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 | |
|---|---|---|---|---|---|---|
1451
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$143M
| $1.71M | ﹤0.01% |
51,051
+2,226
| +5% | +$66.5K |
|
1452
First Trust Dow Jones Select MicroCap Index Fund
FDM
$262M
| $1.71M | ﹤0.01% |
43,587
+8,504
| +24% | +$303K |
|
1453
HEICO Corp
HEI
$49.5B
| $1.7M | ﹤0.01% |
17,079
-12,333
| -42% | -$1.14M |
|
1454
VanEck IG Floating Rate ETF
FLTR
$2.94B
| $1.7M | ﹤0.01% |
67,839
+1,878
| +3% | +$46.3K |
|
1455
Enphase Energy
ENPH
$4.94B
| $1.7M | ﹤0.01% |
35,662
-44,689
| -56% | -$2.14M |
|
|
ASG
1456
Liberty All-Star Growth Fund
ASG
$325M
| $1.7M | ﹤0.01% |
269,430
+32,076
| +14% | +$180K |
|
|
JDD
1457
DELISTED
Nuveen Diversified Dividend and Income Fund
JDD
| $1.7M | ﹤0.01% |
219,249
+4,059
| +2% | +$30.6K |
|
1458
Lyft
LYFT
$5.9B
| $1.69M | ﹤0.01% |
51,279
-16,083
| -24% | -$509K |
|
1459
National Fuel Gas
NFG
$7.84B
| $1.69M | ﹤0.01% |
40,335
+3,371
| +9% | +$138K |
|
1460
iShare MSCI Eurozone ETF
EZU
$9.65B
| $1.69M | ﹤0.01% |
46,329
-21,734
| -32% | -$727K |
|
|
AVLR
1461
DELISTED
Avalara, Inc.
AVLR
| $1.69M | ﹤0.01% |
12,684
+883
| +7% | +$86.8K |
|
1462
State Street SPDR S&P Telecom ETF
XTL
$558M
| $1.69M | ﹤0.01% |
24,191
+1,834
| +8% | +$123K |
|
1463
John Hancock Multifactor Small Cap ETF
JHSC
$724M
| $1.68M | ﹤0.01% |
71,445
-2,421
| -3% | -$53.1K |
|
1464
iShares MSCI Global Gold Miners ETF
RING
$2.34B
| $1.68M | ﹤0.01% |
55,681
+5,465
| +11% | +$149K |
|
1465
WEX
WEX
$6.35B
| $1.67M | ﹤0.01% |
10,113
+1,707
| +20% | +$234K |
|
1466
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$85M
| $1.67M | ﹤0.01% |
25,622
-2,745
| -10% | -$171K |
|
1467
Guggenheim Strategic Opportunities Fund
GOF
$2.23B
| $1.66M | ﹤0.01% |
98,001
+26,297
| +37% | +$418K |
|
|
JSD
1468
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $1.66M | ﹤0.01% |
140,446
+127,085
| +951% | +$1.46M |
|
1469
PUT
Amazon
AMZN
$2.53T
| $1.66M | ﹤0.01% |
+12,000
| New | +$1.45M |
|
1470
B&G Foods
BGS
$293M
| $1.65M | ﹤0.01% |
67,797
+8,790
| +15% | +$190K |
|
1471
Huntington Ingalls Industries
HII
$12.6B
| $1.65M | ﹤0.01% |
9,476
+971
| +11% | +$180K |
|
|
HQL
1472
abrdn Life Sciences Investors
HQL
$584M
| $1.65M | ﹤0.01% |
92,000
+12,605
| +16% | +$216K |
|
|
TRPA
1473
Hartford AAA CLO ETF
TRPA
$103M
| $1.65M | ﹤0.01% |
40,685
-20,176
| -33% | -$807K |
|
1474
Post Holdings
POST
$4.21B
| $1.65M | ﹤0.01% |
28,729
+4,937
| +21% | +$287K |
|
1475
iShares MSCI Switzerland ETF
EWL
$2.21B
| $1.64M | ﹤0.01% |
42,139
-1,490
| -3% | -$55.9K |
|
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.