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 | |
|---|---|---|---|---|---|---|
2276
Cambria Global Value ETF
GVAL
$572M
| $455K | ﹤0.01% |
19,170
+374
| +2% | +$9.46K |
|
|
AXAS
2277
DELISTED
Abraxas Petroleum Corp
AXAS
| $455K | ﹤0.01% |
7,875
-64
| -0.8% | -$3.47K |
|
2278
NETGEAR
NTGR
$663M
| $454K | ﹤0.01% |
7,260
+371
| +5% | +$22.5K |
|
|
NBL
2279
DELISTED
Noble Energy, Inc.
NBL
| $454K | ﹤0.01% |
12,861
+469
| +4% | +$15.9K |
|
2280
Genpact
G
$5.87B
| $453K | ﹤0.01% |
15,671
-461
| -3% | -$14.3K |
|
|
GLOP
2281
DELISTED
GASLOG PARTNERS LP
GLOP
| $453K | ﹤0.01% |
19,012
+871
| +5% | +$21K |
|
|
NTUS
2282
DELISTED
Natus Medical Inc
NTUS
| $453K | ﹤0.01% |
13,116
+130
| +1% | +$4.56K |
|
|
MLNX
2283
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $453K | ﹤0.01% |
5,378
-639
| -11% | -$52.3K |
|
|
LTXB
2284
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $453K | ﹤0.01% |
11,620
+800
| +7% | +$33.9K |
|
2285
CVR Partners
UAN
$1.29B
| $451K | ﹤0.01% |
13,679
-743
| -5% | -$22.2K |
|
|
GLDW
2286
DELISTED
SPDR Long Dollar Gold Trust
GLDW
| $451K | ﹤0.01% |
3,760
-718
| -16% | -$87.8K |
|
|
BLCN
2287
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $450K | ﹤0.01% |
20,048
+1,860
| +10% | +$42.8K |
|
|
ZMLP
2288
DELISTED
Direxion Zacks MLP High Income Index Shares
ZMLP
| $450K | ﹤0.01% |
3,785
-148
| -4% | -$17.6K |
|
2289
Avanos Medical
AVNS
| $449K | ﹤0.01% |
7,851
-317
| -4% | -$16.8K |
|
2290
Bio-Techne
TECH
$11.2B
| $449K | ﹤0.01% |
12,136
-152
| -1% | -$5.8K |
|
2291
HubSpot
HUBS
$12.2B
| $447K | ﹤0.01% |
+3,567
| New | +$422K |
|
2292
Boyd Gaming
BYD
$6.78B
| $446K | ﹤0.01% |
12,875
+18
| +0.1% | +$633 |
|
2293
RenaissanceRe
RNR
$13.9B
| $446K | ﹤0.01% |
3,708
+493
| +15% | +$63.7K |
|
|
CYBR
2294
DELISTED
CyberArk
CYBR
| $445K | ﹤0.01% |
7,062
-2,363
| -25% | -$138K |
|
2295
Abercrombie & Fitch
ANF
$4.58B
| $444K | ﹤0.01% |
18,151
+1
| +0% | +$26 |
|
2296
Littelfuse
LFUS
$9.91B
| $444K | ﹤0.01% |
+1,948
| New | +$418K |
|
2297
MSC Industrial Direct
MSM
$6.97B
| $444K | ﹤0.01% |
5,231
+216
| +4% | +$19.6K |
|
|
ERC
2298
Allspring Multi-Sector Income Fund
ERC
$253M
| $443K | ﹤0.01% |
35,497
-950
| -3% | -$12.2K |
|
2299
iShares JPMorgan EM Corporate Bond ETF
CEMB
$399M
| $442K | ﹤0.01% |
9,141
-1,863
| -17% | -$91.1K |
|
|
MRC
2300
DELISTED
MRC Global
MRC
| $442K | ﹤0.01% |
20,406
-19,882
| -49% | -$392K |
|
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.