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 | |
|---|---|---|---|---|---|---|
|
GENZ
1301
VanEck Digital Native Economy ETF
GENZ
$17.3M
| $1.56M | ﹤0.01% |
+34,040
| New | +$1.63M |
|
1302
Nu Skin
NUS
$255M
| $1.56M | ﹤0.01% |
19,966
+14,198
| +246% | +$1.1M |
|
1303
Invesco S&P Spin-Off ETF
CSD
$223M
| $1.56M | ﹤0.01% |
28,702
-671
| -2% | -$36.4K |
|
1304
Capital One
COF
$130B
| $1.56M | ﹤0.01% |
16,941
+3,569
| +27% | +$338K |
|
1305
Toro Company
TTC
$9.08B
| $1.56M | ﹤0.01% |
25,836
-10,123
| -28% | -$610K |
|
|
PFN
1306
PIMCO Income Strategy Fund II
PFN
$692M
| $1.55M | ﹤0.01% |
148,050
+8,566
| +6% | +$90.3K |
|
1307
Reaves Utility Income Fund
UTG
$3.57B
| $1.55M | ﹤0.01% |
53,618
+5,873
| +12% | +$166K |
|
1308
JD.com
JD
$42.9B
| $1.55M | ﹤0.01% |
39,756
+6,749
| +20% | +$260K |
|
|
DBL
1309
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $1.55M | ﹤0.01% |
74,131
-6,612
| -8% | -$139K |
|
1310
Innovator S&P Investment Grade Preferred ETF
EPRF
$69.1M
| $1.55M | ﹤0.01% |
65,352
-3,233
| -5% | -$75.3K |
|
|
VG
1311
DELISTED
Vonage Holdings Corporation
VG
| $1.54M | ﹤0.01% |
119,804
-1,905
| -2% | -$21.8K |
|
1312
Paycom
PAYC
$7.54B
| $1.54M | ﹤0.01% |
15,607
+4,673
| +43% | +$504K |
|
1313
Polaris
PII
$4.07B
| $1.54M | ﹤0.01% |
12,604
+2,782
| +28% | +$325K |
|
1314
ASML
ASML
$608B
| $1.54M | ﹤0.01% |
7,771
-272
| -3% | -$54.6K |
|
1315
Fidelity Dividend ETF for Rising Rates
FDRR
$739M
| $1.54M | ﹤0.01% |
50,797
+1,455
| +3% | +$44.3K |
|
1316
Roper Technologies
ROP
$38.7B
| $1.54M | ﹤0.01% |
5,572
-82
| -1% | -$22.6K |
|
1317
Goodyear
GT
$2.12B
| $1.54M | ﹤0.01% |
65,960
-811
| -1% | -$20.8K |
|
1318
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$713M
| $1.53M | ﹤0.01% |
55,765
+3,563
| +7% | +$100K |
|
1319
iShares Global Materials ETF
MXI
$340M
| $1.53M | ﹤0.01% |
22,762
+724
| +3% | +$50.3K |
|
1320
State Street SPDR S&P Pharmaceuticals ETF
XPH
$483M
| $1.53M | ﹤0.01% |
35,602
-803
| -2% | -$33.7K |
|
1321
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$104M
| $1.53M | ﹤0.01% |
66,084
-3,319
| -5% | -$79.6K |
|
1322
Incyte
INCY
$26B
| $1.53M | ﹤0.01% |
22,788
+9,999
| +78% | +$684K |
|
1323
Invesco S&P SmallCap Information Technology ETF
PSCT
$485M
| $1.53M | ﹤0.01% |
+55,656
| New | +$1.51M |
|
1324
Arrow Dow Jones Global Yield ETF
GYLD
$36.7M
| $1.52M | ﹤0.01% |
87,638
-11,648
| -12% | -$203K |
|
1325
Nuveen California Quality Municipal Income Fund
NAC
$1.85B
| $1.52M | ﹤0.01% |
114,088
-11,062
| -9% | -$148K |
|
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.