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 | |
|---|---|---|---|---|---|---|
876
Affirm
AFRM
$23.9B
| $11.5M | 0.01% |
96,742
+63,314
| +189% | +$5.06M |
|
877
iShares MSCI Italy ETF
EWI
$1.01B
| $11.5M | 0.01% |
363,647
+123,329
| +51% | +$4.01M |
|
878
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
| $11.5M | 0.01% |
357,032
+31,648
| +10% | +$1.01M |
|
879
Sempra
SRE
$58B
| $11.5M | 0.01% |
181,850
+8,526
| +5% | +$563K |
|
880
Kraft Heinz
KHC
$30.7B
| $11.5M | 0.01% |
312,065
+14,659
| +5% | +$552K |
|
|
ATVI
881
DELISTED
Activision Blizzard
ATVI
| $11.5M | 0.01% |
148,380
-2,301
| -2% | -$192K |
|
882
Invesco Building & Construction ETF
PKB
$430M
| $11.5M | 0.01% |
242,235
+1,087
| +0.5% | +$54.2K |
|
883
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$317M
| $11.5M | 0.01% |
238,524
+15,393
| +7% | +$759K |
|
|
FPF
884
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $11.4M | 0.01% |
456,565
+127,707
| +39% | +$3.27M |
|
885
Baidu
BIDU
$37.7B
| $11.4M | 0.01% |
74,240
-5,112
| -6% | -$840K |
|
886
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $11.4M | 0.01% |
284,558
+61,175
| +27% | +$2.46M |
|
887
Amplify CEF High Income ETF
YYY
$718M
| $11.4M | 0.01% |
678,049
+196,448
| +41% | +$3.39M |
|
888
NIO
NIO
$12.3B
| $11.4M | 0.01% |
319,542
-44,721
| -12% | -$1.84M |
|
889
Corteva
CTVA
$52.8B
| $11.4M | 0.01% |
270,221
+4,311
| +2% | +$186K |
|
890
Avantis International Small Cap Value ETF
AVDV
$19B
| $11.3M | 0.01% |
175,648
+15,643
| +10% | +$1.02M |
|
891
Global X SuperDividend ETF
SDIV
$1.22B
| $11.3M | 0.01% |
285,770
+26,372
| +10% | +$1.06M |
|
892
Old Dominion Freight Line
ODFL
$44.1B
| $11.3M | 0.01% |
78,842
+5,130
| +7% | +$712K |
|
893
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $11.3M | 0.01% |
433,812
+106,977
| +33% | +$2.79M |
|
894
Global X Silver Miners ETF NEW
SIL
$3.97B
| $11.3M | 0.01% |
321,091
-52,916
| -14% | -$2.11M |
|
895
Align Technology
ALGN
$12.1B
| $11.3M | 0.01% |
16,918
+3,722
| +28% | +$2.53M |
|
896
HubSpot
HUBS
$12.2B
| $11.3M | 0.01% |
16,643
+7,606
| +84% | +$4.9M |
|
897
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $11.3M | 0.01% |
553,214
+162,611
| +42% | +$3.32M |
|
898
Bank OZK
OZK
$5.6B
| $11.2M | 0.01% |
260,319
+6,272
| +2% | +$261K |
|
899
Archer Daniels Midland
ADM
$38.2B
| $11.2M | 0.01% |
186,343
+4,543
| +2% | +$272K |
|
900
ProShares Investment Grade-Interest Rate Hedged
IGHG
$330M
| $11.2M | 0.01% |
147,497
+80,611
| +121% | +$6.09M |
|
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.