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 | |
|---|---|---|---|---|---|---|
1801
Sprott Physical Gold and Silver Trust
CEF
$7.38B
| $905K | ﹤0.01% |
68,433
-3,094
| -4% | -$38.6K |
|
1802
Owens Corning
OC
$11B
| $904K | ﹤0.01% |
15,532
+747
| +5% | +$38.1K |
|
1803
Sabra Healthcare REIT
SBRA
$5.56B
| $903K | ﹤0.01% |
45,866
-65,853
| -59% | -$1.28M |
|
1804
Sprott Gold Miners ETF
SGDM
$542M
| $899K | ﹤0.01% |
40,865
+1,778
| +5% | +$33.4K |
|
|
BSJO
1805
DELISTED
Invesco BulletShares 2024 High Yield Corporate Bond ETF
BSJO
| $899K | ﹤0.01% |
35,593
+17,301
| +95% | +$434K |
|
1806
iShares International Dividend Growth ETF
IGRO
$1.29B
| $895K | ﹤0.01% |
16,012
+4,782
| +43% | +$261K |
|
|
PHK
1807
PIMCO High Income Fund
PHK
$856M
| $895K | ﹤0.01% |
113,060
+22,368
| +25% | +$176K |
|
1808
Canadian Natural Resources
CNQ
$96.9B
| $894K | ﹤0.01% |
67,684
+36,062
| +114% | +$495K |
|
|
BFYT
1809
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $894K | ﹤0.01% |
34,506
+9,610
| +39% | +$242K |
|
1810
Invesco CurrencyShares Swiss Franc Trust
FXF
$411M
| $892K | ﹤0.01% |
9,399
+2,400
| +34% | +$222K |
|
1811
Hawaiian Electric Industries
HE
$2.26B
| $891K | ﹤0.01% |
20,449
-250
| -1% | -$10.5K |
|
1812
Perrigo
PRGO
$1.44B
| $891K | ﹤0.01% |
18,700
-1,010
| -5% | -$48.1K |
|
|
AAN.A
1813
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $891K | ﹤0.01% |
14,515
-8,119
| -36% | -$498K |
|
1814
Sprott Physical Gold
PHYS
$14.6B
| $890K | ﹤0.01% |
78,555
-8,342
| -10% | -$87.4K |
|
1815
Teradyne
TER
$50B
| $887K | ﹤0.01% |
18,523
-1,924
| -9% | -$87.3K |
|
1816
Texas Pacific Land
TPL
$26.9B
| $887K | ﹤0.01% |
10,143
+1,359
| +15% | +$122K |
|
1817
AvalonBay Communities
AVB
$27.5B
| $885K | ﹤0.01% |
4,358
-34
| -0.8% | -$6.89K |
|
1818
Insperity
NSP
$2.03B
| $885K | ﹤0.01% |
7,246
+2,790
| +63% | +$336K |
|
|
GTLS
1819
DELISTED
Chart Industries
GTLS
| $883K | ﹤0.01% |
11,485
+722
| +7% | +$59.3K |
|
|
IRBT
1820
DELISTED
iRobot
IRBT
| $880K | ﹤0.01% |
9,603
-2,022
| -17% | -$205K |
|
|
TCP
1821
DELISTED
TC Pipelines LP
TCP
| $880K | ﹤0.01% |
23,398
-700
| -3% | -$25.6K |
|
1822
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$318M
| $879K | ﹤0.01% |
11,918
+359
| +3% | +$25.9K |
|
1823
NOV
NOV
$6.84B
| $878K | ﹤0.01% |
39,507
-7,008
| -15% | -$169K |
|
|
INXN
1824
DELISTED
Interxion Holding N.V.
INXN
| $877K | ﹤0.01% |
11,531
+537
| +5% | +$38.3K |
|
1825
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $876K | ﹤0.01% |
30,873
-9,301
| -23% | -$259K |
|
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.