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 | |
|---|---|---|---|---|---|---|
1176
Schwab US REIT ETF
SCHH
$11.5B
| $6.93M | 0.01% |
303,560
+36,474
| +14% | +$870K |
|
1177
First Trust Dow Jones Select MicroCap Index Fund
FDM
$261M
| $6.92M | 0.01% |
115,548
-9,530
| -8% | -$572K |
|
1178
Invesco Dorsey Wright Technology Momentum ETF
PTF
$593M
| $6.91M | 0.01% |
137,913
+3,240
| +2% | +$165K |
|
1179
Unity
U
$13.8B
| $6.9M | 0.01% |
54,660
+16,479
| +43% | +$1.95M |
|
1180
Dollar Tree
DLTR
$24.4B
| $6.9M | 0.01% |
72,085
-10,501
| -13% | -$1.01M |
|
1181
Toronto Dominion Bank
TD
$198B
| $6.87M | 0.01% |
103,894
+2,252
| +2% | +$150K |
|
1182
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.19B
| $6.87M | 0.01% |
40,705
+7
| +0% | +$1.21K |
|
1183
Crocs
CROX
$6.14B
| $6.86M | 0.01% |
47,806
+13,819
| +41% | +$1.9M |
|
1184
Avantis US Equity ETF
AVUS
$14B
| $6.86M | 0.01% |
93,025
+45,864
| +97% | +$3.45M |
|
1185
First Trust Global Wind Energy ETF
FAN
$278M
| $6.83M | 0.01% |
326,814
+51,786
| +19% | +$1.11M |
|
1186
3D Systems Corp
DDD
$431M
| $6.81M | 0.01% |
246,986
-24,174
| -9% | -$716K |
|
|
FFC
1187
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $6.79M | 0.01% |
304,967
+44,850
| +17% | +$1.03M |
|
1188
State Street SPDR S&P Kensho Clean Power ETF
CNRG
$198M
| $6.79M | 0.01% |
72,280
-48,245
| -40% | -$4.72M |
|
|
AXON
1189
Axon Enterprise
AXON
$42.5B
| $6.76M | 0.01% |
38,608
-1,553
| -4% | -$282K |
|
1190
VanEck Biotech ETF
BBH
$400M
| $6.75M | 0.01% |
33,393
+11,166
| +50% | +$2.34M |
|
1191
Humana
HUM
$43.7B
| $6.75M | 0.01% |
17,343
+1,033
| +6% | +$438K |
|
1192
Apollo Global Management
APO
$72.4B
| $6.74M | 0.01% |
109,502
+22,442
| +26% | +$1.35M |
|
1193
AvalonBay Communities
AVB
$26.5B
| $6.73M | 0.01% |
30,379
+1,109
| +4% | +$249K |
|
1194
NNN REIT
NNN
$9.04B
| $6.71M | 0.01% |
155,286
+3,870
| +3% | +$182K |
|
1195
IQ ARB Merger Arbitrage ETF
MNA
$252M
| $6.7M | 0.01% |
203,785
+11,725
| +6% | +$389K |
|
1196
Xtrackers S&P 500 ESG ETF
SNPE
$2.63B
| $6.69M | 0.01% |
176,174
+21,035
| +14% | +$821K |
|
1197
Yum China
YUMC
$16.5B
| $6.69M | 0.01% |
115,087
+4,915
| +4% | +$302K |
|
1198
Global X Cybersecurity ETF
BUG
$1.28B
| $6.68M | 0.01% |
219,027
+132,605
| +153% | +$4.07M |
|
1199
Arbor Realty Trust
ABR
$964M
| $6.68M | 0.01% |
360,309
+71,301
| +25% | +$1.29M |
|
1200
Fidelity MSCI Industrials Index ETF
FIDU
$2.3B
| $6.66M | 0.01% |
128,422
+64,130
| +100% | +$3.48M |
|
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.