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 | |
|---|---|---|---|---|---|---|
1301
iShares MSCI Chile ETF
ECH
$1.01B
| $1.37M | ﹤0.01% |
33,169
+5,656
| +21% | +$243K |
|
1302
Cedar Fair
FUN
$1.9B
| $1.37M | ﹤0.01% |
29,052
-6,815
| -19% | -$356K |
|
1303
iShares Global Utilities ETF
JXI
$315M
| $1.37M | ﹤0.01% |
27,905
-394
| -1% | -$19.7K |
|
1304
MGIC Investment
MTG
$6.54B
| $1.37M | ﹤0.01% |
130,685
+4,115
| +3% | +$48.2K |
|
1305
Motorola Solutions
MSI
$73B
| $1.37M | ﹤0.01% |
11,870
+2,252
| +23% | +$280K |
|
1306
Cognex
CGNX
$9.77B
| $1.36M | ﹤0.01% |
35,238
-13,266
| -27% | -$575K |
|
1307
eBay
EBAY
$51.7B
| $1.36M | ﹤0.01% |
48,534
-17,044
| -26% | -$501K |
|
1308
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$39.3M
| $1.36M | ﹤0.01% |
59,091
+5,454
| +10% | +$142K |
|
1309
Invesco S&P 500 GARP ETF
SPGP
$2.27B
| $1.36M | ﹤0.01% |
29,713
+6,724
| +29% | +$329K |
|
1310
iShares MSCI Pacific ex Japan ETF
EPP
$2.24B
| $1.36M | ﹤0.01% |
33,336
-7,135
| -18% | -$302K |
|
1311
WisdomTree Managed Futures Strategy Fund
WTMF
$242M
| $1.36M | ﹤0.01% |
34,982
+26,458
| +310% | +$1.06M |
|
1312
Brown-Forman Class A
BF.A
$13.8B
| $1.35M | ﹤0.01% |
28,560
+776
| +3% | +$37K |
|
1313
First Solar
FSLR
$21.9B
| $1.35M | ﹤0.01% |
31,809
+7,754
| +32% | +$340K |
|
1314
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$182M
| $1.35M | ﹤0.01% |
21,721
+4,236
| +24% | +$279K |
|
1315
RLI Corp
RLI
$5.99B
| $1.35M | ﹤0.01% |
39,116
+128
| +0.3% | +$4.65K |
|
1316
Sarepta Therapeutics
SRPT
$1.66B
| $1.35M | ﹤0.01% |
12,337
-2,413
| -16% | -$302K |
|
1317
Invesco AI and Next Gen Software ETF
IGPT
$1.12B
| $1.34M | ﹤0.01% |
54,561
+8,055
| +17% | +$206K |
|
1318
Northern Trust
NTRS
$22.1B
| $1.34M | ﹤0.01% |
16,078
+2,052
| +15% | +$192K |
|
1319
Regions Financial
RF
$26.6B
| $1.34M | ﹤0.01% |
100,214
-60,660
| -38% | -$975K |
|
1320
Dolby
DLB
$5.03B
| $1.34M | ﹤0.01% |
21,668
+318
| +1% | +$21.4K |
|
1321
Jones Lang LaSalle
JLL
$16.2B
| $1.34M | ﹤0.01% |
10,573
-1,095
| -9% | -$148K |
|
|
BTO
1322
John Hancock Financial Opportunities Fund
BTO
$820M
| $1.34M | ﹤0.01% |
47,919
+23,021
| +92% | +$773K |
|
|
PFN
1323
PIMCO Income Strategy Fund II
PFN
$694M
| $1.34M | ﹤0.01% |
140,406
-13,612
| -9% | -$135K |
|
1324
Verisk Analytics
VRSK
$28.1B
| $1.33M | ﹤0.01% |
12,237
+3,378
| +38% | +$395K |
|
1325
Electronic Arts
EA
$52.4B
| $1.33M | ﹤0.01% |
16,888
-2,130
| -11% | -$195K |
|
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.