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 | |
|---|---|---|---|---|---|---|
826
iShares MSCI Germany ETF
EWG
$1.59B
| $12.7M | 0.01% |
385,812
-211,816
| -35% | -$7.32M |
|
827
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$764M
| $12.6M | 0.01% |
423,680
+66,990
| +19% | +$2.06M |
|
828
DexCom
DXCM
$32.2B
| $12.6M | 0.01% |
92,464
+15,708
| +20% | +$1.98M |
|
829
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $12.6M | 0.01% |
188,809
+32,537
| +21% | +$2.23M |
|
830
iShares MSCI Spain ETF
EWP
$2.11B
| $12.6M | 0.01% |
467,631
+344,214
| +279% | +$9.6M |
|
831
JD.com
JD
$44.6B
| $12.6M | 0.01% |
174,265
-8,031
| -4% | -$592K |
|
832
Dimensional US Targeted Value ETF
DFAT
$14.6B
| $12.6M | 0.01% |
283,244
+5,869
| +2% | +$260K |
|
|
HOLX
833
DELISTED
Hologic
HOLX
| $12.6M | 0.01% |
170,348
+30,702
| +22% | +$2.3M |
|
834
Invesco S&P 100 Equal Weight ETF
EQWL
$2.7B
| $12.6M | 0.01% |
156,814
+4,328
| +3% | +$355K |
|
835
State Street SPDR Russell 1000 Yield Focus ETF
ONEY
$677M
| $12.5M | 0.01% |
134,098
+40,764
| +44% | +$3.89M |
|
836
AutoZone
AZO
$49.2B
| $12.5M | 0.01% |
7,357
-37
| -0.5% | -$59.3K |
|
837
State Street SPDR Bloomberg 1-10 Year TIPS ETF
TIPX
$2.01B
| $12.5M | 0.01% |
591,327
+158,156
| +37% | +$3.36M |
|
838
DuPont de Nemours
DD
$18.5B
| $12.5M | 0.01% |
146,109
+20,750
| +17% | +$1.92M |
|
839
Roblox
RBLX
$25.5B
| $12.5M | 0.01% |
164,971
+38,811
| +31% | +$3.19M |
|
840
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.54B
| $12.4M | 0.01% |
496,887
+59,763
| +14% | +$1.54M |
|
841
iShares Future Exponential Technologies ETF
XT
$3.82B
| $12.4M | 0.01% |
197,714
+27,827
| +16% | +$1.79M |
|
842
PENN Entertainment
PENN
$2.75B
| $12.4M | 0.01% |
171,110
+10,374
| +6% | +$763K |
|
843
Global X SuperIncome Preferred ETF
SPFF
$140M
| $12.4M | 0.01% |
1,034,818
+266,838
| +35% | +$3.21M |
|
844
Invesco S&P SmallCap Low Volatility ETF
XSLV
$248M
| $12.4M | 0.01% |
262,351
-4,283
| -2% | -$203K |
|
845
Cadence Design Systems
CDNS
$93.6B
| $12.3M | 0.01% |
81,445
+6,879
| +9% | +$1.05M |
|
846
Keysight
KEYS
$54.5B
| $12.3M | 0.01% |
74,896
+5,254
| +8% | +$882K |
|
|
JPUS
847
JPMorgan Diversified Return US Equity ETF
JPUS
$458M
| $12.3M | 0.01% |
127,497
+3,972
| +3% | +$392K |
|
848
Lumentum
LITE
$55.5B
| $12.2M | 0.01% |
146,608
+15,113
| +11% | +$1.27M |
|
849
GXO Logistics
GXO
$5.77B
| $12.2M | 0.01% |
+155,669
| New | +$12.2M |
|
850
ProShares Russell 2000 Dividend Growers ETF
SMDV
$695M
| $12.2M | 0.01% |
198,035
+15,658
| +9% | +$982K |
|
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.