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 | |
|---|---|---|---|---|---|---|
2701
Artisan Partners
APAM
$2.82B
| $279K | ﹤0.01% |
11,044
+745
| +7% | +$18.2K |
|
|
IGA
2702
Voya Global Advantage and Premium Opportunity Fund
IGA
$156M
| $279K | ﹤0.01% |
25,827
-1,720
| -6% | -$17.5K |
|
2703
State Street Multi-Asset Real Return ETF
RLY
$1.27B
| $279K | ﹤0.01% |
11,098
+7
| +0.1% | +$172 |
|
|
CSOD
2704
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $279K | ﹤0.01% |
5,101
+115
| +2% | +$6.36K |
|
2705
Akebia Therapeutics
AKBA
$362M
| $278K | ﹤0.01% |
33,988
+5,725
| +20% | +$39.3K |
|
|
WPS
2706
DELISTED
iShares International Developed Property ETF
WPS
| $278K | ﹤0.01% |
7,165
+479
| +7% | +$17.9K |
|
|
CHN
2707
DELISTED
China Fund
CHN
| $277K | ﹤0.01% |
+13,584
| New | +$259K |
|
2708
Hecla Mining
HL
$10B
| $277K | ﹤0.01% |
120,480
-5,598
| -4% | -$14.1K |
|
2709
Columbia India Consumer ETF
INCO
$235M
| $277K | ﹤0.01% |
6,569
-802
| -11% | -$33.5K |
|
2710
Limbach Holdings
LMB
$833M
| $277K | ﹤0.01% |
36,565
+425
| +1% | +$2.42K |
|
2711
Invesco DB Precious Metals Fund
DBP
$241M
| $276K | ﹤0.01% |
7,621
+639
| +9% | +$23.5K |
|
2712
Elbit Systems
ESLT
$36.8B
| $276K | ﹤0.01% |
2,141
-12
| -0.6% | -$1.53K |
|
2713
Plug Power
PLUG
$2.92B
| $276K | ﹤0.01% |
114,821
-16,000
| -12% | -$27.9K |
|
|
BT
2714
DELISTED
BT Group plc (ADR)
BT
| $276K | ﹤0.01% |
18,674
+5,370
| +40% | +$80.4K |
|
2715
VanEck Oil Refiners ETF
CRAK
$215M
| $275K | ﹤0.01% |
+9,544
| New | +$276K |
|
2716
Logitech
LOGI
$14.6B
| $275K | ﹤0.01% |
+6,992
| New | +$252K |
|
|
ALDR
2717
DELISTED
Alder Biopharmaceuticals
ALDR
| $275K | ﹤0.01% |
20,175
+2,000
| +11% | +$25.9K |
|
2718
Teucrium Sugar Fund
CANE
$73.9M
| $274K | ﹤0.01% |
+37,590
| New | +$280K |
|
2719
KB Home
KBH
$3.45B
| $274K | ﹤0.01% |
11,342
+1,241
| +12% | +$27.5K |
|
2720
VictoryShares Dividend Accelerator ETF
VSDA
$246M
| $274K | ﹤0.01% |
+8,695
| New | +$261K |
|
|
FFBW
2721
DELISTED
FFBW, Inc. Common Stock
FFBW
| $274K | ﹤0.01% |
29,846
+3,359
| +13% | +$30.6K |
|
2722
Golub Capital BDC
GBDC
$3.34B
| $273K | ﹤0.01% |
15,585
+3,138
| +25% | +$55.3K |
|
|
MDP
2723
DELISTED
Meredith Corporation
MDP
| $273K | ﹤0.01% |
+4,946
| New | +$275K |
|
2724
Yeti Holdings
YETI
$3.76B
| $272K | ﹤0.01% |
+9,001
| New | +$196K |
|
|
SHLX
2725
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $272K | ﹤0.01% |
13,282
+313
| +2% | +$6.01K |
|
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.