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 | |
|---|---|---|---|---|---|---|
1326
Fidelity Dividend ETF for Rising Rates
FDRR
$735M
| $1.61M | ﹤0.01% |
49,837
-960
| -2% | -$30.5K |
|
1327
Chemed
CHE
$7.12B
| $1.61M | ﹤0.01% |
5,045
-518
| -9% | -$165K |
|
|
ATCO
1328
DELISTED
Atlas Corp.
ATCO
| $1.61M | ﹤0.01% |
193,227
-1,691
| -0.9% | -$15.2K |
|
1329
West Pharmaceutical
WST
$23.6B
| $1.61M | ﹤0.01% |
13,027
-2,280
| -15% | -$256K |
|
1330
VanEck Biotech ETF
BBH
$407M
| $1.61M | ﹤0.01% |
11,807
+608
| +5% | +$79.1K |
|
1331
Builders FirstSource
BLDR
$7.39B
| $1.6M | ﹤0.01% |
108,965
-24,378
| -18% | -$413K |
|
1332
Nuveen Select Tax-Free Income Portfolio
NXP
$900M
| $1.6M | ﹤0.01% |
115,037
-19,569
| -15% | -$276K |
|
1333
Global X SuperIncome Preferred ETF
SPFF
$139M
| $1.6M | ﹤0.01% |
134,205
-16,048
| -11% | -$192K |
|
|
MTOR
1334
DELISTED
MERITOR, Inc.
MTOR
| $1.6M | ﹤0.01% |
82,509
+1,528
| +2% | +$32.1K |
|
|
AAVM
1335
EA Series Trust Alpha Architect Global Factor Equity ETF
AAVM
$24.7M
| $1.59M | ﹤0.01% |
55,072
+23,575
| +75% | +$682K |
|
1336
Old Dominion Freight Line
ODFL
$46.1B
| $1.59M | ﹤0.01% |
29,550
-11,484
| -28% | -$581K |
|
|
FSD
1337
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.59M | ﹤0.01% |
107,605
-10,970
| -9% | -$161K |
|
1338
HealthEquity
HQY
$8.66B
| $1.58M | ﹤0.01% |
16,768
-257
| -2% | -$22.1K |
|
1339
BlackRock Core Bond Trust
BHK
$643M
| $1.58M | ﹤0.01% |
123,496
+8,635
| +8% | +$111K |
|
|
FLIR
1340
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.58M | ﹤0.01% |
25,659
-4,844
| -16% | -$285K |
|
1341
Incyte
INCY
$25.2B
| $1.57M | ﹤0.01% |
22,777
-11
| -0% | -$755 |
|
|
GG
1342
DELISTED
Goldcorp Inc
GG
| $1.57M | ﹤0.01% |
154,126
+24,025
| +18% | +$282K |
|
1343
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$766M
| $1.57M | ﹤0.01% |
54,828
+840
| +2% | +$24K |
|
1344
AdvisorShares Insider Advantage ETF
SURE
$57.1M
| $1.56M | ﹤0.01% |
22,277
+258
| +1% | +$18K |
|
1345
Gladstone Investment Corp
GAIN
$648M
| $1.56M | ﹤0.01% |
136,541
-15,861
| -10% | -$187K |
|
1346
Ameriprise Financial
AMP
$48.2B
| $1.56M | ﹤0.01% |
10,563
+879
| +9% | +$126K |
|
1347
Molina Healthcare
MOH
$10.5B
| $1.55M | ﹤0.01% |
+10,449
| New | +$1.33M |
|
1348
State Street SPDR S&P Software & Services ETF
XSW
$442M
| $1.55M | ﹤0.01% |
17,120
+6,831
| +66% | +$598K |
|
1349
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$354M
| $1.54M | ﹤0.01% |
42,170
-6,430
| -13% | -$239K |
|
1350
XPO
XPO
$24B
| $1.54M | ﹤0.01% |
39,106
-15,186
| -28% | -$552K |
|
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.