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 | |
|---|---|---|---|---|---|---|
|
CALY
2926
Callaway Golf Company
CALY
$3.32B
| $654K | ﹤0.01% |
19,391
-174
| -0.9% | -$5.59K |
|
2927
Horizon Bancorp
HBNC
$1.04B
| $653K | ﹤0.01% |
37,475
+2,544
| +7% | +$46.4K |
|
2928
StoneX
SNEX
$9.26B
| $653K | ﹤0.01% |
+54,483
| New | +$704K |
|
2929
Global X Alternative Income ETF
ALTY
$45.7M
| $652K | ﹤0.01% |
47,893
+14,118
| +42% | +$189K |
|
2930
Barclays
BCS
$92.7B
| $652K | ﹤0.01% |
67,588
-1,432
| -2% | -$14.6K |
|
2931
Nuveen Select Tax-Free Income Portfolio
NXP
$890M
| $649K | ﹤0.01% |
35,485
-3,430
| -9% | -$61.4K |
|
2932
HF Sinclair
DINO
$16.5B
| $648K | ﹤0.01% |
19,693
+3
| +0% | +$104 |
|
2933
Ezcorp Inc
EZPW
$1.83B
| $648K | ﹤0.01% |
107,519
+700
| +0.7% | +$4.42K |
|
2934
Vident US Bond Strategy ETF
VBND
$523M
| $648K | ﹤0.01% |
12,645
-9,653
| -43% | -$492K |
|
2935
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $647K | ﹤0.01% |
5,920
-8,112
| -58% | -$895K |
|
2936
Dana Inc
DAN
$2.9B
| $646K | ﹤0.01% |
27,189
+3,339
| +14% | +$86.6K |
|
2937
Amplify Seymour Cannabis ETF
CNBS
$70.6M
| $645K | ﹤0.01% |
+2,085
| New | +$651K |
|
|
EIM
2938
Eaton Vance Municipal Bond Fund
EIM
$491M
| $645K | ﹤0.01% |
47,162
+1,544
| +3% | +$20.9K |
|
2939
Upwork
UPWK
$1.13B
| $645K | ﹤0.01% |
11,058
-13,835
| -56% | -$650K |
|
2940
Utz Brands
UTZ
$1.25B
| $643K | ﹤0.01% |
29,504
-8,384
| -22% | -$209K |
|
2941
Curtiss-Wright
CW
$26.7B
| $641K | ﹤0.01% |
5,396
-2,502
| -32% | -$313K |
|
2942
PDS Biotechnology
PDSB
$38.4M
| $641K | ﹤0.01% |
+51,050
| New | +$399K |
|
|
SRCL
2943
DELISTED
Stericycle Inc
SRCL
| $640K | ﹤0.01% |
8,939
+595
| +7% | +$43.8K |
|
|
FFA
2944
First Trust Enhanced Equity Income Fund
FFA
$450M
| $639K | ﹤0.01% |
31,428
-18,490
| -37% | -$364K |
|
2945
U-Haul Holding Co
UHAL
$13.9B
| $639K | ﹤0.01% |
10,840
-2,360
| -18% | -$138K |
|
2946
Main Sector Rotation ETF
SECT
$2.75B
| $638K | ﹤0.01% |
15,473
-2,949
| -16% | -$118K |
|
2947
First Interstate BancSystem
FIBK
$3.69B
| $637K | ﹤0.01% |
15,225
-220
| -1% | -$10.2K |
|
2948
Honda
HMC
$39.1B
| $636K | ﹤0.01% |
19,759
-5,469
| -22% | -$170K |
|
2949
Lindblad Expeditions
LIND
$1.94B
| $636K | ﹤0.01% |
39,726
-230
| -0.6% | -$3.89K |
|
|
CTLT
2950
DELISTED
CATALENT, INC.
CTLT
| $634K | ﹤0.01% |
5,864
-318
| -5% | -$34.1K |
|
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.