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 | |
|---|---|---|---|---|---|---|
1576
ProShares Short Russell2000
RWM
$133M
| $1.08M | ﹤0.01% |
27,707
+5,825
| +27% | +$233K |
|
1577
Community Bank
CBU
$3.42B
| $1.08M | ﹤0.01% |
18,284
+71
| +0.4% | +$4.14K |
|
1578
Affiliated Managers Group
AMG
$9.62B
| $1.08M | ﹤0.01% |
7,255
+664
| +10% | +$109K |
|
1579
Weibo
WB
$1.98B
| $1.07M | ﹤0.01% |
12,111
+2,385
| +25% | +$259K |
|
|
HDS
1580
DELISTED
HD Supply Holdings, Inc.
HDS
| $1.07M | ﹤0.01% |
25,070
-35
| -0.1% | -$1.42K |
|
1581
Dropbox
DBX
$7.74B
| $1.07M | ﹤0.01% |
33,139
+4,775
| +17% | +$149K |
|
1582
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $1.07M | ﹤0.01% |
42,306
-397,390
| -90% | -$10M |
|
|
ETW
1583
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.01B
| $1.07M | ﹤0.01% |
90,543
+13,200
| +17% | +$155K |
|
|
TSS
1584
DELISTED
Total System Services, Inc.
TSS
| $1.06M | ﹤0.01% |
12,588
-1,634
| -11% | -$141K |
|
|
ATAXZ
1585
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $1.06M | ﹤0.01% |
167,577
+82,537
| +97% | +$524K |
|
1586
Invesco DB Base Metals Fund
DBB
$306M
| $1.06M | ﹤0.01% |
60,114
-3,621
| -6% | -$67.8K |
|
|
BMS
1587
DELISTED
Bemis
BMS
| $1.06M | ﹤0.01% |
25,053
+3,682
| +17% | +$159K |
|
1588
iShares Global REIT ETF
REET
$5.15B
| $1.06M | ﹤0.01% |
41,163
+10,098
| +33% | +$253K |
|
1589
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $1.05M | ﹤0.01% |
100,868
+17,313
| +21% | +$183K |
|
1590
PG&E
PCG
$39.2B
| $1.05M | ﹤0.01% |
24,796
-5,166
| -17% | -$224K |
|
1591
Steris
STE
$22.8B
| $1.05M | ﹤0.01% |
10,027
+10
| +0.1% | +$1.01K |
|
1592
Banco Bilbao Vizcaya Argentaria
BBVA
$143B
| $1.05M | ﹤0.01% |
150,265
-9,263
| -6% | -$70K |
|
1593
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
$149M
| $1.05M | ﹤0.01% |
40,143
-300
| -0.7% | -$7.97K |
|
1594
Dover
DOV
$26.7B
| $1.04M | ﹤0.01% |
14,199
+306
| +2% | +$23.4K |
|
1595
Compass Diversified
CODI
$759M
| $1.04M | ﹤0.01% |
59,983
-7,047
| -11% | -$116K |
|
1596
Reliance Steel & Aluminium
RS
$20.7B
| $1.04M | ﹤0.01% |
11,858
+1,008
| +9% | +$91.7K |
|
1597
Allison Transmission
ALSN
$9.54B
| $1.04M | ﹤0.01% |
25,618
+15,274
| +148% | +$629K |
|
1598
Invesco Total Return Bond ETF
GTO
$2.42B
| $1.03M | ﹤0.01% |
19,855
-1,153
| -5% | -$59.8K |
|
1599
Workday
WDAY
$41.7B
| $1.03M | ﹤0.01% |
8,504
+118
| +1% | +$15.1K |
|
1600
Columbia Emerging Markets Consumer ETF
ECON
$314M
| $1.03M | ﹤0.01% |
42,237
-8,472
| -17% | -$217K |
|
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.