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 | |
|---|---|---|---|---|---|---|
2301
VanEck Steel ETF
SLX
$168M
| $1.45M | ﹤0.01% |
26,216
-4,272
| -14% | -$263K |
|
2302
VanEck India Growth Leaders ETF
GLIN
$93.6M
| $1.45M | ﹤0.01% |
34,410
-651
| -2% | -$26.8K |
|
|
DNMR
2303
DELISTED
Danimer Scientific, Inc.
DNMR
| $1.44M | ﹤0.01% |
2,208
-4
| -0.2% | -$2.94K |
|
2304
Insperity
NSP
$2.04B
| $1.44M | ﹤0.01% |
13,022
+2,152
| +20% | +$221K |
|
2305
Gentex
GNTX
$4.98B
| $1.44M | ﹤0.01% |
43,692
+5,618
| +15% | +$181K |
|
2306
US Foods
USFD
$22B
| $1.44M | ﹤0.01% |
41,524
-83,520
| -67% | -$2.86M |
|
2307
Cedar Fair
FUN
$1.8B
| $1.44M | ﹤0.01% |
30,955
-809
| -3% | -$35.7K |
|
2308
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$649M
| $1.44M | ﹤0.01% |
87,543
+3,152
| +4% | +$51.8K |
|
2309
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.94B
| $1.43M | ﹤0.01% |
51,070
+10,801
| +27% | +$288K |
|
2310
Community Health Systems
CYH
$409M
| $1.43M | ﹤0.01% |
122,559
+5,506
| +5% | +$71.8K |
|
2311
Cambria Global Value ETF
GVAL
$585M
| $1.43M | ﹤0.01% |
61,811
+5,644
| +10% | +$132K |
|
2312
Churchill Downs
CHDN
$5.74B
| $1.43M | ﹤0.01% |
11,926
+8,542
| +252% | +$868K |
|
2313
Nuveen ESG 1-5 Year US Aggregate Bond ETF
NUSA
$34.5M
| $1.43M | ﹤0.01% |
57,066
+5,323
| +10% | +$134K |
|
|
FEI
2314
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.43M | ﹤0.01% |
198,821
+1,951
| +1% | +$14.4K |
|
2315
Harley-Davidson
HOG
$2.64B
| $1.43M | ﹤0.01% |
38,943
+1,717
| +5% | +$69.2K |
|
2316
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$638M
| $1.43M | ﹤0.01% |
91,158
+3,095
| +4% | +$49K |
|
|
EVN
2317
Eaton Vance Municipal Income Trust
EVN
$414M
| $1.42M | ﹤0.01% |
102,999
+8,693
| +9% | +$124K |
|
2318
Alpha Architect US Quantitative Value ETF
QVAL
$592M
| $1.42M | ﹤0.01% |
41,638
-1,609
| -4% | -$56.2K |
|
2319
Fluor
FLR
$7.06B
| $1.42M | ﹤0.01% |
89,105
+17,661
| +25% | +$290K |
|
|
GLQ
2320
Clough Global Equity Fund
GLQ
$154M
| $1.42M | ﹤0.01% |
97,233
+81,287
| +510% | +$1.24M |
|
2321
WisdomTree International High Dividend Fund
DTH
$654M
| $1.42M | ﹤0.01% |
37,505
+12,562
| +50% | +$499K |
|
2322
AdvisorShares Insider Advantage ETF
SURE
$56.6M
| $1.42M | ﹤0.01% |
15,180
+2,056
| +16% | +$196K |
|
2323
Wintrust Financial
WTFC
$10.9B
| $1.42M | ﹤0.01% |
17,661
+554
| +3% | +$40.9K |
|
|
XWEB
2324
DELISTED
SPDR S&P Internet ETF
XWEB
| $1.42M | ﹤0.01% |
8,715
-3,672
| -30% | -$630K |
|
2325
IQ Candriam International Equity ETF
IQSI
$269M
| $1.42M | ﹤0.01% |
48,434
-75,657
| -61% | -$2.28M |
|
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.