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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$288M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$216M |
| 3 |
Vanguard Total Bond Market
BND
|
+$203M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$201M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$119M |
| 2 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$113M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$101M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$95M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$86.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.5% |
| 2 | Healthcare | 2.67% |
| 3 | Consumer Discretionary | 2.65% |
| 4 | Financials | 2.58% |
| 5 | Communication Services | 2.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DHF
2776
BNY Mellon High Yield Strategies Fund
DHF
$171M
| $326K | ﹤0.01% |
127,426
+103,648
| +436% | +$256K |
|
2777
Dick's Sporting Goods
DKS
$17.5B
| $325K | ﹤0.01% |
+7,886
| New | +$250K |
|
2778
Extra Space Storage
EXR
$31.3B
| $325K | ﹤0.01% |
3,517
+1,037
| +42% | +$96.4K |
|
|
HIX
2779
Western Asset High Income Fund II
HIX
$349M
| $325K | ﹤0.01% |
52,456
+5,657
| +12% | +$31.9K |
|
2780
PUT
Mastercard
MA
$502B
| $325K | ﹤0.01% |
+1,100
| New | +$310K |
|
2781
Mercury Insurance
MCY
$5.93B
| $325K | ﹤0.01% |
7,971
+139
| +2% | +$5.58K |
|
2782
Ovintiv
OVV
$17.3B
| $325K | ﹤0.01% |
34,030
+270
| +0.8% | +$1.88K |
|
2783
PUT
Lowe's Companies
LOW
$117B
| $324K | ﹤0.01% |
+2,400
| New | +$274K |
|
2784
VICI Properties
VICI
$29B
| $324K | ﹤0.01% |
16,054
+3,555
| +28% | +$65.1K |
|
2785
White Mountains Insurance
WTM
$5.2B
| $324K | ﹤0.01% |
+365
| New | +$329K |
|
2786
Health Catalyst
HCAT
$154M
| $323K | ﹤0.01% |
11,064
+1,194
| +12% | +$33K |
|
2787
nLIGHT
LASR
$3.88B
| $322K | ﹤0.01% |
14,446
-3,540
| -20% | -$67K |
|
|
LVUS
2788
DELISTED
Hartford Multifactor Low Volatility US Equity ETF
LVUS
| $322K | ﹤0.01% |
11,640
-1,604
| -12% | -$43K |
|
2789
IDEX
IEX
$17B
| $321K | ﹤0.01% |
2,030
+250
| +14% | +$38.2K |
|
2790
Carpenter Technology
CRS
$25.8B
| $320K | ﹤0.01% |
+13,194
| New | +$293K |
|
2791
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
FDTS
$12.9M
| $320K | ﹤0.01% |
9,803
-665
| -6% | -$20.1K |
|
2792
Fox Factory Holding Corp
FOXF
$755M
| $319K | ﹤0.01% |
+3,858
| New | +$240K |
|
2793
Camtek
CAMT
$6.18B
| $318K | ﹤0.01% |
+25,245
| New | +$287K |
|
|
EPAY
2794
DELISTED
Bottomline Technologies Inc
EPAY
| $318K | ﹤0.01% |
6,263
+52
| +0.8% | +$2.32K |
|
2795
CVB Financial
CVBF
$3.94B
| $317K | ﹤0.01% |
+16,914
| New | +$323K |
|
2796
Lloyds Banking Group
LYG
$89.5B
| $317K | ﹤0.01% |
211,657
+87,579
| +71% | +$131K |
|
|
GRES
2797
DELISTED
IQ ARB Global Resources
GRES
| $317K | ﹤0.01% |
12,719
-780
| -6% | -$18.8K |
|
2798
Equitable Holdings
EQH
$13B
| $316K | ﹤0.01% |
16,366
+454
| +3% | +$8.11K |
|
2799
Papa John's
PZZA
$984M
| $316K | ﹤0.01% |
3,984
-2,878
| -42% | -$214K |
|
2800
Carlisle Companies
CSL
$14.3B
| $315K | ﹤0.01% |
2,628
-259
| -9% | -$31.1K |
|
Similar funds
LPL Financial's Q2 2020 Portfolio in Review
As of Q2 2020, LPL Financial held 3,572 positions worth $57.4B, up 24% from $46.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $3.19B of net new capital in Q2 2020, opening 364 new positions and adding to 1,877 existing holdings. Its largest new stake was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, up from 4.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $119M trimmed.
- LPL Financial's largest Q2 2020 buy was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
- LPL Financial added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $288M increase.
- LPL Financial's biggest Q2 2020 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $119M.
- LPL Financial fully exited Raytheon Company in Q2 2020, selling an estimated $18.6M.
- LPL Financial's ten largest holdings make up 21% of its $57.4B portfolio in Q2 2020.
- LPL Financial opened 364 new positions and closed 114 in Q2 2020.
- LPL Financial's portfolio value rose 24% quarter-over-quarter to $57.4B.
Based on LPL Financial's 13F filing for Q2 2020, filed 13 Aug 2020.