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 | |
|---|---|---|---|---|---|---|
2276
Vistra
VST
$50B
| $1.41M | ﹤0.01% |
75,816
-192,898
| -72% | -$3.33M |
|
2277
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$637M
| $1.41M | ﹤0.01% |
88,063
+96
| +0.1% | +$1.49K |
|
2278
Oshkosh
OSK
$8.79B
| $1.41M | ﹤0.01% |
11,276
-42
| -0.4% | -$5.31K |
|
2279
Invesco BulletShares 2027 Corporate Bond ETF
BSCR
$4.59B
| $1.4M | ﹤0.01% |
64,057
+9,625
| +18% | +$210K |
|
2280
Capri Holdings
CPRI
$1.83B
| $1.4M | ﹤0.01% |
24,552
+5,420
| +28% | +$295K |
|
|
UCTT
2281
Ultra Clean Holdings
UCTT
$3.73B
| $1.4M | ﹤0.01% |
25,997
+5,756
| +28% | +$308K |
|
2282
Darling Ingredients
DAR
$9.64B
| $1.4M | ﹤0.01% |
20,670
+2,680
| +15% | +$189K |
|
2283
Lennox International
LII
$14.4B
| $1.39M | ﹤0.01% |
3,974
+267
| +7% | +$90.1K |
|
|
RMT
2284
Royce Micro-Cap Trust
RMT
$728M
| $1.39M | ﹤0.01% |
112,318
+4,392
| +4% | +$52.5K |
|
2285
Gen Digital
GEN
$16.4B
| $1.39M | ﹤0.01% |
51,138
-16,938
| -25% | -$422K |
|
2286
Medpace
MEDP
$16.1B
| $1.39M | ﹤0.01% |
7,879
-1,348
| -15% | -$233K |
|
|
ACTV
2287
DELISTED
LeaderShares Activist Leaders ETF
ACTV
| $1.39M | ﹤0.01% |
35,790
+2,358
| +7% | +$89.4K |
|
2288
Diodes
DIOD
$3.78B
| $1.39M | ﹤0.01% |
17,439
+5,935
| +52% | +$456K |
|
2289
Fidelity Momentum Factor ETF
FDMO
$921M
| $1.39M | ﹤0.01% |
28,518
-6,360
| -18% | -$300K |
|
2290
Energy Recovery
ERII
$446M
| $1.39M | ﹤0.01% |
60,854
+16,353
| +37% | +$322K |
|
2291
InMode
INMD
$870M
| $1.39M | ﹤0.01% |
29,252
+3,528
| +14% | +$150K |
|
2292
VanEck Emerging Markets High Yield Bond ETF
HYEM
$523M
| $1.38M | ﹤0.01% |
57,908
+12,711
| +28% | +$302K |
|
2293
Axos Financial
AX
$5.77B
| $1.38M | ﹤0.01% |
29,793
-33,453
| -53% | -$1.56M |
|
2294
FlexShares International Quality Dividend Index Fund
IQDF
$1.15B
| $1.38M | ﹤0.01% |
52,042
-3,109
| -6% | -$83.1K |
|
2295
Workhorse Group
WKHS
$33.2M
| $1.38M | ﹤0.01% |
28
-12
| -30% | -$444K |
|
2296
NewtekOne
NEWT
$428M
| $1.38M | ﹤0.01% |
39,487
+21,580
| +121% | +$678K |
|
2297
Neurocrine Biosciences
NBIX
$16.8B
| $1.38M | ﹤0.01% |
14,163
+7,654
| +118% | +$734K |
|
2298
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$646M
| $1.38M | ﹤0.01% |
84,391
+34,842
| +70% | +$553K |
|
2299
Adams Diversified Equity Fund
ADX
$3.13B
| $1.37M | ﹤0.01% |
69,490
+22,648
| +48% | +$435K |
|
2300
Inspire Medical Systems
INSP
$1.45B
| $1.37M | ﹤0.01% |
7,104
+429
| +6% | +$85.1K |
|
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.