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 | |
|---|---|---|---|---|---|---|
1876
Keysight
KEYS
$50.7B
| $776K | ﹤0.01% |
11,705
-39
| -0.3% | -$2.42K |
|
1877
O-I Glass
OI
$1.18B
| $775K | ﹤0.01% |
41,256
-3,669
| -8% | -$66K |
|
|
IDTI
1878
DELISTED
Integrated Device Technology I
IDTI
| $774K | ﹤0.01% |
16,475
+58
| +0.4% | +$2.24K |
|
1879
Invesco Next Gen Connectivity ETF
KNCT
$146M
| $773K | ﹤0.01% |
13,320
-782
| -6% | -$43.9K |
|
1880
Manulife Financial
MFC
$73B
| $773K | ﹤0.01% |
43,235
-5,465
| -11% | -$99.3K |
|
1881
Waters Corp
WAT
$37.3B
| $772K | ﹤0.01% |
3,963
-206
| -5% | -$39.9K |
|
|
CADE
1882
DELISTED
Cadence Bancorporation
CADE
| $771K | ﹤0.01% |
29,521
+7,736
| +36% | +$217K |
|
1883
Invesco MSCI Global Timber ETF
CUT
$32.8M
| $770K | ﹤0.01% |
24,094
+10,549
| +78% | +$343K |
|
1884
Pentair
PNR
$10.6B
| $770K | ﹤0.01% |
17,753
-751
| -4% | -$32.6K |
|
|
AVK
1885
Advent Convertible and Income Fund
AVK
$528M
| $768K | ﹤0.01% |
50,327
+18,716
| +59% | +$284K |
|
|
CIL
1886
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $766K | ﹤0.01% |
19,342
+1,973
| +11% | +$78.1K |
|
1887
Columbia Diversified Fixed Income Allocation ETF
DIAL
$386M
| $765K | ﹤0.01% |
40,038
-3,406
| -8% | -$65.2K |
|
1888
Fortune Brands Innovations
FBIN
$5.86B
| $765K | ﹤0.01% |
17,089
+2,547
| +18% | +$120K |
|
1889
Metallus
MTUS
$833M
| $761K | ﹤0.01% |
51,169
+5,933
| +13% | +$89K |
|
1890
Orion
OEC
$403M
| $760K | ﹤0.01% |
23,683
+755
| +3% | +$25K |
|
1891
Glacier Bancorp
GBCI
$6.36B
| $759K | ﹤0.01% |
17,608
+3,477
| +25% | +$151K |
|
|
SRC
1892
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $758K | ﹤0.01% |
18,814
+5,126
| +37% | +$212K |
|
1893
Howmet Aerospace
HWM
$109B
| $757K | ﹤0.01% |
44,835
-30
| -0.1% | -$478 |
|
1894
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$187M
| $756K | ﹤0.01% |
34,785
-20,710
| -37% | -$453K |
|
|
SCG
1895
DELISTED
Scana
SCG
| $755K | ﹤0.01% |
19,415
-12,249
| -39% | -$470K |
|
1896
Lindblad Expeditions
LIND
$1.95B
| $754K | ﹤0.01% |
50,700
-2,183
| -4% | -$30.9K |
|
1897
Brixmor Property Group
BRX
$9.72B
| $751K | ﹤0.01% |
42,884
-958
| -2% | -$16.9K |
|
1898
Invesco CurrencyShares Swiss Franc Trust
FXF
$411M
| $751K | ﹤0.01% |
7,880
-222
| -3% | -$21.1K |
|
|
XLNX
1899
DELISTED
Xilinx Inc
XLNX
| $751K | ﹤0.01% |
9,372
+486
| +5% | +$35.6K |
|
1900
Pacer WealthShield ETF
PWS
$23.9M
| $749K | ﹤0.01% |
27,965
+2,072
| +8% | +$54.8K |
|
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.