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 | |
|---|---|---|---|---|---|---|
1426
Power Integrations
POWI
$3.38B
| $1.76M | ﹤0.01% |
+29,764
| New | +$1.56M |
|
1427
PG&E
PCG
$38.9B
| $1.76M | ﹤0.01% |
198,036
+100,726
| +104% | +$1.1M |
|
|
DRE
1428
DELISTED
Duke Realty Corp.
DRE
| $1.76M | ﹤0.01% |
49,635
+9,684
| +24% | +$331K |
|
1429
Suncor Energy
SU
$78.7B
| $1.75M | ﹤0.01% |
103,807
-2,347
| -2% | -$40.1K |
|
|
DIVY
1430
DELISTED
Reality Shares DIVS ETF
DIVY
| $1.75M | ﹤0.01% |
79,517
-37,038
| -32% | -$724K |
|
1431
Expedia Group
EXPE
$35.2B
| $1.75M | ﹤0.01% |
21,279
-2,702
| -11% | -$196K |
|
1432
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $1.75M | ﹤0.01% |
87,254
-10,893
| -11% | -$198K |
|
1433
VanEck Agribusiness ETF
MOO
$969M
| $1.75M | ﹤0.01% |
29,067
-1,002
| -3% | -$56.6K |
|
1434
Virgin Galactic
SPCE
$317M
| $1.75M | ﹤0.01% |
5,343
+462
| +9% | +$152K |
|
1435
Ameriprise Financial
AMP
$48.2B
| $1.74M | ﹤0.01% |
11,621
-2,059
| -15% | -$264K |
|
|
NUAN
1436
DELISTED
Nuance Communications, Inc.
NUAN
| $1.74M | ﹤0.01% |
68,914
+2,491
| +4% | +$52K |
|
1437
iQIYI
IQ
$1.21B
| $1.74M | ﹤0.01% |
75,154
-23,849
| -24% | -$442K |
|
1438
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $1.74M | ﹤0.01% |
49,961
+23,149
| +86% | +$801K |
|
1439
LPL Financial
LPLA
$28B
| $1.74M | ﹤0.01% |
22,211
-2,224
| -9% | -$149K |
|
1440
First Trust Dow 30 Equal Weight ETF
EDOW
$313M
| $1.74M | ﹤0.01% |
74,573
+12,259
| +20% | +$276K |
|
1441
iShares Intermediate Government/Credit Bond ETF
GVI
$3.77B
| $1.73M | ﹤0.01% |
14,732
-54,851
| -79% | -$6.4M |
|
1442
iShares MSCI Canada ETF
EWC
$6.1B
| $1.73M | ﹤0.01% |
66,981
+6,597
| +11% | +$161K |
|
1443
Gen Digital
GEN
$16.3B
| $1.73M | ﹤0.01% |
87,348
+17,781
| +26% | +$362K |
|
|
NFJ
1444
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.4B
| $1.73M | ﹤0.01% |
154,702
-659
| -0.4% | -$7.07K |
|
1445
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.87B
| $1.73M | ﹤0.01% |
49,954
+2,484
| +5% | +$81.5K |
|
|
BRSP
1446
BrightSpire Capital
BRSP
$615M
| $1.73M | ﹤0.01% |
245,854
-101,614
| -29% | -$520K |
|
1447
Canadian Pacific Kansas City
CP
$77.8B
| $1.73M | ﹤0.01% |
33,785
-6,020
| -15% | -$286K |
|
1448
Invesco DB US Dollar Index Bullish Fund
UUP
$422M
| $1.72M | ﹤0.01% |
65,382
-68,080
| -51% | -$1.82M |
|
1449
Helmerich & Payne
HP
$3.38B
| $1.72M | ﹤0.01% |
87,984
+13,870
| +19% | +$270K |
|
|
1450
PUT
Invesco QQQ Trust
QQQ
$448B
| $1.71M | ﹤0.01% |
6,900
+1,000
| +17% | +$224K |
|
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.