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 | |
|---|---|---|---|---|---|---|
1676
Goodyear
GT
$2.04B
| $3.05M | ﹤0.01% |
177,965
+4,369
| +3% | +$80.5K |
|
1677
AMN Healthcare
AMN
$1.35B
| $3.05M | ﹤0.01% |
31,454
-2,204
| -7% | -$191K |
|
1678
TransUnion
TRU
$15.4B
| $3.04M | ﹤0.01% |
27,673
+20,213
| +271% | +$2.11M |
|
1679
Amplify AI Powered Equity ETF
AIEQ
$120M
| $3.03M | ﹤0.01% |
73,118
+18,709
| +34% | +$726K |
|
1680
Conagra Brands
CAG
$7.19B
| $3.03M | ﹤0.01% |
83,310
-857
| -1% | -$32.1K |
|
1681
Pultegroup
PHM
$24.5B
| $3.03M | ﹤0.01% |
55,516
-26,109
| -32% | -$1.46M |
|
1682
Hasbro
HAS
$13.4B
| $3.02M | ﹤0.01% |
31,896
+527
| +2% | +$50.6K |
|
1683
iShares International Equity Factor ETF
INTF
$3.65B
| $3.01M | ﹤0.01% |
100,174
-15,932
| -14% | -$483K |
|
1684
Fidelity High Dividend ETF
FDVV
$10.2B
| $3.01M | ﹤0.01% |
79,832
+3,579
| +5% | +$134K |
|
1685
Carvana
CVNA
$44B
| $3M | ﹤0.01% |
49,735
-6,190
| -11% | -$337K |
|
1686
WisdomTree Dynamic International Equity Fund
DDWM
$1.48B
| $3M | ﹤0.01% |
97,672
-4,934
| -5% | -$152K |
|
|
NHS
1687
Neuberger High Yield Strategies Fund Inc
NHS
$252M
| $2.99M | ﹤0.01% |
225,044
+4,313
| +2% | +$56.2K |
|
1688
Invesco Value Municipal Income Trust
IIM
$590M
| $2.98M | ﹤0.01% |
180,597
+4,475
| +3% | +$72.1K |
|
|
HPI
1689
John Hancock Preferred Income Fund
HPI
$428M
| $2.98M | ﹤0.01% |
137,824
+2,961
| +2% | +$62.1K |
|
1690
Invesco Food & Beverage ETF
PBJ
$110M
| $2.97M | ﹤0.01% |
70,864
+9,310
| +15% | +$391K |
|
1691
Invesco Biotechnology & Genome ETF
PBE
$286M
| $2.97M | ﹤0.01% |
38,383
+3,360
| +10% | +$250K |
|
|
CCD
1692
Calamos Dynamic Convertible & Income Fund
CCD
$698M
| $2.97M | ﹤0.01% |
95,180
+12,460
| +15% | +$398K |
|
|
SOLN
1693
DELISTED
The Southern Company
SOLN
| $2.97M | ﹤0.01% |
58,645
-800
| -1% | -$41.6K |
|
1694
UDR
UDR
$12.3B
| $2.97M | ﹤0.01% |
60,557
+10,341
| +21% | +$486K |
|
1695
Boyd Gaming
BYD
$6.47B
| $2.95M | ﹤0.01% |
47,951
+4,925
| +11% | +$311K |
|
1696
iShares New York Muni Bond ETF
NYF
$1.38B
| $2.95M | ﹤0.01% |
50,403
+3,159
| +7% | +$184K |
|
1697
iShares MSCI Canada ETF
EWC
$6.17B
| $2.94M | ﹤0.01% |
78,975
+10,036
| +15% | +$367K |
|
|
DOG
1698
ProShares Short Dow30
DOG
$110M
| $2.94M | ﹤0.01% |
86,308
-6,547
| -7% | -$227K |
|
1699
iShares International Dividend Growth ETF
IGRO
$1.31B
| $2.94M | ﹤0.01% |
43,563
+4,134
| +10% | +$281K |
|
1700
Diamondback Energy
FANG
$56.2B
| $2.94M | ﹤0.01% |
31,258
-25,508
| -45% | -$2.1M |
|
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.