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 | |
|---|---|---|---|---|---|---|
|
GPM
1901
DELISTED
Guggenheim Enhanced Equity Income Fund
GPM
| $2.2M | ﹤0.01% |
255,354
-2,028
| -0.8% | -$16.8K |
|
1902
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1.02B
| $2.19M | ﹤0.01% |
40,303
-5,653
| -12% | -$306K |
|
|
AZPN
1903
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $2.19M | ﹤0.01% |
15,909
+1,629
| +11% | +$224K |
|
|
NS
1904
DELISTED
NuStar Energy L.P.
NS
| $2.19M | ﹤0.01% |
121,099
-1,749
| -1% | -$32.4K |
|
1905
AptarGroup
ATR
$8.54B
| $2.18M | ﹤0.01% |
15,499
+3,662
| +31% | +$540K |
|
1906
Vanguard ESG International Stock ETF
VSGX
$6.53B
| $2.18M | ﹤0.01% |
33,993
+9,142
| +37% | +$584K |
|
1907
Beam Therapeutics
BEAM
$2.73B
| $2.18M | ﹤0.01% |
16,922
+10,970
| +184% | +$874K |
|
1908
PagSeguro Digital
PAGS
$2.75B
| $2.17M | ﹤0.01% |
+38,844
| New | +$1.87M |
|
1909
EQT Corp
EQT
$33B
| $2.17M | ﹤0.01% |
97,502
+8,502
| +10% | +$172K |
|
1910
Arch Capital
ACGL
$34.5B
| $2.16M | ﹤0.01% |
55,538
+40,784
| +276% | +$1.61M |
|
1911
Korn Ferry
KFY
$4.18B
| $2.16M | ﹤0.01% |
29,811
+6,957
| +30% | +$463K |
|
1912
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$436M
| $2.16M | ﹤0.01% |
89,421
-2,620
| -3% | -$63.8K |
|
1913
Travel + Leisure Co
TNL
$4.61B
| $2.15M | ﹤0.01% |
36,222
+23,816
| +192% | +$1.51M |
|
|
NKLA
1914
DELISTED
Nikola Corporation Common Stock
NKLA
| $2.15M | ﹤0.01% |
3,974
+1,355
| +52% | +$565K |
|
|
LADR
1915
Ladder Capital
LADR
$1.23B
| $2.15M | ﹤0.01% |
186,165
-32,038
| -15% | -$376K |
|
|
PBEE
1916
DELISTED
Invesco PureBeta FTSE Emerging Markets ETF
PBEE
| $2.15M | ﹤0.01% |
69,972
+4,936
| +8% | +$148K |
|
1917
Ollie's Bargain Outlet
OLLI
$4.4B
| $2.15M | ﹤0.01% |
25,518
+6,823
| +36% | +$594K |
|
1918
Pacer Global Cash Cows Dividend ETF
GCOW
$3.43B
| $2.14M | ﹤0.01% |
68,055
+6,114
| +10% | +$194K |
|
1919
JetBlue
JBLU
$2.29B
| $2.14M | ﹤0.01% |
127,461
+3,131
| +3% | +$60.7K |
|
1920
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $2.14M | ﹤0.01% |
43,767
+27,715
| +173% | +$1.35M |
|
1921
Fortive
FTV
$17.7B
| $2.13M | ﹤0.01% |
40,622
+1,466
| +4% | +$79K |
|
|
WBND
1922
DELISTED
Western Asset Total Return ETF
WBND
| $2.13M | ﹤0.01% |
22,301
+486
| +2% | +$46.4K |
|
|
ZNGA
1923
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $2.13M | ﹤0.01% |
200,806
-156,760
| -44% | -$1.65M |
|
|
ALXN
1924
DELISTED
Alexion Pharmaceuticals
ALXN
| $2.13M | ﹤0.01% |
11,619
-8,415
| -42% | -$1.44M |
|
1925
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.22B
| $2.13M | ﹤0.01% |
58,603
-108,921
| -65% | -$3.89M |
|
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.