SEC 13F Intelligence

Managers / Q4 2019 · view latest →

LPL Financial LLC

CIK 0001403438 · 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121 · 704-733-3300

Reported Value
$55.0B
Q4 2019
Positions
3,341
Filings on Record
30
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Lpl Financial LLC reported $55.0B in U.S.-listed holdings across 3,341 positions for Q4 2019.

Its largest position, Vanguard Index Fds, represents 3.1% of the portfolio.

Compared with Q3 2019, the fund opened 215 new positions and exited 171.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+21.6%
share of reported value
Largest Position
+3.1%
Vanguard Index Fds
New / Exited
215 / 171
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $37.6BQ4 ’18Q1 ’19: $44.0BQ2 ’19: $46.9BQ3 ’19: $49.1BQ4 ’19: $55.0BQ4 ’19Q1 ’20: $46.4BQ2 ’20: $57.4BQ3 ’20: $64.0BQ4 ’20: $77.2BQ4 ’20Q1 ’21: $87.0BQ2 ’21: $98.9BQ3 ’21: $106.5BQ4 ’21: $119.2BQ4 ’21Q1 ’22: $116.4BQ2 ’22: $105.3BQ3 ’22: $103.6BQ4 ’22: $116.8BQ4 ’22Q1 ’23: $128.5BQ2 ’23: $140.0BQ3 ’23: $142.8BQ4 ’23: $165.1BQ4 ’23Q1 ’24: $186.3BQ2 ’24: $200.8BQ3 ’24: $224.3BQ4 ’24: $246.0BQ4 ’24Q1 ’25: $257.1BQ2 ’25: $299.8BQ3 ’25: $343.1BQ4 ’25: $366.2BQ4 ’25Q1 ’26: $376.6Bfilingsflow.com

Portfolio Composition

By security type
ETP: 78.1%Common Stock: 18.2%Other: 1.3%Closed-End Fund: 0.8%REIT: 0.7%Other: 0.8%
  • ETP · 78.1% · $42.9B
  • Common Stock · 18.2% · $10.0B
  • Other · 1.3% · $723M
  • Closed-End Fund · 0.8% · $444M
  • REIT · 0.7% · $401M
  • Other · 0.8% · $448M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TFCTRUIST FINL CORPNEW+411.7K411.7K+$23M$23M
ISHARES INCNEW+448.4K448.4K+$13M$13M
ISHARES INCNEW+202.0K202.0K+$10M$10M
INNOVATOR ETFS TRNEW+193.1K193.1K+$5M$5M
AMPLIFY ETF TRNEW+232.2K232.2K+$4M$4M
DOCHEALTHPEAK PPTYS INCNEW+107.9K107.9K+$4M$4M
VIACOMCBS INCNEW+84.3K84.3K+$4M$4M
FLEXSHARES TRNEW+131.8K131.8K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE S&P MCP ETF · MSCI MIN VOL ETF · CORE S&P US GWT · USA QUALITY FCTR · CORE US AGGBD ET · CORE MSCI EAFE · CORE S&P US VLU · RUSSELL 2000 ETF · S&P 500 GRWT ETF · RUS 1000 GRW ETF · CORE S&P SCP ETF · BROAD USD HIGH · US TREAS BD ETF · S&P 500 VAL ETF · TIPS BD ETF · CORE S&P TTL STK · JPMORGAN USD EMG · MBS ETF · 1 3 YR TREAS BD · RUS 1000 VAL ETF22.61%$12.4B135.05M
2VTVVANGUARD INDEX FDSTOTAL STK MKT · VALUE ETF · GROWTH ETF · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF6.88%$3.8B22.69M
3VANGUARD BD INDEX FD INCTOTAL BND MRKT · SHORT TRM BOND3.25%$1.8B21.46M
4NDQINVESCO QQQ TRhistory →UNIT SER 11.98%$1.1B5.12M
5SPDR S&P 500 ETF TRTR UNIT1.95%$1.1B3.33M
6VANGUARD SCOTTSDALE FDSINT-TERM CORP1.90%$1.0B11.41M
7ISHARES INCCORE MSCI EMKT1.81%$997M18.54M
8AAPLAPPLE INChistory →COM1.36%$746M2.54M
9FIRST TR VALUE LINE DIVID INSHS0.86%$474M13.16M
10VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.83%$458M10.40M
11XLFSELECT SECTOR SPDR TRSBI INT-FINL · TECHNOLOGY0.80%$442M9.85M
12VANGUARD GROUPDIV APP ETF0.71%$391M3.14M
13MSFTMICROSOFT CORPhistory →COM0.69%$381M2.42M
14AMZNAMAZON COM INChistory →COM0.68%$371M201.0K
15VANGUARD WHITEHALL FDS INCHIGH DIV YLD0.55%$301M3.21M
16VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.47%$259M5.83M
17VANGUARD WORLD FDSINF TECH ETF0.45%$249M1.02M
18SPDR DOW JONES INDL AVRG ETFUT SER 10.44%$242M849.7K
19VANGUARD CHARLOTTE FDSINTL BD IDX ETF0.44%$241M4.26M
20INVESCO EXCHNG TRADED FD TRS&P500 LOW VOL0.44%$239M4.10M
21TAT&T INChistory →COM0.38%$210M5.38M
22GOLDMAN SACHS ETF TREQUITY ETF0.38%$206M3.19M
23BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.37%$204M901.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$376.6B5,964May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$366.2B5,869Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$343.1B5,793Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$299.8B5,548Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$257.1B5,344May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$246.0B5,274Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$224.3B5,156Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$200.8B5,007Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$186.3B4,909May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$165.1B4,792Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$142.8B4,684Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$140.0B4,584Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$128.5B4,482May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$116.8B4,451Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$103.6B4,416Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$105.3B4,418Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$116.4B4,174May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$119.2B4,335Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$106.5B4,319Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$98.9B4,218Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$87.0B4,071May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$77.2B3,805Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$64.0B3,545Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$57.4B3,458Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$46.4B3,202May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$55.0B3,341Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$49.1B3,286Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$46.9B3,275Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$44.0B3,182May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$37.6B3,070Feb 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.