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 | |
|---|---|---|---|---|---|---|
1351
TripAdvisor
TRIP
$1.74B
| $1.48M | ﹤0.01% |
26,490
+3,175
| +14% | +$152K |
|
1352
Cincinnati Financial
CINF
$28B
| $1.47M | ﹤0.01% |
22,044
-7,517
| -25% | -$534K |
|
1353
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $1.47M | ﹤0.01% |
53,088
+2,624
| +5% | +$72.4K |
|
1354
Advanced Micro Devices
AMD
$741B
| $1.47M | ﹤0.01% |
98,249
-17,011
| -15% | -$216K |
|
1355
Bright Horizons
BFAM
$4.24B
| $1.47M | ﹤0.01% |
14,347
+618
| +5% | +$62.1K |
|
1356
Textron
TXT
$15.6B
| $1.47M | ﹤0.01% |
22,302
-9,137
| -29% | -$590K |
|
1357
BlackRock Core Bond Trust
BHK
$646M
| $1.47M | ﹤0.01% |
114,861
+2,253
| +2% | +$28.9K |
|
|
DSUM
1358
DELISTED
Invesco Chinese Yuan Dim Sum Bond ETF
DSUM
| $1.46M | ﹤0.01% |
64,055
-1,079
| -2% | -$25.9K |
|
1359
Domino's
DPZ
$11.6B
| $1.46M | ﹤0.01% |
5,184
+1,818
| +54% | +$461K |
|
1360
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$292M
| $1.46M | ﹤0.01% |
46,727
+275
| +0.6% | +$8.29K |
|
1361
Goldman Sachs ActiveBeta Europe Equity ETF
GSEU
$122M
| $1.46M | ﹤0.01% |
47,648
+4,242
| +10% | +$135K |
|
1362
SBA Communications
SBAC
$18.6B
| $1.46M | ﹤0.01% |
8,810
+1,423
| +19% | +$230K |
|
|
JRO
1363
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $1.45M | ﹤0.01% |
139,662
+71,671
| +105% | +$766K |
|
|
DCT
1364
DELISTED
DCT Industrial Trust Inc.
DCT
| $1.45M | ﹤0.01% |
21,708
-1,776
| -8% | -$111K |
|
1365
CNX Resources
CNX
$4.84B
| $1.45M | ﹤0.01% |
81,364
-28,617
| -26% | -$459K |
|
1366
Zions Bancorporation
ZION
$10.1B
| $1.45M | ﹤0.01% |
27,444
+2,117
| +8% | +$117K |
|
1367
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$384M
| $1.45M | ﹤0.01% |
26,761
+2,318
| +9% | +$134K |
|
1368
ProShares Ultra QQQ
QLD
$12.2B
| $1.44M | ﹤0.01% |
133,648
+1,520
| +1% | +$15.8K |
|
|
BRSL
1369
PUT
Brightstar Lottery PLC
BRSL
$1.92B
| $1.44M | ﹤0.01% |
62,100
-4,400
| -7% | -$117K |
|
|
JTD
1370
DELISTED
NUVEEN TAX-ADVANTAGE DIVIDEND GROWTH FUND
JTD
| $1.44M | ﹤0.01% |
87,493
+3,011
| +4% | +$50.5K |
|
|
TRTN
1371
DELISTED
Triton International Limited
TRTN
| $1.44M | ﹤0.01% |
46,886
+7,823
| +20% | +$259K |
|
1372
NXP Semiconductors
NXPI
$65.4B
| $1.44M | ﹤0.01% |
13,131
-2,596
| -17% | -$286K |
|
1373
BlackRock Floating Rate Income Trust
BGT
$322M
| $1.43M | ﹤0.01% |
109,490
-18,475
| -14% | -$250K |
|
1374
M&T Bank
MTB
$36.6B
| $1.43M | ﹤0.01% |
8,411
+19
| +0.2% | +$3.4K |
|
1375
Lumentum
LITE
$50.7B
| $1.43M | ﹤0.01% |
24,681
+2,960
| +14% | +$176K |
|
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.