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 | |
|---|---|---|---|---|---|---|
1976
iShares MSCI Brazil ETF
EWZ
$9.28B
| $2.17M | ﹤0.01% |
67,634
-111,090
| -62% | -$4.06M |
|
1977
Trimble
TRMB
$13.2B
| $2.17M | ﹤0.01% |
26,402
+8,356
| +46% | +$734K |
|
1978
Markel Group
MKL
$23.3B
| $2.17M | ﹤0.01% |
1,816
+551
| +44% | +$679K |
|
1979
JetBlue
JBLU
$2.28B
| $2.17M | ﹤0.01% |
141,593
+14,132
| +11% | +$217K |
|
1980
Jones Lang LaSalle
JLL
$16.3B
| $2.16M | ﹤0.01% |
8,721
+177
| +2% | +$40.4K |
|
|
SQEW
1981
DELISTED
LeaderShares Equity Skew ETF
SQEW
| $2.16M | ﹤0.01% |
59,840
+8,211
| +16% | +$299K |
|
1982
Editas Medicine
EDIT
$396M
| $2.16M | ﹤0.01% |
52,628
+3,794
| +8% | +$208K |
|
|
FLC
1983
Flaherty & Crumrine Total Return Fund
FLC
$174M
| $2.16M | ﹤0.01% |
90,154
+3,761
| +4% | +$90.3K |
|
1984
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$237M
| $2.16M | ﹤0.01% |
88,746
-44,985
| -34% | -$1.16M |
|
1985
Nuveen ESG Emerging Markets Equity ETF
NUEM
$368M
| $2.16M | ﹤0.01% |
63,658
+10,560
| +20% | +$370K |
|
|
GGT
1986
Gabelli Multimedia Trust
GGT
$171M
| $2.15M | ﹤0.01% |
238,475
+51,867
| +28% | +$495K |
|
1987
Sun Communities
SUI
$15.2B
| $2.14M | ﹤0.01% |
11,553
+879
| +8% | +$170K |
|
1988
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.66B
| $2.14M | ﹤0.01% |
99,709
+8,602
| +9% | +$185K |
|
|
KIO
1989
KKR Income Opportunities Fund
KIO
$451M
| $2.14M | ﹤0.01% |
130,399
-9,908
| -7% | -$163K |
|
1990
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$616M
| $2.13M | ﹤0.01% |
40,987
+1,684
| +4% | +$87.9K |
|
1991
ON Semiconductor
ON
$31.8B
| $2.13M | ﹤0.01% |
46,532
+11,540
| +33% | +$493K |
|
1992
Wabtec
WAB
$49.1B
| $2.13M | ﹤0.01% |
24,502
+2,129
| +10% | +$183K |
|
1993
CubeSmart
CUBE
$9.39B
| $2.13M | ﹤0.01% |
43,950
+17,143
| +64% | +$865K |
|
1994
Campbell Soup
CPB
$6.55B
| $2.12M | ﹤0.01% |
50,658
+5,138
| +11% | +$223K |
|
1995
Cracker Barrel
CBRL
$1.26B
| $2.11M | ﹤0.01% |
15,119
+3,563
| +31% | +$499K |
|
1996
Logitech
LOGI
$14.7B
| $2.11M | ﹤0.01% |
23,974
-8,228
| -26% | -$889K |
|
1997
Mid-America Apartment Communities
MAA
$15.4B
| $2.11M | ﹤0.01% |
11,301
-231
| -2% | -$43.4K |
|
1998
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.01B
| $2.11M | ﹤0.01% |
66,478
+2,527
| +4% | +$81.1K |
|
1999
UGI
UGI
$7.74B
| $2.11M | ﹤0.01% |
49,458
-2,769
| -5% | -$127K |
|
|
AVLR
2000
DELISTED
Avalara, Inc.
AVLR
| $2.11M | ﹤0.01% |
12,055
+2,761
| +30% | +$475K |
|
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.