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 | |
|---|---|---|---|---|---|---|
1526
EPAM Systems
EPAM
$5.58B
| $3.85M | ﹤0.01% |
7,538
+539
| +8% | +$253K |
|
1527
iShares GNMA Bond ETF
GNMA
$423M
| $3.85M | ﹤0.01% |
77,033
+1,526
| +2% | +$76.6K |
|
1528
Molina Healthcare
MOH
$10.4B
| $3.85M | ﹤0.01% |
15,222
+882
| +6% | +$222K |
|
1529
ProShares Online Retail ETF
ONLN
$63.5M
| $3.85M | ﹤0.01% |
47,568
+15,316
| +47% | +$1.2M |
|
1530
iShares Global Infrastructure ETF
IGF
$10.9B
| $3.84M | ﹤0.01% |
84,583
+13,530
| +19% | +$632K |
|
1531
Columbia Multi-Sector Municipal Income ETF
MUST
$593M
| $3.83M | ﹤0.01% |
169,585
+34,652
| +26% | +$780K |
|
1532
Dell
DELL
$239B
| $3.83M | ﹤0.01% |
75,844
+7,255
| +11% | +$364K |
|
1533
ArcelorMittal
MT
$49.5B
| $3.82M | ﹤0.01% |
123,091
+108,754
| +759% | +$3.37M |
|
1534
Carlisle Companies
CSL
$13.5B
| $3.82M | ﹤0.01% |
19,946
+16,466
| +473% | +$3.06M |
|
|
BKI
1535
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.81M | ﹤0.01% |
48,834
+63
| +0.1% | +$4.66K |
|
1536
NovoCure
NVCR
$1.77B
| $3.8M | ﹤0.01% |
17,130
-303
| -2% | -$58.9K |
|
1537
Chegg
CHGG
$116M
| $3.79M | ﹤0.01% |
45,648
+12,568
| +38% | +$1.04M |
|
1538
OGE Energy
OGE
$9.87B
| $3.79M | ﹤0.01% |
112,732
+6,797
| +6% | +$229K |
|
|
BLCN
1539
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $3.79M | ﹤0.01% |
79,770
+9,973
| +14% | +$477K |
|
1540
Lamb Weston
LW
$7.42B
| $3.79M | ﹤0.01% |
46,949
+70
| +0.1% | +$5.61K |
|
1541
abrdn Physical Palladium Shares ETF
PALL
$609M
| $3.79M | ﹤0.01% |
72,885
+3,505
| +5% | +$183K |
|
1542
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$237M
| $3.78M | ﹤0.01% |
81,144
-138,786
| -63% | -$6.32M |
|
1543
iShares Europe ETF
IEV
$1.64B
| $3.78M | ﹤0.01% |
70,887
+5,290
| +8% | +$284K |
|
1544
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $3.78M | ﹤0.01% |
46,696
+23,062
| +98% | +$1.89M |
|
1545
State Street SPDR S&P Health Care Services ETF
XHS
$208M
| $3.77M | ﹤0.01% |
33,020
+9,784
| +42% | +$1.09M |
|
|
PCN
1546
PIMCO Corporate & Income Strategy Fund
PCN
$864M
| $3.75M | ﹤0.01% |
200,476
-1,748
| -0.9% | -$31.8K |
|
|
FAM
1547
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $3.73M | ﹤0.01% |
364,042
+16,669
| +5% | +$168K |
|
1548
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.53B
| $3.72M | ﹤0.01% |
91,837
-362,124
| -80% | -$14.4M |
|
1549
SAP
SAP
$215B
| $3.72M | ﹤0.01% |
26,473
-522
| -2% | -$72.7K |
|
1550
nVent Electric
NVT
$21.6B
| $3.7M | ﹤0.01% |
118,558
+83,236
| +236% | +$2.57M |
|
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.