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 | |
|---|---|---|---|---|---|---|
2101
HDFC Bank
HDB
$123B
| $1.87M | ﹤0.01% |
51,168
+6,358
| +14% | +$236K |
|
|
HYLD
2102
DELISTED
High Yield ETF
HYLD
| $1.87M | ﹤0.01% |
58,403
+6,372
| +12% | +$206K |
|
2103
Nuveen Real Estate Income Fund
JRS
$249M
| $1.87M | ﹤0.01% |
175,785
+14,594
| +9% | +$165K |
|
|
BKN
2104
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $1.87M | ﹤0.01% |
108,118
+561
| +0.5% | +$10.3K |
|
2105
iShares US Small Cap Equity Factor ETF
SMLF
$4.09B
| $1.87M | ﹤0.01% |
34,722
+3,273
| +10% | +$179K |
|
|
PBND
2106
DELISTED
Invesco PureBeta US Aggregate Bond ETF
PBND
| $1.87M | ﹤0.01% |
72,267
+14,261
| +25% | +$372K |
|
2107
Houlihan Lokey
HLI
$8.77B
| $1.86M | ﹤0.01% |
20,198
+3,619
| +22% | +$317K |
|
|
CIL
2108
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $1.86M | ﹤0.01% |
42,174
-7,901
| -16% | -$360K |
|
|
SGI
2109
Somnigroup International
SGI
$13.7B
| $1.85M | ﹤0.01% |
39,951
+9,786
| +32% | +$428K |
|
2110
Delek Logistics
DKL
$3.21B
| $1.85M | ﹤0.01% |
40,970
+435
| +1% | +$18.4K |
|
2111
WisdomTree True Developed International Fund
DOL
$830M
| $1.85M | ﹤0.01% |
38,956
+9,968
| +34% | +$496K |
|
2112
Meritage Homes
MTH
$4.58B
| $1.85M | ﹤0.01% |
38,186
-412
| -1% | -$21.2K |
|
2113
Paylocity
PCTY
$7.38B
| $1.85M | ﹤0.01% |
6,606
+1,673
| +34% | +$402K |
|
2114
Vistra
VST
$50B
| $1.85M | ﹤0.01% |
108,246
+32,430
| +43% | +$599K |
|
|
FMBI
2115
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $1.85M | ﹤0.01% |
97,195
+18,041
| +23% | +$332K |
|
2116
The Joint Corp
JYNT
$118M
| $1.84M | ﹤0.01% |
18,800
+3,641
| +24% | +$341K |
|
2117
Virtus Real Asset Income ETF
VRAI
$18.5M
| $1.84M | ﹤0.01% |
72,294
-2,924
| -4% | -$76.4K |
|
2118
State Street SPDR Dow Jones International Real Estate ETF
RWX
$269M
| $1.84M | ﹤0.01% |
51,847
+12,382
| +31% | +$464K |
|
2119
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$332M
| $1.84M | ﹤0.01% |
107,607
+7,061
| +7% | +$127K |
|
2120
GameStop
GME
$9.75B
| $1.83M | ﹤0.01% |
41,840
+7,380
| +21% | +$337K |
|
2121
Pan American Silver
PAAS
$18.2B
| $1.83M | ﹤0.01% |
78,812
-5,701
| -7% | -$149K |
|
2122
Scotiabank
BNS
$107B
| $1.83M | ﹤0.01% |
29,790
+249
| +0.8% | +$15.6K |
|
2123
Cohen & Steers Duration Preferred & Income Fund
LDP
$598M
| $1.83M | ﹤0.01% |
67,152
-2,798
| -4% | -$76K |
|
2124
Stellantis
STLA
$21.7B
| $1.83M | ﹤0.01% |
95,925
+3,367
| +4% | +$66.6K |
|
2125
State Street Income Allocation ETF
INKM
$72M
| $1.83M | ﹤0.01% |
52,127
-9,710
| -16% | -$346K |
|
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.