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 | |
|---|---|---|---|---|---|---|
2276
Smith & Nephew
SNN
$13.6B
| $1.5M | ﹤0.01% |
43,545
+2,970
| +7% | +$117K |
|
2277
Wingstop
WING
$3.5B
| $1.49M | ﹤0.01% |
9,092
+983
| +12% | +$167K |
|
2278
iShares International Developed Real Estate ETF
IFGL
$82.7M
| $1.49M | ﹤0.01% |
53,182
+6
| +0% | +$179 |
|
2279
Willis Towers Watson
WTW
$31.6B
| $1.49M | ﹤0.01% |
6,398
+550
| +9% | +$122K |
|
2280
Adams Diversified Equity Fund
ADX
$3.18B
| $1.48M | ﹤0.01% |
74,800
+5,310
| +8% | +$108K |
|
2281
C.H. Robinson
CHRW
$17.3B
| $1.48M | ﹤0.01% |
17,003
-2,247
| -12% | -$203K |
|
2282
Beam Therapeutics
BEAM
$2.69B
| $1.48M | ﹤0.01% |
16,953
+31
| +0.2% | +$3.11K |
|
2283
Star Bulk Carriers
SBLK
$3.2B
| $1.47M | ﹤0.01% |
61,272
+25,240
| +70% | +$531K |
|
|
TWOU
2284
DELISTED
2U Inc
TWOU
| $1.47M | ﹤0.01% |
1,462
-71
| -5% | -$83.2K |
|
2285
DT Midstream
DTM
$13.9B
| $1.47M | ﹤0.01% |
+31,814
| New | +$1.39M |
|
2286
PetMed Express
PETS
$42.1M
| $1.47M | ﹤0.01% |
54,664
+25,981
| +91% | +$748K |
|
|
GGN
2287
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$767M
| $1.47M | ﹤0.01% |
393,452
+62,395
| +19% | +$242K |
|
2288
Timothy Plan High Dividend Stock ETF
TPHD
$361M
| $1.47M | ﹤0.01% |
50,101
+8,673
| +21% | +$263K |
|
2289
Robert Half
RHI
$4.01B
| $1.47M | ﹤0.01% |
14,617
+3,033
| +26% | +$297K |
|
|
DISH
2290
DELISTED
DISH Network Corp.
DISH
| $1.47M | ﹤0.01% |
33,740
+2,243
| +7% | +$95.5K |
|
2291
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$142M
| $1.46M | ﹤0.01% |
52,232
+9,151
| +21% | +$267K |
|
2292
First Industrial Realty Trust
FR
$8.69B
| $1.46M | ﹤0.01% |
28,114
-1,035
| -4% | -$56.3K |
|
2293
iShares MSCI Europe Financials ETF
EUFN
$4.24B
| $1.46M | ﹤0.01% |
74,517
-391,383
| -84% | -$7.75M |
|
2294
Idacorp
IDA
$8.32B
| $1.46M | ﹤0.01% |
14,139
+1,784
| +14% | +$186K |
|
2295
PVH
PVH
$4.03B
| $1.46M | ﹤0.01% |
14,212
+4,080
| +40% | +$439K |
|
2296
NeoGenomics
NEO
$2.1B
| $1.46M | ﹤0.01% |
30,242
-13,536
| -31% | -$627K |
|
2297
CACI
CACI
$11.2B
| $1.45M | ﹤0.01% |
5,511
+792
| +17% | +$205K |
|
|
ACC
2298
DELISTED
American Campus Communities, Inc.
ACC
| $1.45M | ﹤0.01% |
29,881
+7,349
| +33% | +$365K |
|
2299
FlexShares International Quality Dividend Index Fund
IQDF
$1.15B
| $1.45M | ﹤0.01% |
57,415
+5,373
| +10% | +$141K |
|
2300
RELX
RELX
$62.8B
| $1.45M | ﹤0.01% |
50,149
+3,969
| +9% | +$117K |
|
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.