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
|
+$248M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$157M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$130M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$105M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$82.3M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$82.1M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$38.4M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$35.9M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.49% |
| 2 | Financials | 2.7% |
| 3 | Healthcare | 2.33% |
| 4 | Industrials | 2.12% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
CubeSmart
CUBE
$9.61B
| $286K | ﹤0.01% |
8,941
+928
| +12% | +$28.2K |
|
|
XEC
2677
DELISTED
CIMAREX ENERGY CO
XEC
| $286K | ﹤0.01% |
4,096
-401
| -9% | -$28.8K |
|
|
ALFA
2678
DELISTED
AlphaClone Alternative Alpha ETF
ALFA
| $286K | ﹤0.01% |
5,684
| – | – |
|
2679
Dycom Industries
DY
$11.2B
| $285K | ﹤0.01% |
6,210
+1,234
| +25% | +$67.6K |
|
2680
iShares MSCI Israel ETF
EIS
$863M
| $285K | ﹤0.01% |
5,272
-30
| -0.6% | -$1.6K |
|
|
OLP
2681
One Liberty Properties
OLP
$542M
| $285K | ﹤0.01% |
+9,833
| New | +$273K |
|
2682
iShares MSCI Global Sustainable Development Goals ETF
SDG
$168M
| $285K | ﹤0.01% |
4,836
-175
| -3% | -$9.98K |
|
|
EPAY
2683
DELISTED
Bottomline Technologies Inc
EPAY
| $285K | ﹤0.01% |
5,649
-91
| -2% | -$4.39K |
|
2684
Ambev
ABEV
$47.9B
| $284K | ﹤0.01% |
65,947
+6,361
| +11% | +$29.2K |
|
|
BPT
2685
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $284K | ﹤0.01% |
10,690
+763
| +8% | +$19.2K |
|
2686
Louisiana-Pacific
LPX
$5.14B
| $284K | ﹤0.01% |
11,659
-590
| -5% | -$14.4K |
|
2687
Rayonier
RYN
$6.67B
| $284K | ﹤0.01% |
9,935
-2,263
| -19% | -$60.4K |
|
|
TECD
2688
DELISTED
Tech Data Corp
TECD
| $284K | ﹤0.01% |
+2,774
| New | +$271K |
|
2689
BioCryst Pharmaceuticals
BCRX
$2.42B
| $283K | ﹤0.01% |
34,733
+1,600
| +5% | +$13.7K |
|
|
DMF
2690
DELISTED
BNY Mellon Municipal Income
DMF
| $283K | ﹤0.01% |
33,658
-3,900
| -10% | -$31.4K |
|
2691
Fox Class A
FOXA
$24.8B
| $283K | ﹤0.01% |
+7,719
| New | +$301K |
|
2692
GoPro
GPRO
$120M
| $283K | ﹤0.01% |
43,546
+1,953
| +5% | +$10.9K |
|
|
NXJ
2693
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $283K | ﹤0.01% |
20,452
-47
| -0.2% | -$629 |
|
|
SF
2694
Stifel
SF
$12.4B
| $283K | ﹤0.01% |
12,053
-1,094
| -8% | -$24.8K |
|
|
HONE
2695
DELISTED
HarborOne Bancorp
HONE
| $282K | ﹤0.01% |
29,438
| – | – |
|
2696
Qualys
QLYS
$4.76B
| $282K | ﹤0.01% |
3,410
+277
| +9% | +$23.1K |
|
2697
Sumitomo Mitsui Financial
SMFG
$159B
| $282K | ﹤0.01% |
40,121
-2,765
| -6% | -$19.8K |
|
|
INSI
2698
DELISTED
Insight Select Income Fund
INSI
| $282K | ﹤0.01% |
14,673
-376
| -2% | -$6.91K |
|
|
OXLC
2699
Oxford Lane Capital
OXLC
$862M
| $281K | ﹤0.01% |
5,710
-5,624
| -50% | -$284K |
|
2700
BRC Group Holdings
RILY
$264M
| $281K | ﹤0.01% |
16,827
+60
| +0.4% | +$956 |
|
Similar funds
LPL Financial's Q1 2019 Portfolio in Review
As of Q1 2019, LPL Financial held 3,299 positions worth $44B, up 17% from $37.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $2.2B of net new capital in Q1 2019, opening 230 new positions and adding to 1,809 existing holdings. Its largest new stake was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
By sector, the portfolio is most concentrated in Technology at 3.5% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, an estimated $82.3M trimmed.
- LPL Financial's largest Q1 2019 buy was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2019, an estimated $248M increase.
- LPL Financial's biggest Q1 2019 reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, cutting an estimated $82.3M.
- LPL Financial fully exited Invesco Russell 2000 Equal Weight ETF in Q1 2019, selling an estimated $6.56M.
- LPL Financial's ten largest holdings make up 24% of its $44B portfolio in Q1 2019.
- LPL Financial opened 230 new positions and closed 117 in Q1 2019.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $44B.
Based on LPL Financial's 13F filing for Q1 2019, filed 8 May 2019.