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 | |
|---|---|---|---|---|---|---|
476
Autodesk
ADSK
$47.7B
| $9.56M | 0.03% |
72,942
+1,184
| +2% | +$157K |
|
477
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $9.56M | 0.03% |
199,254
+28,538
| +17% | +$1.37M |
|
478
Eaton
ETN
$155B
| $9.47M | 0.02% |
126,723
+4,916
| +4% | +$380K |
|
479
ARK Web x.0 ETF
ARKW
$1.65B
| $9.38M | 0.02% |
169,113
+68,299
| +68% | +$3.63M |
|
480
iShares California Muni Bond ETF
CMF
$4.56B
| $9.38M | 0.02% |
160,177
-1,840
| -1% | -$107K |
|
481
Xcel Energy
XEL
$50.4B
| $9.34M | 0.02% |
204,405
+4,707
| +2% | +$211K |
|
|
DWIN
482
DELISTED
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
| $9.31M | 0.02% |
365,286
-51,816
| -12% | -$1.3M |
|
|
WBA
483
DELISTED
Walgreens Boots Alliance
WBA
| $9.3M | 0.02% |
155,035
+1,924
| +1% | +$124K |
|
484
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$742M
| $9.29M | 0.02% |
302,787
-23,347
| -7% | -$714K |
|
485
iShares Mortgage Real Estate ETF
REM
$543M
| $9.27M | 0.02% |
213,381
-507
| -0.2% | -$22K |
|
486
Cheniere Energy
LNG
$53.6B
| $9.24M | 0.02% |
141,780
+30,928
| +28% | +$1.9M |
|
487
Schwab US TIPS ETF
SCHP
$16.3B
| $9.22M | 0.02% |
335,660
+17,732
| +6% | +$484K |
|
488
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.53B
| $9.2M | 0.02% |
372,045
+16,845
| +5% | +$436K |
|
|
BSJJ
489
DELISTED
Invesco BulletShares 2019 High Yield Corporate Bond ETF
BSJJ
| $9.18M | 0.02% |
379,664
+24,100
| +7% | +$584K |
|
490
iShares US Regional Banks ETF
IAT
$673M
| $9.14M | 0.02% |
186,022
-1,237
| -0.7% | -$63.3K |
|
491
Novartis
NVS
$297B
| $9.14M | 0.02% |
135,068
+11,997
| +10% | +$828K |
|
492
Automatic Data Processing
ADP
$102B
| $9.11M | 0.02% |
67,926
+99
| +0.1% | +$12.5K |
|
493
Las Vegas Sands
LVS
$31.6B
| $9.09M | 0.02% |
119,070
-2,099
| -2% | -$160K |
|
494
Enbridge
ENB
$121B
| $9.08M | 0.02% |
254,467
+19,484
| +8% | +$617K |
|
|
XYZ
495
Block Inc
XYZ
$48.4B
| $9.07M | 0.02% |
147,198
+53,070
| +56% | +$2.92M |
|
|
LVHB
496
DELISTED
Innovator Lunt Low Vol/High Beta Tactical ETF
LVHB
| $9.02M | 0.02% |
298,001
+140,815
| +90% | +$4.39M |
|
497
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$143M
| $8.99M | 0.02% |
212,457
-14,571
| -6% | -$591K |
|
498
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.43B
| $8.97M | 0.02% |
566,090
+75,290
| +15% | +$1.19M |
|
|
ESRX
499
DELISTED
Express Scripts Holding Company
ESRX
| $8.95M | 0.02% |
115,900
+17,302
| +18% | +$1.3M |
|
500
Invesco Zacks Mid-Cap ETF
CZA
$189M
| $8.92M | 0.02% |
137,850
+8,666
| +7% | +$566K |
|
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.