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 | |
|---|---|---|---|---|---|---|
1326
Invesco Golden Dragon China ETF
PGJ
$94.7M
| $1.77M | ﹤0.01% |
47,280
+24
| +0.1% | +$925 |
|
|
ATCO
1327
DELISTED
Atlas Corp.
ATCO
| $1.77M | ﹤0.01% |
180,145
-14,027
| -7% | -$135K |
|
1328
iShares US Telecommunications ETF
IYZ
$1.19B
| $1.77M | ﹤0.01% |
59,979
-3,799
| -6% | -$113K |
|
|
DEX
1329
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $1.76M | ﹤0.01% |
177,980
+49,457
| +38% | +$486K |
|
1330
Northern Trust
NTRS
$22.2B
| $1.76M | ﹤0.01% |
19,563
+2,010
| +11% | +$185K |
|
1331
iShares MSCI Thailand ETF
THD
$364M
| $1.76M | ﹤0.01% |
18,380
-865
| -4% | -$78.1K |
|
1332
Teladoc Health
TDOC
$1.69B
| $1.75M | ﹤0.01% |
26,429
+3,541
| +15% | +$206K |
|
1333
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $1.74M | ﹤0.01% |
36,908
-1,465
| -4% | -$67.8K |
|
1334
Nasdaq
NDAQ
$53.6B
| $1.74M | ﹤0.01% |
54,333
-4,266
| -7% | -$131K |
|
|
EHI
1335
Western Asset Global High Income Fund
EHI
$175M
| $1.73M | ﹤0.01% |
174,098
+35,603
| +26% | +$346K |
|
1336
Match Group
MTCH
$9.16B
| $1.73M | ﹤0.01% |
25,698
+11,949
| +87% | +$781K |
|
|
ETFC
1337
DELISTED
E*Trade Financial Corporation
ETFC
| $1.73M | ﹤0.01% |
38,736
-7,735
| -17% | -$369K |
|
1338
iShares MSCI USA Equal Weighted ETF
EUSA
$1.84B
| $1.73M | ﹤0.01% |
29,087
+3,484
| +14% | +$203K |
|
1339
iShares Core MSCI Pacific ETF
IPAC
$2.61B
| $1.72M | ﹤0.01% |
30,972
-1,974
| -6% | -$109K |
|
1340
Monro
MNRO
$537M
| $1.72M | ﹤0.01% |
20,158
+33
| +0.2% | +$2.75K |
|
1341
Nice
NICE
$5.94B
| $1.72M | ﹤0.01% |
12,568
+10,034
| +396% | +$1.35M |
|
1342
ALPS Equal Sector Weight ETF
EQL
$758M
| $1.72M | ﹤0.01% |
69,456
-3,126
| -4% | -$76.2K |
|
|
BSCP
1343
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $1.72M | ﹤0.01% |
81,233
+30,866
| +61% | +$640K |
|
1344
Planet Fitness
PLNT
$4.43B
| $1.72M | ﹤0.01% |
23,668
+10,201
| +76% | +$769K |
|
1345
JetBlue
JBLU
$2.23B
| $1.71M | ﹤0.01% |
92,650
-21,160
| -19% | -$378K |
|
1346
Diamondback Energy
FANG
$53.5B
| $1.71M | ﹤0.01% |
15,691
-66
| -0.4% | -$6.89K |
|
1347
Viper Energy
VNOM
$8.21B
| $1.7M | ﹤0.01% |
55,236
+3,296
| +6% | +$102K |
|
1348
Vanguard Russell 2000 Value ETF
VTWV
$1.3B
| $1.7M | ﹤0.01% |
16,124
+1,841
| +13% | +$194K |
|
1349
ScottsMiracle-Gro
SMG
$4.25B
| $1.7M | ﹤0.01% |
17,209
+421
| +3% | +$37.4K |
|
1350
RLI Corp
RLI
$5.97B
| $1.69M | ﹤0.01% |
39,468
+664
| +2% | +$27.3K |
|
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.