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 | |
|---|---|---|---|---|---|---|
776
VanEck Preferred Securities ex Financials ETF
PFXF
$2.4B
| $4.01M | 0.01% |
226,107
-24,657
| -10% | -$455K |
|
777
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$505M
| $4M | 0.01% |
78,734
-1,933
| -2% | -$98.6K |
|
778
iShares US Basic Materials ETF
IYM
$1.14B
| $4M | 0.01% |
47,652
-4,173
| -8% | -$373K |
|
779
ServiceNow
NOW
$114B
| $4M | 0.01% |
112,260
+44,405
| +65% | +$1.58M |
|
780
WisdomTree US AI Enhanced Value Fund
AIVL
$433M
| $3.98M | 0.01% |
51,744
-3,381
| -6% | -$286K |
|
|
LLL
781
DELISTED
L3 Technologies, Inc.
LLL
| $3.98M | 0.01% |
22,933
+944
| +4% | +$182K |
|
|
X
782
DELISTED
US Steel
X
| $3.97M | 0.01% |
217,677
+2,678
| +1% | +$67K |
|
783
State Street SPDR S&P Homebuilders ETF
XHB
$1.69B
| $3.97M | 0.01% |
122,061
-23,260
| -16% | -$800K |
|
784
Global X FinTech ETF
FINX
$173M
| $3.97M | 0.01% |
179,528
-98,645
| -35% | -$2.42M |
|
785
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $3.96M | 0.01% |
94,484
+67,004
| +244% | +$2.95M |
|
|
STI
786
DELISTED
SunTrust Banks, Inc.
STI
| $3.96M | 0.01% |
78,430
-1,494
| -2% | -$89.5K |
|
787
S&P Global
SPGI
$126B
| $3.96M | 0.01% |
23,272
+5,511
| +31% | +$987K |
|
788
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $3.96M | 0.01% |
29,623
+1,819
| +7% | +$233K |
|
789
Vanguard Communication Services ETF
VOX
$5.69B
| $3.94M | 0.01% |
53,264
-5,753
| -10% | -$459K |
|
|
VMW
790
DELISTED
VMware, Inc
VMW
| $3.93M | 0.01% |
28,662
+3,728
| +15% | +$563K |
|
791
iShares Morningstar Small-Cap Growth ETF
ISCG
$976M
| $3.92M | 0.01% |
141,432
-49,860
| -26% | -$1.53M |
|
|
FAX
792
abrdn Asia-Pacific Income Fund
FAX
$595M
| $3.92M | 0.01% |
168,815
-29,717
| -15% | -$712K |
|
793
Archer Daniels Midland
ADM
$40.1B
| $3.92M | 0.01% |
95,558
-27,181
| -22% | -$1.27M |
|
|
CHI
794
Calamos Convertible Opportunities and Income Fund
CHI
$994M
| $3.91M | 0.01% |
440,950
+100,622
| +30% | +$1M |
|
795
American International
AIG
$42.9B
| $3.9M | 0.01% |
99,063
-14,971
| -13% | -$654K |
|
|
EXAS
796
DELISTED
Exact Sciences
EXAS
| $3.9M | 0.01% |
61,748
+12,950
| +27% | +$889K |
|
|
CGC
797
Canopy Growth
CGC
$377M
| $3.89M | 0.01% |
14,479
+5,853
| +68% | +$2.2M |
|
798
Chipotle Mexican Grill
CMG
$43B
| $3.89M | 0.01% |
449,950
+42,950
| +11% | +$388K |
|
|
RCS
799
PIMCO Strategic Income Fund
RCS
$243M
| $3.88M | 0.01% |
400,464
+36,477
| +10% | +$341K |
|
800
PIMCO Corporate & Income Opportunity Fund
PTY
$2.49B
| $3.87M | 0.01% |
252,325
+81,500
| +48% | +$1.32M |
|
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.