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 MSCI USA Quality Factor ETF
QUAL
|
+$617M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$390M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$371M |
| 4 |
Vanguard Total Bond Market
BND
|
+$201M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Stock Market ETF
VTI
|
+$577M |
| 2 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$267M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$166M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$138M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.62% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.2% |
| 4 | Industrials | 2.09% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1476
Timken Company
TKR
$9.19B
| $1.44M | ﹤0.01% |
33,180
-4,869
| -13% | -$215K |
|
1477
Gladstone Capital
GLAD
$427M
| $1.44M | ﹤0.01% |
74,018
+1,424
| +2% | +$26.9K |
|
|
FINS
1478
Angel Oak Financial Strategies Income Term Trust
FINS
$416M
| $1.44M | ﹤0.01% |
+71,391
| New | +$1.44M |
|
|
SEE
1479
DELISTED
Sealed Air
SEE
| $1.44M | ﹤0.01% |
34,682
+2,247
| +7% | +$95.2K |
|
|
NHS
1480
Neuberger High Yield Strategies Fund Inc
NHS
$250M
| $1.44M | ﹤0.01% |
119,123
+13,716
| +13% | +$162K |
|
1481
VanEck Retail ETF
RTH
$253M
| $1.43M | ﹤0.01% |
12,508
+3,062
| +32% | +$343K |
|
1482
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$745M
| $1.43M | ﹤0.01% |
13,631
-270
| -2% | -$28K |
|
1483
VeriSign
VRSN
$26.3B
| $1.43M | ﹤0.01% |
7,593
-48
| -0.6% | -$9.87K |
|
1484
Gentex
GNTX
$5.1B
| $1.43M | ﹤0.01% |
51,976
+4,475
| +9% | +$118K |
|
1485
Warner Bros
WBD
$64.3B
| $1.43M | ﹤0.01% |
53,722
+15,428
| +40% | +$448K |
|
1486
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$217M
| $1.43M | ﹤0.01% |
54,858
-7,419
| -12% | -$212K |
|
|
FIF
1487
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $1.43M | ﹤0.01% |
86,413
-45,931
| -35% | -$732K |
|
1488
iShares ESG Aware MSCI USA ETF
ESGU
$17.5B
| $1.42M | ﹤0.01% |
21,767
+2,823
| +15% | +$184K |
|
1489
BlackRock Debt Strategies Fund
DSU
$592M
| $1.42M | ﹤0.01% |
131,978
+7,391
| +6% | +$79.8K |
|
1490
Zoom
ZM
$27.1B
| $1.42M | ﹤0.01% |
18,617
+4,320
| +30% | +$389K |
|
|
WORK
1491
DELISTED
Slack Technologies, Inc.
WORK
| $1.42M | ﹤0.01% |
59,696
+33,620
| +129% | +$1.02M |
|
1492
Invesco S&P SmallCap Information Technology ETF
PSCT
$472M
| $1.41M | ﹤0.01% |
49,437
-9,390
| -16% | -$265K |
|
1493
B&G Foods
BGS
$303M
| $1.41M | ﹤0.01% |
74,631
+23,399
| +46% | +$449K |
|
1494
BlackRock Limited Duration Income Trust
BLW
$490M
| $1.41M | ﹤0.01% |
90,157
+1,680
| +2% | +$25.8K |
|
|
RA
1495
Brookfield Real Assets Income Fund
RA
$704M
| $1.41M | ﹤0.01% |
62,296
+2,711
| +5% | +$60.1K |
|
1496
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16.4M
| $1.41M | ﹤0.01% |
60,634
+4,211
| +7% | +$96.6K |
|
1497
HF Sinclair
DINO
$16.2B
| $1.41M | ﹤0.01% |
26,191
+8,539
| +48% | +$414K |
|
1498
Huntington Ingalls Industries
HII
$11B
| $1.4M | ﹤0.01% |
6,628
-46
| -0.7% | -$10K |
|
1499
HSBC
HSBC
$352B
| $1.4M | ﹤0.01% |
36,643
-32,265
| -47% | -$1.25M |
|
1500
Reliance Steel & Aluminium
RS
$20.6B
| $1.4M | ﹤0.01% |
14,073
+542
| +4% | +$52.9K |
|
Similar funds
LPL Financial's Q3 2019 Portfolio in Review
As of Q3 2019, LPL Financial held 3,452 positions worth $49.1B, up 4.7% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $1.9B of net new capital in Q3 2019, opening 178 new positions and adding to 1,739 existing holdings. Its largest new stake was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Stock Market ETF, an estimated $577M trimmed.
- LPL Financial's largest Q3 2019 buy was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
- LPL Financial added most to iShares MSCI USA Quality Factor ETF in Q3 2019, an estimated $617M increase.
- LPL Financial's biggest Q3 2019 reduction was Vanguard Total Stock Market ETF, cutting an estimated $577M.
- LPL Financial fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $6.49M.
- LPL Financial's ten largest holdings make up 22% of its $49.1B portfolio in Q3 2019.
- LPL Financial opened 178 new positions and closed 166 in Q3 2019.
- LPL Financial's portfolio value rose 4.7% quarter-over-quarter to $49.1B.
Based on LPL Financial's 13F filing for Q3 2019, filed 13 Nov 2019.