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 | |
|---|---|---|---|---|---|---|
|
PPLI
2776
People Inc
PPLI
$3.09B
| $781K | ﹤0.01% |
6,174
-2,347
| -28% | -$304K |
|
|
VBIV
2777
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $781K | ﹤0.01% |
7,773
+1,026
| +15% | +$100K |
|
2778
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$62.6M
| $779K | ﹤0.01% |
16,970
+855
| +5% | +$38.9K |
|
2779
Q2 Holdings
QTWO
$3.8B
| $779K | ﹤0.01% |
7,594
+1,212
| +19% | +$121K |
|
2780
Semtech
SMTC
$11B
| $779K | ﹤0.01% |
11,329
+2,421
| +27% | +$160K |
|
2781
Ashland
ASH
$3.33B
| $776K | ﹤0.01% |
8,868
+2,668
| +43% | +$240K |
|
|
NVEE
2782
DELISTED
NV5 Global
NVEE
| $775K | ﹤0.01% |
32,804
-532
| -2% | -$12.1K |
|
|
RVNC
2783
DELISTED
Revance Therapeutics, Inc.
RVNC
| $775K | ﹤0.01% |
26,152
-3,342
| -11% | -$96.4K |
|
2784
Aegon
AEG
$14B
| $773K | ﹤0.01% |
199,497
+68,475
| +52% | +$291K |
|
2785
Emcor
EME
$35.2B
| $773K | ﹤0.01% |
6,276
+69
| +1% | +$8.42K |
|
2786
Cal-Maine
CALM
$4.12B
| $772K | ﹤0.01% |
21,307
+4,661
| +28% | +$175K |
|
2787
Ralph Lauren
RL
$22.6B
| $772K | ﹤0.01% |
6,549
+907
| +16% | +$114K |
|
2788
ThredUp
TDUP
$746M
| $772K | ﹤0.01% |
26,540
+12,619
| +91% | +$272K |
|
2789
BlackRock Floating Rate Income Trust
BGT
$323M
| $771K | ﹤0.01% |
59,977
-781
| -1% | -$9.88K |
|
|
HI
2790
DELISTED
Hillenbrand
HI
| $769K | ﹤0.01% |
17,454
-1,067
| -6% | -$49.8K |
|
2791
Davis Select International ETF
DINT
$290M
| $768K | ﹤0.01% |
32,975
+2,522
| +8% | +$60.1K |
|
2792
AMC Global Media
AMCX
$492M
| $767K | ﹤0.01% |
11,488
+1,853
| +19% | +$102K |
|
2793
Jabil
JBL
$33B
| $767K | ﹤0.01% |
13,190
+2,337
| +22% | +$129K |
|
2794
Sprott Junior Gold Miners ETF
SGDJ
$267M
| $767K | ﹤0.01% |
17,392
-2,344
| -12% | -$111K |
|
|
AQUA
2795
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $765K | ﹤0.01% |
22,640
+579
| +3% | +$17.4K |
|
2796
BlackRock Health Sciences Trust II
BMEZ
$968M
| $763K | ﹤0.01% |
26,380
-5,821
| -18% | -$161K |
|
2797
United States Gasoline Fund
UGA
$142M
| $761K | ﹤0.01% |
21,225
+8,042
| +61% | +$273K |
|
2798
Equitable Holdings
EQH
$13B
| $760K | ﹤0.01% |
24,953
+3,179
| +15% | +$104K |
|
2799
Fidelity MSCI Materials Index ETF
FMAT
$575M
| $760K | ﹤0.01% |
16,453
+2,253
| +16% | +$106K |
|
|
XRLV
2800
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $760K | ﹤0.01% |
16,254
+101
| +0.6% | +$4.67K |
|
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.