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 | |
|---|---|---|---|---|---|---|
1401
Snap-on
SNA
$21.2B
| $1.82M | ﹤0.01% |
13,108
+2,522
| +24% | +$320K |
|
1402
iShares MSCI Poland ETF
EPOL
$699M
| $1.81M | ﹤0.01% |
108,862
-2,572
| -2% | -$40K |
|
1403
Appian
APPN
$1.94B
| $1.8M | ﹤0.01% |
35,178
-2,127
| -6% | -$104K |
|
1404
Emcor
EME
$35.4B
| $1.8M | ﹤0.01% |
27,263
+253
| +0.9% | +$15.8K |
|
1405
Inseego
INSG
$111M
| $1.8M | ﹤0.01% |
15,525
+3,934
| +34% | +$416K |
|
1406
First Trust Mid Cap Value AlphaDEX Fund
FNK
$229M
| $1.8M | ﹤0.01% |
65,256
-14,019
| -18% | -$355K |
|
1407
PUT
US Foods
USFD
$22.1B
| $1.8M | ﹤0.01% |
+91,200
| New | +$1.74M |
|
|
ETO
1408
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$506M
| $1.79M | ﹤0.01% |
86,454
+2,155
| +3% | +$43.3K |
|
|
LADR
1409
Ladder Capital
LADR
$1.23B
| $1.79M | ﹤0.01% |
221,605
+16,077
| +8% | +$121K |
|
1410
Sprouts Farmers Market
SFM
$8.1B
| $1.79M | ﹤0.01% |
69,841
+17,094
| +32% | +$391K |
|
1411
Insulet
PODD
$11.5B
| $1.79M | ﹤0.01% |
9,193
+849
| +10% | +$162K |
|
1412
Invesco Value Municipal Income Trust
IIM
$590M
| $1.78M | ﹤0.01% |
123,533
+7,342
| +6% | +$104K |
|
1413
IQ ARB Merger Arbitrage ETF
MNA
$252M
| $1.78M | ﹤0.01% |
56,625
-14,359
| -20% | -$447K |
|
1414
Steris
STE
$22.5B
| $1.78M | ﹤0.01% |
11,632
-5,271
| -31% | -$803K |
|
1415
Acadia Pharmaceuticals
ACAD
$4.55B
| $1.78M | ﹤0.01% |
36,816
+713
| +2% | +$34.2K |
|
1416
Magna International
MGA
$19B
| $1.78M | ﹤0.01% |
39,907
-1,464
| -4% | -$57.8K |
|
1417
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$467M
| $1.78M | ﹤0.01% |
29,419
+13,248
| +82% | +$759K |
|
1418
BlackRock Enhanced Global Dividend Trust
BOE
$675M
| $1.77M | ﹤0.01% |
188,275
-12,872
| -6% | -$117K |
|
1419
iShares MSCI USA Equal Weighted ETF
EUSA
$1.82B
| $1.77M | ﹤0.01% |
30,956
-338
| -1% | -$18.2K |
|
1420
DraftKings
DKNG
$11.8B
| $1.77M | ﹤0.01% |
+53,214
| New | +$1.47M |
|
1421
WIX.com
WIX
$2.37B
| $1.77M | ﹤0.01% |
6,902
+893
| +15% | +$158K |
|
|
HDS
1422
DELISTED
HD Supply Holdings, Inc.
HDS
| $1.77M | ﹤0.01% |
50,963
+7,988
| +19% | +$248K |
|
|
SRNE
1423
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.76M | ﹤0.01% |
281,046
+265,436
| +1,700% | +$1.02M |
|
1424
Jack Henry & Associates
JKHY
$11B
| $1.76M | ﹤0.01% |
9,570
+1,100
| +13% | +$192K |
|
|
PHK
1425
PIMCO High Income Fund
PHK
$867M
| $1.76M | ﹤0.01% |
328,188
-31,967
| -9% | -$165K |
|
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.