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 | |
|---|---|---|---|---|---|---|
|
MRC
2326
DELISTED
MRC Global
MRC
| $441K | ﹤0.01% |
25,245
+4,514
| +22% | +$73.6K |
|
|
CTRA
2327
DELISTED
Coterra Energy
CTRA
| $440K | ﹤0.01% |
16,855
-6,271
| -27% | -$157K |
|
2328
Primerica
PRI
$10.1B
| $440K | ﹤0.01% |
3,604
-445
| -11% | -$51.3K |
|
2329
WesBanco
WSBC
$3.97B
| $439K | ﹤0.01% |
11,038
+268
| +2% | +$10.8K |
|
|
IMVP
2330
Invesco India ETF
IMVP
$125M
| $438K | ﹤0.01% |
17,285
+600
| +4% | +$14.4K |
|
2331
First Horizon
FHN
$12.1B
| $436K | ﹤0.01% |
31,173
-4,835
| -13% | -$71.4K |
|
2332
Quaker Houghton
KWR
$2.83B
| $436K | ﹤0.01% |
2,176
-254
| -10% | -$50.4K |
|
2333
NewtekOne
NEWT
$422M
| $436K | ﹤0.01% |
22,207
-2,685
| -11% | -$52.1K |
|
|
TBCH
2334
Turtle Beach Corp
TBCH
$242M
| $436K | ﹤0.01% |
38,360
+21,822
| +132% | +$329K |
|
2335
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$627M
| $435K | ﹤0.01% |
18,390
+304
| +2% | +$7.01K |
|
2336
Marvell Technology
MRVL
$171B
| $434K | ﹤0.01% |
21,795
+3,227
| +17% | +$60.3K |
|
2337
Portland General Electric
POR
$5.65B
| $434K | ﹤0.01% |
8,375
+3,136
| +60% | +$153K |
|
|
TYBS
2338
DELISTED
Direxion Daily 20+ Year Treasury Bear 1X Shares
TYBS
| $434K | ﹤0.01% |
22,331
-16,166
| -42% | -$328K |
|
2339
PUT
Meta Platforms (Facebook)
META
$1.4T
| $433K | ﹤0.01% |
+2,600
| New | +$413K |
|
2340
Xerox
XRX
$425M
| $433K | ﹤0.01% |
13,545
-1,917
| -12% | -$54.1K |
|
2341
Allison Transmission
ALSN
$9.56B
| $432K | ﹤0.01% |
9,610
-12,578
| -57% | -$597K |
|
2342
Methode Electronics
MEI
$486M
| $430K | ﹤0.01% |
14,951
+2,834
| +23% | +$77.3K |
|
2343
Lincoln Electric
LECO
$14B
| $429K | ﹤0.01% |
5,113
-188
| -4% | -$16K |
|
|
NUVA
2344
DELISTED
NuVasive, Inc.
NUVA
| $429K | ﹤0.01% |
7,601
+699
| +10% | +$37.2K |
|
2345
Invesco Leisure and Entertainment ETF
PEJ
$260M
| $428K | ﹤0.01% |
9,980
-2,998
| -23% | -$127K |
|
|
VNTR
2346
DELISTED
Venator Materials PLC
VNTR
| $428K | ﹤0.01% |
76,182
+27,803
| +57% | +$148K |
|
|
PSXP
2347
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $428K | ﹤0.01% |
8,171
+667
| +9% | +$33.4K |
|
2348
Exelixis
EXEL
$13.7B
| $427K | ﹤0.01% |
17,924
+2,469
| +16% | +$56.3K |
|
|
WP
2349
DELISTED
Worldpay, Inc.
WP
| $427K | ﹤0.01% |
3,760
-1,940
| -34% | -$176K |
|
2350
Canadian Natural Resources
CNQ
$99.2B
| $426K | ﹤0.01% |
31,622
+9,256
| +41% | +$123K |
|
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.