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 | |
|---|---|---|---|---|---|---|
501
Amplify Cybersecurity ETF
HACK
$2.65B
| $8.54M | 0.02% |
249,254
-10,611
| -4% | -$358K |
|
502
VanEck Semiconductor ETF
SMH
$63.8B
| $8.51M | 0.02% |
163,174
+35,558
| +28% | +$1.87M |
|
503
iShares China Large-Cap ETF
FXI
$4.27B
| $8.5M | 0.02% |
179,979
+12,549
| +7% | +$616K |
|
504
Estee Lauder
EL
$30.7B
| $8.45M | 0.02% |
56,433
+36,434
| +182% | +$5.05M |
|
505
First Trust Long/Short Equity ETF
FTLS
$2.46B
| $8.44M | 0.02% |
216,893
+61,122
| +39% | +$2.44M |
|
|
AMJ
506
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $8.43M | 0.02% |
351,042
+18,006
| +5% | +$493K |
|
507
Delta Air Lines
DAL
$58.8B
| $8.41M | 0.02% |
153,486
+47,938
| +45% | +$2.64M |
|
508
Invesco Zacks Mid-Cap ETF
CZA
$192M
| $8.39M | 0.02% |
129,184
+23,353
| +22% | +$1.54M |
|
509
Illinois Tool Works
ITW
$84.9B
| $8.34M | 0.02% |
53,212
+10,573
| +25% | +$1.76M |
|
510
WisdomTree Japan Hedged Equity Fund
DXJ
$7.12B
| $8.33M | 0.02% |
148,727
-15,069
| -9% | -$877K |
|
511
State Street SPDR S&P International Dividend ETF
DWX
$527M
| $8.31M | 0.02% |
207,339
+12,746
| +7% | +$523K |
|
512
Becton Dickinson
BDX
$45.8B
| $8.3M | 0.02% |
39,273
+12,107
| +45% | +$2.65M |
|
513
AB InBev
BUD
$161B
| $8.29M | 0.02% |
75,400
-1,465
| -2% | -$162K |
|
514
iShares MSCI United Kingdom ETF
EWU
$4.09B
| $8.27M | 0.02% |
238,073
+105,331
| +79% | +$3.75M |
|
515
Ecolab
ECL
$79.6B
| $8.24M | 0.02% |
60,139
+3,924
| +7% | +$528K |
|
516
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$76.8M
| $8.24M | 0.02% |
110,595
+45,500
| +70% | +$3.41M |
|
517
Pacer Trendpilot 100 ETF
PTNQ
$1.18B
| $8.24M | 0.02% |
264,934
+48,633
| +22% | +$1.56M |
|
518
Corning
GLW
$108B
| $8.21M | 0.02% |
294,464
+84,556
| +40% | +$2.61M |
|
519
Healthcare Realty
HR
$7.58B
| $8.21M | 0.02% |
310,295
-109,850
| -26% | -$2.92M |
|
520
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $8.2M | 0.02% |
170,716
-3,076
| -2% | -$148K |
|
|
RHT
521
DELISTED
Red Hat Inc
RHT
| $8.14M | 0.02% |
54,474
-7,683
| -12% | -$1.06M |
|
522
Invesco NASDAQ Internet ETF
PNQI
$526M
| $8.05M | 0.02% |
315,000
+17,600
| +6% | +$454K |
|
523
Sysco
SYY
$40.7B
| $8M | 0.02% |
133,465
-5,125
| -4% | -$310K |
|
524
Pacer Trendpilot European Index ETF
PTEU
$36.3M
| $8M | 0.02% |
265,973
+27,263
| +11% | +$847K |
|
|
IBDH
525
DELISTED
iShares iBonds Dec 2018 Term Corporate ETF
IBDH
| $7.98M | 0.02% |
317,342
+15,198
| +5% | +$382K |
|
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.