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 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 | |
|---|---|---|---|---|---|---|
176
Pacer Trendpilot US Large Cap ETF
PTLC
$3.24B
| $39.1M | 0.1% |
1,360,578
+109,420
| +9% | +$3.21M |
|
177
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.4B
| $38M | 0.1% |
557,832
-65,374
| -10% | -$4.71M |
|
178
iShares International Select Dividend ETF
IDV
$8.25B
| $37.8M | 0.1% |
1,318,050
-191,488
| -13% | -$5.87M |
|
179
First Trust Health Care AlphaDEX Fund
FXH
$1.02B
| $37.7M | 0.1% |
547,958
+115,514
| +27% | +$8.75M |
|
180
Vanguard Total World Stock ETF
VT
$76.3B
| $37.6M | 0.1% |
574,167
-10,405
| -2% | -$728K |
|
181
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.13B
| $37.5M | 0.1% |
1,343,936
+54,180
| +4% | +$1.63M |
|
182
Invesco Senior Loan ETF
BKLN
$6.97B
| $37.4M | 0.1% |
1,718,586
-249,487
| -13% | -$5.68M |
|
183
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.38B
| $37.4M | 0.1% |
809,057
+20,069
| +3% | +$1.02M |
|
184
Vanguard Extended Market ETF
VXF
$30.3B
| $37.2M | 0.1% |
372,353
+1,410
| +0.4% | +$155K |
|
185
iShares Gold Trust
IAU
$63B
| $37.1M | 0.1% |
1,508,331
+28,914
| +2% | +$681K |
|
186
BP
BP
$113B
| $36.8M | 0.1% |
1,000,201
+12,410
| +1% | +$495K |
|
187
Philip Morris
PM
$301B
| $36.6M | 0.1% |
547,879
-3,653
| -0.7% | -$305K |
|
188
Starbucks
SBUX
$118B
| $36M | 0.1% |
558,578
+17,644
| +3% | +$1.1M |
|
189
NVIDIA
NVDA
$5.01T
| $35.8M | 0.1% |
10,713,760
+2,336,800
| +28% | +$11.2M |
|
190
United Parcel Service
UPS
$97.6B
| $35.6M | 0.09% |
364,951
+38,701
| +12% | +$4.2M |
|
191
Invesco S&P 500 Revenue ETF
RWL
$9.51B
| $35.4M | 0.09% |
761,156
+48,438
| +7% | +$2.46M |
|
192
Vanguard Russell 1000 Growth ETF
VONG
$42.5B
| $35.4M | 0.09% |
1,052,676
+56,688
| +6% | +$2.05M |
|
193
Alerian MLP ETF
AMLP
$12.9B
| $35.1M | 0.09% |
803,368
-185,245
| -19% | -$9.09M |
|
194
Southern Company
SO
$110B
| $35M | 0.09% |
795,878
+9,686
| +1% | +$440K |
|
195
Invesco Preferred ETF
PGX
$3.84B
| $34.9M | 0.09% |
2,591,496
-1,273,842
| -33% | -$17.6M |
|
196
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $34.7M | 0.09% |
1,414,576
+79,581
| +6% | +$2.16M |
|
197
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.5B
| $34.3M | 0.09% |
896,088
-10,733
| -1% | -$444K |
|
198
Kimberly-Clark
KMB
$36.4B
| $33.8M | 0.09% |
297,069
-11,178
| -4% | -$1.24M |
|
199
ARK Innovation ETF
ARKK
$5.69B
| $33.8M | 0.09% |
907,979
+85,689
| +10% | +$3.62M |
|
200
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$104M
| $33.4M | 0.09% |
1,426,665
+4,669
| +0.3% | +$118K |
|
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.