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 TIPS Bond ETF
TIP
|
+$209M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$151M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$138M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$133M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$136M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$62.5M |
| 3 |
iShares US Basic Materials ETF
IYM
|
+$39.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$37.4M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$31.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.24% |
| 4 | Industrials | 2.19% |
| 5 | Communication Services | 2.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
PRA Group
PRAA
$688M
| $359K | ﹤0.01% |
9,323
+71
| +0.8% | +$2.74K |
|
|
BCPC
2477
Balchem Corp
BCPC
$5.33B
| $359K | ﹤0.01% |
3,656
-4,804
| -57% | -$448K |
|
|
FDEU
2478
DELISTED
First Trust Dynamic Europe Equity Income Fund
FDEU
| $359K | ﹤0.01% |
22,236
-9,873
| -31% | -$170K |
|
|
KED
2479
DELISTED
Kayne Anderson Energy
KED
| $359K | ﹤0.01% |
20,672
-3,334
| -14% | -$56.6K |
|
2480
Civeo
CVEO
$376M
| $358K | ﹤0.01% |
+6,844
| New | +$310K |
|
2481
Ichor Holdings
ICHR
$2.37B
| $358K | ﹤0.01% |
16,873
-8,759
| -34% | -$209K |
|
2482
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
$707M
| $358K | ﹤0.01% |
12,199
+5,075
| +71% | +$151K |
|
2483
Enpro
NPO
$6.63B
| $357K | ﹤0.01% |
5,099
+1,115
| +28% | +$83.3K |
|
2484
First Trust Alerian US NextGen Infrastructure ETF
RBLD
$57M
| $357K | ﹤0.01% |
6,377
-135
| -2% | -$7.81K |
|
2485
Edgewell Personal Care
EPC
$1.3B
| $356K | ﹤0.01% |
7,064
-669
| -9% | -$30.7K |
|
2486
Pebblebrook Hotel Trust
PEB
$2.2B
| $356K | ﹤0.01% |
9,178
-160
| -2% | -$6.02K |
|
2487
Zillow
Z
$7.7B
| $356K | ﹤0.01% |
6,029
-1,778
| -23% | -$98.5K |
|
2488
Global X S&P 500 Catholic Values ETF
CATH
$1.27B
| $355K | ﹤0.01% |
10,560
+783
| +8% | +$26.1K |
|
2489
Live Nation Entertainment
LYV
$42.1B
| $355K | ﹤0.01% |
7,304
+110
| +2% | +$4.71K |
|
2490
Team
TISI
$80.6M
| $355K | ﹤0.01% |
1,537
+94
| +7% | +$18.1K |
|
2491
Global X Alternative Income ETF
ALTY
$45.8M
| $354K | ﹤0.01% |
23,824
-556
| -2% | -$8.18K |
|
2492
AMN Healthcare
AMN
$1.35B
| $354K | ﹤0.01% |
6,045
+1,653
| +38% | +$98.7K |
|
2493
Veeco
VECO
$2.79B
| $354K | ﹤0.01% |
24,830
-235
| -0.9% | -$3.89K |
|
|
TGH
2494
DELISTED
Textainer Group Holdings limited
TGH
| $354K | ﹤0.01% |
22,294
+1,543
| +7% | +$26.1K |
|
|
PHK
2495
PIMCO High Income Fund
PHK
$861M
| $353K | ﹤0.01% |
42,233
-15,218
| -26% | -$123K |
|
2496
Qiagen
QGEN
$8.72B
| $353K | ﹤0.01% |
9,214
-23
| -0.2% | -$846 |
|
2497
iShares MSCI Denmark ETF
EDEN
$204M
| $352K | ﹤0.01% |
5,515
+2,405
| +77% | +$161K |
|
|
HRC
2498
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $352K | ﹤0.01% |
4,026
-947
| -19% | -$84.2K |
|
2499
Empire State Realty Series ES
ESBA
$1.57B
| $351K | ﹤0.01% |
20,548
-3,226
| -14% | -$54.3K |
|
|
ETX
2500
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $350K | ﹤0.01% |
17,671
+2,459
| +16% | +$47.5K |
|
Similar funds
LPL Financial's Q2 2018 Portfolio in Review
As of Q2 2018, LPL Financial held 3,378 positions worth $38.1B, up 4.9% from $36.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.14B of net new capital in Q2 2018, opening 201 new positions and adding to 1,572 existing holdings. Its largest new stake was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $136M trimmed.
- LPL Financial's largest Q2 2018 buy was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
- LPL Financial added most to iShares TIPS Bond ETF in Q2 2018, an estimated $209M increase.
- LPL Financial's biggest Q2 2018 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $136M.
- LPL Financial fully exited PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX in Q2 2018, selling an estimated $15.3M.
- LPL Financial's ten largest holdings make up 24% of its $38.1B portfolio in Q2 2018.
- LPL Financial opened 201 new positions and closed 171 in Q2 2018.
- LPL Financial's portfolio value rose 4.9% quarter-over-quarter to $38.1B.
Based on LPL Financial's 13F filing for Q2 2018, filed 14 Aug 2018.