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 | |
|---|---|---|---|---|---|---|
1801
Ormat Technologies
ORA
$6B
| $1.03M | ﹤0.01% |
16,158
+743
| +5% | +$48.6K |
|
|
MILN
1802
Global X Millennial Consumer ETF
MILN
$99.9M
| $1.02M | ﹤0.01% |
37,098
+2,807
| +8% | +$69K |
|
1803
First Trust Global Wind Energy ETF
FAN
$278M
| $1.02M | ﹤0.01% |
71,162
+3,986
| +6% | +$52.4K |
|
1804
iShares International Small Cap Equity Factor ETF
ISCF
$659M
| $1.02M | ﹤0.01% |
37,358
+9,879
| +36% | +$254K |
|
1805
iShares Asia 50 ETF
AIA
$4.6B
| $1.02M | ﹤0.01% |
15,751
-4,620
| -23% | -$279K |
|
1806
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $1.02M | ﹤0.01% |
43,019
+9,548
| +29% | +$216K |
|
1807
Omnicom Group
OMC
$21.6B
| $1.02M | ﹤0.01% |
18,697
-2,386
| -11% | -$130K |
|
1808
Global Net Lease
GNL
$1.84B
| $1.02M | ﹤0.01% |
60,979
+8,999
| +17% | +$129K |
|
|
OLD
1809
DELISTED
The Long-Term Care ETF
OLD
| $1.02M | ﹤0.01% |
43,624
-5,361
| -11% | -$117K |
|
1810
Jazz Pharmaceuticals
JAZZ
$15.9B
| $1.02M | ﹤0.01% |
9,219
+868
| +10% | +$96K |
|
|
EVN
1811
Eaton Vance Municipal Income Trust
EVN
$414M
| $1.01M | ﹤0.01% |
81,246
+1,074
| +1% | +$12.9K |
|
1812
Kinross Gold
KGC
$27.4B
| $1.01M | ﹤0.01% |
140,113
-16,803
| -11% | -$109K |
|
1813
Texas Pacific Land
TPL
$27.8B
| $1.01M | ﹤0.01% |
15,318
-99
| -0.6% | -$6.08K |
|
1814
Gray Television
GTN
$415M
| $1.01M | ﹤0.01% |
72,415
+10,398
| +17% | +$133K |
|
1815
Halozyme
HALO
$9.79B
| $1.01M | ﹤0.01% |
+37,676
| New | +$850K |
|
|
MMD
1816
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$280M
| $1.01M | ﹤0.01% |
49,551
-12,980
| -21% | -$257K |
|
1817
Citizens Financial Group
CFG
$30.3B
| $1.01M | ﹤0.01% |
39,948
-9,101
| -19% | -$207K |
|
1818
Fidelity MSCI Real Estate Index ETF
FREL
$1.5B
| $1.01M | ﹤0.01% |
43,049
-28,876
| -40% | -$651K |
|
1819
Franklin Resources
BEN
$17.6B
| $1M | ﹤0.01% |
47,900
+24,066
| +101% | +$454K |
|
1820
Nuveen Credit Strategies Income Fund
JQC
$704M
| $1M | ﹤0.01% |
171,932
+13,849
| +9% | +$81.7K |
|
|
CDK
1821
DELISTED
CDK Global, Inc.
CDK
| $1M | ﹤0.01% |
24,176
+723
| +3% | +$27.8K |
|
1822
PetMed Express
PETS
$41.7M
| $1M | ﹤0.01% |
28,063
+10,835
| +63% | +$376K |
|
1823
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $999K | ﹤0.01% |
29,061
+17,283
| +147% | +$562K |
|
|
IRBT
1824
DELISTED
iRobot
IRBT
| $998K | ﹤0.01% |
11,899
+340
| +3% | +$22.4K |
|
1825
Nordson
NDSN
$16.6B
| $995K | ﹤0.01% |
5,247
+569
| +12% | +$96.5K |
|
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.