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 TIPS Bond ETF
TIP
|
+$209M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$151M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$138M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$133M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$136M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$62.5M |
| 3 |
iShares US Basic Materials ETF
IYM
|
+$39.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$37.4M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$31.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.24% |
| 4 | Industrials | 2.19% |
| 5 | Communication Services | 2.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Blackstone
BX
$104B
| $10.4M | 0.03% |
323,845
-18,360
| -5% | -$584K |
|
452
Morgan Stanley
MS
$337B
| $10.4M | 0.03% |
219,364
+4,634
| +2% | +$242K |
|
453
Truist Financial
TFC
$63.2B
| $10.4M | 0.03% |
205,670
+7,547
| +4% | +$401K |
|
454
Weyerhaeuser
WY
$17.3B
| $10.4M | 0.03% |
284,385
-18,233
| -6% | -$667K |
|
|
VER
455
DELISTED
VEREIT, Inc.
VER
| $10.3M | 0.03% |
276,639
+12,634
| +5% | +$443K |
|
456
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.54B
| $10.3M | 0.03% |
371,293
-20,532
| -5% | -$611K |
|
457
iShares Morningstar Mid-Cap ETF
IMCB
$1.64B
| $10.2M | 0.03% |
222,388
-47,460
| -18% | -$2.17M |
|
458
Pacer Trendpilot 100 ETF
PTNQ
$1.2B
| $10.1M | 0.03% |
303,417
+38,483
| +15% | +$1.25M |
|
459
State Street SPDR S&P Semiconductor ETF
XSD
$2.76B
| $10M | 0.03% |
138,717
+14,720
| +12% | +$1.07M |
|
460
Becton Dickinson
BDX
$43.1B
| $10M | 0.03% |
42,844
+3,571
| +9% | +$795K |
|
461
iShares US Transportation ETF
IYT
$2.33B
| $9.97M | 0.03% |
214,240
-3,636
| -2% | -$174K |
|
462
iShares Semiconductor ETF
SOXX
$43.6B
| $9.96M | 0.03% |
167,712
+50,991
| +44% | +$3.1M |
|
463
Franklin US Low Volatility High Dividend Index ETF
LVHD
$635M
| $9.87M | 0.03% |
330,279
-6,155
| -2% | -$182K |
|
|
TWTR
464
DELISTED
Twitter, Inc.
TWTR
| $9.85M | 0.03% |
225,630
-13,792
| -6% | -$484K |
|
465
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $9.82M | 0.03% |
370,373
-168,609
| -31% | -$4.59M |
|
|
KNOW
466
DELISTED
Direxion All Cap Insider Sentiment Shares
KNOW
| $9.79M | 0.03% |
236,348
-10,115
| -4% | -$418K |
|
467
Travelers Companies
TRV
$80.8B
| $9.77M | 0.03% |
79,889
-25,259
| -24% | -$3.31M |
|
468
Canadian Imperial Bank of Commerce
CM
$107B
| $9.71M | 0.03% |
223,402
+14,278
| +7% | +$629K |
|
469
Vanguard Materials ETF
VAW
$3B
| $9.7M | 0.03% |
73,754
+6,180
| +9% | +$822K |
|
470
FlexShares International Quality Dividend Index Fund
IQDF
$1.13B
| $9.66M | 0.03% |
397,087
-140,319
| -26% | -$3.63M |
|
471
iShares US Utilities ETF
IDU
$1.41B
| $9.64M | 0.03% |
146,156
-402
| -0.3% | -$25.7K |
|
472
VanEck Semiconductor ETF
SMH
$67.6B
| $9.63M | 0.03% |
187,618
+24,444
| +15% | +$1.28M |
|
473
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.02B
| $9.63M | 0.03% |
465,397
+44,059
| +10% | +$935K |
|
474
VanEck Intermediate Muni ETF
ITM
$2.14B
| $9.61M | 0.03% |
203,934
+1,701
| +0.8% | +$79.8K |
|
475
Palo Alto Networks
PANW
$264B
| $9.6M | 0.03% |
280,206
+43,860
| +19% | +$1.46M |
|
Similar funds
LPL Financial's Q2 2018 Portfolio in Review
As of Q2 2018, LPL Financial held 3,378 positions worth $38.1B, up 4.9% from $36.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.14B of net new capital in Q2 2018, opening 201 new positions and adding to 1,572 existing holdings. Its largest new stake was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $136M trimmed.
- LPL Financial's largest Q2 2018 buy was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
- LPL Financial added most to iShares TIPS Bond ETF in Q2 2018, an estimated $209M increase.
- LPL Financial's biggest Q2 2018 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $136M.
- LPL Financial fully exited PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX in Q2 2018, selling an estimated $15.3M.
- LPL Financial's ten largest holdings make up 24% of its $38.1B portfolio in Q2 2018.
- LPL Financial opened 201 new positions and closed 171 in Q2 2018.
- LPL Financial's portfolio value rose 4.9% quarter-over-quarter to $38.1B.
Based on LPL Financial's 13F filing for Q2 2018, filed 14 Aug 2018.