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 Morningstar 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 | |
|---|---|---|---|---|---|---|
1876
ICF International
ICFI
$1.5B
| $622K | ﹤0.01% |
9,606
+3,390
| +55% | +$237K |
|
1877
Nuveen ESG Small-Cap ETF
NUSC
$1.27B
| $620K | ﹤0.01% |
25,048
-1,534
| -6% | -$43.3K |
|
|
WSR
1878
DELISTED
Whitestone REIT
WSR
| $620K | ﹤0.01% |
50,570
+378
| +0.8% | +$5.13K |
|
|
AINC
1879
DELISTED
Ashford Inc.
AINC
| $620K | ﹤0.01% |
11,950
+225
| +2% | +$14.2K |
|
|
EOT
1880
Eaton Vance National Municipal Opportunities Trust
EOT
$270M
| $618K | ﹤0.01% |
33,251
-2,833
| -8% | -$56.5K |
|
|
MIN
1881
Aberdeen Intermediate Income Fund
MIN
$275M
| $617K | ﹤0.01% |
168,090
-42,073
| -20% | -$155K |
|
1882
Southwest Gas
SWX
$6.64B
| $616K | ﹤0.01% |
8,053
+660
| +9% | +$53K |
|
|
SLCA
1883
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $615K | ﹤0.01% |
60,396
+7,855
| +15% | +$115K |
|
|
PEGI
1884
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $615K | ﹤0.01% |
33,021
+16,037
| +94% | +$312K |
|
1885
Alarm.com
ALRM
$2.75B
| $614K | ﹤0.01% |
11,841
+717
| +6% | +$34.7K |
|
1886
LGI Homes
LGIH
$1.35B
| $614K | ﹤0.01% |
13,576
+346
| +3% | +$14.6K |
|
1887
Invesco Municipal Opportunity Trust
VMO
$651M
| $614K | ﹤0.01% |
54,932
+13,169
| +32% | +$146K |
|
1888
First Trust Dividend Strength ETF
FTDS
$39M
| $613K | ﹤0.01% |
20,869
+1,277
| +7% | +$41.4K |
|
1889
iShares MSCI Turkey ETF
TUR
$201M
| $612K | ﹤0.01% |
24,913
-4,664
| -16% | -$114K |
|
|
PFL
1890
PIMCO Income Strategy Fund
PFL
$382M
| $611K | ﹤0.01% |
56,213
-55,250
| -50% | -$609K |
|
1891
Generac Holdings
GNRC
$11.5B
| $609K | ﹤0.01% |
12,260
+4,027
| +49% | +$216K |
|
1892
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$226M
| $608K | ﹤0.01% |
39,090
-7,600
| -16% | -$124K |
|
|
VGR
1893
DELISTED
Vector Group Ltd.
VGR
| $607K | ﹤0.01% |
92,397
-29
| -0% | -$245 |
|
1894
iShares MSCI China ETF
MCHI
$6.23B
| $606K | ﹤0.01% |
11,513
-8,405
| -42% | -$462K |
|
1895
Sun Communities
SUI
$15.8B
| $606K | ﹤0.01% |
5,959
-111
| -2% | -$11.3K |
|
1896
UBS Group
UBS
$170B
| $605K | ﹤0.01% |
48,829
-5,011
| -9% | -$68K |
|
|
MLNX
1897
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $605K | ﹤0.01% |
6,551
-153
| -2% | -$13K |
|
1898
Invesco MSCI Global Timber ETF
CUT
$32.8M
| $604K | ﹤0.01% |
25,084
+990
| +4% | +$27.2K |
|
1899
EQT Corp
EQT
$32.9B
| $604K | ﹤0.01% |
31,949
-18,715
| -37% | -$380K |
|
1900
Parker-Hannifin
PH
$120B
| $604K | ﹤0.01% |
4,053
-1,822
| -31% | -$295K |
|
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.