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 | |
|---|---|---|---|---|---|---|
|
QQQN
1501
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $4.29M | ﹤0.01% |
131,770
+12,081
| +10% | +$406K |
|
1502
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.39B
| $4.27M | ﹤0.01% |
198,923
-10,815
| -5% | -$233K |
|
|
RFI
1503
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $4.26M | ﹤0.01% |
261,974
+21,078
| +9% | +$348K |
|
1504
MDU Resources
MDU
$4.17B
| $4.26M | ﹤0.01% |
377,607
-52,734
| -12% | -$631K |
|
1505
WisdomTree International Equity Fund
DWM
$679M
| $4.25M | ﹤0.01% |
80,287
+27,247
| +51% | +$1.5M |
|
|
TRPA
1506
Hartford AAA CLO ETF
TRPA
$103M
| $4.22M | ﹤0.01% |
102,963
+7,909
| +8% | +$325K |
|
|
LEAD
1507
DELISTED
Siren DIVCON Leaders Dividend ETF
LEAD
| $4.21M | ﹤0.01% |
78,446
+39,278
| +100% | +$2.17M |
|
1508
CenterPoint Energy
CNP
$27.7B
| $4.2M | ﹤0.01% |
170,834
+9,577
| +6% | +$245K |
|
1509
Motley Fool Small-Cap Growth ETF
TMFS
$57.6M
| $4.2M | ﹤0.01% |
107,405
+4,481
| +4% | +$178K |
|
1510
Cardinal Health
CAH
$53.9B
| $4.2M | ﹤0.01% |
84,925
-2,790
| -3% | -$151K |
|
1511
Packaging Corp of America
PKG
$21.9B
| $4.19M | ﹤0.01% |
30,505
+1,871
| +7% | +$267K |
|
1512
RH
RH
$3.13B
| $4.19M | ﹤0.01% |
6,287
+2,792
| +80% | +$1.92M |
|
1513
Fortune Brands Innovations
FBIN
$5.88B
| $4.19M | ﹤0.01% |
54,826
+5,789
| +12% | +$481K |
|
1514
Fidelity Dividend ETF for Rising Rates
FDRR
$739M
| $4.19M | ﹤0.01% |
101,151
+5,957
| +6% | +$254K |
|
1515
Ameriprise Financial
AMP
$48.3B
| $4.18M | ﹤0.01% |
15,815
-5,141
| -25% | -$1.34M |
|
1516
Warner Bros
WBD
$65.9B
| $4.16M | ﹤0.01% |
164,060
+32,109
| +24% | +$903K |
|
1517
Chegg
CHGG
$110M
| $4.16M | ﹤0.01% |
61,168
+15,520
| +34% | +$1.26M |
|
1518
Fidelity National Financial
FNF
$13.9B
| $4.16M | ﹤0.01% |
95,439
+16,250
| +21% | +$721K |
|
1519
Avery Dennison
AVY
$13B
| $4.16M | ﹤0.01% |
20,070
-746
| -4% | -$160K |
|
1520
VanEck Merk Gold Trust
OUNZ
$2.51B
| $4.16M | ﹤0.01% |
243,189
+28,518
| +13% | +$497K |
|
1521
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.8M
| $4.16M | ﹤0.01% |
63,319
+15,755
| +33% | +$1.04M |
|
1522
Amplify Travel Tech ETF
AWAY
$26.1M
| $4.14M | ﹤0.01% |
145,810
-35,998
| -20% | -$982K |
|
1523
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$358M
| $4.14M | ﹤0.01% |
127,073
-13,187
| -9% | -$448K |
|
1524
CMS Energy
CMS
$22.6B
| $4.13M | ﹤0.01% |
69,073
+3,444
| +5% | +$215K |
|
1525
RPM International
RPM
$13.7B
| $4.11M | ﹤0.01% |
52,966
+1,910
| +4% | +$161K |
|
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.