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 | |
|---|---|---|---|---|---|---|
1351
iShares MSCI ACWI ex US ETF
ACWX
$11.2B
| $1.42M | ﹤0.01% |
28,551
-181,598
| -86% | -$9.24M |
|
1352
Dolby
DLB
$4.97B
| $1.42M | ﹤0.01% |
22,312
-3,093
| -12% | -$199K |
|
|
XRLV
1353
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $1.42M | ﹤0.01% |
41,930
+35,879
| +593% | +$1.24M |
|
|
SRCL
1354
DELISTED
Stericycle Inc
SRCL
| $1.42M | ﹤0.01% |
24,180
+1
| +0% | +$68 |
|
1355
West Pharmaceutical
WST
$23.7B
| $1.41M | ﹤0.01% |
16,043
+2,185
| +16% | +$204K |
|
1356
Post Holdings
POST
$4.42B
| $1.41M | ﹤0.01% |
28,398
+11,543
| +68% | +$584K |
|
1357
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $1.41M | ﹤0.01% |
50,464
+2,478
| +5% | +$68.8K |
|
1358
Service Corp International
SCI
$11.8B
| $1.41M | ﹤0.01% |
37,261
-13,385
| -26% | -$514K |
|
1359
Travel + Leisure Co
TNL
$4.76B
| $1.4M | ﹤0.01% |
27,167
+1,714
| +7% | +$91.7K |
|
|
GGT
1360
Gabelli Multimedia Trust
GGT
$168M
| $1.39M | ﹤0.01% |
152,638
+2,980
| +2% | +$27.9K |
|
|
TVRD
1361
Tvardi Therapeutics
TVRD
$20.1M
| $1.39M | ﹤0.01% |
3,127
+1,065
| +52% | +$517K |
|
|
DYLS
1362
DELISTED
WisdomTree Dynamic Long/Short U.S. Equity Fund
DYLS
| $1.39M | ﹤0.01% |
42,974
-4,036
| -9% | -$133K |
|
1363
Veeva Systems
VEEV
$33.8B
| $1.39M | ﹤0.01% |
19,060
-1,106
| -5% | -$71.5K |
|
1364
Wolfspeed
WOLF
$1.04B
| $1.39M | ﹤0.01% |
34,523
-3,578
| -9% | -$135K |
|
1365
Lumentum
LITE
$46.9B
| $1.39M | ﹤0.01% |
21,721
+11,090
| +104% | +$636K |
|
1366
iShares Global Utilities ETF
JXI
$315M
| $1.39M | ﹤0.01% |
28,218
-1,127
| -4% | -$54K |
|
|
JTD
1367
DELISTED
NUVEEN TAX-ADVANTAGE DIVIDEND GROWTH FUND
JTD
| $1.38M | ﹤0.01% |
84,482
+19,099
| +29% | +$333K |
|
1368
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$649M
| $1.38M | ﹤0.01% |
101,611
+10,703
| +12% | +$153K |
|
1369
Northern Trust
NTRS
$21.8B
| $1.37M | ﹤0.01% |
13,312
+1,229
| +10% | +$129K |
|
|
QVCGA
1370
DELISTED
QVC Group Inc Series A
QVCGA
| $1.37M | ﹤0.01% |
1,124
+33
| +3% | +$43.4K |
|
1371
Agilent Technologies
A
$39.6B
| $1.37M | ﹤0.01% |
20,509
+6,441
| +46% | +$451K |
|
|
IBMK
1372
DELISTED
iShares iBonds Dec 2022 Term Muni Bond ETF
IBMK
| $1.37M | ﹤0.01% |
53,742
+6,681
| +14% | +$171K |
|
1373
Goldman Sachs ActiveBeta Europe Equity ETF
GSEU
$122M
| $1.37M | ﹤0.01% |
43,406
+7,930
| +22% | +$256K |
|
1374
Diamondback Energy
FANG
$56B
| $1.37M | ﹤0.01% |
10,797
+5,577
| +107% | +$703K |
|
1375
Bright Horizons
BFAM
$4.35B
| $1.36M | ﹤0.01% |
13,729
+3,394
| +33% | +$330K |
|
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.