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 | |
|---|---|---|---|---|---|---|
2176
Invesco S&P SmallCap Industrials ETF
PSCI
$180M
| $572K | ﹤0.01% |
8,592
-238
| -3% | -$15.4K |
|
2177
State Street SPDR S&P Global Dividend ETF
WDIV
$278M
| $572K | ﹤0.01% |
8,473
-377
| -4% | -$25.3K |
|
|
AVLR
2178
DELISTED
Avalara, Inc.
AVLR
| $572K | ﹤0.01% |
7,918
+3,132
| +65% | +$202K |
|
|
FTF
2179
Franklin Limited Duration Income Trust
FTF
$231M
| $571K | ﹤0.01% |
59,262
+4,344
| +8% | +$41.9K |
|
2180
Pembina Pipeline
PBA
$29.3B
| $571K | ﹤0.01% |
15,352
-157
| -1% | -$5.72K |
|
|
JDIV
2181
DELISTED
JPMorgan U.S. Dividend ETF
JDIV
| $571K | ﹤0.01% |
21,640
| – | – |
|
|
SRCL
2182
DELISTED
Stericycle Inc
SRCL
| $569K | ﹤0.01% |
11,950
-6,055
| -34% | -$308K |
|
2183
Yeti Holdings
YETI
$3.87B
| $568K | ﹤0.01% |
19,621
+10,620
| +118% | +$306K |
|
2184
Tetra Tech
TTEK
$8.77B
| $567K | ﹤0.01% |
+36,125
| New | +$487K |
|
2185
Vale
VALE
$62.3B
| $567K | ﹤0.01% |
42,178
-11,375
| -21% | -$146K |
|
|
JPGE
2186
DELISTED
JPMorgan Diversified Return Global Equity ETF
JPGE
| $567K | ﹤0.01% |
9,530
+187
| +2% | +$11.1K |
|
|
RORE
2187
DELISTED
Hartford Multifactor REIT ETF
RORE
| $566K | ﹤0.01% |
37,084
+3,262
| +10% | +$50.7K |
|
2188
Burlington
BURL
$23.4B
| $565K | ﹤0.01% |
3,318
-29,389
| -90% | -$4.8M |
|
2189
PTC
PTC
$15.3B
| $565K | ﹤0.01% |
6,289
-541
| -8% | -$48.5K |
|
2190
Prudential
PUK
$36.4B
| $564K | ﹤0.01% |
13,262
+222
| +2% | +$9.24K |
|
2191
Q2 Holdings
QTWO
$3.78B
| $563K | ﹤0.01% |
7,376
-141
| -2% | -$10.2K |
|
2192
iShares MSCI Philippines ETF
EPHE
$132M
| $562K | ﹤0.01% |
15,794
-1,922
| -11% | -$66.4K |
|
|
LSXMA
2193
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $562K | ﹤0.01% |
20,585
+212
| +1% | +$5.86K |
|
2194
Littelfuse
LFUS
$10.4B
| $561K | ﹤0.01% |
3,157
+1,397
| +79% | +$253K |
|
2195
Papa John's
PZZA
$1.01B
| $561K | ﹤0.01% |
12,536
+996
| +9% | +$49.1K |
|
2196
RELX
RELX
$66.8B
| $561K | ﹤0.01% |
22,983
-2,818
| -11% | -$64.8K |
|
|
WBC
2197
DELISTED
WABCO HOLDINGS INC.
WBC
| $560K | ﹤0.01% |
4,230
-2,289
| -35% | -$302K |
|
2198
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.45B
| $558K | ﹤0.01% |
18,493
+925
| +5% | +$27.3K |
|
|
MNK
2199
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $558K | ﹤0.01% |
60,817
-18,676
| -23% | -$270K |
|
2200
QuinStreet
QNST
$927M
| $556K | ﹤0.01% |
35,093
+13,576
| +63% | +$203K |
|
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.