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 | |
|---|---|---|---|---|---|---|
2126
iShares ESG MSCI USA Leaders ETF
SUSL
$1.14B
| $1.83M | ﹤0.01% |
24,223
+9,952
| +70% | +$773K |
|
2127
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$192M
| $1.82M | ﹤0.01% |
34,862
+15,473
| +80% | +$812K |
|
2128
Invitation Homes
INVH
$17.7B
| $1.82M | ﹤0.01% |
47,554
+8,307
| +21% | +$333K |
|
2129
Equity Lifestyle Properties
ELS
$12.6B
| $1.82M | ﹤0.01% |
23,315
+2,635
| +13% | +$216K |
|
2130
Camtek
CAMT
$6.18B
| $1.82M | ﹤0.01% |
44,919
+6,874
| +18% | +$265K |
|
|
BSMO
2131
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $1.81M | ﹤0.01% |
70,302
+1,054
| +2% | +$27.2K |
|
|
SFBS
2132
ServisFirst Bancshares
SFBS
$4.89B
| $1.81M | ﹤0.01% |
23,257
+1,319
| +6% | +$94.4K |
|
2133
JPMorgan Municipal ETF
JMUB
$8.3B
| $1.81M | ﹤0.01% |
32,897
+634
| +2% | +$35.2K |
|
2134
Invesco Quality Municipal Securities
IQI
$522M
| $1.8M | ﹤0.01% |
136,658
+44,722
| +49% | +$611K |
|
2135
Sprouts Farmers Market
SFM
$8.13B
| $1.8M | ﹤0.01% |
77,659
-2,712
| -3% | -$66K |
|
|
SRC
2136
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $1.8M | ﹤0.01% |
39,025
+3,714
| +11% | +$185K |
|
|
DSM
2137
BNY Mellon Strategic Municipal Bond Fund
DSM
$287M
| $1.79M | ﹤0.01% |
224,993
-52,181
| -19% | -$436K |
|
2138
Sunoco
SUN
$14.4B
| $1.79M | ﹤0.01% |
48,032
+4,041
| +9% | +$150K |
|
2139
First American
FAF
$7.66B
| $1.79M | ﹤0.01% |
26,709
+1,714
| +7% | +$115K |
|
2140
WisdomTree US Value Fund
WTV
$3.2B
| $1.79M | ﹤0.01% |
30,143
+19,843
| +193% | +$1.2M |
|
|
MCR
2141
DELISTED
MFS Charter Income Trust
MCR
| $1.78M | ﹤0.01% |
207,080
+22,837
| +12% | +$198K |
|
2142
Sturm, Ruger & Co
RGR
$594M
| $1.78M | ﹤0.01% |
24,139
-1,692
| -7% | -$132K |
|
2143
Pacer Trendpilot European Index ETF
PTEU
$37M
| $1.78M | ﹤0.01% |
73,383
+8,445
| +13% | +$213K |
|
|
BTO
2144
John Hancock Financial Opportunities Fund
BTO
$798M
| $1.78M | ﹤0.01% |
41,849
-3,200
| -7% | -$129K |
|
2145
Cohen & Steers Select Preferred & Income Fund
PSF
$234M
| $1.78M | ﹤0.01% |
62,349
+4,140
| +7% | +$127K |
|
|
AIMC
2146
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.77M | ﹤0.01% |
32,024
+1,296
| +4% | +$77.3K |
|
2147
iShares Global Utilities ETF
JXI
$314M
| $1.77M | ﹤0.01% |
30,108
+2,114
| +8% | +$131K |
|
2148
Diodes
DIOD
$3.78B
| $1.77M | ﹤0.01% |
19,705
+2,266
| +13% | +$198K |
|
2149
Murphy USA
MUSA
$11.2B
| $1.76M | ﹤0.01% |
10,549
+1,039
| +11% | +$157K |
|
2150
Boyd Gaming
BYD
$6.18B
| $1.76M | ﹤0.01% |
27,831
-20,120
| -42% | -$1.19M |
|
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.