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 Mid-Cap ETF
IJH
|
+$109M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$91.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$89.2M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$87.5M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$76.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$36.6M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$35.8M |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$34.1M |
| 4 |
iShares MSCI Singapore ETF
EWS
|
+$32.2M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.42% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.37% |
| 4 | Industrials | 2.25% |
| 5 | Consumer Discretionary | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
Franklin US Equity Index ETF
USPX
$1.95B
| $307K | ﹤0.01% |
9,849
-765
| -7% | -$23.6K |
|
|
AYR
2677
DELISTED
Aircastle Ltd
AYR
| $307K | ﹤0.01% |
14,004
+1,684
| +14% | +$34.9K |
|
|
NRE
2678
DELISTED
NorthStar Realty Europe Corp.
NRE
| $307K | ﹤0.01% |
21,682
+3,711
| +21% | +$50.5K |
|
|
TERP
2679
DELISTED
TerraForm Power, Inc
TERP
| $306K | ﹤0.01% |
+26,496
| New | +$294K |
|
2680
NeoGenomics
NEO
$1.99B
| $305K | ﹤0.01% |
+19,844
| New | +$274K |
|
|
SF
2681
Stifel
SF
$12.4B
| $305K | ﹤0.01% |
13,370
-1,039
| -7% | -$25K |
|
|
ECF
2682
Ellsworth Growth & Income Fund
ECF
$164M
| $304K | ﹤0.01% |
29,534
+2,951
| +11% | +$29.2K |
|
2683
Hubbell
HUBB
$24.4B
| $304K | ﹤0.01% |
+2,273
| New | +$279K |
|
|
CEQP
2684
DELISTED
Crestwood Equity Partners LP
CEQP
| $304K | ﹤0.01% |
8,270
-130,000
| -94% | -$4.75M |
|
|
EUFX
2685
DELISTED
ProShares Short Euro
EUFX
| $304K | ﹤0.01% |
+7,209
| New | +$302K |
|
2686
Globant
GLOB
$1.65B
| $303K | ﹤0.01% |
5,140
-821
| -14% | -$48.1K |
|
2687
WisdomTree International Quality Dividend Growth Fund
IQDG
$702M
| $303K | ﹤0.01% |
10,258
+709
| +7% | +$21.3K |
|
2688
Nice
NICE
$6.15B
| $303K | ﹤0.01% |
2,646
-134
| -5% | -$15K |
|
2689
Alpha Architect US Quantitative Value ETF
QVAL
$590M
| $303K | ﹤0.01% |
9,768
+207
| +2% | +$6.58K |
|
|
JBTM
2690
JBT Marel
JBTM
$7.35B
| $303K | ﹤0.01% |
2,540
+41
| +2% | +$4.46K |
|
|
KREF
2691
KKR Real Estate Finance Trust
KREF
$466M
| $302K | ﹤0.01% |
+14,985
| New | +$308K |
|
2692
Nuveen ESG Large-Cap Value ETF
NULV
$2.17B
| $302K | ﹤0.01% |
9,993
+825
| +9% | +$24.7K |
|
|
IMGN
2693
DELISTED
Immunogen Inc
IMGN
| $302K | ﹤0.01% |
31,899
-155
| -0.5% | -$1.49K |
|
2694
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $301K | ﹤0.01% |
7,713
+422
| +6% | +$16.5K |
|
|
MVO
2695
DELISTED
MV Oil Trust
MVO
| $300K | ﹤0.01% |
25,665
+3,581
| +16% | +$38K |
|
2696
Saic
SAIC
$4.95B
| $300K | ﹤0.01% |
3,724
+14
| +0.4% | +$1.19K |
|
2697
Shake Shack
SHAK
$2.54B
| $300K | ﹤0.01% |
+4,767
| New | +$289K |
|
|
PDCE
2698
DELISTED
PDC Energy, Inc.
PDCE
| $300K | ﹤0.01% |
6,127
-824
| -12% | -$45.7K |
|
|
GM.WS.B
2699
DELISTED
General Motors Company
GM.WS.B
| $300K | ﹤0.01% |
18,193
-205
| -1% | -$3.97K |
|
|
MXF
2700
Mexico Fund
MXF
$307M
| $299K | ﹤0.01% |
18,329
-206
| -1% | -$3.31K |
|
Similar funds
LPL Financial's Q3 2018 Portfolio in Review
As of Q3 2018, LPL Financial held 3,397 positions worth $41.7B, up 9.5% from $38.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.97B of net new capital in Q3 2018, opening 192 new positions and adding to 1,682 existing holdings. Its largest new stake was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
By sector, the portfolio is most concentrated in Technology at 3.4% 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 Dow Jones Industrial Average ETF Trust, an estimated $36.6M trimmed.
- LPL Financial's largest Q3 2018 buy was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2018, an estimated $109M increase.
- LPL Financial's biggest Q3 2018 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $36.6M.
- LPL Financial fully exited iShares iBonds Sep 2018 Term Muni Bond ETF in Q3 2018, selling an estimated $2.44M.
- LPL Financial's ten largest holdings make up 24% of its $41.7B portfolio in Q3 2018.
- LPL Financial opened 192 new positions and closed 170 in Q3 2018.
- LPL Financial's portfolio value rose 9.5% quarter-over-quarter to $41.7B.
Based on LPL Financial's 13F filing for Q3 2018, filed 14 Nov 2018.