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 | |
|---|---|---|---|---|---|---|
1926
Invesco Next Gen Connectivity ETF
KNCT
$153M
| $873K | ﹤0.01% |
13,281
+6,108
| +85% | +$365K |
|
1927
MGIC Investment
MTG
$6.16B
| $873K | ﹤0.01% |
106,623
-18,267
| -15% | -$137K |
|
1928
Pentair
PNR
$10.4B
| $873K | ﹤0.01% |
22,984
+1,166
| +5% | +$41K |
|
|
IVH
1929
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $871K | ﹤0.01% |
77,484
+43,341
| +127% | +$471K |
|
|
CVET
1930
DELISTED
Covetrus, Inc. Common Stock
CVET
| $871K | ﹤0.01% |
48,701
+1,983
| +4% | +$26.1K |
|
1931
PGIM Active High Yield Bond ETF
PHYL
$1.32B
| $870K | ﹤0.01% |
22,612
+13,847
| +158% | +$515K |
|
|
CIF
1932
DELISTED
MFS Intermediate High Income Fund
CIF
| $869K | ﹤0.01% |
404,105
+44,758
| +12% | +$95.1K |
|
|
MOMO
1933
Hello Group
MOMO
$885M
| $869K | ﹤0.01% |
49,695
+37,348
| +302% | +$785K |
|
|
CSML
1934
DELISTED
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
| $869K | ﹤0.01% |
40,161
-7,715
| -16% | -$153K |
|
1935
Plug Power
PLUG
$2.87B
| $866K | ﹤0.01% |
105,491
+7,025
| +7% | +$32.9K |
|
1936
Silicon Motion
SIMO
$8.6B
| $866K | ﹤0.01% |
17,747
+8,809
| +99% | +$390K |
|
|
LVHB
1937
DELISTED
Innovator Lunt Low Vol/High Beta Tactical ETF
LVHB
| $866K | ﹤0.01% |
28,205
-6,360
| -18% | -$180K |
|
1938
TransDigm Group
TDG
$70.2B
| $865K | ﹤0.01% |
1,956
-317
| -14% | -$120K |
|
1939
Fidelity Limited Term Bond ETF
FLTB
$414M
| $864K | ﹤0.01% |
16,522
+1,520
| +10% | +$78.2K |
|
1940
Campbell Soup
CPB
$6.55B
| $863K | ﹤0.01% |
17,381
+645
| +4% | +$32K |
|
1941
Invesco Bond Fund
VBF
$167M
| $863K | ﹤0.01% |
43,106
+24
| +0.1% | +$463 |
|
1942
PUT
United Airlines
UAL
$39.4B
| $862K | ﹤0.01% |
+24,900
| New | +$747K |
|
1943
Renasant Corp
RNST
$3.98B
| $861K | ﹤0.01% |
34,585
+109
| +0.3% | +$2.59K |
|
1944
ProShares Short 20+ Year Treasury ETF
TBF
$87.9M
| $861K | ﹤0.01% |
55,740
-324,270
| -85% | -$5.02M |
|
1945
KraneShares MSCI All China Health Care Index ETF
KURE
$98.5M
| $857K | ﹤0.01% |
+26,913
| New | +$738K |
|
1946
Fortive
FTV
$17.9B
| $855K | ﹤0.01% |
20,036
+2,854
| +17% | +$111K |
|
1947
German American Bancorp
GABC
$1.91B
| $853K | ﹤0.01% |
27,424
+2
| +0% | +$58 |
|
|
SCPL
1948
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $853K | ﹤0.01% |
57,500
+350
| +0.6% | +$4.29K |
|
|
LHCG
1949
DELISTED
LHC Group LLC
LHCG
| $853K | ﹤0.01% |
4,896
-165
| -3% | -$24.2K |
|
1950
Alphatec Holdings
ATEC
$1.46B
| $852K | ﹤0.01% |
181,325
-2,000
| -1% | -$8.83K |
|
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.