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 | |
|---|---|---|---|---|---|---|
1276
Motorola Solutions
MSI
$72.1B
| $1.72M | ﹤0.01% |
12,222
+352
| +3% | +$45.7K |
|
|
SVC
1277
Service Properties Trust
SVC
$1.05B
| $1.72M | ﹤0.01% |
13,044
-161
| -1% | -$21.3K |
|
1278
iShares ESG Aware MSCI EM ETF
ESGE
$6.27B
| $1.71M | ﹤0.01% |
50,217
-332
| -0.7% | -$11K |
|
1279
Expedia Group
EXPE
$36.5B
| $1.71M | ﹤0.01% |
14,380
+7,063
| +97% | +$857K |
|
1280
Nasdaq
NDAQ
$53.4B
| $1.71M | ﹤0.01% |
58,599
-1,119
| -2% | -$31.9K |
|
1281
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$355M
| $1.71M | ﹤0.01% |
45,039
+4,277
| +10% | +$163K |
|
|
JHMF
1282
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $1.71M | ﹤0.01% |
48,481
+3,031
| +7% | +$105K |
|
|
GG
1283
DELISTED
Goldcorp Inc
GG
| $1.71M | ﹤0.01% |
149,121
+5,520
| +4% | +$59.3K |
|
1284
Dell
DELL
$239B
| $1.71M | ﹤0.01% |
+57,310
| New | +$1.51M |
|
1285
WEX
WEX
$6.42B
| $1.7M | ﹤0.01% |
8,831
+558
| +7% | +$94.3K |
|
|
FLC
1286
Flaherty & Crumrine Total Return Fund
FLC
$173M
| $1.7M | ﹤0.01% |
88,490
-663
| -0.7% | -$12.4K |
|
1287
iShares MSCI Thailand ETF
THD
$361M
| $1.7M | ﹤0.01% |
19,245
+1,810
| +10% | +$160K |
|
|
RCS
1288
PIMCO Strategic Income Fund
RCS
$242M
| $1.7M | ﹤0.01% |
161,008
-239,456
| -60% | -$2.43M |
|
|
RTL
1289
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.69M | ﹤0.01% |
156,788
+46,886
| +43% | +$557K |
|
1290
Fidelity National Financial
FNF
$14.4B
| $1.69M | ﹤0.01% |
48,070
+4,194
| +10% | +$141K |
|
|
ATCO
1291
DELISTED
Atlas Corp.
ATCO
| $1.69M | ﹤0.01% |
194,172
+7,313
| +4% | +$63.8K |
|
1292
Polaris
PII
$3.83B
| $1.69M | ﹤0.01% |
19,961
+1,971
| +11% | +$167K |
|
1293
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $1.68M | ﹤0.01% |
16,831
+3,445
| +26% | +$342K |
|
1294
Invesco S&P Spin-Off ETF
CSD
$219M
| $1.68M | ﹤0.01% |
33,307
+2,242
| +7% | +$109K |
|
|
TIF
1295
DELISTED
Tiffany & Co.
TIF
| $1.68M | ﹤0.01% |
15,893
+2,380
| +18% | +$218K |
|
1296
BlackRock Income Trust
BKT
$331M
| $1.67M | ﹤0.01% |
93,617
+2,206
| +2% | +$38.7K |
|
|
BXMX
1297
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $1.67M | ﹤0.01% |
126,555
+3,749
| +3% | +$48.5K |
|
1298
First Solar
FSLR
$21.4B
| $1.67M | ﹤0.01% |
31,589
-220
| -0.7% | -$11.1K |
|
1299
iShares MSCI South Korea ETF
EWY
$20.1B
| $1.67M | ﹤0.01% |
27,347
-9,903
| -27% | -$614K |
|
1300
Jones Lang LaSalle
JLL
$15.8B
| $1.67M | ﹤0.01% |
10,806
+233
| +2% | +$35K |
|
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.