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 | |
|---|---|---|---|---|---|---|
926
CME Group
CME
$95.5B
| $2.92M | 0.01% |
18,072
-4,121
| -19% | -$656K |
|
927
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$968M
| $2.91M | 0.01% |
59,746
+11,375
| +24% | +$558K |
|
928
Apollo Global Management
APO
$69.6B
| $2.89M | 0.01% |
97,710
+483
| +0.5% | +$16.2K |
|
929
Teva Pharmaceuticals
TEVA
$39.1B
| $2.89M | 0.01% |
169,319
+15,154
| +10% | +$296K |
|
|
CMA
930
DELISTED
Comerica
CMA
| $2.88M | 0.01% |
30,001
+179
| +0.6% | +$17.1K |
|
931
Steel Dynamics
STLD
$36.5B
| $2.87M | 0.01% |
64,792
-41,834
| -39% | -$1.93M |
|
932
HP
HPQ
$26.2B
| $2.86M | 0.01% |
130,445
+15,985
| +14% | +$361K |
|
933
Icon
ICLR
$13.7B
| $2.83M | 0.01% |
23,943
+2,498
| +12% | +$287K |
|
934
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.51B
| $2.83M | 0.01% |
36,474
-131,736
| -78% | -$10.4M |
|
935
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1B
| $2.83M | 0.01% |
92,671
+39,312
| +74% | +$1.21M |
|
|
RSX
936
DELISTED
VanEck Russia ETF
RSX
| $2.82M | 0.01% |
124,191
+7,452
| +6% | +$171K |
|
937
Lincoln National
LNC
$8.08B
| $2.78M | 0.01% |
38,030
+9,482
| +33% | +$744K |
|
938
WisdomTree International Equity Fund
DWM
$667M
| $2.78M | 0.01% |
50,600
-37,418
| -43% | -$2.11M |
|
939
Invesco International BuyBack Achievers ETF
IPKW
$541M
| $2.77M | 0.01% |
73,945
+25,181
| +52% | +$963K |
|
940
Royal Bank of Canada
RY
$288B
| $2.77M | 0.01% |
35,825
-21,406
| -37% | -$1.74M |
|
941
Liberty All-Star Equity Fund
USA
$1.79B
| $2.76M | 0.01% |
449,896
+184,030
| +69% | +$1.17M |
|
942
Sprott Physical Gold and Silver Trust
CEF
$7.33B
| $2.76M | 0.01% |
208,482
+15,721
| +8% | +$210K |
|
943
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$80.3M
| $2.75M | 0.01% |
128,593
+56,521
| +78% | +$1.23M |
|
944
Bank of Montreal
BMO
$123B
| $2.73M | 0.01% |
36,176
+4,408
| +14% | +$347K |
|
945
DXC Technology
DXC
$1.89B
| $2.73M | 0.01% |
31,361
+1,508
| +5% | +$132K |
|
946
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.19B
| $2.71M | 0.01% |
99,382
-731
| -0.7% | -$20.1K |
|
947
Cinemark Holdings
CNK
$4.07B
| $2.71M | 0.01% |
71,912
+54,733
| +319% | +$2.08M |
|
948
Huntington Ingalls Industries
HII
$11.3B
| $2.7M | 0.01% |
10,486
+5,895
| +128% | +$1.46M |
|
|
AWF
949
AllianceBernstein Global High Income Fund
AWF
$868M
| $2.7M | 0.01% |
227,255
+11,936
| +6% | +$146K |
|
950
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.15B
| $2.7M | 0.01% |
51,873
-8,112
| -14% | -$433K |
|
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.