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 | |
|---|---|---|---|---|---|---|
2676
Dorman Products
DORM
$4.28B
| $309K | ﹤0.01% |
3,531
+169
| +5% | +$14.7K |
|
2677
Golub Capital BDC
GBDC
$3.38B
| $309K | ﹤0.01% |
17,707
+2,122
| +14% | +$37.2K |
|
2678
NBT Bancorp
NBTB
$2.79B
| $309K | ﹤0.01% |
8,238
+112
| +1% | +$4.16K |
|
2679
Olin
OLN
$2.44B
| $309K | ﹤0.01% |
14,111
-5,956
| -30% | -$133K |
|
|
GHII
2680
DELISTED
Invesco S&P High Income Infrastructure ETF
GHII
| $309K | ﹤0.01% |
11,581
-47
| -0.4% | -$1.24K |
|
|
HONE
2681
DELISTED
HarborOne Bancorp
HONE
| $307K | ﹤0.01% |
29,438
| – | – |
|
2682
Teleflex
TFX
$5.94B
| $306K | ﹤0.01% |
+924
| New | +$279K |
|
2683
Kadant
KAI
$3.72B
| $305K | ﹤0.01% |
3,359
-160
| -5% | -$14.4K |
|
2684
Pegasystems
PEGA
$4.85B
| $305K | ﹤0.01% |
8,564
+1,224
| +17% | +$43.6K |
|
2685
STAAR Surgical
STAA
$1.13B
| $305K | ﹤0.01% |
10,379
+2,939
| +40% | +$84.8K |
|
|
EVBG
2686
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $305K | ﹤0.01% |
3,416
-4,285
| -56% | -$338K |
|
2687
Extra Space Storage
EXR
$32.2B
| $304K | ﹤0.01% |
+2,864
| New | +$301K |
|
2688
Genasys
GNSS
$77M
| $304K | ﹤0.01% |
92,379
+300
| +0.3% | +$940 |
|
2689
Neurocrine Biosciences
NBIX
$18.4B
| $304K | ﹤0.01% |
3,602
-949
| -21% | -$77.9K |
|
2690
BlackRock Energy and Resources Trust
BGR
$406M
| $302K | ﹤0.01% |
25,314
-602
| -2% | -$7.12K |
|
2691
Quanta Services
PWR
$88.3B
| $302K | ﹤0.01% |
7,910
-1,367
| -15% | -$51.9K |
|
2692
Brown & Brown
BRO
$25B
| $301K | ﹤0.01% |
8,973
-730
| -8% | -$23.1K |
|
2693
Louisiana-Pacific
LPX
$5.35B
| $301K | ﹤0.01% |
11,481
-178
| -2% | -$4.36K |
|
2694
PVH
PVH
$4.01B
| $301K | ﹤0.01% |
3,180
-3,114
| -49% | -$344K |
|
2695
Ferrari
RACE
$68.6B
| $301K | ﹤0.01% |
1,868
-1,285
| -41% | -$185K |
|
2696
iShares MSCI Global Sustainable Development Goals ETF
SDG
$168M
| $301K | ﹤0.01% |
5,213
+377
| +8% | +$21.9K |
|
2697
ProShares S&P 500 ex-Energy ETF
SPXE
$83M
| $300K | ﹤0.01% |
9,650
| – | – |
|
2698
Invesco Trust Investment Grade Municipals
VGM
$552M
| $300K | ﹤0.01% |
23,658
-5,307
| -18% | -$65.8K |
|
|
TAO
2699
DELISTED
Invesco China Real Estate ETF
TAO
| $300K | ﹤0.01% |
+10,492
| New | +$300K |
|
|
MVT
2700
DELISTED
BlackRock MuniVest Fund II
MVT
| $299K | ﹤0.01% |
19,709
+16
| +0.1% | +$232 |
|
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.