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 US Aggregate Bond ETF
AGG
|
+$127M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$86.5M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$66.9M |
| 4 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$58.9M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$57.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$67M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$44.8M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$38.8M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$36.2M |
| 5 |
iShares MSCI Germany ETF
EWG
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.44% |
| 4 | Industrials | 2.02% |
| 5 | Communication Services | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Fidelity Momentum Factor ETF
FDMO
$892M
| $1.05M | ﹤0.01% |
35,292
+21,815
| +162% | +$699K |
|
1502
Martin Marietta Materials
MLM
$34.2B
| $1.05M | ﹤0.01% |
6,083
+1,670
| +38% | +$297K |
|
|
HES
1503
DELISTED
Hess
HES
| $1.04M | ﹤0.01% |
25,755
-12,291
| -32% | -$701K |
|
1504
NetApp
NTAP
$33.9B
| $1.04M | ﹤0.01% |
17,474
-6,022
| -26% | -$433K |
|
1505
Roper Technologies
ROP
$40.4B
| $1.04M | ﹤0.01% |
3,915
-1,058
| -21% | -$299K |
|
1506
Encompass Health
EHC
$11.3B
| $1.04M | ﹤0.01% |
21,224
-13,781
| -39% | -$784K |
|
1507
Community Bank
CBU
$3.39B
| $1.04M | ﹤0.01% |
17,863
+8
| +0% | +$483 |
|
1508
Textron
TXT
$14.9B
| $1.04M | ﹤0.01% |
22,639
-5,379
| -19% | -$302K |
|
|
TSS
1509
DELISTED
Total System Services, Inc.
TSS
| $1.04M | ﹤0.01% |
12,787
-5,308
| -29% | -$470K |
|
1510
GATX Corp
GATX
$6.45B
| $1.04M | ﹤0.01% |
14,645
+749
| +5% | +$59.1K |
|
1511
MGE Energy Inc
MGEE
$3.03B
| $1.04M | ﹤0.01% |
17,290
-91
| -0.5% | -$5.8K |
|
1512
Conagra Brands
CAG
$7.42B
| $1.04M | ﹤0.01% |
48,493
-13,046
| -21% | -$422K |
|
1513
iShares New York Muni Bond ETF
NYF
$1.38B
| $1.03M | ﹤0.01% |
18,877
-2,731
| -13% | -$148K |
|
|
MNDT
1514
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $1.03M | ﹤0.01% |
63,790
+21,331
| +50% | +$383K |
|
|
HPF
1515
John Hancock Preferred Income Fund II
HPF
$340M
| $1.03M | ﹤0.01% |
55,079
-1,549
| -3% | -$31.1K |
|
|
RWW
1516
DELISTED
Invesco S&P Financials Revenue ETF
RWW
| $1.03M | ﹤0.01% |
17,887
-1,230
| -6% | -$77.6K |
|
1517
Targa Resources
TRGP
$56.8B
| $1.03M | ﹤0.01% |
28,620
-165
| -0.6% | -$7.98K |
|
1518
Gentex
GNTX
$5.1B
| $1.03M | ﹤0.01% |
50,944
+18,935
| +59% | +$397K |
|
1519
State Street Ultra Short Term Bond ETF
ULST
$527M
| $1.03M | ﹤0.01% |
25,553
+7,988
| +45% | +$321K |
|
1520
HealthEquity
HQY
$8.71B
| $1.02M | ﹤0.01% |
17,177
+409
| +2% | +$33K |
|
1521
Steris
STE
$22.9B
| $1.02M | ﹤0.01% |
9,589
+637
| +7% | +$71.1K |
|
1522
Goldman Sachs ActiveBeta Europe Equity ETF
GSEU
$122M
| $1.02M | ﹤0.01% |
38,830
-4,128
| -10% | -$116K |
|
1523
Cameco
CCJ
$36.8B
| $1.02M | ﹤0.01% |
90,060
-11,067
| -11% | -$128K |
|
1524
Campbell Soup
CPB
$6.85B
| $1.02M | ﹤0.01% |
30,970
-3,925
| -11% | -$148K |
|
|
ESXB
1525
DELISTED
Community Bankers Trust Corporation
ESXB
| $1.02M | ﹤0.01% |
141,081
+473
| +0.3% | +$3.94K |
|
Similar funds
LPL Financial's Q4 2018 Portfolio in Review
As of Q4 2018, LPL Financial held 3,382 positions worth $37.6B, down 9.9% from $41.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial's Q4 2018 filing shows 155 new, 1,459 increased, 1,397 reduced and 312 closed positions. Its largest new stake was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M. The largest sale was iShares Core S&P Small-Cap ETF, an estimated $67M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.4% a quarter earlier, followed by Financials and Healthcare.
- LPL Financial's largest Q4 2018 buy was Global X Adaptive US Factor ETF: 452,590 shares worth $9.97M.
- LPL Financial added most to iShares Core US Aggregate Bond ETF in Q4 2018, an estimated $127M increase.
- LPL Financial's biggest Q4 2018 reduction was iShares Core S&P Small-Cap ETF, cutting an estimated $67M.
- LPL Financial fully exited Corporate Capital Trust, Inc. in Q4 2018, selling an estimated $30.3M.
- LPL Financial's ten largest holdings make up 24% of its $37.6B portfolio in Q4 2018.
- LPL Financial opened 155 new positions and closed 312 in Q4 2018.
- LPL Financial's portfolio value fell 9.9% quarter-over-quarter to $37.6B.
Based on LPL Financial's 13F filing for Q4 2018, filed 7 Feb 2019.