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 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$617M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$390M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$371M |
| 4 |
Vanguard Total Bond Market
BND
|
+$201M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Stock Market ETF
VTI
|
+$577M |
| 2 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$267M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$166M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$138M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.62% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.2% |
| 4 | Industrials | 2.09% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GLOP
2576
DELISTED
GASLOG PARTNERS LP
GLOP
| $339K | ﹤0.01% |
17,853
+985
| +6% | +$19.7K |
|
|
EEB
2577
DELISTED
Invesco BRIC ETF
EEB
| $339K | ﹤0.01% |
9,676
+335
| +4% | +$12K |
|
2578
InfraCap REIT Preferred ETF
PFFR
$119M
| $338K | ﹤0.01% |
+13,380
| New | +$335K |
|
|
GAP
2579
The Gap Inc
GAP
$7.3B
| $338K | ﹤0.01% |
19,472
-1,031
| -5% | -$18.3K |
|
2580
H.B. Fuller
FUL
$3B
| $337K | ﹤0.01% |
7,235
-33
| -0.5% | -$1.51K |
|
2581
SiteOne Landscape Supply
SITE
$4.16B
| $337K | ﹤0.01% |
4,557
+742
| +19% | +$54.5K |
|
2582
MKS Inc
MKSI
$17.4B
| $336K | ﹤0.01% |
3,643
-1,479
| -29% | -$122K |
|
|
GDVD
2583
DELISTED
Principal Active Global Dividend Income ETF
GDVD
| $335K | ﹤0.01% |
11,920
+3,058
| +35% | +$83.8K |
|
2584
Teleflex
TFX
$5.96B
| $334K | ﹤0.01% |
984
+60
| +6% | +$20.9K |
|
2585
BlackRock Multi-Sector Income Trust
BIT
$692M
| $332K | ﹤0.01% |
19,330
-39,636
| -67% | -$682K |
|
2586
Fastly Inc
FSLY
$3.24B
| $332K | ﹤0.01% |
+13,817
| New | +$325K |
|
2587
Genasys
GNSS
$76.5M
| $332K | ﹤0.01% |
99,179
+6,800
| +7% | +$24.8K |
|
2588
OceanFirst Financial
OCFC
$1.71B
| $332K | ﹤0.01% |
14,058
-1,393
| -9% | -$32.4K |
|
2589
ePlus
PLUS
$2.43B
| $332K | ﹤0.01% |
8,716
+1,928
| +28% | +$74.3K |
|
2590
Fidelity MSCI Materials Index ETF
FMAT
$587M
| $331K | ﹤0.01% |
10,226
-1,275
| -11% | -$40.9K |
|
2591
State Street SPDR S&P Global Infrastructure ETF
GII
$922M
| $331K | ﹤0.01% |
6,193
-137
| -2% | -$7.21K |
|
|
IPHI
2592
DELISTED
INPHI CORPORATION
IPHI
| $331K | ﹤0.01% |
5,424
+712
| +15% | +$43.4K |
|
|
BYM
2593
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $330K | ﹤0.01% |
23,312
+5,417
| +30% | +$76K |
|
|
LTHM
2594
DELISTED
Livent Corporation
LTHM
| $330K | ﹤0.01% |
49,390
+3,837
| +8% | +$25.8K |
|
|
PSXP
2595
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $330K | ﹤0.01% |
5,826
-4,214
| -42% | -$226K |
|
2596
Dycom Industries
DY
$11.2B
| $329K | ﹤0.01% |
6,444
+346
| +6% | +$17.5K |
|
2597
Golub Capital BDC
GBDC
$3.33B
| $329K | ﹤0.01% |
17,823
+116
| +0.7% | +$2.08K |
|
2598
Hovnanian Enterprises
HOV
$779M
| $329K | ﹤0.01% |
17,108
+1,549
| +10% | +$14.8K |
|
2599
Nexstar Media Group
NXST
$6.01B
| $329K | ﹤0.01% |
3,212
-461
| -13% | -$46.6K |
|
|
DMF
2600
DELISTED
BNY Mellon Municipal Income
DMF
| $328K | ﹤0.01% |
35,067
+1,409
| +4% | +$12.6K |
|
Similar funds
LPL Financial's Q3 2019 Portfolio in Review
As of Q3 2019, LPL Financial held 3,452 positions worth $49.1B, up 4.7% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $1.9B of net new capital in Q3 2019, opening 178 new positions and adding to 1,739 existing holdings. Its largest new stake was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Stock Market ETF, an estimated $577M trimmed.
- LPL Financial's largest Q3 2019 buy was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
- LPL Financial added most to iShares MSCI USA Quality Factor ETF in Q3 2019, an estimated $617M increase.
- LPL Financial's biggest Q3 2019 reduction was Vanguard Total Stock Market ETF, cutting an estimated $577M.
- LPL Financial fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $6.49M.
- LPL Financial's ten largest holdings make up 22% of its $49.1B portfolio in Q3 2019.
- LPL Financial opened 178 new positions and closed 166 in Q3 2019.
- LPL Financial's portfolio value rose 4.7% quarter-over-quarter to $49.1B.
Based on LPL Financial's 13F filing for Q3 2019, filed 13 Nov 2019.