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 | |
|---|---|---|---|---|---|---|
1101
iShares Global 100 ETF
IOO
$8.93B
| $7.8M | 0.01% |
109,710
+16,285
| +17% | +$1.19M |
|
1102
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $7.8M | 0.01% |
94,075
+12,081
| +15% | +$1.03M |
|
1103
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.19B
| $7.79M | 0.01% |
111,597
+13,661
| +14% | +$973K |
|
1104
Davis Select US Equity ETF
DUSA
$1.27B
| $7.75M | 0.01% |
228,613
+76,980
| +51% | +$2.68M |
|
1105
PACCAR
PCAR
$69.8B
| $7.67M | 0.01% |
145,809
+14,721
| +11% | +$817K |
|
1106
iShares Core Dividend ETF
DIVB
$1.69B
| $7.65M | 0.01% |
195,132
+166,428
| +580% | +$6.68M |
|
1107
Tetra Tech
TTEK
$8.49B
| $7.63M | 0.01% |
255,580
+27,410
| +12% | +$753K |
|
1108
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.1B
| $7.63M | 0.01% |
278,078
+14,373
| +5% | +$401K |
|
|
GENY
1109
DELISTED
Principal Exchange-Traded Funds Principal Millennial Global Growth ETF
GENY
| $7.62M | 0.01% |
125,352
+12,347
| +11% | +$783K |
|
1110
Blackstone Mortgage Trust
BXMT
$2.45B
| $7.61M | 0.01% |
250,944
-95,300
| -28% | -$3.02M |
|
1111
Fidelity MSCI Communication Services Index ETF
FCOM
$1.77B
| $7.58M | 0.01% |
141,870
+99,089
| +232% | +$5.46M |
|
1112
Centene
CNC
$30.7B
| $7.56M | 0.01% |
121,329
-2,051
| -2% | -$137K |
|
|
GUT
1113
Gabelli Utility Trust
GUT
$569M
| $7.55M | 0.01% |
984,660
+4,210
| +0.4% | +$33K |
|
1114
RLI Corp
RLI
$5.62B
| $7.53M | 0.01% |
150,060
+7,638
| +5% | +$406K |
|
1115
Albemarle
ALB
$13.9B
| $7.51M | 0.01% |
34,289
+6,920
| +25% | +$1.48M |
|
1116
Global X Internet of Things ETF
SNSR
$222M
| $7.51M | 0.01% |
206,770
+24,143
| +13% | +$892K |
|
1117
Amphenol
APH
$198B
| $7.49M | 0.01% |
204,508
+18,092
| +10% | +$664K |
|
1118
AGNC Investment
AGNC
$12.4B
| $7.47M | 0.01% |
473,781
+35,468
| +8% | +$575K |
|
1119
Quanta Services
PWR
$100B
| $7.46M | 0.01% |
65,519
+6,755
| +11% | +$677K |
|
1120
Agilent Technologies
A
$39.1B
| $7.46M | 0.01% |
47,323
+15,885
| +51% | +$2.57M |
|
1121
Zimmer Biomet
ZBH
$18.2B
| $7.45M | 0.01% |
52,442
+3,331
| +7% | +$490K |
|
1122
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $7.45M | 0.01% |
149,852
-26,098
| -15% | -$1.3M |
|
|
MRO
1123
DELISTED
Marathon Oil Corporation
MRO
| $7.41M | 0.01% |
542,269
-61,302
| -10% | -$739K |
|
1124
Nasdaq
NDAQ
$52.7B
| $7.41M | 0.01% |
115,143
+25,575
| +29% | +$1.61M |
|
1125
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $7.41M | 0.01% |
240,335
-64,042
| -21% | -$2.05M |
|
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.