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 |
Vanguard Total Bond Market
BND
|
+$513M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$372M |
| 3 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$352M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$303M |
| 5 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$146M |
| 2 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$118M |
| 3 |
iShares Global Tech ETF
IXN
|
+$79.3M |
| 4 |
iShares US Medical Devices ETF
IHI
|
+$74.6M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$74.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.27% |
| 2 | Financials | 3.12% |
| 3 | Consumer Discretionary | 3.1% |
| 4 | Healthcare | 2.67% |
| 5 | Communication Services | 2.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MCA
2526
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $1.05M | ﹤0.01% |
66,482
+8,974
| +16% | +$137K |
|
2527
Kinross Gold
KGC
$27.4B
| $1.04M | ﹤0.01% |
164,384
+18,629
| +13% | +$138K |
|
2528
Outdoor Holding Co
POWW
$249M
| $1.04M | ﹤0.01% |
106,633
+69,254
| +185% | +$492K |
|
2529
Li Auto
LI
$13.4B
| $1.04M | ﹤0.01% |
29,844
-1,590
| -5% | -$37.2K |
|
2530
C3.ai
AI
$1.43B
| $1.04M | ﹤0.01% |
16,642
+1,008
| +6% | +$62.6K |
|
2531
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$581M
| $1.04M | ﹤0.01% |
38,554
+2,703
| +8% | +$72.9K |
|
|
HSKA
2532
DELISTED
Heska Corp
HSKA
| $1.04M | ﹤0.01% |
4,528
+552
| +14% | +$108K |
|
2533
Ares Management
ARES
$28.9B
| $1.04M | ﹤0.01% |
16,336
+2,254
| +16% | +$126K |
|
2534
Host Hotels & Resorts
HST
$17.2B
| $1.04M | ﹤0.01% |
60,617
+30,933
| +104% | +$539K |
|
2535
Xtrackers Russell US Multifactor ETF
DEUS
$300M
| $1.03M | ﹤0.01% |
23,395
+50
| +0.2% | +$2.19K |
|
2536
Freshpet
FRPT
$2.93B
| $1.03M | ﹤0.01% |
6,350
+213
| +3% | +$36.3K |
|
2537
BlackRock MuniYield Quality Fund
MQY
$805M
| $1.03M | ﹤0.01% |
61,735
+34,228
| +124% | +$559K |
|
2538
Sinclair Inc
SBGI
$992M
| $1.03M | ﹤0.01% |
31,123
+226
| +0.7% | +$7.31K |
|
2539
DigitalBridge
DBRG
$2.93B
| $1.03M | ﹤0.01% |
32,703
+3,134
| +11% | +$89.6K |
|
2540
Neogen
NEOG
$2.63B
| $1.03M | ﹤0.01% |
22,444
+3,060
| +16% | +$141K |
|
2541
Progyny
PGNY
$2.44B
| $1.03M | ﹤0.01% |
17,498
+3,479
| +25% | +$195K |
|
2542
Robert Half
RHI
$3.87B
| $1.03M | ﹤0.01% |
11,584
+2,882
| +33% | +$251K |
|
2543
iShares US & Intl High Yield Corp Bond ETF
GHYG
$194M
| $1.03M | ﹤0.01% |
20,232
-3,183
| -14% | -$161K |
|
2544
Bilibili
BILI
$7.99B
| $1.03M | ﹤0.01% |
8,435
+345
| +4% | +$37.4K |
|
|
CVET
2545
DELISTED
Covetrus, Inc. Common Stock
CVET
| $1.03M | ﹤0.01% |
38,001
+1,461
| +4% | +$40.9K |
|
|
DBL
2546
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $1.02M | ﹤0.01% |
51,059
+2,783
| +6% | +$55K |
|
|
BLE
2547
DELISTED
BlackRock Municipal Income Trust II
BLE
| $1.02M | ﹤0.01% |
64,685
+24,925
| +63% | +$383K |
|
2548
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$192M
| $1.02M | ﹤0.01% |
19,389
+5,059
| +35% | +$264K |
|
|
CSML
2549
DELISTED
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
| $1.02M | ﹤0.01% |
28,562
-624
| -2% | -$22.2K |
|
2550
WaFd
WAFD
$2.72B
| $1.02M | ﹤0.01% |
31,994
+587
| +2% | +$19.1K |
|
Similar funds
LPL Financial's Q2 2021 Portfolio in Review
As of Q2 2021, LPL Financial held 4,382 positions worth $98.9B, up 14% from $87B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.65B of net new capital in Q2 2021, opening 313 new positions and adding to 2,646 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 13,232,262 shares worth $357M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $146M trimmed.
- LPL Financial's largest Q2 2021 buy was Dimensional US Core Equity 2 ETF: 13,232,262 shares worth $357M.
- LPL Financial added most to Vanguard Total Bond Market in Q2 2021, an estimated $513M increase.
- LPL Financial's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $146M.
- LPL Financial fully exited FS KKR Capital Corp. II in Q2 2021, selling an estimated $30.9M.
- LPL Financial's ten largest holdings make up 19% of its $98.9B portfolio in Q2 2021.
- LPL Financial opened 313 new positions and closed 164 in Q2 2021.
- LPL Financial's portfolio value rose 14% quarter-over-quarter to $98.9B.
Based on LPL Financial's 13F filing for Q2 2021, filed 13 Aug 2021.