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 | |
|---|---|---|---|---|---|---|
1001
Under Armour
UAA
$3.04B
| $2.69M | 0.01% |
126,932
+7,181
| +6% | +$150K |
|
1002
Twilio
TWLO
$29.5B
| $2.69M | 0.01% |
31,121
+771
| +3% | +$56.4K |
|
1003
Rio Tinto
RIO
$149B
| $2.68M | 0.01% |
52,499
-13,227
| -20% | -$674K |
|
1004
Invesco KBW Property & Casualty Insurance ETF
KBWP
$277M
| $2.67M | 0.01% |
41,919
-4,133
| -9% | -$259K |
|
1005
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.17B
| $2.67M | 0.01% |
68,494
-45,060
| -40% | -$1.72M |
|
|
DFP
1006
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$426M
| $2.66M | 0.01% |
114,700
+7,559
| +7% | +$182K |
|
1007
iShares MSCI Brazil ETF
EWZ
$9.13B
| $2.66M | 0.01% |
78,887
+3,102
| +4% | +$104K |
|
1008
Aptiv
APTV
$12.6B
| $2.65M | 0.01% |
31,647
-2,370
| -7% | -$217K |
|
1009
ServiceNow
NOW
$114B
| $2.65M | 0.01% |
67,855
+24,460
| +56% | +$925K |
|
1010
JB Hunt Transport Services
JBHT
$26.1B
| $2.64M | 0.01% |
22,185
+6,301
| +40% | +$767K |
|
1011
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $2.62M | 0.01% |
26,984
+7,467
| +38% | +$721K |
|
|
B
1012
Barrick Mining
B
$61.5B
| $2.62M | 0.01% |
236,539
+15,067
| +7% | +$168K |
|
1013
IQ ARB Merger Arbitrage ETF
MNA
$252M
| $2.62M | 0.01% |
82,336
-70,764
| -46% | -$2.22M |
|
1014
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.07B
| $2.61M | 0.01% |
49,756
-621
| -1% | -$32.8K |
|
|
WW
1015
DELISTED
WW International
WW
| $2.61M | 0.01% |
36,235
-33,300
| -48% | -$2.7M |
|
1016
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$471M
| $2.61M | 0.01% |
38,796
+4,709
| +14% | +$315K |
|
1017
VanEck Long/Flat Trend ETF
LFEQ
$28M
| $2.6M | 0.01% |
92,000
-8,125
| -8% | -$225K |
|
1018
Amphenol
APH
$177B
| $2.58M | 0.01% |
109,632
+632
| +0.6% | +$14.7K |
|
1019
CenterPoint Energy
CNP
$28.8B
| $2.58M | 0.01% |
93,129
+439
| +0.5% | +$12.3K |
|
1020
IQVIA
IQV
$40.5B
| $2.57M | 0.01% |
19,827
+10,655
| +116% | +$1.28M |
|
1021
Agilent Technologies
A
$39.7B
| $2.55M | 0.01% |
36,213
+13,137
| +57% | +$869K |
|
1022
KraneShares CSI China Internet ETF
KWEB
$5.41B
| $2.55M | 0.01% |
52,216
-1,867
| -3% | -$99.1K |
|
1023
iShares MSCI USA Equal Weighted ETF
EUSA
$1.84B
| $2.54M | 0.01% |
43,105
+2,488
| +6% | +$145K |
|
1024
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.64B
| $2.54M | 0.01% |
55,868
+23,468
| +72% | +$1.04M |
|
1025
Magna International
MGA
$18.8B
| $2.54M | 0.01% |
48,352
-9,893
| -17% | -$555K |
|
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.