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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$288M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$216M |
| 3 |
Vanguard Total Bond Market
BND
|
+$203M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$201M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$119M |
| 2 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$113M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$101M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$95M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$86.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.5% |
| 2 | Healthcare | 2.67% |
| 3 | Consumer Discretionary | 2.65% |
| 4 | Financials | 2.58% |
| 5 | Communication Services | 2.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
ProShares Trust Short MSCI Emerging Markets
EUM
$10.1M
| $5.83M | 0.01% |
169,204
+21,482
| +15% | +$806K |
|
802
Tractor Supply
TSCO
$16.3B
| $5.82M | 0.01% |
220,600
+12,150
| +6% | +$266K |
|
803
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.76B
| $5.79M | 0.01% |
135,830
+15,234
| +13% | +$614K |
|
804
Fastenal
FAST
$54.8B
| $5.79M | 0.01% |
270,100
-31,622
| -10% | -$605K |
|
805
Aon
AON
$80.6B
| $5.78M | 0.01% |
30,005
+4,504
| +18% | +$839K |
|
806
Gabelli Equity Trust
GAB
$1.73B
| $5.76M | 0.01% |
1,171,412
+717,604
| +158% | +$3.28M |
|
807
Fidelity MSCI Health Care Index ETF
FHLC
$3.35B
| $5.72M | 0.01% |
114,983
-4,750
| -4% | -$230K |
|
808
Bio-Rad Laboratories Class A
BIO
$8.76B
| $5.72M | 0.01% |
12,670
+2,472
| +24% | +$1.09M |
|
809
Bank OZK
OZK
$5.63B
| $5.7M | 0.01% |
242,902
+15,719
| +7% | +$337K |
|
810
iShares US Energy ETF
IYE
$1.72B
| $5.7M | 0.01% |
284,701
+68,735
| +32% | +$1.35M |
|
811
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.36B
| $5.7M | 0.01% |
409,773
+127,364
| +45% | +$1.72M |
|
812
iShares Global Energy ETF
IXC
$2.75B
| $5.69M | 0.01% |
291,299
+42,621
| +17% | +$832K |
|
813
Atlassian
TEAM
$26.5B
| $5.69M | 0.01% |
31,574
+2,734
| +9% | +$454K |
|
814
State Street SPDR NYSE Technology ETF
XNTK
$1.94B
| $5.68M | 0.01% |
57,179
+32,324
| +130% | +$2.84M |
|
815
Wolfspeed
WOLF
$1.04B
| $5.65M | 0.01% |
95,498
+10,038
| +12% | +$483K |
|
|
BXMX
816
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $5.64M | 0.01% |
512,429
+352,415
| +220% | +$3.83M |
|
817
iShares US Equity Factor ETF
LRGF
$3.5B
| $5.63M | 0.01% |
181,135
-45,833
| -20% | -$1.36M |
|
818
Invesco Leisure and Entertainment ETF
PEJ
$263M
| $5.62M | 0.01% |
192,744
+134,151
| +229% | +$3.72M |
|
819
Advance Auto Parts
AAP
$3.53B
| $5.61M | 0.01% |
39,371
+5,278
| +15% | +$671K |
|
820
Global X FinTech ETF
FINX
$170M
| $5.61M | 0.01% |
168,757
+8,023
| +5% | +$238K |
|
821
PPG Industries
PPG
$24.9B
| $5.56M | 0.01% |
52,404
+751
| +1% | +$72.3K |
|
822
Sempra
SRE
$58.1B
| $5.56M | 0.01% |
94,780
+21,020
| +28% | +$1.29M |
|
823
TotalEnergies
TTE
$193B
| $5.56M | 0.01% |
144,458
-9,512
| -6% | -$352K |
|
824
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.07B
| $5.55M | 0.01% |
181,940
-17,778
| -9% | -$537K |
|
825
FMC
FMC
$1.25B
| $5.54M | 0.01% |
55,566
+2,575
| +5% | +$238K |
|
Similar funds
LPL Financial's Q2 2020 Portfolio in Review
As of Q2 2020, LPL Financial held 3,572 positions worth $57.4B, up 24% from $46.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $3.19B of net new capital in Q2 2020, opening 364 new positions and adding to 1,877 existing holdings. Its largest new stake was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, up from 4.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $119M trimmed.
- LPL Financial's largest Q2 2020 buy was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
- LPL Financial added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $288M increase.
- LPL Financial's biggest Q2 2020 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $119M.
- LPL Financial fully exited Raytheon Company in Q2 2020, selling an estimated $18.6M.
- LPL Financial's ten largest holdings make up 21% of its $57.4B portfolio in Q2 2020.
- LPL Financial opened 364 new positions and closed 114 in Q2 2020.
- LPL Financial's portfolio value rose 24% quarter-over-quarter to $57.4B.
Based on LPL Financial's 13F filing for Q2 2020, filed 13 Aug 2020.