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 | |
|---|---|---|---|---|---|---|
1226
BlackRock Resources & Commodities Strategy Trust
BCX
$888M
| $1.53M | ﹤0.01% |
216,669
+19,080
| +10% | +$151K |
|
1227
PUT
Comcast
CMCSA
$86.8B
| $1.53M | ﹤0.01% |
+44,900
| New | +$1.64M |
|
1228
iQIYI
IQ
$1.21B
| $1.53M | ﹤0.01% |
102,780
-23,714
| -19% | -$495K |
|
1229
Hasbro
HAS
$13.7B
| $1.53M | ﹤0.01% |
18,776
-357
| -2% | -$33.2K |
|
1230
Unum
UNM
$13.3B
| $1.53M | ﹤0.01% |
51,937
-9,893
| -16% | -$346K |
|
1231
Qorvo
QRVO
$8.01B
| $1.52M | ﹤0.01% |
25,112
+574
| +2% | +$38.6K |
|
1232
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.23B
| $1.52M | ﹤0.01% |
47,641
-18,397
| -28% | -$569K |
|
|
DWLV
1233
DELISTED
Invesco DWA Momentum & Low Volatility Rotation ETF
DWLV
| $1.52M | ﹤0.01% |
55,329
-3,085
| -5% | -$92.4K |
|
1234
Atmos Energy
ATO
$30.2B
| $1.52M | ﹤0.01% |
16,420
+1,667
| +11% | +$159K |
|
1235
Invesco Variable Rate Investment Grade ETF
VRIG
$1.8B
| $1.52M | ﹤0.01% |
61,726
+6,611
| +12% | +$165K |
|
1236
Global Payments
GPN
$24B
| $1.52M | ﹤0.01% |
14,697
-4,509
| -23% | -$497K |
|
1237
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.74B
| $1.51M | ﹤0.01% |
36,640
-6,137
| -14% | -$279K |
|
1238
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$354M
| $1.51M | ﹤0.01% |
40,762
-1,408
| -3% | -$51.5K |
|
1239
Zebra Technologies
ZBRA
$13.6B
| $1.51M | ﹤0.01% |
9,470
+5,937
| +168% | +$988K |
|
1240
VanEck Oil Services ETF
OIH
$1.99B
| $1.5M | ﹤0.01% |
5,358
+650
| +14% | +$257K |
|
1241
Global X SuperIncome Preferred ETF
SPFF
$140M
| $1.5M | ﹤0.01% |
135,628
+1,423
| +1% | +$16.2K |
|
1242
Synopsys
SNPS
$72.9B
| $1.49M | ﹤0.01% |
17,715
+674
| +4% | +$59.9K |
|
|
USG
1243
DELISTED
Usg
USG
| $1.49M | ﹤0.01% |
34,946
+2,274
| +7% | +$97.3K |
|
1244
iShares US Oil & Gas Exploration & Production ETF
IEO
$566M
| $1.49M | ﹤0.01% |
28,794
-58,910
| -67% | -$3.73M |
|
|
BXMX
1245
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $1.48M | ﹤0.01% |
122,806
-29,339
| -19% | -$386K |
|
1246
ALPS Equal Sector Weight ETF
EQL
$756M
| $1.48M | ﹤0.01% |
69,579
-2,259
| -3% | -$51.7K |
|
1247
LiveRamp
RAMP
$2.3B
| $1.48M | ﹤0.01% |
38,281
+5,593
| +17% | +$253K |
|
|
AABA
1248
DELISTED
Altaba Inc
AABA
| $1.48M | ﹤0.01% |
25,518
-6,510
| -20% | -$402K |
|
1249
Albemarle
ALB
$13.4B
| $1.48M | ﹤0.01% |
19,149
-2,458
| -11% | -$232K |
|
1250
BlackRock Multi-Sector Income Trust
BIT
$693M
| $1.48M | ﹤0.01% |
96,012
-5,524
| -5% | -$89.6K |
|
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.