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 | |
|---|---|---|---|---|---|---|
751
McKesson
MCK
$99.5B
| $4.55M | 0.01% |
34,076
-4,460
| -12% | -$652K |
|
752
Alliant Energy
LNT
$19.1B
| $4.53M | 0.01% |
107,107
+7,316
| +7% | +$301K |
|
753
DTE Energy
DTE
$30.6B
| $4.53M | 0.01% |
51,309
-912
| -2% | -$79K |
|
754
Seagate
STX
$185B
| $4.51M | 0.01% |
79,898
-3,429
| -4% | -$198K |
|
755
Williams Companies
WMB
$86.6B
| $4.51M | 0.01% |
166,319
-338
| -0.2% | -$8.91K |
|
756
iShares Europe ETF
IEV
$1.64B
| $4.51M | 0.01% |
100,788
-35,094
| -26% | -$1.65M |
|
757
Blackstone Mortgage Trust
BXMT
$2.8B
| $4.49M | 0.01% |
142,768
+6,227
| +5% | +$196K |
|
758
Omega Healthcare
OHI
$15.3B
| $4.46M | 0.01% |
144,009
-13,492
| -9% | -$386K |
|
759
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.88B
| $4.46M | 0.01% |
103,967
+4,570
| +5% | +$209K |
|
760
FMC
FMC
$1.39B
| $4.45M | 0.01% |
57,482
+4,933
| +9% | +$366K |
|
761
Invesco S&P 500 Top 50 ETF
XLG
$10.4B
| $4.45M | 0.01% |
230,640
+18,330
| +9% | +$352K |
|
762
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.18B
| $4.43M | 0.01% |
113,554
+79,709
| +236% | +$3.08M |
|
763
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$259M
| $4.42M | 0.01% |
46,411
-10,637
| -19% | -$981K |
|
764
Dollar General
DG
$27.2B
| $4.41M | 0.01% |
44,763
-37
| -0.1% | -$3.56K |
|
|
ETJ
765
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$563M
| $4.4M | 0.01% |
466,362
+19,243
| +4% | +$179K |
|
|
CEQP
766
DELISTED
Crestwood Equity Partners LP
CEQP
| $4.39M | 0.01% |
138,270
+14,548
| +12% | +$437K |
|
767
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $4.39M | 0.01% |
47,915
+8,028
| +20% | +$735K |
|
768
Illumina
ILMN
$28.7B
| $4.39M | 0.01% |
16,150
+6,664
| +70% | +$1.7M |
|
769
First Trust Materials AlphaDEX Fund
FXZ
$373M
| $4.36M | 0.01% |
104,262
-18,402
| -15% | -$789K |
|
|
ETFC
770
DELISTED
E*Trade Financial Corporation
ETFC
| $4.32M | 0.01% |
70,591
+16,086
| +30% | +$996K |
|
771
First Trust RBA American Industrial Renaissance ETF
AIRR
$10.4B
| $4.32M | 0.01% |
160,959
-14,081
| -8% | -$370K |
|
772
Eastman Chemical
EMN
$7.74B
| $4.29M | 0.01% |
42,948
-2,968
| -6% | -$313K |
|
|
BSCL
773
DELISTED
Invesco BulletShares 2021 Corporate Bond ETF
BSCL
| $4.26M | 0.01% |
205,140
+15,603
| +8% | +$324K |
|
774
Wynn Resorts
WYNN
$10.3B
| $4.23M | 0.01% |
25,282
+9,135
| +57% | +$1.69M |
|
775
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $4.21M | 0.01% |
130,574
+3,734
| +3% | +$118K |
|
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.