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 | |
|---|---|---|---|---|---|---|
|
DOG
1676
ProShares Short Dow30
DOG
$110M
| $963K | ﹤0.01% |
17,518
-54,101
| -76% | -$3.08M |
|
1677
WisdomTree Dynamic International Equity Fund
DDWM
$1.48B
| $961K | ﹤0.01% |
33,709
+4,566
| +16% | +$127K |
|
1678
Inspire 100 ETF
BIBL
$481M
| $959K | ﹤0.01% |
34,956
+11,058
| +46% | +$289K |
|
1679
Global X Internet of Things ETF
SNSR
$219M
| $958K | ﹤0.01% |
52,306
+3,329
| +7% | +$60.4K |
|
1680
Invesco S&P 500 High Beta ETF
SPHB
$970M
| $956K | ﹤0.01% |
22,988
+7,236
| +46% | +$289K |
|
1681
Perrigo
PRGO
$1.43B
| $949K | ﹤0.01% |
19,710
+14,501
| +278% | +$679K |
|
1682
Snap
SNAP
$7.89B
| $949K | ﹤0.01% |
86,156
+9,012
| +12% | +$76.6K |
|
1683
Pultegroup
PHM
$24.5B
| $948K | ﹤0.01% |
33,903
-1,729
| -5% | -$47.1K |
|
1684
Manulife Financial
MFC
$74B
| $947K | ﹤0.01% |
56,003
+8,544
| +18% | +$139K |
|
|
WCG
1685
DELISTED
Wellcare Health Plans, Inc.
WCG
| $946K | ﹤0.01% |
3,507
+416
| +13% | +$107K |
|
1686
Carlyle Group
CG
$16.3B
| $945K | ﹤0.01% |
51,718
-9,932
| -16% | -$180K |
|
1687
Sun Life Financial
SLF
$45.9B
| $945K | ﹤0.01% |
24,598
+16,493
| +203% | +$605K |
|
1688
Lennox International
LII
$14.5B
| $944K | ﹤0.01% |
3,569
-546
| -13% | -$131K |
|
1689
iShares Global Consumer Discretionary ETF
RXI
$255M
| $943K | ﹤0.01% |
8,325
+91
| +1% | +$9.94K |
|
1690
Invesco S&P SmallCap Momentum ETF
XSMO
$3.01B
| $942K | ﹤0.01% |
25,871
-6,334
| -20% | -$223K |
|
|
ISD
1691
PGIM High Yield Bond Fund
ISD
$415M
| $940K | ﹤0.01% |
66,268
+6,346
| +11% | +$88.4K |
|
1692
SS&C Technologies
SSNC
$18.6B
| $940K | ﹤0.01% |
14,752
+1,790
| +14% | +$99.6K |
|
|
HGLB
1693
Highland Global Allocation Fund
HGLB
$172M
| $939K | ﹤0.01% |
+72,689
| New | +$944K |
|
|
RESP
1694
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $936K | ﹤0.01% |
28,973
+6,429
| +29% | +$201K |
|
1695
BlackRock MuniYield Quality Fund III
MYI
$714M
| $933K | ﹤0.01% |
72,165
+60,559
| +522% | +$758K |
|
1696
Pentair
PNR
$10.6B
| $933K | ﹤0.01% |
20,969
+296
| +1% | +$12.3K |
|
|
EWSC
1697
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $933K | ﹤0.01% |
17,281
+550
| +3% | +$29.6K |
|
1698
Fidelity MSCI Industrials Index ETF
FIDU
$2.29B
| $931K | ﹤0.01% |
24,380
+3,749
| +18% | +$138K |
|
1699
Integer Holdings
ITGR
$3.42B
| $931K | ﹤0.01% |
12,291
+1,961
| +19% | +$160K |
|
1700
Invesco Global Listed Private Equity ETF
PSP
$233M
| $930K | ﹤0.01% |
16,251
+2,558
| +19% | +$142K |
|
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.