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 | |
|---|---|---|---|---|---|---|
2426
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$389M
| $1.19M | ﹤0.01% |
20,033
-3,394
| -14% | -$200K |
|
2427
Clean Energy Fuels
CLNE
$427M
| $1.19M | ﹤0.01% |
116,955
+55,536
| +90% | +$573K |
|
|
XHR
2428
Xenia Hotels & Resorts
XHR
$1.9B
| $1.19M | ﹤0.01% |
63,266
-3,391
| -5% | -$65.4K |
|
2429
Nuveen California Municipal Value Fund
NCA
$297M
| $1.18M | ﹤0.01% |
110,618
+22,153
| +25% | +$231K |
|
2430
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$271M
| $1.18M | ﹤0.01% |
19,990
+6,035
| +43% | +$352K |
|
2431
VanEck Pharmaceutical ETF
PPH
$959M
| $1.18M | ﹤0.01% |
16,180
+2,875
| +22% | +$205K |
|
|
SGI
2432
Somnigroup International
SGI
$13.7B
| $1.18M | ﹤0.01% |
30,165
+1,037
| +4% | +$39.7K |
|
2433
Bentley Systems
BSY
$10.8B
| $1.18M | ﹤0.01% |
18,220
+4,536
| +33% | +$249K |
|
2434
Brookfield Renewable
BEP
$9.97B
| $1.18M | ﹤0.01% |
30,526
-8,825
| -22% | -$349K |
|
2435
Kinsale Capital Group
KNSL
$8.12B
| $1.18M | ﹤0.01% |
7,135
+242
| +4% | +$39.9K |
|
2436
Novanta
NOVT
$5.08B
| $1.17M | ﹤0.01% |
8,712
+535
| +7% | +$72K |
|
2437
Perrigo
PRGO
$1.4B
| $1.17M | ﹤0.01% |
25,598
+1,442
| +6% | +$63.9K |
|
2438
Lithia Motors
LAD
$8.47B
| $1.17M | ﹤0.01% |
3,409
-172
| -5% | -$62.2K |
|
|
IBHA
2439
DELISTED
iShares iBonds 2021 Term High Yield and Income ETF
IBHA
| $1.17M | ﹤0.01% |
48,270
+712
| +1% | +$17.2K |
|
2440
WD-40
WDFC
$3.05B
| $1.17M | ﹤0.01% |
4,557
+953
| +26% | +$244K |
|
2441
GoPro
GPRO
$130M
| $1.17M | ﹤0.01% |
100,202
+69,292
| +224% | +$782K |
|
|
DCP
2442
DELISTED
DCP Midstream, LP
DCP
| $1.17M | ﹤0.01% |
38,015
+170
| +0.4% | +$4.39K |
|
|
XRN
2443
Chiron Real Estate Inc
XRN
$514M
| $1.16M | ﹤0.01% |
15,771
+2,096
| +15% | +$152K |
|
2444
Ouster
OUST
$2.63B
| $1.16M | ﹤0.01% |
9,308
+159
| +2% | +$17K |
|
2445
Saic
SAIC
$4.95B
| $1.16M | ﹤0.01% |
13,198
+241
| +2% | +$21.5K |
|
2446
GraniteShares Nasdaq Select Disruptors ETF
DRUP
$48.6M
| $1.16M | ﹤0.01% |
28,396
-7,635
| -21% | -$297K |
|
2447
Genius Sports
GENI
$1.85B
| $1.16M | ﹤0.01% |
+61,533
| New | +$1.22M |
|
|
JRO
2448
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $1.16M | ﹤0.01% |
118,316
+27,479
| +30% | +$262K |
|
2449
Leidos
LDOS
$14.5B
| $1.15M | ﹤0.01% |
11,382
+2,940
| +35% | +$302K |
|
2450
VanEck Uranium + Nuclear Energy ETF
NLR
$3.82B
| $1.15M | ﹤0.01% |
21,935
+8,692
| +66% | +$469K |
|
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.