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 | |
|---|---|---|---|---|---|---|
2126
RB Global
RBA
$21.6B
| $541K | ﹤0.01% |
15,848
+227
| +1% | +$7.65K |
|
2127
CGI
GIB
$15.8B
| $540K | ﹤0.01% |
8,525
+401
| +5% | +$24.1K |
|
2128
MGM Resorts International
MGM
$11.8B
| $540K | ﹤0.01% |
18,610
+5,293
| +40% | +$171K |
|
|
MZOR
2129
DELISTED
Mazor Robotics Ltd.
MZOR
| $539K | ﹤0.01% |
9,707
+1,918
| +25% | +$111K |
|
|
GRUB
2130
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $537K | ﹤0.01% |
2,561
-2,184
| -46% | -$452K |
|
|
FRC
2131
DELISTED
First Republic Bank
FRC
| $536K | ﹤0.01% |
5,537
-194
| -3% | -$18.7K |
|
|
JOYY
2132
JOYY Inc
JOYY
$3.76B
| $535K | ﹤0.01% |
5,326
+677
| +15% | +$70.6K |
|
|
KMM
2133
DELISTED
Deutsche Multi-Market Incm Trust
KMM
| $535K | ﹤0.01% |
60,728
+37,740
| +164% | +$332K |
|
|
MINC
2134
DELISTED
AdvisorShares Newfleet Multi-Sector Income ETF
MINC
| $535K | ﹤0.01% |
11,205
+485
| +5% | +$23.3K |
|
|
ANSS
2135
DELISTED
Ansys
ANSS
| $534K | ﹤0.01% |
3,068
-2,272
| -43% | -$378K |
|
2136
ONE Gas
OGS
$5.02B
| $534K | ﹤0.01% |
7,142
+324
| +5% | +$23K |
|
2137
Cohen & Steers Quality Income Realty Fund
RQI
$1.72B
| $534K | ﹤0.01% |
44,421
-6,996
| -14% | -$81.5K |
|
2138
Q2 Holdings
QTWO
$3.84B
| $532K | ﹤0.01% |
9,324
-719
| -7% | -$39.2K |
|
|
HCR
2139
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $532K | ﹤0.01% |
45,053
+3,761
| +9% | +$46.7K |
|
2140
Impinj
PI
$4.19B
| $531K | ﹤0.01% |
24,007
+2,093
| +10% | +$35.4K |
|
2141
Casey's General Stores
CASY
$32.3B
| $529K | ﹤0.01% |
5,037
-965
| -16% | -$97.6K |
|
2142
Trip.com Group
TCOM
$29.1B
| $529K | ﹤0.01% |
11,106
+28
| +0.3% | +$1.26K |
|
|
DEMG
2143
DELISTED
Xtrackers FTSE Emerging Comprehensive Factor ETF
DEMG
| $529K | ﹤0.01% |
20,773
-406
| -2% | -$11.3K |
|
2144
FirstCash
FCFS
$8.83B
| $528K | ﹤0.01% |
5,880
+1,235
| +27% | +$109K |
|
2145
Hancock Whitney
HWC
$6.2B
| $528K | ﹤0.01% |
11,308
-139
| -1% | -$7.05K |
|
2146
Tower Semiconductor
TSEM
$22.1B
| $527K | ﹤0.01% |
23,928
-35,178
| -60% | -$896K |
|
2147
United Natural Foods
UNFI
$3.07B
| $527K | ﹤0.01% |
12,356
+3,181
| +35% | +$140K |
|
2148
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $525K | ﹤0.01% |
18,262
-207
| -1% | -$6.14K |
|
2149
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$594M
| $525K | ﹤0.01% |
16,668
+1,227
| +8% | +$37.5K |
|
2150
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$552M
| $525K | ﹤0.01% |
8,415
+1,910
| +29% | +$115K |
|
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.