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 | |
|---|---|---|---|---|---|---|
2301
WesBanco
WSBC
$4.02B
| $459K | ﹤0.01% |
10,295
-31
| -0.3% | -$1.48K |
|
2302
Boyd Gaming
BYD
$6.75B
| $457K | ﹤0.01% |
13,504
+629
| +5% | +$22.5K |
|
|
GCV
2303
Gabelli Convertible and Income Securities Fund
GCV
$89.9M
| $457K | ﹤0.01% |
80,308
+15,533
| +24% | +$97.2K |
|
|
ENLC
2304
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $457K | ﹤0.01% |
27,757
+6,549
| +31% | +$109K |
|
|
CTRA
2305
DELISTED
Coterra Energy
CTRA
| $456K | ﹤0.01% |
20,257
+3,140
| +18% | +$73.3K |
|
2306
Nuveen Credit Strategies Income Fund
JQC
$705M
| $456K | ﹤0.01% |
57,276
+4,024
| +8% | +$32K |
|
2307
Oshkosh
OSK
$8.82B
| $456K | ﹤0.01% |
6,398
-4,518
| -41% | -$325K |
|
2308
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$131M
| $455K | ﹤0.01% |
18,952
-10,722
| -36% | -$257K |
|
|
MLPI
2309
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $455K | ﹤0.01% |
18,930
-1,458
| -7% | -$35.4K |
|
2310
Horizon Bancorp
HBNC
$1.06B
| $453K | ﹤0.01% |
22,924
-1,357
| -6% | -$27.9K |
|
2311
Liberty Energy
LBRT
$2.79B
| $453K | ﹤0.01% |
21,012
+905
| +5% | +$17.5K |
|
2312
Semtech
SMTC
$9.65B
| $453K | ﹤0.01% |
8,151
-41
| -0.5% | -$2.14K |
|
2313
Invesco S&P 500 Downside Hedged ETF
PHDG
$72.6M
| $452K | ﹤0.01% |
15,278
+3,159
| +26% | +$92K |
|
2314
Patterson-UTI
PTEN
$3.54B
| $452K | ﹤0.01% |
26,413
+321
| +1% | +$5.51K |
|
2315
Capri Holdings
CPRI
$1.82B
| $451K | ﹤0.01% |
6,585
+33
| +0.5% | +$2.31K |
|
2316
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$468M
| $451K | ﹤0.01% |
8,183
+536
| +7% | +$28.9K |
|
2317
Novanta
NOVT
$4.91B
| $451K | ﹤0.01% |
6,587
-167
| -2% | -$11.7K |
|
2318
SFL Corp
SFL
$1.61B
| $450K | ﹤0.01% |
32,361
+4,333
| +15% | +$62.3K |
|
|
ORAN
2319
DELISTED
Orange
ORAN
| $450K | ﹤0.01% |
28,315
-352
| -1% | -$5.81K |
|
2320
RELX
RELX
$66.7B
| $449K | ﹤0.01% |
21,453
+9,135
| +74% | +$199K |
|
|
HTY
2321
DELISTED
JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND
HTY
| $449K | ﹤0.01% |
60,567
+576
| +1% | +$4.76K |
|
|
INXN
2322
DELISTED
Interxion Holding N.V.
INXN
| $449K | ﹤0.01% |
6,667
+3,325
| +99% | +$216K |
|
2323
Guggenheim Strategic Opportunities Fund
GOF
$2.2B
| $448K | ﹤0.01% |
21,327
+1,901
| +10% | +$41.4K |
|
2324
Nomad Foods
NOMD
$1.77B
| $448K | ﹤0.01% |
22,116
+1,722
| +8% | +$34.1K |
|
2325
Donaldson
DCI
$10.7B
| $447K | ﹤0.01% |
7,678
+444
| +6% | +$22.3K |
|
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.