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 | |
|---|---|---|---|---|---|---|
1976
Invesco S&P SmallCap Information Technology ETF
PSCT
$493M
| $2M | ﹤0.01% |
41,874
-4,374
| -9% | -$200K |
|
|
IAA
1977
DELISTED
IAA, Inc. Common Stock
IAA
| $2M | ﹤0.01% |
36,699
-72
| -0.2% | -$4.14K |
|
|
PSXP
1978
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $2M | ﹤0.01% |
50,727
-8,155
| -14% | -$302K |
|
1979
Toll Brothers
TOL
$14B
| $2M | ﹤0.01% |
34,597
-530
| -2% | -$32.3K |
|
|
AIMC
1980
DELISTED
Altra Industrial Motion Corp
AIMC
| $2M | ﹤0.01% |
30,728
-599
| -2% | -$38.1K |
|
1981
Sprouts Farmers Market
SFM
$8.1B
| $2M | ﹤0.01% |
80,371
-4,344
| -5% | -$116K |
|
1982
Camping World
CWH
$400M
| $2M | ﹤0.01% |
48,687
+9,552
| +24% | +$395K |
|
1983
DaVita
DVA
$15.3B
| $2M | ﹤0.01% |
16,571
+4,651
| +39% | +$550K |
|
|
ATCO
1984
DELISTED
Atlas Corp.
ATCO
| $2M | ﹤0.01% |
140,057
+1,252
| +0.9% | +$17.4K |
|
|
COUP
1985
DELISTED
Coupa Software Incorporated
COUP
| $1.99M | ﹤0.01% |
7,603
-1,073
| -12% | -$266K |
|
1986
Virtus Biotech Clinical Trials ETF
BBC
$47.8M
| $1.99M | ﹤0.01% |
39,884
+533
| +1% | +$26.1K |
|
1987
Colterpoint Net Lease Real Estate ETF
NETL
$54.3M
| $1.99M | ﹤0.01% |
66,280
+17,101
| +35% | +$505K |
|
|
BKN
1988
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $1.98M | ﹤0.01% |
107,557
+34
| +0% | +$634 |
|
1989
NeoGenomics
NEO
$2.04B
| $1.98M | ﹤0.01% |
43,778
+2,028
| +5% | +$89.9K |
|
1990
Virtus Real Asset Income ETF
VRAI
$18.5M
| $1.98M | ﹤0.01% |
75,218
+16,234
| +28% | +$428K |
|
1991
Otter Tail
OTTR
$3.75B
| $1.98M | ﹤0.01% |
40,486
+1,563
| +4% | +$74.8K |
|
1992
Invesco Next Gen Connectivity ETF
KNCT
$153M
| $1.97M | ﹤0.01% |
21,735
+9,770
| +82% | +$845K |
|
1993
Nuveen ESG Emerging Markets Equity ETF
NUEM
$368M
| $1.97M | ﹤0.01% |
53,098
+5,337
| +11% | +$191K |
|
1994
First Majestic Silver
AG
$7.73B
| $1.97M | ﹤0.01% |
124,508
+6,896
| +6% | +$115K |
|
1995
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.66B
| $1.96M | ﹤0.01% |
91,107
+22,344
| +32% | +$480K |
|
|
ABMD
1996
DELISTED
Abiomed Inc
ABMD
| $1.96M | ﹤0.01% |
6,281
-170
| -3% | -$52.2K |
|
1997
Global X Gold Explorers ETF NEW
GOEX
$108M
| $1.95M | ﹤0.01% |
63,029
-14,293
| -18% | -$474K |
|
1998
Chemours
CC
$2.57B
| $1.94M | ﹤0.01% |
55,866
-440
| -0.8% | -$14.6K |
|
|
SHYF
1999
DELISTED
The Shyft Group
SHYF
| $1.94M | ﹤0.01% |
51,967
+475
| +0.9% | +$17.9K |
|
2000
Mid-America Apartment Communities
MAA
$15.5B
| $1.94M | ﹤0.01% |
11,532
+842
| +8% | +$134K |
|
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.