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 | |
|---|---|---|---|---|---|---|
1276
Nasdaq
NDAQ
$53.9B
| $1.73M | ﹤0.01% |
60,600
-42,714
| -41% | -$1.32M |
|
1277
Everest Group
EG
$15.7B
| $1.73M | ﹤0.01% |
7,580
+757
| +11% | +$169K |
|
1278
L3Harris
LHX
$55.4B
| $1.73M | ﹤0.01% |
10,237
-3,395
| -25% | -$540K |
|
1279
Fidelity National Financial
FNF
$14.6B
| $1.73M | ﹤0.01% |
45,744
+1,813
| +4% | +$69.1K |
|
|
TRTN
1280
DELISTED
Triton International Limited
TRTN
| $1.72M | ﹤0.01% |
51,792
+4,906
| +10% | +$173K |
|
1281
BlackRock Multi-Sector Income Trust
BIT
$693M
| $1.72M | ﹤0.01% |
101,536
+703
| +0.7% | +$12.2K |
|
1282
Invesco S&P SmallCap Information Technology ETF
PSCT
$472M
| $1.72M | ﹤0.01% |
61,275
+5,619
| +10% | +$161K |
|
1283
Huntsman Corp
HUN
$2.05B
| $1.71M | ﹤0.01% |
62,870
+28,122
| +81% | +$857K |
|
|
FLC
1284
Flaherty & Crumrine Total Return Fund
FLC
$174M
| $1.71M | ﹤0.01% |
91,662
-5,589
| -6% | -$109K |
|
1285
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$86M
| $1.71M | ﹤0.01% |
23,765
+357
| +2% | +$25.7K |
|
1286
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$545M
| $1.7M | ﹤0.01% |
38,744
-7,260
| -16% | -$318K |
|
1287
Moody's
MCO
$84.4B
| $1.69M | ﹤0.01% |
10,132
+2,844
| +39% | +$500K |
|
1288
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $1.69M | ﹤0.01% |
62,064
+8,976
| +17% | +$247K |
|
1289
Diamondback Energy
FANG
$55.8B
| $1.69M | ﹤0.01% |
12,490
+506
| +4% | +$64.6K |
|
|
VG
1290
DELISTED
Vonage Holdings Corporation
VG
| $1.69M | ﹤0.01% |
119,288
-516
| -0.4% | -$7.1K |
|
1291
Invesco S&P Spin-Off ETF
CSD
$219M
| $1.69M | ﹤0.01% |
30,728
+2,026
| +7% | +$111K |
|
1292
MGIC Investment
MTG
$6.53B
| $1.69M | ﹤0.01% |
126,570
+4,758
| +4% | +$59K |
|
1293
Jones Lang LaSalle
JLL
$16B
| $1.68M | ﹤0.01% |
11,668
+480
| +4% | +$75.4K |
|
|
AOD
1294
abrdn Total Dynamic Dividend Fund
AOD
$1.08B
| $1.68M | ﹤0.01% |
191,435
+59,036
| +45% | +$521K |
|
1295
Synopsys
SNPS
$72.5B
| $1.68M | ﹤0.01% |
17,041
-1,315
| -7% | -$125K |
|
|
WPX
1296
DELISTED
WPX Energy, Inc.
WPX
| $1.68M | ﹤0.01% |
83,477
-521
| -0.6% | -$9.66K |
|
|
ROOF
1297
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $1.68M | ﹤0.01% |
64,547
+2,380
| +4% | +$63.4K |
|
1298
Goodyear
GT
$2.1B
| $1.67M | ﹤0.01% |
71,552
+5,592
| +8% | +$131K |
|
1299
ProShares Ultra QQQ
QLD
$11.9B
| $1.67M | ﹤0.01% |
133,048
-600
| -0.4% | -$7.17K |
|
1300
iShares ESG Aware MSCI EAFE ETF
ESGD
$11.7B
| $1.67M | ﹤0.01% |
25,248
+2,036
| +9% | +$134K |
|
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.