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 | |
|---|---|---|---|---|---|---|
1876
Hartford Municipal Opportunities ETF
HMOP
$777M
| $924K | ﹤0.01% |
22,095
+347
| +2% | +$14.2K |
|
|
RDFN
1877
DELISTED
Redfin
RDFN
| $924K | ﹤0.01% |
22,051
+1,513
| +7% | +$39.9K |
|
1878
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $924K | ﹤0.01% |
10,840
+14
| +0.1% | +$1.12K |
|
1879
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $924K | ﹤0.01% |
17,532
-3,779
| -18% | -$195K |
|
|
AIO
1880
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$869M
| $922K | ﹤0.01% |
+46,740
| New | +$846K |
|
1881
First American
FAF
$7.66B
| $921K | ﹤0.01% |
19,188
+5,609
| +41% | +$265K |
|
|
NKLA
1882
DELISTED
Nikola Corporation Common Stock
NKLA
| $921K | ﹤0.01% |
+454
| New | +$438K |
|
1883
Globe Life
GL
$14.2B
| $920K | ﹤0.01% |
12,401
+359
| +3% | +$27.2K |
|
1884
PennyMac Financial
PFSI
$3.92B
| $918K | ﹤0.01% |
+21,969
| New | +$696K |
|
|
XIFR
1885
XPLR Infrastructure LP
XIFR
$1.12B
| $918K | ﹤0.01% |
17,894
+2,137
| +14% | +$103K |
|
1886
Sonoco
SON
$5.57B
| $917K | ﹤0.01% |
17,544
-1,624
| -8% | -$80.4K |
|
1887
Encompass Health
EHC
$11B
| $915K | ﹤0.01% |
18,582
+2,078
| +13% | +$112K |
|
1888
Landstar System
LSTR
$5.93B
| $915K | ﹤0.01% |
8,150
-549
| -6% | -$58.7K |
|
1889
Goodyear
GT
$2B
| $913K | ﹤0.01% |
102,073
+8,835
| +9% | +$67.1K |
|
|
BLD
1890
DELISTED
TopBuild
BLD
| $912K | ﹤0.01% |
8,017
-1,053
| -12% | -$105K |
|
1891
Pinnacle West Capital
PNW
$12.2B
| $912K | ﹤0.01% |
12,439
+7,044
| +131% | +$532K |
|
|
RSX
1892
DELISTED
VanEck Russia ETF
RSX
| $912K | ﹤0.01% |
43,953
-3,608
| -8% | -$71.1K |
|
|
GENZ
1893
VanEck Digital Native Economy ETF
GENZ
$16.8M
| $911K | ﹤0.01% |
27,357
+9,938
| +57% | +$318K |
|
1894
BlackRock TCP Capital
TCPC
$273M
| $909K | ﹤0.01% |
99,426
+31,790
| +47% | +$273K |
|
1895
Cal-Maine
CALM
$4.12B
| $907K | ﹤0.01% |
20,392
-600
| -3% | -$25.5K |
|
|
BRG
1896
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $907K | ﹤0.01% |
112,272
+94,252
| +523% | +$626K |
|
1897
Ryder
R
$9.83B
| $906K | ﹤0.01% |
24,157
+4,321
| +22% | +$143K |
|
1898
BorgWarner
BWA
$13.1B
| $904K | ﹤0.01% |
29,090
+6,473
| +29% | +$171K |
|
1899
Community Health Systems
CYH
$393M
| $904K | ﹤0.01% |
300,385
-4,393
| -1% | -$14.1K |
|
|
RESP
1900
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $902K | ﹤0.01% |
26,904
+891
| +3% | +$28K |
|
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.