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 | |
|---|---|---|---|---|---|---|
1526
Bruker
BRKR
$9.4B
| $1.02M | ﹤0.01% |
34,133
+6,972
| +26% | +$220K |
|
1527
Brookfield
BN
$102B
| $1.01M | ﹤0.01% |
74,149
+23,033
| +45% | +$344K |
|
1528
VanEck Low Carbon Energy ETF
SMOG
$125M
| $1.01M | ﹤0.01% |
18,594
-1,584
| -8% | -$88.9K |
|
|
IHIT
1529
DELISTED
Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share
IHIT
| $1.01M | ﹤0.01% |
102,234
+1,588
| +2% | +$15.9K |
|
1530
PUT
Apple
AAPL
$4.97T
| $1.01M | ﹤0.01% |
25,600
+1,200
| +5% | +$58.2K |
|
|
IPFF
1531
DELISTED
iShares International Preferred Stock ETF
IPFF
| $1.01M | ﹤0.01% |
66,634
-45,140
| -40% | -$737K |
|
|
GRMN
1532
Garmin
GRMN
$56.9B
| $1.01M | ﹤0.01% |
15,884
-490
| -3% | -$31.7K |
|
1533
Principal Active High Yield ETF
YLD
$569M
| $1.01M | ﹤0.01% |
53,034
+10,838
| +26% | +$214K |
|
|
BSJP
1534
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $1M | ﹤0.01% |
44,783
+32,062
| +252% | +$751K |
|
1535
InfraCap MLP ETF
AMZA
$466M
| $1M | ﹤0.01% |
19,998
-3,721
| -16% | -$237K |
|
|
POWR
1536
iShares U.S. Power Infrastructure ETF
POWR
$427M
| $1M | ﹤0.01% |
54,313
+18,361
| +51% | +$388K |
|
1537
Invesco Dorsey Wright Technology Momentum ETF
PTF
$513M
| $1M | ﹤0.01% |
57,171
+3,567
| +7% | +$66.4K |
|
1538
American Homes 4 Rent
AMH
$12.1B
| $1M | ﹤0.01% |
50,405
+21,820
| +76% | +$446K |
|
1539
HF Sinclair
DINO
$16.2B
| $1M | ﹤0.01% |
19,563
+1,269
| +7% | +$77.7K |
|
1540
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$54.8M
| $999K | ﹤0.01% |
39,905
-6,518
| -14% | -$172K |
|
1541
Transocean
RIG
$5.48B
| $999K | ﹤0.01% |
143,880
-28,673
| -17% | -$292K |
|
1542
XPO
XPO
$23.4B
| $999K | ﹤0.01% |
50,628
+11,522
| +29% | +$319K |
|
|
BSCO
1543
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $996K | ﹤0.01% |
49,872
+6,145
| +14% | +$122K |
|
1544
Invesco S&P SmallCap Momentum ETF
XSMO
$2.94B
| $994K | ﹤0.01% |
32,205
-67,381
| -68% | -$2.3M |
|
1545
T-Mobile US
TMUS
$195B
| $991K | ﹤0.01% |
15,581
+8,066
| +107% | +$541K |
|
1546
Philips
PHG
$25.5B
| $990K | ﹤0.01% |
36,324
+10,596
| +41% | +$313K |
|
1547
Invesco Next Gen Media and Gaming ETF
GGME
$44.7M
| $988K | ﹤0.01% |
34,775
-2,029
| -6% | -$61.9K |
|
1548
ING
ING
$92.9B
| $985K | ﹤0.01% |
92,383
-14,470
| -14% | -$174K |
|
1549
Domino's
DPZ
$11.9B
| $981K | ﹤0.01% |
3,957
-1,518
| -28% | -$400K |
|
1550
Hewlett Packard
HPE
$58.8B
| $981K | ﹤0.01% |
74,230
-11,803
| -14% | -$177K |
|
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.