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 | |
|---|---|---|---|---|---|---|
2726
Mercury Insurance
MCY
$5.93B
| $832K | ﹤0.01% |
12,806
-1,172
| -8% | -$74.3K |
|
2727
Visteon
VC
$2.79B
| $828K | ﹤0.01% |
6,846
+1,570
| +30% | +$189K |
|
2728
East-West Bancorp
EWBC
$17.9B
| $827K | ﹤0.01% |
11,541
+375
| +3% | +$27.9K |
|
|
ORC
2729
Orchid Island Capital
ORC
$1.3B
| $827K | ﹤0.01% |
+31,884
| New | +$886K |
|
2730
Radware
RDWR
$1.1B
| $827K | ﹤0.01% |
26,853
+12,853
| +92% | +$371K |
|
|
SBI
2731
Western Asset Intermediate Muni Fund
SBI
$107M
| $827K | ﹤0.01% |
84,677
+25,020
| +42% | +$239K |
|
2732
Star Bulk Carriers
SBLK
$3.21B
| $827K | ﹤0.01% |
36,032
-14,114
| -28% | -$279K |
|
2733
Virtus Private Credit Strategy ETF
VPC
$30.3M
| $826K | ﹤0.01% |
32,986
+471
| +1% | +$11.6K |
|
2734
Burlington
BURL
$23.2B
| $824K | ﹤0.01% |
2,558
-57
| -2% | -$18.1K |
|
2735
Penske Automotive Group
PAG
$14.3B
| $822K | ﹤0.01% |
10,888
+8,072
| +287% | +$676K |
|
2736
BlackRock MuniYield Michigan Quality Fund
MIY
$353M
| $821K | ﹤0.01% |
53,260
+3,912
| +8% | +$59.8K |
|
2737
World Kinect Corp
WKC
$2.04B
| $821K | ﹤0.01% |
25,872
+70
| +0.3% | +$2.33K |
|
2738
Brixmor Property Group
BRX
$9.67B
| $819K | ﹤0.01% |
35,793
+6,291
| +21% | +$140K |
|
2739
Lightspeed Commerce
LSPD
$1.31B
| $819K | ﹤0.01% |
9,801
+64
| +0.7% | +$4.5K |
|
|
QDYN
2740
DELISTED
FlexShares Quality Dividend Dynamic Index Fund
QDYN
| $818K | ﹤0.01% |
13,736
| – | – |
|
2741
Ryanair
RYAAY
$30.4B
| $817K | ﹤0.01% |
18,875
+1,762
| +10% | +$79.6K |
|
2742
Mayville Engineering Co
MEC
$654M
| $814K | ﹤0.01% |
40,500
+500
| +1% | +$8.82K |
|
2743
Rapid7
RPD
$645M
| $814K | ﹤0.01% |
8,600
+91
| +1% | +$7.66K |
|
|
SABA
2744
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $814K | ﹤0.01% |
72,652
-398
| -0.5% | -$4.39K |
|
2745
Bank of Hawaii
BOH
$3.15B
| $810K | ﹤0.01% |
9,622
+1,093
| +13% | +$97.9K |
|
|
HIMX
2746
Himax Technologies
HIMX
$2.19B
| $808K | ﹤0.01% |
48,489
+5,334
| +12% | +$70.4K |
|
2747
KB Home
KBH
$3.37B
| $808K | ﹤0.01% |
19,840
+5,556
| +39% | +$256K |
|
2748
Walker & Dunlop
WD
$1.71B
| $806K | ﹤0.01% |
7,721
+383
| +5% | +$40.1K |
|
2749
iShares Latin America 40 ETF
ILF
$3.85B
| $805K | ﹤0.01% |
25,552
+14,277
| +127% | +$428K |
|
2750
Ingredion
INGR
$6.27B
| $804K | ﹤0.01% |
8,886
-432
| -5% | -$40.3K |
|
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.