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 | |
|---|---|---|---|---|---|---|
1251
FlexShares Quality Dividend Defensive Index Fund
QDEF
$550M
| $1.68M | ﹤0.01% |
37,700
+4,095
| +12% | +$181K |
|
1252
iShares ESG Aware MSCI EM ETF
ESGE
$6.41B
| $1.68M | ﹤0.01% |
49,841
-19,439
| -28% | -$701K |
|
|
MRSH
1253
Marsh
MRSH
$91.7B
| $1.68M | ﹤0.01% |
20,459
-6,798
| -25% | -$555K |
|
|
MTOR
1254
DELISTED
MERITOR, Inc.
MTOR
| $1.67M | ﹤0.01% |
80,981
+2,491
| +3% | +$52.3K |
|
1255
Lamb Weston
LW
$7.51B
| $1.66M | ﹤0.01% |
24,255
-5,749
| -19% | -$376K |
|
1256
ALPS Equal Sector Weight ETF
EQL
$758M
| $1.66M | ﹤0.01% |
71,343
-693
| -1% | -$15.9K |
|
1257
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$86M
| $1.66M | ﹤0.01% |
23,408
+3,558
| +18% | +$245K |
|
1258
iShares MSCI Austria ETF
EWO
$172M
| $1.65M | ﹤0.01% |
72,930
+537
| +0.7% | +$13.1K |
|
|
ROOF
1259
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $1.65M | ﹤0.01% |
62,167
-10,619
| -15% | -$265K |
|
1260
NNN REIT
NNN
$9.37B
| $1.65M | ﹤0.01% |
37,544
-3,170
| -8% | -$128K |
|
1261
MSCI
MSCI
$42.1B
| $1.65M | ﹤0.01% |
9,966
+240
| +2% | +$37.9K |
|
1262
Interactive Brokers
IBKR
$40.5B
| $1.65M | ﹤0.01% |
102,220
+46,676
| +84% | +$845K |
|
1263
State Street SPDR S&P Insurance ETF
KIE
$671M
| $1.64M | ﹤0.01% |
55,165
-28,714
| -34% | -$882K |
|
1264
iShares US Oil Equipment & Services ETF
IEZ
$350M
| $1.64M | ﹤0.01% |
44,943
+7,532
| +20% | +$277K |
|
1265
Ross Stores
ROST
$80.5B
| $1.64M | ﹤0.01% |
19,351
-1,053
| -5% | -$85.7K |
|
1266
PUT
Alibaba
BABA
$276B
| $1.63M | ﹤0.01% |
8,800
-1,400
| -14% | -$267K |
|
1267
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$431M
| $1.63M | ﹤0.01% |
67,604
+13,303
| +24% | +$342K |
|
1268
Parker-Hannifin
PH
$125B
| $1.63M | ﹤0.01% |
10,478
+533
| +5% | +$90.9K |
|
1269
iShares MSCI Poland ETF
EPOL
$674M
| $1.63M | ﹤0.01% |
74,890
-8,494
| -10% | -$204K |
|
1270
Globus Medical
GMED
$10.9B
| $1.63M | ﹤0.01% |
32,318
+1,876
| +6% | +$97.8K |
|
1271
DB Gold Short ETN due Feb 15 2038
DGZ
$1.78M
| $1.63M | ﹤0.01% |
113,413
+8,394
| +8% | +$115K |
|
1272
Fluor
FLR
$6.89B
| $1.62M | ﹤0.01% |
33,243
+4,784
| +17% | +$251K |
|
1273
Post Holdings
POST
$4.27B
| $1.62M | ﹤0.01% |
28,780
+382
| +1% | +$19.9K |
|
|
FNI
1274
DELISTED
First Trust Chindia ETF
FNI
| $1.62M | ﹤0.01% |
42,029
-8,075
| -16% | -$319K |
|
|
CXO
1275
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.61M | ﹤0.01% |
11,625
+845
| +8% | +$121K |
|
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.