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 | |
|---|---|---|---|---|---|---|
1776
Nuveen Preferred & Income Opportunities Fund
JPC
$2.88B
| $2.58M | ﹤0.01% |
258,936
-15,630
| -6% | -$152K |
|
1777
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$467M
| $2.58M | ﹤0.01% |
29,404
+267
| +0.9% | +$23.2K |
|
1778
Northern Trust
NTRS
$22.4B
| $2.58M | ﹤0.01% |
22,306
-168
| -0.7% | -$19.3K |
|
1779
Jack Henry & Associates
JKHY
$11B
| $2.58M | ﹤0.01% |
15,750
+278
| +2% | +$44.4K |
|
1780
WisdomTree Europe SmallCap Dividend Fund
DFE
$167M
| $2.57M | ﹤0.01% |
35,034
+8,864
| +34% | +$661K |
|
|
ACV
1781
Virtus Diversified Income & Convertible Fund
ACV
$277M
| $2.56M | ﹤0.01% |
73,896
+15,349
| +26% | +$509K |
|
1782
Franklin Short Duration US Government ETF
FTSD
$300M
| $2.56M | ﹤0.01% |
27,007
-3,167
| -10% | -$301K |
|
1783
Global X Aging Population ETF
AGNG
$88.3M
| $2.56M | ﹤0.01% |
83,670
+50,313
| +151% | +$1.47M |
|
1784
LeaderShares AlphaFactor US Core Equity ETF
LSAF
$124M
| $2.55M | ﹤0.01% |
77,894
+1,562
| +2% | +$50.7K |
|
1785
Healthpeak Properties
DOC
$15.2B
| $2.54M | ﹤0.01% |
76,312
+490
| +0.6% | +$16.4K |
|
1786
Cameco
CCJ
$38.4B
| $2.54M | ﹤0.01% |
132,283
+18,495
| +16% | +$349K |
|
|
CIM
1787
Chimera Investment
CIM
$1.06B
| $2.53M | ﹤0.01% |
56,082
+4,046
| +8% | +$168K |
|
|
TEI
1788
Templeton Emerging Markets Income Fund
TEI
$314M
| $2.53M | ﹤0.01% |
316,970
+87,305
| +38% | +$682K |
|
1789
Ferrari
RACE
$69.9B
| $2.52M | ﹤0.01% |
12,244
+9,259
| +310% | +$1.93M |
|
|
HTD
1790
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$915M
| $2.52M | ﹤0.01% |
101,249
+17,659
| +21% | +$432K |
|
1791
UBS Group
UBS
$175B
| $2.52M | ﹤0.01% |
164,373
+11,782
| +8% | +$186K |
|
|
JDD
1792
DELISTED
Nuveen Diversified Dividend and Income Fund
JDD
| $2.52M | ﹤0.01% |
242,436
+16,029
| +7% | +$163K |
|
1793
QuidelOrtho
QDEL
$1.13B
| $2.52M | ﹤0.01% |
19,638
-7,407
| -27% | -$872K |
|
|
SBNY
1794
DELISTED
Signature Bank
SBNY
| $2.51M | ﹤0.01% |
10,218
+1,698
| +20% | +$412K |
|
1795
Texas Pacific Land
TPL
$27.2B
| $2.51M | ﹤0.01% |
14,103
-3,456
| -20% | -$602K |
|
1796
PUT
Apple
AAPL
$4.9T
| $2.51M | ﹤0.01% |
18,300
+12,400
| +210% | +$1.61M |
|
1797
Dick's Sporting Goods
DKS
$17.9B
| $2.5M | ﹤0.01% |
24,998
+6,302
| +34% | +$565K |
|
1798
SolarEdge
SEDG
$2.54B
| $2.5M | ﹤0.01% |
9,044
-6,946
| -43% | -$1.75M |
|
1799
Global X Cybersecurity ETF
BUG
$1.26B
| $2.49M | ﹤0.01% |
86,422
+28,727
| +50% | +$781K |
|
|
FEN
1800
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $2.49M | ﹤0.01% |
171,441
+31,323
| +22% | +$446K |
|
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.