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 Mid-Cap ETF
IJH
|
+$109M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$91.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$89.2M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$87.5M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$76.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$36.6M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$35.8M |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$34.1M |
| 4 |
iShares MSCI Singapore ETF
EWS
|
+$32.2M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.42% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.37% |
| 4 | Industrials | 2.25% |
| 5 | Consumer Discretionary | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VER
476
DELISTED
VEREIT, Inc.
VER
| $10.4M | 0.03% |
287,785
+11,146
| +4% | +$425K |
|
477
Travelers Companies
TRV
$82.2B
| $10.4M | 0.03% |
80,422
+533
| +0.7% | +$68.8K |
|
|
CID
478
DELISTED
VictoryShares International High Div Volatility Wtd ETF
CID
| $10.4M | 0.03% |
310,814
-4,003
| -1% | -$136K |
|
479
Nucor
NUE
$58.7B
| $10.4M | 0.02% |
164,004
-13,376
| -8% | -$856K |
|
480
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$570M
| $10.4M | 0.02% |
224,549
+20,306
| +10% | +$922K |
|
481
Yum! Brands
YUM
$42B
| $10.4M | 0.02% |
113,925
+233
| +0.2% | +$19.4K |
|
482
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $10.3M | 0.02% |
217,938
+18,684
| +9% | +$895K |
|
483
Vanguard Materials ETF
VAW
$2.99B
| $10.3M | 0.02% |
78,822
+5,068
| +7% | +$677K |
|
484
Tesla
TSLA
$1.2T
| $10.3M | 0.02% |
581,475
+3,405
| +0.6% | +$70.9K |
|
485
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$549M
| $10.2M | 0.02% |
132,831
+20,701
| +18% | +$1.56M |
|
486
AstraZeneca
AZN
$270B
| $10.2M | 0.02% |
128,349
-43,200
| -25% | -$3.27M |
|
487
Morgan Stanley
MS
$325B
| $10.1M | 0.02% |
216,934
-2,430
| -1% | -$119K |
|
488
ARK Web x.0 ETF
ARKW
$1.62B
| $10.1M | 0.02% |
175,384
+6,271
| +4% | +$361K |
|
489
Franklin US Low Volatility High Dividend Index ETF
LVHD
$643M
| $10.1M | 0.02% |
329,102
-1,177
| -0.4% | -$36.2K |
|
490
iShares MSCI Australia ETF
EWA
$1.38B
| $10M | 0.02% |
452,688
-515,697
| -53% | -$11.6M |
|
491
iShares ESG Optimized MSCI USA ETF
SUSA
$3.97B
| $9.98M | 0.02% |
167,294
+12,222
| +8% | +$717K |
|
492
Cheniere Energy
LNG
$54.1B
| $9.95M | 0.02% |
143,161
+1,381
| +1% | +$89K |
|
493
VanEck Intermediate Muni ETF
ITM
$2.15B
| $9.94M | 0.02% |
213,203
+9,269
| +5% | +$436K |
|
|
ICPT
494
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $9.94M | 0.02% |
78,661
+2,623
| +3% | +$278K |
|
495
Illinois Tool Works
ITW
$84.1B
| $9.85M | 0.02% |
69,780
+19,616
| +39% | +$2.76M |
|
496
Elevance Health
ELV
$82.7B
| $9.83M | 0.02% |
35,856
+593
| +2% | +$154K |
|
497
iShares US Healthcare Providers ETF
IHF
$1.23B
| $9.8M | 0.02% |
245,140
+42,875
| +21% | +$1.63M |
|
498
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$755M
| $9.79M | 0.02% |
299,012
-3,775
| -1% | -$121K |
|
499
Schwab US TIPS ETF
SCHP
$16.3B
| $9.73M | 0.02% |
360,672
+25,012
| +7% | +$681K |
|
|
KNOW
500
DELISTED
Direxion All Cap Insider Sentiment Shares
KNOW
| $9.71M | 0.02% |
236,004
-344
| -0.1% | -$14.6K |
|
Similar funds
LPL Financial's Q3 2018 Portfolio in Review
As of Q3 2018, LPL Financial held 3,397 positions worth $41.7B, up 9.5% from $38.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.97B of net new capital in Q3 2018, opening 192 new positions and adding to 1,682 existing holdings. Its largest new stake was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
By sector, the portfolio is most concentrated in Technology at 3.4% 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 Dow Jones Industrial Average ETF Trust, an estimated $36.6M trimmed.
- LPL Financial's largest Q3 2018 buy was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2018, an estimated $109M increase.
- LPL Financial's biggest Q3 2018 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $36.6M.
- LPL Financial fully exited iShares iBonds Sep 2018 Term Muni Bond ETF in Q3 2018, selling an estimated $2.44M.
- LPL Financial's ten largest holdings make up 24% of its $41.7B portfolio in Q3 2018.
- LPL Financial opened 192 new positions and closed 170 in Q3 2018.
- LPL Financial's portfolio value rose 9.5% quarter-over-quarter to $41.7B.
Based on LPL Financial's 13F filing for Q3 2018, filed 14 Nov 2018.