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 |
Vanguard Total Bond Market
BND
|
+$248M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$157M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$130M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$105M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$82.3M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$82.1M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$38.4M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$35.9M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.49% |
| 2 | Financials | 2.7% |
| 3 | Healthcare | 2.33% |
| 4 | Industrials | 2.12% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
JetBlue
JBLU
$2.16B
| $1.86M | ﹤0.01% |
113,810
+7,672
| +7% | +$131K |
|
|
FEI
1227
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.86M | ﹤0.01% |
161,938
-1,867
| -1% | -$21K |
|
|
CMA
1228
DELISTED
Comerica
CMA
| $1.86M | ﹤0.01% |
25,334
-1,531
| -6% | -$123K |
|
|
PFN
1229
PIMCO Income Strategy Fund II
PFN
$695M
| $1.86M | ﹤0.01% |
180,455
+40,049
| +29% | +$407K |
|
|
NFO
1230
DELISTED
Invesco Insider Sentiment ETF
NFO
| $1.85M | ﹤0.01% |
28,415
| – | – |
|
1231
L3Harris
LHX
$55.4B
| $1.84M | ﹤0.01% |
11,534
+2,125
| +23% | +$327K |
|
1232
Textron
TXT
$14.7B
| $1.84M | ﹤0.01% |
36,342
+13,703
| +61% | +$707K |
|
1233
Whirlpool
WHR
$2.49B
| $1.84M | ﹤0.01% |
13,838
-4,137
| -23% | -$546K |
|
1234
Atmos Energy
ATO
$29.7B
| $1.84M | ﹤0.01% |
17,847
+1,427
| +9% | +$139K |
|
|
NCV
1235
Virtus Convertible & Income Fund
NCV
$372M
| $1.84M | ﹤0.01% |
70,872
+13,716
| +24% | +$339K |
|
|
MRO
1236
DELISTED
Marathon Oil Corporation
MRO
| $1.83M | ﹤0.01% |
109,748
-2,011
| -2% | -$32.9K |
|
1237
iShares GNMA Bond ETF
GNMA
$423M
| $1.83M | ﹤0.01% |
37,035
+14,807
| +67% | +$725K |
|
1238
iShares Core MSCI Pacific ETF
IPAC
$2.59B
| $1.83M | ﹤0.01% |
32,946
-3,497
| -10% | -$190K |
|
1239
Raymond James Financial
RJF
$33.5B
| $1.83M | ﹤0.01% |
33,926
+1,098
| +3% | +$58.8K |
|
1240
VanEck Short Muni ETF
SMB
$312M
| $1.82M | ﹤0.01% |
103,949
+967
| +0.9% | +$16.9K |
|
|
TWO
1241
Two Harbors Investment
TWO
$1.27B
| $1.82M | ﹤0.01% |
33,723
+3,154
| +10% | +$177K |
|
1242
Infosys
INFY
$51B
| $1.82M | ﹤0.01% |
166,762
+13,658
| +9% | +$145K |
|
1243
Bio-Rad Laboratories Class A
BIO
$8.76B
| $1.82M | ﹤0.01% |
5,951
+966
| +19% | +$261K |
|
|
ILPT
1244
Industrial Logistics Properties Trust
ILPT
$582M
| $1.81M | ﹤0.01% |
89,743
-448
| -0.5% | -$9.22K |
|
|
DIAX
1245
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.81M | ﹤0.01% |
100,307
+26,220
| +35% | +$462K |
|
1246
West Pharmaceutical
WST
$23.7B
| $1.8M | ﹤0.01% |
16,280
+1,451
| +10% | +$151K |
|
1247
Alcoa
AA
$11.3B
| $1.8M | ﹤0.01% |
63,807
+14,906
| +30% | +$426K |
|
1248
Invesco Active US Real Estate Fund
PSR
$60.5M
| $1.8M | ﹤0.01% |
20,168
+14,606
| +263% | +$1.23M |
|
1249
iShares US Oil Equipment & Services ETF
IEZ
$346M
| $1.8M | ﹤0.01% |
71,109
+45,301
| +176% | +$1.12M |
|
1250
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.35B
| $1.79M | ﹤0.01% |
82,575
-23,212
| -22% | -$495K |
|
Similar funds
LPL Financial's Q1 2019 Portfolio in Review
As of Q1 2019, LPL Financial held 3,299 positions worth $44B, up 17% from $37.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $2.2B of net new capital in Q1 2019, opening 230 new positions and adding to 1,809 existing holdings. Its largest new stake was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
By sector, the portfolio is most concentrated in Technology at 3.5% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, an estimated $82.3M trimmed.
- LPL Financial's largest Q1 2019 buy was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2019, an estimated $248M increase.
- LPL Financial's biggest Q1 2019 reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, cutting an estimated $82.3M.
- LPL Financial fully exited Invesco Russell 2000 Equal Weight ETF in Q1 2019, selling an estimated $6.56M.
- LPL Financial's ten largest holdings make up 24% of its $44B portfolio in Q1 2019.
- LPL Financial opened 230 new positions and closed 117 in Q1 2019.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $44B.
Based on LPL Financial's 13F filing for Q1 2019, filed 8 May 2019.