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 | |
|---|---|---|---|---|---|---|
|
DIAX
1626
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $998K | ﹤0.01% |
53,995
+9,543
| +21% | +$180K |
|
1627
abrdn Physical Silver Shares ETF
SIVR
$3.98B
| $998K | ﹤0.01% |
63,712
-4,508
| -7% | -$72.6K |
|
1628
Invesco Russell 1000 Equal Weight ETF
EQAL
$816M
| $996K | ﹤0.01% |
31,321
+5,659
| +22% | +$177K |
|
1629
Pultegroup
PHM
$25.2B
| $996K | ﹤0.01% |
34,653
-1,476
| -4% | -$44.4K |
|
1630
WEX
WEX
$6.42B
| $996K | ﹤0.01% |
5,229
+1,651
| +46% | +$288K |
|
|
NCV
1631
Virtus Convertible & Income Fund
NCV
$372M
| $992K | ﹤0.01% |
35,485
+2,468
| +7% | +$67.8K |
|
1632
Invesco Senior Income Trust
VVR
$456M
| $992K | ﹤0.01% |
231,678
+22,748
| +11% | +$100K |
|
1633
American Homes 4 Rent
AMH
$12.1B
| $988K | ﹤0.01% |
44,531
+2,333
| +6% | +$47.7K |
|
1634
Itaú Unibanco
ITUB
$89.8B
| $988K | ﹤0.01% |
196,139
-843
| -0.4% | -$5.24K |
|
|
PMM
1635
Franklin Managed Municipal Income Trust
PMM
$270M
| $987K | ﹤0.01% |
139,385
+82,172
| +144% | +$580K |
|
1636
Verisk Analytics
VRSK
$27.9B
| $987K | ﹤0.01% |
9,173
-1,191
| -11% | -$127K |
|
1637
Nuveen Quality Municipal Income Fund
NAD
$2.73B
| $985K | ﹤0.01% |
74,037
-4,229
| -5% | -$55.6K |
|
1638
OGE Energy
OGE
$9.86B
| $983K | ﹤0.01% |
27,930
-50,884
| -65% | -$1.71M |
|
|
COHR
1639
DELISTED
Coherent Inc
COHR
| $983K | ﹤0.01% |
6,284
+14
| +0.2% | +$2.37K |
|
1640
New Oriental
EDU
$9.32B
| $980K | ﹤0.01% |
10,349
+570
| +6% | +$54.5K |
|
|
NFX
1641
DELISTED
Newfield Exploration
NFX
| $977K | ﹤0.01% |
32,293
-3,870
| -11% | -$109K |
|
1642
WPP
WPP
$4.67B
| $974K | ﹤0.01% |
12,391
-2,694
| -18% | -$223K |
|
|
NUAN
1643
DELISTED
Nuance Communications, Inc.
NUAN
| $974K | ﹤0.01% |
80,997
+8,658
| +12% | +$107K |
|
1644
PUT
Boeing
BA
$169B
| $973K | ﹤0.01% |
2,900
-2,100
| -42% | -$722K |
|
1645
Canadian Natural Resources
CNQ
$96.9B
| $964K | ﹤0.01% |
54,572
+1,752
| +3% | +$29.7K |
|
1646
Encompass Health
EHC
$11.3B
| $961K | ﹤0.01% |
17,833
+160
| +0.9% | +$8K |
|
1647
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$182M
| $961K | ﹤0.01% |
14,388
-3,514
| -20% | -$237K |
|
1648
Vail Resorts
MTN
$5.7B
| $961K | ﹤0.01% |
3,505
+338
| +11% | +$82.8K |
|
1649
CRH
CRH
$66.6B
| $960K | ﹤0.01% |
27,152
+234
| +0.9% | +$8.42K |
|
|
CVGW
1650
DELISTED
Calavo Growers
CVGW
| $960K | ﹤0.01% |
9,986
-7,243
| -42% | -$673K |
|
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.