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 | |
|---|---|---|---|---|---|---|
1426
State Street US Sector Rotation ETF
XLSR
$983M
| $4.45M | ﹤0.01% |
100,300
+29,258
| +41% | +$1.27M |
|
|
CIK
1427
Credit Suisse Asset Management Income Fund
CIK
$134M
| $4.45M | ﹤0.01% |
1,263,568
+8,402
| +0.7% | +$29.3K |
|
|
IBMJ
1428
DELISTED
iShares iBonds Dec 2021 Term Muni Bond ETF
IBMJ
| $4.45M | ﹤0.01% |
173,488
-17,129
| -9% | -$440K |
|
|
GRMN
1429
Garmin
GRMN
$56.9B
| $4.44M | ﹤0.01% |
30,696
+970
| +3% | +$136K |
|
1430
iShares US Pharmaceuticals ETF
IHE
$1.49B
| $4.44M | ﹤0.01% |
71,658
-5,802
| -7% | -$353K |
|
1431
iShares Self-Driving EV and Tech ETF
IDRV
$124M
| $4.42M | ﹤0.01% |
88,980
+9,568
| +12% | +$456K |
|
1432
Pool Corp
POOL
$7.05B
| $4.41M | ﹤0.01% |
9,615
+4,739
| +97% | +$2M |
|
1433
Vale
VALE
$62.3B
| $4.41M | ﹤0.01% |
193,151
+109,915
| +132% | +$2.3M |
|
1434
State Street SPDR S&P Pharmaceuticals ETF
XPH
$481M
| $4.4M | ﹤0.01% |
85,025
-1,982
| -2% | -$99.5K |
|
1435
Global Payments
GPN
$24.1B
| $4.4M | ﹤0.01% |
23,464
+4,303
| +22% | +$866K |
|
1436
iShares BB Rated Corporate Bond ETF
HYBB
$410M
| $4.4M | ﹤0.01% |
83,989
+3,798
| +5% | +$197K |
|
1437
Ameren
AEE
$30.4B
| $4.4M | ﹤0.01% |
54,948
+3,000
| +6% | +$251K |
|
1438
United States Copper Index Fund
CPER
$742M
| $4.4M | ﹤0.01% |
167,635
+25,127
| +18% | +$682K |
|
|
SPR
1439
DELISTED
Spirit AeroSystems
SPR
| $4.4M | ﹤0.01% |
93,150
+4,573
| +5% | +$216K |
|
1440
Citizens Financial Group
CFG
$30.1B
| $4.39M | ﹤0.01% |
95,742
+31,819
| +50% | +$1.5M |
|
|
SWAV
1441
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $4.39M | ﹤0.01% |
23,140
+981
| +4% | +$161K |
|
1442
Reaves Utility Income Fund
UTG
$3.47B
| $4.39M | ﹤0.01% |
127,871
+18,458
| +17% | +$640K |
|
1443
Avery Dennison
AVY
$12.8B
| $4.38M | ﹤0.01% |
20,816
+476
| +2% | +$100K |
|
1444
Cambria Shareholder Yield ETF
SYLD
$1B
| $4.35M | ﹤0.01% |
67,993
-6,757
| -9% | -$432K |
|
1445
Invesco Next Gen Media and Gaming ETF
GGME
$44.7M
| $4.35M | ﹤0.01% |
77,222
+49,420
| +178% | +$2.61M |
|
1446
Vanguard US Value Factor ETF
VFVA
$905M
| $4.34M | ﹤0.01% |
43,538
+31,158
| +252% | +$3.1M |
|
1447
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $4.34M | ﹤0.01% |
156,616
-163
| -0.1% | -$4.45K |
|
1448
Alcoa
AA
$11.3B
| $4.34M | ﹤0.01% |
117,742
+60,778
| +107% | +$2.21M |
|
1449
Church & Dwight Co
CHD
$23.7B
| $4.33M | ﹤0.01% |
50,867
-6,568
| -11% | -$568K |
|
1450
Fulgent Genetics
FLGT
$558M
| $4.33M | ﹤0.01% |
46,919
-9,452
| -17% | -$755K |
|
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.