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 |
Vanguard Total Bond Market
BND
|
+$248M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$157M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$130M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$105M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$82.3M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$82.1M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$38.4M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$35.9M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.49% |
| 2 | Financials | 2.7% |
| 3 | Healthcare | 2.33% |
| 4 | Industrials | 2.12% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
UBS Group
UBS
$173B
| $566K | ﹤0.01% |
46,766
-2,063
| -4% | -$26.1K |
|
2127
Bio-Techne
TECH
$11.2B
| $565K | ﹤0.01% |
11,336
+812
| +8% | +$36.5K |
|
2128
Globant
GLOB
$1.58B
| $564K | ﹤0.01% |
7,973
+3,041
| +62% | +$205K |
|
2129
Towne Bank
TOWN
$3.46B
| $564K | ﹤0.01% |
22,800
-2,200
| -9% | -$57.8K |
|
2130
CVR Partners
UAN
$1.36B
| $564K | ﹤0.01% |
14,239
-15
| -0.1% | -$571 |
|
2131
United Fire Group
UFCS
$1.32B
| $564K | ﹤0.01% |
+12,900
| New | +$645K |
|
|
VIA
2132
DELISTED
Viacom Inc. Class A
VIA
| $564K | ﹤0.01% |
17,384
-196
| -1% | -$6.53K |
|
|
GRES
2133
DELISTED
IQ ARB Global Resources
GRES
| $564K | ﹤0.01% |
20,583
-1,038
| -5% | -$27.9K |
|
|
SBNY
2134
DELISTED
Signature Bank
SBNY
| $564K | ﹤0.01% |
4,377
+437
| +11% | +$55.6K |
|
2135
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.22B
| $562K | ﹤0.01% |
18,101
+1,927
| +12% | +$57.2K |
|
|
WSR
2136
DELISTED
Whitestone REIT
WSR
| $562K | ﹤0.01% |
46,767
-3,803
| -8% | -$50.3K |
|
|
LSXMA
2137
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $562K | ﹤0.01% |
20,373
+5,581
| +38% | +$159K |
|
|
SRC
2138
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $562K | ﹤0.01% |
14,151
-2,571
| -15% | -$98K |
|
|
CS
2139
DELISTED
Credit Suisse Group
CS
| $562K | ﹤0.01% |
48,237
-21,931
| -31% | -$262K |
|
|
FRC
2140
DELISTED
First Republic Bank
FRC
| $562K | ﹤0.01% |
5,597
+673
| +14% | +$66.3K |
|
|
LDRS
2141
DELISTED
Innovator IBD ETF Leaders ETF
LDRS
| $562K | ﹤0.01% |
26,269
-3,433
| -12% | -$73.5K |
|
2142
Ollie's Bargain Outlet
OLLI
$4.44B
| $560K | ﹤0.01% |
6,562
+114
| +2% | +$9.19K |
|
|
USG
2143
DELISTED
Usg
USG
| $560K | ﹤0.01% |
12,933
-22,013
| -63% | -$949K |
|
|
MNR
2144
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $560K | ﹤0.01% |
42,514
+20,078
| +89% | +$266K |
|
2145
BorgWarner
BWA
$13.1B
| $559K | ﹤0.01% |
16,523
+2,524
| +18% | +$87.3K |
|
|
CIF
2146
DELISTED
MFS Intermediate High Income Fund
CIF
| $558K | ﹤0.01% |
218,897
-37,420
| -15% | -$89.4K |
|
|
ALE
2147
DELISTED
Allete
ALE
| $557K | ﹤0.01% |
6,777
-181
| -3% | -$14.3K |
|
|
FDIQ
2148
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$52.2M
| $557K | ﹤0.01% |
11,436
-979
| -8% | -$49.7K |
|
2149
Invesco S&P SmallCap Industrials ETF
PSCI
$184M
| $556K | ﹤0.01% |
8,830
+535
| +6% | +$33.3K |
|
|
EXK
2150
Endeavour Silver
EXK
$2.23B
| $555K | ﹤0.01% |
220,258
-3,347
| -1% | -$7.96K |
|
Similar funds
LPL Financial's Q1 2019 Portfolio in Review
As of Q1 2019, LPL Financial held 3,299 positions worth $44B, up 17% from $37.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $2.2B of net new capital in Q1 2019, opening 230 new positions and adding to 1,809 existing holdings. Its largest new stake was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
By sector, the portfolio is most concentrated in Technology at 3.5% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, an estimated $82.3M trimmed.
- LPL Financial's largest Q1 2019 buy was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2019, an estimated $248M increase.
- LPL Financial's biggest Q1 2019 reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, cutting an estimated $82.3M.
- LPL Financial fully exited Invesco Russell 2000 Equal Weight ETF in Q1 2019, selling an estimated $6.56M.
- LPL Financial's ten largest holdings make up 24% of its $44B portfolio in Q1 2019.
- LPL Financial opened 230 new positions and closed 117 in Q1 2019.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $44B.
Based on LPL Financial's 13F filing for Q1 2019, filed 8 May 2019.