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 | |
|---|---|---|---|---|---|---|
851
WisdomTree Europe SmallCap Dividend Fund
DFE
$164M
| $3.88M | 0.01% |
61,302
+447
| +0.7% | +$29K |
|
852
Dollar Tree
DLTR
$24.4B
| $3.87M | 0.01% |
47,439
+6,216
| +15% | +$546K |
|
853
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$80.6M
| $3.86M | 0.01% |
175,278
+40,902
| +30% | +$902K |
|
|
EXAS
854
DELISTED
Exact Sciences
EXAS
| $3.85M | 0.01% |
48,798
+3,437
| +8% | +$224K |
|
855
WisdomTree US LargeCap Fund
EPS
$1.58B
| $3.84M | 0.01% |
117,478
+71
| +0.1% | +$2.28K |
|
|
MMP
856
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $3.84M | 0.01% |
56,643
-693
| -1% | -$48.1K |
|
857
CME Group
CME
$93.5B
| $3.83M | 0.01% |
22,500
+1,897
| +9% | +$319K |
|
858
iShares Global Energy ETF
IXC
$2.68B
| $3.83M | 0.01% |
101,427
+11,618
| +13% | +$430K |
|
859
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$311M
| $3.82M | 0.01% |
88,924
-778
| -0.9% | -$34.1K |
|
860
DNP Select Income Fund
DNP
$4.14B
| $3.82M | 0.01% |
344,960
+12,411
| +4% | +$137K |
|
861
Ross Stores
ROST
$80.5B
| $3.8M | 0.01% |
38,389
+19,038
| +98% | +$1.75M |
|
862
Invesco Water Resources ETF
PHO
$2.05B
| $3.76M | 0.01% |
118,146
-2,634
| -2% | -$82.9K |
|
863
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$220M
| $3.76M | 0.01% |
114,123
+9,618
| +9% | +$298K |
|
864
Bank of Montreal
BMO
$127B
| $3.74M | 0.01% |
45,363
-1,167
| -3% | -$93.9K |
|
865
Invesco S&P 500 BuyWrite ETF
PBP
$353M
| $3.74M | 0.01% |
164,817
+12,297
| +8% | +$275K |
|
866
Skyworks Solutions
SWKS
$9.73B
| $3.74M | 0.01% |
41,212
+5,278
| +15% | +$494K |
|
867
iShares US Consumer Staples ETF
IYK
$1.44B
| $3.73M | 0.01% |
94,263
+6,162
| +7% | +$247K |
|
868
First Trust Utilities AlphaDEX Fund
FXU
$836M
| $3.71M | 0.01% |
134,614
-77,873
| -37% | -$2.11M |
|
869
Chipotle Mexican Grill
CMG
$43B
| $3.7M | 0.01% |
407,000
-139,750
| -26% | -$1.33M |
|
870
Prospect Capital
PSEC
$1.12B
| $3.69M | 0.01% |
503,322
+86,544
| +21% | +$612K |
|
|
COL
871
DELISTED
Rockwell Collins
COL
| $3.68M | 0.01% |
26,214
-685
| -3% | -$94.3K |
|
872
Ball Corp
BALL
$17.8B
| $3.68M | 0.01% |
83,666
+17,872
| +27% | +$727K |
|
873
Pacer Global Cash Cows Dividend ETF
GCOW
$3.4B
| $3.68M | 0.01% |
118,660
-4,105
| -3% | -$127K |
|
|
BSCM
874
DELISTED
Invesco BulletShares 2022 Corporate Bond ETF
BSCM
| $3.68M | 0.01% |
178,099
+14,660
| +9% | +$303K |
|
875
WEC Energy
WEC
$37B
| $3.68M | 0.01% |
55,092
-2,983
| -5% | -$199K |
|
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.