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 | |
|---|---|---|---|---|---|---|
1326
Sprott Physical Gold
PHYS
$14.6B
| $1.47M | ﹤0.01% |
136,413
+1,473
| +1% | +$15.9K |
|
1327
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.69B
| $1.46M | ﹤0.01% |
68,187
+12,702
| +23% | +$281K |
|
|
IGR
1328
CBRE Global Real Estate Income Fund
IGR
$719M
| $1.46M | ﹤0.01% |
200,027
-1,055
| -0.5% | -$7.94K |
|
|
PFN
1329
PIMCO Income Strategy Fund II
PFN
$695M
| $1.46M | ﹤0.01% |
139,484
+35,625
| +34% | +$368K |
|
1330
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$694M
| $1.46M | ﹤0.01% |
52,202
+7,572
| +17% | +$215K |
|
1331
MSCI
MSCI
$42.4B
| $1.45M | ﹤0.01% |
9,726
+1,575
| +19% | +$226K |
|
1332
Keurig Dr Pepper
KDP
$42.8B
| $1.45M | ﹤0.01% |
12,262
-1,971
| -14% | -$218K |
|
1333
Stellantis
STLA
$17.4B
| $1.45M | ﹤0.01% |
70,657
-7,531
| -10% | -$165K |
|
1334
MGIC Investment
MTG
$6.47B
| $1.45M | ﹤0.01% |
111,241
+1,867
| +2% | +$26.4K |
|
1335
FlexShares Quality Dividend Defensive Index Fund
QDEF
$545M
| $1.44M | ﹤0.01% |
33,605
+4,360
| +15% | +$193K |
|
|
DWLV
1336
DELISTED
Invesco DWA Momentum & Low Volatility Rotation ETF
DWLV
| $1.44M | ﹤0.01% |
+45,968
| New | +$1.46M |
|
1337
Broadridge
BR
$18.4B
| $1.44M | ﹤0.01% |
13,143
+8,290
| +171% | +$823K |
|
1338
Best Buy
BBY
$19B
| $1.44M | ﹤0.01% |
20,578
+5,104
| +33% | +$367K |
|
|
TIF
1339
DELISTED
Tiffany & Co.
TIF
| $1.44M | ﹤0.01% |
14,749
+1,665
| +13% | +$172K |
|
|
MOMO
1340
Hello Group
MOMO
$867M
| $1.44M | ﹤0.01% |
38,477
+10,539
| +38% | +$335K |
|
|
IBDC
1341
DELISTED
iShares iBonds Mar 2020 Term Corporate ETF
IBDC
| $1.44M | ﹤0.01% |
55,383
+34,400
| +164% | +$893K |
|
1342
Invesco DB US Dollar Index Bullish Fund
UUP
$423M
| $1.43M | ﹤0.01% |
60,717
-8,517
| -12% | -$201K |
|
1343
abrdn Physical Gold Shares ETF
SGOL
$6.9B
| $1.43M | ﹤0.01% |
111,690
+6,480
| +6% | +$83.4K |
|
1344
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$430M
| $1.43M | ﹤0.01% |
54,301
+6,306
| +13% | +$166K |
|
1345
Gladstone Investment Corp
GAIN
$642M
| $1.43M | ﹤0.01% |
141,409
+72,060
| +104% | +$752K |
|
|
HPF
1346
John Hancock Preferred Income Fund II
HPF
$340M
| $1.43M | ﹤0.01% |
71,216
+41,731
| +142% | +$845K |
|
1347
Ameriprise Financial
AMP
$47.8B
| $1.43M | ﹤0.01% |
9,638
-1,612
| -14% | -$263K |
|
1348
Ovintiv
OVV
$17B
| $1.43M | ﹤0.01% |
25,924
-607
| -2% | -$36K |
|
1349
DB Gold Short ETN due Feb 15 2038
DGZ
$1.89M
| $1.42M | ﹤0.01% |
105,019
+5,188
| +5% | +$69.4K |
|
1350
Carlyle Group
CG
$16.1B
| $1.42M | ﹤0.01% |
66,609
+4,492
| +7% | +$106K |
|
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.