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 | |
|---|---|---|---|---|---|---|
|
KSU
1301
DELISTED
Kansas City Southern
KSU
| $1.84M | ﹤0.01% |
15,070
-1,531
| -9% | -$183K |
|
|
LTC
1302
LTC Properties
LTC
$2.14B
| $1.83M | ﹤0.01% |
40,096
+1,970
| +5% | +$89.3K |
|
1303
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$220M
| $1.83M | ﹤0.01% |
62,277
-29,970
| -32% | -$804K |
|
|
CONE
1304
DELISTED
CyrusOne Inc Common Stock
CONE
| $1.83M | ﹤0.01% |
31,668
+5,384
| +20% | +$316K |
|
1305
WEX
WEX
$6.23B
| $1.81M | ﹤0.01% |
8,682
-149
| -2% | -$30K |
|
1306
iShares S&P GSCI Commodity-Indexed Trust
GSG
$968M
| $1.81M | ﹤0.01% |
115,763
+4,877
| +4% | +$77.7K |
|
|
JHMF
1307
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $1.81M | ﹤0.01% |
47,960
-521
| -1% | -$19.3K |
|
1308
Steel Dynamics
STLD
$37.5B
| $1.81M | ﹤0.01% |
59,856
-6,746
| -10% | -$206K |
|
1309
Snap-on
SNA
$21.7B
| $1.8M | ﹤0.01% |
10,892
+598
| +6% | +$97.3K |
|
1310
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $1.8M | ﹤0.01% |
68,870
+5,382
| +8% | +$141K |
|
|
FLC
1311
Flaherty & Crumrine Total Return Fund
FLC
$175M
| $1.8M | ﹤0.01% |
88,863
+373
| +0.4% | +$7.36K |
|
1312
Expedia Group
EXPE
$35.5B
| $1.8M | ﹤0.01% |
13,536
-844
| -6% | -$104K |
|
1313
Nutrien
NTR
$33.3B
| $1.8M | ﹤0.01% |
33,625
-23,530
| -41% | -$1.23M |
|
1314
Monolithic Power Systems
MPWR
$63B
| $1.8M | ﹤0.01% |
13,232
+68
| +0.5% | +$9.25K |
|
|
SABA
1315
Saba Capital Income & Opportunities Fund II
SABA
$221M
| $1.8M | ﹤0.01% |
141,212
+25,604
| +22% | +$324K |
|
1316
iShares Global Clean Energy ETF
ICLN
$2.27B
| $1.79M | ﹤0.01% |
168,417
+22,187
| +15% | +$225K |
|
|
RPAI
1317
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.79M | ﹤0.01% |
152,155
-5,201
| -3% | -$63.7K |
|
1318
Nutanix
NTNX
$16B
| $1.79M | ﹤0.01% |
68,800
-13,505
| -16% | -$471K |
|
|
ABMD
1319
DELISTED
Abiomed Inc
ABMD
| $1.79M | ﹤0.01% |
6,862
-3,397
| -33% | -$901K |
|
|
ABFL
1320
Abacus FCF Leaders ETF
ABFL
$522M
| $1.78M | ﹤0.01% |
47,965
-600
| -1% | -$21.8K |
|
|
BPL
1321
DELISTED
Buckeye Partners, L.P.
BPL
| $1.78M | ﹤0.01% |
43,439
-17,227
| -28% | -$650K |
|
1322
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $1.78M | ﹤0.01% |
59,282
+32,447
| +121% | +$967K |
|
1323
iShares ESG Aware MSCI EM ETF
ESGE
$6.41B
| $1.77M | ﹤0.01% |
52,166
+1,949
| +4% | +$65.8K |
|
1324
Macy's
M
$6.62B
| $1.77M | ﹤0.01% |
82,598
+44,803
| +119% | +$1.02M |
|
1325
Incyte
INCY
$26B
| $1.77M | ﹤0.01% |
20,849
-11,425
| -35% | -$917K |
|
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.