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 | |
|---|---|---|---|---|---|---|
1326
Acadia Healthcare
ACHC
$2.76B
| $5.57M | 0.01% |
87,322
+31,771
| +57% | +$2.01M |
|
1327
BioMarin Pharmaceuticals
BMRN
$11.6B
| $5.57M | 0.01% |
72,091
+7,424
| +11% | +$586K |
|
1328
Lucid Motors
LCID
$2.88B
| $5.56M | 0.01% |
21,925
+9,458
| +76% | +$2.19M |
|
1329
Check Point Software Technologies
CHKP
$13B
| $5.56M | 0.01% |
49,210
+1,940
| +4% | +$236K |
|
1330
State Street SPDR S&P Insurance ETF
KIE
$649M
| $5.56M | 0.01% |
147,119
+7,085
| +5% | +$273K |
|
1331
Bank of Montreal
BMO
$126B
| $5.55M | 0.01% |
55,698
+1,058
| +2% | +$107K |
|
1332
WBI BullBear Value 3000 ETF
WBIF
$23.5M
| $5.55M | 0.01% |
185,888
-8,804
| -5% | -$278K |
|
1333
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$76.9M
| $5.55M | 0.01% |
119,485
+31,117
| +35% | +$1.47M |
|
1334
John Hancock Multifactor Small Cap ETF
JHSC
$722M
| $5.54M | 0.01% |
160,492
+83,812
| +109% | +$2.91M |
|
1335
Cognizant
CTSH
$24.9B
| $5.54M | 0.01% |
74,580
+7,692
| +11% | +$568K |
|
1336
Helen of Troy
HELE
$644M
| $5.52M | 0.01% |
24,568
+190
| +0.8% | +$43.5K |
|
|
CTXS
1337
DELISTED
Citrix Systems Inc
CTXS
| $5.51M | 0.01% |
51,285
+9,288
| +22% | +$1M |
|
1338
Ametek
AME
$55.4B
| $5.49M | 0.01% |
44,289
-28,098
| -39% | -$3.77M |
|
1339
Alaska Air
ALK
$5.29B
| $5.48M | 0.01% |
93,576
+1,833
| +2% | +$106K |
|
1340
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.96B
| $5.46M | 0.01% |
99,135
+66,641
| +205% | +$3.71M |
|
1341
MidCap Financial Investment
MFIC
$787M
| $5.46M | 0.01% |
421,367
+313,773
| +292% | +$4.27M |
|
1342
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$54.5M
| $5.46M | 0.01% |
80,681
+2,776
| +4% | +$190K |
|
|
VER
1343
DELISTED
VEREIT, Inc.
VER
| $5.46M | 0.01% |
120,696
-3,352
| -3% | -$163K |
|
1344
Toyota
TM
$224B
| $5.45M | 0.01% |
30,674
+1,294
| +4% | +$231K |
|
1345
Graco
GGG
$12.9B
| $5.45M | 0.01% |
77,874
+2,105
| +3% | +$161K |
|
1346
iShares Morningstar Small-Cap Value ETF
ISCV
$692M
| $5.44M | 0.01% |
95,680
-29,761
| -24% | -$1.7M |
|
1347
Fidelity MSCI Financials Index ETF
FNCL
$2.38B
| $5.44M | 0.01% |
101,279
+34,129
| +51% | +$1.82M |
|
|
SWAV
1348
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $5.44M | 0.01% |
26,406
+3,266
| +14% | +$641K |
|
1349
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $5.38M | 0.01% |
62,924
+8,043
| +15% | +$712K |
|
1350
XPO
XPO
$23.5B
| $5.37M | 0.01% |
113,638
-21,942
| -16% | -$1.1M |
|
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.