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 | |
|---|---|---|---|---|---|---|
|
AFT
1701
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $3.17M | ﹤0.01% |
200,677
+1,650
| +0.8% | +$25.9K |
|
1702
Leggett & Platt
LEG
$1.34B
| $3.17M | ﹤0.01% |
70,639
+2,954
| +4% | +$142K |
|
1703
Advanced Drainage Systems
WMS
$10.6B
| $3.17M | ﹤0.01% |
29,281
+2,530
| +9% | +$291K |
|
1704
Carvana
CVNA
$68.6B
| $3.16M | ﹤0.01% |
52,465
+2,730
| +5% | +$182K |
|
1705
Goodyear
GT
$2B
| $3.16M | ﹤0.01% |
178,768
+803
| +0.5% | +$13K |
|
1706
Olin
OLN
$2.11B
| $3.16M | ﹤0.01% |
65,454
+6,071
| +10% | +$283K |
|
1707
Janus Henderson Small Cap Growth Alpha ETF
JSML
$361M
| $3.15M | ﹤0.01% |
48,424
+20,557
| +74% | +$1.39M |
|
|
CACG
1708
DELISTED
Legg Mason ETF Investment Trust ClearBridge All Cap Growth ESG ETF
CACG
| $3.15M | ﹤0.01% |
64,667
-985
| -2% | -$49.6K |
|
1709
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $3.14M | ﹤0.01% |
39,482
-7,214
| -15% | -$582K |
|
|
BBBY
1710
Bed Bath & Beyond
BBBY
$481M
| $3.14M | ﹤0.01% |
44,317
+2,654
| +6% | +$184K |
|
1711
Franklin Resources
BEN
$17.6B
| $3.13M | ﹤0.01% |
105,342
+7,649
| +8% | +$239K |
|
|
HRC
1712
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $3.13M | ﹤0.01% |
20,862
-579
| -3% | -$78.1K |
|
|
GENZ
1713
VanEck Digital Native Economy ETF
GENZ
$16.8M
| $3.13M | ﹤0.01% |
64,465
-767
| -1% | -$38.3K |
|
1714
Invesco China Technology ETF
CQQQ
$3.03B
| $3.12M | ﹤0.01% |
47,463
-6,529
| -12% | -$467K |
|
1715
Teledyne Technologies
TDY
$30.4B
| $3.12M | ﹤0.01% |
7,267
-1,415
| -16% | -$625K |
|
1716
Fortive
FTV
$17.9B
| $3.12M | ﹤0.01% |
58,655
+18,033
| +44% | +$987K |
|
1717
Royal Gold
RGLD
$16.8B
| $3.12M | ﹤0.01% |
32,648
+772
| +2% | +$86.5K |
|
1718
The Mosaic Company
MOS
$7.03B
| $3.12M | ﹤0.01% |
87,223
-16,912
| -16% | -$541K |
|
|
RCS
1719
PIMCO Strategic Income Fund
RCS
$244M
| $3.12M | ﹤0.01% |
441,977
+394,400
| +829% | +$3.04M |
|
1720
Northern Trust
NTRS
$33.3B
| $3.12M | ﹤0.01% |
28,891
+6,585
| +30% | +$748K |
|
1721
iShares International Treasury Bond ETF
IGOV
$1.53B
| $3.11M | ﹤0.01% |
60,633
+2,140
| +4% | +$113K |
|
|
PBCT
1722
DELISTED
People's United Financial Inc
PBCT
| $3.11M | ﹤0.01% |
178,254
-4,731
| -3% | -$76.9K |
|
|
HPI
1723
John Hancock Preferred Income Fund
HPI
$430M
| $3.11M | ﹤0.01% |
144,622
+6,798
| +5% | +$147K |
|
1724
AMN Healthcare
AMN
$1.3B
| $3.11M | ﹤0.01% |
27,070
-4,384
| -14% | -$465K |
|
|
SGEN
1725
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.11M | ﹤0.01% |
18,290
+1,607
| +10% | +$250K |
|
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.