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 | |
|---|---|---|---|---|---|---|
676
Western Digital
WDC
$172B
| $6.46M | 0.01% |
179,872
+3,416
| +2% | +$117K |
|
|
SPLK
677
DELISTED
Splunk Inc
SPLK
| $6.46M | 0.01% |
51,415
-1,626
| -3% | -$207K |
|
678
EOG Resources
EOG
$74.7B
| $6.44M | 0.01% |
69,104
-5,193
| -7% | -$483K |
|
679
Invesco AI and Next Gen Software ETF
IGPT
$1.16B
| $6.44M | 0.01% |
201,522
+79,626
| +65% | +$2.5M |
|
680
Amplify Mobile Payments ETF
IPAY
$168M
| $6.43M | 0.01% |
137,166
+7,301
| +6% | +$325K |
|
681
State Street SPDR ICE Preferred Securities ETF
PSK
$691M
| $6.43M | 0.01% |
148,759
+30,195
| +25% | +$1.29M |
|
682
lululemon athletica
LULU
$13.4B
| $6.42M | 0.01% |
35,647
-4,467
| -11% | -$776K |
|
683
TE Connectivity
TEL
$60.2B
| $6.42M | 0.01% |
67,062
+6,484
| +11% | +$585K |
|
684
Advanced Micro Devices
AMD
$807B
| $6.41M | 0.01% |
211,080
+43,522
| +26% | +$1.24M |
|
|
MPT
685
Medical Properties Trust
MPT
$2.86B
| $6.39M | 0.01% |
366,704
+35,255
| +11% | +$635K |
|
686
Twilio
TWLO
$29.5B
| $6.38M | 0.01% |
46,795
+6,819
| +17% | +$908K |
|
687
S&P Global
SPGI
$130B
| $6.37M | 0.01% |
27,943
+1,163
| +4% | +$254K |
|
688
Liberty All-Star Equity Fund
USA
$1.76B
| $6.35M | 0.01% |
989,013
+104,841
| +12% | +$654K |
|
689
Equinix
EQIX
$103B
| $6.35M | 0.01% |
12,588
+734
| +6% | +$352K |
|
690
Ulta Beauty
ULTA
$20.7B
| $6.34M | 0.01% |
18,283
+5,730
| +46% | +$1.98M |
|
|
SPYM
691
State Street SPDR Portfolio S&P 500 ETF
SPYM
$159B
| $6.33M | 0.01% |
183,110
+28,745
| +19% | +$974K |
|
692
iShares Convertible Bond ETF
ICVT
$7.21B
| $6.3M | 0.01% |
105,856
-15,543
| -13% | -$910K |
|
693
DTE Energy
DTE
$30.6B
| $6.29M | 0.01% |
57,828
+2,764
| +5% | +$297K |
|
694
Pacer Trendpilot European Index ETF
PTEU
$36.5M
| $6.29M | 0.01% |
235,241
-28,617
| -11% | -$749K |
|
695
Baidu
BIDU
$35.8B
| $6.26M | 0.01% |
53,345
+2,401
| +5% | +$342K |
|
696
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.66B
| $6.26M | 0.01% |
394,252
+14,850
| +4% | +$231K |
|
697
Genuine Parts
GPC
$17.6B
| $6.24M | 0.01% |
60,243
+11,338
| +23% | +$1.17M |
|
|
HFRO
698
Highland Opportunities and Income Fund
HFRO
$403M
| $6.22M | 0.01% |
449,645
+12,154
| +3% | +$164K |
|
699
Wynn Resorts
WYNN
$10.3B
| $6.21M | 0.01% |
50,090
+5,824
| +13% | +$749K |
|
700
Edwards Lifesciences
EW
$47.8B
| $6.21M | 0.01% |
100,770
+12,558
| +14% | +$759K |
|
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.