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 | |
|---|---|---|---|---|---|---|
|
TGH
2226
DELISTED
Textainer Group Holdings limited
TGH
| $542K | ﹤0.01% |
53,729
-261
| -0.5% | -$2.57K |
|
2227
Grand Canyon Education
LOPE
$4.22B
| $540K | ﹤0.01% |
4,611
-332
| -7% | -$39.6K |
|
2228
Performance Food Group
PFGC
$18.3B
| $540K | ﹤0.01% |
+13,480
| New | +$540K |
|
2229
Smith & Nephew
SNN
$13.7B
| $540K | ﹤0.01% |
12,394
-8,591
| -41% | -$356K |
|
2230
Azenta
AZTA
$1.3B
| $539K | ﹤0.01% |
13,898
-162
| -1% | -$5.81K |
|
2231
Mizuho Financial
MFG
$120B
| $538K | ﹤0.01% |
186,797
+75,629
| +68% | +$224K |
|
2232
Globant
GLOB
$1.65B
| $535K | ﹤0.01% |
5,245
-2,728
| -34% | -$238K |
|
2233
iShares MSCI Peru and Global Exposure ETF
EPU
$521M
| $533K | ﹤0.01% |
14,403
-842
| -6% | -$31.3K |
|
2234
Invesco Dorsey Wright Energy Momentum ETF
PXI
$58.5M
| $533K | ﹤0.01% |
17,897
-881
| -5% | -$26.8K |
|
2235
CVR Partners
UAN
$1.3B
| $533K | ﹤0.01% |
13,042
-1,197
| -8% | -$44.2K |
|
2236
America Movil
AMX
$74.6B
| $532K | ﹤0.01% |
36,569
+263
| +0.7% | +$3.89K |
|
2237
Semtech
SMTC
$9.65B
| $531K | ﹤0.01% |
11,042
+1,449
| +15% | +$70.4K |
|
2238
US Commodity Index
USCI
$370M
| $530K | ﹤0.01% |
14,327
-2,549
| -15% | -$96.3K |
|
|
FSFG
2239
DELISTED
First Savings Financial Group
FSFG
| $527K | ﹤0.01% |
26,364
-1,518
| -5% | -$28.9K |
|
|
PCH
2240
DELISTED
PotlatchDeltic
PCH
| $527K | ﹤0.01% |
13,508
-174
| -1% | -$6.54K |
|
2241
Marriott Vacations Worldwide
VAC
$3.53B
| $527K | ﹤0.01% |
5,462
+1,526
| +39% | +$151K |
|
2242
Pinnacle West Capital
PNW
$12.4B
| $526K | ﹤0.01% |
5,587
-515
| -8% | -$49.1K |
|
|
KTF
2243
DWS Municipal Income Trust
KTF
$345M
| $525K | ﹤0.01% |
46,558
-12,150
| -21% | -$135K |
|
2244
Invesco Dorsey Wright Financial Momentum ETF
PFI
$58.4M
| $523K | ﹤0.01% |
14,106
-1,944
| -12% | -$69.1K |
|
2245
Supernus Pharmaceuticals
SUPN
$2.7B
| $523K | ﹤0.01% |
15,797
-8,747
| -36% | -$300K |
|
2246
Cambria Shareholder Yield ETF
SYLD
$1B
| $523K | ﹤0.01% |
14,536
+672
| +5% | +$24.3K |
|
|
JMF
2247
DELISTED
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
| $522K | ﹤0.01% |
57,332
+27,170
| +90% | +$253K |
|
|
VIA
2248
DELISTED
Viacom Inc. Class A
VIA
| $521K | ﹤0.01% |
15,274
-2,110
| -12% | -$73K |
|
2249
iShares US Insurance ETF
IAK
$521M
| $520K | ﹤0.01% |
7,350
-190
| -3% | -$12.9K |
|
2250
EQT Corp
EQT
$32.9B
| $519K | ﹤0.01% |
32,842
-2,995
| -8% | -$57.5K |
|
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.