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 | |
|---|---|---|---|---|---|---|
876
Zimmer Biomet
ZBH
$18.8B
| $5.03M | 0.01% |
43,385
+9,742
| +29% | +$1.12M |
|
877
iShares MSCI South Korea ETF
EWY
$20.1B
| $5M | 0.01% |
87,505
+67,683
| +341% | +$3.57M |
|
878
ALPS O'Shares Global Internet Giants ETF
OGIG
$102M
| $5M | 0.01% |
131,970
+93,030
| +239% | +$2.95M |
|
879
Welltower
WELL
$174B
| $4.99M | 0.01% |
96,356
-196,864
| -67% | -$9.67M |
|
880
Vanguard Global ex-US Real Estate ETF
VNQI
$3.51B
| $4.98M | 0.01% |
106,820
-12,689
| -11% | -$574K |
|
|
IBMK
881
DELISTED
iShares iBonds Dec 2022 Term Muni Bond ETF
IBMK
| $4.98M | 0.01% |
188,626
+6,519
| +4% | +$171K |
|
882
Franco-Nevada
FNV
$41.3B
| $4.98M | 0.01% |
35,684
+937
| +3% | +$124K |
|
|
EVV
883
Eaton Vance Limited Duration Income Fund
EVV
$1.05B
| $4.98M | 0.01% |
441,734
+51,974
| +13% | +$566K |
|
884
Lumentum
LITE
$46.9B
| $4.98M | 0.01% |
61,122
+23,039
| +60% | +$1.76M |
|
885
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $4.97M | 0.01% |
48,532
-5,883
| -11% | -$597K |
|
886
Edison International
EIX
$30.3B
| $4.97M | 0.01% |
91,431
+4,534
| +5% | +$261K |
|
|
AYX
887
DELISTED
Alteryx Inc
AYX
| $4.95M | 0.01% |
30,126
+2,188
| +8% | +$284K |
|
888
Helen of Troy
HELE
$656M
| $4.94M | 0.01% |
26,208
-241
| -0.9% | -$39.4K |
|
889
Carrier Global
CARR
$49.4B
| $4.94M | 0.01% |
+222,291
| New | +$4.13M |
|
|
CERN
890
DELISTED
Cerner Corp
CERN
| $4.92M | 0.01% |
71,797
+371
| +0.5% | +$25.5K |
|
|
WBIE
891
DELISTED
WBI BullBear Rising Income 3000 ETF
WBIE
| $4.92M | 0.01% |
188,201
-41,017
| -18% | -$1.07M |
|
892
McKesson
MCK
$104B
| $4.91M | 0.01% |
32,026
-1,707
| -5% | -$247K |
|
893
Electronic Arts
EA
$52.7B
| $4.9M | 0.01% |
37,101
+11,272
| +44% | +$1.33M |
|
894
Cardinal Health
CAH
$53.7B
| $4.89M | 0.01% |
93,674
-618
| -0.7% | -$31.9K |
|
895
First Trust Multi Cap Value AlphaDEX Fund
FAB
$165M
| $4.87M | 0.01% |
105,941
-6,793
| -6% | -$291K |
|
|
DFS
896
DELISTED
Discover Financial Services
DFS
| $4.86M | 0.01% |
97,046
+22,356
| +30% | +$983K |
|
897
Carnival Corporation Ltd
CCL
$38.1B
| $4.86M | 0.01% |
295,856
+135,200
| +84% | +$2.03M |
|
898
Workday
WDAY
$41.5B
| $4.86M | 0.01% |
25,911
+8,394
| +48% | +$1.36M |
|
899
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$507M
| $4.85M | 0.01% |
91,200
+2,772
| +3% | +$146K |
|
|
FFC
900
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$767M
| $4.84M | 0.01% |
240,666
+72,475
| +43% | +$1.39M |
|
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.