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 US Aggregate Bond ETF
AGG
|
+$127M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$86.5M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$66.9M |
| 4 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$58.9M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$57.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$67M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$44.8M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$38.8M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$36.2M |
| 5 |
iShares MSCI Germany ETF
EWG
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.44% |
| 4 | Industrials | 2.02% |
| 5 | Communication Services | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Wynn Resorts
WYNN
$10.3B
| $4.24M | 0.01% |
42,825
+1,261
| +3% | +$136K |
|
752
Nuveen Municipal Value Fund
NUV
$1.91B
| $4.24M | 0.01% |
456,896
+41,178
| +10% | +$381K |
|
753
TE Connectivity
TEL
$62.1B
| $4.23M | 0.01% |
55,891
-1,165
| -2% | -$89.7K |
|
754
Trade Desk
TTD
$8.89B
| $4.21M | 0.01% |
362,790
+60,040
| +20% | +$752K |
|
755
WisdomTree International SmallCap Dividend Fund
DLS
$1.05B
| $4.21M | 0.01% |
69,795
-47,604
| -41% | -$3.09M |
|
756
Sherwin-Williams
SHW
$87.4B
| $4.17M | 0.01% |
31,836
-13,173
| -29% | -$1.78M |
|
757
Kroger
KR
$36.3B
| $4.17M | 0.01% |
151,704
+1,876
| +1% | +$54.4K |
|
758
Cohen & Steers REIT and Preferred and Income Fund
RNP
$996M
| $4.16M | 0.01% |
233,698
+26,785
| +13% | +$489K |
|
759
Global Net Lease
GNL
$1.86B
| $4.14M | 0.01% |
235,189
+15,529
| +7% | +$309K |
|
760
Liberty All-Star Equity Fund
USA
$1.79B
| $4.14M | 0.01% |
770,262
+115,592
| +18% | +$687K |
|
|
BNY
761
Bank of New York Mellon
BNY
$106B
| $4.14M | 0.01% |
87,998
+4,187
| +5% | +$203K |
|
762
Intuit
INTU
$85.6B
| $4.14M | 0.01% |
21,035
+301
| +1% | +$62.6K |
|
763
Winmark
WINA
$1.24B
| $4.14M | 0.01% |
26,011
+2,004
| +8% | +$307K |
|
764
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$774M
| $4.13M | 0.01% |
232,790
+1,110
| +0.5% | +$21.1K |
|
|
FPF
765
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $4.12M | 0.01% |
208,203
-4,681
| -2% | -$93.9K |
|
|
SPYM
766
State Street SPDR Portfolio S&P 500 ETF
SPYM
$160B
| $4.12M | 0.01% |
141,112
-10,690
| -7% | -$337K |
|
767
Global X SuperDividend ETF
SDIV
$1.22B
| $4.12M | 0.01% |
80,242
-14,144
| -15% | -$801K |
|
768
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.37B
| $4.11M | 0.01% |
83,057
+13,307
| +19% | +$658K |
|
769
DNP Select Income Fund
DNP
$4.14B
| $4.11M | 0.01% |
395,395
+50,435
| +15% | +$552K |
|
770
Rockwell Automation
ROK
$52.4B
| $4.11M | 0.01% |
27,306
+1,317
| +5% | +$220K |
|
|
DWTR
771
DELISTED
Invesco DWA Tactical Sector Rotation ETF
DWTR
| $4.08M | 0.01% |
165,982
-30,582
| -16% | -$823K |
|
772
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $4.05M | 0.01% |
159,351
+117,629
| +282% | +$3.02M |
|
773
Halliburton
HAL
$26.1B
| $4.04M | 0.01% |
152,092
-24,656
| -14% | -$832K |
|
774
Humana
HUM
$46.7B
| $4.04M | 0.01% |
14,093
-2,728
| -16% | -$865K |
|
775
Invesco Dividend Achievers ETF
PFM
$799M
| $4.03M | 0.01% |
162,947
+5,499
| +3% | +$145K |
|
Similar funds
LPL Financial's Q4 2018 Portfolio in Review
As of Q4 2018, LPL Financial held 3,382 positions worth $37.6B, down 9.9% from $41.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial's Q4 2018 filing shows 155 new, 1,459 increased, 1,397 reduced and 312 closed positions. Its largest new stake was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M. The largest sale was iShares Core S&P Small-Cap ETF, an estimated $67M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.4% a quarter earlier, followed by Financials and Healthcare.
- LPL Financial's largest Q4 2018 buy was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M.
- LPL Financial added most to iShares Core US Aggregate Bond ETF in Q4 2018, an estimated $127M increase.
- LPL Financial's biggest Q4 2018 reduction was iShares Core S&P Small-Cap ETF, cutting an estimated $67M.
- LPL Financial fully exited Corporate Capital Trust, Inc. in Q4 2018, selling an estimated $30.3M.
- LPL Financial's ten largest holdings make up 24% of its $37.6B portfolio in Q4 2018.
- LPL Financial opened 155 new positions and closed 312 in Q4 2018.
- LPL Financial's portfolio value fell 9.9% quarter-over-quarter to $37.6B.
Based on LPL Financial's 13F filing for Q4 2018, filed 7 Feb 2019.