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 | |
|---|---|---|---|---|---|---|
1951
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$493M
| $2.25M | ﹤0.01% |
42,115
-18,745
| -31% | -$1.08M |
|
1952
Crown Holdings
CCK
$12.8B
| $2.25M | ﹤0.01% |
22,321
-733
| -3% | -$76.9K |
|
1953
APA Corp
APA
$13.2B
| $2.25M | ﹤0.01% |
104,969
+30,322
| +41% | +$580K |
|
1954
Hartford Multifactor Small Cap ETF
ROSC
$61.5M
| $2.24M | ﹤0.01% |
58,830
+25,897
| +79% | +$1M |
|
1955
Genmab
GMAB
$17.7B
| $2.24M | ﹤0.01% |
51,220
+4,522
| +10% | +$203K |
|
1956
Agnico Eagle Mines
AEM
$73.6B
| $2.23M | ﹤0.01% |
43,070
+8,053
| +23% | +$469K |
|
1957
Otter Tail
OTTR
$3.71B
| $2.23M | ﹤0.01% |
39,893
-593
| -1% | -$31.4K |
|
1958
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$210M
| $2.23M | ﹤0.01% |
58,052
+43,062
| +287% | +$1.71M |
|
1959
Celsius Holdings
CELH
$7.47B
| $2.21M | ﹤0.01% |
73,728
+12,729
| +21% | +$327K |
|
1960
Waters Corp
WAT
$37B
| $2.21M | ﹤0.01% |
6,191
+338
| +6% | +$132K |
|
1961
Saratoga Investment
SAR
$312M
| $2.21M | ﹤0.01% |
76,938
+7,840
| +11% | +$216K |
|
1962
BlackRock Multi-Sector Income Trust
BIT
$698M
| $2.21M | ﹤0.01% |
118,036
+10,478
| +10% | +$195K |
|
1963
ARK Israel Innovative Technology ETF
IZRL
$138M
| $2.21M | ﹤0.01% |
75,367
+5,660
| +8% | +$171K |
|
1964
Vail Resorts
MTN
$5.32B
| $2.21M | ﹤0.01% |
6,604
+1,058
| +19% | +$326K |
|
1965
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $2.21M | ﹤0.01% |
86,390
-2,813
| -3% | -$73.7K |
|
|
GTM
1966
ZoomInfo Technologies
GTM
$973M
| $2.21M | ﹤0.01% |
36,041
+7,122
| +25% | +$426K |
|
1967
ALPS Medical Breakthroughs ETF
SBIO
$201M
| $2.2M | ﹤0.01% |
48,373
+1,850
| +4% | +$84.9K |
|
1968
Elanco Animal Health
ELAN
$13.2B
| $2.2M | ﹤0.01% |
68,989
+13,047
| +23% | +$438K |
|
1969
Sonos
SONO
$1.73B
| $2.2M | ﹤0.01% |
67,948
+2,649
| +4% | +$95.4K |
|
1970
HealthEquity
HQY
$8.41B
| $2.2M | ﹤0.01% |
33,874
+3,760
| +12% | +$261K |
|
1971
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1.02B
| $2.19M | ﹤0.01% |
40,451
+148
| +0.4% | +$8.11K |
|
1972
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $2.19M | ﹤0.01% |
49,884
+36,434
| +271% | +$1.65M |
|
1973
STAG Industrial
STAG
$7.38B
| $2.19M | ﹤0.01% |
55,688
+4,891
| +10% | +$200K |
|
1974
Post Holdings
POST
$4.14B
| $2.18M | ﹤0.01% |
30,283
+236
| +0.8% | +$16.7K |
|
1975
A.O. Smith
AOS
$8.17B
| $2.18M | ﹤0.01% |
35,626
-22,915
| -39% | -$1.6M |
|
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.