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 | |
|---|---|---|---|---|---|---|
3051
Qualys
QLYS
$5.1B
| $569K | ﹤0.01% |
5,655
+1,295
| +30% | +$132K |
|
3052
Urban Outfitters
URBN
$6.35B
| $569K | ﹤0.01% |
13,799
+896
| +7% | +$33.8K |
|
|
FT
3053
Franklin Universal Trust
FT
$199M
| $568K | ﹤0.01% |
68,566
+2,100
| +3% | +$16.6K |
|
3054
Supernus Pharmaceuticals
SUPN
$2.59B
| $568K | ﹤0.01% |
18,448
-2,371
| -11% | -$72.7K |
|
3055
US Gold Corp
USAU
$214M
| $568K | ﹤0.01% |
+51,157
| New | +$571K |
|
3056
Hillman Solutions
HLMN
$1.54B
| $567K | ﹤0.01% |
45,731
+510
| +1% | +$5.68K |
|
|
HR
3057
DELISTED
Healthcare Realty Trust Incorporated
HR
| $565K | ﹤0.01% |
18,708
+5,941
| +47% | +$185K |
|
3058
First Bancorp
FNLC
$396M
| $563K | ﹤0.01% |
+19,109
| New | +$571K |
|
3059
CareTrust REIT
CTRE
$9.91B
| $562K | ﹤0.01% |
24,190
-4,602
| -16% | -$108K |
|
3060
iShares Investment Grade Systematic Bond ETF
IGEB
$1.45B
| $561K | ﹤0.01% |
10,360
-13,573
| -57% | -$725K |
|
|
FSD
3061
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $561K | ﹤0.01% |
35,631
-22,140
| -38% | -$340K |
|
3062
Upbound Group
UPBD
$1.13B
| $560K | ﹤0.01% |
10,544
+1,667
| +19% | +$96.8K |
|
|
WLL
3063
DELISTED
Whiting Petroleum Corporation
WLL
| $558K | ﹤0.01% |
10,234
+559
| +6% | +$24K |
|
3064
iMGP DBi Managed Futures Strategy ETF
DBMF
$3.98B
| $557K | ﹤0.01% |
+19,564
| New | +$554K |
|
3065
Nomad Foods
NOMD
$1.66B
| $556K | ﹤0.01% |
19,657
-862
| -4% | -$25.4K |
|
3066
TriCo Bancshares
TCBK
$1.84B
| $556K | ﹤0.01% |
13,067
-141
| -1% | -$6.54K |
|
3067
iShares MSCI Israel ETF
EIS
$889M
| $555K | ﹤0.01% |
7,972
-2,447
| -23% | -$166K |
|
3068
CNO Financial Group
CNO
$5.14B
| $554K | ﹤0.01% |
23,473
-822
| -3% | -$21K |
|
3069
Frontdoor
FTDR
$5.1B
| $554K | ﹤0.01% |
11,120
+595
| +6% | +$31.4K |
|
3070
AAM Low Duration Preferred and Income Securities ETF
PFLD
$413M
| $554K | ﹤0.01% |
+21,818
| New | +$552K |
|
|
IMOS
3071
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $553K | ﹤0.01% |
16,273
+884
| +6% | +$29.1K |
|
|
MDLA
3072
DELISTED
Medallia, Inc.
MDLA
| $553K | ﹤0.01% |
16,380
+6,144
| +60% | +$177K |
|
3073
Corsair Gaming
CRSR
$1.13B
| $552K | ﹤0.01% |
16,594
+3,481
| +27% | +$115K |
|
3074
Schrodinger
SDGR
$1.13B
| $552K | ﹤0.01% |
7,302
+669
| +10% | +$48.5K |
|
3075
Village Super Market
VLGEA
$651M
| $552K | ﹤0.01% |
23,469
+553
| +2% | +$13.5K |
|
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.