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 | |
|---|---|---|---|---|---|---|
976
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$110M
| $9.93M | 0.01% |
333,042
+94,870
| +40% | +$2.93M |
|
977
Fidelity MSCI Utilities Index ETF
FUTY
$2.31B
| $9.89M | 0.01% |
240,355
+66,566
| +38% | +$2.87M |
|
978
Global X Russell 2000 Covered Call ETF
RYLD
$1.37B
| $9.85M | 0.01% |
395,685
+256,406
| +184% | +$6.45M |
|
979
McKesson
MCK
$100B
| $9.84M | 0.01% |
49,372
+3,930
| +9% | +$786K |
|
980
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $9.83M | 0.01% |
217,019
-10,313
| -5% | -$486K |
|
981
VanEck Short Muni ETF
SMB
$312M
| $9.82M | 0.01% |
545,685
+41,730
| +8% | +$754K |
|
982
ProShares Pet Care ETF
PAWZ
$34M
| $9.79M | 0.01% |
125,933
-974
| -0.8% | -$79.6K |
|
983
Factset
FDS
$9.36B
| $9.76M | 0.01% |
24,724
+4,234
| +21% | +$1.54M |
|
984
ALPS Clean Energy ETF
ACES
$109M
| $9.7M | 0.01% |
146,663
+12,216
| +9% | +$856K |
|
|
ANSS
985
DELISTED
Ansys
ANSS
| $9.7M | 0.01% |
28,489
+3,202
| +13% | +$1.16M |
|
986
Electronic Arts
EA
$53B
| $9.69M | 0.01% |
68,084
-892
| -1% | -$125K |
|
987
Jefferies Financial Group
JEF
$12.6B
| $9.64M | 0.01% |
271,621
+13,937
| +5% | +$466K |
|
988
West Pharmaceutical
WST
$24B
| $9.64M | 0.01% |
22,705
+2,987
| +15% | +$1.26M |
|
989
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $9.63M | 0.01% |
230,187
+47,662
| +26% | +$2.06M |
|
990
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.14B
| $9.63M | 0.01% |
152,298
+40,497
| +36% | +$2.6M |
|
991
Eversource Energy
ES
$26.9B
| $9.6M | 0.01% |
117,367
+9,494
| +9% | +$824K |
|
992
Cheniere Energy
LNG
$55.2B
| $9.59M | 0.01% |
98,150
+6,907
| +8% | +$605K |
|
993
Stanley Black & Decker
SWK
$14.3B
| $9.57M | 0.01% |
54,572
+3,578
| +7% | +$698K |
|
994
Philips
PHG
$25.7B
| $9.55M | 0.01% |
260,192
+12,680
| +5% | +$482K |
|
995
iShares Global Healthcare ETF
IXJ
$4.07B
| $9.55M | 0.01% |
114,022
+14,341
| +14% | +$1.24M |
|
996
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.84B
| $9.52M | 0.01% |
352,726
+31,285
| +10% | +$849K |
|
997
State Street Ultra Short Term Bond ETF
ULST
$527M
| $9.5M | 0.01% |
234,836
-37,312
| -14% | -$1.51M |
|
|
X
998
DELISTED
US Steel
X
| $9.46M | 0.01% |
430,391
-15,517
| -3% | -$388K |
|
|
JHMT
999
DELISTED
John Hancock Multifactor Technology ETF
JHMT
| $9.45M | 0.01% |
104,508
-195
| -0.2% | -$18K |
|
1000
PIMCO Dynamic Income Fund
PDI
$7.39B
| $9.44M | 0.01% |
354,955
+71,939
| +25% | +$2.02M |
|
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.