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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$288M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$216M |
| 3 |
Vanguard Total Bond Market
BND
|
+$203M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$201M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$119M |
| 2 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$113M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$101M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$95M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$86.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.5% |
| 2 | Healthcare | 2.67% |
| 3 | Consumer Discretionary | 2.65% |
| 4 | Financials | 2.58% |
| 5 | Communication Services | 2.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
EPAM Systems
EPAM
$5.51B
| $1.15M | ﹤0.01% |
4,575
+587
| +15% | +$129K |
|
1727
Invesco S&P 500 BuyWrite ETF
PBP
$354M
| $1.15M | ﹤0.01% |
63,473
-3,177
| -5% | -$56K |
|
1728
First Solar
FSLR
$22.7B
| $1.15M | ﹤0.01% |
23,164
-3,434
| -13% | -$153K |
|
|
ILPT
1729
Industrial Logistics Properties Trust
ILPT
$575M
| $1.15M | ﹤0.01% |
55,755
-2,003
| -3% | -$36.8K |
|
1730
Amplify AI Powered Equity ETF
AIEQ
$120M
| $1.14M | ﹤0.01% |
40,608
+276
| +0.7% | +$7.23K |
|
1731
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$389M
| $1.14M | ﹤0.01% |
24,783
-6,455
| -21% | -$283K |
|
1732
Snap
SNAP
$7.89B
| $1.13M | ﹤0.01% |
48,273
-46,720
| -49% | -$831K |
|
1733
Cracker Barrel
CBRL
$1.26B
| $1.13M | ﹤0.01% |
10,204
+2,795
| +38% | +$277K |
|
1734
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.18B
| $1.13M | ﹤0.01% |
47,521
-6,404
| -12% | -$147K |
|
|
NCV
1735
Virtus Convertible & Income Fund
NCV
$378M
| $1.13M | ﹤0.01% |
64,440
-11,060
| -15% | -$181K |
|
|
AIVC
1736
Amplify Bloomberg AI Equal Weight ETF
AIVC
$113M
| $1.13M | ﹤0.01% |
28,090
-4,218
| -13% | -$143K |
|
1737
Jacobs Solutions
J
$15.9B
| $1.13M | ﹤0.01% |
16,089
+1,736
| +12% | +$117K |
|
|
COR
1738
DELISTED
Coresite Realty Corporation
COR
| $1.13M | ﹤0.01% |
9,317
+402
| +5% | +$48.3K |
|
|
Y
1739
DELISTED
Alleghany Corp
Y
| $1.13M | ﹤0.01% |
2,300
+74
| +3% | +$38.3K |
|
1740
FlexShares International Quality Dividend Index Fund
IQDF
$1.15B
| $1.12M | ﹤0.01% |
55,881
+5,152
| +10% | +$99K |
|
1741
KT
KT
$8.62B
| $1.12M | ﹤0.01% |
114,715
-22,832
| -17% | -$218K |
|
1742
Nuveen Select Tax-Free Income Portfolio
NXP
$890M
| $1.12M | ﹤0.01% |
71,171
-13,352
| -16% | -$202K |
|
1743
ALPS Disruptive Technologies ETF
DTEC
$72.2M
| $1.11M | ﹤0.01% |
32,211
+14,272
| +80% | +$448K |
|
1744
Ally Financial
ALLY
$13.2B
| $1.11M | ﹤0.01% |
56,128
+3,512
| +7% | +$59.8K |
|
1745
Manulife Financial
MFC
$73.9B
| $1.11M | ﹤0.01% |
81,383
+13,810
| +20% | +$174K |
|
1746
Red Rock Resorts
RRR
$3.77B
| $1.11M | ﹤0.01% |
101,581
+20,411
| +25% | +$231K |
|
|
POWR
1747
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $1.1M | ﹤0.01% |
90,162
+4,173
| +5% | +$50.6K |
|
1748
PUT
Pultegroup
PHM
$24.1B
| $1.1M | ﹤0.01% |
+32,400
| New | +$973K |
|
|
PETQ
1749
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.1M | ﹤0.01% |
31,645
+3,356
| +12% | +$94.2K |
|
|
TWOU
1750
DELISTED
2U Inc
TWOU
| $1.1M | ﹤0.01% |
968
+170
| +21% | +$152K |
|
Similar funds
LPL Financial's Q2 2020 Portfolio in Review
As of Q2 2020, LPL Financial held 3,572 positions worth $57.4B, up 24% from $46.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $3.19B of net new capital in Q2 2020, opening 364 new positions and adding to 1,877 existing holdings. Its largest new stake was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, up from 4.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $119M trimmed.
- LPL Financial's largest Q2 2020 buy was FS KKR Capital Corp. II: 1,600,279 shares worth $20.6M.
- LPL Financial added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $288M increase.
- LPL Financial's biggest Q2 2020 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $119M.
- LPL Financial fully exited Raytheon Company in Q2 2020, selling an estimated $18.6M.
- LPL Financial's ten largest holdings make up 21% of its $57.4B portfolio in Q2 2020.
- LPL Financial opened 364 new positions and closed 114 in Q2 2020.
- LPL Financial's portfolio value rose 24% quarter-over-quarter to $57.4B.
Based on LPL Financial's 13F filing for Q2 2020, filed 13 Aug 2020.