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 | |
|---|---|---|---|---|---|---|
451
Mondelez International
MDLZ
$80.5B
| $32M | 0.03% |
550,336
+49,509
| +10% | +$3.08M |
|
452
Kinder Morgan
KMI
$70.5B
| $31.9M | 0.03% |
1,905,854
+231,007
| +14% | +$3.92M |
|
453
Prudential Financial
PRU
$42.6B
| $31.9M | 0.03% |
302,780
+16,481
| +6% | +$1.7M |
|
454
Prologis
PLD
$136B
| $31.8M | 0.03% |
253,483
+22,391
| +10% | +$2.91M |
|
455
iShares MSCI Intl Quality Factor ETF
IQLT
$13.9B
| $31.6M | 0.03% |
835,406
+269,719
| +48% | +$10.7M |
|
456
Dimensional International Value ETF
DFIV
$21.4B
| $31.5M | 0.03% |
+961,292
| New | +$31.8M |
|
457
NXP Semiconductors
NXPI
$61.8B
| $31.4M | 0.03% |
160,441
+14,451
| +10% | +$3M |
|
458
Twilio
TWLO
$29B
| $31.4M | 0.03% |
98,388
+8,952
| +10% | +$3.26M |
|
459
Pacer US Cash Cows 100 ETF
COWZ
$18.7B
| $31.4M | 0.03% |
717,826
+210,400
| +41% | +$9.26M |
|
460
iShares Core Conservative Allocation ETF
AOK
$788M
| $31.4M | 0.03% |
794,078
+50,648
| +7% | +$2.03M |
|
461
Unilever
UL
$141B
| $31.2M | 0.03% |
512,236
+55,037
| +12% | +$3.51M |
|
462
Zoom
ZM
$27.1B
| $31.2M | 0.03% |
119,485
+1,523
| +1% | +$513K |
|
463
General Dynamics
GD
$103B
| $31.2M | 0.03% |
158,951
+14,670
| +10% | +$2.87M |
|
464
Ares Capital
ARCC
$13.5B
| $31M | 0.03% |
1,526,555
+86,058
| +6% | +$1.72M |
|
465
ASML
ASML
$634B
| $31M | 0.03% |
41,612
+3,185
| +8% | +$2.5M |
|
466
ConocoPhillips
COP
$145B
| $30.9M | 0.03% |
455,926
+51,924
| +13% | +$3M |
|
467
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.88B
| $30.9M | 0.03% |
395,475
+22,662
| +6% | +$1.85M |
|
468
Idexx Laboratories
IDXX
$44.1B
| $30.7M | 0.03% |
49,402
+24,639
| +99% | +$16.6M |
|
469
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.08B
| $30.7M | 0.03% |
1,000,126
+121,194
| +14% | +$3.71M |
|
470
Becton Dickinson
BDX
$45.6B
| $30.6M | 0.03% |
127,792
+39,115
| +44% | +$9.59M |
|
471
Vanguard Industrials ETF
VIS
$8.04B
| $30.5M | 0.03% |
162,344
+24,568
| +18% | +$4.82M |
|
472
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.26B
| $30.1M | 0.03% |
421,134
-90,731
| -18% | -$6.49M |
|
473
TE Connectivity
TEL
$59.9B
| $30.1M | 0.03% |
219,448
+30,169
| +16% | +$4.35M |
|
474
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $30.1M | 0.03% |
1,004,476
+177,764
| +22% | +$5.4M |
|
475
iShares US Financials ETF
IYF
$4.67B
| $30.1M | 0.03% |
364,050
+9,577
| +3% | +$795K |
|
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.