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 500 ETF
IVV
|
+$166M |
| 2 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$133M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$126M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$120M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.1M |
| 2 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$42.7M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$38.3M |
| 4 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$36.5M |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.1% |
| 2 | Financials | 2.91% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.26% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CA
1301
DELISTED
CA, Inc.
CA
| $1.5M | ﹤0.01% |
44,293
+4,595
| +12% | +$160K |
|
|
ABB
1302
DELISTED
ABB Ltd
ABB
| $1.5M | ﹤0.01% |
63,244
+17,095
| +37% | +$440K |
|
1303
John Hancock Multifactor Developed International ETF
JHMD
$947M
| $1.5M | ﹤0.01% |
49,396
+8,029
| +19% | +$248K |
|
|
XHR
1304
Xenia Hotels & Resorts
XHR
$2.01B
| $1.5M | ﹤0.01% |
76,048
+16,842
| +28% | +$349K |
|
1305
Ameren
AEE
$30.4B
| $1.5M | ﹤0.01% |
26,438
+4,712
| +22% | +$261K |
|
1306
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $1.5M | ﹤0.01% |
14,064
-453
| -3% | -$49.3K |
|
1307
ProShares UltraShort S&P500
SDS
$435M
| $1.49M | ﹤0.01% |
1,459
+75
| +5% | +$73.1K |
|
1308
Itaú Unibanco
ITUB
$89.8B
| $1.49M | ﹤0.01% |
196,982
+21,996
| +13% | +$165K |
|
1309
iShares Global Materials ETF
MXI
$337M
| $1.49M | ﹤0.01% |
22,038
+1,229
| +6% | +$87.1K |
|
1310
WisdomTree Dynamic International Equity Fund
DDWM
$1.47B
| $1.49M | ﹤0.01% |
50,003
+725
| +1% | +$22.1K |
|
1311
VanEck Short Muni ETF
SMB
$312M
| $1.49M | ﹤0.01% |
86,308
-10,702
| -11% | -$185K |
|
1312
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$762M
| $1.48M | ﹤0.01% |
54,016
-9,246
| -15% | -$260K |
|
1313
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$382M
| $1.48M | ﹤0.01% |
24,443
+5,787
| +31% | +$355K |
|
1314
Leidos
LDOS
$14.4B
| $1.48M | ﹤0.01% |
22,663
+9,676
| +75% | +$639K |
|
1315
iShares MSCI China ETF
MCHI
$6.23B
| $1.48M | ﹤0.01% |
21,610
+5,105
| +31% | +$362K |
|
1316
Devon Energy
DVN
$51.3B
| $1.48M | ﹤0.01% |
46,585
+20,620
| +79% | +$757K |
|
1317
BlackRock Core Bond Trust
BHK
$644M
| $1.48M | ﹤0.01% |
112,608
+14,094
| +14% | +$188K |
|
1318
State Street SPDR S&P Health Care Equipment ETF
XHE
$162M
| $1.48M | ﹤0.01% |
21,155
+3,096
| +17% | +$211K |
|
1319
Fidelity Dividend ETF for Rising Rates
FDRR
$730M
| $1.47M | ﹤0.01% |
49,342
-1,017
| -2% | -$31.6K |
|
1320
Under Armour Class C
UA
$2.95B
| $1.47M | ﹤0.01% |
102,674
+14,147
| +16% | +$199K |
|
1321
Owens Corning
OC
$11B
| $1.47M | ﹤0.01% |
18,294
+6,760
| +59% | +$589K |
|
1322
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$187M
| $1.47M | ﹤0.01% |
69,115
+50,920
| +280% | +$1.14M |
|
1323
Hewlett Packard
HPE
$58.8B
| $1.47M | ﹤0.01% |
83,694
+3,959
| +5% | +$67.3K |
|
1324
Infosys
INFY
$51B
| $1.47M | ﹤0.01% |
164,394
-9,468
| -5% | -$83.9K |
|
1325
Olin
OLN
$2.53B
| $1.47M | ﹤0.01% |
48,259
-5,933
| -11% | -$202K |
|
Similar funds
LPL Financial's Q1 2018 Portfolio in Review
As of Q1 2018, LPL Financial held 3,320 positions worth $36.3B, up 11% from $32.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $3.99B of net new capital in Q1 2018, opening 302 new positions and adding to 1,901 existing holdings. Its largest new stake was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $65.1M trimmed.
- LPL Financial's largest Q1 2018 buy was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q1 2018, an estimated $166M increase.
- LPL Financial's biggest Q1 2018 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $65.1M.
- LPL Financial fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $2.09M.
- LPL Financial's ten largest holdings make up 23% of its $36.3B portfolio in Q1 2018.
- LPL Financial opened 302 new positions and closed 144 in Q1 2018.
- LPL Financial's portfolio value rose 11% quarter-over-quarter to $36.3B.
Based on LPL Financial's 13F filing for Q1 2018, filed 15 May 2018.