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 | |
|---|---|---|---|---|---|---|
|
VWE
3201
DELISTED
Vintage Wine Estates, Inc. Common Stock
VWE
| $478K | ﹤0.01% |
39,870
-28,500
| -42% | -$304K |
|
|
ISBC
3202
DELISTED
Investors Bancorp, Inc.
ISBC
| $478K | ﹤0.01% |
33,511
+2,113
| +7% | +$31.2K |
|
3203
Casella Waste Systems
CWST
$5.69B
| $477K | ﹤0.01% |
7,526
+1,275
| +20% | +$84.6K |
|
3204
Kforce
KFRC
$1.02B
| $476K | ﹤0.01% |
7,559
-2,212
| -23% | -$131K |
|
3205
Xerox
XRX
$456M
| $476K | ﹤0.01% |
20,276
-7,580
| -27% | -$183K |
|
3206
State Street SPDR Global Dow ETF
DGT
$614M
| $474K | ﹤0.01% |
4,286
+246
| +6% | +$27.2K |
|
3207
Invesco Municipal Income Opportunities Trust
OIA
$293M
| $474K | ﹤0.01% |
56,993
+999
| +2% | +$8.07K |
|
|
BWIN
3208
Baldwin Insurance Group
BWIN
$2.6B
| $474K | ﹤0.01% |
17,785
-1,423
| -7% | -$38.6K |
|
3209
Mattel
MAT
$4.42B
| $473K | ﹤0.01% |
23,519
-2,360
| -9% | -$48.7K |
|
|
HGLB
3210
Highland Global Allocation Fund
HGLB
$172M
| $472K | ﹤0.01% |
52,088
-52,393
| -50% | -$460K |
|
3211
Resideo Technologies
REZI
$5.26B
| $472K | ﹤0.01% |
15,732
+1,340
| +9% | +$39.7K |
|
|
ROOF
3212
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $472K | ﹤0.01% |
18,152
+189
| +1% | +$4.82K |
|
|
IEC
3213
DELISTED
IEC Electronics Corp.
IEC
| $472K | ﹤0.01% |
44,906
+1,632
| +4% | +$18.5K |
|
|
DHF
3214
BNY Mellon High Yield Strategies Fund
DHF
$170M
| $471K | ﹤0.01% |
129,048
+2,611
| +2% | +$8.31K |
|
|
STMP
3215
DELISTED
Stamps.com, Inc.
STMP
| $471K | ﹤0.01% |
2,350
+384
| +20% | +$75.3K |
|
3216
RLJ Lodging Trust
RLJ
$1.87B
| $470K | ﹤0.01% |
30,842
+864
| +3% | +$13.5K |
|
3217
Loews
L
$23.9B
| $469K | ﹤0.01% |
8,588
+200
| +2% | +$11.2K |
|
|
RWT
3218
Redwood Trust
RWT
$585M
| $469K | ﹤0.01% |
38,887
+5,599
| +17% | +$62.5K |
|
3219
Red River Bancshares
RRBI
$649M
| $468K | ﹤0.01% |
9,257
+450
| +5% | +$24.4K |
|
3220
BlueLinx
BXC
$416M
| $467K | ﹤0.01% |
9,281
-2,219
| -19% | -$109K |
|
3221
PUT
Lowe's Companies
LOW
$118B
| $466K | ﹤0.01% |
2,400
| – | – |
|
3222
Oportun Financial
OPRT
$259M
| $466K | ﹤0.01% |
23,284
+326
| +1% | +$6.68K |
|
|
STKL
3223
DELISTED
SunOpta
STKL
| $466K | ﹤0.01% |
38,070
-90,933
| -70% | -$1.19M |
|
3224
United Natural Foods
UNFI
$3.01B
| $466K | ﹤0.01% |
12,600
+4,708
| +60% | +$171K |
|
3225
Imperial Oil
IMO
$62.3B
| $465K | ﹤0.01% |
+15,287
| New | +$461K |
|
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.