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 | |
|---|---|---|---|---|---|---|
1376
iShares MSCI South Africa ETF
EZA
$534M
| $1.36M | ﹤0.01% |
19,800
-13,831
| -41% | -$986K |
|
1377
CarMax
KMX
$8.39B
| $1.35M | ﹤0.01% |
21,852
+2,141
| +11% | +$140K |
|
1378
SiriusXM
SIRI
$11B
| $1.35M | ﹤0.01% |
21,671
-1,881
| -8% | -$113K |
|
|
RWW
1379
DELISTED
Invesco S&P Financials Revenue ETF
RWW
| $1.35M | ﹤0.01% |
20,003
+9,805
| +96% | +$689K |
|
1380
Reaves Utility Income Fund
UTG
$3.47B
| $1.35M | ﹤0.01% |
47,745
+3,957
| +9% | +$115K |
|
1381
Brown-Forman Class A
BF.A
$13.7B
| $1.35M | ﹤0.01% |
25,262
-5,313
| -17% | -$284K |
|
1382
EPR Properties
EPR
$4.89B
| $1.35M | ﹤0.01% |
24,319
+1,468
| +6% | +$85K |
|
|
PBCT
1383
DELISTED
People's United Financial Inc
PBCT
| $1.34M | ﹤0.01% |
72,032
+7,005
| +11% | +$136K |
|
|
WPX
1384
DELISTED
WPX Energy, Inc.
WPX
| $1.34M | ﹤0.01% |
90,965
+2,683
| +3% | +$38.7K |
|
1385
Columbia Emerging Markets Consumer ETF
ECON
$312M
| $1.34M | ﹤0.01% |
50,709
-22,630
| -31% | -$633K |
|
|
VVC
1386
DELISTED
Vectren Corporation
VVC
| $1.34M | ﹤0.01% |
20,986
+3,595
| +21% | +$222K |
|
1387
iShares MSCI Chile ETF
ECH
$1,000M
| $1.34M | ﹤0.01% |
25,196
+1,950
| +8% | +$105K |
|
1388
JD.com
JD
$43.5B
| $1.34M | ﹤0.01% |
33,007
+12,169
| +58% | +$552K |
|
1389
Zions Bancorporation
ZION
$10.1B
| $1.34M | ﹤0.01% |
25,327
+14,135
| +126% | +$761K |
|
1390
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$291M
| $1.33M | ﹤0.01% |
46,452
+5,796
| +14% | +$168K |
|
1391
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$86.2M
| $1.33M | ﹤0.01% |
19,850
-1,410
| -7% | -$93.1K |
|
1392
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.15B
| $1.33M | ﹤0.01% |
12,132
+636
| +6% | +$72.1K |
|
|
JPEU
1393
DELISTED
JPMorgan Diversified Return Europe Equity ETF
JPEU
| $1.33M | ﹤0.01% |
22,347
+3,502
| +19% | +$214K |
|
1394
Bank OZK
OZK
$5.63B
| $1.33M | ﹤0.01% |
27,513
+1,813
| +7% | +$91.7K |
|
1395
Voya Financial
VOYA
$8.96B
| $1.33M | ﹤0.01% |
26,304
-2,311
| -8% | -$119K |
|
|
XLKS
1396
DELISTED
POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO
XLKS
| $1.33M | ﹤0.01% |
17,113
-185
| -1% | -$14.4K |
|
1397
EQT Corp
EQT
$32.9B
| $1.32M | ﹤0.01% |
51,236
+32,903
| +179% | +$944K |
|
|
DCT
1398
DELISTED
DCT Industrial Trust Inc.
DCT
| $1.32M | ﹤0.01% |
23,484
+11,881
| +102% | +$672K |
|
1399
Trinity Industries
TRN
$2.92B
| $1.32M | ﹤0.01% |
56,271
+22,809
| +68% | +$562K |
|
|
HQL
1400
abrdn Life Sciences Investors
HQL
$584M
| $1.32M | ﹤0.01% |
68,751
-41,183
| -37% | -$825K |
|
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.