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 | |
|---|---|---|---|---|---|---|
626
State Street SPDR ICE Preferred Securities ETF
PSK
$692M
| $6.02M | 0.02% |
138,573
-41,937
| -23% | -$1.81M |
|
627
Intercontinental Exchange
ICE
$86.4B
| $6.02M | 0.02% |
82,962
-24,274
| -23% | -$1.77M |
|
|
APU
628
DELISTED
AmeriGas Partners, L.P.
APU
| $5.98M | 0.02% |
149,660
-9,005
| -6% | -$399K |
|
|
MON
629
DELISTED
Monsanto Co
MON
| $5.97M | 0.02% |
51,164
-12,737
| -20% | -$1.53M |
|
630
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.32B
| $5.96M | 0.02% |
147,906
-169
| -0.1% | -$7.01K |
|
631
Monster Beverage
MNST
$95.6B
| $5.93M | 0.02% |
207,388
+36,852
| +22% | +$1.15M |
|
632
Cheniere Energy
LNG
$52.8B
| $5.92M | 0.02% |
110,852
+27,369
| +33% | +$1.51M |
|
633
WisdomTree US AI Enhanced Value Fund
AIVL
$433M
| $5.88M | 0.02% |
69,548
+4,131
| +6% | +$365K |
|
634
Booking.com
BKNG
$154B
| $5.87M | 0.02% |
70,525
+11,025
| +19% | +$867K |
|
|
FPF
635
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $5.85M | 0.02% |
251,515
+177,754
| +241% | +$4.15M |
|
636
Baxter International
BAX
$12.6B
| $5.83M | 0.02% |
89,676
+20,815
| +30% | +$1.41M |
|
637
eBay
EBAY
$52.1B
| $5.83M | 0.02% |
144,959
+26,493
| +22% | +$1.1M |
|
638
Prudential Financial
PRU
$43B
| $5.81M | 0.02% |
56,104
+5,027
| +10% | +$567K |
|
639
VanEck Junior Gold Miners ETF
GDXJ
$6.99B
| $5.81M | 0.02% |
180,684
-34,511
| -16% | -$1.13M |
|
|
ETP
640
DELISTED
Energy Transfer Partners, L.P.
ETP
| $5.81M | 0.02% |
358,050
+85,195
| +31% | +$1.58M |
|
641
ProShares Short 20+ Year Treasury ETF
TBF
$85.7M
| $5.79M | 0.02% |
255,259
+96,031
| +60% | +$2.2M |
|
642
MDU Resources
MDU
$4.31B
| $5.78M | 0.02% |
540,047
-11,506
| -2% | -$117K |
|
643
PUT
Invesco QQQ Trust
QQQ
$445B
| $5.76M | 0.02% |
36,000
-9,300
| -21% | -$1.54M |
|
|
BSJI
644
DELISTED
Invesco BulletShares 2018 High Yield Corporate Bond ETF
BSJI
| $5.76M | 0.02% |
229,433
+31,990
| +16% | +$802K |
|
645
First Trust Consumer Staples AlphaDEX Fund
FXG
$235M
| $5.73M | 0.02% |
122,241
-14,285
| -10% | -$692K |
|
646
Goldman Sachs Hedge Industry VIP ETF
GVIP
$549M
| $5.69M | 0.02% |
106,186
+7,501
| +8% | +$414K |
|
647
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $5.67M | 0.02% |
235,922
+25,819
| +12% | +$628K |
|
|
PX
648
DELISTED
Praxair Inc
PX
| $5.67M | 0.02% |
39,258
+13,007
| +50% | +$2.02M |
|
649
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.16B
| $5.66M | 0.02% |
105,750
+5,277
| +5% | +$288K |
|
650
Hartford Multifactor US Equity ETF
ROUS
$695M
| $5.64M | 0.02% |
181,129
+168,921
| +1,384% | +$5.39M |
|
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.