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 | |
|---|---|---|---|---|---|---|
|
EOI
976
Eaton Vance Enhanced Equity Income Fund
EOI
$804M
| $2.83M | 0.01% |
176,478
+780
| +0.4% | +$12.4K |
|
977
Cracker Barrel
CBRL
$1.2B
| $2.82M | 0.01% |
19,137
+2,475
| +15% | +$371K |
|
978
ProShares Ultra S&P500
SSO
$7.75B
| $2.8M | 0.01% |
175,904
+2,936
| +2% | +$44.8K |
|
979
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.38B
| $2.79M | 0.01% |
119,596
+34,788
| +41% | +$807K |
|
980
Xylem
XYL
$29.7B
| $2.79M | 0.01% |
34,925
-220
| -0.6% | -$16.4K |
|
981
Check Point Software Technologies
CHKP
$14.1B
| $2.79M | 0.01% |
23,696
-357
| -1% | -$40.6K |
|
982
BioMarin Pharmaceuticals
BMRN
$12B
| $2.79M | 0.01% |
28,743
-781
| -3% | -$78K |
|
983
Nuveen Core Equity Alpha Fund
JCE
$278M
| $2.77M | 0.01% |
177,826
+24,761
| +16% | +$381K |
|
984
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.9B
| $2.77M | 0.01% |
131,235
+3,248
| +3% | +$68.3K |
|
|
BEAT
985
DELISTED
BioTelemetry, Inc.
BEAT
| $2.74M | 0.01% |
42,541
+1,124
| +3% | +$62.7K |
|
|
FEN
986
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $2.74M | 0.01% |
123,424
+16,839
| +16% | +$383K |
|
987
First Trust Japan AlphaDEX Fund
FJP
$243M
| $2.74M | 0.01% |
47,521
+6,786
| +17% | +$375K |
|
988
VanEck Long Muni ETF
MLN
$682M
| $2.73M | 0.01% |
140,720
+13,014
| +10% | +$256K |
|
|
HES
989
DELISTED
Hess
HES
| $2.72M | 0.01% |
38,046
-899
| -2% | -$59.3K |
|
990
Viatris
VTRS
$20.8B
| $2.72M | 0.01% |
74,401
+18,612
| +33% | +$699K |
|
991
Amplify Mobile Payments ETF
IPAY
$172M
| $2.72M | 0.01% |
63,429
+6,433
| +11% | +$265K |
|
992
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $2.72M | 0.01% |
293,502
-63,343
| -18% | -$593K |
|
993
Acadia Pharmaceuticals
ACAD
$4.45B
| $2.71M | 0.01% |
130,768
-9,986
| -7% | -$157K |
|
994
Service Corp International
SCI
$11.7B
| $2.71M | 0.01% |
61,398
+26,518
| +76% | +$1.07M |
|
995
iShares MSCI France ETF
EWQ
$329M
| $2.71M | 0.01% |
86,383
-608,072
| -88% | -$18.9M |
|
996
Cognex
CGNX
$10B
| $2.71M | 0.01% |
48,504
+4,377
| +10% | +$224K |
|
997
Air Products & Chemicals
APD
$65.2B
| $2.71M | 0.01% |
16,193
+1,738
| +12% | +$283K |
|
998
PUT
Salesforce
CRM
$149B
| $2.7M | 0.01% |
17,000
| – | – |
|
|
PARA
999
DELISTED
Paramount Global Class B
PARA
| $2.7M | 0.01% |
46,993
+1,880
| +4% | +$104K |
|
1000
Teledyne Technologies
TDY
$30.1B
| $2.7M | 0.01% |
10,939
+8
| +0.1% | +$1.82K |
|
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.