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 | |
|---|---|---|---|---|---|---|
|
GGT
1251
Gabelli Multimedia Trust
GGT
$168M
| $1.81M | ﹤0.01% |
198,685
+13,436
| +7% | +$120K |
|
1252
Invesco Solar ETF
TAN
$1.39B
| $1.8M | ﹤0.01% |
86,929
-11,102
| -11% | -$245K |
|
1253
BlackRock Resources & Commodities Strategy Trust
BCX
$889M
| $1.79M | ﹤0.01% |
197,589
+113,176
| +134% | +$1.02M |
|
1254
DigitalBridge
DBRG
$2.93B
| $1.79M | ﹤0.01% |
73,408
+1,927
| +3% | +$47.3K |
|
|
TSS
1255
DELISTED
Total System Services, Inc.
TSS
| $1.79M | ﹤0.01% |
18,095
+5,507
| +44% | +$518K |
|
1256
iShares US & Intl High Yield Corp Bond ETF
GHYG
$193M
| $1.78M | ﹤0.01% |
36,032
-9,885
| -22% | -$487K |
|
1257
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.79B
| $1.78M | ﹤0.01% |
64,193
+7,913
| +14% | +$220K |
|
1258
CarMax
KMX
$8.52B
| $1.77M | ﹤0.01% |
23,774
+347
| +1% | +$26.5K |
|
1259
AutoZone
AZO
$51.1B
| $1.77M | ﹤0.01% |
2,285
+782
| +52% | +$576K |
|
1260
Capital One
COF
$130B
| $1.77M | ﹤0.01% |
18,653
+1,712
| +10% | +$167K |
|
|
COMG
1261
DELISTED
GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF
COMG
| $1.77M | ﹤0.01% |
57,351
-8,225
| -13% | -$242K |
|
|
LTC
1262
LTC Properties
LTC
$2.16B
| $1.77M | ﹤0.01% |
40,086
-3,851
| -9% | -$169K |
|
1263
InfraCap MLP ETF
AMZA
$474M
| $1.77M | ﹤0.01% |
23,719
+53
| +0.2% | +$4.09K |
|
|
SPYB
1264
DELISTED
SPDR S&P 500 Buyback ETF
SPYB
| $1.76M | ﹤0.01% |
26,392
+8,688
| +49% | +$572K |
|
1265
HSBC
HSBC
$354B
| $1.76M | ﹤0.01% |
41,972
-1,562
| -4% | -$67.7K |
|
|
TWO
1266
Two Harbors Investment
TWO
$1.27B
| $1.76M | ﹤0.01% |
29,416
+19,695
| +203% | +$1.23M |
|
1267
NNN REIT
NNN
$9.41B
| $1.75M | ﹤0.01% |
39,056
+1,512
| +4% | +$68K |
|
1268
VanEck Short Muni ETF
SMB
$312M
| $1.75M | ﹤0.01% |
101,964
+11,123
| +12% | +$192K |
|
1269
AllianceBernstein
AB
$3.48B
| $1.75M | ﹤0.01% |
57,428
-4,729
| -8% | -$141K |
|
1270
ALPS Equal Sector Weight ETF
EQL
$756M
| $1.75M | ﹤0.01% |
71,838
+495
| +0.7% | +$11.9K |
|
1271
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$751M
| $1.74M | ﹤0.01% |
16,227
+644
| +4% | +$68.5K |
|
1272
Mettler-Toledo International
MTD
$28.4B
| $1.74M | ﹤0.01% |
2,857
-127
| -4% | -$74.7K |
|
|
CLRG
1273
DELISTED
IndexIQ ETF Trust IQ U.S. Large Cap ETF
CLRG
| $1.74M | ﹤0.01% |
66,690
-5,345
| -7% | -$139K |
|
1274
Cincinnati Financial
CINF
$27.6B
| $1.73M | ﹤0.01% |
22,575
+531
| +2% | +$39.6K |
|
|
ETW
1275
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.01B
| $1.73M | ﹤0.01% |
144,092
+53,549
| +59% | +$642K |
|
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.