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 | |
|---|---|---|---|---|---|---|
651
ProShares Short S&P500
SH
$913M
| $18.7M | 0.02% |
307,526
+88,580
| +40% | +$5.28M |
|
652
Vodafone
VOD
$37.2B
| $18.7M | 0.02% |
1,212,349
+86,515
| +8% | +$1.43M |
|
653
National Grid
NGG
$80.8B
| $18.7M | 0.02% |
355,072
+28,509
| +9% | +$1.64M |
|
654
Canadian Imperial Bank of Commerce
CM
$108B
| $18.7M | 0.02% |
335,974
-24,434
| -7% | -$1.41M |
|
655
Intercontinental Exchange
ICE
$87.7B
| $18.5M | 0.02% |
161,132
+18,236
| +13% | +$2.16M |
|
656
Global X Autonomous & Electric Vehicles ETF
DRIV
$377M
| $18.5M | 0.02% |
673,514
+33,303
| +5% | +$939K |
|
657
Teladoc Health
TDOC
$1.2B
| $18.4M | 0.02% |
145,287
-14,375
| -9% | -$2.09M |
|
658
KraneShares CSI China Internet ETF
KWEB
$5.55B
| $18.4M | 0.02% |
388,632
+87,711
| +29% | +$4.6M |
|
659
State Street SPDR S&P Metals & Mining ETF
XME
$3.92B
| $18.4M | 0.02% |
440,550
-38,462
| -8% | -$1.66M |
|
660
Phillips 66
PSX
$84.4B
| $18.4M | 0.02% |
262,553
-45
| -0% | -$3.26K |
|
661
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.56B
| $18.4M | 0.02% |
534,360
+36,759
| +7% | +$1.28M |
|
|
SIVB
662
DELISTED
SVB Financial Group
SIVB
| $18.2M | 0.02% |
28,211
+2,729
| +11% | +$1.58M |
|
663
Global X MLP & Energy Infrastructure ETF
MLPX
$3.6B
| $18.2M | 0.02% |
507,138
-3,377
| -0.7% | -$117K |
|
664
Skyworks Solutions
SWKS
$9.4B
| $18.2M | 0.02% |
110,403
+17,060
| +18% | +$3.12M |
|
665
Xylem
XYL
$27.3B
| $18.2M | 0.02% |
147,008
+41,749
| +40% | +$5.37M |
|
666
First Trust SSI Strategic Convertible Securities ETF
FCVT
$113M
| $18.1M | 0.02% |
356,474
+33,958
| +11% | +$1.74M |
|
667
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.3B
| $18.1M | 0.02% |
135,406
+23,399
| +21% | +$3.22M |
|
|
K
668
DELISTED
Kellanova
K
| $18.1M | 0.02% |
301,079
+5,349
| +2% | +$321K |
|
669
Johnson Controls International
JCI
$87.2B
| $18.1M | 0.02% |
265,356
+19,027
| +8% | +$1.37M |
|
670
VanEck Preferred Securities ex Financials ETF
PFXF
$2.41B
| $18M | 0.02% |
848,083
+137,548
| +19% | +$2.95M |
|
671
Tractor Supply
TSCO
$15.8B
| $18M | 0.02% |
444,560
+24,315
| +6% | +$943K |
|
672
Global X Cloud Computing ETF
CLOU
$237M
| $18M | 0.02% |
613,171
+89,976
| +17% | +$2.65M |
|
673
Cleveland-Cliffs
CLF
$6.64B
| $18M | 0.02% |
906,271
+278,037
| +44% | +$6.34M |
|
674
Amplify Mobile Payments ETF
IPAY
$173M
| $17.9M | 0.02% |
264,991
+63,816
| +32% | +$4.51M |
|
675
Global X S&P 500 Covered Call ETF
XYLD
$3.22B
| $17.9M | 0.02% |
368,572
+65,790
| +22% | +$3.24M |
|
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.