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 | |
|---|---|---|---|---|---|---|
2176
Invesco Golden Dragon China ETF
PGJ
$98.3M
| $1.56M | ﹤0.01% |
25,553
-5,379
| -17% | -$327K |
|
|
WEA
2177
Western Asset Premier Bond Fund
WEA
$123M
| $1.56M | ﹤0.01% |
106,312
+14,643
| +16% | +$210K |
|
2178
iShares MSCI BIC ETF
BKF
$77.8M
| $1.56M | ﹤0.01% |
28,609
-573
| -2% | -$30.6K |
|
2179
First American
FAF
$7.68B
| $1.56M | ﹤0.01% |
24,995
+692
| +3% | +$44K |
|
2180
iShares International Developed Real Estate ETF
IFGL
$82.7M
| $1.56M | ﹤0.01% |
53,176
-450
| -0.8% | -$13.2K |
|
2181
Nuveen ESG Mid-Cap Value ETF
NUMV
$445M
| $1.56M | ﹤0.01% |
42,966
+10,442
| +32% | +$379K |
|
|
FEI
2182
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.56M | ﹤0.01% |
196,870
+30,723
| +18% | +$234K |
|
2183
Brown-Forman Class A
BF.A
$13.4B
| $1.55M | ﹤0.01% |
22,045
-4
| -0% | -$285 |
|
|
AGNT
2184
AGNT Inc
AGNT
$654M
| $1.55M | ﹤0.01% |
39,995
-1,711
| -4% | -$59K |
|
|
Y
2185
DELISTED
Alleghany Corp
Y
| $1.55M | ﹤0.01% |
2,325
+330
| +17% | +$227K |
|
2186
Amplify Lithium & Battery Technology ETF
BATT
$115M
| $1.55M | ﹤0.01% |
86,173
+66,346
| +335% | +$1.08M |
|
2187
Armstrong World Industries
AWI
$7.35B
| $1.55M | ﹤0.01% |
14,435
-92
| -0.6% | -$9.47K |
|
|
BLDP
2188
Ballard Power Systems
BLDP
$805M
| $1.55M | ﹤0.01% |
85,419
+44,240
| +107% | +$823K |
|
2189
Celsius Holdings
CELH
$7.43B
| $1.55M | ﹤0.01% |
60,999
-3,930
| -6% | -$80.1K |
|
2190
Playboy Inc
PLBY
$128M
| $1.55M | ﹤0.01% |
+39,748
| New | +$1.67M |
|
2191
Seres Therapeutics
MCRB
$46.4M
| $1.54M | ﹤0.01% |
3,235
-8
| -0.2% | -$3.38K |
|
2192
BlackRock Enhanced Captial and Income Fund
CII
$980M
| $1.54M | ﹤0.01% |
74,769
+10,971
| +17% | +$223K |
|
2193
Equity Lifestyle Properties
ELS
$12.6B
| $1.54M | ﹤0.01% |
20,680
+5,533
| +37% | +$391K |
|
2194
Ferguson
FERG
$45.3B
| $1.53M | ﹤0.01% |
10,973
+497
| +5% | +$66K |
|
|
IGD
2195
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$514M
| $1.53M | ﹤0.01% |
256,779
-6,410
| -2% | -$37.9K |
|
2196
Nuveen Core Equity Alpha Fund
JCE
$279M
| $1.53M | ﹤0.01% |
92,989
-42,528
| -31% | -$683K |
|
2197
Fidelity Low Duration Bond Factor ETF
FLDR
$1.97B
| $1.52M | ﹤0.01% |
29,969
-42,422
| -59% | -$2.15M |
|
2198
First Industrial Realty Trust
FR
$8.69B
| $1.52M | ﹤0.01% |
29,149
+1,343
| +5% | +$67.5K |
|
2199
Boston Properties
BXP
$11.3B
| $1.52M | ﹤0.01% |
13,256
+110
| +0.8% | +$12.3K |
|
2200
Ericsson
ERIC
$32.2B
| $1.52M | ﹤0.01% |
120,665
-23,838
| -16% | -$319K |
|
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.