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 | |
|---|---|---|---|---|---|---|
676
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.94B
| $5.8M | 0.01% |
610,055
+180,065
| +42% | +$1.72M |
|
677
Global X SuperDividend ETF
SDIV
$1.22B
| $5.78M | 0.01% |
94,386
-820
| -0.9% | -$51K |
|
678
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$424M
| $5.76M | 0.01% |
100,163
+63,268
| +171% | +$3.59M |
|
679
iShares Convertible Bond ETF
ICVT
$7.1B
| $5.76M | 0.01% |
96,169
+36,512
| +61% | +$2.15M |
|
|
SFIX
680
Stitch Fix
SFIX
$558M
| $5.75M | 0.01% |
131,367
+38,667
| +42% | +$1.41M |
|
|
WBIA
681
DELISTED
WBI BullBear Rising Income 2000 ETF
WBIA
| $5.75M | 0.01% |
235,746
+75,396
| +47% | +$1.88M |
|
|
HFRO
682
Highland Opportunities and Income Fund
HFRO
$407M
| $5.74M | 0.01% |
372,319
+22,953
| +7% | +$361K |
|
683
Southwest Airlines
LUV
$22.5B
| $5.73M | 0.01% |
91,790
-3,818
| -4% | -$223K |
|
684
Humana
HUM
$46.4B
| $5.69M | 0.01% |
16,821
-1,108
| -6% | -$360K |
|
685
Fidelity National Information Services
FIS
$23.2B
| $5.65M | 0.01% |
51,826
+1,189
| +2% | +$128K |
|
686
AdvisorShares Dorsey Wright ADR ETF
AADR
$38.4M
| $5.65M | 0.01% |
105,019
-15,474
| -13% | -$813K |
|
687
KeyCorp
KEY
$24.1B
| $5.63M | 0.01% |
283,225
+31,689
| +13% | +$658K |
|
|
SVC
688
Service Properties Trust
SVC
$1.1B
| $5.63M | 0.01% |
39,005
-532
| -1% | -$76.3K |
|
689
iShares Emerging Markets Dividend ETF
DVYE
$1.2B
| $5.6M | 0.01% |
144,003
+39,686
| +38% | +$1.58M |
|
690
iShares MSCI India ETF
INDA
$6.84B
| $5.6M | 0.01% |
172,450
-7,770
| -4% | -$268K |
|
691
iShares Micro-Cap ETF
IWC
$1.45B
| $5.59M | 0.01% |
52,554
+7,536
| +17% | +$808K |
|
692
State Street SPDR S&P Homebuilders ETF
XHB
$1.68B
| $5.59M | 0.01% |
145,321
-10,896
| -7% | -$436K |
|
693
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.68B
| $5.56M | 0.01% |
381,973
+11,463
| +3% | +$169K |
|
694
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $5.56M | 0.01% |
191,223
-6,635
| -3% | -$195K |
|
695
WBI BullBear Value 3000 ETF
WBIF
$24M
| $5.54M | 0.01% |
181,336
-4,539
| -2% | -$135K |
|
696
Equinix
EQIX
$103B
| $5.54M | 0.01% |
12,804
+3,002
| +31% | +$1.31M |
|
697
WBI BullBear Quality 3000 ETF
WBIL
$30.2M
| $5.54M | 0.01% |
196,179
+9,197
| +5% | +$254K |
|
698
Vanguard Russell 3000 ETF
VTHR
$4.65B
| $5.53M | 0.01% |
41,385
+508
| +1% | +$66.7K |
|
699
Akamai
AKAM
$16.4B
| $5.53M | 0.01% |
75,537
-448
| -0.6% | -$33.7K |
|
700
Invesco Variable Rate Preferred ETF
VRP
$2.98B
| $5.5M | 0.01% |
220,777
+64,888
| +42% | +$1.62M |
|
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.