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 Mid-Cap ETF
IJH
|
+$109M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$91.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$89.2M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$87.5M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$76.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$36.6M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$35.8M |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$34.1M |
| 4 |
iShares MSCI Singapore ETF
EWS
|
+$32.2M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.42% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.37% |
| 4 | Industrials | 2.25% |
| 5 | Consumer Discretionary | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
DB Gold Short ETN due Feb 15 2038
DGZ
$1.96M
| $1.88M | ﹤0.01% |
123,870
+10,457
| +9% | +$156K |
|
1227
Lumentum
LITE
$47.9B
| $1.88M | ﹤0.01% |
31,407
+6,726
| +27% | +$402K |
|
1228
Bright Horizons
BFAM
$4.32B
| $1.88M | ﹤0.01% |
15,920
+1,573
| +11% | +$178K |
|
1229
FlexShares Quality Dividend Defensive Index Fund
QDEF
$550M
| $1.88M | ﹤0.01% |
40,079
+2,379
| +6% | +$110K |
|
1230
Zimmer Biomet
ZBH
$18.7B
| $1.88M | ﹤0.01% |
14,697
-5,242
| -26% | -$623K |
|
|
AXON
1231
Axon Enterprise
AXON
$44.4B
| $1.87M | ﹤0.01% |
27,356
-33,218
| -55% | -$2.24M |
|
1232
Monolithic Power Systems
MPWR
$62.6B
| $1.87M | ﹤0.01% |
14,887
+2,278
| +18% | +$318K |
|
1233
Cedar Fair
FUN
$1.93B
| $1.87M | ﹤0.01% |
35,867
+679
| +2% | +$37.6K |
|
1234
Timken Company
TKR
$9.39B
| $1.86M | ﹤0.01% |
37,418
+23,810
| +175% | +$1.12M |
|
1235
Brown-Forman Class B
BF.B
$13.6B
| $1.85M | ﹤0.01% |
36,670
+1,192
| +3% | +$61.9K |
|
1236
Reaves Utility Income Fund
UTG
$3.51B
| $1.85M | ﹤0.01% |
60,445
+6,827
| +13% | +$208K |
|
1237
Celanese
CE
$4.77B
| $1.85M | ﹤0.01% |
16,246
-404
| -2% | -$46.3K |
|
1238
PUT
iShares MSCI Emerging Markets ETF
EEM
$27.6B
| $1.85M | ﹤0.01% |
43,000
+1,000
| +2% | +$43.2K |
|
1239
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $1.84M | ﹤0.01% |
40,471
+8,261
| +26% | +$379K |
|
1240
Invesco S&P MidCap 400 GARP ETF
GRPM
$493M
| $1.83M | ﹤0.01% |
26,876
-513
| -2% | -$35.1K |
|
|
ETG
1241
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.75B
| $1.83M | ﹤0.01% |
102,399
-16,076
| -14% | -$285K |
|
|
BKI
1242
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.83M | ﹤0.01% |
35,203
-312
| -0.9% | -$16.7K |
|
1243
D.R. Horton
DHI
$42.2B
| $1.83M | ﹤0.01% |
43,313
+1,045
| +2% | +$45.2K |
|
|
JHMF
1244
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $1.82M | ﹤0.01% |
48,993
-4,985
| -9% | -$187K |
|
|
CMA
1245
DELISTED
Comerica
CMA
| $1.82M | ﹤0.01% |
20,129
-5,243
| -21% | -$500K |
|
1246
iShares S&P GSCI Commodity-Indexed Trust
GSG
$997M
| $1.82M | ﹤0.01% |
100,301
-7,932
| -7% | -$137K |
|
1247
Royal Gold
RGLD
$16.4B
| $1.82M | ﹤0.01% |
23,569
-488
| -2% | -$40.2K |
|
|
JHA
1248
DELISTED
Nuveen High Inc Dec 2018 Tgt Trm
JHA
| $1.81M | ﹤0.01% |
184,215
+73,350
| +66% | +$722K |
|
|
CIK
1249
Credit Suisse Asset Management Income Fund
CIK
$134M
| $1.81M | ﹤0.01% |
572,274
+99,525
| +21% | +$313K |
|
1250
iShares MSCI Thailand ETF
THD
$363M
| $1.81M | ﹤0.01% |
19,224
-1,709
| -8% | -$151K |
|
Similar funds
LPL Financial's Q3 2018 Portfolio in Review
As of Q3 2018, LPL Financial held 3,397 positions worth $41.7B, up 9.5% from $38.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.97B of net new capital in Q3 2018, opening 192 new positions and adding to 1,682 existing holdings. Its largest new stake was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
By sector, the portfolio is most concentrated in Technology at 3.4% 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 Dow Jones Industrial Average ETF Trust, an estimated $36.6M trimmed.
- LPL Financial's largest Q3 2018 buy was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2018, an estimated $109M increase.
- LPL Financial's biggest Q3 2018 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $36.6M.
- LPL Financial fully exited iShares iBonds Sep 2018 Term Muni Bond ETF in Q3 2018, selling an estimated $2.44M.
- LPL Financial's ten largest holdings make up 24% of its $41.7B portfolio in Q3 2018.
- LPL Financial opened 192 new positions and closed 170 in Q3 2018.
- LPL Financial's portfolio value rose 9.5% quarter-over-quarter to $41.7B.
Based on LPL Financial's 13F filing for Q3 2018, filed 14 Nov 2018.