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
|
+$503M |
| 2 |
iShares S&P 100 ETF
OEF
|
+$496M |
| 3 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$494M |
| 4 |
Capital Group Dividend Value ETF
CGDV
|
+$400M |
| 5 |
BDYN
iShares Dynamic Equity Active ETF
BDYN
|
+$388M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$383M |
| 2 |
iShares US Technology ETF
IYW
|
+$332M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$177M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$130M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 3.63% |
| 3 | Consumer Discretionary | 2.79% |
| 4 | Communication Services | 2.54% |
| 5 | Industrials | 2.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
QCOC
5126
FT Vest Nasdaq-100 Conservative Buffer ETF - October
QCOC
$64.8M
| $273K | ﹤0.01% |
+12,379
| New | +$268K |
|
5127
Puma Biotechnology
PBYI
$395M
| $272K | ﹤0.01% |
51,303
-1,990
| -4% | -$8.44K |
|
5128
PUT
Xometry
XMTR
$5.08B
| $272K | ﹤0.01% |
+5,000
| New | +$217K |
|
5129
PUT
D-Wave Quantum Inc. Common Stock
QBTS
$8.03B
| $272K | ﹤0.01% |
+11,000
| New | +$200K |
|
|
EVF
5130
Eaton Vance Senior Income Trust
EVF
$90.7M
| $271K | ﹤0.01% |
49,515
+7,944
| +19% | +$44.3K |
|
5131
Capri Holdings
CPRI
$1.88B
| $271K | ﹤0.01% |
13,610
+1,382
| +11% | +$27.7K |
|
5132
Xeris Biopharma Holdings
XERS
$1.42B
| $271K | ﹤0.01% |
33,302
-9,750
| -23% | -$64.8K |
|
|
ORC
5133
Orchid Island Capital
ORC
$1.29B
| $271K | ﹤0.01% |
38,668
+301
| +0.8% | +$2.14K |
|
5134
Nektar Therapeutics
NKTR
$2.45B
| $271K | ﹤0.01% |
+4,754
| New | +$157K |
|
5135
AirSculpt Technologies
AIRS
$351M
| $269K | ﹤0.01% |
33,593
+16,496
| +96% | +$102K |
|
|
TGNA
5136
DELISTED
TEGNA Inc
TGNA
| $269K | ﹤0.01% |
13,211
+824
| +7% | +$15.7K |
|
5137
Franklin FTSE China ETF
FLCH
$307M
| $268K | ﹤0.01% |
10,320
+4
| +0% | +$95 |
|
5138
Pacer US Small Cap Cash Cows Growth Leaders ETF
CAFG
$31.2M
| $268K | ﹤0.01% |
10,342
+5
| +0% | +$126 |
|
5139
Procept Biorobotics
PRCT
$1.04B
| $268K | ﹤0.01% |
7,511
+1,161
| +18% | +$53K |
|
5140
CALL
Badger Meter
BMI
$4.01B
| $268K | ﹤0.01% |
+1,500
| New | +$295K |
|
|
5141
PUT
iShares Core S&P 500 ETF
IVV
$901B
| $268K | ﹤0.01% |
400
| – | – |
|
5142
Travelzoo
TZOO
$77.5M
| $268K | ﹤0.01% |
+27,234
| New | +$293K |
|
5143
Standard Motor Products
SMP
$921M
| $267K | ﹤0.01% |
+6,549
| New | +$240K |
|
5144
Vitesse Energy
VTS
$649M
| $267K | ﹤0.01% |
11,507
-3,036
| -21% | -$74.6K |
|
5145
ProShares Ultra Silver
AGQ
$1.2B
| $267K | ﹤0.01% |
+3,505
| New | +$198K |
|
5146
CALL
Organon & Co
OGN
$3.56B
| $267K | ﹤0.01% |
25,000
+2,500
| +11% | +$24.5K |
|
5147
Dime Commercial Bancshares
DCOM
$1.85B
| $266K | ﹤0.01% |
8,933
-837
| -9% | -$24.5K |
|
5148
Shimmick
SHIM
$172M
| $266K | ﹤0.01% |
102,026
-20,075
| -16% | -$49.3K |
|
5149
CALL
LPL Financial
LPLA
$28.1B
| $266K | ﹤0.01% |
800
-800
| -50% | -$290K |
|
5150
Rush Street Interactive
RSI
$2.93B
| $266K | ﹤0.01% |
12,976
+2,299
| +22% | +$43.4K |
|
Similar funds
LPL Financial's Q3 2025 Portfolio in Review
As of Q3 2025, LPL Financial held 6,030 positions worth $343B, up 14% from $300B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
LPL Financial deployed $23B of net new capital in Q3 2025, opening 481 new positions and adding to 3,569 existing holdings. Its largest new stake was iShares Dynamic Equity Active ETF: 15,367,303 shares worth $389M.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.5% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $383M trimmed.
- LPL Financial's largest Q3 2025 buy was iShares Dynamic Equity Active ETF: 15,367,303 shares worth $389M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $503M increase.
- LPL Financial's biggest Q3 2025 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $383M.
- LPL Financial fully exited Hess in Q3 2025, selling an estimated $6.48M.
- LPL Financial's ten largest holdings make up 15% of its $343B portfolio in Q3 2025.
- LPL Financial opened 481 new positions and closed 237 in Q3 2025.
- LPL Financial's portfolio value rose 14% quarter-over-quarter to $343B.
Based on LPL Financial's 13F filing for Q3 2025, filed 12 Nov 2025.