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 | |
|---|---|---|---|---|---|---|
1526
Quest Diagnostics
DGX
$26B
| $1.24M | ﹤0.01% |
11,450
+1,454
| +15% | +$159K |
|
|
CA
1527
DELISTED
CA, Inc.
CA
| $1.23M | ﹤0.01% |
27,885
-9,846
| -26% | -$424K |
|
|
ARI
1528
Apollo Commercial Real Estate
ARI
$864M
| $1.22M | ﹤0.01% |
64,661
+22,218
| +52% | +$424K |
|
1529
EQT Corp
EQT
$32.9B
| $1.22M | ﹤0.01% |
50,664
+584
| +1% | +$16.1K |
|
1530
Lear
LEA
$7.39B
| $1.22M | ﹤0.01% |
8,401
-5,307
| -39% | -$909K |
|
1531
Invesco Next Gen Media and Gaming ETF
GGME
$44.7M
| $1.21M | ﹤0.01% |
36,804
-8,762
| -19% | -$284K |
|
1532
Workday
WDAY
$41.5B
| $1.21M | ﹤0.01% |
8,309
-195
| -2% | -$27.1K |
|
1533
BlackRock MuniHoldings California Quality Fund
MUC
$1B
| $1.21M | ﹤0.01% |
96,166
+284
| +0.3% | +$3.7K |
|
|
CMDT
1534
DELISTED
iShares Commodity Optimized Trust
CMDT
| $1.21M | ﹤0.01% |
33,547
+933
| +3% | +$33.1K |
|
1535
Broadridge
BR
$18.4B
| $1.21M | ﹤0.01% |
9,133
-2,990
| -25% | -$380K |
|
1536
GATX Corp
GATX
$6.45B
| $1.2M | ﹤0.01% |
13,896
+300
| +2% | +$24.9K |
|
1537
iShares MSCI Indonesia ETF
EIDO
$466M
| $1.2M | ﹤0.01% |
52,329
-11,908
| -19% | -$277K |
|
|
HPF
1538
John Hancock Preferred Income Fund II
HPF
$340M
| $1.2M | ﹤0.01% |
56,628
-1,435
| -2% | -$30.7K |
|
1539
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$182M
| $1.2M | ﹤0.01% |
17,485
+3,097
| +22% | +$209K |
|
1540
Hercules Capital
HTGC
$2.99B
| $1.2M | ﹤0.01% |
90,852
+75,413
| +488% | +$1.01M |
|
|
JWN
1541
DELISTED
Nordstrom
JWN
| $1.2M | ﹤0.01% |
19,978
-6,858
| -26% | -$393K |
|
1542
Fidelity MSCI Utilities Index ETF
FUTY
$2.34B
| $1.19M | ﹤0.01% |
34,252
+9,560
| +39% | +$335K |
|
1543
Harley-Davidson
HOG
$2.61B
| $1.19M | ﹤0.01% |
26,332
+134
| +0.5% | +$5.82K |
|
1544
iShares MSCI China ETF
MCHI
$6.23B
| $1.19M | ﹤0.01% |
19,918
-7,721
| -28% | -$475K |
|
|
CNCR
1545
DELISTED
ETF Series Solutions Trust Range Cancer Therapeutics ETF
CNCR
| $1.19M | ﹤0.01% |
47,796
+2,310
| +5% | +$56.8K |
|
1546
Barron's 400 ETF
BFOR
$229M
| $1.19M | ﹤0.01% |
105,508
+17,500
| +20% | +$197K |
|
1547
Warner Bros
WBD
$64.3B
| $1.19M | ﹤0.01% |
37,048
+105
| +0.3% | +$2.96K |
|
1548
Allison Transmission
ALSN
$9.51B
| $1.18M | ﹤0.01% |
22,727
-2,891
| -11% | -$136K |
|
1549
Invesco Dorsey Wright Technology Momentum ETF
PTF
$513M
| $1.18M | ﹤0.01% |
53,604
+5,880
| +12% | +$126K |
|
|
LOGM
1550
DELISTED
LogMein, Inc.
LOGM
| $1.18M | ﹤0.01% |
13,248
+9,641
| +267% | +$872K |
|
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.