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 | |
|---|---|---|---|---|---|---|
801
ProShares Trust Short MSCI Emerging Markets
EUM
$9.92M
| $4.38M | 0.01% |
+114,282
| New | +$4.37M |
|
802
Church & Dwight Co
CHD
$23.7B
| $4.37M | 0.01% |
73,670
+19,862
| +37% | +$1.12M |
|
803
First Trust RBA American Industrial Renaissance ETF
AIRR
$10B
| $4.37M | 0.01% |
156,102
-4,857
| -3% | -$135K |
|
804
Kroger
KR
$36.3B
| $4.36M | 0.01% |
149,828
-23,031
| -13% | -$685K |
|
|
EFF
805
DELISTED
EATON VANCE FLOATING-RATE INCOME PLUS FUND
EFF
| $4.36M | 0.01% |
275,553
+34,013
| +14% | +$551K |
|
|
CERN
806
DELISTED
Cerner Corp
CERN
| $4.34M | 0.01% |
67,454
-2,507
| -4% | -$159K |
|
807
Invesco Dividend Achievers ETF
PFM
$799M
| $4.33M | 0.01% |
157,448
-725
| -0.5% | -$19.5K |
|
808
Invesco S&P SmallCap Value with Momentum ETF
XSVM
$684M
| $4.33M | 0.01% |
133,591
+4,390
| +3% | +$144K |
|
809
Synchrony
SYF
$25.1B
| $4.33M | 0.01% |
139,175
-24,446
| -15% | -$779K |
|
|
LSI
810
DELISTED
Life Storage, Inc.
LSI
| $4.32M | 0.01% |
68,100
-4,460
| -6% | -$289K |
|
811
Ingredion
INGR
$6.48B
| $4.32M | 0.01% |
41,113
+34,667
| +538% | +$3.54M |
|
812
Sabra Healthcare REIT
SBRA
$5.61B
| $4.32M | 0.01% |
186,633
+13,062
| +8% | +$296K |
|
|
BSJI
813
DELISTED
Invesco BulletShares 2018 High Yield Corporate Bond ETF
BSJI
| $4.31M | 0.01% |
171,510
-48,248
| -22% | -$1.21M |
|
814
Suncor Energy
SU
$75.4B
| $4.3M | 0.01% |
111,046
-5,619
| -5% | -$227K |
|
|
BNY
815
Bank of New York Mellon
BNY
$106B
| $4.27M | 0.01% |
83,811
-775
| -0.9% | -$40.8K |
|
816
iShares Global Infrastructure ETF
IGF
$10.9B
| $4.27M | 0.01% |
101,346
-17,758
| -15% | -$764K |
|
817
Xtrackers MSCI All World ex US Hedged Equity ETF
DBAW
$285M
| $4.26M | 0.01% |
153,437
+1,228
| +0.8% | +$33.9K |
|
818
First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
$98.8M
| $4.24M | 0.01% |
86,122
+6,575
| +8% | +$326K |
|
819
Teva Pharmaceuticals
TEVA
$36.9B
| $4.22M | 0.01% |
195,868
+5,251
| +3% | +$122K |
|
|
NVO
820
Novo Nordisk
NVO
$225B
| $4.21M | 0.01% |
178,768
+2,318
| +1% | +$56.6K |
|
821
McKesson
MCK
$104B
| $4.21M | 0.01% |
31,746
-2,330
| -7% | -$304K |
|
822
Global X Lithium & Battery Tech ETF
LIT
$1.46B
| $4.21M | 0.01% |
127,655
-30,747
| -19% | -$994K |
|
|
CGC
823
Canopy Growth
CGC
$377M
| $4.2M | 0.01% |
8,626
+2,596
| +43% | +$960K |
|
824
Vanguard Long-Term Treasury ETF
VGLT
$10.2B
| $4.2M | 0.01% |
58,125
+2,159
| +4% | +$159K |
|
825
Cognizant
CTSH
$23.8B
| $4.19M | 0.01% |
54,342
-19,104
| -26% | -$1.49M |
|
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.