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Asset Manager ← All Institutions

LPL Financial LLC

4707 EXECUTIVE DRIVE, SAN DIEGO, CA 92121 • 704-733-3300

Q2 2025 · Filed 2025-08-12
Market Value
$299.5B
+16.6%
Holdings
7,854
+232
New Purchases
232
Added To
3,500
Closed
2,466
Reduced
1,558
Top 10 Concentration
15.3%
Turnover
34.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 1.66% 1.22% +0.44% $5.0B
MSFT 1.49% 1.22% +0.26% $4.5B
AVGO 0.53% 0.35% +0.18% $1.6B
THRO 0.19% 0.02% +0.16% $555M
CGDV 0.57% 0.41% +0.16% $1.7B
IEMG 0.86% 0.72% +0.14% $2.6B
EFV 0.48% 0.35% +0.14% $1.4B
QQQ 1.87% 1.74% +0.13% $5.6B
IAGG 0.14% 0.02% +0.12% $414M
META 0.65% 0.54% +0.11% $2.0B
QQQM 0.67% 0.56% +0.11% $2.0B
CGGR 0.41% 0.30% +0.10% $1.2B
NFLX 0.35% 0.25% +0.10% $1.0B
AMZN 1.09% 0.99% +0.10% $3.3B
PLTR 0.22% 0.14% +0.08% $669M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 1.93% 2.32% -0.38% $5.8B
AAPL 1.47% 1.76% -0.29% $4.4B
IUSB 0.73% 0.86% -0.13% $2.2B
EMXC 0.06% 0.18% -0.12% $180M
GOVT 0.81% 0.92% -0.11% $2.4B
BRK-B 0.52% 0.61% -0.09% $1.5B
MBB 0.79% 0.89% -0.09% $2.4B
XLV 0.31% 0.39% -0.09% $921M
UNH 0.13% 0.21% -0.08% $393M
SCHD 0.35% 0.42% -0.08% $1.0B
SPYV 0.79% 0.85% -0.06% $2.4B
VTV 0.61% 0.67% -0.06% $1.8B
XLE 0.19% 0.24% -0.06% $563M
CVX 0.18% 0.23% -0.06% $525M
COWZ 0.40% 0.45% -0.06% $1.2B

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 87.6%
Healthcare 2.3%
Industrials 2.3%
Technology 1.7%
Consumer Cyclical 1.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 74 $78.3B 26.2%
Large Cap 1,035 $150.1B 50.2%
Mid Cap 1,366 $45.1B 15.1%
Small Cap 1,947 $21.5B 7.2%
Micro Cap 1,605 $4.2B 1.4%

Portfolio Analytics

Avg Market Cap
$17.2B
Median Market Cap
$1.2B
Avg P/E
28.8
Median P/E
18.3
Avg Dividend Yield
0.04%
Avg Beta
1.85
# Stocks
3,418
# ETFs / Funds
2,628

Top Holdings (7,854 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPY 1.99% 9,630,183 $6.0B $617.85 $889M +582,235 +6.4%
2 IVV 1.93% 9,316,636 $5.8B $620.90 -$163M -1,268,261 -12.0%
3 QQQ 1.87% 10,153,109 $5.6B $551.64 $1.1B +607,954 +6.4%
4 NVDA 1.66% 31,445,567 $5.0B $157.99 $1.8B +2,555,506 +8.8%
5 MSFT 1.49% 8,960,405 $4.5B $497.41 $1.3B +575,497 +6.9%
6 AAPL 1.47% 21,497,413 $4.4B $205.17 -$116M +1,107,913 +5.4%
7 VTI 1.37% 13,517,198 $4.1B $303.93 $536M +520,478 +4.0%
8 SPYG 1.21% 37,858,343 $3.6B $95.32 $710M +1,787,487 +5.0%
9 QUAL 1.19% 19,465,105 $3.6B $182.82 $451M +1,278,462 +7.0%
10 VOO 1.16% 6,115,211 $3.5B $568.03 $559M +444,501 +7.8%
11 AMZN 1.09% 14,855,835 $3.3B $219.39 $710M +1,448,392 +10.8%
12 SPLG 1.09% 44,732,770 $3.3B $72.69 $492M +2,772,079 +6.6%
13 IEFA 1.06% 37,945,267 $3.2B $83.48 $427M +1,722,771 +4.8%
14 IEMG 0.86% 42,885,143 $2.6B $60.03 $716M +8,451,688 +24.5%
15 GOVT 0.81% 105,719,785 $2.4B $22.98 $62M +2,728,177 +2.6%
16 MBB 0.79% 25,351,019 $2.4B $93.89 $105M +1,088,417 +4.5%
17 SPYV 0.79% 45,142,578 $2.4B $52.34 $177M +2,350,130 +5.5%
18 VUG 0.78% 5,335,797 $2.3B $438.40 $498M +371,595 +7.5%
19 IUSB 0.73% 47,236,444 $2.2B $46.23 -$30M -813,071 -1.7%
20 IUSG 0.69% 13,644,205 $2.1B $150.40 $390M +564,793 +4.3%
21 IVW 0.68% 18,628,952 $2.1B $110.10 $294M -300,393 -1.6%
22 QQQM 0.67% 8,794,378 $2.0B $227.10 $558M +1,337,145 +17.9%
23 META 0.65% 2,651,212 $2.0B $738.09 $561M +225,390 +9.3%
24 XLK 0.64% 7,580,637 $1.9B $253.23 $393M +188,322 +2.5%
25 VTV 0.61% 10,341,422 $1.8B $176.74 $103M +356,413 +3.6%
26 IJR 0.59% 16,264,673 $1.8B $109.29 $115M +366,885 +2.3%
27 DYNF 0.59% 32,173,645 $1.8B $54.46 $373M +3,882,525 +13.7%
28 CGDV 0.57% 42,860,196 $1.7B $39.49 $643M +13,408,161 +45.5%
29 RDVY 0.54% 25,895,165 $1.6B $62.74 $238M +2,208,591 +9.3%
30 IJH 0.54% 25,959,512 $1.6B $62.02 $146M +867,800 +3.5%
31 VEA 0.53% 28,085,455 $1.6B $57.01 $228M +1,079,039 +4.0%
32 AVGO 0.53% 5,727,824 $1.6B $275.65 $688M +408,208 +7.7%
33 IVE 0.52% 7,911,905 $1.5B $195.42 $216M +934,622 +13.4%
34 BRK-B 0.52% 3,182,333 $1.5B $485.77 -$22M +238,942 +8.1%
35 IWM 0.51% 7,052,906 $1.5B $215.79 $146M +156,030 +2.3%
36 SPIB 0.50% 44,869,616 $1.5B $33.58 $103M +2,637,433 +6.2%
37 IWF 0.49% 3,489,415 $1.5B $424.58 $297M +209,344 +6.4%
38 EFV 0.48% 22,704,102 $1.4B $63.48 $554M +7,646,102 +50.8%
39 IUSV 0.48% 15,189,334 $1.4B $94.63 $105M +755,216 +5.2%
40 JPM 0.46% 4,799,864 $1.4B $289.91 $314M +408,242 +9.3%
41 GOOGL 0.45% 7,725,205 $1.4B $176.23 $268M +651,045 +9.2%
42 VIG 0.44% 6,509,697 $1.3B $204.67 $113M +224,272 +3.6%
43 GLD 0.43% 4,234,425 $1.3B $304.83 $163M +321,990 +8.2%
44 SPTI 0.42% 44,173,644 $1.3B $28.77 $178M +5,926,514 +15.5%
45 BUFR 0.42% 39,789,726 $1.3B $31.80 $62M -732,873 -1.8%
46 CGGR 0.41% 30,043,695 $1.2B $40.65 $439M +7,208,835 +31.6%
47 SPDW 0.41% 30,006,248 $1.2B $40.49 $96M -727,317 -2.4%
48 BIL 0.40% 13,136,942 $1.2B $91.73 $58M +636,569 +5.1%
49 BND 0.40% 16,286,869 $1.2B $73.63 $42M +525,788 +3.3%
50 COWZ 0.40% 21,569,753 $1.2B $55.10 $26M +340,333 +1.6%
51 DGRO 0.38% 17,607,648 $1.1B $63.94 $156M +1,910,056 +12.2%
52 MUB 0.37% 10,574,675 $1.1B $104.48 $57M +638,545 +6.4%
53 XLF 0.37% 20,888,469 $1.1B $52.37 $45M -179,356 -0.9%
54 COST 0.35% 1,072,379 $1.1B $989.94 $139M +97,002 +9.9%
55 DGRW 0.35% 12,468,833 $1.0B $83.74 $23M -323,852 -2.5%
56 NFLX 0.35% 777,459 $1.0B $1,339.13 $408M +97,798 +14.4%
57 SCHD 0.35% 39,215,993 $1.0B $26.50 -$45M +430,511 +1.1%
58 AGG 0.35% 10,438,250 $1.0B $99.20 $51M +489,642 +4.9%
59 GOOG 0.34% 5,704,311 $1.0B $177.39 $182M +390,356 +7.3%
60 SPSM 0.33% 23,401,632 $997M $42.60 $83M +968,299 +4.3%
61 V 0.33% 2,801,797 $995M $355.05 $69M +154,519 +5.8%
62 TSLA 0.33% 3,074,360 $977M $317.66 $264M +323,409 +11.8%
63 IYW 0.31% 5,416,010 $938M $173.27 $189M +80,250 +1.5%
64 VB 0.31% 3,925,111 $930M $236.98 $82M +98,858 +2.6%
65 RSP 0.31% 5,069,864 $921M $181.74 $10M -190,924 -3.6%
66 XLV 0.31% 6,833,969 $921M $134.79 -$91M -101,416 -1.5%
67 VONV 0.29% 10,190,509 $868M $85.21 $127M +1,212,799 +13.5%
68 JPST 0.29% 16,914,662 $857M $50.68 $90M +1,755,456 +11.6%
69 LLY 0.28% 1,079,737 $842M $779.53 -$809K +58,886 +5.8%
70 VTIP 0.28% 16,610,699 $835M $50.27 $94M +1,753,729 +11.8%
71 IWB 0.28% 2,447,669 $831M $339.57 $95M +46,559 +1.9%
72 SDVY 0.28% 23,536,432 $830M $35.28 $47M +162,418 +0.7%
73 VO 0.28% 2,966,756 $830M $279.83 $62M -3,685 -0.1%
74 VYM 0.27% 6,165,984 $822M $133.31 $79M +405,680 +7.0%
75 OEF 0.27% 2,679,008 $815M $304.35 $328M +880,096 +48.9%
76 SCHG 0.27% 27,854,880 $814M $29.21 $197M +3,247,710 +13.2%
77 SPHQ 0.27% 11,370,990 $810M $71.26 $144M +1,326,736 +13.2%
78 IWD 0.27% 4,165,225 $809M $194.23 $66M +215,832 +5.5%
79 VGT 0.27% 1,216,227 $807M $663.28 $106M -76,341 -5.9%
80 VCIT 0.27% 9,699,317 $804M $82.92 $40M +346,650 +3.7%
81 VONG 0.27% 7,307,001 $798M $109.20 $185M +704,449 +10.7%
82 VWO 0.26% 16,011,662 $792M $49.46 $116M +1,085,309 +7.3%
83 FVD 0.26% 17,691,185 $791M $44.70 $3M +33,051 +0.2%
84 USFR 0.26% 15,587,844 $784M $50.31 $140M +2,793,567 +21.8%
85 WMT 0.25% 7,755,412 $758M $97.78 $103M +295,986 +4.0%
86 FTCS 0.25% 8,139,650 $740M $90.89 $53M +475,255 +6.2%
87 ITOT 0.25% 5,466,061 $738M $135.04 $97M +212,382 +4.0%
88 SGOV 0.24% 7,203,964 $725M $100.69 $127M +1,260,296 +21.2%
89 TLH 0.24% 7,091,751 $721M $101.60 $164M +1,729,553 +32.3%
90 HD 0.24% 1,960,949 $719M $366.64 $53M +144,875 +8.0%
91 JEPQ 0.24% 13,109,446 $713M $54.40 $151M +2,258,381 +20.8%
92 DIA 0.23% 1,590,807 $701M $440.65 $31M -4,664 -0.3%
93 XLC 0.23% 6,439,543 $699M $108.53 $167M +923,284 +16.7%
94 JNJ 0.23% 4,535,241 $693M $152.75 -$20M +236,325 +5.5%
95 SPMD 0.23% 12,667,377 $689M $54.38 $19M -429,729 -3.3%
96 EFG 0.23% 6,074,325 $680M $112.00 $105M +325,135 +5.7%
97 IAU 0.23% 10,900,901 $680M $62.36 $20M -281,941 -2.5%
98 XOM 0.23% 6,295,268 $679M $107.80 -$16M +452,985 +7.8%
99 PLTR 0.22% 4,907,430 $669M $136.32 $310M +650,040 +15.3%
100 ABBV 0.21% 3,432,852 $637M $185.62 -$27M +260,604 +8.2%

Options Breakdown

173 Calls $44M Call Value 198 Puts $297M Put Value 6.75 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 14,200 $9M
NVDA 36,000 $6M
QQQ 7,300 $4M
V 5,900 $2M
PLTR 12,800 $2M
PFE 71,500 $2M
AAPL 6,600 $1M
AVGO 3,000 $827K
TSLA 2,500 $794K
NET 4,000 $783K

Top Puts

SymbolSharesValueStatus
QQQ 198,600 $110M
SPY 130,400 $81M
AAPL 46,900 $10M
C 82,100 $7M
MSFT 12,100 $6M
NVDA 31,500 $5M
TFC 111,200 $5M
ACN 15,400 $5M
AMZN 20,000 $4M
META 5,900 $4M

New Positions

SymbolValue% Port
JMTG $235M 0.08%
RGLO $52M 0.02%
HIDV $24M 0.01%
RINT $22M 0.01%
RKLB $19M 0.01%
KVLE $17M 0.01%
B $16M 0.01%
REMG $15M —%
OAKM $14M —%
CGMM $9M —%
RUSC $8M —%
QTOP $8M —%
FMUN $7M —%
$5M —%
PTRB $5M —%

Sold Out Positions

SymbolValue% Port
NXRT —%
ASIX —%
PRA —%
EAF —%
ONDS —%
FOSL —%
JCTC —%
ADV —%
CAC —%
INTZ —%
MLKN —%
ARHS —%
FLGT —%
CTRN —%
HBCP —%
View SEC EDGAR Filings for LPL Financial LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms