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 | |
|---|---|---|---|---|---|---|
1526
AdvisorShares Pure Cannabis ETF
YOLO
$29.8M
| $4.09M | ﹤0.01% |
248,408
+28,925
| +13% | +$529K |
|
1527
VanEck Long Muni ETF
MLN
$677M
| $4.08M | ﹤0.01% |
189,437
-1,282
| -0.7% | -$28.1K |
|
1528
AdvisorShares Pure US Cannabis ETF
MSOS
$858M
| $4.08M | ﹤0.01% |
129,170
-22,736
| -15% | -$788K |
|
1529
Academy Sports + Outdoors
ASO
$2.94B
| $4.07M | ﹤0.01% |
101,653
+3,647
| +4% | +$145K |
|
1530
Restaurant Brands International
QSR
$25.7B
| $4.06M | ﹤0.01% |
66,405
+9,187
| +16% | +$589K |
|
1531
Hartford Financial Services
HIG
$38.9B
| $4.06M | ﹤0.01% |
57,817
+11,243
| +24% | +$743K |
|
1532
iShares Global Materials ETF
MXI
$338M
| $4.06M | ﹤0.01% |
47,680
+2,179
| +5% | +$198K |
|
1533
Azenta
AZTA
$1.3B
| $4.06M | ﹤0.01% |
39,695
-7,106
| -15% | -$637K |
|
1534
iShares Asia 50 ETF
AIA
$4.6B
| $4.05M | ﹤0.01% |
51,803
+2,961
| +6% | +$248K |
|
1535
iShares Core MSCI International Developed Markets ETF
IDEV
$31.7B
| $4.05M | ﹤0.01% |
60,559
+3,010
| +5% | +$206K |
|
1536
Invesco S&P SmallCap Quality ETF
XSHQ
$252M
| $4.04M | ﹤0.01% |
110,226
+80,745
| +274% | +$2.95M |
|
|
CAPD
1537
DELISTED
iPath Shiller CAPE ETN
CAPD
| $4.04M | ﹤0.01% |
191,771
-6,092
| -3% | -$131K |
|
1538
Global X Social Media ETF
SOCL
$90.4M
| $4.04M | ﹤0.01% |
66,281
-6,339
| -9% | -$416K |
|
1539
Evergy
EVRG
$19.1B
| $4.04M | ﹤0.01% |
64,878
-804
| -1% | -$52.7K |
|
|
RA
1540
Brookfield Real Assets Income Fund
RA
$708M
| $4.01M | ﹤0.01% |
191,922
+9,067
| +5% | +$200K |
|
|
DRE
1541
DELISTED
Duke Realty Corp.
DRE
| $4M | ﹤0.01% |
83,567
+12,040
| +17% | +$607K |
|
1542
OGE Energy
OGE
$9.78B
| $4M | ﹤0.01% |
121,322
+8,590
| +8% | +$297K |
|
1543
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$80.9M
| $3.99M | ﹤0.01% |
161,209
+57,508
| +55% | +$1.46M |
|
1544
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $3.98M | ﹤0.01% |
326,518
+13,066
| +4% | +$162K |
|
1545
JPMorgan US Quality Factor ETF
JQUA
$8.21B
| $3.98M | ﹤0.01% |
97,337
+8,291
| +9% | +$350K |
|
|
VMW
1546
DELISTED
VMware, Inc
VMW
| $3.98M | ﹤0.01% |
26,771
-32,232
| -55% | -$4.89M |
|
1547
nVent Electric
NVT
$24.9B
| $3.97M | ﹤0.01% |
122,867
+4,309
| +4% | +$140K |
|
1548
Fulgent Genetics
FLGT
$470M
| $3.96M | ﹤0.01% |
44,062
-2,857
| -6% | -$260K |
|
1549
HP
HPQ
$24.9B
| $3.95M | ﹤0.01% |
144,489
+25,164
| +21% | +$723K |
|
|
ALFA
1550
DELISTED
AlphaClone Alternative Alpha ETF
ALFA
| $3.95M | ﹤0.01% |
47,647
-2,583
| -5% | -$222K |
|
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.