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 | |
|---|---|---|---|---|---|---|
1376
Lemonade
LMND
$3.66B
| $4.73M | ﹤0.01% |
43,192
+8,969
| +26% | +$814K |
|
1377
iShares MSCI Intl Value Factor ETF
IVLU
$4.32B
| $4.72M | ﹤0.01% |
182,866
+6,215
| +4% | +$163K |
|
1378
PG&E
PCG
$39B
| $4.72M | ﹤0.01% |
464,166
+162,876
| +54% | +$1.75M |
|
1379
iShares Core US REIT ETF
USRT
$4.71B
| $4.71M | ﹤0.01% |
80,697
+13,189
| +20% | +$749K |
|
1380
Invesco MSCI Sustainable Future ETF
ERTH
$131M
| $4.7M | ﹤0.01% |
67,927
+12,502
| +23% | +$917K |
|
1381
ProShares Short 20+ Year Treasury ETF
TBF
$87.2M
| $4.69M | ﹤0.01% |
277,808
+196,278
| +241% | +$3.44M |
|
1382
Virgin Galactic
SPCE
$315M
| $4.67M | ﹤0.01% |
5,080
-178
| -3% | -$101K |
|
1383
HCM Defender 100 Index ETF
QQH
$683M
| $4.66M | ﹤0.01% |
97,081
+189
| +0.2% | +$8.42K |
|
1384
iShares Russell Top 200 ETF
IWL
$2.13B
| $4.65M | ﹤0.01% |
45,257
+12,262
| +37% | +$1.22M |
|
1385
Agilent Technologies
A
$39.6B
| $4.65M | ﹤0.01% |
31,438
+260
| +0.8% | +$35.5K |
|
1386
Amplify Junior Silver Miners ETF
SILJ
$3.14B
| $4.64M | ﹤0.01% |
305,036
+83,098
| +37% | +$1.35M |
|
|
XLNX
1387
DELISTED
Xilinx Inc
XLNX
| $4.63M | ﹤0.01% |
32,038
+7,355
| +30% | +$935K |
|
1388
Cognizant
CTSH
$25.2B
| $4.63M | ﹤0.01% |
66,888
-1,233
| -2% | -$91.8K |
|
1389
AdvisorShares Pure Cannabis ETF
YOLO
$28.8M
| $4.63M | ﹤0.01% |
219,483
-280,962
| -56% | -$5.91M |
|
|
PFN
1390
PIMCO Income Strategy Fund II
PFN
$695M
| $4.62M | ﹤0.01% |
421,124
+91
| +0% | +$965 |
|
1391
Albemarle
ALB
$13.4B
| $4.61M | ﹤0.01% |
27,369
-2,059
| -7% | -$332K |
|
1392
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$552M
| $4.61M | ﹤0.01% |
137,610
+29,455
| +27% | +$959K |
|
1393
Darden Restaurants
DRI
$24.3B
| $4.6M | ﹤0.01% |
31,524
-882
| -3% | -$124K |
|
1394
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.35B
| $4.6M | ﹤0.01% |
209,738
+74,106
| +55% | +$1.61M |
|
1395
Invesco International Dividend Achievers ETF
PID
$936M
| $4.59M | ﹤0.01% |
259,764
+21,963
| +9% | +$388K |
|
|
FINS
1396
Angel Oak Financial Strategies Income Term Trust
FINS
$416M
| $4.58M | ﹤0.01% |
254,543
+21,255
| +9% | +$384K |
|
1397
HCM Defender 500 Index ETF
LGH
$556M
| $4.58M | ﹤0.01% |
114,398
+1,863
| +2% | +$71.5K |
|
1398
iShares Residential and Multisector Real Estate ETF
REZ
$906M
| $4.57M | ﹤0.01% |
54,881
+5,558
| +11% | +$445K |
|
1399
Fidelity Value Factor ETF
FVAL
$1.29B
| $4.57M | ﹤0.01% |
95,150
+26,655
| +39% | +$1.26M |
|
1400
Collegium Pharmaceutical
COLL
$1.18B
| $4.57M | ﹤0.01% |
193,374
-1,961
| -1% | -$45.3K |
|
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.