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 | |
|---|---|---|---|---|---|---|
1251
Okta
OKTA
$23.6B
| $1.47M | ﹤0.01% |
23,102
-3,934
| -15% | -$233K |
|
1252
CarMax
KMX
$8.59B
| $1.47M | ﹤0.01% |
23,473
-301
| -1% | -$19.9K |
|
1253
Amplify AI Powered Equity ETF
AIEQ
$119M
| $1.47M | ﹤0.01% |
67,283
-7,799
| -10% | -$204K |
|
1254
Fidelity MSCI Utilities Index ETF
FUTY
$2.35B
| $1.47M | ﹤0.01% |
42,048
+7,796
| +23% | +$279K |
|
|
RTL
1255
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.46M | ﹤0.01% |
109,902
+39,856
| +57% | +$548K |
|
|
ATCO
1256
DELISTED
Atlas Corp.
ATCO
| $1.46M | ﹤0.01% |
186,859
-6,368
| -3% | -$55.4K |
|
1257
Teck Resources
TECK
$28.2B
| $1.46M | ﹤0.01% |
67,836
+4,714
| +7% | +$102K |
|
|
NEWR
1258
DELISTED
New Relic, Inc.
NEWR
| $1.46M | ﹤0.01% |
18,022
+4,313
| +31% | +$363K |
|
|
CXO
1259
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.46M | ﹤0.01% |
14,190
+1,321
| +10% | +$175K |
|
1260
Infosys
INFY
$50.7B
| $1.46M | ﹤0.01% |
153,104
+23,342
| +18% | +$223K |
|
1261
BlackRock Core Bond Trust
BHK
$643M
| $1.46M | ﹤0.01% |
119,430
-4,066
| -3% | -$50K |
|
1262
iShares S&P GSCI Commodity-Indexed Trust
GSG
$997M
| $1.46M | ﹤0.01% |
103,924
+3,623
| +4% | +$59K |
|
1263
West Pharmaceutical
WST
$23.6B
| $1.45M | ﹤0.01% |
14,829
+1,802
| +14% | +$196K |
|
1264
iShares MSCI Thailand ETF
THD
$361M
| $1.44M | ﹤0.01% |
17,435
-1,789
| -9% | -$155K |
|
1265
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$750M
| $1.44M | ﹤0.01% |
15,727
-500
| -3% | -$50.2K |
|
1266
ResMed
RMD
$31.1B
| $1.44M | ﹤0.01% |
12,666
+480
| +4% | +$51.4K |
|
1267
Goodyear
GT
$2.1B
| $1.43M | ﹤0.01% |
70,087
-1,465
| -2% | -$31.7K |
|
1268
State Street SPDR S&P International Small Cap ETF
GWX
$836M
| $1.43M | ﹤0.01% |
51,115
+20,230
| +66% | +$621K |
|
|
JHMF
1269
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $1.42M | ﹤0.01% |
45,450
-3,543
| -7% | -$122K |
|
1270
iShares MSCI New Zealand ETF
ENZL
$77.5M
| $1.42M | ﹤0.01% |
30,877
-18,479
| -37% | -$861K |
|
|
MDSO
1271
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.42M | ﹤0.01% |
21,083
+5,243
| +33% | +$370K |
|
1272
iShares MSCI Taiwan ETF
EWT
$9.17B
| $1.42M | ﹤0.01% |
44,906
-5,851
| -12% | -$194K |
|
1273
Huntington Ingalls Industries
HII
$11.3B
| $1.42M | ﹤0.01% |
7,455
-5,777
| -44% | -$1.26M |
|
|
FFC
1274
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$769M
| $1.42M | ﹤0.01% |
84,700
-21,335
| -20% | -$363K |
|
1275
Incyte
INCY
$25.2B
| $1.42M | ﹤0.01% |
22,284
-493
| -2% | -$32K |
|
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.