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 | |
|---|---|---|---|---|---|---|
1576
American Homes 4 Rent
AMH
$12B
| $3.79M | ﹤0.01% |
99,453
+39,929
| +67% | +$1.63M |
|
1577
Fidelity Corporate Bond ETF
FCOR
$351M
| $3.79M | ﹤0.01% |
68,448
+17,419
| +34% | +$978K |
|
1578
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$591M
| $3.78M | ﹤0.01% |
87,542
-1,417
| -2% | -$61.6K |
|
1579
VanEck Social Sentiment ETF
BUZZ
$90.5M
| $3.78M | ﹤0.01% |
153,183
+3,774
| +3% | +$96.9K |
|
1580
Raymond James Financial
RJF
$33.8B
| $3.78M | ﹤0.01% |
40,725
+3,394
| +9% | +$304K |
|
1581
Roundhill Sports Betting & iGaming ETF
BETZ
$49.7M
| $3.77M | ﹤0.01% |
125,502
-127,812
| -50% | -$3.79M |
|
|
EMD
1582
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $3.77M | ﹤0.01% |
277,465
+25,356
| +10% | +$352K |
|
1583
Defiance Quantum ETF
QTUM
$5.23B
| $3.77M | ﹤0.01% |
75,200
+3,028
| +4% | +$152K |
|
1584
Innovator US Equity Buffer ETF April
BAPR
$407M
| $3.75M | ﹤0.01% |
118,066
-5,884
| -5% | -$189K |
|
|
MNDT
1585
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $3.75M | ﹤0.01% |
210,637
+42,948
| +26% | +$815K |
|
1586
Cognex
CGNX
$10.9B
| $3.75M | ﹤0.01% |
46,727
+7,996
| +21% | +$688K |
|
|
CONE
1587
DELISTED
CyrusOne Inc Common Stock
CONE
| $3.75M | ﹤0.01% |
48,381
-6,052
| -11% | -$455K |
|
|
QVMT
1588
Invesco S&P 500 Concentrated QVM ETF
QVMT
$130M
| $3.74M | ﹤0.01% |
90,793
-17,495
| -16% | -$731K |
|
1589
Atmos Energy
ATO
$28.8B
| $3.74M | ﹤0.01% |
42,362
-1,228
| -3% | -$119K |
|
1590
State Street SPDR S&P Pharmaceuticals ETF
XPH
$476M
| $3.74M | ﹤0.01% |
78,750
-6,275
| -7% | -$312K |
|
|
ZEN
1591
DELISTED
ZENDESK INC
ZEN
| $3.73M | ﹤0.01% |
32,080
-36,256
| -53% | -$4.68M |
|
1592
BioNTech
BNTX
$22.9B
| $3.73M | ﹤0.01% |
13,667
+8,789
| +180% | +$2.79M |
|
|
NBIS
1593
Nebius Group N.V.
NBIS
$48.3B
| $3.73M | ﹤0.01% |
46,778
-1,230
| -3% | -$89.6K |
|
1594
Unum
UNM
$13.6B
| $3.72M | ﹤0.01% |
148,311
+1,887
| +1% | +$50K |
|
1595
Snap-on
SNA
$21.2B
| $3.71M | ﹤0.01% |
17,764
+3,970
| +29% | +$880K |
|
1596
Sixth Street Specialty
TSLX
$1.63B
| $3.71M | ﹤0.01% |
166,956
+29,214
| +21% | +$669K |
|
|
IPG
1597
DELISTED
Interpublic Group of Companies
IPG
| $3.7M | ﹤0.01% |
100,855
+12,298
| +14% | +$440K |
|
1598
Collegium Pharmaceutical
COLL
$1.15B
| $3.69M | ﹤0.01% |
186,942
-6,432
| -3% | -$139K |
|
1599
iShares US Tech Breakthrough Multisector ETF
TECB
$463M
| $3.68M | ﹤0.01% |
89,643
+57,733
| +181% | +$2.42M |
|
1600
Repligen
RGEN
$7.96B
| $3.68M | ﹤0.01% |
12,719
+1,374
| +12% | +$352K |
|
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.