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 | |
|---|---|---|---|---|---|---|
|
ANDV
1426
DELISTED
Andeavor
ANDV
| $1.27M | ﹤0.01% |
12,633
+2,969
| +31% | +$310K |
|
1427
Cameco
CCJ
$36.8B
| $1.27M | ﹤0.01% |
139,496
+17,682
| +15% | +$164K |
|
1428
John Hancock Multifactor Small Cap ETF
JHSC
$718M
| $1.27M | ﹤0.01% |
+49,575
| New | +$1.29M |
|
1429
iShares Global Consumer Discretionary ETF
RXI
$252M
| $1.27M | ﹤0.01% |
11,376
+2,993
| +36% | +$342K |
|
1430
SBA Communications
SBAC
$19.8B
| $1.26M | ﹤0.01% |
7,387
-947
| -11% | -$157K |
|
1431
LCI Industries
LCII
$2.59B
| $1.26M | ﹤0.01% |
12,157
+6,581
| +118% | +$756K |
|
1432
Banco Bilbao Vizcaya Argentaria
BBVA
$142B
| $1.26M | ﹤0.01% |
159,528
+17,494
| +12% | +$150K |
|
1433
BlackRock MuniHoldings California Quality Fund
MUC
$1B
| $1.26M | ﹤0.01% |
95,546
+17,993
| +23% | +$244K |
|
|
LDRS
1434
DELISTED
Innovator IBD ETF Leaders ETF
LDRS
| $1.26M | ﹤0.01% |
+51,216
| New | +$1.32M |
|
1435
ProShares Ultra QQQ
QLD
$11.7B
| $1.26M | ﹤0.01% |
132,128
-21,400
| -14% | -$219K |
|
|
DOG
1436
ProShares Short Dow30
DOG
$112M
| $1.26M | ﹤0.01% |
20,816
-2,778
| -12% | -$163K |
|
1437
Pan American Silver
PAAS
$17.9B
| $1.26M | ﹤0.01% |
77,864
+2,972
| +4% | +$47.3K |
|
1438
Gentex
GNTX
$5.1B
| $1.26M | ﹤0.01% |
54,668
-3,324
| -6% | -$75.7K |
|
1439
Suburban Propane Partners
SPH
$1.21B
| $1.25M | ﹤0.01% |
56,933
+970
| +2% | +$23.7K |
|
1440
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.19B
| $1.25M | ﹤0.01% |
33,845
+19,734
| +140% | +$728K |
|
1441
United Airlines
UAL
$38.8B
| $1.25M | ﹤0.01% |
17,997
+3,361
| +23% | +$232K |
|
1442
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$745M
| $1.25M | ﹤0.01% |
12,624
+5,044
| +67% | +$521K |
|
1443
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$105M
| $1.25M | ﹤0.01% |
39,111
-660
| -2% | -$21.6K |
|
1444
Bausch Health
BHC
$1.75B
| $1.25M | ﹤0.01% |
78,251
-3,914
| -5% | -$72.8K |
|
1445
Affiliated Managers Group
AMG
$9.51B
| $1.24M | ﹤0.01% |
6,591
-427
| -6% | -$83.2K |
|
|
BGC
1446
DELISTED
General Cable Corporation
BGC
| $1.24M | ﹤0.01% |
41,878
-3,981
| -9% | -$118K |
|
|
FMK
1447
DELISTED
First Trust Mega Cap AlphaDEX Fund
FMK
| $1.24M | ﹤0.01% |
37,199
+12,700
| +52% | +$441K |
|
1448
CMS Energy
CMS
$23B
| $1.24M | ﹤0.01% |
27,283
+3,940
| +17% | +$173K |
|
|
KW
1449
DELISTED
Kennedy-Wilson Holdings
KW
| $1.24M | ﹤0.01% |
71,006
+4,799
| +7% | +$82.3K |
|
|
WR
1450
DELISTED
Westar Energy Inc
WR
| $1.24M | ﹤0.01% |
23,502
+3,499
| +17% | +$177K |
|
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.