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 | |
|---|---|---|---|---|---|---|
|
USCR
2101
DELISTED
U S Concrete, Inc.
USCR
| $1.72M | ﹤0.01% |
23,253
-979
| -4% | -$63.4K |
|
2102
Thor Industries
THO
$3.95B
| $1.72M | ﹤0.01% |
15,175
+1,956
| +15% | +$249K |
|
|
FNI
2103
DELISTED
First Trust Chindia ETF
FNI
| $1.72M | ﹤0.01% |
27,467
-14,114
| -34% | -$859K |
|
2104
ProShares Short Russell2000
RWM
$132M
| $1.71M | ﹤0.01% |
81,778
+36,295
| +80% | +$781K |
|
2105
Harley-Davidson
HOG
$2.59B
| $1.71M | ﹤0.01% |
37,226
-1,484
| -4% | -$68.9K |
|
2106
Stem
STEM
$47.5M
| $1.71M | ﹤0.01% |
+2,369
| New | +$1.29M |
|
|
PDM
2107
Piedmont Realty Trust
PDM
$1.25B
| $1.71M | ﹤0.01% |
92,297
+8,693
| +10% | +$162K |
|
2108
Delek Logistics
DKL
$3.14B
| $1.7M | ﹤0.01% |
40,535
+11,053
| +37% | +$453K |
|
2109
LKQ Corp
LKQ
$5.76B
| $1.69M | ﹤0.01% |
34,393
-32
| -0.1% | -$1.53K |
|
|
HYLD
2110
DELISTED
High Yield ETF
HYLD
| $1.69M | ﹤0.01% |
52,031
+792
| +2% | +$25.7K |
|
2111
Exponent
EXPO
$3.13B
| $1.69M | ﹤0.01% |
18,967
+2,024
| +12% | +$190K |
|
|
BTO
2112
John Hancock Financial Opportunities Fund
BTO
$806M
| $1.69M | ﹤0.01% |
45,049
-275
| -0.6% | -$10.9K |
|
2113
VanEck International High Yield Bond ETF
IHY
$43.2M
| $1.69M | ﹤0.01% |
65,539
-4,792
| -7% | -$124K |
|
|
SRC
2114
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $1.69M | ﹤0.01% |
35,311
-1,574
| -4% | -$73.7K |
|
2115
Tortoise North American Pipeline ETF
TPYP
$872M
| $1.69M | ﹤0.01% |
74,934
+21,708
| +41% | +$478K |
|
2116
HEICO Corp
HEI
$49.5B
| $1.69M | ﹤0.01% |
12,096
-2,403
| -17% | -$332K |
|
|
ILPT
2117
Industrial Logistics Properties Trust
ILPT
$565M
| $1.68M | ﹤0.01% |
64,385
+8,715
| +16% | +$219K |
|
2118
CF Industries
CF
$19.3B
| $1.68M | ﹤0.01% |
32,680
+10,811
| +49% | +$549K |
|
2119
CryoPort
CYRX
$773M
| $1.68M | ﹤0.01% |
26,553
-40
| -0.2% | -$2.25K |
|
2120
Oceaneering
OII
$4.74B
| $1.67M | ﹤0.01% |
+107,340
| New | +$1.5M |
|
2121
Jones Lang LaSalle
JLL
$16.8B
| $1.67M | ﹤0.01% |
8,544
-190
| -2% | -$37.1K |
|
2122
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$29.1M
| $1.67M | ﹤0.01% |
16,900
+3,287
| +24% | +$322K |
|
2123
iShares Global Utilities ETF
JXI
$315M
| $1.66M | ﹤0.01% |
27,994
-678
| -2% | -$42K |
|
2124
Alphatec Holdings
ATEC
$1.49B
| $1.66M | ﹤0.01% |
108,475
+655
| +0.6% | +$10.1K |
|
|
IBMN
2125
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $1.66M | ﹤0.01% |
59,306
+2,050
| +4% | +$57.4K |
|
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.