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 500 ETF
IVV
|
+$166M |
| 2 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$133M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$126M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$120M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.1M |
| 2 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$42.7M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$38.3M |
| 4 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$36.5M |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.1% |
| 2 | Financials | 2.91% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.26% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Telkom Indonesia
TLK
$14.4B
| $627K | ﹤0.01% |
23,718
+340
| +1% | +$10.1K |
|
1952
Trex
TREX
$4.56B
| $627K | ﹤0.01% |
23,068
-544
| -2% | -$15K |
|
|
EAD
1953
Allspring Income Opportunities Fund
EAD
$372M
| $626K | ﹤0.01% |
+77,870
| New | +$640K |
|
1954
Invesco Next Gen Connectivity ETF
KNCT
$153M
| $625K | ﹤0.01% |
12,611
+2,414
| +24% | +$118K |
|
1955
Loews
L
$23.9B
| $625K | ﹤0.01% |
12,567
+6,594
| +110% | +$333K |
|
1956
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.4M
| $625K | ﹤0.01% |
+12,480
| New | +$630K |
|
|
KOL
1957
DELISTED
VanEck Vectors Coal ETF
KOL
| $625K | ﹤0.01% |
3,977
+233
| +6% | +$39.8K |
|
1958
Franklin Short Duration US Government ETF
FTSD
$300M
| $623K | ﹤0.01% |
6,541
+817
| +14% | +$78K |
|
1959
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.83B
| $623K | ﹤0.01% |
21,489
+2,735
| +15% | +$80.9K |
|
1960
Schwab Fundamental International Large Company Index ETF
FNDF
$25.1B
| $621K | ﹤0.01% |
20,708
+6,174
| +42% | +$190K |
|
1961
Ichor Holdings
ICHR
$2.61B
| $621K | ﹤0.01% |
25,632
+3,075
| +14% | +$83.8K |
|
1962
Amdocs
DOX
$5.87B
| $620K | ﹤0.01% |
9,296
-484
| -5% | -$32.6K |
|
1963
NMI Holdings
NMIH
$3.3B
| $620K | ﹤0.01% |
37,445
+5,212
| +16% | +$97.1K |
|
1964
Prudential
PUK
$38.5B
| $619K | ﹤0.01% |
12,490
-227
| -2% | -$11.5K |
|
|
TWO
1965
Two Harbors Investment
TWO
$1.27B
| $619K | ﹤0.01% |
10,064
-14,453
| -59% | -$888K |
|
|
SRC
1966
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $617K | ﹤0.01% |
17,742
+8,339
| +89% | +$297K |
|
|
DEMG
1967
DELISTED
Xtrackers FTSE Emerging Comprehensive Factor ETF
DEMG
| $617K | ﹤0.01% |
21,179
-262
| -1% | -$7.78K |
|
1968
Trade Desk
TTD
$8.59B
| $616K | ﹤0.01% |
124,100
+64,100
| +107% | +$328K |
|
1969
Woodward
WWD
$21.2B
| $616K | ﹤0.01% |
8,627
+1,473
| +21% | +$111K |
|
1970
Open Text
OTEX
$6.15B
| $615K | ﹤0.01% |
17,664
-1,784
| -9% | -$62.2K |
|
1971
VanEck Retail ETF
RTH
$250M
| $615K | ﹤0.01% |
6,603
-1,441
| -18% | -$139K |
|
1972
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$356M
| $614K | ﹤0.01% |
18,002
+8,720
| +94% | +$304K |
|
1973
Applied Optoelectronics
AAOI
$7.23B
| $612K | ﹤0.01% |
24,405
-969
| -4% | -$30.1K |
|
1974
Winnebago Industries
WGO
$863M
| $611K | ﹤0.01% |
16,250
+7,346
| +83% | +$338K |
|
1975
Huntsman Corp
HUN
$2.12B
| $610K | ﹤0.01% |
20,862
+8,018
| +62% | +$262K |
|
Similar funds
LPL Financial's Q1 2018 Portfolio in Review
As of Q1 2018, LPL Financial held 3,320 positions worth $36.3B, up 11% from $32.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $3.99B of net new capital in Q1 2018, opening 302 new positions and adding to 1,901 existing holdings. Its largest new stake was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $65.1M trimmed.
- LPL Financial's largest Q1 2018 buy was WBI BullBear Global High Income ETF: 1,817,591 shares worth $44.3M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q1 2018, an estimated $166M increase.
- LPL Financial's biggest Q1 2018 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $65.1M.
- LPL Financial fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $2.09M.
- LPL Financial's ten largest holdings make up 23% of its $36.3B portfolio in Q1 2018.
- LPL Financial opened 302 new positions and closed 144 in Q1 2018.
- LPL Financial's portfolio value rose 11% quarter-over-quarter to $36.3B.
Based on LPL Financial's 13F filing for Q1 2018, filed 15 May 2018.