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 | |
|---|---|---|---|---|---|---|
|
MOMO
1701
Hello Group
MOMO
$886M
| $929K | ﹤0.01% |
24,299
+6,470
| +36% | +$207K |
|
1702
Elanco Animal Health
ELAN
$13.2B
| $927K | ﹤0.01% |
28,906
+17,368
| +151% | +$534K |
|
1703
Otter Tail
OTTR
$3.75B
| $925K | ﹤0.01% |
18,560
+1,040
| +6% | +$51.1K |
|
1704
Planet Fitness
PLNT
$4.43B
| $925K | ﹤0.01% |
13,467
+1,328
| +11% | +$80.5K |
|
1705
Affiliated Managers Group
AMG
$9.65B
| $923K | ﹤0.01% |
8,565
+6,181
| +259% | +$657K |
|
|
SIX
1706
DELISTED
Six Flags Entertainment Corp.
SIX
| $923K | ﹤0.01% |
18,713
+10,297
| +122% | +$582K |
|
|
SAFM
1707
DELISTED
Sanderson Farms Inc
SAFM
| $922K | ﹤0.01% |
6,990
+510
| +8% | +$61.1K |
|
|
FLIR
1708
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $922K | ﹤0.01% |
19,380
+6,052
| +45% | +$293K |
|
1709
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$640M
| $921K | ﹤0.01% |
67,312
-39
| -0.1% | -$513 |
|
|
BZUN
1710
Baozun
BZUN
$173M
| $920K | ﹤0.01% |
22,154
+8,351
| +61% | +$292K |
|
|
P
1711
Everpure Inc
P
$25B
| $919K | ﹤0.01% |
42,160
+7,945
| +23% | +$151K |
|
|
FDC
1712
DELISTED
First Data Corporation
FDC
| $915K | ﹤0.01% |
34,819
-36,149
| -51% | -$859K |
|
1713
Virtus Biotech Clinical Trials ETF
BBC
$47.8M
| $911K | ﹤0.01% |
31,984
+1,506
| +5% | +$39.5K |
|
|
SIVB
1714
DELISTED
SVB Financial Group
SIVB
| $910K | ﹤0.01% |
4,091
-639
| -14% | -$149K |
|
1715
Sun Communities
SUI
$15.3B
| $909K | ﹤0.01% |
7,671
+1,712
| +29% | +$190K |
|
1716
Macy's
M
$6.56B
| $908K | ﹤0.01% |
37,795
+6,939
| +22% | +$175K |
|
1717
Sprott Physical Gold
PHYS
$14.8B
| $908K | ﹤0.01% |
86,897
-14
| -0% | -$148 |
|
1718
ALPS Strategic Income Fund
RIGS
$60.3M
| $907K | ﹤0.01% |
36,850
+15,996
| +77% | +$392K |
|
1719
Fidelity Momentum Factor ETF
FDMO
$916M
| $906K | ﹤0.01% |
26,812
-8,480
| -24% | -$275K |
|
1720
Ubiquiti
UI
$32.3B
| $906K | ﹤0.01% |
6,050
-1,409
| -19% | -$178K |
|
1721
Zscaler
ZS
$24B
| $901K | ﹤0.01% |
+12,700
| New | +$675K |
|
|
SAIL
1722
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $901K | ﹤0.01% |
31,370
-2,826
| -8% | -$80.5K |
|
|
FSCS
1723
First Trust SMID Capital Strength ETF
FSCS
$58.1M
| $900K | ﹤0.01% |
42,223
+7,355
| +21% | +$154K |
|
|
TCP
1724
DELISTED
TC Pipelines LP
TCP
| $900K | ﹤0.01% |
24,098
+274
| +1% | +$9.18K |
|
1725
BlackRock Floating Rate Income Trust
BGT
$321M
| $899K | ﹤0.01% |
73,648
-30,842
| -30% | -$377K |
|
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.