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 | |
|---|---|---|---|---|---|---|
101
Walt Disney
DIS
$168B
| $71.8M | 0.2% |
715,163
+34,197
| +5% | +$3.63M |
|
102
Coca-Cola
KO
$360B
| $70.4M | 0.19% |
1,620,674
+327,650
| +25% | +$14.7M |
|
103
iShares MSCI Japan ETF
EWJ
$21.6B
| $66.9M | 0.18% |
1,103,212
+114,181
| +12% | +$7.01M |
|
104
First Trust Preferred Securities and Income ETF
FPE
$6.31B
| $66.4M | 0.18% |
3,411,173
+422,472
| +14% | +$8.35M |
|
105
iShare MSCI Eurozone ETF
EZU
$9.42B
| $65.8M | 0.18% |
1,518,831
+546,750
| +56% | +$24.3M |
|
106
Alphabet (Google) Class C
GOOG
$4.02T
| $65.2M | 0.18% |
1,264,300
+138,540
| +12% | +$7.65M |
|
107
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $64M | 0.18% |
493,832
+16,346
| +3% | +$2.15M |
|
108
Pfizer
PFE
$141B
| $63.6M | 0.18% |
1,889,376
+221,767
| +13% | +$7.62M |
|
109
AbbVie
ABBV
$459B
| $63.6M | 0.18% |
671,463
+67,397
| +11% | +$7.4M |
|
110
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.38B
| $63.2M | 0.17% |
1,602,426
-154,734
| -9% | -$6.31M |
|
111
Invesco Preferred ETF
PGX
$3.8B
| $62.9M | 0.17% |
4,306,701
+493,265
| +13% | +$7.19M |
|
112
iShares Core Dividend Growth ETF
DGRO
$42.8B
| $62.8M | 0.17% |
1,853,951
+325,352
| +21% | +$11.5M |
|
|
113
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $61.5M | 0.17% |
595,872
-372,390
| -38% | -$38.3M |
|
114
Intel
INTC
$453B
| $60.9M | 0.17% |
1,169,235
+121,077
| +12% | +$5.75M |
|
115
Cisco
CSCO
$448B
| $60.7M | 0.17% |
1,416,175
+423,712
| +43% | +$18M |
|
116
Vanguard Total International Stock ETF
VXUS
$153B
| $60.7M | 0.17% |
1,073,746
+159,305
| +17% | +$9.22M |
|
117
iShares Russell Mid-Cap Growth ETF
IWP
$19.7B
| $60.7M | 0.17% |
986,780
+93,658
| +10% | +$5.85M |
|
118
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $59.5M | 0.16% |
2,016,535
+270,623
| +16% | +$7.87M |
|
119
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $59.3M | 0.16% |
685,865
-38,670
| -5% | -$3.43M |
|
120
Vanguard Mid-Cap Value ETF
VOE
$23.8B
| $59M | 0.16% |
539,538
+29,174
| +6% | +$3.28M |
|
121
iShares 20+ Year Treasury Bond ETF
TLT
$42.8B
| $58.8M | 0.16% |
482,741
-21,964
| -4% | -$2.65M |
|
122
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $58.2M | 0.16% |
305,433
+10,631
| +4% | +$2.04M |
|
123
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $56.5M | 0.16% |
675,645
+332,197
| +97% | +$27.8M |
|
124
iShares Russell 3000 ETF
IWV
$19.4B
| $56.1M | 0.15% |
358,682
-24,462
| -6% | -$3.95M |
|
125
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $55.9M | 0.15% |
1,797,420
+189,106
| +12% | +$6.07M |
|
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.