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 | |
|---|---|---|---|---|---|---|
2151
iShares US Oil Equipment & Services ETF
IEZ
$346M
| $584K | ﹤0.01% |
26,917
-44,192
| -62% | -$1.01M |
|
|
CCD
2152
Calamos Dynamic Convertible & Income Fund
CCD
$678M
| $583K | ﹤0.01% |
28,923
-505
| -2% | -$10K |
|
2153
Ziff Davis
ZD
$2B
| $583K | ﹤0.01% |
+7,543
| New | +$570K |
|
2154
SFL Corp
SFL
$1.61B
| $582K | ﹤0.01% |
46,486
+1,703
| +4% | +$21.5K |
|
2155
Vistra
VST
$48.2B
| $582K | ﹤0.01% |
25,685
+7,332
| +40% | +$184K |
|
|
AFT
2156
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $582K | ﹤0.01% |
38,920
+2,744
| +8% | +$41.2K |
|
2157
Commercial Metals
CMC
$7.53B
| $581K | ﹤0.01% |
32,552
+2,167
| +7% | +$35.4K |
|
2158
Ovintiv
OVV
$17B
| $581K | ﹤0.01% |
22,668
+6,239
| +38% | +$195K |
|
2159
Huntsman Corp
HUN
$2.1B
| $580K | ﹤0.01% |
28,371
+1,717
| +6% | +$36K |
|
2160
RenaissanceRe
RNR
$13.8B
| $580K | ﹤0.01% |
3,259
+5
| +0.2% | +$822 |
|
|
FRC
2161
DELISTED
First Republic Bank
FRC
| $580K | ﹤0.01% |
5,937
+340
| +6% | +$34.2K |
|
2162
Core Alternative Capital
CCOR
$28.3M
| $579K | ﹤0.01% |
21,224
-8,541
| -29% | -$232K |
|
|
NEWR
2163
DELISTED
New Relic, Inc.
NEWR
| $579K | ﹤0.01% |
6,694
-8,885
| -57% | -$878K |
|
2164
VanEck Energy Income ETF
EINC
$77.6M
| $578K | ﹤0.01% |
9,747
-1
| -0% | -$60 |
|
2165
New England Realty Associates
NEN
$199M
| $578K | ﹤0.01% |
9,802
| – | – |
|
2166
Nuveen ESG Large-Cap Value ETF
NULV
$2.17B
| $578K | ﹤0.01% |
19,116
+5,578
| +41% | +$165K |
|
2167
First Majestic Silver
AG
$7.52B
| $576K | ﹤0.01% |
72,799
+5,480
| +8% | +$34.6K |
|
|
WSR
2168
DELISTED
Whitestone REIT
WSR
| $575K | ﹤0.01% |
45,296
-1,471
| -3% | -$18.4K |
|
|
MGF
2169
Aberdeen Government Markets Income Fund
MGF
$90.9M
| $574K | ﹤0.01% |
125,586
+49,535
| +65% | +$224K |
|
|
THQ
2170
abrdn Healthcare Opportunities Fund
THQ
$784M
| $574K | ﹤0.01% |
32,203
+4,231
| +15% | +$72.6K |
|
|
MCA
2171
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $574K | ﹤0.01% |
40,458
-582
| -1% | -$8.08K |
|
|
IPFF
2172
DELISTED
iShares International Preferred Stock ETF
IPFF
| $574K | ﹤0.01% |
37,881
-10,235
| -21% | -$156K |
|
2173
Sabesp
SBS
$18.4B
| $573K | ﹤0.01% |
+242,738
| New | +$530K |
|
|
DHC
2174
Diversified Healthcare Trust
DHC
$2.15B
| $572K | ﹤0.01% |
69,173
-67,209
| -49% | -$560K |
|
2175
Globe Life
GL
$14B
| $572K | ﹤0.01% |
+6,396
| New | +$558K |
|
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.