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 | |
|---|---|---|---|---|---|---|
201
Coca-Cola
KO
$380B
| $101M | 0.1% |
1,931,043
+114,047
| +6% | +$6.36M |
|
202
NextEra Energy
NEE
$186B
| $101M | 0.09% |
1,284,604
+75,897
| +6% | +$6.12M |
|
203
Goldman Sachs Access US Aggregate Bond ETF
GCOR
$794M
| $101M | 0.09% |
2,060,106
+160,569
| +8% | +$7.92M |
|
204
Pacer Trendpilot US Bond ETF
PTBD
$85.2M
| $99.9M | 0.09% |
3,685,097
+1,777,404
| +93% | +$49.1M |
|
205
Blackstone
BX
$107B
| $99.5M | 0.09% |
855,590
+144,772
| +20% | +$16.8M |
|
206
iShares MSCI Emerging Markets ETF
EEM
$28B
| $99.5M | 0.09% |
1,974,311
-218,259
| -10% | -$11.4M |
|
207
Qualcomm
QCOM
$172B
| $99.4M | 0.09% |
770,457
+24,902
| +3% | +$3.53M |
|
208
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.08B
| $98.8M | 0.09% |
1,133,985
+318,984
| +39% | +$28.1M |
|
209
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.1B
| $98.6M | 0.09% |
2,808,169
+912,616
| +48% | +$32.5M |
|
210
RTX Corp
RTX
$295B
| $98M | 0.09% |
1,140,107
+49,292
| +5% | +$4.22M |
|
211
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.95B
| $97.9M | 0.09% |
4,061,089
+609,007
| +18% | +$14.4M |
|
212
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$265M
| $97.5M | 0.09% |
1,521,678
+195,086
| +15% | +$13.1M |
|
213
First Trust NASDAQ Cybersecurity ETF
CIBR
$14B
| $97.4M | 0.09% |
1,999,808
+483,510
| +32% | +$23.9M |
|
214
Schwab US Large- Cap ETF
SCHX
$71.3B
| $97.1M | 0.09% |
5,599,686
+667,986
| +14% | +$11.9M |
|
215
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $95.4M | 0.09% |
1,565,005
+93,500
| +6% | +$5.88M |
|
216
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $95M | 0.09% |
323,608
+25,345
| +8% | +$7.61M |
|
217
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.32B
| $94.5M | 0.09% |
1,254,678
+29,810
| +2% | +$2.31M |
|
218
iShares Russell Mid-Cap Value ETF
IWS
$15.8B
| $94.3M | 0.09% |
832,769
+48,795
| +6% | +$5.65M |
|
219
Global X NASDAQ-100 Covered Call ETF
QYLD
$7.99B
| $93.9M | 0.09% |
4,257,942
+1,530,648
| +56% | +$34.7M |
|
220
First Trust US Equity Opportunities ETF
FPX
$1.47B
| $93.4M | 0.09% |
756,899
-18,490
| -2% | -$2.35M |
|
221
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $93.2M | 0.09% |
1,176,710
+53,596
| +5% | +$4.35M |
|
222
Thermo Fisher Scientific
TMO
$214B
| $92.8M | 0.09% |
162,457
+13,244
| +9% | +$7.27M |
|
223
ARK Genomic Revolution ETF
ARKG
$1.54B
| $92.3M | 0.09% |
1,235,499
+176,620
| +17% | +$14.8M |
|
224
Amgen
AMGN
$212B
| $91.9M | 0.09% |
432,330
+4,401
| +1% | +$1.01M |
|
|
SLY
225
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $91.4M | 0.09% |
964,728
+109,637
| +13% | +$10.4M |
|
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.