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 | |
|---|---|---|---|---|---|---|
|
RPAI
1151
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.73M | ﹤0.01% |
159,194
-6,104
| -4% | -$72.9K |
|
|
CIM
1152
Chimera Investment
CIM
$1.06B
| $1.72M | ﹤0.01% |
32,179
+6,173
| +24% | +$338K |
|
1153
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.79B
| $1.72M | ﹤0.01% |
38,770
+2,968
| +8% | +$146K |
|
1154
SAP
SAP
$207B
| $1.72M | ﹤0.01% |
17,277
-527
| -3% | -$56.1K |
|
1155
Old Dominion Freight Line
ODFL
$47.1B
| $1.71M | ﹤0.01% |
41,604
+12,054
| +41% | +$534K |
|
1156
Sony
SONY
$133B
| $1.71M | ﹤0.01% |
177,405
+6,160
| +4% | +$65.2K |
|
|
CIK
1157
Credit Suisse Asset Management Income Fund
CIK
$134M
| $1.71M | ﹤0.01% |
618,031
+45,757
| +8% | +$136K |
|
1158
iShares US & Intl High Yield Corp Bond ETF
GHYG
$193M
| $1.71M | ﹤0.01% |
37,128
+1,096
| +3% | +$52.3K |
|
1159
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$223M
| $1.71M | ﹤0.01% |
+53,611
| New | +$1.6M |
|
1160
JetBlue
JBLU
$2.23B
| $1.71M | ﹤0.01% |
106,138
-3,562
| -3% | -$62.1K |
|
|
ETV
1161
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.7B
| $1.7M | ﹤0.01% |
126,398
+34,337
| +37% | +$505K |
|
1162
Equity Residential
EQR
$25.5B
| $1.7M | ﹤0.01% |
25,795
+7,039
| +38% | +$473K |
|
1163
iShares US Telecommunications ETF
IYZ
$1.19B
| $1.7M | ﹤0.01% |
64,515
-8,310
| -11% | -$233K |
|
|
MXIM
1164
DELISTED
Maxim Integrated Products
MXIM
| $1.7M | ﹤0.01% |
33,420
+4,360
| +15% | +$228K |
|
1165
iShares MSCI Switzerland ETF
EWL
$2.19B
| $1.69M | ﹤0.01% |
53,583
-5,538
| -9% | -$181K |
|
1166
Republic Services
RSG
$66.6B
| $1.69M | ﹤0.01% |
23,415
+923
| +4% | +$67.6K |
|
1167
Monolithic Power Systems
MPWR
$63B
| $1.69M | ﹤0.01% |
14,501
-386
| -3% | -$46.2K |
|
1168
Rithm Capital
RITM
$5.46B
| $1.69M | ﹤0.01% |
118,615
+7,755
| +7% | +$131K |
|
|
SPYB
1169
DELISTED
SPDR S&P 500 Buyback ETF
SPYB
| $1.68M | ﹤0.01% |
29,583
+3,191
| +12% | +$197K |
|
1170
Best Buy
BBY
$18.9B
| $1.68M | ﹤0.01% |
31,701
-5,164
| -14% | -$337K |
|
1171
IQVIA
IQV
$40B
| $1.68M | ﹤0.01% |
14,443
-5,384
| -27% | -$652K |
|
1172
Nuveen ESG Large-Cap Growth ETF
NULG
$2.65B
| $1.67M | ﹤0.01% |
55,508
+26,211
| +89% | +$880K |
|
1173
PUT
UnitedHealth
UNH
$389B
| $1.67M | ﹤0.01% |
+6,700
| New | +$1.77M |
|
|
BAND
1174
Bandwidth Inc
BAND
$1.67B
| $1.67M | ﹤0.01% |
40,940
+2,149
| +6% | +$101K |
|
1175
Masco
MAS
$16.5B
| $1.67M | ﹤0.01% |
57,037
-8,756
| -13% | -$272K |
|
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.