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 500 ETF
IVV
|
+$166M |
| 2 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$133M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$126M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$120M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.1M |
| 2 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$42.7M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$38.3M |
| 4 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$36.5M |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.1% |
| 2 | Financials | 2.91% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.26% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$274M
| $3.07M | 0.01% |
71,950
+4,717
| +7% | +$206K |
|
902
iShares Core International Aggregate Bond Fund
IAGG
$10.9B
| $3.06M | 0.01% |
58,122
+22,141
| +62% | +$1.15M |
|
|
GRES
903
DELISTED
IQ ARB Global Resources
GRES
| $3.06M | 0.01% |
111,061
+29,949
| +37% | +$842K |
|
904
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.52B
| $3.06M | 0.01% |
21,710
-8,841
| -29% | -$1.27M |
|
905
Cognex
CGNX
$9.57B
| $3.05M | 0.01% |
58,742
-9,296
| -14% | -$550K |
|
906
Allstate
ALL
$70.8B
| $3.05M | 0.01% |
32,183
-17,970
| -36% | -$1.74M |
|
|
WBID
907
DELISTED
WBI BullBear Quality 2000 ETF
WBID
| $3.04M | 0.01% |
+127,889
| New | +$3.14M |
|
|
CERN
908
DELISTED
Cerner Corp
CERN
| $3.03M | 0.01% |
52,288
+23,036
| +79% | +$1.5M |
|
|
WBIB
909
DELISTED
WBI BullBear Value 2000 ETF
WBIB
| $3.03M | 0.01% |
+122,036
| New | +$3.16M |
|
910
Invesco KBW Property & Casualty Insurance ETF
KBWP
$278M
| $3.03M | 0.01% |
48,890
-3,971
| -8% | -$240K |
|
|
ETFC
911
DELISTED
E*Trade Financial Corporation
ETFC
| $3.02M | 0.01% |
54,505
+3,467
| +7% | +$185K |
|
912
Cencora
COR
$62.3B
| $3.01M | 0.01% |
34,959
+904
| +3% | +$86.8K |
|
913
Masco
MAS
$14.7B
| $3.01M | 0.01% |
74,521
+2,691
| +4% | +$116K |
|
914
POSCO
PKX
$14.8B
| $3.01M | 0.01% |
38,200
+5,734
| +18% | +$484K |
|
915
iShares Intermediate Government/Credit Bond ETF
GVI
$3.77B
| $3M | 0.01% |
27,747
-1,928
| -6% | -$209K |
|
916
First Trust Mid Cap Value AlphaDEX Fund
FNK
$231M
| $2.99M | 0.01% |
86,175
+2,798
| +3% | +$100K |
|
|
RCS
917
PIMCO Strategic Income Fund
RCS
$242M
| $2.98M | 0.01% |
321,482
+282,187
| +718% | +$2.57M |
|
918
Icahn Enterprises
IEP
$5.15B
| $2.95M | 0.01% |
51,752
+41,869
| +424% | +$2.39M |
|
919
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$216M
| $2.95M | 0.01% |
116,166
+11,529
| +11% | +$298K |
|
920
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.89B
| $2.95M | 0.01% |
125,335
+11,493
| +10% | +$274K |
|
921
Wynn Resorts
WYNN
$10.2B
| $2.94M | 0.01% |
16,147
-27,290
| -63% | -$4.72M |
|
|
SNV
922
DELISTED
Synovus
SNV
| $2.94M | 0.01% |
58,934
+7,796
| +15% | +$393K |
|
923
JetBlue
JBLU
$2.17B
| $2.94M | 0.01% |
144,733
+6,874
| +5% | +$146K |
|
924
Invesco S&P International Developed Low Volatility ETF
IDLV
$344M
| $2.94M | 0.01% |
88,547
-14,633
| -14% | -$493K |
|
925
Copart
CPRT
$28.9B
| $2.93M | 0.01% |
230,312
+67,036
| +41% | +$776K |
|
Similar funds
LPL Financial's Q1 2018 Portfolio in Review
As of Q1 2018, LPL Financial held 3,320 positions worth $36.3B, up 11% from $32.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $3.99B of net new capital in Q1 2018, opening 302 new positions and adding to 1,901 existing holdings. Its largest new stake was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $65.1M trimmed.
- LPL Financial's largest Q1 2018 buy was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q1 2018, an estimated $166M increase.
- LPL Financial's biggest Q1 2018 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $65.1M.
- LPL Financial fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $2.09M.
- LPL Financial's ten largest holdings make up 23% of its $36.3B portfolio in Q1 2018.
- LPL Financial opened 302 new positions and closed 144 in Q1 2018.
- LPL Financial's portfolio value rose 11% quarter-over-quarter to $36.3B.
Based on LPL Financial's 13F filing for Q1 2018, filed 15 May 2018.