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 | |
|---|---|---|---|---|---|---|
1451
Royal Bank of Canada
RY
$291B
| $4.61M | ﹤0.01% |
46,363
-1,731
| -4% | -$176K |
|
1452
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $4.6M | ﹤0.01% |
294,478
+103,137
| +54% | +$1.67M |
|
1453
Molina Healthcare
MOH
$10.2B
| $4.6M | ﹤0.01% |
16,952
+1,730
| +11% | +$457K |
|
1454
OneMain Financial
OMF
$7.2B
| $4.59M | ﹤0.01% |
83,041
-2,332
| -3% | -$136K |
|
1455
iShares BB Rated Corporate Bond ETF
HYBB
$411M
| $4.59M | ﹤0.01% |
87,678
+3,689
| +4% | +$193K |
|
1456
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$886M
| $4.59M | ﹤0.01% |
132,460
+2,757
| +2% | +$98.1K |
|
1457
Dynatrace
DT
$12.9B
| $4.58M | ﹤0.01% |
64,584
+2,877
| +5% | +$189K |
|
1458
iShares MSCI Intl Value Factor ETF
IVLU
$4.42B
| $4.58M | ﹤0.01% |
178,305
-4,561
| -2% | -$118K |
|
1459
Invesco Pharmaceuticals ETF
PJP
$442M
| $4.58M | ﹤0.01% |
59,245
-1,042
| -2% | -$84K |
|
1460
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $4.55M | ﹤0.01% |
87,932
+37,120
| +73% | +$1.92M |
|
|
PFN
1461
PIMCO Income Strategy Fund II
PFN
$698M
| $4.54M | ﹤0.01% |
448,241
+27,117
| +6% | +$294K |
|
1462
InMode
INMD
$870M
| $4.54M | ﹤0.01% |
56,950
+27,698
| +95% | +$1.69M |
|
1463
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $4.53M | ﹤0.01% |
121,087
+2,435
| +2% | +$86.6K |
|
1464
Carlisle Companies
CSL
$14.3B
| $4.53M | ﹤0.01% |
22,768
+2,822
| +14% | +$569K |
|
1465
iShares US Pharmaceuticals ETF
IHE
$1.46B
| $4.52M | ﹤0.01% |
74,097
+2,439
| +3% | +$155K |
|
1466
Invesco International Dividend Achievers ETF
PID
$926M
| $4.52M | ﹤0.01% |
257,479
-2,285
| -0.9% | -$40.6K |
|
1467
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16M
| $4.52M | ﹤0.01% |
141,596
+46,034
| +48% | +$1.51M |
|
|
POWR
1468
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $4.51M | ﹤0.01% |
256,275
+44,632
| +21% | +$720K |
|
1469
Martin Marietta Materials
MLM
$31.5B
| $4.51M | ﹤0.01% |
13,199
+1,216
| +10% | +$442K |
|
1470
iShares Global Infrastructure ETF
IGF
$10.9B
| $4.51M | ﹤0.01% |
98,232
+13,649
| +16% | +$630K |
|
1471
PG&E
PCG
$38.3B
| $4.51M | ﹤0.01% |
469,713
+5,547
| +1% | +$52.4K |
|
1472
SAP
SAP
$212B
| $4.5M | ﹤0.01% |
33,360
+6,887
| +26% | +$1,000K |
|
1473
Digital Turbine
APPS
$975M
| $4.5M | ﹤0.01% |
65,519
-707
| -1% | -$43.8K |
|
1474
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $4.47M | ﹤0.01% |
267,670
+42,941
| +19% | +$743K |
|
1475
iShares Micro-Cap ETF
IWC
$1.44B
| $4.47M | ﹤0.01% |
30,947
-9,828
| -24% | -$1.43M |
|
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.