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 | |
|---|---|---|---|---|---|---|
626
VanEck Semiconductor ETF
SMH
$66.1B
| $7.37M | 0.02% |
133,734
+20,100
| +18% | +$1.09M |
|
627
Applied Materials
AMAT
$410B
| $7.34M | 0.02% |
163,542
-17,099
| -9% | -$720K |
|
628
Williams Companies
WMB
$86.6B
| $7.31M | 0.02% |
260,590
+17,598
| +7% | +$489K |
|
|
BSCJ
629
DELISTED
Invesco BulletShares 2019 Corporate Bond ETF
BSCJ
| $7.29M | 0.02% |
345,838
+53,149
| +18% | +$1.12M |
|
630
Trane Technologies
TT
$107B
| $7.29M | 0.02% |
57,553
+434
| +0.8% | +$51.9K |
|
|
AMJ
631
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $7.28M | 0.02% |
289,937
-6,972
| -2% | -$176K |
|
632
Blackstone Mortgage Trust
BXMT
$2.8B
| $7.26M | 0.02% |
204,125
+2,545
| +1% | +$90.5K |
|
633
iShares Global Healthcare ETF
IXJ
$4.08B
| $7.24M | 0.02% |
117,372
-25,092
| -18% | -$1.5M |
|
634
State Street SPDR S&P Bank ETF
KBE
$1.63B
| $7.23M | 0.02% |
166,822
-75,331
| -31% | -$3.27M |
|
635
First Trust Nasdaq Bank ETF
FTXO
$305M
| $7.21M | 0.02% |
284,362
-30,819
| -10% | -$780K |
|
636
Oneok
OKE
$56.4B
| $7.21M | 0.02% |
104,727
+16,759
| +19% | +$1.13M |
|
|
NVO
637
Novo Nordisk
NVO
$220B
| $7.17M | 0.02% |
281,134
+32,906
| +13% | +$813K |
|
638
WEC Energy
WEC
$37.1B
| $7.13M | 0.02% |
85,527
+8,107
| +10% | +$650K |
|
639
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$269M
| $7.13M | 0.02% |
166,407
+9,150
| +6% | +$390K |
|
640
Progressive
PGR
$125B
| $7.09M | 0.02% |
88,653
+16,868
| +23% | +$1.3M |
|
641
Illumina
ILMN
$28.7B
| $7.08M | 0.02% |
19,783
-709
| -3% | -$224K |
|
|
VER
642
DELISTED
VEREIT, Inc.
VER
| $7.06M | 0.02% |
156,719
-90,443
| -37% | -$3.91M |
|
643
Invesco Large Cap Growth ETF
PWB
$2.29B
| $7.05M | 0.02% |
145,688
+16,393
| +13% | +$780K |
|
644
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $7.04M | 0.02% |
150,016
-73,090
| -33% | -$3.36M |
|
645
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.04B
| $7.03M | 0.02% |
218,310
+55,759
| +34% | +$1.77M |
|
646
Marriott International
MAR
$101B
| $7.01M | 0.01% |
49,956
+4,437
| +10% | +$589K |
|
647
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$259M
| $6.97M | 0.01% |
74,906
+26,405
| +54% | +$2.44M |
|
648
Annaly Capital Management
NLY
$16.9B
| $6.96M | 0.01% |
190,591
-39,718
| -17% | -$1.51M |
|
|
KNOW
649
DELISTED
Direxion All Cap Insider Sentiment Shares
KNOW
| $6.95M | 0.01% |
178,108
-6,223
| -3% | -$242K |
|
650
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $6.89M | 0.01% |
73,270
-885
| -1% | -$82.8K |
|
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.