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 | |
|---|---|---|---|---|---|---|
|
ULTI
1901
DELISTED
Ultimate Software Group Inc
ULTI
| $602K | ﹤0.01% |
2,457
-393
| -14% | -$104K |
|
1902
Cirrus Logic
CRUS
$6.76B
| $600K | ﹤0.01% |
18,074
-4,463
| -20% | -$166K |
|
1903
Schwab Fundamental International Small Company Index ETF
FNDC
$2.99B
| $599K | ﹤0.01% |
21,132
+1,111
| +6% | +$34.5K |
|
1904
Towne Bank
TOWN
$3.54B
| $599K | ﹤0.01% |
25,000
+1,900
| +8% | +$52.2K |
|
1905
CBRE Group
CBRE
$43.3B
| $598K | ﹤0.01% |
14,928
-7,095
| -32% | -$293K |
|
|
DHY
1906
Credit Suisse High Yield Credit Fund
DHY
$240M
| $598K | ﹤0.01% |
275,669
-59,726
| -18% | -$141K |
|
1907
iShares Currency Hedged MSCI Emerging Markets
HEEM
$264M
| $597K | ﹤0.01% |
25,919
-3,320
| -11% | -$79.1K |
|
1908
Kinross Gold
KGC
$27.7B
| $596K | ﹤0.01% |
183,828
-4,600
| -2% | -$12.9K |
|
1909
PTC
PTC
$15.3B
| $596K | ﹤0.01% |
7,194
-2,631
| -27% | -$231K |
|
1910
Nokia
NOK
$46.9B
| $594K | ﹤0.01% |
102,086
+33,153
| +48% | +$186K |
|
1911
International Flavors & Fragrances
IFF
$20.3B
| $593K | ﹤0.01% |
4,415
-367
| -8% | -$50.8K |
|
1912
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.53B
| $591K | ﹤0.01% |
26,968
-9,202
| -25% | -$214K |
|
1913
Invesco CurrencyShares Japanese Yen Trust
FXY
$427M
| $590K | ﹤0.01% |
+6,775
| New | +$574K |
|
1914
Pembina Pipeline
PBA
$29.3B
| $590K | ﹤0.01% |
19,891
-596
| -3% | -$19.8K |
|
1915
Brown & Brown
BRO
$25.1B
| $589K | ﹤0.01% |
21,370
-2,173
| -9% | -$61.4K |
|
1916
ProShares Ultra Financials
UYG
$819M
| $589K | ﹤0.01% |
18,053
-325
| -2% | -$12.4K |
|
|
SRC
1917
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $589K | ﹤0.01% |
16,722
-2,092
| -11% | -$80.6K |
|
|
CDK
1918
DELISTED
CDK Global, Inc.
CDK
| $588K | ﹤0.01% |
12,279
-469
| -4% | -$24.7K |
|
1919
Gaming and Leisure Properties
GLPI
$13B
| $587K | ﹤0.01% |
18,159
+1,062
| +6% | +$35.9K |
|
1920
Middleby
MIDD
$6.01B
| $587K | ﹤0.01% |
5,716
+46
| +0.8% | +$5.24K |
|
|
PNNT
1921
Pennant Park Investment Corp
PNNT
$220M
| $587K | ﹤0.01% |
92,217
+4,711
| +5% | +$33.5K |
|
1922
Scotiabank
BNS
$105B
| $586K | ﹤0.01% |
11,743
-3,289
| -22% | -$177K |
|
1923
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.45B
| $585K | ﹤0.01% |
9,266
+32
| +0.3% | +$1.92K |
|
1924
Outfront Media
OUT
$5.75B
| $585K | ﹤0.01% |
32,774
+11,759
| +56% | +$223K |
|
1925
SS&C Technologies
SSNC
$18.9B
| $585K | ﹤0.01% |
12,962
+5,885
| +83% | +$286K |
|
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.