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 | |
|---|---|---|---|---|---|---|
1351
Nuveen Select Tax-Free Income Portfolio
NXP
$900M
| $1.28M | ﹤0.01% |
90,781
-24,256
| -21% | -$338K |
|
|
SCHR
1352
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $1.27M | ﹤0.01% |
48,112
+22,302
| +86% | +$579K |
|
1353
Snap-on
SNA
$21.5B
| $1.27M | ﹤0.01% |
8,769
-3,941
| -31% | -$623K |
|
|
ABB
1354
DELISTED
ABB Ltd
ABB
| $1.27M | ﹤0.01% |
67,028
-1,825
| -3% | -$37K |
|
|
KW
1355
DELISTED
Kennedy-Wilson Holdings
KW
| $1.27M | ﹤0.01% |
70,025
-150
| -0.2% | -$2.88K |
|
1356
L3Harris
LHX
$55.7B
| $1.27M | ﹤0.01% |
9,409
-828
| -8% | -$125K |
|
1357
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $1.27M | ﹤0.01% |
13,572
-739
| -5% | -$77.2K |
|
|
ITG
1358
DELISTED
Investment Technology Group Inc
ITG
| $1.27M | ﹤0.01% |
41,879
-3,323
| -7% | -$95.3K |
|
1359
Cohen & Steers Quality Income Realty Fund
RQI
$1.72B
| $1.26M | ﹤0.01% |
122,144
+83,343
| +215% | +$951K |
|
1360
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $1.26M | ﹤0.01% |
56,400
-22,061
| -28% | -$520K |
|
|
VVC
1361
DELISTED
Vectren Corporation
VVC
| $1.26M | ﹤0.01% |
17,551
-1,864
| -10% | -$134K |
|
1362
VanEck Short High Yield Muni ETF
SHYD
$452M
| $1.26M | ﹤0.01% |
52,137
+19,567
| +60% | +$472K |
|
|
CNCR
1363
DELISTED
ETF Series Solutions Trust Range Cancer Therapeutics ETF
CNCR
| $1.26M | ﹤0.01% |
66,827
+19,031
| +40% | +$397K |
|
1364
iShares MSCI Emerging Markets Asia ETF
EEMA
$804M
| $1.26M | ﹤0.01% |
20,655
+1,902
| +10% | +$119K |
|
1365
HDFC Bank
HDB
$123B
| $1.26M | ﹤0.01% |
48,504
+1,212
| +3% | +$28.6K |
|
1366
JD.com
JD
$43.4B
| $1.25M | ﹤0.01% |
59,857
+17,959
| +43% | +$402K |
|
1367
Darden Restaurants
DRI
$24.2B
| $1.25M | ﹤0.01% |
12,467
+98
| +0.8% | +$10.5K |
|
1368
Viatris
VTRS
$20.8B
| $1.25M | ﹤0.01% |
45,434
-28,967
| -39% | -$939K |
|
1369
Invesco Golden Dragon China ETF
PGJ
$96.5M
| $1.24M | ﹤0.01% |
39,162
-799
| -2% | -$27.1K |
|
1370
Bath & Body Works
BBWI
$3.95B
| $1.23M | ﹤0.01% |
59,444
+6,495
| +12% | +$164K |
|
1371
LPL Financial
LPLA
$27.3B
| $1.23M | ﹤0.01% |
20,196
+2,011
| +11% | +$123K |
|
|
MVIN
1372
DELISTED
Natixis Seeyond International Minimum Volatility ETF
MVIN
| $1.23M | ﹤0.01% |
31,380
-645
| -2% | -$27K |
|
1373
TripAdvisor
TRIP
$1.7B
| $1.23M | ﹤0.01% |
22,867
-9,159
| -29% | -$507K |
|
1374
JB Hunt Transport Services
JBHT
$25.6B
| $1.23M | ﹤0.01% |
13,213
-8,972
| -40% | -$951K |
|
1375
Take-Two Interactive
TTWO
$46.3B
| $1.23M | ﹤0.01% |
11,940
+902
| +8% | +$104K |
|
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.