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 | |
|---|---|---|---|---|---|---|
1701
Crane NXT
CXT
$2.97B
| $2.93M | ﹤0.01% |
91,356
-6,884
| -7% | -$225K |
|
1702
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$460M
| $2.93M | ﹤0.01% |
80,635
+39,531
| +96% | +$1.45M |
|
|
AVK
1703
Advent Convertible and Income Fund
AVK
$543M
| $2.91M | ﹤0.01% |
154,930
-866
| -0.6% | -$15.8K |
|
1704
First Trust Dividend Strength ETF
FTDS
$38.6M
| $2.9M | ﹤0.01% |
60,765
+7,473
| +14% | +$355K |
|
1705
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$143M
| $2.89M | ﹤0.01% |
53,298
-3,369
| -6% | -$178K |
|
1706
Compass Minerals
CMP
$1.25B
| $2.89M | ﹤0.01% |
48,807
+11,706
| +32% | +$777K |
|
1707
WisdomTree International Equity Fund
DWM
$681M
| $2.89M | ﹤0.01% |
53,040
+1,005
| +2% | +$55.3K |
|
1708
Teradata
TDC
$2.88B
| $2.89M | ﹤0.01% |
57,807
+19,722
| +52% | +$897K |
|
1709
Hartford Financial Services
HIG
$39.2B
| $2.89M | ﹤0.01% |
46,574
+13,649
| +41% | +$894K |
|
1710
Global X Video Games & Esports ETF
HERO
$66.8M
| $2.88M | ﹤0.01% |
89,145
-12,694
| -12% | -$407K |
|
|
IPG
1711
DELISTED
Interpublic Group of Companies
IPG
| $2.88M | ﹤0.01% |
88,557
+11,780
| +15% | +$377K |
|
1712
CDW
CDW
$18.6B
| $2.87M | ﹤0.01% |
16,420
+573
| +4% | +$98.7K |
|
|
RESP
1713
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $2.86M | ﹤0.01% |
61,153
+7,039
| +13% | +$323K |
|
1714
Power Integrations
POWI
$3.39B
| $2.85M | ﹤0.01% |
34,730
+3,341
| +11% | +$270K |
|
1715
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $2.85M | ﹤0.01% |
105,720
+73
| +0.1% | +$1.96K |
|
|
STZ.B
1716
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.84M | ﹤0.01% |
12,090
| – | – |
|
1717
Fidelity Corporate Bond ETF
FCOR
$352M
| $2.84M | ﹤0.01% |
51,029
+4,086
| +9% | +$225K |
|
|
ARI
1718
Apollo Commercial Real Estate
ARI
$851M
| $2.83M | ﹤0.01% |
177,739
+17,027
| +11% | +$263K |
|
1719
VanEck Environmental Services ETF
EVX
$99.3M
| $2.83M | ﹤0.01% |
100,160
+82,755
| +475% | +$2.32M |
|
1720
Nokia
NOK
$50.7B
| $2.83M | ﹤0.01% |
532,346
+51,023
| +11% | +$246K |
|
1721
Gladstone Capital
GLAD
$426M
| $2.83M | ﹤0.01% |
123,720
+1,952
| +2% | +$43.1K |
|
1722
BlackRock Debt Strategies Fund
DSU
$591M
| $2.83M | ﹤0.01% |
246,922
+12,510
| +5% | +$140K |
|
|
P
1723
Everpure Inc
P
$25B
| $2.82M | ﹤0.01% |
144,575
-5,411
| -4% | -$106K |
|
1724
Dolby
DLB
$4.9B
| $2.82M | ﹤0.01% |
28,694
+2,989
| +12% | +$295K |
|
|
PDT
1725
John Hancock Premium Dividend Fund
PDT
$636M
| $2.82M | ﹤0.01% |
166,437
-2,476
| -1% | -$40.2K |
|
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.