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 | |
|---|---|---|---|---|---|---|
1826
WisdomTree Global High Dividend Fund
DEW
$148M
| $2.39M | ﹤0.01% |
49,647
+9,627
| +24% | +$469K |
|
|
MMT
1827
Aberdeen Multi-Market Income Fund
MMT
$237M
| $2.38M | ﹤0.01% |
381,664
+78,365
| +26% | +$502K |
|
1828
WillScot Mobile Mini Holdings
WSC
$4.35B
| $2.38M | ﹤0.01% |
85,513
-3,313
| -4% | -$95.2K |
|
1829
Futu Holdings
FUTU
$14.5B
| $2.38M | ﹤0.01% |
13,283
+5,559
| +72% | +$808K |
|
1830
iShares US Telecommunications ETF
IYZ
$1.18B
| $2.38M | ﹤0.01% |
71,522
+1,255
| +2% | +$41.6K |
|
1831
RH
RH
$3.15B
| $2.37M | ﹤0.01% |
3,495
+1,665
| +91% | +$1.08M |
|
|
TRIL
1832
DELISTED
Trillium Therapeutics Inc.
TRIL
| $2.37M | ﹤0.01% |
244,473
+6,003
| +3% | +$56.5K |
|
1833
Gaming and Leisure Properties
GLPI
$12.7B
| $2.37M | ﹤0.01% |
51,153
+33,873
| +196% | +$1.56M |
|
1834
SPS Commerce
SPSC
$2.42B
| $2.37M | ﹤0.01% |
23,701
+537
| +2% | +$53.1K |
|
1835
WIX.com
WIX
$2.37B
| $2.37M | ﹤0.01% |
8,155
-637
| -7% | -$179K |
|
1836
Ionis Pharmaceuticals
IONS
$8.81B
| $2.37M | ﹤0.01% |
59,316
+4,033
| +7% | +$158K |
|
|
GERM
1837
DELISTED
Amplify Treatments, Testing and Advancements ETF
GERM
| $2.37M | ﹤0.01% |
59,125
+20,263
| +52% | +$756K |
|
1838
iShares MSCI Netherlands ETF
EWN
$577M
| $2.37M | ﹤0.01% |
48,819
+4,610
| +10% | +$224K |
|
1839
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.06B
| $2.36M | ﹤0.01% |
81,690
+47,934
| +142% | +$1.37M |
|
1840
Jazz Pharmaceuticals
JAZZ
$16.2B
| $2.36M | ﹤0.01% |
13,273
+6,064
| +84% | +$1.05M |
|
1841
Global X Adaptive US Risk Management ETF
ONOF
$137M
| $2.36M | ﹤0.01% |
+83,793
| New | +$2.29M |
|
1842
Crown Holdings
CCK
$12.9B
| $2.36M | ﹤0.01% |
23,054
+835
| +4% | +$88K |
|
1843
StoneCo
STNE
$2.78B
| $2.35M | ﹤0.01% |
35,025
-931
| -3% | -$60.4K |
|
|
HEAL
1844
Global X Funds Global X HealthTech ETF
HEAL
$28.5M
| $2.35M | ﹤0.01% |
40,519
-14,341
| -26% | -$815K |
|
|
IGR
1845
CBRE Global Real Estate Income Fund
IGR
$718M
| $2.34M | ﹤0.01% |
265,976
-683
| -0.3% | -$5.74K |
|
1846
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $2.34M | ﹤0.01% |
89,203
+9,846
| +12% | +$255K |
|
|
KIO
1847
KKR Income Opportunities Fund
KIO
$454M
| $2.34M | ﹤0.01% |
140,307
-2,664
| -2% | -$43.1K |
|
1848
State Street SPDR S&P Global Dividend ETF
WDIV
$280M
| $2.34M | ﹤0.01% |
34,373
+11,689
| +52% | +$807K |
|
|
UMPQ
1849
DELISTED
Umpqua Holdings Corp
UMPQ
| $2.34M | ﹤0.01% |
126,683
-231
| -0.2% | -$4.3K |
|
1850
Allegion
ALLE
$13.4B
| $2.33M | ﹤0.01% |
16,762
+1,595
| +11% | +$218K |
|
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.