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 | |
|---|---|---|---|---|---|---|
3251
Global X FTSE Southeast Asia ETF
ASEA
$99.4M
| $455K | ﹤0.01% |
31,678
+7,999
| +34% | +$119K |
|
3252
1stdibs.com
DIBS
$147M
| $455K | ﹤0.01% |
+13,065
| New | +$336K |
|
|
DQ
3253
Daqo New Energy
DQ
$819M
| $455K | ﹤0.01% |
7,004
-12,297
| -64% | -$884K |
|
3254
Lloyds Banking Group
LYG
$90.7B
| $455K | ﹤0.01% |
178,496
+30,153
| +20% | +$77.4K |
|
3255
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.91B
| $454K | ﹤0.01% |
21,325
-1,412
| -6% | -$29.6K |
|
3256
BWX Technologies
BWXT
$15.2B
| $454K | ﹤0.01% |
7,811
+1,286
| +20% | +$82.7K |
|
3257
Telus
TU
$16.8B
| $453K | ﹤0.01% |
20,179
-2,506
| -11% | -$54.3K |
|
3258
Madison Square Garden
MSGS
$9.75B
| $452K | ﹤0.01% |
2,622
-148
| -5% | -$26.8K |
|
|
PDCE
3259
DELISTED
PDC Energy, Inc.
PDCE
| $450K | ﹤0.01% |
9,817
+3,616
| +58% | +$148K |
|
3260
Civeo
CVEO
$350M
| $448K | ﹤0.01% |
25,185
| – | – |
|
3261
Petrobras
PBR
$123B
| $448K | ﹤0.01% |
36,655
+9,414
| +35% | +$92.4K |
|
3262
First Trust Nasdaq Food & Beverage ETF
FTXG
$24.5M
| $447K | ﹤0.01% |
17,423
+3,221
| +23% | +$84.2K |
|
|
NBH
3263
Neuberger Municipal Fund Inc
NBH
$306M
| $447K | ﹤0.01% |
27,774
-6,750
| -20% | -$109K |
|
|
ESEB
3264
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $446K | ﹤0.01% |
20,408
+7,538
| +59% | +$163K |
|
3265
VanEck Green Bond ETF
GRNB
$185M
| $445K | ﹤0.01% |
16,201
+56
| +0.3% | +$1.53K |
|
3266
Helios Technologies
HLIO
$2.57B
| $445K | ﹤0.01% |
5,704
+999
| +21% | +$73.1K |
|
|
SF
3267
Stifel
SF
$12.5B
| $444K | ﹤0.01% |
10,280
-462
| -4% | -$20.7K |
|
|
BZUN
3268
Baozun
BZUN
$173M
| $443K | ﹤0.01% |
12,497
-2,473
| -17% | -$87.1K |
|
|
MAPS
3269
DELISTED
WM TECHNOLOGY INC A
MAPS
| $443K | ﹤0.01% |
24,807
+3,612
| +17% | +$62.7K |
|
|
NARI
3270
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $443K | ﹤0.01% |
4,748
+1,079
| +29% | +$105K |
|
3271
Schwab 1000 Index ETF
SCHK
$5.68B
| $442K | ﹤0.01% |
20,704
+814
| +4% | +$16.9K |
|
|
IBDD
3272
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $442K | ﹤0.01% |
16,313
+2,435
| +18% | +$66K |
|
3273
Mueller Water Products
MWA
$3.9B
| $440K | ﹤0.01% |
30,512
-9,272
| -23% | -$133K |
|
3274
Choiceone Financial
COFS
$506M
| $439K | ﹤0.01% |
18,137
+1,799
| +11% | +$44.5K |
|
|
PTRS
3275
DELISTED
Partners Bancorp Common Stock
PTRS
| $439K | ﹤0.01% |
54,660
| – | – |
|
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.