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 | |
|---|---|---|---|---|---|---|
1176
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$222M
| $1.67M | ﹤0.01% |
73,459
-15,916
| -18% | -$367K |
|
1177
Fidelity Dividend ETF for Rising Rates
FDRR
$739M
| $1.67M | ﹤0.01% |
58,108
+8,271
| +17% | +$254K |
|
1178
Everest Group
EG
$15.8B
| $1.67M | ﹤0.01% |
7,644
+64
| +0.8% | +$13.9K |
|
1179
Globus Medical
GMED
$10.9B
| $1.66M | ﹤0.01% |
38,379
+3,546
| +10% | +$177K |
|
1180
iShares Core 5-10 Year USD Bond ETF
IMTB
$276M
| $1.66M | ﹤0.01% |
34,536
+7,348
| +27% | +$348K |
|
1181
HSBC
HSBC
$356B
| $1.66M | ﹤0.01% |
41,787
-185
| -0.4% | -$7.41K |
|
1182
Franklin Resources
BEN
$17.3B
| $1.65M | ﹤0.01% |
55,768
+11,210
| +25% | +$345K |
|
1183
Workday
WDAY
$39.4B
| $1.65M | ﹤0.01% |
10,341
+2,032
| +24% | +$288K |
|
1184
BlackRock Credit Allocation Income Trust
BTZ
$933M
| $1.64M | ﹤0.01% |
146,868
+14,380
| +11% | +$168K |
|
1185
Shenandoah Telecom
SHEN
$655M
| $1.64M | ﹤0.01% |
37,030
+24,056
| +185% | +$1.03M |
|
|
LTC
1186
LTC Properties
LTC
$2.14B
| $1.64M | ﹤0.01% |
39,253
-833
| -2% | -$36.5K |
|
|
SNV
1187
DELISTED
Synovus
SNV
| $1.64M | ﹤0.01% |
51,098
-3,395
| -6% | -$128K |
|
|
SNLN
1188
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.63M | ﹤0.01% |
94,972
-415,051
| -81% | -$7.42M |
|
1189
Raymond James Financial
RJF
$34B
| $1.63M | ﹤0.01% |
32,828
+1,865
| +6% | +$99.4K |
|
|
DATA
1190
DELISTED
Tableau Software, Inc.
DATA
| $1.63M | ﹤0.01% |
13,564
+547
| +4% | +$61.1K |
|
1191
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $1.63M | ﹤0.01% |
209,227
+2,666
| +1% | +$22.7K |
|
1192
Nasdaq
NDAQ
$53.6B
| $1.62M | ﹤0.01% |
59,718
-882
| -1% | -$25.1K |
|
|
GER
1193
DELISTED
Goldman Sachs MLP Energy Renaissance Fund
GER
| $1.62M | ﹤0.01% |
41,094
+24,262
| +144% | +$1.21M |
|
|
DISH
1194
DELISTED
DISH Network Corp.
DISH
| $1.62M | ﹤0.01% |
65,003
+2,416
| +4% | +$75.8K |
|
1195
Teradata
TDC
$2.75B
| $1.62M | ﹤0.01% |
42,245
-13,527
| -24% | -$495K |
|
1196
Cambria Tail Risk ETF
TAIL
$149M
| $1.62M | ﹤0.01% |
70,725
+37,013
| +110% | +$782K |
|
1197
Davis Select US Equity ETF
DUSA
$1.27B
| $1.61M | ﹤0.01% |
80,667
-6,403
| -7% | -$145K |
|
1198
Credicorp
BAP
$30.9B
| $1.61M | ﹤0.01% |
7,280
+745
| +11% | +$165K |
|
|
XHR
1199
Xenia Hotels & Resorts
XHR
$2.01B
| $1.61M | ﹤0.01% |
93,701
-587
| -0.6% | -$11.9K |
|
|
NFO
1200
DELISTED
Invesco Insider Sentiment ETF
NFO
| $1.61M | ﹤0.01% |
28,415
+12
| +0% | +$737 |
|
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.