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 | |
|---|---|---|---|---|---|---|
551
Enterprise Products Partners
EPD
$82.5B
| $24.1M | 0.02% |
1,111,584
+81,184
| +8% | +$1.84M |
|
552
Atlassian
TEAM
$24.9B
| $24M | 0.02% |
61,335
+6,040
| +11% | +$2.02M |
|
553
First Trust S&P REIT Index Fund
FRI
$190M
| $23.9M | 0.02% |
846,358
+666,975
| +372% | +$19.5M |
|
554
Invesco Large Cap Value ETF
PWV
$1.68B
| $23.9M | 0.02% |
537,760
+31,425
| +6% | +$1.41M |
|
555
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$504M
| $23.9M | 0.02% |
249,425
-46,894
| -16% | -$4.49M |
|
556
Berkshire Hathaway Class A
BRK.A
$1.1T
| $23.9M | 0.02% |
58
-3
| -5% | -$1.27M |
|
557
Rockwell Automation
ROK
$52.4B
| $23.8M | 0.02% |
81,108
+8,706
| +12% | +$2.67M |
|
558
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$250M
| $23.8M | 0.02% |
772,075
+20,060
| +3% | +$640K |
|
559
Invesco Senior Loan ETF
BKLN
$6.97B
| $23.8M | 0.02% |
1,074,702
+35,169
| +3% | +$777K |
|
560
Linde
LIN
$235B
| $23.6M | 0.02% |
80,589
+7,693
| +11% | +$2.34M |
|
561
iShares MSCI India ETF
INDA
$6.88B
| $23.6M | 0.02% |
484,733
-175,430
| -27% | -$8.18M |
|
562
Aflac
AFL
$64.8B
| $23.6M | 0.02% |
452,549
+48,486
| +12% | +$2.65M |
|
563
iShares Morningstar Mid-Cap ETF
IMCB
$1.66B
| $23.6M | 0.02% |
354,386
+22,575
| +7% | +$1.53M |
|
564
Carrier Global
CARR
$50.6B
| $23.5M | 0.02% |
454,501
+184,563
| +68% | +$9.93M |
|
565
Fidelity MSCI Information Technology Index ETF
FTEC
$19.9B
| $23.5M | 0.02% |
198,215
+75,415
| +61% | +$9.23M |
|
566
Global X FinTech ETF
FINX
$173M
| $23.4M | 0.02% |
487,517
+85,468
| +21% | +$4.18M |
|
567
Regeneron Pharmaceuticals
REGN
$77.4B
| $23.3M | 0.02% |
38,581
+3,746
| +11% | +$2.33M |
|
568
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.71B
| $23.2M | 0.02% |
260,936
+14,676
| +6% | +$1.34M |
|
569
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.73B
| $23.2M | 0.02% |
208,801
+10,294
| +5% | +$1.18M |
|
570
Sherwin-Williams
SHW
$83.7B
| $23.2M | 0.02% |
83,025
+737
| +0.9% | +$216K |
|
571
Goldman Sachs Access High Yield Corporate Bond ETF
GHYB
$134M
| $22.9M | 0.02% |
457,184
+35,890
| +9% | +$1.8M |
|
572
Constellation Brands
STZ
$22.3B
| $22.9M | 0.02% |
108,779
+2,463
| +2% | +$538K |
|
573
Hartford Multifactor Developed Markets ex-US ETF
RODM
$1.63B
| $22.9M | 0.02% |
761,151
+37,851
| +5% | +$1.18M |
|
574
Aptiv
APTV
$12.3B
| $22.9M | 0.02% |
153,260
+5,434
| +4% | +$846K |
|
575
iShares US Financial Services ETF
IYG
$2.16B
| $22.8M | 0.02% |
364,122
-43,158
| -11% | -$2.71M |
|
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.