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 | |
|---|---|---|---|---|---|---|
1651
CBRE Group
CBRE
$42.5B
| $3.4M | ﹤0.01% |
34,885
+15,825
| +83% | +$1.47M |
|
1652
Nexstar Media Group
NXST
$5.82B
| $3.39M | ﹤0.01% |
22,270
+4,560
| +26% | +$672K |
|
1653
ProShares Online Retail ETF
ONLN
$66.6M
| $3.39M | ﹤0.01% |
51,642
+4,074
| +9% | +$297K |
|
1654
NetApp
NTAP
$35B
| $3.39M | ﹤0.01% |
37,735
-919
| -2% | -$77.6K |
|
1655
Rambus
RMBS
$9.87B
| $3.38M | ﹤0.01% |
152,344
-12,004
| -7% | -$283K |
|
1656
Commerce Bancshares
CBSH
$8.53B
| $3.38M | ﹤0.01% |
61,912
-5,791
| -9% | -$319K |
|
1657
SolarEdge
SEDG
$2.51B
| $3.37M | ﹤0.01% |
12,717
+3,673
| +41% | +$1,000K |
|
1658
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$593M
| $3.37M | ﹤0.01% |
38,432
+2,641
| +7% | +$231K |
|
1659
Lamb Weston
LW
$7.22B
| $3.37M | ﹤0.01% |
54,868
+7,919
| +17% | +$536K |
|
|
ETO
1660
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$507M
| $3.37M | ﹤0.01% |
111,716
+7,511
| +7% | +$234K |
|
1661
Elastic
ESTC
$6.84B
| $3.37M | ﹤0.01% |
22,586
+3,278
| +17% | +$504K |
|
|
RNDM
1662
DELISTED
First Trust Developed International Equity Select ETF
RNDM
| $3.36M | ﹤0.01% |
61,677
+17,763
| +40% | +$1.01M |
|
|
TRIL
1663
DELISTED
Trillium Therapeutics Inc.
TRIL
| $3.36M | ﹤0.01% |
191,328
-53,145
| -22% | -$621K |
|
|
HBI
1664
DELISTED
Hanesbrands
HBI
| $3.36M | ﹤0.01% |
195,731
+3,462
| +2% | +$64.9K |
|
1665
LGI Homes
LGIH
$1.27B
| $3.36M | ﹤0.01% |
23,657
-659
| -3% | -$104K |
|
|
ZTR
1666
Virtus Total Return Fund
ZTR
$340M
| $3.36M | ﹤0.01% |
360,453
+23,545
| +7% | +$227K |
|
1667
First Solar
FSLR
$22.7B
| $3.35M | ﹤0.01% |
35,114
+4,669
| +15% | +$434K |
|
|
TSE
1668
DELISTED
Trinseo
TSE
| $3.35M | ﹤0.01% |
62,085
-19,649
| -24% | -$1.02M |
|
1669
Masco
MAS
$14.1B
| $3.34M | ﹤0.01% |
60,190
+491
| +0.8% | +$29.1K |
|
|
ARTY
1670
iShares Future AI & Tech ETF
ARTY
$3.49B
| $3.34M | ﹤0.01% |
78,943
+8,044
| +11% | +$352K |
|
|
DEX
1671
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $3.34M | ﹤0.01% |
329,873
+11,342
| +4% | +$119K |
|
1672
iShares US Small Cap Value Factor ETF
SVAL
$201M
| $3.34M | ﹤0.01% |
+111,324
| New | +$3.33M |
|
1673
Pacer American Energy Infrastructure ETF
USAI
$128M
| $3.34M | ﹤0.01% |
138,018
-4,376
| -3% | -$103K |
|
1674
Golub Capital BDC
GBDC
$3.34B
| $3.33M | ﹤0.01% |
210,770
+132,057
| +168% | +$2.07M |
|
1675
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.7M
| $3.32M | ﹤0.01% |
102,315
+314
| +0.3% | +$10.7K |
|
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.