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 | |
|---|---|---|---|---|---|---|
|
DBL
1201
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $1.74M | ﹤0.01% |
80,743
+43,623
| +118% | +$946K |
|
1202
O'Reilly Automotive
ORLY
$75.1B
| $1.74M | ﹤0.01% |
105,705
+22,095
| +26% | +$374K |
|
|
LTC
1203
LTC Properties
LTC
$2.13B
| $1.74M | ﹤0.01% |
45,798
+1,723
| +4% | +$67.8K |
|
|
PSB
1204
DELISTED
PS Business Parks, Inc.
PSB
| $1.74M | ﹤0.01% |
15,393
-369
| -2% | -$42.5K |
|
|
DISH
1205
DELISTED
DISH Network Corp.
DISH
| $1.74M | ﹤0.01% |
45,865
+7,495
| +20% | +$329K |
|
|
ROOF
1206
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $1.73M | ﹤0.01% |
72,786
+2,837
| +4% | +$68.6K |
|
1207
Nuveen California Municipal Value Fund
NCA
$298M
| $1.72M | ﹤0.01% |
184,328
-163,070
| -47% | -$1.58M |
|
1208
Global X SuperIncome Preferred ETF
SPFF
$139M
| $1.72M | ﹤0.01% |
144,516
-8,444
| -6% | -$102K |
|
1209
iShares Latin America 40 ETF
ILF
$3.73B
| $1.72M | ﹤0.01% |
45,641
+25,698
| +129% | +$962K |
|
1210
BlackRock Income Trust
BKT
$331M
| $1.71M | ﹤0.01% |
96,796
-64,375
| -40% | -$1.14M |
|
1211
Global X MLP ETF
MLPA
$2.26B
| $1.7M | ﹤0.01% |
33,442
+23,846
| +248% | +$1.39M |
|
1212
Parker-Hannifin
PH
$120B
| $1.7M | ﹤0.01% |
9,945
-1,024
| -9% | -$194K |
|
1213
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $1.7M | ﹤0.01% |
17,570
+6,470
| +58% | +$630K |
|
|
BKI
1214
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.7M | ﹤0.01% |
36,069
+4,084
| +13% | +$198K |
|
1215
Arrow Dow Jones Global Yield ETF
GYLD
$36.6M
| $1.7M | ﹤0.01% |
99,286
+2,912
| +3% | +$52.3K |
|
1216
CNX Resources
CNX
$4.91B
| $1.7M | ﹤0.01% |
109,981
+26,933
| +32% | +$402K |
|
1217
Gladstone Capital
GLAD
$427M
| $1.7M | ﹤0.01% |
98,593
+12,130
| +14% | +$218K |
|
1218
BlackRock Limited Duration Income Trust
BLW
$490M
| $1.69M | ﹤0.01% |
112,128
+29,857
| +36% | +$462K |
|
1219
Lazard
LAZ
$4B
| $1.69M | ﹤0.01% |
32,174
+3,826
| +13% | +$212K |
|
1220
PBF Energy
PBF
$7.49B
| $1.69M | ﹤0.01% |
49,884
-11,745
| -19% | -$379K |
|
1221
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$101M
| $1.69M | ﹤0.01% |
69,403
+20,615
| +42% | +$513K |
|
|
HBI
1222
DELISTED
Hanesbrands
HBI
| $1.69M | ﹤0.01% |
91,692
-3,544
| -4% | -$73.2K |
|
1223
iShares MSCI Belgium ETF
EWK
$164M
| $1.69M | ﹤0.01% |
78,993
+1,041
| +1% | +$22.9K |
|
1224
Hartford Financial Services
HIG
$39.9B
| $1.69M | ﹤0.01% |
32,750
-2,264
| -6% | -$124K |
|
1225
Nuveen Municipal Credit Income Fund
NZF
$2.41B
| $1.69M | ﹤0.01% |
119,315
+16,840
| +16% | +$243K |
|
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.