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 | |
|---|---|---|---|---|---|---|
|
P
1951
Everpure Inc
P
$23B
| $741K | ﹤0.01% |
48,526
+6,366
| +15% | +$124K |
|
1952
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $740K | ﹤0.01% |
28,545
-909
| -3% | -$23.2K |
|
1953
Saic
SAIC
$4.95B
| $739K | ﹤0.01% |
8,534
+4,382
| +106% | +$344K |
|
1954
APA Corp
APA
$13B
| $738K | ﹤0.01% |
25,476
+11,626
| +84% | +$362K |
|
1955
ALPS International Sector Dividend Dogs ETF
IDOG
$546M
| $738K | ﹤0.01% |
28,370
+407
| +1% | +$10.6K |
|
1956
Stellantis
STLA
$17.4B
| $738K | ﹤0.01% |
53,375
+2,009
| +4% | +$29.2K |
|
|
FMBI
1957
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $738K | ﹤0.01% |
36,039
+947
| +3% | +$19.6K |
|
1958
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.45B
| $735K | ﹤0.01% |
21,134
+3,202
| +18% | +$110K |
|
1959
Impinj
PI
$4.24B
| $733K | ﹤0.01% |
25,602
-2,917
| -10% | -$71.2K |
|
1960
Invesco DB Agriculture Fund
DBA
$1.23B
| $731K | ﹤0.01% |
44,137
-6,876
| -13% | -$113K |
|
1961
Lithia Motors
LAD
$9.75B
| $731K | ﹤0.01% |
6,155
+323
| +6% | +$35.7K |
|
|
FPL
1962
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $731K | ﹤0.01% |
77,398
+13,627
| +21% | +$125K |
|
1963
AAM S&P 500 High Dividend Value ETF
SPDV
$103M
| $729K | ﹤0.01% |
27,812
+1,794
| +7% | +$46.5K |
|
1964
Loews
L
$24.5B
| $728K | ﹤0.01% |
13,311
+60
| +0.5% | +$3.08K |
|
|
HTT
1965
High Templar Tech Ltd
HTT
$370M
| $728K | ﹤0.01% |
+97,073
| New | +$669K |
|
1966
Crown Holdings
CCK
$13B
| $726K | ﹤0.01% |
11,877
-1,342
| -10% | -$78.2K |
|
|
AIMC
1967
DELISTED
Altra Industrial Motion Corp
AIMC
| $726K | ﹤0.01% |
20,239
+2,869
| +17% | +$99K |
|
1968
Dropbox
DBX
$7.78B
| $723K | ﹤0.01% |
28,879
-10,256
| -26% | -$237K |
|
1969
DXC Technology
DXC
$1.91B
| $723K | ﹤0.01% |
13,118
-12,490
| -49% | -$723K |
|
1970
Beyond Meat
BYND
$274M
| $721K | ﹤0.01% |
+4,489
| New | +$501K |
|
1971
ProShares Ultra Financials
UYG
$819M
| $721K | ﹤0.01% |
16,045
+3,243
| +25% | +$140K |
|
1972
McCormick & Company Voting
MKC.V
$13.9B
| $720K | ﹤0.01% |
9,290
+50
| +0.5% | +$3.85K |
|
1973
Invesco MSCI Sustainable Future ETF
ERTH
$131M
| $719K | ﹤0.01% |
15,772
-1,609
| -9% | -$70.7K |
|
1974
First Trust Dividend Strength ETF
FTDS
$39M
| $719K | ﹤0.01% |
21,152
+2,264
| +12% | +$76.3K |
|
1975
Trinity Industries
TRN
$2.92B
| $717K | ﹤0.01% |
34,572
+1,340
| +4% | +$28.5K |
|
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.