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 | |
|---|---|---|---|---|---|---|
|
SYNT
1276
DELISTED
Syntel Inc
SYNT
| $1.61M | ﹤0.01% |
50,079
+2,867
| +6% | +$85.7K |
|
1277
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $1.61M | ﹤0.01% |
174,999
-65,285
| -27% | -$589K |
|
1278
InterContinental Hotels
IHG
$23.9B
| $1.6M | ﹤0.01% |
24,258
| – | – |
|
1279
Universal Display
OLED
$3.85B
| $1.6M | ﹤0.01% |
18,576
+8,187
| +79% | +$781K |
|
1280
iShares GNMA Bond ETF
GNMA
$425M
| $1.59M | ﹤0.01% |
32,947
-4,921
| -13% | -$238K |
|
1281
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$754M
| $1.59M | ﹤0.01% |
15,583
+2,959
| +23% | +$300K |
|
1282
Fidelity National Financial
FNF
$14.6B
| $1.59M | ﹤0.01% |
43,931
+623
| +1% | +$22.7K |
|
|
FLIR
1283
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.58M | ﹤0.01% |
30,503
-2,922
| -9% | -$156K |
|
1284
BlackRock Limited Duration Income Trust
BLW
$491M
| $1.58M | ﹤0.01% |
106,458
-5,670
| -5% | -$84.9K |
|
1285
Invesco DB Agriculture Fund
DBA
$1.24B
| $1.58M | ﹤0.01% |
87,499
-6,747
| -7% | -$127K |
|
1286
PUT
Micron Technology
MU
$927B
| $1.58M | ﹤0.01% |
+30,100
| New | +$1.63M |
|
|
USG
1287
DELISTED
Usg
USG
| $1.58M | ﹤0.01% |
36,597
-7,760
| -17% | -$322K |
|
1288
Diamondback Energy
FANG
$53.5B
| $1.58M | ﹤0.01% |
11,984
+1,187
| +11% | +$147K |
|
|
VMM
1289
DELISTED
Delaware Investments Minnesota Municipal Income Fund II
VMM
| $1.58M | ﹤0.01% |
127,270
+5,867
| +5% | +$73.7K |
|
1290
Cameco
CCJ
$37.9B
| $1.57M | ﹤0.01% |
140,005
+509
| +0.4% | +$5.54K |
|
1291
iShares MSCI Belgium ETF
EWK
$164M
| $1.57M | ﹤0.01% |
80,041
+1,048
| +1% | +$21.6K |
|
1292
Everest Group
EG
$15.8B
| $1.57M | ﹤0.01% |
6,823
-6,259
| -48% | -$1.47M |
|
1293
Synopsys
SNPS
$73.5B
| $1.57M | ﹤0.01% |
18,356
-3,209
| -15% | -$280K |
|
1294
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.81B
| $1.57M | ﹤0.01% |
56,280
-6,075
| -10% | -$169K |
|
1295
VanEck Short Muni ETF
SMB
$312M
| $1.57M | ﹤0.01% |
90,841
+4,533
| +5% | +$77.9K |
|
|
SYSB
1296
iShares Systematic Bond ETF
SYSB
$1.17B
| $1.57M | ﹤0.01% |
16,157
-3,737
| -19% | -$363K |
|
|
DOG
1297
ProShares Short Dow30
DOG
$109M
| $1.57M | ﹤0.01% |
26,150
+5,334
| +26% | +$317K |
|
1298
KLA
KLAC
$249B
| $1.56M | ﹤0.01% |
152,650
+6,280
| +4% | +$68.3K |
|
1299
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.73B
| $1.56M | ﹤0.01% |
71,211
+3,024
| +4% | +$66K |
|
1300
Axos Financial
AX
$5.64B
| $1.56M | ﹤0.01% |
38,164
-6,173
| -14% | -$257K |
|
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.