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 | |
|---|---|---|---|---|---|---|
2376
Keurig Dr Pepper
KDP
$42B
| $1.34M | ﹤0.01% |
39,304
+2,491
| +7% | +$87.1K |
|
2377
GraniteShares HIPS US High Income ETF
HIPS
$112M
| $1.34M | ﹤0.01% |
87,381
+23,493
| +37% | +$363K |
|
2378
Amcor
AMCR
$21.3B
| $1.34M | ﹤0.01% |
23,081
+1,410
| +7% | +$84.2K |
|
2379
Exelixis
EXEL
$13.7B
| $1.34M | ﹤0.01% |
63,251
+26,188
| +71% | +$486K |
|
2380
Landstar System
LSTR
$5.94B
| $1.34M | ﹤0.01% |
8,473
+2,380
| +39% | +$380K |
|
|
PSMM
2381
DELISTED
Invesco Moderately Conservative Multi-Asset Allocation ETF
PSMM
| $1.34M | ﹤0.01% |
86,795
+21,575
| +33% | +$336K |
|
|
SWCH
2382
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $1.34M | ﹤0.01% |
52,648
-11,387
| -18% | -$267K |
|
|
RPAI
2383
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.34M | ﹤0.01% |
103,697
+5,981
| +6% | +$74.7K |
|
|
CHGX
2384
DELISTED
AXS Change Finance ESG ETF
CHGX
| $1.33M | ﹤0.01% |
41,034
-303
| -0.7% | -$10.3K |
|
2385
Array Technologies
ARRY
$872M
| $1.33M | ﹤0.01% |
71,859
-31
| -0% | -$514 |
|
2386
Humacyte
HUMA
$188M
| $1.33M | ﹤0.01% |
+114,615
| New | +$1.31M |
|
2387
Apple Hospitality REIT
APLE
$3.9B
| $1.33M | ﹤0.01% |
84,421
-2,756
| -3% | -$41.3K |
|
2388
Chemed
CHE
$7.18B
| $1.33M | ﹤0.01% |
2,856
+1,017
| +55% | +$479K |
|
2389
FlexShares US Quality Low Volatility Index Fund
QLV
$165M
| $1.33M | ﹤0.01% |
+26,150
| New | +$1.37M |
|
2390
Western Alliance Bancorporation
WAL
$9.04B
| $1.32M | ﹤0.01% |
12,174
-22,316
| -65% | -$2.17M |
|
|
RMT
2391
Royce Micro-Cap Trust
RMT
$741M
| $1.32M | ﹤0.01% |
115,831
+3,513
| +3% | +$41.6K |
|
2392
Flowers Foods
FLO
$1.53B
| $1.32M | ﹤0.01% |
55,953
+591
| +1% | +$14K |
|
|
CSR
2393
Centerspace
CSR
$930M
| $1.32M | ﹤0.01% |
13,971
-259
| -2% | -$24.4K |
|
2394
WPP
WPP
$4.41B
| $1.32M | ﹤0.01% |
19,673
+6,846
| +53% | +$459K |
|
2395
Coherent
COHR
$56.6B
| $1.32M | ﹤0.01% |
22,199
-1,635
| -7% | -$107K |
|
2396
Adaptive Biotechnologies
ADPT
$3.75B
| $1.32M | ﹤0.01% |
38,741
+1,706
| +5% | +$61.7K |
|
2397
EXL Service
EXLS
$5.23B
| $1.32M | ﹤0.01% |
53,015
+21,970
| +71% | +$513K |
|
|
WFH
2398
DELISTED
Direxion Work From Home ETF
WFH
| $1.32M | ﹤0.01% |
17,790
-5
| -0% | -$382 |
|
|
JHMC
2399
DELISTED
John Hancock Multifactor Consumer Discretionary ETF
JHMC
| $1.31M | ﹤0.01% |
25,263
-464
| -2% | -$24.6K |
|
|
EVRI
2400
DELISTED
Everi Holdings
EVRI
| $1.31M | ﹤0.01% |
54,275
-8,820
| -14% | -$201K |
|
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.