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 | |
|---|---|---|---|---|---|---|
2101
Barclays
BCS
$87.8B
| $621K | ﹤0.01% |
83,368
+5,607
| +7% | +$44.3K |
|
2102
iShares Global Equity Factor ETF
GLOF
$211M
| $621K | ﹤0.01% |
21,212
-3,178
| -13% | -$92K |
|
2103
Workiva
WK
$3.45B
| $621K | ﹤0.01% |
+10,694
| New | +$573K |
|
2104
Stratasys
SSYS
$666M
| $620K | ﹤0.01% |
21,127
+1,170
| +6% | +$27.8K |
|
2105
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73M
| $619K | ﹤0.01% |
8,218
-1,875
| -19% | -$138K |
|
|
IBCE
2106
DELISTED
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF
IBCE
| $618K | ﹤0.01% |
25,201
+1,604
| +7% | +$38.8K |
|
2107
Maximus
MMS
$3.32B
| $617K | ﹤0.01% |
+8,501
| New | +$617K |
|
2108
Rapid7
RPD
$628M
| $617K | ﹤0.01% |
10,676
-4,891
| -31% | -$257K |
|
|
ETG
2109
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.74B
| $615K | ﹤0.01% |
38,302
-3,054
| -7% | -$48K |
|
2110
Cousins Properties
CUZ
$5.31B
| $614K | ﹤0.01% |
+16,969
| New | +$638K |
|
2111
Global X Alternative Income ETF
ALTY
$45.5M
| $613K | ﹤0.01% |
40,970
-4,500
| -10% | -$66.9K |
|
2112
Energizer
ENR
$1.47B
| $613K | ﹤0.01% |
15,872
-508
| -3% | -$22.7K |
|
2113
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$382M
| $612K | ﹤0.01% |
9,218
+994
| +12% | +$63.1K |
|
|
VGR
2114
DELISTED
Vector Group Ltd.
VGR
| $611K | ﹤0.01% |
92,853
-8,068
| -8% | -$53.9K |
|
2115
LKQ Corp
LKQ
$6.72B
| $610K | ﹤0.01% |
22,834
-2,486
| -10% | -$69.6K |
|
|
PPLT
2116
abrdn Physical Platinum Shares ETF
PPLT
$1.83B
| $610K | ﹤0.01% |
77,380
-5,470
| -7% | -$43.7K |
|
2117
Invesco S&P MidCap 400 Pure Value ETF
RFV
$336M
| $609K | ﹤0.01% |
9,086
-163
| -2% | -$10.8K |
|
2118
Tidewater
TDW
$3.63B
| $609K | ﹤0.01% |
25,948
+48
| +0.2% | +$1.1K |
|
2119
Valley National Bancorp
VLY
$7.9B
| $609K | ﹤0.01% |
56,501
+7,874
| +16% | +$80.7K |
|
2120
First Merchants
FRME
$2.69B
| $607K | ﹤0.01% |
+16,020
| New | +$587K |
|
2121
Clarus
CLAR
$125M
| $606K | ﹤0.01% |
42,136
-4,742
| -10% | -$63.2K |
|
2122
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$341M
| $606K | ﹤0.01% |
13,651
-409
| -3% | -$18.1K |
|
2123
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.46B
| $606K | ﹤0.01% |
14,056
+7,744
| +123% | +$329K |
|
2124
RB Global
RBA
$21.5B
| $606K | ﹤0.01% |
18,242
+229
| +1% | +$7.84K |
|
2125
iShares MSCI India Small-Cap ETF
SMIN
$750M
| $605K | ﹤0.01% |
15,642
+307
| +2% | +$12K |
|
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.