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 | |
|---|---|---|---|---|---|---|
2126
Qualys
QLYS
$5.1B
| $687K | ﹤0.01% |
6,604
+2,334
| +55% | +$245K |
|
2127
Graphic Packaging
GPK
$3.17B
| $684K | ﹤0.01% |
48,883
+1,169
| +2% | +$15.7K |
|
2128
Integer Holdings
ITGR
$4.12B
| $683K | ﹤0.01% |
9,351
-54
| -0.6% | -$3.93K |
|
|
FEN
2129
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $683K | ﹤0.01% |
63,104
-4,295
| -6% | -$48K |
|
|
MGF
2130
Aberdeen Government Markets Income Fund
MGF
$91.6M
| $682K | ﹤0.01% |
148,230
+745
| +0.5% | +$3.49K |
|
2131
Autohome
ATHM
$2.67B
| $681K | ﹤0.01% |
9,020
+1,495
| +20% | +$117K |
|
|
BSMP
2132
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $681K | ﹤0.01% |
26,719
+10,542
| +65% | +$265K |
|
2133
Delek Logistics
DKL
$3.21B
| $680K | ﹤0.01% |
29,636
+7,730
| +35% | +$151K |
|
2134
ONE Gas
OGS
$4.87B
| $680K | ﹤0.01% |
8,829
-604
| -6% | -$48.8K |
|
2135
Stride
LRN
$3.41B
| $677K | ﹤0.01% |
24,853
+2,903
| +13% | +$69.8K |
|
2136
Tower Semiconductor
TSEM
$24.8B
| $677K | ﹤0.01% |
35,476
-474
| -1% | -$9.07K |
|
|
XHR
2137
Xenia Hotels & Resorts
XHR
$1.9B
| $677K | ﹤0.01% |
72,540
-3,736
| -5% | -$34.8K |
|
2138
Diodes
DIOD
$3.78B
| $674K | ﹤0.01% |
13,302
+590
| +5% | +$28.2K |
|
2139
iShares MSCI Global Sustainable Development Goals ETF
SDG
$169M
| $674K | ﹤0.01% |
9,893
-710
| -7% | -$45.1K |
|
2140
Apple Hospitality REIT
APLE
$3.9B
| $673K | ﹤0.01% |
69,720
-1,984
| -3% | -$18.9K |
|
2141
ICF International
ICFI
$1.46B
| $673K | ﹤0.01% |
10,383
+1,530
| +17% | +$100K |
|
|
TEI
2142
Templeton Emerging Markets Income Fund
TEI
$314M
| $673K | ﹤0.01% |
85,682
-26,946
| -24% | -$205K |
|
|
UHT
2143
Universal Health Realty Income Trust
UHT
$603M
| $671K | ﹤0.01% |
8,438
-217
| -3% | -$20.4K |
|
|
SWCH
2144
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $670K | ﹤0.01% |
37,576
+7,429
| +25% | +$130K |
|
2145
TechnipFMC
FTI
$28.1B
| $669K | ﹤0.01% |
131,379
+15,826
| +14% | +$92.2K |
|
|
SAFM
2146
DELISTED
Sanderson Farms Inc
SAFM
| $669K | ﹤0.01% |
5,775
+60
| +1% | +$7.71K |
|
2147
CVR Energy
CVI
$3.58B
| $668K | ﹤0.01% |
33,227
-1,140
| -3% | -$23K |
|
2148
Invesco 0-5 Yr US TIPS ETF
PBTP
$106M
| $668K | ﹤0.01% |
+26,241
| New | +$662K |
|
|
SFIX
2149
Stitch Fix
SFIX
$536M
| $668K | ﹤0.01% |
26,801
+5,971
| +29% | +$118K |
|
2150
Franklin Investment Grade Corporate ETF
FLCO
$577M
| $667K | ﹤0.01% |
25,183
-1,534
| -6% | -$39.3K |
|
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.