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 | |
|---|---|---|---|---|---|---|
2276
Renaissance IPO ETF
IPO
$153M
| $570K | ﹤0.01% |
14,089
+977
| +7% | +$33.1K |
|
|
PS
2277
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $570K | ﹤0.01% |
31,569
+19,364
| +159% | +$328K |
|
2278
Box
BOX
$4.37B
| $569K | ﹤0.01% |
27,413
-3,535
| -11% | -$62.1K |
|
2279
LKQ Corp
LKQ
$5.68B
| $569K | ﹤0.01% |
21,714
-3,428
| -14% | -$84.3K |
|
2280
CNX Resources
CNX
$5.3B
| $568K | ﹤0.01% |
65,625
-3,500
| -5% | -$35.2K |
|
2281
Planet Fitness
PLNT
$4.42B
| $568K | ﹤0.01% |
9,380
-716
| -7% | -$43K |
|
|
NBIS
2282
Nebius Group N.V.
NBIS
$48.3B
| $568K | ﹤0.01% |
11,353
-1,192
| -10% | -$47.7K |
|
2283
HF Sinclair
DINO
$16.3B
| $567K | ﹤0.01% |
19,420
+1,362
| +8% | +$40.5K |
|
|
SNV
2284
DELISTED
Synovus
SNV
| $565K | ﹤0.01% |
27,526
+6,334
| +30% | +$123K |
|
2285
Vistra
VST
$50B
| $565K | ﹤0.01% |
30,334
+8,525
| +39% | +$161K |
|
2286
AMC Global Media
AMCX
$492M
| $564K | ﹤0.01% |
24,108
+251
| +1% | +$6.58K |
|
2287
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $563K | ﹤0.01% |
27,966
-9,598
| -26% | -$192K |
|
2288
Restaurant Brands International
QSR
$25.7B
| $563K | ﹤0.01% |
10,305
+1,667
| +19% | +$84.1K |
|
2289
Nuveen Real Estate Income Fund
JRS
$249M
| $562K | ﹤0.01% |
75,257
-4,053
| -5% | -$29.5K |
|
2290
AdvisorShares Insider Advantage ETF
SURE
$56.6M
| $562K | ﹤0.01% |
8,478
-1,903
| -18% | -$121K |
|
2291
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.15B
| $561K | ﹤0.01% |
4,642
-1,054
| -19% | -$120K |
|
|
VGR
2292
DELISTED
Vector Group Ltd.
VGR
| $561K | ﹤0.01% |
78,648
+5,962
| +8% | +$45.6K |
|
2293
Arrowhead Research
ARWR
$11.9B
| $560K | ﹤0.01% |
12,963
+1,143
| +10% | +$40.3K |
|
2294
JPMorgan BetaBuilders Canada ETF
BBCA
$10.9B
| $560K | ﹤0.01% |
12,391
-61
| -0.5% | -$2.6K |
|
2295
ProShares Decline of the Retail Store ETF
EMTY
$2.94M
| $559K | ﹤0.01% |
8,815
-1,581
| -15% | -$121K |
|
2296
iShares S&P India Nifty 50 Index Fund
INDY
$562M
| $558K | ﹤0.01% |
18,042
-44,304
| -71% | -$1.25M |
|
2297
Acadia Healthcare
ACHC
$2.76B
| $556K | ﹤0.01% |
22,119
+2,966
| +15% | +$74K |
|
2298
Kite Realty
KRG
$5.81B
| $556K | ﹤0.01% |
48,201
+1,026
| +2% | +$10.3K |
|
2299
Intellia Therapeutics
NTLA
$1.49B
| $556K | ﹤0.01% |
26,441
+14,409
| +120% | +$245K |
|
2300
ProShares Ultra QQQ
QLD
$12.7B
| $556K | ﹤0.01% |
30,120
-8,632
| -22% | -$132K |
|
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.