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 | |
|---|---|---|---|---|---|---|
|
SHLX
2226
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $460K | ﹤0.01% |
21,846
+1,271
| +6% | +$33.5K |
|
2227
Hecla Mining
HL
$10B
| $459K | ﹤0.01% |
125,114
+3,267
| +3% | +$12.7K |
|
2228
Texas Roadhouse
TXRH
$13.7B
| $459K | ﹤0.01% |
7,939
-306
| -4% | -$17.6K |
|
2229
Bio-Techne
TECH
$11.2B
| $458K | ﹤0.01% |
12,288
+2,204
| +22% | +$77.9K |
|
|
PKO
2230
DELISTED
Pimco Income Opportunity Fund
PKO
| $458K | ﹤0.01% |
17,516
+5,783
| +49% | +$149K |
|
2231
MSC Industrial Direct
MSM
$6.78B
| $457K | ﹤0.01% |
5,015
+507
| +11% | +$46.8K |
|
2232
Q2 Holdings
QTWO
$3.68B
| $457K | ﹤0.01% |
10,043
-537
| -5% | -$23.2K |
|
2233
Horizon Bancorp
HBNC
$1.05B
| $456K | ﹤0.01% |
+22,775
| New | +$444K |
|
2234
Associated Banc-Corp
ASB
$5.8B
| $453K | ﹤0.01% |
18,225
+2,997
| +20% | +$76.2K |
|
2235
OceanFirst Financial
OCFC
$1.71B
| $453K | ﹤0.01% |
16,922
+1,379
| +9% | +$37.2K |
|
2236
Graco
GGG
$13B
| $452K | ﹤0.01% |
9,884
-1,051
| -10% | -$48K |
|
|
AIF
2237
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $452K | ﹤0.01% |
28,801
+4,301
| +18% | +$67.4K |
|
2238
KB Home
KBH
$3.45B
| $451K | ﹤0.01% |
15,858
-1,724
| -10% | -$53.7K |
|
|
WEB
2239
DELISTED
Web.com Group, Inc.
WEB
| $451K | ﹤0.01% |
24,931
+1,644
| +7% | +$33.5K |
|
2240
ONE Gas
OGS
$4.9B
| $450K | ﹤0.01% |
6,818
-296
| -4% | -$19.9K |
|
|
SEE
2241
DELISTED
Sealed Air
SEE
| $450K | ﹤0.01% |
10,508
+4,391
| +72% | +$198K |
|
2242
SFL Corp
SFL
$1.64B
| $450K | ﹤0.01% |
31,460
+14,577
| +86% | +$218K |
|
|
DLPH
2243
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $450K | ﹤0.01% |
9,452
-2,025
| -18% | -$105K |
|
|
AKS
2244
DELISTED
AK Steel Holding Corp
AKS
| $450K | ﹤0.01% |
99,289
+17,739
| +22% | +$97.5K |
|
|
MSCC
2245
DELISTED
Microsemi Corp
MSCC
| $450K | ﹤0.01% |
6,987
+1,044
| +18% | +$64.5K |
|
2246
ALPS Emerging Sector Dividend Dogs ETF
EDOG
$29.6M
| $449K | ﹤0.01% |
18,027
+1,771
| +11% | +$45.9K |
|
2247
National Beverage
FIZZ
$3B
| $449K | ﹤0.01% |
10,088
-12,298
| -55% | -$605K |
|
|
JHI
2248
John Hancock Investors Trust
JHI
$114M
| $449K | ﹤0.01% |
27,028
+9,637
| +55% | +$165K |
|
2249
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$592M
| $449K | ﹤0.01% |
+15,441
| New | +$455K |
|
2250
Douglas Dynamics
PLOW
$991M
| $449K | ﹤0.01% |
10,396
-458
| -4% | -$19K |
|
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.