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 | |
|---|---|---|---|---|---|---|
1401
LKQ Corp
LKQ
$6.77B
| $1.38M | ﹤0.01% |
43,314
-21,852
| -34% | -$729K |
|
|
CLR
1402
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.38M | ﹤0.01% |
21,295
-8,579
| -29% | -$554K |
|
1403
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $1.38M | ﹤0.01% |
55,265
-5,452
| -9% | -$133K |
|
1404
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$235M
| $1.37M | ﹤0.01% |
68,611
-92,620
| -57% | -$1.96M |
|
1405
iShares Global Equity Factor ETF
GLOF
$213M
| $1.37M | ﹤0.01% |
45,665
+5,717
| +14% | +$177K |
|
1406
AMC Global Media
AMCX
$451M
| $1.37M | ﹤0.01% |
21,979
-590
| -3% | -$33.7K |
|
|
VGR
1407
DELISTED
Vector Group Ltd.
VGR
| $1.37M | ﹤0.01% |
111,254
-29,951
| -21% | -$377K |
|
1408
Keurig Dr Pepper
KDP
$42.3B
| $1.36M | ﹤0.01% |
11,176
-1,086
| -9% | -$130K |
|
1409
Dell
DELL
$253B
| $1.36M | ﹤0.01% |
57,283
+888
| +2% | +$19.6K |
|
1410
Virtus Biotech Clinical Trials ETF
BBC
$46.4M
| $1.36M | ﹤0.01% |
41,582
+2,024
| +5% | +$66.5K |
|
1411
Suburban Propane Partners
SPH
$1.24B
| $1.36M | ﹤0.01% |
57,858
+925
| +2% | +$21.3K |
|
1412
Goldman Sachs Hedge Industry VIP ETF
GVIP
$549M
| $1.36M | ﹤0.01% |
24,534
-81,652
| -77% | -$4.47M |
|
1413
Ameriprise Financial
AMP
$48.3B
| $1.35M | ﹤0.01% |
9,684
+46
| +0.5% | +$6.52K |
|
1414
Atmos Energy
ATO
$29.9B
| $1.35M | ﹤0.01% |
15,021
-581
| -4% | -$50.3K |
|
1415
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$296M
| $1.35M | ﹤0.01% |
17,468
+93
| +0.5% | +$6.99K |
|
1416
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $1.35M | ﹤0.01% |
45,218
+13,181
| +41% | +$440K |
|
1417
Packaging Corp of America
PKG
$22.6B
| $1.35M | ﹤0.01% |
12,040
+2,393
| +25% | +$279K |
|
|
OAK
1418
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $1.34M | ﹤0.01% |
33,089
-11,301
| -25% | -$457K |
|
|
CA
1419
DELISTED
CA, Inc.
CA
| $1.34M | ﹤0.01% |
37,731
-6,562
| -15% | -$231K |
|
1420
VanEck Biotech ETF
BBH
$409M
| $1.34M | ﹤0.01% |
11,199
+284
| +3% | +$33.5K |
|
|
EMD
1421
Western Asset Emerging Markets Debt Fund
EMD
$613M
| $1.34M | ﹤0.01% |
101,296
+16,267
| +19% | +$226K |
|
1422
Mattel
MAT
$4.49B
| $1.34M | ﹤0.01% |
81,730
-9,673
| -11% | -$147K |
|
|
MNK
1423
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $1.34M | ﹤0.01% |
71,735
+4,213
| +6% | +$67K |
|
1424
Brown-Forman Class A
BF.A
$13.4B
| $1.34M | ﹤0.01% |
27,381
+2,119
| +8% | +$112K |
|
1425
UGI
UGI
$7.92B
| $1.34M | ﹤0.01% |
25,688
+4,952
| +24% | +$240K |
|
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.