1.72M |
|
442
Dow Inc
DOW
$22B
| $32.8M | 0.03% |
570,471
+17,664
| +3% | +$1.08M |
|
443
Williams Companies
WMB
$85.8B
| $32.6M | 0.03% |
1,257,425
+105,114
| +9% | +$2.65M |
|
444
Invesco Dorsey Wright Momentum ETF
PDP
$1.38B
| $32.6M | 0.03% |
364,242
-23,031
| -6% | -$2.12M |
|
445
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$293M
| $32.5M | 0.03% |
562,853
+46,485
| +9% | +$2.71M |
|
446
WisdomTree US Total Dividend Fund
DTD
$1.64B
| $32.3M | 0.03% |
550,484
-39,832
| -7% | -$2.41M |
|
447
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.5B
| $32.3M | 0.03% |
1,142,036
+600,170
| +111% | +$17.4M |
|
448
Hershey
HSY
$37.3B
| $32.1M | 0.03% |
189,723
+6,889
| +4% | +$1.22M |
|
449
Colgate-Palmolive
CL
$74.8B
| $32.1M | 0.03% |
424,354
+1,934
| +0.5% | +$154K |
|
450
Paychex
PAYX
$43.4B
| $32M | 0.03% |
284,963
+18,020
| +7% | +$2.02M |
|
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.