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 US Aggregate Bond ETF
AGG
|
+$127M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$86.5M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$66.9M |
| 4 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$58.9M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$57.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$67M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$44.8M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$38.8M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$36.2M |
| 5 |
iShares MSCI Germany ETF
EWG
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.44% |
| 4 | Industrials | 2.02% |
| 5 | Communication Services | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MXF
2676
Mexico Fund
MXF
$307M
| $235K | ﹤0.01% |
17,715
-614
| -3% | -$8.5K |
|
|
ESV
2677
DELISTED
Ensco Rowan plc
ESV
| $235K | ﹤0.01% |
16,506
+453
| +3% | +$11.7K |
|
2678
Ambev
ABEV
$47.9B
| $234K | ﹤0.01% |
59,586
-50,262
| -46% | -$215K |
|
2679
Qualys
QLYS
$4.76B
| $234K | ﹤0.01% |
3,133
-4,360
| -58% | -$329K |
|
|
SELF
2680
Global Self Storage
SELF
$58.5M
| $234K | ﹤0.01% |
59,667
+1,852
| +3% | +$7.43K |
|
2681
Vishay Intertechnology
VSH
$4.6B
| $234K | ﹤0.01% |
13,013
+735
| +6% | +$13.9K |
|
|
DCP
2682
DELISTED
DCP Midstream, LP
DCP
| $234K | ﹤0.01% |
8,848
+150
| +2% | +$5.38K |
|
2683
Affiliated Managers Group
AMG
$9.51B
| $232K | ﹤0.01% |
2,384
-4,555
| -66% | -$514K |
|
2684
KBR
KBR
$4.56B
| $232K | ﹤0.01% |
15,307
-1,771
| -10% | -$33.1K |
|
2685
NeoGenomics
NEO
$1.99B
| $232K | ﹤0.01% |
18,415
-1,429
| -7% | -$21.3K |
|
2686
RBC Bearings
RBC
$17.4B
| $232K | ﹤0.01% |
+1,773
| New | +$258K |
|
2687
Synaptics
SYNA
$4.05B
| $232K | ﹤0.01% |
6,241
+150
| +2% | +$5.63K |
|
2688
Thor Industries
THO
$4.06B
| $232K | ﹤0.01% |
4,467
-10,430
| -70% | -$706K |
|
|
GHL
2689
DELISTED
Greenhill & Co., Inc.
GHL
| $232K | ﹤0.01% |
+9,505
| New | +$232K |
|
|
GLIBA
2690
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $232K | ﹤0.01% |
5,646
+92
| +2% | +$4.27K |
|
2691
Artivion
AORT
$1.34B
| $231K | ﹤0.01% |
+8,153
| New | +$245K |
|
2692
Amplify Video Game Tech ETF
GAMR
$37.3M
| $231K | ﹤0.01% |
5,928
+435
| +8% | +$18K |
|
|
SNBR
2693
DELISTED
Sleep Number
SNBR
| $231K | ﹤0.01% |
+7,265
| New | +$258K |
|
|
WPS
2694
DELISTED
iShares International Developed Property ETF
WPS
| $231K | ﹤0.01% |
6,686
-2,284
| -25% | -$81.1K |
|
2695
Calumet Specialty Products
CLMT
$3.7B
| $230K | ﹤0.01% |
103,869
+1,920
| +2% | +$7.92K |
|
2696
CubeSmart
CUBE
$9.61B
| $230K | ﹤0.01% |
+8,013
| New | +$235K |
|
2697
Jefferies Financial Group
JEF
$12.7B
| $230K | ﹤0.01% |
14,829
-3,423
| -19% | -$62.7K |
|
2698
ProShares S&P 500 ex-Energy ETF
SPXE
$81.6M
| $230K | ﹤0.01% |
8,750
| – | – |
|
2699
United States 12 Month Oil Fund,
USL
$45.7M
| $230K | ﹤0.01% |
12,810
-119
| -0.9% | -$2.7K |
|
2700
Clean Harbors
CLH
$17.2B
| $229K | ﹤0.01% |
4,638
-2,166
| -32% | -$135K |
|
Similar funds
LPL Financial's Q4 2018 Portfolio in Review
As of Q4 2018, LPL Financial held 3,382 positions worth $37.6B, down 9.9% from $41.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial's Q4 2018 filing shows 155 new, 1,459 increased, 1,397 reduced and 312 closed positions. Its largest new stake was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M. The largest sale was iShares Core S&P Small-Cap ETF, an estimated $67M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.4% a quarter earlier, followed by Financials and Healthcare.
- LPL Financial's largest Q4 2018 buy was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M.
- LPL Financial added most to iShares Core US Aggregate Bond ETF in Q4 2018, an estimated $127M increase.
- LPL Financial's biggest Q4 2018 reduction was iShares Core S&P Small-Cap ETF, cutting an estimated $67M.
- LPL Financial fully exited Corporate Capital Trust, Inc. in Q4 2018, selling an estimated $30.3M.
- LPL Financial's ten largest holdings make up 24% of its $37.6B portfolio in Q4 2018.
- LPL Financial opened 155 new positions and closed 312 in Q4 2018.
- LPL Financial's portfolio value fell 9.9% quarter-over-quarter to $37.6B.
Based on LPL Financial's 13F filing for Q4 2018, filed 7 Feb 2019.