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 | |
|---|---|---|---|---|---|---|
1501
Evergy
EVRG
$19.4B
| $3.97M | ﹤0.01% |
65,682
+2,836
| +5% | +$177K |
|
1502
Crocs
CROX
$6.63B
| $3.96M | ﹤0.01% |
33,987
+28,611
| +532% | +$2.82M |
|
1503
Commerce Bancshares
CBSH
$8.68B
| $3.96M | ﹤0.01% |
67,703
+2,629
| +4% | +$158K |
|
1504
CenterPoint Energy
CNP
$28.3B
| $3.95M | ﹤0.01% |
161,257
+23,711
| +17% | +$582K |
|
1505
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$407M
| $3.95M | ﹤0.01% |
85,070
+30,620
| +56% | +$1.44M |
|
1506
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$589M
| $3.95M | ﹤0.01% |
88,959
-215
| -0.2% | -$9.38K |
|
1507
Cerence
CRNC
$359M
| $3.95M | ﹤0.01% |
36,987
+6,214
| +20% | +$612K |
|
1508
LGI Homes
LGIH
$1.35B
| $3.94M | ﹤0.01% |
24,316
-755
| -3% | -$125K |
|
1509
Yeti Holdings
YETI
$3.87B
| $3.94M | ﹤0.01% |
42,872
+6,246
| +17% | +$542K |
|
1510
Innovator US Equity Buffer ETF April
BAPR
$401M
| $3.93M | ﹤0.01% |
123,950
-8,197
| -6% | -$254K |
|
|
RFI
1511
Cohen & Steers Total Return Realty Fund
RFI
$312M
| $3.92M | ﹤0.01% |
240,896
-2,192
| -0.9% | -$34.1K |
|
|
AIO
1512
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$839M
| $3.92M | ﹤0.01% |
141,432
+53,337
| +61% | +$1.45M |
|
1513
New Jersey Resources
NJR
$6B
| $3.92M | ﹤0.01% |
98,970
+1,387
| +1% | +$58.6K |
|
|
TRPA
1514
Hartford AAA CLO ETF
TRPA
$103M
| $3.9M | ﹤0.01% |
95,054
-3,955
| -4% | -$163K |
|
1515
Rambus
RMBS
$8.98B
| $3.9M | ﹤0.01% |
164,348
+4,881
| +3% | +$98.2K |
|
1516
Logitech
LOGI
$14.8B
| $3.89M | ﹤0.01% |
32,202
+7,825
| +32% | +$915K |
|
|
CONE
1517
DELISTED
CyrusOne Inc Common Stock
CONE
| $3.89M | ﹤0.01% |
54,433
+2,458
| +5% | +$179K |
|
1518
iShares Core MSCI International Developed Markets ETF
IDEV
$31.1B
| $3.88M | ﹤0.01% |
57,549
+8,108
| +16% | +$550K |
|
1519
Packaging Corp of America
PKG
$22.2B
| $3.88M | ﹤0.01% |
28,634
+1,202
| +4% | +$173K |
|
1520
CMS Energy
CMS
$23.3B
| $3.88M | ﹤0.01% |
65,629
+5,888
| +10% | +$366K |
|
1521
Bunge Global
BG
$20.9B
| $3.87M | ﹤0.01% |
49,502
+2,873
| +6% | +$243K |
|
1522
Nuveen Municipal Credit Income Fund
NZF
$2.41B
| $3.87M | ﹤0.01% |
224,729
-1,529
| -0.7% | -$25.6K |
|
1523
First Horizon
FHN
$12.2B
| $3.87M | ﹤0.01% |
223,802
+5,674
| +3% | +$103K |
|
1524
Macy's
M
$6.51B
| $3.87M | ﹤0.01% |
203,953
-3,499
| -2% | -$62.1K |
|
1525
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $3.86M | ﹤0.01% |
313,452
+16,966
| +6% | +$204K |
|
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.