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 | |
|---|---|---|---|---|---|---|
701
Global X Lithium & Battery Tech ETF
LIT
$1.5B
| $5.15M | 0.01% |
158,402
-7,518
| -5% | -$251K |
|
702
Vanguard Russell 3000 ETF
VTHR
$4.63B
| $5.14M | 0.01% |
40,877
-2,032
| -5% | -$253K |
|
|
FISV
703
Fiserv Inc
FISV
$27.9B
| $5.14M | 0.01% |
69,372
+7,519
| +12% | +$546K |
|
|
IBMI
704
DELISTED
iShares iBonds Sep 2020 Term Muni Bond ETF
IBMI
| $5.14M | 0.01% |
202,525
+9,599
| +5% | +$243K |
|
705
iShares MSCI Europe Financials ETF
EUFN
$4.07B
| $5.13M | 0.01% |
253,505
-41,596
| -14% | -$937K |
|
706
Cullen/Frost Bankers
CFR
$10.3B
| $5.13M | 0.01% |
47,348
+2,891
| +7% | +$326K |
|
707
iShares Global Infrastructure ETF
IGF
$10.9B
| $5.12M | 0.01% |
119,104
-25,940
| -18% | -$1.12M |
|
708
Archer Daniels Midland
ADM
$40.1B
| $5.09M | 0.01% |
111,034
+1,352
| +1% | +$60.7K |
|
709
Vanguard Russell 1000 ETF
VONE
$8.19B
| $5M | 0.01% |
39,995
+446
| +1% | +$55.4K |
|
710
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $4.99M | 0.01% |
227,610
-3,086
| -1% | -$67.9K |
|
711
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$269M
| $4.98M | 0.01% |
117,499
-137,978
| -54% | -$5.73M |
|
712
Trane Technologies
TT
$107B
| $4.98M | 0.01% |
55,461
+2,391
| +5% | +$210K |
|
713
Boston Scientific
BSX
$67.6B
| $4.97M | 0.01% |
152,043
+57,084
| +60% | +$1.72M |
|
714
Marriott International
MAR
$101B
| $4.97M | 0.01% |
39,225
+6,549
| +20% | +$890K |
|
715
iShares China Large-Cap ETF
FXI
$4.22B
| $4.93M | 0.01% |
114,830
-65,149
| -36% | -$3.05M |
|
716
Invesco S&P SmallCap Health Care ETF
PSCH
$161M
| $4.93M | 0.01% |
+115,134
| New | +$4.66M |
|
717
Kroger
KR
$35.5B
| $4.92M | 0.01% |
172,859
-23,903
| -12% | -$601K |
|
718
KeyCorp
KEY
$24.1B
| $4.92M | 0.01% |
251,536
-30
| -0% | -$599 |
|
|
BSCI
719
DELISTED
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
| $4.88M | 0.01% |
230,731
-5,654
| -2% | -$119K |
|
720
Expeditors International
EXPD
$22.4B
| $4.88M | 0.01% |
66,770
+9,025
| +16% | +$631K |
|
721
WBI BullBear Quality 3000 ETF
WBIL
$29.9M
| $4.88M | 0.01% |
186,982
+25,504
| +16% | +$679K |
|
722
First Trust Multi Cap Value AlphaDEX Fund
FAB
$163M
| $4.87M | 0.01% |
86,699
+40,911
| +89% | +$2.28M |
|
723
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$265M
| $4.87M | 0.01% |
132,595
-133,541
| -50% | -$5.06M |
|
724
Southwest Airlines
LUV
$22.2B
| $4.87M | 0.01% |
95,608
+9,886
| +12% | +$521K |
|
725
Tyson Foods
TSN
$21.4B
| $4.86M | 0.01% |
70,615
+906
| +1% | +$63K |
|
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.