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 | |
|---|---|---|---|---|---|---|
726
Steris
STE
$22.7B
| $14.4M | 0.01% |
70,045
+12,135
| +21% | +$2.44M |
|
|
BSCM
727
DELISTED
Invesco BulletShares 2022 Corporate Bond ETF
BSCM
| $14.4M | 0.01% |
669,154
-16,610
| -2% | -$359K |
|
728
First Trust Energy AlphaDEX Fund
FXN
$380M
| $14.4M | 0.01% |
1,261,414
+199,488
| +19% | +$2.12M |
|
|
ATVI
729
DELISTED
Activision Blizzard
ATVI
| $14.4M | 0.01% |
150,681
-42,956
| -22% | -$4.07M |
|
730
First Trust Securitized Plus ETF
DEED
$80.1M
| $14.3M | 0.01% |
552,571
+527,216
| +2,079% | +$13.7M |
|
731
WisdomTree US SmallCap Earnings Fund
EES
$727M
| $14.3M | 0.01% |
289,858
-159,187
| -35% | -$7.81M |
|
732
State Street SPDR Portfolio Europe ETF
SPEU
$715M
| $14.3M | 0.01% |
341,555
+306,512
| +875% | +$12.9M |
|
733
Baxter International
BAX
$12.8B
| $14.3M | 0.01% |
177,115
+11,244
| +7% | +$943K |
|
734
Atlassian
TEAM
$26.3B
| $14.2M | 0.01% |
55,295
-5,053
| -8% | -$1.18M |
|
|
SIVB
735
DELISTED
SVB Financial Group
SIVB
| $14.2M | 0.01% |
25,482
-4,160
| -14% | -$2.31M |
|
736
Amplify Mobile Payments ETF
IPAY
$172M
| $14.2M | 0.01% |
201,175
-60,488
| -23% | -$4.23M |
|
737
Bio-Rad Laboratories Class A
BIO
$8.82B
| $14.1M | 0.01% |
21,924
+1,762
| +9% | +$1.07M |
|
738
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$629M
| $14.1M | 0.01% |
550,114
+150,009
| +37% | +$3.79M |
|
739
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.71B
| $14M | 0.01% |
465,042
+170,275
| +58% | +$5.13M |
|
740
Cigna
CI
$78.8B
| $14M | 0.01% |
59,076
+3,614
| +7% | +$903K |
|
741
Invesco Global Clean Energy ETF
PBD
$178M
| $14M | 0.01% |
450,857
+27,504
| +6% | +$824K |
|
742
T-Mobile US
TMUS
$195B
| $13.9M | 0.01% |
96,141
+3,663
| +4% | +$505K |
|
743
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.11B
| $13.9M | 0.01% |
404,363
+64,539
| +19% | +$2.11M |
|
744
Ball Corp
BALL
$17.4B
| $13.9M | 0.01% |
171,605
-3,727
| -2% | -$323K |
|
745
iShares US Utilities ETF
IDU
$1.38B
| $13.9M | 0.01% |
177,083
-16,367
| -8% | -$1.33M |
|
746
Invesco Global Listed Private Equity ETF
PSP
$230M
| $13.9M | 0.01% |
180,954
+118,062
| +188% | +$9.19M |
|
747
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.39B
| $13.8M | 0.01% |
500,657
+16,649
| +3% | +$457K |
|
748
Invesco S&P SmallCap Health Care ETF
PSCH
$163M
| $13.8M | 0.01% |
213,765
+21,882
| +11% | +$1.36M |
|
749
IQVIA
IQV
$40.5B
| $13.8M | 0.01% |
56,749
+1,746
| +3% | +$403K |
|
|
CGC
750
Canopy Growth
CGC
$367M
| $13.7M | 0.01% |
56,811
-4,162
| -7% | -$1.07M |
|
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.