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
|
+$195M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$96.8M |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$89.9M |
| 4 |
First Trust Value Line Dividend Fund
FVD
|
+$89.8M |
| 5 |
Vanguard Total Bond Market
BND
|
+$76.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$43.7M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$40.7M |
| 3 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
+$40.2M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$38.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.06% |
| 2 | Financials | 2.86% |
| 3 | Healthcare | 2.41% |
| 4 | Communication Services | 2.14% |
| 5 | Consumer Discretionary | 2.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Middleby
MIDD
$6.03B
| $674K | ﹤0.01% |
6,154
+318
| +5% | +$36.5K |
|
2127
Hubbell
HUBB
$25B
| $671K | ﹤0.01% |
4,542
-523
| -10% | -$74.5K |
|
|
SCPL
2128
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $669K | ﹤0.01% |
+54,450
| New | +$578K |
|
|
SRCL
2129
DELISTED
Stericycle Inc
SRCL
| $668K | ﹤0.01% |
10,508
-161
| -2% | -$9.52K |
|
2130
Cameco
CCJ
$38.4B
| $665K | ﹤0.01% |
74,684
-4,582
| -6% | -$42.4K |
|
2131
US Foods
USFD
$22.1B
| $664K | ﹤0.01% |
15,860
+2,687
| +20% | +$108K |
|
2132
ING
ING
$99.8B
| $663K | ﹤0.01% |
55,039
-29,397
| -35% | -$337K |
|
2133
NeoGenomics
NEO
$2.04B
| $661K | ﹤0.01% |
22,604
+1,315
| +6% | +$31.3K |
|
2134
iShares MSCI Chile ETF
ECH
$1.02B
| $660K | ﹤0.01% |
19,807
+3,946
| +25% | +$136K |
|
2135
Avista
AVA
$3.39B
| $659K | ﹤0.01% |
13,700
-190
| -1% | -$9.05K |
|
2136
Extra Space Storage
EXR
$31.3B
| $658K | ﹤0.01% |
6,230
+1,086
| +21% | +$118K |
|
2137
Bio-Techne
TECH
$11.2B
| $657K | ﹤0.01% |
12,040
-588
| -5% | -$30.9K |
|
2138
Impinj
PI
$4.49B
| $655K | ﹤0.01% |
25,348
+198
| +0.8% | +$6.16K |
|
2139
Commercial Metals
CMC
$7.57B
| $654K | ﹤0.01% |
29,384
+1,915
| +7% | +$38.8K |
|
2140
JB Hunt Transport Services
JBHT
$25.3B
| $654K | ﹤0.01% |
5,603
-4,893
| -47% | -$562K |
|
2141
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$155M
| $654K | ﹤0.01% |
11,237
-46
| -0.4% | -$2.57K |
|
2142
Wintrust Financial
WTFC
$10.8B
| $654K | ﹤0.01% |
9,227
+452
| +5% | +$30.1K |
|
|
WPX
2143
DELISTED
WPX Energy, Inc.
WPX
| $654K | ﹤0.01% |
47,593
-15,385
| -24% | -$164K |
|
2144
Fluor
FLR
$6.99B
| $652K | ﹤0.01% |
34,548
-701
| -2% | -$12.7K |
|
2145
iShares MSCI World ETF
URTH
$7.98B
| $652K | ﹤0.01% |
6,605
-227
| -3% | -$21.6K |
|
2146
Editas Medicine
EDIT
$413M
| $651K | ﹤0.01% |
21,970
+5,836
| +36% | +$146K |
|
2147
RenaissanceRe
RNR
$13.2B
| $651K | ﹤0.01% |
3,320
+18
| +0.5% | +$3.41K |
|
|
NTG
2148
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $651K | ﹤0.01% |
+5,944
| New | +$655K |
|
|
VG
2149
DELISTED
Vonage Holdings Corporation
VG
| $651K | ﹤0.01% |
87,817
-2,200
| -2% | -$19K |
|
2150
Tidewater
TDW
$3.65B
| $650K | ﹤0.01% |
33,693
+5,958
| +21% | +$95.1K |
|
Similar funds
LPL Financial's Q4 2019 Portfolio in Review
As of Q4 2019, LPL Financial held 3,501 positions worth $55B, up 12% from $49.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $2.86B of net new capital in Q4 2019, opening 217 new positions and adding to 1,885 existing holdings. Its largest new stake was iShares MSCI Italy ETF: 448,375 shares worth $13.2M.
By sector, the portfolio is most concentrated in Technology at 4.1% of assets, up from 3.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI USA Momentum Factor ETF, an estimated $43.7M trimmed.
- LPL Financial's largest Q4 2019 buy was iShares MSCI Italy ETF: 448,375 shares worth $13.2M.
- LPL Financial added most to iShares MSCI USA Quality Factor ETF in Q4 2019, an estimated $195M increase.
- LPL Financial's biggest Q4 2019 reduction was iShares MSCI USA Momentum Factor ETF, cutting an estimated $43.7M.
- LPL Financial fully exited iShares iBonds Dec 2019 Term Corporate ETF in Q4 2019, selling an estimated $16.8M.
- LPL Financial's ten largest holdings make up 22% of its $55B portfolio in Q4 2019.
- LPL Financial opened 217 new positions and closed 160 in Q4 2019.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $55B.
Based on LPL Financial's 13F filing for Q4 2019, filed 14 Feb 2020.