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 US Aggregate Bond ETF
AGG
|
+$127M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$86.5M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$66.9M |
| 4 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$58.9M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$57.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$67M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$44.8M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$38.8M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$36.2M |
| 5 |
iShares MSCI Germany ETF
EWG
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.44% |
| 4 | Industrials | 2.02% |
| 5 | Communication Services | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Hexcel
HXL
$8.3B
| $2.19M | 0.01% |
38,272
+3,020
| +9% | +$182K |
|
1027
iShares MSCI South Korea ETF
EWY
$21.1B
| $2.19M | 0.01% |
37,250
-8,059
| -18% | -$487K |
|
1028
Mercado Libre
MELI
$94.4B
| $2.19M | 0.01% |
7,485
+328
| +5% | +$106K |
|
1029
Franco-Nevada
FNV
$40.6B
| $2.19M | 0.01% |
31,191
-288
| -0.9% | -$19.2K |
|
1030
Royal Gold
RGLD
$16.6B
| $2.19M | 0.01% |
25,553
+1,984
| +8% | +$153K |
|
1031
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.17B
| $2.18M | 0.01% |
71,352
+2,858
| +4% | +$103K |
|
1032
Invesco Mortgage Capital
IVR
$769M
| $2.17M | 0.01% |
14,992
-618
| -4% | -$93.5K |
|
1033
iShares MSCI USA Equal Weighted ETF
EUSA
$1.84B
| $2.17M | 0.01% |
43,538
+433
| +1% | +$23.5K |
|
1034
Icon
ICLR
$13.9B
| $2.16M | 0.01% |
16,689
-3,257
| -16% | -$450K |
|
1035
Lamb Weston
LW
$7.51B
| $2.15M | 0.01% |
29,298
+4,311
| +17% | +$330K |
|
1036
RPM International
RPM
$14.3B
| $2.15M | 0.01% |
36,644
+762
| +2% | +$46.7K |
|
1037
Analog Devices
ADI
$178B
| $2.15M | 0.01% |
25,062
-35
| -0.1% | -$3.03K |
|
1038
Invesco S&P 100 Equal Weight ETF
EQWL
$2.72B
| $2.15M | 0.01% |
44,169
+5,553
| +14% | +$291K |
|
1039
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $2.15M | 0.01% |
43,010
+22,955
| +114% | +$1.14M |
|
1040
Kohl's
KSS
$2.16B
| $2.14M | 0.01% |
32,307
+1,117
| +4% | +$78.4K |
|
1041
Edison International
EIX
$30.7B
| $2.14M | 0.01% |
37,618
+5,896
| +19% | +$367K |
|
1042
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.38B
| $2.13M | 0.01% |
105,787
-13,809
| -12% | -$301K |
|
1043
NXP Semiconductors
NXPI
$65.4B
| $2.13M | 0.01% |
29,065
+6,773
| +30% | +$536K |
|
1044
Toyota
TM
$221B
| $2.13M | 0.01% |
18,350
-892
| -5% | -$106K |
|
1045
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
| $2.13M | 0.01% |
19,664
+867
| +5% | +$92.8K |
|
1046
PUT
Waste Management
WM
$96.1B
| $2.13M | 0.01% |
+23,900
| New | +$2.15M |
|
1047
Copart
CPRT
$28.4B
| $2.12M | 0.01% |
177,544
-3,644
| -2% | -$45K |
|
1048
Idexx Laboratories
IDXX
$44.9B
| $2.12M | 0.01% |
11,396
-1,012
| -8% | -$207K |
|
1049
Vulcan Materials
VMC
$37.4B
| $2.11M | 0.01% |
21,385
+3,801
| +22% | +$385K |
|
1050
Factset
FDS
$10.1B
| $2.11M | 0.01% |
10,536
+905
| +9% | +$199K |
|
Similar funds
LPL Financial's Q4 2018 Portfolio in Review
As of Q4 2018, LPL Financial held 3,382 positions worth $37.6B, down 9.9% from $41.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial's Q4 2018 filing shows 155 new, 1,459 increased, 1,397 reduced and 312 closed positions. Its largest new stake was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M. The largest sale was iShares Core S&P Small-Cap ETF, an estimated $67M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.4% a quarter earlier, followed by Financials and Healthcare.
- LPL Financial's largest Q4 2018 buy was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M.
- LPL Financial added most to iShares Core US Aggregate Bond ETF in Q4 2018, an estimated $127M increase.
- LPL Financial's biggest Q4 2018 reduction was iShares Core S&P Small-Cap ETF, cutting an estimated $67M.
- LPL Financial fully exited Corporate Capital Trust, Inc. in Q4 2018, selling an estimated $30.3M.
- LPL Financial's ten largest holdings make up 24% of its $37.6B portfolio in Q4 2018.
- LPL Financial opened 155 new positions and closed 312 in Q4 2018.
- LPL Financial's portfolio value fell 9.9% quarter-over-quarter to $37.6B.
Based on LPL Financial's 13F filing for Q4 2018, filed 7 Feb 2019.