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 Mid-Cap ETF
IJH
|
+$109M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$91.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$89.2M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$87.5M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$76.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$36.6M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$35.8M |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$34.1M |
| 4 |
iShares MSCI Singapore ETF
EWS
|
+$32.2M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.42% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.37% |
| 4 | Industrials | 2.25% |
| 5 | Consumer Discretionary | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Global X Aging Population ETF
AGNG
$88.3M
| $553K | ﹤0.01% |
+24,482
| New | +$531K |
|
2152
NMI Holdings
NMIH
$3.3B
| $553K | ﹤0.01% |
24,432
+889
| +4% | +$18.6K |
|
2153
VanEck Vietnam ETF
VNM
$502M
| $552K | ﹤0.01% |
32,856
-6,577
| -17% | -$107K |
|
2154
iShares MSCI Philippines ETF
EPHE
$132M
| $551K | ﹤0.01% |
18,343
-3,402
| -16% | -$107K |
|
2155
MSC Industrial Direct
MSM
$6.78B
| $551K | ﹤0.01% |
6,253
+1,022
| +20% | +$87.2K |
|
2156
First Trust Managed Futures Strategy Fund
FMF
$248M
| $550K | ﹤0.01% |
10,916
+793
| +8% | +$38.7K |
|
2157
ProShares Short 7-10 Year Treasury
TBX
$15.8M
| $550K | ﹤0.01% |
18,725
+1,457
| +8% | +$42.6K |
|
|
PFPT
2158
DELISTED
Proofpoint, Inc.
PFPT
| $550K | ﹤0.01% |
5,176
+164
| +3% | +$19.1K |
|
2159
iShares ESG Aware MSCI USA ETF
ESGU
$17.8B
| $546K | ﹤0.01% |
8,531
+606
| +8% | +$37.9K |
|
2160
ONE Gas
OGS
$4.9B
| $546K | ﹤0.01% |
6,635
-507
| -7% | -$39.7K |
|
2161
State Street SPDR S&P Telecom ETF
XTL
$558M
| $546K | ﹤0.01% |
7,167
+3,043
| +74% | +$227K |
|
2162
Amdocs
DOX
$5.87B
| $544K | ﹤0.01% |
8,252
-1,107
| -12% | -$73.2K |
|
2163
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.14B
| $543K | ﹤0.01% |
17,825
+758
| +4% | +$22.6K |
|
2164
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.51B
| $542K | ﹤0.01% |
9,234
-4,162
| -31% | -$245K |
|
2165
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.3M
| $542K | ﹤0.01% |
15,864
+1,013
| +7% | +$35.7K |
|
2166
State Street Multi-Asset Real Return ETF
RLY
$1.27B
| $542K | ﹤0.01% |
20,470
+3,954
| +24% | +$104K |
|
|
ESV
2167
DELISTED
Ensco Rowan plc
ESV
| $542K | ﹤0.01% |
16,053
-1,096
| -6% | -$31.3K |
|
2168
Rapid7
RPD
$634M
| $541K | ﹤0.01% |
14,645
-19,317
| -57% | -$649K |
|
|
USCR
2169
DELISTED
U S Concrete, Inc.
USCR
| $538K | ﹤0.01% |
11,731
+4,743
| +68% | +$238K |
|
2170
Nuveen Municipal Income
NMI
$131M
| $537K | ﹤0.01% |
52,642
+23,159
| +79% | +$252K |
|
2171
Nutanix
NTNX
$16B
| $536K | ﹤0.01% |
12,547
-911
| -7% | -$48.1K |
|
|
PRTK
2172
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $535K | ﹤0.01% |
55,150
+4,725
| +9% | +$47.7K |
|
|
RP
2173
DELISTED
RealPage, Inc.
RP
| $535K | ﹤0.01% |
8,124
+2,059
| +34% | +$123K |
|
|
AVNS
2174
DELISTED
Avanos Medical
AVNS
| $534K | ﹤0.01% |
7,792
-59
| -0.8% | -$3.8K |
|
|
AIVC
2175
Amplify Bloomberg AI Equal Weight ETF
AIVC
$111M
| $534K | ﹤0.01% |
13,682
+436
| +3% | +$16K |
|
Similar funds
LPL Financial's Q3 2018 Portfolio in Review
As of Q3 2018, LPL Financial held 3,397 positions worth $41.7B, up 9.5% from $38.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $1.97B of net new capital in Q3 2018, opening 192 new positions and adding to 1,682 existing holdings. Its largest new stake was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
By sector, the portfolio is most concentrated in Technology at 3.4% 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 Dow Jones Industrial Average ETF Trust, an estimated $36.6M trimmed.
- LPL Financial's largest Q3 2018 buy was Xtrackers USD High Yield Corporate Bond ETF: 728,055 shares worth $29M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2018, an estimated $109M increase.
- LPL Financial's biggest Q3 2018 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $36.6M.
- LPL Financial fully exited iShares iBonds Sep 2018 Term Muni Bond ETF in Q3 2018, selling an estimated $2.44M.
- LPL Financial's ten largest holdings make up 24% of its $41.7B portfolio in Q3 2018.
- LPL Financial opened 192 new positions and closed 170 in Q3 2018.
- LPL Financial's portfolio value rose 9.5% quarter-over-quarter to $41.7B.
Based on LPL Financial's 13F filing for Q3 2018, filed 14 Nov 2018.