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 | |
|---|---|---|---|---|---|---|
|
CVAC
3651
DELISTED
CureVac
CVAC
| $276K | ﹤0.01% |
3,757
+600
| +19% | +$60K |
|
3652
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.42B
| $276K | ﹤0.01% |
15,237
+204
| +1% | +$3.67K |
|
3653
Horizon Technology Finance
HRZN
$300M
| $276K | ﹤0.01% |
16,001
-2,476
| -13% | -$40.9K |
|
3654
Grand Canyon Education
LOPE
$3.98B
| $275K | ﹤0.01% |
3,058
-110
| -3% | -$10.9K |
|
3655
TriMas Corp
TRS
$1.36B
| $275K | ﹤0.01% |
9,062
+1,249
| +16% | +$39.6K |
|
3656
Hamilton Lane
HLNE
$3.89B
| $274K | ﹤0.01% |
+3,008
| New | +$272K |
|
3657
MasterCraft Boat Holdings
MCFT
$597M
| $274K | ﹤0.01% |
10,420
-570
| -5% | -$15.9K |
|
3658
Century Aluminum
CENX
$4.44B
| $273K | ﹤0.01% |
21,180
+9,120
| +76% | +$131K |
|
3659
Columbia Financial
CLBK
$1.14B
| $273K | ﹤0.01% |
15,850
| – | – |
|
3660
Franklin FTSE Taiwan ETF
FLTW
$2.58B
| $272K | ﹤0.01% |
6,072
-26
| -0.4% | -$1.13K |
|
3661
PUT
Micron Technology
MU
$988B
| $272K | ﹤0.01% |
+3,200
| New | +$270K |
|
|
MVF
3662
DELISTED
BlackRock MuniVest Fund
MVF
| $272K | ﹤0.01% |
28,285
-2,659
| -9% | -$25.2K |
|
3663
NorthWestern Energy
NWE
$4.29B
| $272K | ﹤0.01% |
4,517
-614
| -12% | -$40K |
|
3664
CALL
Microsoft
MSFT
$3.35T
| $271K | ﹤0.01% |
+1,000
| New | +$254K |
|
3665
Phreesia
PHR
$656M
| $271K | ﹤0.01% |
+4,429
| New | +$231K |
|
3666
Eagle Bancorp
EGBN
$838M
| $270K | ﹤0.01% |
4,817
+532
| +12% | +$29.5K |
|
3667
Kennametal
KMT
$2.54B
| $270K | ﹤0.01% |
7,514
+1,993
| +36% | +$78K |
|
3668
Tower Semiconductor
TSEM
$23.9B
| $270K | ﹤0.01% |
9,169
-21,318
| -70% | -$599K |
|
|
EVA
3669
DELISTED
Enviva Inc.
EVA
| $270K | ﹤0.01% |
5,144
+405
| +9% | +$20K |
|
3670
Anavex Life Sciences
AVXL
$250M
| $269K | ﹤0.01% |
+11,775
| New | +$174K |
|
|
IAF
3671
abrdn Australia Equity Fund
IAF
$124M
| $269K | ﹤0.01% |
13,903
+2,926
| +27% | +$55.8K |
|
3672
PAR Technology
PAR
$695M
| $269K | ﹤0.01% |
3,851
+251
| +7% | +$17.8K |
|
|
AJRD
3673
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $269K | ﹤0.01% |
5,563
+206
| +4% | +$9.89K |
|
|
CXH
3674
DELISTED
MFS Investment Grade Municipal Trust
CXH
| $268K | ﹤0.01% |
26,071
+34
| +0.1% | +$342 |
|
|
FTHY
3675
First Trust High Yield Opportunities 2027 Term Fund
FTHY
$500M
| $268K | ﹤0.01% |
13,376
+500
| +4% | +$9.97K |
|
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.