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 |
Vanguard Total Bond Market
BND
|
+$248M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$157M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$130M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$105M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$82.3M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$82.1M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$38.4M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$35.9M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.49% |
| 2 | Financials | 2.7% |
| 3 | Healthcare | 2.33% |
| 4 | Industrials | 2.12% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1476
LPL Financial
LPLA
$27B
| $1.3M | ﹤0.01% |
18,647
-1,549
| -8% | -$112K |
|
|
GRMN
1477
Garmin
GRMN
$56.9B
| $1.3M | ﹤0.01% |
15,017
-867
| -5% | -$65.3K |
|
1478
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$258M
| $1.3M | ﹤0.01% |
55,785
-14,059
| -20% | -$327K |
|
|
JHB
1479
DELISTED
Nuveen Corporate Income November 2021 Target Term Fund
JHB
| $1.29M | ﹤0.01% |
132,354
-66,083
| -33% | -$639K |
|
1480
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.9M
| $1.29M | ﹤0.01% |
55,686
+116
| +0.2% | +$2.64K |
|
1481
Targa Resources
TRGP
$56.8B
| $1.29M | ﹤0.01% |
31,098
+2,478
| +9% | +$104K |
|
1482
Bruker
BRKR
$9.4B
| $1.29M | ﹤0.01% |
33,588
-545
| -2% | -$19.7K |
|
1483
Alliance Resource Partners
ARLP
$3.34B
| $1.29M | ﹤0.01% |
63,238
+9,951
| +19% | +$192K |
|
1484
BlackRock Limited Duration Income Trust
BLW
$490M
| $1.29M | ﹤0.01% |
87,593
+692
| +0.8% | +$9.99K |
|
|
SCHR
1485
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $1.29M | ﹤0.01% |
47,898
-214
| -0.4% | -$5.68K |
|
1486
UGI
UGI
$7.87B
| $1.28M | ﹤0.01% |
23,136
-1,557
| -6% | -$85.2K |
|
1487
Omnicom Group
OMC
$22.7B
| $1.28M | ﹤0.01% |
17,553
+8,469
| +93% | +$636K |
|
1488
Nuveen Select Tax-Free Income Portfolio
NXP
$898M
| $1.28M | ﹤0.01% |
87,445
-3,336
| -4% | -$48.2K |
|
1489
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.15B
| $1.28M | ﹤0.01% |
11,251
-429
| -4% | -$47.3K |
|
1490
Goodyear
GT
$2.09B
| $1.27M | ﹤0.01% |
70,122
+35
| +0% | +$681 |
|
1491
Teladoc Health
TDOC
$1.66B
| $1.27M | ﹤0.01% |
22,888
+3,213
| +16% | +$196K |
|
1492
Janus Henderson Small Cap Growth Alpha ETF
JSML
$355M
| $1.27M | ﹤0.01% |
30,720
+4,880
| +19% | +$198K |
|
1493
iShares MSCI Indonesia ETF
EIDO
$466M
| $1.27M | ﹤0.01% |
49,473
+2,070
| +4% | +$54.5K |
|
1494
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$762M
| $1.26M | ﹤0.01% |
44,574
-2,044
| -4% | -$55.6K |
|
1495
OneMain Financial
OMF
$7.27B
| $1.26M | ﹤0.01% |
39,657
+5,674
| +17% | +$176K |
|
|
PCM
1496
PCM Fund
PCM
$68.7M
| $1.26M | ﹤0.01% |
112,869
+30,140
| +36% | +$324K |
|
1497
Cooper Companies
COO
$14.2B
| $1.26M | ﹤0.01% |
16,960
+2,012
| +13% | +$140K |
|
1498
ICICI Bank
IBN
$107B
| $1.26M | ﹤0.01% |
109,631
-151
| -0.1% | -$1.57K |
|
1499
Jazz Pharmaceuticals
JAZZ
$16.1B
| $1.25M | ﹤0.01% |
8,782
-52
| -0.6% | -$6.78K |
|
1500
Gladstone Capital
GLAD
$427M
| $1.25M | ﹤0.01% |
69,539
+8,710
| +14% | +$153K |
|
Similar funds
LPL Financial's Q1 2019 Portfolio in Review
As of Q1 2019, LPL Financial held 3,299 positions worth $44B, up 17% from $37.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $2.2B of net new capital in Q1 2019, opening 230 new positions and adding to 1,809 existing holdings. Its largest new stake was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
By sector, the portfolio is most concentrated in Technology at 3.5% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, an estimated $82.3M trimmed.
- LPL Financial's largest Q1 2019 buy was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2019, an estimated $248M increase.
- LPL Financial's biggest Q1 2019 reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, cutting an estimated $82.3M.
- LPL Financial fully exited Invesco Russell 2000 Equal Weight ETF in Q1 2019, selling an estimated $6.56M.
- LPL Financial's ten largest holdings make up 24% of its $44B portfolio in Q1 2019.
- LPL Financial opened 230 new positions and closed 117 in Q1 2019.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $44B.
Based on LPL Financial's 13F filing for Q1 2019, filed 8 May 2019.