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 | |
|---|---|---|---|---|---|---|
801
Schwab Fundamental US Large Company Index ETF
FNDX
$26.6B
| $13.6M | 0.01% |
754,107
+58,509
| +8% | +$1.07M |
|
802
WisdomTree US SmallCap Earnings Fund
EES
$718M
| $13.5M | 0.01% |
280,347
-9,511
| -3% | -$460K |
|
803
Cloudflare
NET
$98B
| $13.5M | 0.01% |
120,054
+57,569
| +92% | +$6.88M |
|
804
Vanguard FTSE Pacific ETF
VPL
$8.07B
| $13.5M | 0.01% |
166,855
+27,091
| +19% | +$2.23M |
|
|
INFO
805
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $13.5M | 0.01% |
115,398
+14,579
| +14% | +$1.72M |
|
806
WisdomTree Yield Enhanced US Short-Term Aggregate Bond Fund
SHAG
$47.1M
| $13.4M | 0.01% |
262,701
+38,883
| +17% | +$1.99M |
|
807
W.W. Grainger
GWW
$65.3B
| $13.4M | 0.01% |
34,003
+24
| +0.1% | +$10.4K |
|
808
AstraZeneca
AZN
$264B
| $13.4M | 0.01% |
111,426
+12,658
| +13% | +$1.47M |
|
809
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.53B
| $13.4M | 0.01% |
508,242
+416,935
| +457% | +$11M |
|
810
Illumina
ILMN
$30.1B
| $13.4M | 0.01% |
33,873
+5,839
| +21% | +$2.69M |
|
811
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$288M
| $13.3M | 0.01% |
358,157
-2,860
| -0.8% | -$108K |
|
812
iShares US Healthcare Providers ETF
IHF
$1.21B
| $13.2M | 0.01% |
258,675
+6,935
| +3% | +$370K |
|
813
Genuine Parts
GPC
$17.2B
| $13.2M | 0.01% |
108,756
+11,271
| +12% | +$1.41M |
|
|
MPT
814
Medical Properties Trust
MPT
$2.75B
| $13.2M | 0.01% |
655,538
+75,154
| +13% | +$1.54M |
|
815
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$131M
| $13.1M | 0.01% |
561,016
+288,890
| +106% | +$6.77M |
|
816
iShares MSCI South Korea ETF
EWY
$22B
| $13.1M | 0.01% |
162,979
+44,785
| +38% | +$3.9M |
|
|
JPS
817
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $13.1M | 0.01% |
1,333,292
+56,970
| +4% | +$569K |
|
|
STOR
818
DELISTED
STORE Capital Corporation
STOR
| $13M | 0.01% |
405,948
+16,581
| +4% | +$587K |
|
819
Flex
FLEX
$41.8B
| $13M | 0.01% |
972,878
+70,372
| +8% | +$946K |
|
|
820
PUT
Invesco QQQ Trust
QQQ
$451B
| $12.9M | 0.01% |
36,000
+4,400
| +14% | +$1.62M |
|
821
Progressive
PGR
$124B
| $12.9M | 0.01% |
142,501
+5,563
| +4% | +$530K |
|
822
MongoDB
MDB
$26.6B
| $12.8M | 0.01% |
27,233
+1,354
| +5% | +$545K |
|
823
Energy Transfer Partners
ET
$70.2B
| $12.8M | 0.01% |
1,332,774
+242,542
| +22% | +$2.33M |
|
824
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$429M
| $12.7M | 0.01% |
144,858
-25,397
| -15% | -$2.18M |
|
825
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $12.7M | 0.01% |
253,466
+22,574
| +10% | +$1.13M |
|
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.