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 | |
|---|---|---|---|---|---|---|
|
POWR
1576
iShares U.S. Power Infrastructure ETF
POWR
$427M
| $3.6M | ﹤0.01% |
211,643
+52,524
| +33% | +$867K |
|
1577
Defiance Quantum ETF
QTUM
$4.89B
| $3.6M | ﹤0.01% |
72,172
+40,312
| +127% | +$1.94M |
|
1578
Invesco S&P International Developed Quality ETF
IDHQ
$917M
| $3.6M | ﹤0.01% |
116,395
+1,045
| +0.9% | +$31.9K |
|
1579
Lucid Motors
LCID
$3.11B
| $3.59M | ﹤0.01% |
12,467
+3,896
| +45% | +$855K |
|
|
HBI
1580
DELISTED
Hanesbrands
HBI
| $3.59M | ﹤0.01% |
192,269
+41,394
| +27% | +$820K |
|
1581
Celanese
CE
$4.82B
| $3.58M | ﹤0.01% |
23,606
+434
| +2% | +$68.9K |
|
1582
Deckers Outdoor
DECK
$14.1B
| $3.56M | ﹤0.01% |
55,692
+31,944
| +135% | +$1.8M |
|
1583
Global X Russell 2000 Covered Call ETF
RYLD
$1.36B
| $3.56M | ﹤0.01% |
139,279
+85,388
| +158% | +$2.13M |
|
1584
Shake Shack
SHAK
$2.54B
| $3.56M | ﹤0.01% |
33,252
+18,089
| +119% | +$1.83M |
|
1585
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $3.56M | ﹤0.01% |
36,553
-917
| -2% | -$89.8K |
|
1586
Ubiquiti
UI
$31.6B
| $3.54M | ﹤0.01% |
11,354
+1,461
| +15% | +$428K |
|
1587
Wheaton Precious Metals
WPM
$49.7B
| $3.54M | ﹤0.01% |
80,252
-1,445
| -2% | -$64.3K |
|
|
EMD
1588
Western Asset Emerging Markets Debt Fund
EMD
$606M
| $3.53M | ﹤0.01% |
252,109
+15,388
| +7% | +$212K |
|
1589
Pacer American Energy Infrastructure ETF
USAI
$127M
| $3.52M | ﹤0.01% |
142,394
-4,992
| -3% | -$118K |
|
1590
Amplify Video Game Tech ETF
GAMR
$37.3M
| $3.52M | ﹤0.01% |
36,926
+1,073
| +3% | +$104K |
|
1591
Masco
MAS
$14.3B
| $3.52M | ﹤0.01% |
59,699
+454
| +0.8% | +$28K |
|
1592
Fidelity MSCI Financials Index ETF
FNCL
$2.37B
| $3.52M | ﹤0.01% |
67,150
+3,340
| +5% | +$175K |
|
1593
Essential Utilities
WTRG
$11.5B
| $3.51M | ﹤0.01% |
76,843
+5,781
| +8% | +$271K |
|
1594
Southern Copper
SCCO
$138B
| $3.51M | ﹤0.01% |
58,853
+19,312
| +49% | +$1.25M |
|
1595
iShares MSCI Spain ETF
EWP
$2.04B
| $3.51M | ﹤0.01% |
+123,417
| New | +$3.62M |
|
1596
Leggett & Platt
LEG
$1.4B
| $3.51M | ﹤0.01% |
67,685
+3,080
| +5% | +$160K |
|
1597
Avantis US Equity ETF
AVUS
$13.7B
| $3.5M | ﹤0.01% |
47,161
+42,308
| +872% | +$3.08M |
|
|
EOI
1598
Eaton Vance Enhanced Equity Income Fund
EOI
$789M
| $3.5M | ﹤0.01% |
188,468
-32,962
| -15% | -$590K |
|
1599
Hilton Grand Vacations
HGV
$4.04B
| $3.49M | ﹤0.01% |
84,416
-3,320
| -4% | -$144K |
|
|
BBBY
1600
Bed Bath & Beyond
BBBY
$479M
| $3.49M | ﹤0.01% |
41,663
-182
| -0.4% | -$13.2K |
|
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.