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 US Treasury Bond ETF
GOVT
|
+$111M |
| 2 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$105M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$89.7M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$85.9M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$60.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$136M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$44.3M |
| 3 |
WisdomTree US Total Dividend Fund
DTD
|
+$36.3M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$35.2M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$33.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.59% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.32% |
| 4 | Consumer Discretionary | 2.14% |
| 5 | Industrials | 2.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $318K | ﹤0.01% |
+12,670
| New | +$315K |
|
2652
Ambev
ABEV
$48.4B
| $317K | ﹤0.01% |
67,825
+1,878
| +3% | +$8.41K |
|
2653
BJs Wholesale Club
BJ
$12.4B
| $317K | ﹤0.01% |
11,990
-2,240
| -16% | -$59.6K |
|
|
ETB
2654
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$450M
| $317K | ﹤0.01% |
20,272
+65
| +0.3% | +$1.02K |
|
2655
Fidelity Corporate Bond ETF
FCOR
$354M
| $317K | ﹤0.01% |
6,126
+1,496
| +32% | +$75.6K |
|
2656
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$632M
| $317K | ﹤0.01% |
13,192
-5,198
| -28% | -$123K |
|
2657
IDEX
IEX
$16.6B
| $316K | ﹤0.01% |
1,834
-204
| -10% | -$32K |
|
2658
Cinemark Holdings
CNK
$4.09B
| $315K | ﹤0.01% |
8,735
+831
| +11% | +$32.8K |
|
2659
National Vision
EYE
$1.75B
| $315K | ﹤0.01% |
10,247
+1,068
| +12% | +$30.6K |
|
|
GDO
2660
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77M
| $315K | ﹤0.01% |
18,379
+2,402
| +15% | +$40.3K |
|
2661
Renaissance IPO ETF
IPO
$154M
| $315K | ﹤0.01% |
+9,983
| New | +$308K |
|
2662
Moog Inc Class B
MOG.B
$13.6B
| $315K | ﹤0.01% |
3,390
| – | – |
|
2663
NRG Energy
NRG
$26.9B
| $315K | ﹤0.01% |
8,974
-4,559
| -34% | -$172K |
|
|
LTHM
2664
DELISTED
Livent Corporation
LTHM
| $315K | ﹤0.01% |
45,553
-7,445
| -14% | -$66.9K |
|
2665
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.95B
| $314K | ﹤0.01% |
11,144
+1,582
| +17% | +$42K |
|
2666
AngloGold Ashanti
AU
$39.9B
| $313K | ﹤0.01% |
17,562
-8,543
| -33% | -$115K |
|
2667
Fulton Financial
FULT
$4.73B
| $313K | ﹤0.01% |
19,146
-1,313
| -6% | -$21.6K |
|
|
HI
2668
DELISTED
Hillenbrand
HI
| $313K | ﹤0.01% |
7,907
-964
| -11% | -$38.7K |
|
2669
Amphastar Pharmaceuticals
AMPH
$888M
| $312K | ﹤0.01% |
+14,773
| New | +$309K |
|
|
SKX
2670
DELISTED
Skechers
SKX
| $312K | ﹤0.01% |
9,924
-3,641
| -27% | -$112K |
|
2671
Applied Industrial Technologies
AIT
$12.9B
| $311K | ﹤0.01% |
5,094
+263
| +5% | +$15.4K |
|
2672
Bank of Hawaii
BOH
$3.17B
| $311K | ﹤0.01% |
3,749
-157
| -4% | -$12.6K |
|
|
CTRA
2673
DELISTED
Coterra Energy
CTRA
| $311K | ﹤0.01% |
13,543
-3,312
| -20% | -$84.3K |
|
2674
United Bankshares
UBSI
$6.71B
| $310K | ﹤0.01% |
8,358
+435
| +5% | +$16.3K |
|
2675
Bally's
BALY
$720M
| $309K | ﹤0.01% |
+10,393
| New | +$324K |
|
Similar funds
LPL Financial's Q2 2019 Portfolio in Review
As of Q2 2019, LPL Financial held 3,409 positions worth $46.9B, up 6.6% from $44B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $1.68B of net new capital in Q2 2019, opening 226 new positions and adding to 1,714 existing holdings. Its largest new stake was Dow Inc: 187,402 shares worth $9.24M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Bond Market, an estimated $136M trimmed.
- LPL Financial's largest Q2 2019 buy was Dow Inc: 187,402 shares worth $9.24M.
- LPL Financial added most to iShares US Treasury Bond ETF in Q2 2019, an estimated $111M increase.
- LPL Financial's biggest Q2 2019 reduction was Vanguard Total Bond Market, cutting an estimated $136M.
- LPL Financial fully exited WBI BullBear Global High Income ETF in Q2 2019, selling an estimated $18.5M.
- LPL Financial's ten largest holdings make up 23% of its $46.9B portfolio in Q2 2019.
- LPL Financial opened 226 new positions and closed 134 in Q2 2019.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $46.9B.
Based on LPL Financial's 13F filing for Q2 2019, filed 9 Aug 2019.