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 Mid-Cap ETF
IJH
|
+$109M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$91.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$89.2M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$87.5M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$76.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$36.6M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$35.8M |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$34.1M |
| 4 |
iShares MSCI Singapore ETF
EWS
|
+$32.2M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.42% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.37% |
| 4 | Industrials | 2.25% |
| 5 | Consumer Discretionary | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VVC
1426
DELISTED
Vectren Corporation
VVC
| $1.39M | ﹤0.01% |
19,415
-399
| -2% | -$28.5K |
|
1427
ING
ING
$94.1B
| $1.39M | ﹤0.01% |
106,853
-11,530
| -10% | -$162K |
|
1428
Atmos Energy
ATO
$29.8B
| $1.39M | ﹤0.01% |
14,753
-268
| -2% | -$24.7K |
|
1429
Trinity Industries
TRN
$3B
| $1.39M | ﹤0.01% |
52,511
+474
| +0.9% | +$12.4K |
|
1430
Gabelli Dividend & Income Trust
GDV
$2.6B
| $1.38M | ﹤0.01% |
57,915
-262
| -0.5% | -$6.22K |
|
1431
Invesco Variable Rate Investment Grade ETF
VRIG
$1.8B
| $1.38M | ﹤0.01% |
55,115
+8,350
| +18% | +$210K |
|
1432
RingCentral
RNG
$4.92B
| $1.38M | ﹤0.01% |
14,844
+6,728
| +83% | +$581K |
|
1433
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$103M
| $1.38M | ﹤0.01% |
59,792
-6,292
| -10% | -$146K |
|
1434
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.3B
| $1.38M | ﹤0.01% |
38,129
+3,606
| +10% | +$130K |
|
1435
PUT
Apple
AAPL
$5.05T
| $1.38M | ﹤0.01% |
24,400
+8,000
| +49% | +$417K |
|
1436
Bio-Rad Laboratories Class A
BIO
$8.76B
| $1.38M | ﹤0.01% |
4,394
+519
| +13% | +$161K |
|
1437
Darden Restaurants
DRI
$24.3B
| $1.38M | ﹤0.01% |
12,369
+691
| +6% | +$77.8K |
|
1438
iShares MSCI Austria ETF
EWO
$174M
| $1.37M | ﹤0.01% |
59,954
-12,976
| -18% | -$298K |
|
1439
Suburban Propane Partners
SPH
$1.22B
| $1.37M | ﹤0.01% |
58,327
+469
| +0.8% | +$11K |
|
1440
Dropbox
DBX
$7.82B
| $1.37M | ﹤0.01% |
51,046
+17,907
| +54% | +$517K |
|
1441
WisdomTree Japan SmallCap Dividend Fund
DFJ
$376M
| $1.37M | ﹤0.01% |
17,713
-4,929
| -22% | -$373K |
|
|
TYG
1442
Tortoise Energy Infrastructure Corp
TYG
$1.09B
| $1.37M | ﹤0.01% |
12,707
+584
| +5% | +$65.4K |
|
1443
EPR Properties
EPR
$4.88B
| $1.36M | ﹤0.01% |
19,947
-2,064
| -9% | -$140K |
|
1444
UGI
UGI
$7.84B
| $1.36M | ﹤0.01% |
24,598
-1,090
| -4% | -$58.7K |
|
1445
iShares Global Financials ETF
IXG
$674M
| $1.36M | ﹤0.01% |
20,677
+8,596
| +71% | +$569K |
|
1446
Virtus Biotech Clinical Trials ETF
BBC
$46.3M
| $1.36M | ﹤0.01% |
39,382
-2,200
| -5% | -$74.2K |
|
1447
ScottsMiracle-Gro
SMG
$4.15B
| $1.36M | ﹤0.01% |
17,290
-6,860
| -28% | -$539K |
|
|
VRNT
1448
DELISTED
Verint Systems
VRNT
| $1.36M | ﹤0.01% |
53,297
+37,198
| +231% | +$904K |
|
|
1449
iShares MSCI Singapore ETF
EWS
$1.05B
| $1.36M | ﹤0.01% |
55,916
-1,352,191
| -96% | -$32.2M |
|
1450
HCA Healthcare
HCA
$91.4B
| $1.36M | ﹤0.01% |
9,753
+1,661
| +21% | +$207K |
|
Similar funds
LPL Financial's Q3 2018 Portfolio in Review
As of Q3 2018, LPL Financial held 3,397 positions worth $41.7B, up 9.5% from $38.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.97B of net new capital in Q3 2018, opening 192 new positions and adding to 1,682 existing holdings. Its largest new stake was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
By sector, the portfolio is most concentrated in Technology at 3.4% 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 Dow Jones Industrial Average ETF Trust, an estimated $36.6M trimmed.
- LPL Financial's largest Q3 2018 buy was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2018, an estimated $109M increase.
- LPL Financial's biggest Q3 2018 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $36.6M.
- LPL Financial fully exited iShares iBonds Sep 2018 Term Muni Bond ETF in Q3 2018, selling an estimated $2.44M.
- LPL Financial's ten largest holdings make up 24% of its $41.7B portfolio in Q3 2018.
- LPL Financial opened 192 new positions and closed 170 in Q3 2018.
- LPL Financial's portfolio value rose 9.5% quarter-over-quarter to $41.7B.
Based on LPL Financial's 13F filing for Q3 2018, filed 14 Nov 2018.