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 | |
|---|---|---|---|---|---|---|
|
FISV
576
Fiserv Inc
FISV
$28.8B
| $22.8M | 0.02% |
210,088
-4,532
| -2% | -$506K |
|
577
TJX Companies
TJX
$176B
| $22.7M | 0.02% |
344,533
+41,994
| +14% | +$2.93M |
|
578
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.37B
| $22.7M | 0.02% |
439,101
-11,964
| -3% | -$620K |
|
579
iShares Morningstar Value ETF
ILCV
$1.32B
| $22.7M | 0.02% |
356,387
+38,759
| +12% | +$2.53M |
|
580
Ecolab
ECL
$78.6B
| $22.6M | 0.02% |
108,400
+4,207
| +4% | +$922K |
|
581
State Street SPDR Portfolio Europe ETF
SPEU
$732M
| $22.5M | 0.02% |
551,035
+209,480
| +61% | +$8.93M |
|
582
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $22.5M | 0.02% |
503,461
+159,453
| +46% | +$7.47M |
|
583
iShares MSCI KLD 400 Social ETF
DSI
$5.23B
| $22.5M | 0.02% |
270,017
+35,234
| +15% | +$3.01M |
|
584
PIMCO Corporate & Income Opportunity Fund
PTY
$2.49B
| $22.4M | 0.02% |
1,226,155
+70,482
| +6% | +$1.41M |
|
|
WBA
585
DELISTED
Walgreens Boots Alliance
WBA
| $22.4M | 0.02% |
476,273
-45,079
| -9% | -$2.17M |
|
586
Nuveen ESG Large-Cap Growth ETF
NULG
$2.67B
| $22.4M | 0.02% |
342,360
+53,465
| +19% | +$3.6M |
|
587
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.75B
| $22.2M | 0.02% |
327,384
+2,966
| +0.9% | +$210K |
|
588
Marathon Petroleum
MPC
$91.7B
| $22.1M | 0.02% |
358,350
+35,629
| +11% | +$2.05M |
|
589
Norfolk Southern
NSC
$75B
| $22M | 0.02% |
92,125
+7,220
| +9% | +$1.85M |
|
590
ROBO Global Robotics & Automation Index ETF
ROBO
$1.94B
| $21.8M | 0.02% |
338,826
+70,896
| +26% | +$4.71M |
|
591
Freeport-McMoran
FCX
$91.2B
| $21.8M | 0.02% |
670,864
-77,439
| -10% | -$2.73M |
|
592
Novartis
NVS
$301B
| $21.8M | 0.02% |
266,150
+2,027
| +0.8% | +$182K |
|
593
Allstate
ALL
$68.3B
| $21.8M | 0.02% |
170,869
+5,804
| +4% | +$767K |
|
594
Moody's
MCO
$83.5B
| $21.7M | 0.02% |
61,173
+3,565
| +6% | +$1.34M |
|
595
First Trust Long/Short Equity ETF
FTLS
$2.47B
| $21.7M | 0.02% |
448,954
-29,956
| -6% | -$1.47M |
|
596
Diageo
DEO
$49.5B
| $21.7M | 0.02% |
112,451
+3,336
| +3% | +$646K |
|
597
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$482M
| $21.7M | 0.02% |
507,562
+121,380
| +31% | +$5.34M |
|
598
iShares US Home Construction ETF
ITB
$2.29B
| $21.6M | 0.02% |
326,972
+38,407
| +13% | +$2.71M |
|
599
Xcel Energy
XEL
$48.8B
| $21.5M | 0.02% |
344,046
+17,414
| +5% | +$1.18M |
|
600
iShares Morningstar Small-Cap Growth ETF
ISCG
$972M
| $21.5M | 0.02% |
436,675
+39,011
| +10% | +$1.97M |
|
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.