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 | |
|---|---|---|---|---|---|---|
3676
Goosehead Insurance
GSHD
$2.51B
| $268K | ﹤0.01% |
2,108
-459
| -18% | -$46.8K |
|
|
CONXU
3677
DELISTED
CONX Corp. Unit
CONXU
| $268K | ﹤0.01% |
26,414
+179
| +0.7% | +$1.83K |
|
3678
Cheesecake Factory
CAKE
$5.03B
| $267K | ﹤0.01% |
4,935
+1,146
| +30% | +$66.3K |
|
3679
Veritone
VERI
$92.9M
| $267K | ﹤0.01% |
13,568
+2,686
| +25% | +$58.3K |
|
3680
Emergent Biosolutions
EBS
$379M
| $265K | ﹤0.01% |
4,204
-2,000
| -32% | -$128K |
|
3681
VanEck Israel ETF
ISRA
$147M
| $265K | ﹤0.01% |
+5,533
| New | +$257K |
|
3682
Nelnet
NNI
$4.96B
| $265K | ﹤0.01% |
3,523
+130
| +4% | +$9.77K |
|
|
GLOP
3683
DELISTED
GASLOG PARTNERS LP
GLOP
| $265K | ﹤0.01% |
71,698
-496
| -0.7% | -$1.5K |
|
3684
Great Southern Bancorp
GSBC
$878M
| $264K | ﹤0.01% |
4,906
+540
| +12% | +$30.3K |
|
|
AMRS
3685
DELISTED
Amyris Inc.
AMRS
| $264K | ﹤0.01% |
+16,146
| New | +$241K |
|
3686
Aptus Collared Investment Opportunity ETF
ACIO
$2.31B
| $263K | ﹤0.01% |
+8,704
| New | +$258K |
|
3687
Arrow Financial
AROW
$662M
| $263K | ﹤0.01% |
7,997
-22,234
| -74% | -$730K |
|
3688
Core Alternative Capital
CCOR
$28.3M
| $263K | ﹤0.01% |
8,937
-3,100
| -26% | -$92.6K |
|
3689
First Trust China AlphaDEX Fund
FCA
$32.8M
| $263K | ﹤0.01% |
8,363
-1,300
| -13% | -$40.2K |
|
3690
Invesco California Value Municipal Income Trust
VCV
$517M
| $263K | ﹤0.01% |
18,883
+7,284
| +63% | +$97.3K |
|
3691
Liberty Global Class A
LBTYA
$3.59B
| $262K | ﹤0.01% |
+9,635
| New | +$260K |
|
3692
Radian Group
RDN
$5.28B
| $262K | ﹤0.01% |
+11,776
| New | +$275K |
|
|
CS
3693
DELISTED
Credit Suisse Group
CS
| $262K | ﹤0.01% |
24,940
-44,839
| -64% | -$476K |
|
|
EPZM
3694
DELISTED
Epizyme, Inc
EPZM
| $262K | ﹤0.01% |
31,478
+150
| +0.5% | +$1.26K |
|
3695
Axsome Therapeutics
AXSM
$11.7B
| $261K | ﹤0.01% |
+3,863
| New | +$232K |
|
|
BFK
3696
DELISTED
BlackRock Municipal Income Trust
BFK
| $261K | ﹤0.01% |
16,930
-6,315
| -27% | -$95.4K |
|
3697
ProShares MSCI Europe Dividend Growers ETF
EUDV
$8.4M
| $261K | ﹤0.01% |
+5,010
| New | +$255K |
|
|
FFBW
3698
DELISTED
FFBW, Inc. Common Stock
FFBW
| $261K | ﹤0.01% |
22,887
| – | – |
|
3699
Coeur Mining
CDE
$15.1B
| $260K | ﹤0.01% |
29,302
+886
| +3% | +$8.54K |
|
3700
Wolverine World Wide
WWW
$1.68B
| $260K | ﹤0.01% |
7,742
+355
| +5% | +$13.4K |
|
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.