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 | |
|---|---|---|---|---|---|---|
2176
Pinnacle West Capital
PNW
$12.2B
| $1.7M | ﹤0.01% |
23,447
-3,675
| -14% | -$291K |
|
|
VSTO
2177
DELISTED
Vista Outdoor Inc.
VSTO
| $1.7M | ﹤0.01% |
42,093
-46,353
| -52% | -$1.91M |
|
2178
Gen Digital
GEN
$16.4B
| $1.7M | ﹤0.01% |
67,040
+15,902
| +31% | +$414K |
|
2179
Lightspeed Commerce
LSPD
$1.31B
| $1.69M | ﹤0.01% |
17,543
+7,742
| +79% | +$769K |
|
2180
MarketAxess Holdings
MKTX
$5.71B
| $1.69M | ﹤0.01% |
4,018
+2,951
| +277% | +$1.35M |
|
|
PSXP
2181
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $1.69M | ﹤0.01% |
47,057
-3,670
| -7% | -$134K |
|
|
CMRC
2182
Commerce.com Inc Series 1
CMRC
$258M
| $1.68M | ﹤0.01% |
33,236
+1,993
| +6% | +$122K |
|
2183
American Century Diversified Corporate Bond ETF
KORP
$869M
| $1.68M | ﹤0.01% |
32,122
-33,962
| -51% | -$1.79M |
|
2184
Tanger
SKT
$4.67B
| $1.68M | ﹤0.01% |
103,053
+2,679
| +3% | +$46.5K |
|
2185
StoneCo
STNE
$2.77B
| $1.68M | ﹤0.01% |
48,280
+13,255
| +38% | +$688K |
|
2186
iShares Global Timber & Forestry ETF
WOOD
$268M
| $1.67M | ﹤0.01% |
19,674
-2,187
| -10% | -$192K |
|
2187
CareDx
CDNA
$2.26B
| $1.67M | ﹤0.01% |
26,360
+9,832
| +59% | +$749K |
|
2188
Jabil
JBL
$33B
| $1.67M | ﹤0.01% |
28,614
+15,424
| +117% | +$917K |
|
2189
Kohl's
KSS
$2.17B
| $1.67M | ﹤0.01% |
35,454
+3,203
| +10% | +$171K |
|
2190
Canadian Natural Resources
CNQ
$99.4B
| $1.67M | ﹤0.01% |
93,272
+10,361
| +12% | +$171K |
|
2191
ALPS Equal Sector Weight ETF
EQL
$757M
| $1.67M | ﹤0.01% |
50,319
-1,704
| -3% | -$57.9K |
|
2192
Viasat
VSAT
$10.6B
| $1.67M | ﹤0.01% |
30,295
-20
| -0.1% | -$1.02K |
|
|
BWG
2193
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$130M
| $1.67M | ﹤0.01% |
133,119
+17,255
| +15% | +$218K |
|
2194
Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033
GLDI
$31.1M
| $1.67M | ﹤0.01% |
9,978
+2,602
| +35% | +$447K |
|
|
NCZ
2195
Virtus Convertible & Income Fund II
NCZ
$294M
| $1.66M | ﹤0.01% |
80,160
-2,348
| -3% | -$50K |
|
2196
Under Armour
UAA
$2.84B
| $1.66M | ﹤0.01% |
82,449
+24,563
| +42% | +$543K |
|
|
EFL
2197
DELISTED
Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
| $1.66M | ﹤0.01% |
177,327
+23,452
| +15% | +$221K |
|
2198
Five Below
FIVE
$12B
| $1.66M | ﹤0.01% |
9,371
+2,676
| +40% | +$533K |
|
2199
BlackRock TCP Capital
TCPC
$273M
| $1.65M | ﹤0.01% |
121,655
-16,669
| -12% | -$234K |
|
2200
Camden Property Trust
CPT
$11B
| $1.65M | ﹤0.01% |
11,187
+1,135
| +11% | +$166K |
|
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.