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 | |
|---|---|---|---|---|---|---|
601
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.68B
| $7.88M | 0.02% |
207,221
+39,904
| +24% | +$1.51M |
|
602
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $7.85M | 0.02% |
120,815
-147,289
| -55% | -$9.45M |
|
|
WBIC
603
DELISTED
WBI BullBear Yield 2000 ETF
WBIC
| $7.83M | 0.02% |
412,800
-176,402
| -30% | -$3.42M |
|
604
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$143M
| $7.81M | 0.02% |
210,657
-32,442
| -13% | -$1.21M |
|
605
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $7.76M | 0.02% |
77,295
-34,918
| -31% | -$3.49M |
|
606
Baxter International
BAX
$12.1B
| $7.76M | 0.02% |
94,737
+2,774
| +3% | +$215K |
|
607
State Street SPDR S&P Software & Services ETF
XSW
$427M
| $7.75M | 0.02% |
80,555
-1,207
| -1% | -$115K |
|
608
Healthcare Realty
HR
$7.46B
| $7.73M | 0.02% |
281,787
-5,327
| -2% | -$150K |
|
609
T. Rowe Price
TROW
$25.5B
| $7.71M | 0.02% |
70,230
+3,983
| +6% | +$419K |
|
610
O'Reilly Automotive
ORLY
$75.1B
| $7.68M | 0.02% |
311,910
-48,195
| -13% | -$1.22M |
|
611
State Street SPDR Dow Jones REIT ETF
RWR
$1.91B
| $7.68M | 0.02% |
77,687
+113
| +0.1% | +$11.2K |
|
612
Allstate
ALL
$67.3B
| $7.67M | 0.02% |
75,431
+9,707
| +15% | +$948K |
|
613
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.3B
| $7.66M | 0.02% |
72,728
+4,849
| +7% | +$506K |
|
614
HEICO Corp
HEI
$49.9B
| $7.63M | 0.02% |
57,000
+28,860
| +103% | +$3.21M |
|
615
Ball Corp
BALL
$17.2B
| $7.61M | 0.02% |
108,669
-769
| -0.7% | -$47.8K |
|
616
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $7.6M | 0.02% |
139,052
-4,728
| -3% | -$254K |
|
617
Micron Technology
MU
$1.02T
| $7.59M | 0.02% |
196,611
-25,092
| -11% | -$956K |
|
618
Vanguard Russell 2000 Growth ETF
VTWG
$1.48B
| $7.53M | 0.02% |
51,315
+1,881
| +4% | +$270K |
|
619
Gabelli Equity Trust
GAB
$1.75B
| $7.52M | 0.02% |
1,244,248
+104,647
| +9% | +$631K |
|
620
CapForce IBD 50 ETF
FFTY
$79.9M
| $7.51M | 0.02% |
219,067
+19,245
| +10% | +$649K |
|
621
Tractor Supply
TSCO
$16.7B
| $7.5M | 0.02% |
344,360
+8,080
| +2% | +$167K |
|
622
State Street SPDR S&P International Dividend ETF
DWX
$523M
| $7.44M | 0.02% |
188,965
-492
| -0.3% | -$19K |
|
623
Chipotle Mexican Grill
CMG
$42.6B
| $7.41M | 0.02% |
505,650
-28,450
| -5% | -$401K |
|
624
Delta Air Lines
DAL
$57B
| $7.39M | 0.02% |
130,211
+23,917
| +23% | +$1.34M |
|
625
Vertex Pharmaceuticals
VRTX
$122B
| $7.38M | 0.02% |
40,274
-2,810
| -7% | -$491K |
|
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.