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 | |
|---|---|---|---|---|---|---|
1276
State Street SPDR S&P Pharmaceuticals ETF
XPH
$483M
| $1.92M | ﹤0.01% |
48,170
+1,360
| +3% | +$53.5K |
|
1277
Textron
TXT
$15.6B
| $1.91M | ﹤0.01% |
36,060
-282
| -0.8% | -$14.3K |
|
1278
Raymond James Financial
RJF
$34B
| $1.91M | ﹤0.01% |
33,816
-110
| -0.3% | -$6.27K |
|
|
FEI
1279
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.91M | ﹤0.01% |
160,788
-1,150
| -0.7% | -$13.5K |
|
1280
AGNC Investment
AGNC
$12.9B
| $1.91M | ﹤0.01% |
113,589
-29,073
| -20% | -$505K |
|
1281
Teck Resources
TECK
$28.8B
| $1.91M | ﹤0.01% |
82,881
+12,335
| +17% | +$277K |
|
|
SUM
1282
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.91M | ﹤0.01% |
100,661
-2,450
| -2% | -$39K |
|
1283
Conagra Brands
CAG
$7.38B
| $1.9M | ﹤0.01% |
71,598
+15,023
| +27% | +$436K |
|
1284
Align Technology
ALGN
$12.6B
| $1.9M | ﹤0.01% |
6,923
-2,275
| -25% | -$687K |
|
1285
Invesco Variable Rate Investment Grade ETF
VRIG
$1.8B
| $1.9M | ﹤0.01% |
76,186
+806
| +1% | +$20.1K |
|
1286
Bruker
BRKR
$9.58B
| $1.89M | ﹤0.01% |
37,887
+4,299
| +13% | +$181K |
|
|
FEN
1287
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $1.89M | ﹤0.01% |
84,623
+4,977
| +6% | +$110K |
|
1288
Whirlpool
WHR
$2.49B
| $1.89M | ﹤0.01% |
13,241
-597
| -4% | -$80.1K |
|
|
RTL
1289
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.89M | ﹤0.01% |
172,950
+16,162
| +10% | +$169K |
|
|
PCN
1290
PIMCO Corporate & Income Strategy Fund
PCN
$870M
| $1.88M | ﹤0.01% |
110,088
-1,332
| -1% | -$23.2K |
|
1291
WisdomTree Global High Dividend Fund
DEW
$148M
| $1.88M | ﹤0.01% |
40,589
-75,043
| -65% | -$3.47M |
|
1292
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.38B
| $1.88M | ﹤0.01% |
84,107
+1,532
| +2% | +$33.7K |
|
1293
Infosys
INFY
$50B
| $1.88M | ﹤0.01% |
175,219
+8,457
| +5% | +$89.6K |
|
1294
iShares MSCI China ETF
MCHI
$6.16B
| $1.87M | ﹤0.01% |
31,475
-25,188
| -44% | -$1.51M |
|
1295
CRH
CRH
$69.1B
| $1.87M | ﹤0.01% |
57,008
+25,325
| +80% | +$824K |
|
|
BXMX
1296
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $1.86M | ﹤0.01% |
139,632
+13,077
| +10% | +$172K |
|
|
FFC
1297
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$774M
| $1.85M | ﹤0.01% |
92,891
+23,354
| +34% | +$456K |
|
1298
Atmos Energy
ATO
$29.9B
| $1.85M | ﹤0.01% |
17,486
-361
| -2% | -$37K |
|
1299
Toro Company
TTC
$9.08B
| $1.84M | ﹤0.01% |
27,483
+2,462
| +10% | +$173K |
|
1300
Polaris
PII
$4.07B
| $1.84M | ﹤0.01% |
20,143
+182
| +0.9% | +$16.6K |
|
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.