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 | |
|---|---|---|---|---|---|---|
2726
Community Trust Bancorp
CTBI
$1.42B
| $222K | ﹤0.01% |
5,616
-142
| -2% | -$6.23K |
|
2727
Cohen & Steers Duration Preferred & Income Fund
LDP
$591M
| $222K | ﹤0.01% |
10,165
-269
| -3% | -$6K |
|
2728
Nu Skin
NUS
$257M
| $222K | ﹤0.01% |
3,619
-3,965
| -52% | -$267K |
|
|
WEA
2729
Western Asset Premier Bond Fund
WEA
$123M
| $222K | ﹤0.01% |
18,339
+1,746
| +11% | +$21.5K |
|
2730
AAR Corp
AIR
$5.4B
| $221K | ﹤0.01% |
5,914
-509
| -8% | -$22.3K |
|
2731
NovaGold Resources
NG
$2.54B
| $221K | ﹤0.01% |
55,824
-70,381
| -56% | -$278K |
|
2732
Host Hotels & Resorts
HST
$17.5B
| $220K | ﹤0.01% |
13,213
+1,075
| +9% | +$20.1K |
|
2733
Quanta Services
PWR
$84.2B
| $220K | ﹤0.01% |
7,321
-847
| -10% | -$27.4K |
|
2734
AdvisorShares Vice ETF
VICE
$7.46M
| $220K | ﹤0.01% |
10,296
-375
| -4% | -$9.26K |
|
2735
United Parks & Resorts
PRKS
$2.19B
| $220K | ﹤0.01% |
9,980
-721
| -7% | -$19.3K |
|
|
ZMLP
2736
DELISTED
Direxion Zacks MLP High Income Index Shares
ZMLP
| $220K | ﹤0.01% |
2,323
-825
| -26% | -$93.5K |
|
2737
AtriCure
ATRC
$2.08B
| $219K | ﹤0.01% |
+7,168
| New | +$223K |
|
|
AWP
2738
abrdn Global Premier Properties Fund
AWP
$376M
| $219K | ﹤0.01% |
14,640
+4,683
| +47% | +$77K |
|
|
EVF
2739
Eaton Vance Senior Income Trust
EVF
$90.1M
| $219K | ﹤0.01% |
36,554
-19,273
| -35% | -$119K |
|
|
JOF
2740
Japan Smaller Capitalization Fund
JOF
$316M
| $219K | ﹤0.01% |
26,284
+5,938
| +29% | +$59.8K |
|
2741
LivePerson
LPSN
$22M
| $219K | ﹤0.01% |
773
-2,814
| -78% | -$867K |
|
|
TELL
2742
DELISTED
Tellurian Inc.
TELL
| $219K | ﹤0.01% |
31,528
+18,850
| +149% | +$146K |
|
|
NBL
2743
DELISTED
Noble Energy, Inc.
NBL
| $219K | ﹤0.01% |
11,677
+1,072
| +10% | +$27.4K |
|
2744
DNOW Inc
DNOW
$2.44B
| $218K | ﹤0.01% |
18,707
-574
| -3% | -$8.03K |
|
|
NHA
2745
DELISTED
Nuveen Municipal 2021 Target Term Fund
NHA
| $218K | ﹤0.01% |
23,342
-9,978
| -30% | -$93.6K |
|
2746
Bank of Hawaii
BOH
$3.14B
| $217K | ﹤0.01% |
3,223
+544
| +20% | +$41.5K |
|
2747
First Financial Bankshares
FFIN
$5.05B
| $217K | ﹤0.01% |
7,506
+516
| +7% | +$15.5K |
|
2748
PJT Partners
PJT
$4.26B
| $217K | ﹤0.01% |
5,604
-563
| -9% | -$25.2K |
|
|
DALT
2749
DELISTED
Anfield Diversified Alternatives ETF
DALT
| $217K | ﹤0.01% |
24,250
-12,347
| -34% | -$119K |
|
|
NXR
2750
DELISTED
NUVEEN ELECT TAX-FREE INC 3
NXR
| $217K | ﹤0.01% |
+15,144
| New | +$215K |
|
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.