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 US Treasury Bond ETF
GOVT
|
+$111M |
| 2 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$105M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$89.7M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$85.9M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$60.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$136M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$44.3M |
| 3 |
WisdomTree US Total Dividend Fund
DTD
|
+$36.3M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$35.2M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$33.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.59% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.32% |
| 4 | Consumer Discretionary | 2.14% |
| 5 | Industrials | 2.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
B&G Foods
BGS
$303M
| $1.07M | ﹤0.01% |
51,232
+3,060
| +6% | +$70.6K |
|
1677
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.21B
| $1.07M | ﹤0.01% |
32,689
+425
| +1% | +$13.5K |
|
|
EOS
1678
Eaton Vance Enhance Equity Income Fund II
EOS
$1.11B
| $1.07M | ﹤0.01% |
62,771
-2,899
| -4% | -$48.4K |
|
|
CLR
1679
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.07M | ﹤0.01% |
25,336
+5,562
| +28% | +$238K |
|
1680
Invesco DB Energy Fund
DBE
$90.9M
| $1.06M | ﹤0.01% |
75,186
-15,567
| -17% | -$228K |
|
1681
American Homes 4 Rent
AMH
$12.1B
| $1.06M | ﹤0.01% |
43,743
-8,071
| -16% | -$194K |
|
1682
BlackRock MuniYield Quality Fund III
MYI
$715M
| $1.06M | ﹤0.01% |
80,433
+8,268
| +11% | +$108K |
|
1683
CVR Energy
CVI
$3.48B
| $1.06M | ﹤0.01% |
21,222
-4,231
| -17% | -$190K |
|
1684
Xtrackers Russell US Multifactor ETF
DEUS
$302M
| $1.06M | ﹤0.01% |
31,310
-14,772
| -32% | -$490K |
|
1685
Goodyear
GT
$2.09B
| $1.06M | ﹤0.01% |
69,364
-758
| -1% | -$12.8K |
|
1686
Invesco DB Oil Fund
DBO
$401M
| $1.06M | ﹤0.01% |
105,330
-2,734
| -3% | -$28.4K |
|
|
PGP
1687
PIMCO Global StockPLUS & Income Fund
PGP
$96.6M
| $1.05M | ﹤0.01% |
84,607
+14,471
| +21% | +$179K |
|
1688
Kayne Anderson Energy Infrastructure Fund
KYN
$2.42B
| $1.05M | ﹤0.01% |
68,845
+13,527
| +24% | +$211K |
|
1689
Old National Bancorp
ONB
$10.2B
| $1.05M | ﹤0.01% |
63,561
+8,895
| +16% | +$148K |
|
1690
Banco Santander
SAN
$191B
| $1.05M | ﹤0.01% |
239,806
+2,013
| +0.8% | +$9.04K |
|
|
UMH
1691
UMH Properties
UMH
$1.34B
| $1.05M | ﹤0.01% |
84,742
+5,107
| +6% | +$68.8K |
|
1692
Elanco Animal Health
ELAN
$13.2B
| $1.05M | ﹤0.01% |
31,092
+2,186
| +8% | +$71K |
|
|
SMAR
1693
DELISTED
Smartsheet Inc.
SMAR
| $1.05M | ﹤0.01% |
+21,699
| New | +$922K |
|
|
SIVB
1694
DELISTED
SVB Financial Group
SIVB
| $1.05M | ﹤0.01% |
4,677
+586
| +14% | +$136K |
|
1695
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$89M
| $1.05M | ﹤0.01% |
17,625
-3,108
| -15% | -$181K |
|
|
GGT
1696
Gabelli Multimedia Trust
GGT
$168M
| $1.05M | ﹤0.01% |
131,900
-6,182
| -4% | -$50.3K |
|
|
NUAN
1697
DELISTED
Nuance Communications, Inc.
NUAN
| $1.05M | ﹤0.01% |
75,744
+207
| +0.3% | +$3.05K |
|
1698
Emcor
EME
$29.9B
| $1.04M | ﹤0.01% |
11,863
+6,834
| +136% | +$554K |
|
|
CVGW
1699
DELISTED
Calavo Growers
CVGW
| $1.04M | ﹤0.01% |
10,789
+669
| +7% | +$62.5K |
|
1700
Invesco S&P SmallCap Momentum ETF
XSMO
$2.94B
| $1.04M | ﹤0.01% |
27,776
+1,905
| +7% | +$70.1K |
|
Similar funds
LPL Financial's Q2 2019 Portfolio in Review
As of Q2 2019, LPL Financial held 3,409 positions worth $46.9B, up 6.6% from $44B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $1.68B of net new capital in Q2 2019, opening 226 new positions and adding to 1,714 existing holdings. Its largest new stake was Dow Inc: 187,402 shares worth $9.24M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Bond Market, an estimated $136M trimmed.
- LPL Financial's largest Q2 2019 buy was Dow Inc: 187,402 shares worth $9.24M.
- LPL Financial added most to iShares US Treasury Bond ETF in Q2 2019, an estimated $111M increase.
- LPL Financial's biggest Q2 2019 reduction was Vanguard Total Bond Market, cutting an estimated $136M.
- LPL Financial fully exited WBI BullBear Global High Income ETF in Q2 2019, selling an estimated $18.5M.
- LPL Financial's ten largest holdings make up 23% of its $46.9B portfolio in Q2 2019.
- LPL Financial opened 226 new positions and closed 134 in Q2 2019.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $46.9B.
Based on LPL Financial's 13F filing for Q2 2019, filed 9 Aug 2019.