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 | |
|---|---|---|---|---|---|---|
1101
J.M. Smucker
SJM
$13.2B
| $2.61M | 0.01% |
22,632
-5,931
| -21% | -$724K |
|
|
BFIN
1102
DELISTED
BankFinancial
BFIN
| $2.6M | 0.01% |
186,024
| – | – |
|
1103
Pacer Global Cash Cows Dividend ETF
GCOW
$3.4B
| $2.6M | 0.01% |
85,106
-2,752
| -3% | -$83.9K |
|
1104
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
| $2.59M | 0.01% |
1,897
+66
| +4% | +$87.2K |
|
1105
United Airlines
UAL
$40.2B
| $2.57M | 0.01% |
29,363
+1,280
| +5% | +$108K |
|
1106
Cincinnati Financial
CINF
$28.3B
| $2.57M | 0.01% |
24,790
+1,046
| +4% | +$100K |
|
|
DISH
1107
DELISTED
DISH Network Corp.
DISH
| $2.56M | 0.01% |
66,687
-2,950
| -4% | -$105K |
|
1108
Invesco S&P 500 BuyWrite ETF
PBP
$353M
| $2.56M | 0.01% |
118,032
+3,127
| +3% | +$66.6K |
|
1109
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $2.56M | 0.01% |
90,420
+5,636
| +7% | +$157K |
|
1110
Alcon
ALC
$33.7B
| $2.56M | 0.01% |
+41,185
| New | +$2.42M |
|
1111
Innovative Industrial Properties
IIPR
$1.76B
| $2.56M | 0.01% |
20,675
+7,077
| +52% | +$649K |
|
1112
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $2.55M | 0.01% |
98,066
-29,294
| -23% | -$766K |
|
1113
iShares ESG Aware MSCI EAFE ETF
ESGD
$11.8B
| $2.54M | 0.01% |
39,415
+5,036
| +15% | +$322K |
|
|
IBDQ
1114
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $2.53M | 0.01% |
98,904
+12,751
| +15% | +$319K |
|
1115
Motorola Solutions
MSI
$73.1B
| $2.53M | 0.01% |
15,188
+2,966
| +24% | +$447K |
|
1116
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.4B
| $2.53M | 0.01% |
74,215
+9,974
| +16% | +$336K |
|
1117
Electronic Arts
EA
$52.4B
| $2.52M | 0.01% |
24,934
+2,799
| +13% | +$267K |
|
1118
Sarepta Therapeutics
SRPT
$1.63B
| $2.52M | 0.01% |
16,607
+3,428
| +26% | +$417K |
|
1119
PACCAR
PCAR
$72.7B
| $2.52M | 0.01% |
52,767
+20,914
| +66% | +$972K |
|
1120
Service Corp International
SCI
$11.7B
| $2.52M | 0.01% |
53,837
-1,132
| -2% | -$48.9K |
|
1121
Inspire Corporate Bond ETF
IBD
$482M
| $2.52M | 0.01% |
98,171
+67,409
| +219% | +$1.7M |
|
1122
Dover
DOV
$27.4B
| $2.51M | 0.01% |
25,093
+9,503
| +61% | +$912K |
|
1123
First Trust Dow Jones Select MicroCap Index Fund
FDM
$265M
| $2.51M | 0.01% |
55,623
-4,761
| -8% | -$213K |
|
1124
Lamb Weston
LW
$7.51B
| $2.5M | 0.01% |
39,533
+1,211
| +3% | +$79.9K |
|
1125
L3Harris
LHX
$56.9B
| $2.5M | 0.01% |
13,215
+1,681
| +15% | +$303K |
|
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.