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 | |
|---|---|---|---|---|---|---|
1176
Zebra Technologies
ZBRA
$13.5B
| $2.29M | ﹤0.01% |
10,920
+726
| +7% | +$146K |
|
1177
Fidelity MSCI Energy Index ETF
FENY
$1.94B
| $2.28M | ﹤0.01% |
132,465
+116,488
| +729% | +$2.03M |
|
1178
C.H. Robinson
CHRW
$20B
| $2.26M | ﹤0.01% |
26,846
+16,523
| +160% | +$1.39M |
|
1179
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.87B
| $2.26M | ﹤0.01% |
66,990
-4,330
| -6% | -$143K |
|
1180
iShares US Pharmaceuticals ETF
IHE
$1.5B
| $2.26M | ﹤0.01% |
44,883
-4,101
| -8% | -$203K |
|
1181
Teradata
TDC
$2.75B
| $2.25M | ﹤0.01% |
62,910
+10,849
| +21% | +$423K |
|
1182
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $2.25M | ﹤0.01% |
68,784
-10,674
| -13% | -$344K |
|
|
BKI
1183
DELISTED
Black Knight, Inc. Common Stock
BKI
| $2.25M | ﹤0.01% |
37,384
+760
| +2% | +$43.2K |
|
1184
Invesco Building & Construction ETF
PKB
$436M
| $2.24M | ﹤0.01% |
72,484
-3,170
| -4% | -$93.5K |
|
1185
Eastman Chemical
EMN
$7.79B
| $2.24M | ﹤0.01% |
28,802
-3,485
| -11% | -$265K |
|
1186
RPM International
RPM
$14.3B
| $2.24M | ﹤0.01% |
36,677
-6,610
| -15% | -$390K |
|
1187
HP
HPQ
$25.9B
| $2.24M | ﹤0.01% |
107,702
-12,870
| -11% | -$255K |
|
1188
Old Dominion Freight Line
ODFL
$47.1B
| $2.23M | ﹤0.01% |
44,904
-1,215
| -3% | -$59.1K |
|
1189
Lumen
LUMN
$6.38B
| $2.23M | ﹤0.01% |
189,788
-2,506
| -1% | -$28.2K |
|
|
XRLV
1190
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $2.23M | ﹤0.01% |
57,782
-67
| -0.1% | -$2.5K |
|
1191
Cadence Design Systems
CDNS
$95.1B
| $2.23M | ﹤0.01% |
31,472
+868
| +3% | +$58K |
|
|
K
1192
DELISTED
Kellanova
K
| $2.22M | ﹤0.01% |
44,205
-8,679
| -16% | -$461K |
|
|
AXON
1193
Axon Enterprise
AXON
$44.1B
| $2.22M | ﹤0.01% |
34,506
+1,690
| +5% | +$110K |
|
1194
Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
$143M
| $2.21M | ﹤0.01% |
79,940
+4,431
| +6% | +$122K |
|
1195
Hormel Foods
HRL
$14.1B
| $2.21M | ﹤0.01% |
54,567
+2,702
| +5% | +$110K |
|
1196
Ollie's Bargain Outlet
OLLI
$4.17B
| $2.2M | ﹤0.01% |
25,297
+18,735
| +286% | +$1.77M |
|
1197
Steris
STE
$22.4B
| $2.2M | ﹤0.01% |
14,778
+2,729
| +23% | +$365K |
|
1198
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.64B
| $2.19M | ﹤0.01% |
47,976
+7,175
| +18% | +$323K |
|
1199
Brown-Forman Class B
BF.B
$13.3B
| $2.19M | ﹤0.01% |
39,501
-465
| -1% | -$24.8K |
|
1200
Invesco Semiconductors ETF
PSI
$2.17B
| $2.19M | ﹤0.01% |
120,942
-20,226
| -14% | -$363K |
|
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.