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 | |
|---|---|---|---|---|---|---|
276
GSK
GSK
$103B
| $25.3M | 0.05% |
505,136
+20,027
| +4% | +$1M |
|
277
Nike
NKE
$61.9B
| $25.2M | 0.05% |
300,703
+71,153
| +31% | +$5.99M |
|
278
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.63B
| $25.2M | 0.05% |
766,304
-71,575
| -9% | -$2.32M |
|
279
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.28B
| $25M | 0.05% |
232,515
+28,426
| +14% | +$3.01M |
|
280
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.44B
| $24.9M | 0.05% |
834,989
+47,585
| +6% | +$1.4M |
|
281
Invesco Senior Loan ETF
BKLN
$7.1B
| $24.7M | 0.05% |
1,091,348
-12,901
| -1% | -$294K |
|
282
iShares MSCI Japan ETF
EWJ
$21.7B
| $24.5M | 0.05% |
449,458
-148,510
| -25% | -$8.08M |
|
|
RTN
283
DELISTED
Raytheon Company
RTN
| $24.4M | 0.05% |
140,299
-25,364
| -15% | -$4.56M |
|
284
PIMCO Corporate & Income Opportunity Fund
PTY
$2.48B
| $24.4M | 0.05% |
1,343,005
+128,675
| +11% | +$2.32M |
|
285
VictoryShares US 500 Volatility Wtd ETF
CFA
$537M
| $24.3M | 0.05% |
463,113
+273,469
| +144% | +$14M |
|
286
iShares Select U.S. REIT ETF
ICF
$2.12B
| $24.3M | 0.05% |
431,300
+76,826
| +22% | +$4.31M |
|
287
First Trust Long/Short Equity ETF
FTLS
$2.46B
| $24.2M | 0.05% |
601,735
-28,208
| -4% | -$1.12M |
|
288
John Hancock Multifactor Large Cap ETF
JHML
$1.16B
| $24.2M | 0.05% |
640,263
-4,058
| -0.6% | -$151K |
|
289
Thermo Fisher Scientific
TMO
$211B
| $23.9M | 0.05% |
81,393
+3,426
| +4% | +$944K |
|
290
FedEx
FDX
$74.5B
| $23.6M | 0.05% |
144,015
-58,155
| -29% | -$10.2M |
|
291
JPMorgan Diversified Return International Equity ETF
JPIN
$361M
| $23.6M | 0.05% |
433,649
+110,600
| +34% | +$6.06M |
|
292
US Bancorp
USB
$99.6B
| $23.4M | 0.05% |
447,291
+49,193
| +12% | +$2.53M |
|
293
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.5B
| $23.2M | 0.05% |
636,160
+55,516
| +10% | +$1.99M |
|
294
Ventas
VTR
$48.9B
| $23.1M | 0.05% |
338,189
+10,825
| +3% | +$690K |
|
295
First Trust Cloud Computing ETF
SKYY
$2.74B
| $22.9M | 0.05% |
396,519
+48,178
| +14% | +$2.83M |
|
296
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.5B
| $22.8M | 0.05% |
596,938
-3,117
| -0.5% | -$114K |
|
297
Colgate-Palmolive
CL
$72.6B
| $22.4M | 0.05% |
313,052
+12,475
| +4% | +$886K |
|
298
GE Aerospace
GE
$367B
| $22.4M | 0.05% |
428,573
-18,412
| -4% | -$906K |
|
299
ProShares Large Cap Core Plus
CSM
$509M
| $22.3M | 0.05% |
634,022
+13,578
| +2% | +$473K |
|
300
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.13B
| $22.1M | 0.05% |
308,916
+5,592
| +2% | +$395K |
|
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.