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 | |
|---|---|---|---|---|---|---|
876
iShares US Consumer Staples ETF
IYK
$1.44B
| $3.47M | 0.01% |
88,101
+4,017
| +5% | +$156K |
|
877
Skyworks Solutions
SWKS
$9.68B
| $3.47M | 0.01% |
35,934
-2,338
| -6% | -$227K |
|
878
State Street
STT
$49.9B
| $3.47M | 0.01% |
37,298
+2,044
| +6% | +$203K |
|
879
Liberty All-Star Equity Fund
USA
$1.78B
| $3.47M | 0.01% |
542,228
+92,332
| +21% | +$588K |
|
880
Cambria Global Asset Allocation ETF
GAA
$72.1M
| $3.46M | 0.01% |
128,977
-1,116
| -0.9% | -$30.5K |
|
881
Motorola Solutions
MSI
$73B
| $3.45M | 0.01% |
29,684
+20,828
| +235% | +$2.3M |
|
882
iShares Convertible Bond ETF
ICVT
$7.12B
| $3.44M | 0.01% |
59,657
+19,014
| +47% | +$1.09M |
|
883
S&P Global
SPGI
$128B
| $3.44M | 0.01% |
16,847
+3,006
| +22% | +$594K |
|
884
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$1.99B
| $3.42M | 0.01% |
163,491
+2,921
| +2% | +$62.6K |
|
|
WBIB
885
DELISTED
WBI BullBear Value 2000 ETF
WBIB
| $3.42M | 0.01% |
140,853
+18,817
| +15% | +$463K |
|
886
Copart
CPRT
$28.6B
| $3.4M | 0.01% |
240,620
+10,308
| +4% | +$140K |
|
887
Bank of America Series L
BAC.PRL
$3.97B
| $3.4M | 0.01% |
2,719
-38
| -1% | -$48.2K |
|
888
Magna International
MGA
$18.9B
| $3.39M | 0.01% |
58,245
-6,367
| -10% | -$395K |
|
889
CME Group
CME
$93.7B
| $3.38M | 0.01% |
20,603
+2,531
| +14% | +$413K |
|
|
BSCM
890
DELISTED
Invesco BulletShares 2022 Corporate Bond ETF
BSCM
| $3.38M | 0.01% |
163,439
+7,595
| +5% | +$157K |
|
891
iShares Global Energy ETF
IXC
$2.68B
| $3.36M | 0.01% |
89,809
+11,314
| +14% | +$419K |
|
|
FM
892
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.35M | 0.01% |
116,355
+5,888
| +5% | +$190K |
|
893
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $3.33M | 0.01% |
356,845
-58,628
| -14% | -$575K |
|
|
IPFF
894
DELISTED
iShares International Preferred Stock ETF
IPFF
| $3.33M | 0.01% |
191,089
-56,126
| -23% | -$1.01M |
|
895
Eversource Energy
ES
$28.6B
| $3.32M | 0.01% |
56,628
-1,749
| -3% | -$101K |
|
896
iShares North American Natural Resources ETF
IGE
$728M
| $3.32M | 0.01% |
90,039
-3,690
| -4% | -$133K |
|
897
Invesco S&P 500 BuyWrite ETF
PBP
$353M
| $3.3M | 0.01% |
152,520
-33,767
| -18% | -$728K |
|
|
CS
898
DELISTED
Credit Suisse Group
CS
| $3.3M | 0.01% |
221,612
+5,742
| +3% | +$92.5K |
|
899
American Airlines Group
AAL
$10.2B
| $3.28M | 0.01% |
86,523
+3,093
| +4% | +$136K |
|
900
Invesco China Technology ETF
CQQQ
$3.01B
| $3.25M | 0.01% |
58,474
-16,614
| -22% | -$977K |
|
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.