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 | |
|---|---|---|---|---|---|---|
701
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.3M
| $16.7M | 0.02% |
467,903
+213,715
| +84% | +$7.74M |
|
702
Rio Tinto
RIO
$158B
| $16.7M | 0.02% |
250,142
+89,859
| +56% | +$7.01M |
|
703
Equinix
EQIX
$103B
| $16.7M | 0.02% |
21,142
+2,246
| +12% | +$1.87M |
|
704
iShares US Consumer Discretionary ETF
IYC
$1.16B
| $16.7M | 0.02% |
216,001
+14,254
| +7% | +$1.12M |
|
705
Invesco S&P MidCap Value with Momentum ETF
XMVM
$505M
| $16.7M | 0.02% |
373,434
-1,940
| -0.5% | -$88.3K |
|
706
iShares MSCI ACWI ETF
ACWI
$32.7B
| $16.6M | 0.02% |
166,222
+22,165
| +15% | +$2.28M |
|
707
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
$714M
| $16.6M | 0.02% |
309,461
+33,295
| +12% | +$1.82M |
|
708
Motley Fool 100 Index ETF
TMFC
$2.03B
| $16.6M | 0.02% |
416,475
+5,476
| +1% | +$225K |
|
709
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.27B
| $16.5M | 0.02% |
270,170
+60,186
| +29% | +$3.79M |
|
|
IFLN
710
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$308M
| $16.4M | 0.02% |
843,980
-2,224
| -0.3% | -$43.5K |
|
711
Ball Corp
BALL
$17.4B
| $16.4M | 0.02% |
182,466
+10,861
| +6% | +$964K |
|
|
BSCP
712
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $16.4M | 0.02% |
738,349
+34,717
| +5% | +$774K |
|
713
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.66B
| $16.3M | 0.02% |
294,199
+28,742
| +11% | +$1.62M |
|
714
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $16.2M | 0.02% |
214,325
-142,061
| -40% | -$10.8M |
|
715
Equifax
EFX
$20.7B
| $16.2M | 0.02% |
63,861
+28,545
| +81% | +$7.42M |
|
716
IQVIA
IQV
$39.1B
| $16.2M | 0.02% |
67,541
+10,792
| +19% | +$2.72M |
|
717
State Street SPDR S&P Health Care Equipment ETF
XHE
$163M
| $16.2M | 0.02% |
129,125
+9,107
| +8% | +$1.16M |
|
718
D.R. Horton
DHI
$40.7B
| $16.1M | 0.02% |
192,311
+1,171
| +0.6% | +$108K |
|
719
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.12B
| $16.1M | 0.02% |
486,731
+82,368
| +20% | +$2.81M |
|
720
S&P Global
SPGI
$122B
| $16.1M | 0.02% |
37,851
+5,282
| +16% | +$2.29M |
|
721
Cencora
COR
$60.7B
| $16M | 0.02% |
134,156
+15,901
| +13% | +$1.91M |
|
722
Annaly Capital Management
NLY
$17.4B
| $16M | 0.02% |
475,441
+34,761
| +8% | +$1.2M |
|
723
Snowflake
SNOW
$103B
| $16M | 0.02% |
52,890
+13,488
| +34% | +$3.84M |
|
724
Avantis US Small Cap Value ETF
AVUV
$30.3B
| $16M | 0.02% |
211,303
+38,033
| +22% | +$2.82M |
|
725
First Trust Emerging Markets AlphaDEX Fund
FEM
$733M
| $15.9M | 0.01% |
590,755
-203,238
| -26% | -$5.58M |
|
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.