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 | |
|---|---|---|---|---|---|---|
3301
Perdoceo Education
PRDO
$2.04B
| $421K | ﹤0.01% |
34,296
+1,461
| +4% | +$17.9K |
|
|
TSC
3302
DELISTED
TriState Capital Holdings, Inc.
TSC
| $421K | ﹤0.01% |
20,667
+269
| +1% | +$6.13K |
|
3303
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$775M
| $420K | ﹤0.01% |
12,317
+2,574
| +26% | +$87.2K |
|
3304
US Global GO Gold and Precious Metal Miners ETF
GOAU
$167M
| $420K | ﹤0.01% |
21,962
-5,891
| -21% | -$122K |
|
3305
Timken Company
TKR
$9.46B
| $419K | ﹤0.01% |
5,193
+453
| +10% | +$38.3K |
|
|
BICK
3306
DELISTED
First Trust BICK Index Fund
BICK
| $419K | ﹤0.01% |
10,261
-1,630
| -14% | -$63.4K |
|
|
JHME
3307
DELISTED
John Hancock Multifactor Energy ETF
JHME
| $419K | ﹤0.01% |
19,715
+4,127
| +26% | +$83.6K |
|
|
SEM
3308
DELISTED
Select Medical
SEM
| $418K | ﹤0.01% |
18,367
-1,999
| -10% | -$41.5K |
|
3309
AdvisorShares Vice ETF
VICE
$7.34M
| $418K | ﹤0.01% |
11,598
-297
| -2% | -$10.5K |
|
3310
Coca-Cola Femsa
KOF
$22.9B
| $416K | ﹤0.01% |
+7,859
| New | +$387K |
|
3311
Prestige Consumer Healthcare
PBH
$2.37B
| $415K | ﹤0.01% |
7,966
+1,136
| +17% | +$54.6K |
|
3312
The RealReal
REAL
$1.44B
| $415K | ﹤0.01% |
+20,994
| New | +$429K |
|
|
ERF
3313
DELISTED
Enerplus Corporation
ERF
| $415K | ﹤0.01% |
57,656
+24,386
| +73% | +$150K |
|
3314
Custom Truck One Source
CTOS
$2.26B
| $414K | ﹤0.01% |
43,446
+2,983
| +7% | +$29.3K |
|
3315
Alto Ingredients
ALTO
$358M
| $413K | ﹤0.01% |
67,528
-1,875
| -3% | -$10.9K |
|
3316
Plexus
PLXS
$6.47B
| $413K | ﹤0.01% |
+4,517
| New | +$423K |
|
3317
Popular Inc
BPOP
$11.2B
| $412K | ﹤0.01% |
5,489
+135
| +3% | +$10.3K |
|
3318
iShares Currency Hedged MSCI Emerging Markets
HEEM
$274M
| $412K | ﹤0.01% |
12,467
-2,612
| -17% | -$84.9K |
|
3319
Nuveen Short-Term REIT ETF
NURE
$35.7M
| $412K | ﹤0.01% |
+12,119
| New | +$397K |
|
|
PDX
3320
PIMCO Dynamic Income Strategy Fund
PDX
$945M
| $412K | ﹤0.01% |
32,978
+3,227
| +11% | +$37K |
|
3321
York Water
YORW
$501M
| $412K | ﹤0.01% |
9,090
+1,200
| +15% | +$59.5K |
|
|
FTCH
3322
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $412K | ﹤0.01% |
8,180
-3,593
| -31% | -$170K |
|
3323
Centrus Energy
LEU
$3.48B
| $411K | ﹤0.01% |
16,195
+925
| +6% | +$22.1K |
|
3324
Papa John's
PZZA
$995M
| $411K | ﹤0.01% |
3,934
-1,101
| -22% | -$107K |
|
|
SJI
3325
DELISTED
South Jersey Industries, Inc.
SJI
| $411K | ﹤0.01% |
15,842
-1,066
| -6% | -$27.5K |
|
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.