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 | |
|---|---|---|---|---|---|---|
1026
Jack Henry & Associates
JKHY
$11.2B
| $2.54M | 0.01% |
15,839
-3,082
| -16% | -$453K |
|
|
SYSB
1027
iShares Systematic Bond ETF
SYSB
$1.17B
| $2.53M | 0.01% |
26,079
+9,922
| +61% | +$965K |
|
1028
Steel Dynamics
STLD
$37.5B
| $2.53M | 0.01% |
55,900
+5,816
| +12% | +$268K |
|
1029
iShares Core MSCI Pacific ETF
IPAC
$2.61B
| $2.52M | 0.01% |
42,904
-1,359
| -3% | -$78.5K |
|
1030
iShares Global Healthcare ETF
IXJ
$4.18B
| $2.51M | 0.01% |
39,882
-1,627
| -4% | -$98.3K |
|
1031
Schwab US REIT ETF
SCHH
$11.7B
| $2.51M | 0.01% |
120,296
+17,202
| +17% | +$364K |
|
1032
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$1.98B
| $2.51M | 0.01% |
118,996
-44,495
| -27% | -$932K |
|
1033
VanEck Mortgage REIT Income ETF
MORT
$370M
| $2.51M | 0.01% |
104,408
-1,125
| -1% | -$27.1K |
|
|
SNV
1034
DELISTED
Synovus
SNV
| $2.5M | 0.01% |
54,493
-3,747
| -6% | -$189K |
|
|
K
1035
DELISTED
Kellanova
K
| $2.49M | 0.01% |
37,884
-5,309
| -12% | -$358K |
|
1036
SEI Investments
SEIC
$12.4B
| $2.49M | 0.01% |
40,696
+815
| +2% | +$50.5K |
|
1037
Spotify
SPOT
$105B
| $2.49M | 0.01% |
13,752
+8,530
| +163% | +$1.56M |
|
|
VAR
1038
DELISTED
Varian Medical Systems, Inc.
VAR
| $2.48M | 0.01% |
22,146
-4,763
| -18% | -$539K |
|
1039
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.5M
| $2.48M | 0.01% |
41,309
+34,754
| +530% | +$2M |
|
1040
Eastman Chemical
EMN
$7.79B
| $2.48M | 0.01% |
25,876
-17,072
| -40% | -$1.69M |
|
1041
Invesco Mortgage Capital
IVR
$769M
| $2.47M | 0.01% |
15,610
-393
| -2% | -$63.5K |
|
|
IBMK
1042
DELISTED
iShares iBonds Dec 2022 Term Muni Bond ETF
IBMK
| $2.46M | 0.01% |
97,009
+15,264
| +19% | +$390K |
|
1043
Corpay
CPAY
$25.1B
| $2.46M | 0.01% |
10,816
+6,956
| +180% | +$1.52M |
|
|
FITB
1044
Fifth Third Bancorp
FITB
$52.4B
| $2.46M | 0.01% |
87,968
-13,934
| -14% | -$409K |
|
|
CHL
1045
DELISTED
China Mobile Limited
CHL
| $2.45M | 0.01% |
50,054
-607
| -1% | -$28K |
|
1046
Global Payments
GPN
$23.9B
| $2.45M | 0.01% |
19,206
+1,969
| +11% | +$237K |
|
|
UN
1047
DELISTED
Unilever NV New York Registry Shares
UN
| $2.44M | 0.01% |
43,921
-4,073
| -8% | -$231K |
|
1048
Mercado Libre
MELI
$94.4B
| $2.44M | 0.01% |
7,157
-202
| -3% | -$68.4K |
|
1049
Iron Mountain
IRM
$37.4B
| $2.44M | 0.01% |
70,547
+2,884
| +4% | +$103K |
|
1050
Starwood Property Trust
STWD
$6.18B
| $2.43M | 0.01% |
113,100
+7,714
| +7% | +$171K |
|
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.