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 500 ETF
IVV
|
+$166M |
| 2 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$133M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$126M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$120M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.1M |
| 2 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$42.7M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$38.3M |
| 4 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$36.5M |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.1% |
| 2 | Financials | 2.91% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.26% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$754M
| $9.95M | 0.03% |
326,134
-22,667
| -6% | -$714K |
|
452
Franklin US Low Volatility High Dividend Index ETF
LVHD
$642M
| $9.95M | 0.03% |
336,434
-12,630
| -4% | -$386K |
|
453
Sanofi
SNY
$109B
| $9.94M | 0.03% |
248,111
+114,452
| +86% | +$4.76M |
|
454
Diageo
DEO
$49.4B
| $9.88M | 0.03% |
72,975
+11,752
| +19% | +$1.63M |
|
|
JPS
455
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $9.87M | 0.03% |
1,009,496
+131,891
| +15% | +$1.27M |
|
456
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.78B
| $9.86M | 0.03% |
382,375
+49,675
| +15% | +$1.3M |
|
457
Stryker
SYK
$133B
| $9.83M | 0.03% |
61,080
+9,085
| +17% | +$1.46M |
|
458
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $9.79M | 0.03% |
163,031
+36,171
| +29% | +$2.17M |
|
|
CSML
459
DELISTED
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
| $9.79M | 0.03% |
358,701
+114,555
| +47% | +$3.23M |
|
460
iShares Global Tech ETF
IXN
$8.1B
| $9.78M | 0.03% |
370,590
+30,816
| +9% | +$831K |
|
461
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$94M
| $9.77M | 0.03% |
184,380
-25,086
| -12% | -$1.36M |
|
462
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.36B
| $9.76M | 0.03% |
165,390
-67,256
| -29% | -$4.05M |
|
463
Eaton
ETN
$150B
| $9.73M | 0.03% |
121,807
+11,599
| +11% | +$952K |
|
464
WBI Power Factor High Dividend ETF
WBIY
$64.4M
| $9.6M | 0.03% |
+372,421
| New | +$9.88M |
|
465
CSX Corp
CSX
$94.2B
| $9.57M | 0.03% |
515,403
+134,232
| +35% | +$2.51M |
|
466
VanEck Intermediate Muni ETF
ITM
$2.15B
| $9.52M | 0.03% |
202,233
+10,164
| +5% | +$480K |
|
|
AET
467
DELISTED
Aetna Inc
AET
| $9.46M | 0.03% |
55,966
+1,195
| +2% | +$215K |
|
468
iShares California Muni Bond ETF
CMF
$4.56B
| $9.46M | 0.03% |
162,017
+10,514
| +7% | +$615K |
|
469
iShares US Regional Banks ETF
IAT
$682M
| $9.43M | 0.03% |
187,259
+63,229
| +51% | +$3.3M |
|
470
Constellation Brands
STZ
$22.5B
| $9.42M | 0.03% |
41,316
+10,131
| +32% | +$2.23M |
|
471
Baidu
BIDU
$35.7B
| $9.41M | 0.03% |
42,159
-615
| -1% | -$152K |
|
472
Vanguard Global ex-US Real Estate ETF
VNQI
$3.52B
| $9.34M | 0.03% |
153,355
+26,683
| +21% | +$1.63M |
|
473
iShares US Utilities ETF
IDU
$1.39B
| $9.34M | 0.03% |
146,558
-5,354
| -4% | -$337K |
|
474
iShares JPMorgan EM High Yield Bond ETF
EMHY
$620M
| $9.31M | 0.03% |
189,707
+3,789
| +2% | +$187K |
|
475
Chubb
CB
$141B
| $9.3M | 0.03% |
68,008
-5,924
| -8% | -$858K |
|
Similar funds
LPL Financial's Q1 2018 Portfolio in Review
As of Q1 2018, LPL Financial held 3,320 positions worth $36.3B, up 11% from $32.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $3.99B of net new capital in Q1 2018, opening 302 new positions and adding to 1,901 existing holdings. Its largest new stake was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $65.1M trimmed.
- LPL Financial's largest Q1 2018 buy was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q1 2018, an estimated $166M increase.
- LPL Financial's biggest Q1 2018 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $65.1M.
- LPL Financial fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $2.09M.
- LPL Financial's ten largest holdings make up 23% of its $36.3B portfolio in Q1 2018.
- LPL Financial opened 302 new positions and closed 144 in Q1 2018.
- LPL Financial's portfolio value rose 11% quarter-over-quarter to $36.3B.
Based on LPL Financial's 13F filing for Q1 2018, filed 15 May 2018.