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 | |
|---|---|---|---|---|---|---|
1001
Exelon
EXC
$46.9B
| $9.43M | 0.01% |
273,426
+263
| +0.1% | +$8.99K |
|
1002
Norwegian Cruise Line
NCLH
$8.51B
| $9.43M | 0.01% |
352,945
+58,176
| +20% | +$1.48M |
|
1003
Fastenal
FAST
$54.7B
| $9.39M | 0.01% |
363,936
+63,286
| +21% | +$1.72M |
|
1004
ALPS Sector Dividend Dogs ETF
SDOG
$1.4B
| $9.39M | 0.01% |
183,783
+3,250
| +2% | +$170K |
|
1005
DXC Technology
DXC
$1.82B
| $9.36M | 0.01% |
278,429
+28,452
| +11% | +$1.08M |
|
1006
Paycom
PAYC
$7.64B
| $9.32M | 0.01% |
18,792
+4,802
| +34% | +$2.14M |
|
1007
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$752M
| $9.31M | 0.01% |
64,399
-13,444
| -17% | -$1.98M |
|
1008
Avantis Emerging Markets Equity ETF
AVEM
$25.4B
| $9.31M | 0.01% |
144,274
+109,172
| +311% | +$7.24M |
|
|
DSL
1009
DoubleLine Income Solutions Fund
DSL
$1.22B
| $9.23M | 0.01% |
519,466
+49,092
| +10% | +$879K |
|
1010
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$303M
| $9.21M | 0.01% |
89,184
+30,351
| +52% | +$3.23M |
|
1011
Datadog
DDOG
$95.4B
| $9.2M | 0.01% |
65,100
+9,676
| +17% | +$1.22M |
|
1012
Alcoa
AA
$11.9B
| $9.1M | 0.01% |
185,918
+68,176
| +58% | +$2.88M |
|
|
CHY
1013
Calamos Convertible and High Income Fund
CHY
$1.01B
| $9.08M | 0.01% |
580,811
+2,073
| +0.4% | +$33.4K |
|
1014
Estee Lauder
EL
$30.4B
| $9.07M | 0.01% |
30,256
+2,005
| +7% | +$655K |
|
1015
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $9.06M | 0.01% |
448,851
-42,958
| -9% | -$825K |
|
1016
iShares Cybersecurity and Tech ETF
IHAK
$1B
| $9.05M | 0.01% |
208,236
+47,875
| +30% | +$2.12M |
|
1017
iShares Core International Aggregate Bond Fund
IAGG
$10.9B
| $9.04M | 0.01% |
164,331
+29,548
| +22% | +$1.64M |
|
1018
IQ MacKay Municipal Insured ETF
MMIN
$463M
| $9.01M | 0.01% |
328,543
-54,095
| -14% | -$1.5M |
|
1019
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $9.01M | 0.01% |
121,355
+37,247
| +44% | +$2.84M |
|
1020
Guardant Health
GH
$21.5B
| $9.01M | 0.01% |
72,036
+16,372
| +29% | +$1.95M |
|
1021
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$313M
| $8.98M | 0.01% |
388,108
+7,894
| +2% | +$187K |
|
1022
FlexShares Quality Dividend Index Fund
QDF
$2.22B
| $8.97M | 0.01% |
161,235
+27,663
| +21% | +$1.59M |
|
1023
Quest Diagnostics
DGX
$25.7B
| $8.96M | 0.01% |
61,647
+8,334
| +16% | +$1.22M |
|
1024
Pacer Industrial Real Estate ETF
INDS
$118M
| $8.93M | 0.01% |
203,675
+44,320
| +28% | +$2.03M |
|
1025
Global X MLP ETF
MLPA
$2.3B
| $8.92M | 0.01% |
252,872
-17,755
| -7% | -$627K |
|
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.