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 | |
|---|---|---|---|---|---|---|
651
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$489M
| $17M | 0.02% |
386,182
+73,730
| +24% | +$3.26M |
|
652
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $17M | 0.02% |
622,658
+25,266
| +4% | +$686K |
|
653
Intercontinental Exchange
ICE
$86.4B
| $17M | 0.02% |
142,896
-2,282
| -2% | -$263K |
|
654
VanEck BDC Income ETF
BIZD
$1.62B
| $16.9M | 0.02% |
986,375
+112,730
| +13% | +$1.91M |
|
655
Johnson Controls International
JCI
$85.6B
| $16.9M | 0.02% |
246,329
+100,937
| +69% | +$6.51M |
|
656
Iron Mountain
IRM
$37.4B
| $16.9M | 0.02% |
398,712
+20,696
| +5% | +$868K |
|
657
Pacer Trendpilot US Mid Cap ETF
PTMC
$396M
| $16.8M | 0.02% |
474,522
+28,951
| +6% | +$1.03M |
|
658
Wynn Resorts
WYNN
$10.3B
| $16.8M | 0.02% |
137,069
+36,200
| +36% | +$4.61M |
|
659
First Trust SSI Strategic Convertible Securities ETF
FCVT
$111M
| $16.6M | 0.02% |
322,516
+23,036
| +8% | +$1.17M |
|
660
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.4B
| $16.6M | 0.02% |
401,973
+9,242
| +2% | +$386K |
|
|
IFLN
661
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$308M
| $16.5M | 0.02% |
846,204
+113,662
| +16% | +$2.21M |
|
662
MSCI
MSCI
$42.1B
| $16.5M | 0.02% |
30,946
+4,702
| +18% | +$2.24M |
|
663
WEC Energy
WEC
$37B
| $16.4M | 0.02% |
184,480
-731
| -0.4% | -$68.9K |
|
664
Amplify Blockchain Technology ETF
BLOK
$1.08B
| $16.4M | 0.02% |
344,008
-4,172
| -1% | -$204K |
|
665
Tyson Foods
TSN
$21.5B
| $16.4M | 0.02% |
221,991
+11,380
| +5% | +$883K |
|
666
Analog Devices
ADI
$178B
| $16.3M | 0.02% |
94,948
+18,958
| +25% | +$3.04M |
|
667
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.25B
| $16.3M | 0.02% |
287,486
-15,493
| -5% | -$868K |
|
668
Invesco Semiconductors ETF
PSI
$2.17B
| $16.3M | 0.02% |
380,946
+22,326
| +6% | +$910K |
|
669
Motley Fool 100 Index ETF
TMFC
$2.01B
| $16.3M | 0.02% |
410,999
+60,285
| +17% | +$2.27M |
|
|
PCI
670
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $16.2M | 0.02% |
725,772
+48,156
| +7% | +$1.09M |
|
671
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$432M
| $16.2M | 0.02% |
956,171
+123,213
| +15% | +$2.07M |
|
672
First Trust Europe AlphaDEX Fund
FEP
$515M
| $16.2M | 0.02% |
379,249
+76,805
| +25% | +$3.33M |
|
673
Baidu
BIDU
$35.6B
| $16.2M | 0.02% |
79,352
-1,611
| -2% | -$322K |
|
674
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$220M
| $16.2M | 0.02% |
291,621
-10,146
| -3% | -$528K |
|
675
Public Storage
PSA
$61.7B
| $16.2M | 0.02% |
53,731
+7,408
| +16% | +$2.08M |
|
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.