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 MSCI USA Quality Factor ETF
QUAL
|
+$617M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$390M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$371M |
| 4 |
Vanguard Total Bond Market
BND
|
+$201M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$577M |
| 2 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$267M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$166M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$138M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.62% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.2% |
| 4 | Industrials | 2.09% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Global X Social Media ETF
SOCL
$91.8M
| $788K | ﹤0.01% |
24,669
-538
| -2% | -$17.8K |
|
1902
Axos Financial
AX
$5.58B
| $787K | ﹤0.01% |
28,466
-7,060
| -20% | -$190K |
|
1903
Crown Holdings
CCK
$13B
| $786K | ﹤0.01% |
11,899
+22
| +0.2% | +$1.41K |
|
1904
Hartford Municipal Opportunities ETF
HMOP
$781M
| $786K | ﹤0.01% |
18,765
+2,103
| +13% | +$88.3K |
|
1905
iShares International Small Cap Equity Factor ETF
ISCF
$646M
| $784K | ﹤0.01% |
27,436
+389
| +1% | +$11.1K |
|
1906
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.68B
| $784K | ﹤0.01% |
19,634
-86
| -0.4% | -$3.42K |
|
1907
Nuveen Real Estate Income Fund
JRS
$251M
| $783K | ﹤0.01% |
71,212
+59,802
| +524% | +$640K |
|
1908
Kinross Gold
KGC
$27.7B
| $783K | ﹤0.01% |
170,201
-2,927
| -2% | -$13.6K |
|
|
TPHS
1909
DELISTED
Trinity Place Holdings Inc.com
TPHS
| $782K | ﹤0.01% |
195,550
+27,150
| +16% | +$105K |
|
1910
AdvisorShares Insider Advantage ETF
SURE
$56.5M
| $780K | ﹤0.01% |
11,237
-6,246
| -36% | -$432K |
|
1911
iShares US Insurance ETF
IAK
$521M
| $778K | ﹤0.01% |
10,801
+3,451
| +47% | +$245K |
|
1912
Motley Fool 100 Index ETF
TMFC
$1.99B
| $776K | ﹤0.01% |
34,529
+11,800
| +52% | +$267K |
|
1913
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$488M
| $775K | ﹤0.01% |
21,796
-478
| -2% | -$17.4K |
|
1914
Impinj
PI
$4.24B
| $775K | ﹤0.01% |
25,150
-452
| -2% | -$15.8K |
|
1915
Alcoa
AA
$11.3B
| $774K | ﹤0.01% |
38,568
-9,270
| -19% | -$193K |
|
1916
Invesco CurrencyShares Australian Dollar Trust
FXA
$96.4M
| $773K | ﹤0.01% |
11,457
+3
| +0% | +$206 |
|
1917
SolarEdge
SEDG
$2.37B
| $773K | ﹤0.01% |
9,239
+4,862
| +111% | +$362K |
|
|
HIE
1918
DELISTED
Miller/Howard High Income Equity Fund
HIE
| $773K | ﹤0.01% |
70,978
+13,271
| +23% | +$146K |
|
1919
Barron's 400 ETF
BFOR
$229M
| $771K | ﹤0.01% |
77,512
-39,548
| -34% | -$392K |
|
|
CXO
1920
DELISTED
CONCHO RESOURCES INC.
CXO
| $771K | ﹤0.01% |
11,352
-9,874
| -47% | -$803K |
|
1921
Coca-Cola Consolidated
COKE
$12.8B
| $769K | ﹤0.01% |
25,320
-700
| -3% | -$21.9K |
|
1922
Owens Corning
OC
$11B
| $769K | ﹤0.01% |
12,174
-3,358
| -22% | -$192K |
|
1923
Dentsply Sirona
XRAY
$2.84B
| $769K | ﹤0.01% |
14,433
+1,502
| +12% | +$80.7K |
|
1924
Appian
APPN
$2.11B
| $767K | ﹤0.01% |
16,152
+1,902
| +13% | +$89K |
|
|
ESGF
1925
DELISTED
Invesco Global ESG Revenue ETF
ESGF
| $767K | ﹤0.01% |
+26,334
| New | +$760K |
|
Similar funds
LPL Financial's Q3 2019 Portfolio in Review
As of Q3 2019, LPL Financial held 3,452 positions worth $49.1B, up 4.7% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $1.9B of net new capital in Q3 2019, opening 178 new positions and adding to 1,739 existing holdings. Its largest new stake was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Morningstar Total Stock Market ETF, an estimated $577M trimmed.
- LPL Financial's largest Q3 2019 buy was iShares MSCI Russia ETF: 183,261 shares worth $7.13M.
- LPL Financial added most to iShares MSCI USA Quality Factor ETF in Q3 2019, an estimated $617M increase.
- LPL Financial's biggest Q3 2019 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $577M.
- LPL Financial fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $6.49M.
- LPL Financial's ten largest holdings make up 22% of its $49.1B portfolio in Q3 2019.
- LPL Financial opened 178 new positions and closed 166 in Q3 2019.
- LPL Financial's portfolio value rose 4.7% quarter-over-quarter to $49.1B.
Based on LPL Financial's 13F filing for Q3 2019, filed 13 Nov 2019.