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 | |
|---|---|---|---|---|---|---|
1376
iShares International Developed Real Estate ETF
IFGL
$83.1M
| $1.6M | ﹤0.01% |
53,682
-33,935
| -39% | -$1.01M |
|
|
ILPT
1377
Industrial Logistics Properties Trust
ILPT
$603M
| $1.6M | ﹤0.01% |
76,815
-12,928
| -14% | -$257K |
|
1378
VeriSign
VRSN
$25.4B
| $1.6M | ﹤0.01% |
7,641
+1,511
| +25% | +$297K |
|
|
SNLN
1379
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.59M | ﹤0.01% |
90,755
-2,199
| -2% | -$39K |
|
|
WBIA
1380
DELISTED
WBI BullBear Rising Income 2000 ETF
WBIA
| $1.59M | ﹤0.01% |
73,126
-85,240
| -54% | -$1.84M |
|
1381
Generac Holdings
GNRC
$11.5B
| $1.59M | ﹤0.01% |
22,858
+9,854
| +76% | +$576K |
|
1382
Omnicom Group
OMC
$24.6B
| $1.58M | ﹤0.01% |
19,321
+1,768
| +10% | +$140K |
|
1383
Fluor
FLR
$6.89B
| $1.58M | ﹤0.01% |
46,961
+24,237
| +107% | +$812K |
|
|
TWO
1384
Two Harbors Investment
TWO
$1.27B
| $1.58M | ﹤0.01% |
31,186
-2,537
| -8% | -$133K |
|
|
OPI
1385
DELISTED
Office Properties Income Trust
OPI
| $1.58M | ﹤0.01% |
60,107
-7,950
| -12% | -$209K |
|
|
WEA
1386
Western Asset Premier Bond Fund
WEA
$123M
| $1.58M | ﹤0.01% |
115,265
+87,908
| +321% | +$1.17M |
|
1387
Universal Display
OLED
$3.85B
| $1.58M | ﹤0.01% |
8,381
-2,442
| -23% | -$406K |
|
1388
Suburban Propane Partners
SPH
$1.24B
| $1.57M | ﹤0.01% |
64,793
-1,930
| -3% | -$44.9K |
|
|
NLSN
1389
DELISTED
Nielsen Holdings plc
NLSN
| $1.57M | ﹤0.01% |
+69,483
| New | +$1.68M |
|
1390
CRISPR Therapeutics
CRSP
$4.68B
| $1.57M | ﹤0.01% |
33,298
+25,047
| +304% | +$1M |
|
1391
Hercules Capital
HTGC
$3.04B
| $1.57M | ﹤0.01% |
122,279
+1,877
| +2% | +$24.3K |
|
1392
MGIC Investment
MTG
$6.47B
| $1.57M | ﹤0.01% |
119,259
-11,499
| -9% | -$160K |
|
1393
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $1.56M | ﹤0.01% |
50,548
+8,546
| +20% | +$264K |
|
1394
Labcorp
LH
$25.8B
| $1.56M | ﹤0.01% |
10,523
+4,168
| +66% | +$582K |
|
1395
Enphase Energy
ENPH
$4.79B
| $1.56M | ﹤0.01% |
85,497
+46,057
| +117% | +$634K |
|
|
POWR
1396
iShares U.S. Power Infrastructure ETF
POWR
$436M
| $1.56M | ﹤0.01% |
77,100
-1,364
| -2% | -$27.9K |
|
1397
HCA Healthcare
HCA
$92.8B
| $1.55M | ﹤0.01% |
11,508
-461
| -4% | -$58.3K |
|
1398
iShares Global Financials ETF
IXG
$679M
| $1.55M | ﹤0.01% |
24,244
+1,908
| +9% | +$122K |
|
1399
ProShares Ultra QQQ
QLD
$12.2B
| $1.55M | ﹤0.01% |
129,432
+1,288
| +1% | +$15.1K |
|
|
TRTN
1400
DELISTED
Triton International Limited
TRTN
| $1.55M | ﹤0.01% |
47,402
+792
| +2% | +$25.1K |
|
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.