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 | |
|---|---|---|---|---|---|---|
2201
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$563M
| $1.65M | ﹤0.01% |
36,567
-6,306
| -15% | -$261K |
|
|
PPLT
2202
abrdn Physical Platinum Shares ETF
PPLT
$1.9B
| $1.65M | ﹤0.01% |
182,650
-9,550
| -5% | -$91.1K |
|
2203
BlackBerry
BB
$4.98B
| $1.64M | ﹤0.01% |
168,962
-1,910
| -1% | -$20K |
|
2204
HEICO Corp
HEI
$49.8B
| $1.64M | ﹤0.01% |
12,464
+368
| +3% | +$48.5K |
|
2205
StoneX
SNEX
$9.26B
| $1.64M | ﹤0.01% |
126,041
+71,558
| +131% | +$920K |
|
2206
AdvisorShares Dorsey Wright ADR ETF
AADR
$39.4M
| $1.64M | ﹤0.01% |
25,803
+1,222
| +5% | +$81.4K |
|
2207
Nuveen Core Equity Alpha Fund
JCE
$279M
| $1.64M | ﹤0.01% |
95,870
+2,881
| +3% | +$48.8K |
|
|
DMB
2208
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$194M
| $1.64M | ﹤0.01% |
104,848
-12,415
| -11% | -$191K |
|
2209
KT
KT
$8.62B
| $1.64M | ﹤0.01% |
120,081
+1,907
| +2% | +$27K |
|
|
CTRA
2210
DELISTED
Coterra Energy
CTRA
| $1.64M | ﹤0.01% |
75,134
+14,770
| +24% | +$253K |
|
2211
H&R Block
HRB
$5.58B
| $1.63M | ﹤0.01% |
65,196
-10,643
| -14% | -$265K |
|
2212
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.6B
| $1.63M | ﹤0.01% |
43,400
+2,600
| +6% | +$97.3K |
|
2213
Coca-Cola Consolidated
COKE
$12.5B
| $1.63M | ﹤0.01% |
41,290
+4,570
| +12% | +$182K |
|
2214
BlackRock Science and Technology Trust
BST
$1.61B
| $1.63M | ﹤0.01% |
31,172
+6,500
| +26% | +$352K |
|
|
DHY
2215
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.63M | ﹤0.01% |
657,875
+83,683
| +15% | +$210K |
|
|
MDC
2216
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.63M | ﹤0.01% |
34,778
-2,596
| -7% | -$131K |
|
2217
Tortoise North American Pipeline ETF
TPYP
$875M
| $1.62M | ﹤0.01% |
74,498
-436
| -0.6% | -$9.53K |
|
2218
Amplify Lithium & Battery Technology ETF
BATT
$115M
| $1.62M | ﹤0.01% |
94,191
+8,018
| +9% | +$142K |
|
2219
Boston Properties
BXP
$11.2B
| $1.62M | ﹤0.01% |
14,959
+1,703
| +13% | +$195K |
|
2220
Louisiana-Pacific
LPX
$5.06B
| $1.62M | ﹤0.01% |
26,356
-381
| -1% | -$22.5K |
|
|
XRN
2221
Chiron Real Estate Inc
XRN
$514M
| $1.62M | ﹤0.01% |
21,987
+6,216
| +39% | +$473K |
|
2222
Century Communities
CCS
$1.91B
| $1.61M | ﹤0.01% |
26,263
+13,398
| +104% | +$888K |
|
2223
Global Net Lease
GNL
$1.84B
| $1.61M | ﹤0.01% |
100,774
+32,586
| +48% | +$572K |
|
|
PLYM
2224
DELISTED
Plymouth Industrial REIT
PLYM
| $1.61M | ﹤0.01% |
70,923
+16,599
| +31% | +$373K |
|
2225
WIX.com
WIX
$2.3B
| $1.61M | ﹤0.01% |
8,233
+78
| +1% | +$19.3K |
|
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.