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 | |
|---|---|---|---|---|---|---|
1101
Shopify
SHOP
$168B
| $2.07M | 0.01% |
166,370
-3,710
| -2% | -$48K |
|
1102
Global X US Infrastructure Development ETF
PAVE
$13.5B
| $2.07M | 0.01% |
129,012
+100,933
| +359% | +$1.69M |
|
1103
PUT
Waste Management
WM
$95B
| $2.07M | 0.01% |
+24,600
| New | +$2.11M |
|
1104
First Solar
FSLR
$21.4B
| $2.06M | 0.01% |
29,072
+1,564
| +6% | +$106K |
|
1105
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.37B
| $2.06M | 0.01% |
41,476
+7,386
| +22% | +$368K |
|
1106
Thor Industries
THO
$4.06B
| $2.06M | 0.01% |
17,873
+4,102
| +30% | +$548K |
|
1107
iShares MSCI Thailand ETF
THD
$361M
| $2.06M | 0.01% |
20,619
-2,137
| -9% | -$211K |
|
1108
XPO
XPO
$23.4B
| $2.05M | 0.01% |
58,233
-19,650
| -25% | -$655K |
|
|
DHC
1109
Diversified Healthcare Trust
DHC
$2.15B
| $2.04M | 0.01% |
130,608
-1,966
| -1% | -$32.7K |
|
1110
HSBC
HSBC
$352B
| $2.04M | 0.01% |
45,774
+1,391
| +3% | +$66.2K |
|
1111
Ionis Pharmaceuticals
IONS
$8.93B
| $2.03M | 0.01% |
46,100
-4,577
| -9% | -$233K |
|
1112
Hexcel
HXL
$7.97B
| $2.02M | 0.01% |
31,214
+3,363
| +12% | +$221K |
|
1113
HEICO Corp
HEI
$49.6B
| $2.02M | 0.01% |
29,014
-9,742
| -25% | -$637K |
|
1114
VanEck Agribusiness ETF
MOO
$992M
| $2.02M | 0.01% |
32,595
-575
| -2% | -$36.1K |
|
1115
PUT
Meta Platforms (Facebook)
META
$1.49T
| $2.01M | 0.01% |
12,600
-1,900
| -13% | -$341K |
|
1116
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$355M
| $2.01M | 0.01% |
46,949
+17,895
| +62% | +$772K |
|
|
NUM
1117
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
| $2M | 0.01% |
158,251
+11,825
| +8% | +$153K |
|
1118
Cleveland-Cliffs
CLF
$6.49B
| $2M | 0.01% |
288,277
+17,330
| +6% | +$130K |
|
1119
Nuveen Core Equity Alpha Fund
JCE
$273M
| $2M | 0.01% |
136,665
+50,627
| +59% | +$753K |
|
|
EXAS
1120
DELISTED
Exact Sciences
EXAS
| $1.99M | 0.01% |
49,433
+13,323
| +37% | +$650K |
|
1121
Amplify Mobile Payments ETF
IPAY
$173M
| $1.98M | 0.01% |
54,374
+17,180
| +46% | +$634K |
|
1122
Helen of Troy
HELE
$656M
| $1.97M | 0.01% |
22,689
-1,945
| -8% | -$177K |
|
1123
JB Hunt Transport Services
JBHT
$25.9B
| $1.97M | 0.01% |
16,845
-4,771
| -22% | -$571K |
|
1124
Compass Minerals
CMP
$1.23B
| $1.97M | 0.01% |
32,689
+5,079
| +18% | +$341K |
|
|
FNI
1125
DELISTED
First Trust Chindia ETF
FNI
| $1.97M | 0.01% |
50,104
+27,494
| +122% | +$1.13M |
|
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.