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 | |
|---|---|---|---|---|---|---|
1601
Fidelity MSCI Industrials Index ETF
FIDU
$2.26B
| $3.49M | ﹤0.01% |
64,292
+21,198
| +49% | +$1.15M |
|
1602
Acadia Healthcare
ACHC
$2.55B
| $3.49M | ﹤0.01% |
55,551
+5,424
| +11% | +$340K |
|
1603
Kornit Digital
KRNT
$677M
| $3.47M | ﹤0.01% |
27,940
+18,699
| +202% | +$1.97M |
|
1604
Manulife Financial
MFC
$73B
| $3.47M | ﹤0.01% |
176,347
+21,027
| +14% | +$440K |
|
1605
Red Rock Resorts
RRR
$3.84B
| $3.47M | ﹤0.01% |
81,752
+21,671
| +36% | +$857K |
|
1606
American Century Diversified Corporate Bond ETF
KORP
$869M
| $3.47M | ﹤0.01% |
66,084
+8,479
| +15% | +$443K |
|
|
IBHB
1607
DELISTED
iShares iBonds 2022 Term High Yield and Income ETF
IBHB
| $3.47M | ﹤0.01% |
142,956
+124,134
| +660% | +$3.01M |
|
|
GENZ
1608
VanEck Digital Native Economy ETF
GENZ
$17.4M
| $3.46M | ﹤0.01% |
65,232
+20,113
| +45% | +$1.09M |
|
1609
Hyatt Hotels
H
$17.5B
| $3.46M | ﹤0.01% |
44,602
+23,575
| +112% | +$1.91M |
|
1610
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$642M
| $3.44M | ﹤0.01% |
56,085
-1,544
| -3% | -$90.4K |
|
1611
STMicroelectronics
STM
$43.1B
| $3.43M | ﹤0.01% |
94,391
+2,364
| +3% | +$88.4K |
|
1612
Global X S&P 500 Catholic Values ETF
CATH
$1.26B
| $3.42M | ﹤0.01% |
64,018
+25,337
| +66% | +$1.32M |
|
|
DEX
1613
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $3.42M | ﹤0.01% |
318,531
+16,266
| +5% | +$167K |
|
1614
Hovnanian Enterprises
HOV
$779M
| $3.4M | ﹤0.01% |
32,039
-14,510
| -31% | -$1.69M |
|
1615
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.3M
| $3.4M | ﹤0.01% |
102,001
+2,181
| +2% | +$74.1K |
|
|
NBIS
1616
Nebius Group N.V.
NBIS
$37.6B
| $3.4M | ﹤0.01% |
48,008
+5,212
| +12% | +$342K |
|
1617
Marathon Digital Holdings
MARA
$3.83B
| $3.4M | ﹤0.01% |
108,228
+9,614
| +10% | +$305K |
|
1618
BlackRock Science and Technology Term Trust
BSTZ
$1.83B
| $3.39M | ﹤0.01% |
81,373
+2,635
| +3% | +$99.9K |
|
1619
Extra Space Storage
EXR
$32.3B
| $3.39M | ﹤0.01% |
20,717
+4,791
| +30% | +$718K |
|
|
MNDT
1620
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $3.39M | ﹤0.01% |
167,689
+5,676
| +4% | +$116K |
|
|
DRE
1621
DELISTED
Duke Realty Corp.
DRE
| $3.39M | ﹤0.01% |
71,527
+1,755
| +3% | +$81K |
|
1622
B&G Foods
BGS
$303M
| $3.38M | ﹤0.01% |
102,964
+26,390
| +34% | +$813K |
|
1623
BorgWarner
BWA
$12.8B
| $3.37M | ﹤0.01% |
78,745
+8,122
| +12% | +$358K |
|
1624
Fidelity International High Dividend ETF
FIDI
$360M
| $3.34M | ﹤0.01% |
161,872
+117,241
| +263% | +$2.47M |
|
1625
Carlyle Group
CG
$16.1B
| $3.33M | ﹤0.01% |
71,689
+3,853
| +6% | +$164K |
|
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.