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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$288M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$216M |
| 3 |
Vanguard Total Bond Market
BND
|
+$203M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$201M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$119M |
| 2 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$113M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$101M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$95M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$86.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.5% |
| 2 | Healthcare | 2.67% |
| 3 | Consumer Discretionary | 2.65% |
| 4 | Financials | 2.58% |
| 5 | Communication Services | 2.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Toronto Dominion Bank
TD
$198B
| $2.31M | ﹤0.01% |
51,685
-2,841
| -5% | -$121K |
|
1277
Masco
MAS
$14.2B
| $2.3M | ﹤0.01% |
45,821
+1,240
| +3% | +$53.8K |
|
1278
Nasdaq
NDAQ
$53.2B
| $2.3M | ﹤0.01% |
57,741
+516
| +0.9% | +$19.2K |
|
1279
PUT
Apple
AAPL
$4.9T
| $2.3M | ﹤0.01% |
25,200
+21,200
| +530% | +$1.64M |
|
1280
Sprott Physical Gold and Silver Trust
CEF
$7.56B
| $2.29M | ﹤0.01% |
135,526
+40,937
| +43% | +$652K |
|
|
WBIN
1281
DELISTED
WBI BullBear Trend Switch US Total Return ETF
WBIN
| $2.28M | ﹤0.01% |
138,835
-15,797
| -10% | -$259K |
|
1282
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$323M
| $2.27M | ﹤0.01% |
31,869
+2,125
| +7% | +$144K |
|
|
AFT
1283
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $2.26M | ﹤0.01% |
181,803
+138,549
| +320% | +$1.67M |
|
1284
Darden Restaurants
DRI
$23.7B
| $2.26M | ﹤0.01% |
29,802
+6,920
| +30% | +$491K |
|
1285
Parker-Hannifin
PH
$121B
| $2.25M | ﹤0.01% |
12,292
+2,880
| +31% | +$465K |
|
1286
Cloudflare
NET
$101B
| $2.25M | ﹤0.01% |
62,580
+37,032
| +145% | +$1.03M |
|
1287
Sony
SONY
$134B
| $2.25M | ﹤0.01% |
162,630
-7,570
| -4% | -$98.4K |
|
1288
Toyota
TM
$227B
| $2.25M | ﹤0.01% |
17,898
-503
| -3% | -$62.4K |
|
1289
VanEck International High Yield Bond ETF
IHY
$43.2M
| $2.25M | ﹤0.01% |
94,747
+50,274
| +113% | +$1.13M |
|
|
STZ.B
1290
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.25M | ﹤0.01% |
12,935
| – | – |
|
1291
Workhorse Group
WKHS
$34.5M
| $2.23M | ﹤0.01% |
43
+36
| +514% | +$390K |
|
1292
Prospect Capital
PSEC
$1.08B
| $2.23M | ﹤0.01% |
436,329
-145,417
| -25% | -$681K |
|
1293
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$719M
| $2.23M | ﹤0.01% |
80,654
+2,823
| +4% | +$71.9K |
|
1294
Nutanix
NTNX
$16B
| $2.21M | ﹤0.01% |
93,362
+12,366
| +15% | +$256K |
|
1295
Hormel Foods
HRL
$14B
| $2.21M | ﹤0.01% |
45,701
+6,303
| +16% | +$301K |
|
|
CIM
1296
Chimera Investment
CIM
$1.06B
| $2.2M | ﹤0.01% |
76,299
-752
| -1% | -$19.3K |
|
|
SGEN
1297
DELISTED
Seagen Inc. Common Stock
SGEN
| $2.19M | ﹤0.01% |
12,871
+984
| +8% | +$147K |
|
1298
Royal Caribbean
RCL
$86.1B
| $2.19M | ﹤0.01% |
43,453
+15,113
| +53% | +$684K |
|
1299
Nice
NICE
$5.79B
| $2.18M | ﹤0.01% |
11,537
-5,171
| -31% | -$906K |
|
|
SAVE
1300
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.18M | ﹤0.01% |
122,576
-37,205
| -23% | -$531K |
|
Similar funds
LPL Financial's Q2 2020 Portfolio in Review
As of Q2 2020, LPL Financial held 3,572 positions worth $57.4B, up 24% from $46.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $3.19B of net new capital in Q2 2020, opening 364 new positions and adding to 1,877 existing holdings. Its largest new stake was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, up from 4.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $119M trimmed.
- LPL Financial's largest Q2 2020 buy was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
- LPL Financial added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $288M increase.
- LPL Financial's biggest Q2 2020 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $119M.
- LPL Financial fully exited Raytheon Company in Q2 2020, selling an estimated $18.6M.
- LPL Financial's ten largest holdings make up 21% of its $57.4B portfolio in Q2 2020.
- LPL Financial opened 364 new positions and closed 114 in Q2 2020.
- LPL Financial's portfolio value rose 24% quarter-over-quarter to $57.4B.
Based on LPL Financial's 13F filing for Q2 2020, filed 13 Aug 2020.