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 | |
|---|---|---|---|---|---|---|
|
CEM
1876
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $817K | ﹤0.01% |
13,682
+1,459
| +12% | +$89.9K |
|
1877
CoreCivic
CXW
$2.94B
| $816K | ﹤0.01% |
39,316
+8,441
| +27% | +$182K |
|
1878
Interactive Brokers
IBKR
$38.4B
| $816K | ﹤0.01% |
59,640
-7,496
| -11% | -$102K |
|
1879
AdvisorShares Ranger Equity Bear ETF
HDGE
$58.3M
| $815K | ﹤0.01% |
12,779
+2,965
| +30% | +$196K |
|
1880
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$291M
| $815K | ﹤0.01% |
13,056
-3,001
| -19% | -$192K |
|
|
WPX
1881
DELISTED
WPX Energy, Inc.
WPX
| $815K | ﹤0.01% |
70,770
-6,400
| -8% | -$79.6K |
|
1882
Essent Group
ESNT
$6.28B
| $813K | ﹤0.01% |
17,310
-573
| -3% | -$27K |
|
1883
CDW
CDW
$18.9B
| $812K | ﹤0.01% |
7,317
+647
| +10% | +$67.9K |
|
1884
Global X Social Media ETF
SOCL
$91.8M
| $811K | ﹤0.01% |
25,207
-29,644
| -54% | -$965K |
|
1885
Revvity
RVTY
$12.6B
| $809K | ﹤0.01% |
8,398
+992
| +13% | +$92.4K |
|
1886
Tanger
SKT
$4.78B
| $809K | ﹤0.01% |
49,931
+12,727
| +34% | +$229K |
|
|
ANSS
1887
DELISTED
Ansys
ANSS
| $808K | ﹤0.01% |
3,920
+963
| +33% | +$183K |
|
1888
Qiagen
QGEN
$8.62B
| $808K | ﹤0.01% |
18,780
+9,408
| +100% | +$390K |
|
1889
Southern Copper
SCCO
$138B
| $807K | ﹤0.01% |
22,394
+4,694
| +27% | +$163K |
|
|
NSA
1890
DELISTED
National Storage Affiliates Trust
NSA
| $806K | ﹤0.01% |
27,864
+2,567
| +10% | +$75.1K |
|
1891
Wendy's
WEN
$1.46B
| $806K | ﹤0.01% |
41,186
-16,314
| -28% | -$307K |
|
1892
Cambria Global Momentum ETF
GMOM
$68.6M
| $805K | ﹤0.01% |
31,971
-42
| -0.1% | -$1.05K |
|
1893
Invesco CurrencyShares Australian Dollar Trust
FXA
$96.4M
| $804K | ﹤0.01% |
11,454
+44
| +0.4% | +$3.08K |
|
1894
Nuveen ESG Mid-Cap Growth ETF
NUMG
$348M
| $802K | ﹤0.01% |
23,866
+16,523
| +225% | +$534K |
|
|
SAIL
1895
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $801K | ﹤0.01% |
39,978
+8,608
| +27% | +$195K |
|
|
LSXMK
1896
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $800K | ﹤0.01% |
27,660
+801
| +3% | +$23.4K |
|
1897
TransUnion
TRU
$16B
| $799K | ﹤0.01% |
+10,872
| New | +$744K |
|
1898
Tower Semiconductor
TSEM
$21.2B
| $798K | ﹤0.01% |
50,586
+16,009
| +46% | +$267K |
|
|
CORR
1899
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $798K | ﹤0.01% |
20,127
+603
| +3% | +$23.5K |
|
1900
Delek US
DK
$3.98B
| $796K | ﹤0.01% |
19,635
+1,081
| +6% | +$39.6K |
|
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.