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 TIPS Bond ETF
TIP
|
+$209M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$151M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$138M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$133M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$136M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$62.5M |
| 3 |
iShares US Basic Materials ETF
IYM
|
+$39.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$37.4M |
| 5 |
Vanguard Total Stock Market ETF
VTI
|
+$31.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 2.74% |
| 3 | Healthcare | 2.24% |
| 4 | Industrials | 2.19% |
| 5 | Communication Services | 2.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ISD
2101
PGIM High Yield Bond Fund
ISD
$414M
| $560K | ﹤0.01% |
+40,031
| New | +$564K |
|
2102
Texas Roadhouse
TXRH
$13.7B
| $559K | ﹤0.01% |
8,537
+598
| +8% | +$37.5K |
|
2103
Schwab Fundamental US Small Company Index ETF
FNDA
$9.18B
| $557K | ﹤0.01% |
27,888
-4,236
| -13% | -$82.7K |
|
|
PMX
2104
DELISTED
PIMCO Municipal Income Fund III
PMX
| $557K | ﹤0.01% |
48,215
+320
| +0.7% | +$3.66K |
|
|
DATA
2105
DELISTED
Tableau Software, Inc.
DATA
| $557K | ﹤0.01% |
5,701
+3,147
| +123% | +$289K |
|
2106
Avista
AVA
$3.43B
| $556K | ﹤0.01% |
10,559
+1,209
| +13% | +$63.2K |
|
2107
Carter's
CRI
$1.42B
| $555K | ﹤0.01% |
5,123
-611
| -11% | -$65.7K |
|
2108
DaVita
DVA
$15.4B
| $555K | ﹤0.01% |
7,988
+1,782
| +29% | +$119K |
|
2109
ProShares MSCI Emerging Markets Dividend Growers ETF
EMDV
$7.24M
| $555K | ﹤0.01% |
10,032
+1,851
| +23% | +$108K |
|
2110
Alliance Resource Partners
ARLP
$3.33B
| $553K | ﹤0.01% |
30,131
+5,779
| +24% | +$104K |
|
2111
Ryder
R
$9.9B
| $553K | ﹤0.01% |
7,693
+16
| +0.2% | +$1.12K |
|
2112
iShares Emerging Markets Equity Factor ETF
EMGF
$1.77B
| $552K | ﹤0.01% |
11,943
+1,210
| +11% | +$59.9K |
|
2113
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.6M
| $552K | ﹤0.01% |
12,965
+270
| +2% | +$12.6K |
|
|
UHT
2114
Universal Health Realty Income Trust
UHT
$625M
| $551K | ﹤0.01% |
8,615
-2,172
| -20% | -$134K |
|
|
SRC
2115
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $550K | ﹤0.01% |
13,688
-4,054
| -23% | -$154K |
|
2116
Middleby
MIDD
$6.05B
| $549K | ﹤0.01% |
5,259
-898
| -15% | -$102K |
|
2117
Amplify BlueStar Israel Technology ETF
ITEQ
$112M
| $548K | ﹤0.01% |
16,052
+1,117
| +7% | +$37.7K |
|
2118
Sunoco
SUN
$14.6B
| $548K | ﹤0.01% |
21,958
+342
| +2% | +$9.08K |
|
2119
Glacier Bancorp
GBCI
$6.35B
| $547K | ﹤0.01% |
14,131
+318
| +2% | +$12.4K |
|
2120
Westlake Corp
WLK
$9.2B
| $547K | ﹤0.01% |
5,078
-2,842
| -36% | -$319K |
|
|
RORE
2121
DELISTED
Hartford Multifactor REIT ETF
RORE
| $544K | ﹤0.01% |
35,095
+1,006
| +3% | +$14.6K |
|
|
RESP
2122
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $543K | ﹤0.01% |
17,154
-4,535
| -21% | -$143K |
|
2123
First Trust Global Wind Energy ETF
FAN
$272M
| $542K | ﹤0.01% |
42,876
+2,539
| +6% | +$34.4K |
|
2124
Toll Brothers
TOL
$14.3B
| $542K | ﹤0.01% |
14,650
-2,673
| -15% | -$109K |
|
2125
Methode Electronics
MEI
$471M
| $541K | ﹤0.01% |
13,425
+1,178
| +10% | +$48.1K |
|
Similar funds
LPL Financial's Q2 2018 Portfolio in Review
As of Q2 2018, LPL Financial held 3,378 positions worth $38.1B, up 4.9% from $36.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.14B of net new capital in Q2 2018, opening 201 new positions and adding to 1,572 existing holdings. Its largest new stake was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
By sector, the portfolio is most concentrated in Technology at 3.1% 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 Bloomberg High Yield Bond ETF, an estimated $136M trimmed.
- LPL Financial's largest Q2 2018 buy was Invesco S&P 500 Quality ETF: 487,751 shares worth $14.6M.
- LPL Financial added most to iShares TIPS Bond ETF in Q2 2018, an estimated $209M increase.
- LPL Financial's biggest Q2 2018 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $136M.
- LPL Financial fully exited PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX in Q2 2018, selling an estimated $15.3M.
- LPL Financial's ten largest holdings make up 24% of its $38.1B portfolio in Q2 2018.
- LPL Financial opened 201 new positions and closed 171 in Q2 2018.
- LPL Financial's portfolio value rose 4.9% quarter-over-quarter to $38.1B.
Based on LPL Financial's 13F filing for Q2 2018, filed 14 Aug 2018.