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 | |
|---|---|---|---|---|---|---|
1201
Invesco S&P MidCap 400 GARP ETF
GRPM
$492M
| $1.82M | ﹤0.01% |
+27,389
| New | +$1.79M |
|
1202
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
| $1.82M | ﹤0.01% |
42,000
+10,300
| +32% | +$477K |
|
1203
PUT
Waste Management
WM
$96.1B
| $1.81M | ﹤0.01% |
22,300
-2,300
| -9% | -$190K |
|
1204
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.79B
| $1.81M | ﹤0.01% |
34,786
+2,568
| +8% | +$132K |
|
1205
NetApp
NTAP
$34.2B
| $1.81M | ﹤0.01% |
23,027
+4,927
| +27% | +$346K |
|
|
CLRG
1206
DELISTED
IndexIQ ETF Trust IQ U.S. Large Cap ETF
CLRG
| $1.8M | ﹤0.01% |
72,035
+48,988
| +213% | +$1.24M |
|
1207
Gladstone Investment Corp
GAIN
$655M
| $1.79M | ﹤0.01% |
152,402
+10,993
| +8% | +$124K |
|
1208
Sarepta Therapeutics
SRPT
$1.63B
| $1.79M | ﹤0.01% |
13,574
+995
| +8% | +$93.8K |
|
1209
Global X SuperIncome Preferred ETF
SPFF
$140M
| $1.79M | ﹤0.01% |
150,253
+5,737
| +4% | +$67.9K |
|
1210
Simon Property Group
SPG
$76.8B
| $1.79M | ﹤0.01% |
10,532
-308
| -3% | -$49K |
|
1211
Chemed
CHE
$6.87B
| $1.79M | ﹤0.01% |
5,563
+4,699
| +544% | +$1.47M |
|
|
JHMH
1212
DELISTED
John Hancock Multifactor Healthcare ETF
JHMH
| $1.79M | ﹤0.01% |
55,758
-1,104
| -2% | -$34.9K |
|
1213
Energizer
ENR
$1.5B
| $1.79M | ﹤0.01% |
28,387
+11,992
| +73% | +$705K |
|
1214
iShares MSCI China ETF
MCHI
$6.16B
| $1.78M | ﹤0.01% |
27,639
+6,029
| +28% | +$411K |
|
1215
DigitalBridge
DBRG
$2.93B
| $1.78M | ﹤0.01% |
71,481
-10,718
| -13% | -$256K |
|
|
GG
1216
DELISTED
Goldcorp Inc
GG
| $1.78M | ﹤0.01% |
130,101
+66,982
| +106% | +$930K |
|
1217
Macy's
M
$6.62B
| $1.78M | ﹤0.01% |
47,478
-5,556
| -10% | -$186K |
|
1218
Newell Brands
NWL
$2.24B
| $1.78M | ﹤0.01% |
68,856
+41,970
| +156% | +$1.09M |
|
1219
AllianceBernstein
AB
$3.49B
| $1.77M | ﹤0.01% |
62,157
+5,605
| +10% | +$155K |
|
1220
AGNC Investment
AGNC
$12.9B
| $1.77M | ﹤0.01% |
95,230
+10,343
| +12% | +$195K |
|
|
CGC
1221
Canopy Growth
CGC
$377M
| $1.77M | ﹤0.01% |
+6,030
| New | +$1.83M |
|
1222
Compass Minerals
CMP
$1.25B
| $1.76M | ﹤0.01% |
26,851
-5,838
| -18% | -$389K |
|
1223
Hasbro
HAS
$13.6B
| $1.76M | ﹤0.01% |
19,086
-787
| -4% | -$69.1K |
|
|
FSD
1224
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.75M | ﹤0.01% |
118,575
+14,690
| +14% | +$219K |
|
1225
WisdomTree Japan SmallCap Dividend Fund
DFJ
$380M
| $1.74M | ﹤0.01% |
22,642
-437
| -2% | -$35.3K |
|
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.