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 TIPS Bond ETF
TIP
|
+$209M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$151M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$138M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$133M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$136M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$62.5M |
| 3 |
iShares US Basic Materials ETF
IYM
|
+$39.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$37.4M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$31.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.24% |
| 4 | Industrials | 2.19% |
| 5 | Communication Services | 2.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKI
1176
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.9M | 0.01% |
35,515
-554
| -2% | -$27.9K |
|
|
FLC
1177
Flaherty & Crumrine Total Return Fund
FLC
$175M
| $1.9M | 0.01% |
97,251
-7,499
| -7% | -$146K |
|
1178
Gladstone Capital
GLAD
$436M
| $1.9M | 0.01% |
105,379
+6,786
| +7% | +$121K |
|
1179
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$55.4M
| $1.89M | 0.01% |
68,264
+10,717
| +19% | +$287K |
|
1180
Invesco Global Listed Private Equity ETF
PSP
$232M
| $1.89M | 0.01% |
31,571
-7,732
| -20% | -$472K |
|
1181
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $1.89M | 0.01% |
25,567
-48,364
| -65% | -$3.65M |
|
|
OIIL
1182
DELISTED
Credit Suisse X-Links WTI Crude Oil Index ETN
OIIL
| $1.89M | ﹤0.01% |
42,880
+695
| +2% | +$28.4K |
|
1183
XPO
XPO
$24B
| $1.88M | ﹤0.01% |
54,292
-3,941
| -7% | -$143K |
|
|
LTC
1184
LTC Properties
LTC
$2.14B
| $1.88M | ﹤0.01% |
43,937
-1,861
| -4% | -$72.9K |
|
1185
Nuveen Municipal Credit Income Fund
NZF
$2.42B
| $1.88M | ﹤0.01% |
130,898
+11,583
| +10% | +$166K |
|
1186
Conagra Brands
CAG
$7.38B
| $1.87M | ﹤0.01% |
52,397
+751
| +1% | +$28K |
|
|
GHII
1187
DELISTED
Invesco S&P High Income Infrastructure ETF
GHII
| $1.87M | ﹤0.01% |
70,355
-4,079
| -5% | -$107K |
|
1188
Cardinal Health
CAH
$54.5B
| $1.86M | ﹤0.01% |
38,181
+7,462
| +24% | +$423K |
|
1189
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $1.86M | ﹤0.01% |
19,517
+1,947
| +11% | +$188K |
|
|
BEAT
1190
DELISTED
BioTelemetry, Inc.
BEAT
| $1.86M | ﹤0.01% |
41,417
+20,533
| +98% | +$819K |
|
1191
SAP
SAP
$209B
| $1.86M | ﹤0.01% |
16,075
+531
| +3% | +$59.9K |
|
1192
Factset
FDS
$10.1B
| $1.86M | ﹤0.01% |
9,378
-56
| -0.6% | -$11.2K |
|
1193
Jones Lang LaSalle
JLL
$15.9B
| $1.86M | ﹤0.01% |
11,188
+769
| +7% | +$131K |
|
1194
Evercore
EVR
$13.2B
| $1.85M | ﹤0.01% |
17,540
-6,366
| -27% | -$656K |
|
1195
Celanese
CE
$4.77B
| $1.85M | ﹤0.01% |
16,650
+265
| +2% | +$29.2K |
|
|
P
1196
Everpure Inc
P
$24.3B
| $1.84M | ﹤0.01% |
77,064
+34,073
| +79% | +$749K |
|
|
BRSL
1197
Brightstar Lottery PLC
BRSL
$1.92B
| $1.84M | ﹤0.01% |
79,092
-85
| -0.1% | -$2.26K |
|
1198
Edison International
EIX
$30.7B
| $1.83M | ﹤0.01% |
28,887
+3,540
| +14% | +$221K |
|
1199
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $1.83M | ﹤0.01% |
74,404
+3,150
| +4% | +$73.7K |
|
1200
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$355M
| $1.82M | ﹤0.01% |
48,600
+1,651
| +4% | +$66.4K |
|
Similar funds
LPL Financial's Q2 2018 Portfolio in Review
As of Q2 2018, LPL Financial held 3,378 positions worth $38.1B, up 4.9% from $36.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.14B of net new capital in Q2 2018, opening 201 new positions and adding to 1,572 existing holdings. Its largest new stake was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
By sector, the portfolio is most concentrated in Technology at 3.1% 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 Bloomberg High Yield Bond ETF, an estimated $136M trimmed.
- LPL Financial's largest Q2 2018 buy was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
- LPL Financial added most to iShares TIPS Bond ETF in Q2 2018, an estimated $209M increase.
- LPL Financial's biggest Q2 2018 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $136M.
- LPL Financial fully exited PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX in Q2 2018, selling an estimated $15.3M.
- LPL Financial's ten largest holdings make up 24% of its $38.1B portfolio in Q2 2018.
- LPL Financial opened 201 new positions and closed 171 in Q2 2018.
- LPL Financial's portfolio value rose 4.9% quarter-over-quarter to $38.1B.
Based on LPL Financial's 13F filing for Q2 2018, filed 14 Aug 2018.