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 | |
|---|---|---|---|---|---|---|
|
BXMX
1126
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $2.19M | 0.01% |
152,145
-38,732
| -20% | -$556K |
|
|
AABA
1127
DELISTED
Altaba Inc
AABA
| $2.18M | 0.01% |
32,028
+1,618
| +5% | +$114K |
|
1128
WisdomTree International AI Enhanced Value Fund
AIVI
$60.6M
| $2.18M | 0.01% |
51,841
+1,889
| +4% | +$79.8K |
|
1129
Encompass Health
EHC
$11.5B
| $2.17M | 0.01% |
35,005
+17,172
| +96% | +$1.04M |
|
1130
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $2.17M | 0.01% |
86,322
+44,016
| +104% | +$1.11M |
|
1131
Invesco S&P 100 Equal Weight ETF
EQWL
$2.72B
| $2.17M | 0.01% |
38,616
+378
| +1% | +$20.9K |
|
1132
iShares US Telecommunications ETF
IYZ
$1.19B
| $2.17M | 0.01% |
72,825
+11,148
| +18% | +$322K |
|
1133
eBay
EBAY
$52.1B
| $2.17M | 0.01% |
65,578
-13,206
| -17% | -$458K |
|
1134
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.72B
| $2.16M | 0.01% |
42,777
-614
| -1% | -$30.3K |
|
1135
Albemarle
ALB
$13.3B
| $2.16M | 0.01% |
21,607
-3,564
| -14% | -$345K |
|
1136
Huntington Bancshares
HBAN
$35B
| $2.16M | 0.01% |
144,474
-708
| -0.5% | -$11.1K |
|
1137
Factset
FDS
$10.1B
| $2.15M | 0.01% |
9,631
+253
| +3% | +$54.9K |
|
1138
Whirlpool
WHR
$2.49B
| $2.15M | 0.01% |
18,124
+4,732
| +35% | +$627K |
|
1139
Evergy
EVRG
$19.7B
| $2.15M | 0.01% |
39,155
-4,381
| -10% | -$248K |
|
1140
Edison International
EIX
$30.7B
| $2.15M | 0.01% |
31,722
+2,835
| +10% | +$190K |
|
1141
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.01B
| $2.14M | 0.01% |
69,779
+2,263
| +3% | +$69.3K |
|
|
DSL
1142
DoubleLine Income Solutions Fund
DSL
$1.23B
| $2.14M | 0.01% |
105,926
+3,707
| +4% | +$75K |
|
1143
LXP Industrial Trust
LXP
$3.53B
| $2.13M | 0.01% |
51,431
+4,728
| +10% | +$207K |
|
1144
iShares Currency Hedged MSCI Japan ETF
HEWJ
$718M
| $2.13M | 0.01% |
62,160
+2,649
| +4% | +$85.8K |
|
1145
Healthpeak Properties
DOC
$15.7B
| $2.13M | 0.01% |
80,867
-8,264
| -9% | -$217K |
|
1146
iShares International Treasury Bond ETF
IGOV
$1.51B
| $2.13M | 0.01% |
44,145
-7,038
| -14% | -$343K |
|
1147
JetBlue
JBLU
$2.23B
| $2.12M | 0.01% |
109,700
-18,183
| -14% | -$345K |
|
1148
Lincoln National
LNC
$8.19B
| $2.12M | 0.01% |
31,318
-9,457
| -23% | -$624K |
|
|
PDM
1149
Piedmont Realty Trust
PDM
$1.2B
| $2.12M | 0.01% |
111,952
-4,914
| -4% | -$96.9K |
|
1150
Universal Display
OLED
$3.85B
| $2.1M | 0.01% |
17,853
-723
| -4% | -$79.5K |
|
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.