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 |
Vanguard Total Bond Market
BND
|
+$248M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$157M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$130M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$105M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$82.3M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$82.1M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$38.4M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$35.9M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.49% |
| 2 | Financials | 2.7% |
| 3 | Healthcare | 2.33% |
| 4 | Industrials | 2.12% |
| 5 | Communication Services | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZMLP
2251
DELISTED
Direxion Zacks MLP High Income Index Shares
ZMLP
| $483K | ﹤0.01% |
4,439
+2,116
| +91% | +$229K |
|
|
FL
2252
DELISTED
Foot Locker
FL
| $482K | ﹤0.01% |
7,959
-5,396
| -40% | -$314K |
|
2253
BlackRock Enhanced Captial and Income Fund
CII
$982M
| $481K | ﹤0.01% |
30,492
-765
| -2% | -$11.8K |
|
2254
Ericsson
ERIC
$32.3B
| $481K | ﹤0.01% |
52,413
+27,047
| +107% | +$244K |
|
2255
APA Corp
APA
$12.9B
| $480K | ﹤0.01% |
13,850
-8,369
| -38% | -$273K |
|
2256
iShares US Insurance ETF
IAK
$511M
| $480K | ﹤0.01% |
7,540
-37
| -0.5% | -$2.32K |
|
|
ENLC
2257
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $479K | ﹤0.01% |
37,462
+13,505
| +56% | +$153K |
|
2258
Impinj
PI
$4.53B
| $478K | ﹤0.01% |
28,519
+3,135
| +12% | +$52.1K |
|
2259
Vistra
VST
$49.7B
| $478K | ﹤0.01% |
18,353
-1,231
| -6% | -$31.1K |
|
|
AMED
2260
DELISTED
Amedisys
AMED
| $477K | ﹤0.01% |
3,873
+1,308
| +51% | +$164K |
|
2261
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$463M
| $477K | ﹤0.01% |
7,328
-4,878
| -40% | -$307K |
|
2262
PUT
Apple
AAPL
$4.43T
| $475K | ﹤0.01% |
10,000
-15,600
| -61% | -$662K |
|
2263
Insulet
PODD
$11.4B
| $475K | ﹤0.01% |
4,994
+298
| +6% | +$25.5K |
|
2264
Stratasys
SSYS
$687M
| $475K | ﹤0.01% |
19,957
+5,778
| +41% | +$139K |
|
2265
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$476M
| $474K | ﹤0.01% |
8,398
+1,280
| +18% | +$68.2K |
|
2266
Everspin Technologies
MRAM
$337M
| $474K | ﹤0.01% |
+61,924
| New | +$451K |
|
2267
Mueller Water Products
MWA
$3.96B
| $474K | ﹤0.01% |
47,170
+3,258
| +7% | +$32.8K |
|
2268
Associated Banc-Corp
ASB
$5.83B
| $473K | ﹤0.01% |
22,138
+207
| +0.9% | +$4.56K |
|
2269
nLIGHT
LASR
$3.85B
| $473K | ﹤0.01% |
21,240
+6,072
| +40% | +$123K |
|
|
TCF
2270
DELISTED
TCF Financial Corporation
TCF
| $473K | ﹤0.01% |
22,871
+936
| +4% | +$20.4K |
|
|
FFA
2271
First Trust Enhanced Equity Income Fund
FFA
$450M
| $471K | ﹤0.01% |
31,361
+5,164
| +20% | +$74.7K |
|
2272
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$154M
| $470K | ﹤0.01% |
8,901
-264
| -3% | -$13.4K |
|
2273
Genpact
G
$5.98B
| $468K | ﹤0.01% |
13,313
-99
| -0.7% | -$3.13K |
|
|
CRZO
2274
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $468K | ﹤0.01% |
+37,525
| New | +$446K |
|
2275
RenaissanceRe
RNR
$13.3B
| $467K | ﹤0.01% |
3,254
+18
| +0.6% | +$2.52K |
|
Similar funds
LPL Financial's Q1 2019 Portfolio in Review
As of Q1 2019, LPL Financial held 3,299 positions worth $44B, up 17% from $37.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $2.2B of net new capital in Q1 2019, opening 230 new positions and adding to 1,809 existing holdings. Its largest new stake was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
By sector, the portfolio is most concentrated in Technology at 3.5% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, an estimated $82.3M trimmed.
- LPL Financial's largest Q1 2019 buy was Franklin US Large Cap Multifactor Index ETF: 162,551 shares worth $5.11M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2019, an estimated $248M increase.
- LPL Financial's biggest Q1 2019 reduction was VictoryShares US EQ Income Enhanced Volatility Wtd ETF, cutting an estimated $82.3M.
- LPL Financial fully exited Invesco Russell 2000 Equal Weight ETF in Q1 2019, selling an estimated $6.56M.
- LPL Financial's ten largest holdings make up 24% of its $44B portfolio in Q1 2019.
- LPL Financial opened 230 new positions and closed 117 in Q1 2019.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $44B.
Based on LPL Financial's 13F filing for Q1 2019, filed 8 May 2019.