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 | |
|---|---|---|---|---|---|---|
476
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $30.1M | 0.03% |
588,434
+61,350
| +12% | +$3.14M |
|
477
L3Harris
LHX
$51.6B
| $29.9M | 0.03% |
135,669
+21,388
| +19% | +$4.86M |
|
478
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.05B
| $29.8M | 0.03% |
765,930
+207,012
| +37% | +$8.01M |
|
479
Edwards Lifesciences
EW
$49.6B
| $29.8M | 0.03% |
263,428
+28,676
| +12% | +$3.27M |
|
480
Vanguard Energy ETF
VDE
$10.1B
| $29.7M | 0.03% |
401,877
-75,570
| -16% | -$5.27M |
|
481
Air Products & Chemicals
APD
$65.7B
| $29.5M | 0.03% |
115,220
+14,783
| +15% | +$4.09M |
|
482
Eaton
ETN
$161B
| $29.4M | 0.03% |
197,151
+30,639
| +18% | +$4.9M |
|
483
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.49B
| $29.4M | 0.03% |
1,019,790
-46,180
| -4% | -$1.37M |
|
484
Coinbase
COIN
$38.6B
| $29.3M | 0.03% |
128,917
+26,058
| +25% | +$6.41M |
|
485
State Street US Sector Rotation ETF
XLSR
$1.01B
| $29.3M | 0.03% |
662,448
+562,148
| +560% | +$25.6M |
|
486
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.65B
| $29.3M | 0.03% |
302,523
-258,680
| -46% | -$22M |
|
487
Schwab US Broad Market ETF
SCHB
$43.2B
| $29.1M | 0.03% |
1,681,536
+190,356
| +13% | +$3.39M |
|
488
Sea Limited
SE
$65.4B
| $29M | 0.03% |
90,954
+5,446
| +6% | +$1.67M |
|
489
Amplify Cybersecurity ETF
HACK
$2.68B
| $28.9M | 0.03% |
475,368
+58,526
| +14% | +$3.67M |
|
490
United Rentals
URI
$67.2B
| $28.9M | 0.03% |
82,357
-4,599
| -5% | -$1.54M |
|
491
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.2B
| $28.9M | 0.03% |
295,317
+14,491
| +5% | +$1.46M |
|
492
Cummins
CMI
$87.5B
| $28.6M | 0.03% |
127,546
+9,166
| +8% | +$2.15M |
|
493
Shift4
FOUR
$4.2B
| $28.4M | 0.03% |
365,814
-9,486
| -3% | -$818K |
|
494
Invesco Water Resources ETF
PHO
$2.01B
| $28.1M | 0.03% |
514,341
+118,182
| +30% | +$6.71M |
|
495
Pacer Data & Infrastructure Real Estate ETF
SRVR
$372M
| $28.1M | 0.03% |
721,454
+78,342
| +12% | +$3.22M |
|
496
First Trust Lunt US Factor Rotation ETF
FCTR
$53.6M
| $27.9M | 0.03% |
821,097
+493,471
| +151% | +$17.5M |
|
497
State Street SPDR ICE Preferred Securities ETF
PSK
$692M
| $27.8M | 0.03% |
639,355
+54,032
| +9% | +$2.36M |
|
498
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.06B
| $27.7M | 0.03% |
368,386
+51,190
| +16% | +$3.96M |
|
499
Nucor
NUE
$58.6B
| $27.6M | 0.03% |
280,482
+9,126
| +3% | +$970K |
|
500
Airbnb
ABNB
$89.9B
| $27.6M | 0.03% |
164,526
+20,426
| +14% | +$3.12M |
|
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.