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 | |
|---|---|---|---|---|---|---|
301
Lowe's Companies
LOW
$119B
| $17.5M | 0.05% |
189,389
+3,386
| +2% | +$326K |
|
302
Colgate-Palmolive
CL
$73.6B
| $17.4M | 0.05% |
292,841
+8,441
| +3% | +$528K |
|
303
John Hancock Multifactor Large Cap ETF
JHML
$1.16B
| $17.4M | 0.05% |
543,760
+111,832
| +26% | +$3.89M |
|
304
Clorox
CLX
$11.8B
| $17.4M | 0.05% |
112,982
+4,637
| +4% | +$722K |
|
305
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$249M
| $17.4M | 0.05% |
746,445
+442,860
| +146% | +$11.2M |
|
306
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $17.2M | 0.05% |
336,592
+47,031
| +16% | +$2.37M |
|
307
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.5B
| $17.2M | 0.05% |
555,045
+31,613
| +6% | +$1.06M |
|
308
WisdomTree US LargeCap Dividend Fund
DLN
$6.25B
| $17M | 0.05% |
402,630
+91,722
| +30% | +$4.15M |
|
309
iShares MSCI EAFE Value ETF
EFV
$28.3B
| $17M | 0.05% |
375,806
+10,120
| +3% | +$488K |
|
310
iShares Expanded Tech-Software Sector ETF
IGV
$12.2B
| $16.8M | 0.04% |
484,360
+117,850
| +32% | +$4.27M |
|
311
ConocoPhillips
COP
$141B
| $16.7M | 0.04% |
268,057
-31,144
| -10% | -$2.12M |
|
312
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.03B
| $16.7M | 0.04% |
784,194
+26,172
| +3% | +$609K |
|
313
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.4B
| $16.6M | 0.04% |
161,188
-107
| -0.1% | -$10.9K |
|
314
iShares Dow Jones US ETF
IYY
$2.93B
| $16.5M | 0.04% |
264,396
-1,516
| -0.6% | -$102K |
|
315
iShares Silver Trust
SLV
$28.3B
| $16.4M | 0.04% |
1,131,777
-131,772
| -10% | -$1.8M |
|
316
Schwab US Broad Market ETF
SCHB
$42.8B
| $16.4M | 0.04% |
1,637,526
+286,716
| +21% | +$3.1M |
|
317
Phillips 66
PSX
$83.3B
| $16.3M | 0.04% |
188,941
+13,599
| +8% | +$1.33M |
|
318
Thermo Fisher Scientific
TMO
$208B
| $16.2M | 0.04% |
72,503
+5,355
| +8% | +$1.26M |
|
319
Nike
NKE
$62.5B
| $16M | 0.04% |
216,012
+12,759
| +6% | +$955K |
|
320
Gilead Sciences
GILD
$162B
| $16M | 0.04% |
256,016
-23,013
| -8% | -$1.61M |
|
|
321
iShares MSCI Germany ETF
EWG
$1.55B
| $16M | 0.04% |
631,444
-1,301,726
| -67% | -$35.2M |
|
322
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $15.8M | 0.04% |
220,102
-123,708
| -36% | -$9.97M |
|
|
IBDK
323
DELISTED
iShares iBonds Dec 2019 Term Corporate ETF
IBDK
| $15.8M | 0.04% |
636,015
+74,969
| +13% | +$1.86M |
|
324
Vanguard Russell 1000 Value ETF
VONV
$20.5B
| $15.8M | 0.04% |
324,530
+6,904
| +2% | +$362K |
|
325
Welltower
WELL
$175B
| $15.7M | 0.04% |
226,797
+9,058
| +4% | +$616K |
|
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.