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 | |
|---|---|---|---|---|---|---|
351
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.57B
| $17.9M | 0.04% |
383,819
+54,360
| +16% | +$2.53M |
|
352
Blackstone
BX
$104B
| $17.7M | 0.04% |
399,055
-18,670
| -4% | -$745K |
|
353
Vanguard Russell 1000 Value ETF
VONV
$20.4B
| $17.7M | 0.04% |
316,812
+5,142
| +2% | +$282K |
|
354
Paychex
PAYX
$40.4B
| $17.6M | 0.04% |
213,916
+5,812
| +3% | +$490K |
|
|
IBDM
355
DELISTED
iShares iBonds Dec 2021 Term Corporate ETF
IBDM
| $17.6M | 0.04% |
705,054
+70,635
| +11% | +$1.75M |
|
356
State Street SPDR S&P Regional Banking ETF
KRE
$4.86B
| $17.5M | 0.04% |
328,085
-43,942
| -12% | -$2.35M |
|
357
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.72B
| $17.5M | 0.04% |
475,780
+84,963
| +22% | +$3.1M |
|
358
Vanguard World Funds Extended Duration ETF
EDV
$3.3B
| $17.5M | 0.04% |
137,538
-7,323
| -5% | -$881K |
|
359
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.36B
| $17.4M | 0.04% |
283,581
+5,057
| +2% | +$310K |
|
|
IBDK
360
DELISTED
iShares iBonds Dec 2019 Term Corporate ETF
IBDK
| $17.4M | 0.04% |
698,853
-13,642
| -2% | -$339K |
|
|
PPL
361
PPL Corp
PPL
$27.3B
| $17.3M | 0.04% |
557,650
+30,693
| +6% | +$951K |
|
362
Stryker
SYK
$127B
| $17.3M | 0.04% |
83,922
+3,468
| +4% | +$662K |
|
363
iShares Silver Trust
SLV
$28.1B
| $17.2M | 0.04% |
1,202,092
+103,108
| +9% | +$1.44M |
|
364
Invesco Aerospace & Defense ETF
PPA
$8.27B
| $17.1M | 0.04% |
263,503
+2,990
| +1% | +$185K |
|
|
XYZ
365
Block Inc
XYZ
$45.9B
| $17.1M | 0.04% |
235,432
+20,712
| +10% | +$1.45M |
|
366
Deere & Co
DE
$170B
| $17M | 0.04% |
102,677
+3,550
| +4% | +$552K |
|
367
CSX Corp
CSX
$98.6B
| $17M | 0.04% |
659,616
+13,848
| +2% | +$357K |
|
368
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $17M | 0.04% |
159,493
+1,714
| +1% | +$182K |
|
369
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $16.9M | 0.04% |
269,936
+23,138
| +9% | +$1.43M |
|
370
Valero Energy
VLO
$89.8B
| $16.8M | 0.04% |
196,321
+22,756
| +13% | +$1.88M |
|
371
Mondelez International
MDLZ
$77.7B
| $16.7M | 0.04% |
310,626
+9,787
| +3% | +$508K |
|
372
iShares MSCI ACWI ETF
ACWI
$32.6B
| $16.7M | 0.04% |
226,071
+14,723
| +7% | +$1.07M |
|
373
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.08B
| $16.6M | 0.04% |
330,133
+28,491
| +9% | +$1.42M |
|
374
ConocoPhillips
COP
$147B
| $16.6M | 0.04% |
272,082
+4,171
| +2% | +$260K |
|
375
Vanguard FTSE Europe ETF
VGK
$30B
| $16.5M | 0.04% |
300,505
-25,142
| -8% | -$1.37M |
|
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.