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 Core S&P 500 ETF
IVV
|
+$166M |
| 2 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$133M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$126M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$120M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.1M |
| 2 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$42.7M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$38.3M |
| 4 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$36.5M |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.1% |
| 2 | Financials | 2.91% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.26% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
iShares US Industrials ETF
IYJ
$2B
| $26M | 0.07% |
358,958
+51,582
| +17% | +$3.88M |
|
227
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| $25.9M | 0.07% |
880,972
+696,933
| +379% | +$21.4M |
|
228
Broadcom
AVGO
$1.82T
| $25.6M | 0.07% |
1,085,660
+292,170
| +37% | +$7.36M |
|
229
RTX Corp
RTX
$294B
| $25.5M | 0.07% |
322,136
+53,611
| +20% | +$4.43M |
|
230
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $25.5M | 0.07% |
255,627
+3,527
| +1% | +$354K |
|
231
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $25.4M | 0.07% |
96,600
-800
| -0.8% | -$218K |
|
232
FedEx
FDX
$73.5B
| $25.1M | 0.07% |
104,506
+24,277
| +30% | +$6.14M |
|
233
iShares US Real Estate ETF
IYR
$4.73B
| $24.6M | 0.07% |
326,211
+5,012
| +2% | +$380K |
|
234
Oracle
ORCL
$345B
| $24.5M | 0.07% |
534,589
+53,007
| +11% | +$2.64M |
|
235
VanEck Morningstar Wide Moat ETF
MOAT
$11.7B
| $24.1M | 0.07% |
582,252
+156,294
| +37% | +$6.78M |
|
236
Gilead Sciences
GILD
$162B
| $24M | 0.07% |
318,897
-12,710
| -4% | -$1.01M |
|
237
Dominion Energy
D
$61.8B
| $24M | 0.07% |
355,572
+172,751
| +94% | +$12.8M |
|
238
iShares US Financials ETF
IYF
$4.68B
| $23.8M | 0.07% |
404,314
+51,700
| +15% | +$3.14M |
|
239
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $23.7M | 0.07% |
270,131
+14,044
| +5% | +$1.28M |
|
240
iShares MSCI USA Quality Factor ETF
QUAL
$46B
| $23.6M | 0.07% |
285,494
+163,859
| +135% | +$13.9M |
|
241
Janus Henderson Short Duration Income ETF
VNLA
$3.33B
| $23.6M | 0.07% |
471,559
+249,950
| +113% | +$12.5M |
|
242
Waste Management
WM
$95.5B
| $23.6M | 0.07% |
280,506
+18,786
| +7% | +$1.61M |
|
243
Invesco Dorsey Wright Momentum ETF
PDP
$1.47B
| $23.6M | 0.06% |
447,874
-18,012
| -4% | -$964K |
|
244
General Mills
GIS
$19.5B
| $23.6M | 0.06% |
523,486
+145,439
| +38% | +$7.89M |
|
|
VPU
245
Vanguard Utilities ETF
VPU
$8.72B
| $23.6M | 0.06% |
210,659
+13,864
| +7% | +$1.53M |
|
246
iShares US Medical Devices ETF
IHI
$3.06B
| $23.5M | 0.06% |
763,698
+112,716
| +17% | +$3.47M |
|
247
Schwab International Equity ETF
SCHF
$65.9B
| $23.5M | 0.06% |
1,395,058
+102,918
| +8% | +$1.77M |
|
248
Vanguard Mega Cap Value ETF
MGV
$13.3B
| $23.2M | 0.06% |
312,849
+18,624
| +6% | +$1.44M |
|
249
Abbott
ABT
$182B
| $22.9M | 0.06% |
382,421
+19,957
| +6% | +$1.2M |
|
250
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $22.9M | 0.06% |
464,249
-26,865
| -5% | -$1.33M |
|
Similar funds
LPL Financial's Q1 2018 Portfolio in Review
As of Q1 2018, LPL Financial held 3,320 positions worth $36.3B, up 11% from $32.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $3.99B of net new capital in Q1 2018, opening 302 new positions and adding to 1,901 existing holdings. Its largest new stake was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $65.1M trimmed.
- LPL Financial's largest Q1 2018 buy was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q1 2018, an estimated $166M increase.
- LPL Financial's biggest Q1 2018 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $65.1M.
- LPL Financial fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $2.09M.
- LPL Financial's ten largest holdings make up 23% of its $36.3B portfolio in Q1 2018.
- LPL Financial opened 302 new positions and closed 144 in Q1 2018.
- LPL Financial's portfolio value rose 11% quarter-over-quarter to $36.3B.
Based on LPL Financial's 13F filing for Q1 2018, filed 15 May 2018.