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 | |
|---|---|---|---|---|---|---|
1601
Federal Realty Investment Trust
FRT
$10.7B
| $3.67M | ﹤0.01% |
31,136
+11,353
| +57% | +$1.35M |
|
1602
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.05B
| $3.65M | ﹤0.01% |
56,232
-11,138
| -17% | -$749K |
|
1603
Invesco Russell 1000 Equal Weight ETF
EQAL
$815M
| $3.65M | ﹤0.01% |
81,674
+22,669
| +38% | +$1.03M |
|
1604
Steel Dynamics
STLD
$36B
| $3.65M | ﹤0.01% |
62,358
+23,918
| +62% | +$1.53M |
|
1605
Organon & Co
OGN
$3.56B
| $3.64M | ﹤0.01% |
111,108
+9,554
| +9% | +$306K |
|
1606
Jack Henry & Associates
JKHY
$10.9B
| $3.64M | ﹤0.01% |
22,189
+6,439
| +41% | +$1.11M |
|
1607
Red Rock Resorts
RRR
$3.77B
| $3.63M | ﹤0.01% |
70,935
-10,817
| -13% | -$472K |
|
1608
UDR
UDR
$12.3B
| $3.62M | ﹤0.01% |
68,405
+7,848
| +13% | +$419K |
|
1609
Global X E-commerce ETF
EBIZ
$28.4M
| $3.62M | ﹤0.01% |
119,993
-46,692
| -28% | -$1.5M |
|
1610
Fidelity High Dividend ETF
FDVV
$10.1B
| $3.62M | ﹤0.01% |
97,803
+17,971
| +23% | +$685K |
|
1611
Dolby
DLB
$5.51B
| $3.62M | ﹤0.01% |
41,100
+12,406
| +43% | +$1.2M |
|
1612
iShares US Infrastructure ETF
IFRA
$4.5B
| $3.62M | ﹤0.01% |
106,108
+87,440
| +468% | +$3.11M |
|
|
BKI
1613
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.61M | ﹤0.01% |
50,192
+1,358
| +3% | +$104K |
|
1614
RingCentral
RNG
$4.66B
| $3.61M | ﹤0.01% |
16,605
+2,428
| +17% | +$616K |
|
1615
Yeti Holdings
YETI
$3.71B
| $3.61M | ﹤0.01% |
42,124
-748
| -2% | -$72.4K |
|
1616
Veritone
VERI
$101M
| $3.6M | ﹤0.01% |
150,669
+137,101
| +1,010% | +$2.8M |
|
1617
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $3.6M | ﹤0.01% |
67,268
+2,191
| +3% | +$125K |
|
1618
New Jersey Resources
NJR
$5.84B
| $3.59M | ﹤0.01% |
103,097
+4,127
| +4% | +$156K |
|
|
ASG
1619
Liberty All-Star Growth Fund
ASG
$328M
| $3.59M | ﹤0.01% |
415,670
+65,835
| +19% | +$571K |
|
1620
iShares MSCI Canada ETF
EWC
$6.13B
| $3.59M | ﹤0.01% |
98,782
+19,807
| +25% | +$735K |
|
1621
Selective Insurance
SIGI
$5.65B
| $3.59M | ﹤0.01% |
47,480
+2,531
| +6% | +$204K |
|
1622
Toro Company
TTC
$8.75B
| $3.58M | ﹤0.01% |
36,724
-7,358
| -17% | -$803K |
|
1623
Fiverr
FVRR
$321M
| $3.55M | ﹤0.01% |
19,422
-3,422
| -15% | -$689K |
|
|
NCV
1624
Virtus Convertible & Income Fund
NCV
$378M
| $3.55M | ﹤0.01% |
148,736
+672
| +0.5% | +$16.3K |
|
1625
BlackRock Science and Technology Term Trust
BSTZ
$1.95B
| $3.54M | ﹤0.01% |
91,832
+10,459
| +13% | +$424K |
|
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.