SEC 13F Intelligence

Managers / Q4 2018 · view latest →

LPL Financial LLC

CIK 0001403438 · 4707 EXECUTIVE DRIVE, SAN DIEGO, CA, 92121 · 704-733-3300

Reported Value
$37.6B
Q4 2018
Positions
3,070
Filings on Record
30
2019–present window
Filed
Feb 7, 2019
original filing

Summary

Lpl Financial LLC reported $37.6B in U.S.-listed holdings across 3,070 positions for Q4 2018.

Its largest position, Vanguard Index Fds, represents 4.8% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+23.9%
share of reported value
Largest Position
+4.8%
Vanguard Index Fds

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $37.6BQ4 ’18Q1 ’19: $44.0BQ2 ’19: $46.9BQ3 ’19: $49.1BQ4 ’19: $55.0BQ4 ’19Q1 ’20: $46.4BQ2 ’20: $57.4BQ3 ’20: $64.0BQ4 ’20: $77.2BQ4 ’20Q1 ’21: $87.0BQ2 ’21: $98.9BQ3 ’21: $106.5BQ4 ’21: $119.2BQ4 ’21Q1 ’22: $116.4BQ2 ’22: $105.3BQ3 ’22: $103.6BQ4 ’22: $116.8BQ4 ’22Q1 ’23: $128.5BQ2 ’23: $140.0BQ3 ’23: $142.8BQ4 ’23: $165.1BQ4 ’23Q1 ’24: $186.3BQ2 ’24: $200.8BQ3 ’24: $224.3BQ4 ’24: $246.0BQ4 ’24Q1 ’25: $257.1BQ2 ’25: $299.8BQ3 ’25: $343.1BQ4 ’25: $366.2BQ4 ’25Q1 ’26: $376.6Bfilingsflow.com

Portfolio Composition

By security type
ETP: 78.5%Common Stock: 17.0%Other: 2.3%REIT: 0.7%Closed-End Fund: 0.7%Other: 0.8%
  • ETP · 78.5% · $29.5B
  • Common Stock · 17.0% · $6.4B
  • Other · 2.3% · $869M
  • REIT · 0.7% · $267M
  • Closed-End Fund · 0.7% · $251M
  • Other · 0.8% · $314M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INDEX FDSNEW+14.19M14.19M+$1.8B$1.8B
ISHARES TRNEW+4.20M4.20M+$1.1B$1.1B
VANGUARD BD INDEX FD INCNEW+13.13M13.13M+$1.0B$1.0B
ISHARES TRNEW+6.11M6.11M+$1.0B$1.0B
SPDR S&P 500 ETF TRNEW+3.02M3.02M+$755M$755M
VANGUARD SCOTTSDALE FDSNEW+8.70M8.70M+$721M$721M
NDQINVESCO QQQ TRNEW+4.54M4.54M+$700M$700M
ISHARES INCNEW+14.70M14.70M+$693M$693M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE S&P MCP ETF · CORE S&P US GWT · CORE US AGGBD ET · RUSSELL 2000 ETF · CORE MSCI EAFE · CORE S&P US VLU · CORE S&P SCP ETF · S&P 500 GRWT ETF · MIN VOL USA ETF · RUS 1000 GRW ETF · TIPS BD ETF · S&P 500 VAL ETF · IBOXX INV CP ETF · RUS 1000 VAL ETF · CORE S&P TTL STK · USA MOMENTUM FCT · MSCI EAFE ETF · S&P US PFD STK20.93%$7.9B88.52M
2VTVVANGUARD INDEX FDShistory →TOTAL STK MKT · VALUE ETF · GROWTH ETF · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF8.75%$3.3B25.43M
3VANGUARD BD INDEX FD INCTOTAL BND MRKT · SHORT TRM BOND3.36%$1.3B15.98M
4SPDR S&P 500 ETF TRTR UNIT1.93%$726M2.91M
5VANGUARD SCOTTSDALE FDSINT-TERM CORP1.92%$721M8.70M
6NDQINVESCO QQQ TRhistory →UNIT SER 11.85%$697M4.52M
7ISHARES INCCORE MSCI EMKT1.84%$693M14.70M
8AAPLAPPLE INChistory →COM0.93%$351M2.22M
9VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.86%$325M8.75M
10XLFSELECT SECTOR SPDR TRhistory →SBI INT-FINL · SBI HEALTHCARE0.86%$323M9.30M
11SSGA ACTIVE ETF TRBLKSTN GSOSRLN0.70%$263M5.89M
12VANGUARD GROUPDIV APP ETF0.69%$259M2.65M
13AMZNAMAZON COM INChistory →COM0.65%$244M162.2K
14ISHARES US ETF TRSHT MAT BD ETF0.60%$224M4.50M
15VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.54%$203M5.32M
16VANGUARD CHARLOTTE FDSINTL BD IDX ETF0.51%$191M3.53M
17VANGUARD WHITEHALL FDS INCHIGH DIV YLD0.51%$191M2.45M
18FIRST TR VALUE LINE DIVID INSHS0.50%$189M6.51M
19MSFTMICROSOFT CORPhistory →COM0.50%$189M1.86M
20VANGUARD WORLD FDSINF TECH ETF0.43%$160M961.2K
21SPDR DOW JONES INDL AVRG ETFUT SER 10.42%$159M683.1K
22BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.40%$152M745.7K
23INVESCO EXCHANGE TRADED FD TFTSE RAFI 10000.40%$152M1.49M
24VICTORY PORTFOLIOS IIVCSHS US EQ INCM0.37%$140M3.31M
25SPDR SERIES TRUSTBLOOMBERG BRCLYS0.36%$135M4.02M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$376.6B5,964May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$366.2B5,869Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$343.1B5,793Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$299.8B5,548Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$257.1B5,344May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$246.0B5,274Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$224.3B5,156Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$200.8B5,007Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$186.3B4,909May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$165.1B4,792Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$142.8B4,684Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$140.0B4,584Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$128.5B4,482May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$116.8B4,451Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$103.6B4,416Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$105.3B4,418Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$116.4B4,174May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$119.2B4,335Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$106.5B4,319Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$98.9B4,218Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$87.0B4,071May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$77.2B3,805Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$64.0B3,545Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$57.4B3,458Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$46.4B3,202May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$55.0B3,341Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$49.1B3,286Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$46.9B3,275Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$44.0B3,182May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$37.6B3,070Feb 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.