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 | |
|---|---|---|---|---|---|---|
1301
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$182M
| $1.66M | ﹤0.01% |
25,194
+3,473
| +16% | +$227K |
|
1302
JB Hunt Transport Services
JBHT
$25.9B
| $1.66M | ﹤0.01% |
16,349
+3,136
| +24% | +$325K |
|
1303
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.44B
| $1.66M | ﹤0.01% |
68,264
+31,765
| +87% | +$751K |
|
1304
Universal Display
OLED
$3.75B
| $1.65M | ﹤0.01% |
10,823
-896
| -8% | -$111K |
|
1305
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $1.65M | ﹤0.01% |
63,488
+7,088
| +13% | +$175K |
|
1306
DXC Technology
DXC
$1.91B
| $1.65M | ﹤0.01% |
25,608
+3,480
| +16% | +$223K |
|
1307
InfraCap MLP ETF
AMZA
$466M
| $1.64M | ﹤0.01% |
27,585
+7,587
| +38% | +$445K |
|
|
POWR
1308
iShares U.S. Power Infrastructure ETF
POWR
$427M
| $1.64M | ﹤0.01% |
78,464
+24,151
| +44% | +$491K |
|
1309
National Fuel Gas
NFG
$7.69B
| $1.64M | ﹤0.01% |
26,884
+3,335
| +14% | +$194K |
|
|
SNLN
1310
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.64M | ﹤0.01% |
92,954
-2,018
| -2% | -$35.4K |
|
1311
Sony
SONY
$137B
| $1.64M | ﹤0.01% |
193,580
+16,175
| +9% | +$151K |
|
1312
Teck Resources
TECK
$28.2B
| $1.64M | ﹤0.01% |
70,546
+2,710
| +4% | +$61.1K |
|
1313
Timken Company
TKR
$9.19B
| $1.63M | ﹤0.01% |
37,372
+251
| +0.7% | +$10.7K |
|
|
MXIM
1314
DELISTED
Maxim Integrated Products
MXIM
| $1.62M | ﹤0.01% |
30,489
-2,931
| -9% | -$158K |
|
1315
TechnipFMC
FTI
$28.6B
| $1.62M | ﹤0.01% |
92,361
+35,289
| +62% | +$597K |
|
1316
Fidelity MSCI Utilities Index ETF
FUTY
$2.34B
| $1.61M | ﹤0.01% |
42,064
+16
| +0% | +$587 |
|
1317
Snap-on
SNA
$21.5B
| $1.61M | ﹤0.01% |
10,294
+1,525
| +17% | +$242K |
|
1318
BlackRock Core Bond Trust
BHK
$644M
| $1.61M | ﹤0.01% |
119,700
+270
| +0.2% | +$3.5K |
|
1319
Nuveen ESG Large-Cap Growth ETF
NULG
$2.6B
| $1.61M | ﹤0.01% |
45,648
-9,860
| -18% | -$328K |
|
|
SUM
1320
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.61M | ﹤0.01% |
103,111
+90,983
| +750% | +$1.42M |
|
|
DHC
1321
Diversified Healthcare Trust
DHC
$2.15B
| $1.61M | ﹤0.01% |
136,382
+34,791
| +34% | +$446K |
|
1322
iShares Global Utilities ETF
JXI
$315M
| $1.61M | ﹤0.01% |
29,725
+1,820
| +7% | +$94.6K |
|
|
SEE
1323
DELISTED
Sealed Air
SEE
| $1.6M | ﹤0.01% |
34,772
+9,301
| +37% | +$386K |
|
1324
Diamondback Energy
FANG
$56B
| $1.6M | ﹤0.01% |
15,757
+1,760
| +13% | +$180K |
|
1325
iShares MSCI Canada ETF
EWC
$6.12B
| $1.6M | ﹤0.01% |
57,851
+18,245
| +46% | +$492K |
|
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.