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 | |
|---|---|---|---|---|---|---|
1476
Darden Restaurants
DRI
$23.7B
| $1.25M | ﹤0.01% |
11,678
-3,338
| -22% | -$306K |
|
1477
Boston Beer
SAM
$1.93B
| $1.25M | ﹤0.01% |
4,171
+95
| +2% | +$23.1K |
|
1478
Sprott Physical Gold
PHYS
$14.5B
| $1.25M | ﹤0.01% |
122,631
-13,782
| -10% | -$146K |
|
1479
Service Corp International
SCI
$11.7B
| $1.25M | ﹤0.01% |
34,880
-2,381
| -6% | -$88.2K |
|
1480
Bank OZK
OZK
$5.62B
| $1.25M | ﹤0.01% |
27,684
+171
| +0.6% | +$8.15K |
|
1481
Moody's
MCO
$83.9B
| $1.24M | ﹤0.01% |
7,288
+1,135
| +18% | +$192K |
|
1482
HDFC Bank
HDB
$121B
| $1.24M | ﹤0.01% |
47,184
+28,132
| +148% | +$703K |
|
1483
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $1.24M | ﹤0.01% |
27,447
-35
| -0.1% | -$1.57K |
|
|
HPF
1484
John Hancock Preferred Income Fund II
HPF
$342M
| $1.24M | ﹤0.01% |
58,063
-13,153
| -18% | -$268K |
|
1485
ALPS Medical Breakthroughs ETF
SBIO
$202M
| $1.24M | ﹤0.01% |
33,222
+1,338
| +4% | +$48.5K |
|
1486
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$1.97B
| $1.24M | ﹤0.01% |
42,043
+2,002
| +5% | +$62.5K |
|
1487
The Mosaic Company
MOS
$7.34B
| $1.23M | ﹤0.01% |
43,920
+2,616
| +6% | +$71K |
|
1488
Credicorp
BAP
$30.9B
| $1.23M | ﹤0.01% |
5,468
+2,660
| +95% | +$605K |
|
|
TWOU
1489
DELISTED
2U Inc
TWOU
| $1.23M | ﹤0.01% |
490
+14
| +3% | +$37.2K |
|
1490
Fidelity MSCI Information Technology Index ETF
FTEC
$19.4B
| $1.23M | ﹤0.01% |
22,191
+1,855
| +9% | +$101K |
|
1491
Hartford Financial Services
HIG
$39.3B
| $1.23M | ﹤0.01% |
23,949
-8,801
| -27% | -$461K |
|
|
NS
1492
DELISTED
NuStar Energy L.P.
NS
| $1.22M | ﹤0.01% |
53,910
+3,511
| +7% | +$79.3K |
|
|
SCG
1493
DELISTED
Scana
SCG
| $1.22M | ﹤0.01% |
31,664
+10,675
| +51% | +$389K |
|
|
FIF
1494
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $1.22M | ﹤0.01% |
73,982
+2,630
| +4% | +$41.7K |
|
1495
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$39.2M
| $1.22M | ﹤0.01% |
+45,546
| New | +$1.12M |
|
|
BAND
1496
Bandwidth Inc
BAND
$1.67B
| $1.21M | ﹤0.01% |
31,938
-116
| -0.4% | -$4.1K |
|
1497
Amplify AI Powered Equity ETF
AIEQ
$120M
| $1.21M | ﹤0.01% |
43,238
+9,422
| +28% | +$257K |
|
1498
Royal Caribbean
RCL
$86.5B
| $1.21M | ﹤0.01% |
11,687
+2,031
| +21% | +$223K |
|
1499
B&G Foods
BGS
$297M
| $1.21M | ﹤0.01% |
40,402
-3,803
| -9% | -$102K |
|
1500
Champion Homes
SKY
$4.58B
| $1.21M | ﹤0.01% |
+34,450
| New | +$991K |
|
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.