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 | |
|---|---|---|---|---|---|---|
1051
Cleveland-Cliffs
CLF
$6.84B
| $2.83M | 0.01% |
264,903
+5,734
| +2% | +$56.5K |
|
1052
Cognizant
CTSH
$23.9B
| $2.82M | 0.01% |
44,547
-9,302
| -17% | -$610K |
|
1053
NXP Semiconductors
NXPI
$66.2B
| $2.81M | 0.01% |
28,767
-5,463
| -16% | -$529K |
|
1054
iShares Core MSCI Europe ETF
IEUR
$8.85B
| $2.81M | 0.01% |
60,189
+2,155
| +4% | +$100K |
|
|
CIM
1055
Chimera Investment
CIM
$1.06B
| $2.8M | 0.01% |
49,530
+7,066
| +17% | +$401K |
|
1056
Apollo Global Management
APO
$71.8B
| $2.8M | 0.01% |
81,519
+5,065
| +7% | +$161K |
|
|
DIVY
1057
DELISTED
Reality Shares DIVS ETF
DIVY
| $2.8M | 0.01% |
105,153
+3,874
| +4% | +$103K |
|
|
CYBR
1058
DELISTED
CyberArk
CYBR
| $2.79M | 0.01% |
21,846
+559
| +3% | +$70.7K |
|
1059
Synchrony
SYF
$24.9B
| $2.79M | 0.01% |
80,521
+1,368
| +2% | +$46.4K |
|
|
STZ.B
1060
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.79M | 0.01% |
13,935
-100
| -0.7% | -$19.5K |
|
1061
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.44B
| $2.79M | 0.01% |
25,571
-6,978
| -21% | -$806K |
|
1062
Global X SuperDividend US ETF
DIV
$797M
| $2.79M | 0.01% |
123,007
+7,411
| +6% | +$171K |
|
|
MSD
1063
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
| $2.78M | 0.01% |
298,600
+15,262
| +5% | +$139K |
|
1064
Principal Financial Group
PFG
$24.5B
| $2.78M | 0.01% |
48,015
-6,053
| -11% | -$334K |
|
1065
Ameren
AEE
$31.3B
| $2.77M | 0.01% |
36,925
-2,135
| -5% | -$157K |
|
1066
iShare MSCI Eurozone ETF
EZU
$9.45B
| $2.77M | 0.01% |
69,902
-54
| -0.1% | -$2.13K |
|
1067
Canadian National Railway
CNI
$78.2B
| $2.76M | 0.01% |
29,841
-6,955
| -19% | -$639K |
|
|
CIK
1068
Credit Suisse Asset Management Income Fund
CIK
$135M
| $2.76M | 0.01% |
886,403
+223,045
| +34% | +$691K |
|
1069
MDU Resources
MDU
$4.34B
| $2.75M | 0.01% |
280,688
-10,119
| -3% | -$98.5K |
|
1070
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $2.75M | 0.01% |
109,519
+1,550
| +1% | +$38.2K |
|
1071
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $2.75M | 0.01% |
54,794
+4,032
| +8% | +$202K |
|
1072
Royal Gold
RGLD
$16.7B
| $2.75M | 0.01% |
26,781
-1,543
| -5% | -$139K |
|
1073
Under Armour
UAA
$3.09B
| $2.74M | 0.01% |
108,037
-1,540
| -1% | -$36.1K |
|
1074
Collegium Pharmaceutical
COLL
$1.16B
| $2.74M | 0.01% |
208,232
+9,808
| +5% | +$131K |
|
1075
Equifax
EFX
$22.1B
| $2.74M | 0.01% |
20,247
-99
| -0.5% | -$12.4K |
|
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.