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 | |
|---|---|---|---|---|---|---|
|
IRBT
1501
DELISTED
iRobot
IRBT
| $1.27M | ﹤0.01% |
11,539
-67
| -0.6% | -$6.3K |
|
|
RNDM
1502
DELISTED
First Trust Developed International Equity Select ETF
RNDM
| $1.27M | ﹤0.01% |
25,289
+5,099
| +25% | +$257K |
|
|
GPT
1503
DELISTED
Gramercy Property Trust
GPT
| $1.27M | ﹤0.01% |
46,193
+44
| +0.1% | +$1.2K |
|
1504
PBF Energy
PBF
$7.49B
| $1.27M | ﹤0.01% |
25,365
-24,856
| -49% | -$1.18M |
|
1505
Energizer
ENR
$1.47B
| $1.26M | ﹤0.01% |
21,478
-6,909
| -24% | -$435K |
|
1506
Global X Internet of Things ETF
SNSR
$211M
| $1.26M | ﹤0.01% |
62,029
+2,879
| +5% | +$58.3K |
|
1507
Box
BOX
$4.49B
| $1.26M | ﹤0.01% |
52,622
+9,197
| +21% | +$231K |
|
1508
B&G Foods
BGS
$303M
| $1.26M | ﹤0.01% |
45,785
+5,383
| +13% | +$167K |
|
1509
Packaging Corp of America
PKG
$22.2B
| $1.26M | ﹤0.01% |
11,450
-590
| -5% | -$66.5K |
|
|
VMM
1510
DELISTED
Delaware Investments Minnesota Municipal Income Fund II
VMM
| $1.26M | ﹤0.01% |
105,564
-21,706
| -17% | -$268K |
|
|
DSUM
1511
DELISTED
Invesco Chinese Yuan Dim Sum Bond ETF
DSUM
| $1.26M | ﹤0.01% |
57,946
-6,109
| -10% | -$135K |
|
1512
Invesco S&P 500 GARP ETF
SPGP
$2.25B
| $1.25M | ﹤0.01% |
22,989
-50,415
| -69% | -$2.67M |
|
|
GRUB
1513
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $1.25M | ﹤0.01% |
4,522
+1,961
| +77% | +$506K |
|
1514
Motorola Solutions
MSI
$72.1B
| $1.25M | ﹤0.01% |
9,618
-20,066
| -68% | -$2.48M |
|
1515
iShares Global REIT ETF
REET
$5.14B
| $1.25M | ﹤0.01% |
49,650
+8,487
| +21% | +$220K |
|
|
HTD
1516
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$912M
| $1.25M | ﹤0.01% |
53,646
+5,226
| +11% | +$122K |
|
1517
Axos Financial
AX
$5.58B
| $1.25M | ﹤0.01% |
36,331
-1,833
| -5% | -$70.4K |
|
1518
Lazard
LAZ
$4B
| $1.25M | ﹤0.01% |
25,953
-462
| -2% | -$23K |
|
1519
iShares MSCI Chile ETF
ECH
$1,000M
| $1.25M | ﹤0.01% |
27,513
+2,925
| +12% | +$133K |
|
1520
Thor Industries
THO
$4.06B
| $1.25M | ﹤0.01% |
14,897
-2,544
| -15% | -$243K |
|
|
FLG
1521
Flagstar Bank National Association
FLG
$5.87B
| $1.25M | ﹤0.01% |
40,093
+2,181
| +6% | +$71.5K |
|
1522
Equity Residential
EQR
$25.8B
| $1.24M | ﹤0.01% |
18,756
+228
| +1% | +$15.1K |
|
1523
Plains All American Pipeline
PAA
$17.6B
| $1.24M | ﹤0.01% |
49,560
-6,760
| -12% | -$170K |
|
|
P
1524
Everpure Inc
P
$23B
| $1.24M | ﹤0.01% |
47,791
-29,273
| -38% | -$727K |
|
|
ESXB
1525
DELISTED
Community Bankers Trust Corporation
ESXB
| $1.24M | ﹤0.01% |
140,608
+6,065
| +5% | +$55.9K |
|
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.