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 | |
|---|---|---|---|---|---|---|
|
CSR
1651
Centerspace
CSR
$952M
| $1.04M | ﹤0.01% |
17,479
-3,710
| -18% | -$204K |
|
1652
McCormick & Company Voting
MKC.V
$13.9B
| $1.04M | ﹤0.01% |
15,928
| – | – |
|
1653
PTC
PTC
$15.3B
| $1.04M | ﹤0.01% |
9,825
+3,518
| +56% | +$344K |
|
1654
Reliance Steel & Aluminium
RS
$20.6B
| $1.04M | ﹤0.01% |
12,234
+376
| +3% | +$33.3K |
|
|
AAN.A
1655
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $1.04M | ﹤0.01% |
19,156
+1,511
| +9% | +$82.3K |
|
1656
Itaú Unibanco
ITUB
$89.8B
| $1.04M | ﹤0.01% |
195,533
-606
| -0.3% | -$3.26K |
|
|
CCD
1657
Calamos Dynamic Convertible & Income Fund
CCD
$678M
| $1.03M | ﹤0.01% |
47,509
+4,337
| +10% | +$95.8K |
|
|
CYBR
1658
DELISTED
CyberArk
CYBR
| $1.03M | ﹤0.01% |
12,895
+5,833
| +83% | +$410K |
|
|
SPR
1659
DELISTED
Spirit AeroSystems
SPR
| $1.03M | ﹤0.01% |
11,231
-2,013
| -15% | -$177K |
|
1660
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$569M
| $1.03M | ﹤0.01% |
52,158
+3,859
| +8% | +$77.7K |
|
1661
Invesco Senior Income Trust
VVR
$456M
| $1.02M | ﹤0.01% |
238,268
+6,590
| +3% | +$28.4K |
|
|
MOMO
1662
Hello Group
MOMO
$867M
| $1.02M | ﹤0.01% |
23,387
-28,105
| -55% | -$1.23M |
|
1663
Steris
STE
$22.9B
| $1.02M | ﹤0.01% |
8,952
-1,075
| -11% | -$122K |
|
1664
Merit Medical Systems
MMSI
$4.82B
| $1.02M | ﹤0.01% |
+16,605
| New | +$954K |
|
|
MASI
1665
DELISTED
Masimo
MASI
| $1.01M | ﹤0.01% |
8,131
+4,450
| +121% | +$494K |
|
1666
Nuveen Quality Municipal Income Fund
NAD
$2.73B
| $1.01M | ﹤0.01% |
79,109
+5,072
| +7% | +$66.7K |
|
|
WRK
1667
DELISTED
WestRock Company
WRK
| $1.01M | ﹤0.01% |
18,928
+4,187
| +28% | +$235K |
|
1668
Sprott Physical Gold
PHYS
$14.6B
| $1.01M | ﹤0.01% |
105,824
-16,807
| -14% | -$164K |
|
1669
Cohen & Steers Closed End Opportunity Fund
FOF
$369M
| $1.01M | ﹤0.01% |
78,015
+20,718
| +36% | +$272K |
|
|
ABLG
1670
Abacus FCF International Leaders ETF
ABLG
$15.7M
| $1.01M | ﹤0.01% |
38,000
+4,200
| +12% | +$113K |
|
|
TWOU
1671
DELISTED
2U Inc
TWOU
| $1.01M | ﹤0.01% |
447
-43
| -9% | -$106K |
|
|
BSCN
1672
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $1M | ﹤0.01% |
49,703
+9,433
| +23% | +$191K |
|
1673
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $1M | ﹤0.01% |
20,055
+11,394
| +132% | +$569K |
|
|
DCH
1674
Dauch Corp
DCH
$1.31B
| $998K | ﹤0.01% |
57,211
+37,072
| +184% | +$637K |
|
1675
Adams Diversified Equity Fund
ADX
$3.01B
| $997K | ﹤0.01% |
+59,783
| New | +$967K |
|
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.