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 | |
|---|---|---|---|---|---|---|
2776
AeroVironment
AVAV
$7.19B
| $208K | ﹤0.01% |
3,058
-6,678
| -69% | -$585K |
|
2777
Encore Capital Group
ECPG
$2.01B
| $208K | ﹤0.01% |
8,838
-348
| -4% | -$9.35K |
|
2778
Editas Medicine
EDIT
$399M
| $208K | ﹤0.01% |
9,157
-3,859
| -30% | -$105K |
|
2779
Dave & Buster's
PLAY
$357M
| $208K | ﹤0.01% |
4,679
-325
| -6% | -$18.3K |
|
|
DSKE
2780
DELISTED
Daseke, Inc. Common Stock
DSKE
| $208K | ﹤0.01% |
56,450
-13,100
| -19% | -$70.2K |
|
2781
Camden Property Trust
CPT
$11.5B
| $206K | ﹤0.01% |
2,344
+80
| +4% | +$7.33K |
|
|
BICK
2782
DELISTED
First Trust BICK Index Fund
BICK
| $206K | ﹤0.01% |
+8,322
| New | +$209K |
|
2783
Chegg
CHGG
$116M
| $205K | ﹤0.01% |
+7,219
| New | +$194K |
|
2784
Equinor
EQNR
$97.3B
| $205K | ﹤0.01% |
9,667
+2,413
| +33% | +$59.2K |
|
2785
Helios Technologies
HLIO
$2.47B
| $205K | ﹤0.01% |
6,180
+113
| +2% | +$4.78K |
|
2786
Applied Industrial Technologies
AIT
$12.4B
| $204K | ﹤0.01% |
3,790
-722
| -16% | -$47.2K |
|
|
CHX
2787
DELISTED
ChampionX
CHX
| $204K | ﹤0.01% |
7,534
-2,523
| -25% | -$92.8K |
|
2788
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.5B
| $204K | ﹤0.01% |
11,635
+1,015
| +10% | +$19.7K |
|
2789
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$300M
| $204K | ﹤0.01% |
5,818
-70
| -1% | -$2.74K |
|
2790
United Bankshares
UBSI
$6.69B
| $204K | ﹤0.01% |
6,569
+762
| +13% | +$25.7K |
|
|
CHU
2791
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $204K | ﹤0.01% |
19,131
-63,234
| -77% | -$703K |
|
2792
Applied Optoelectronics
AAOI
$6.14B
| $203K | ﹤0.01% |
13,154
-377
| -3% | -$7.6K |
|
|
VNTR
2793
DELISTED
Venator Materials PLC
VNTR
| $203K | ﹤0.01% |
48,379
+7,568
| +19% | +$48.9K |
|
|
BOCH
2794
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $203K | ﹤0.01% |
18,495
+8,495
| +85% | +$98.8K |
|
|
GOLD
2795
DELISTED
Randgold Resources Ltd
GOLD
| $203K | ﹤0.01% |
+2,487
| New | +$201K |
|
2796
Civeo
CVEO
$356M
| $202K | ﹤0.01% |
11,752
-334
| -3% | -$9.86K |
|
2797
Inogen
INGN
$174M
| $202K | ﹤0.01% |
1,628
-2,679
| -62% | -$441K |
|
2798
Perrigo
PRGO
$1.44B
| $202K | ﹤0.01% |
5,209
-5,069
| -49% | -$322K |
|
2799
STAAR Surgical
STAA
$1.19B
| $202K | ﹤0.01% |
+6,329
| New | +$247K |
|
|
BT
2800
DELISTED
BT Group plc (ADR)
BT
| $202K | ﹤0.01% |
13,304
+3,100
| +30% | +$49.4K |
|
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.