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 US Growth ETF
IUSG
|
+$195M |
| 2 |
iShares Core S&P US Value ETF
IUSV
|
+$162M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$131M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$62.6M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$61.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Dividend ETF
SDY
|
+$82.3M |
| 2 |
State Street SPDR Dow Jones Global Real Estate ETF
RWO
|
+$39M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$35.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.1M |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.4% |
| 2 | Technology | 1.31% |
| 3 | Healthcare | 1.28% |
| 4 | Consumer Discretionary | 1.07% |
| 5 | Industrials | 1.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.74B
| $10.7M | 0.07% |
289,867
+78,152
| +37% | +$2.83M |
|
227
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$565M
| $10.7M | 0.07% |
373,501
+216,440
| +138% | +$5.92M |
|
228
W.P. Carey
WPC
$17.1B
| $10.7M | 0.07% |
175,838
+15,516
| +10% | +$941K |
|
229
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $10.6M | 0.07% |
381,755
-10,553
| -3% | -$294K |
|
230
Global X SuperDividend ETF
SDIV
$1.21B
| $10.6M | 0.07% |
165,404
+48,361
| +41% | +$3.09M |
|
231
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.73B
| $10.5M | 0.07% |
182,656
+22,984
| +14% | +$1.32M |
|
232
iShares US Industrials ETF
IYJ
$1.98B
| $10.5M | 0.07% |
166,992
-48,658
| -23% | -$3.04M |
|
233
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $10.4M | 0.07% |
433,970
+85,083
| +24% | +$2.02M |
|
234
Vanguard Russell 1000 Value ETF
VONV
$20.4B
| $10.4M | 0.07% |
208,018
+21,000
| +11% | +$1.05M |
|
|
CELG
235
DELISTED
Celgene Corp
CELG
| $10.3M | 0.07% |
83,367
+4,834
| +6% | +$578K |
|
236
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.65B
| $10.3M | 0.07% |
700,530
+78,316
| +13% | +$1.14M |
|
237
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $10.3M | 0.07% |
97,342
+45,541
| +88% | +$4.8M |
|
238
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $10.2M | 0.07% |
232,668
+60,946
| +35% | +$2.58M |
|
239
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.36B
| $10.1M | 0.07% |
189,257
+5,658
| +3% | +$306K |
|
240
Philip Morris
PM
$301B
| $10.1M | 0.07% |
89,533
+1,927
| +2% | +$199K |
|
241
Vanguard Industrials ETF
VIS
$8.23B
| $9.98M | 0.07% |
81,044
+1,050
| +1% | +$129K |
|
242
VanEck Junior Gold Miners ETF
GDXJ
$7.06B
| $9.96M | 0.07% |
271,796
+70,316
| +35% | +$2.63M |
|
243
iShares Core S&P 500 ETF
IVV
$876B
| $9.85M | 0.07% |
41,546
+3,627
| +10% | +$848K |
|
244
iShares Russell 2000 ETF
IWM
$80.9B
| $9.83M | 0.07% |
72,138
+307
| +0.4% | +$41.9K |
|
245
SLB Ltd
SLB
$77.8B
| $9.82M | 0.07% |
126,416
-1,197
| -0.9% | -$97.9K |
|
|
SCHV
246
Schwab US Large-Cap Value ETF
SCHV
$15.8B
| $9.81M | 0.07% |
593,880
-48,288
| -8% | -$794K |
|
247
Invesco Pharmaceuticals ETF
PJP
$425M
| $9.76M | 0.07% |
167,089
-17,827
| -10% | -$1.04M |
|
248
iShares MSCI EAFE Value ETF
EFV
$27.6B
| $9.75M | 0.07% |
194,707
+11,996
| +7% | +$590K |
|
249
Ventas
VTR
$48.9B
| $9.7M | 0.07% |
148,992
+5,658
| +4% | +$352K |
|
250
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.06B
| $9.69M | 0.07% |
454,239
+19,886
| +5% | +$427K |
|
Similar funds
LPL Financial's Q1 2017 Portfolio in Review
As of Q1 2017, LPL Financial held 2,916 positions worth $14.7B, up 12% from $13.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
LPL Financial deployed $1.09B of net new capital in Q1 2017, opening 235 new positions and adding to 1,364 existing holdings. Its largest new stake was iShares Gold Trust: 517,438 shares worth $12.5M.
By sector, the portfolio is most concentrated in Financials at 2.4% of assets, down from 2.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Dow Jones Global Real Estate ETF, an estimated $39M trimmed.
- LPL Financial's largest Q1 2017 buy was iShares Gold Trust: 517,438 shares worth $12.5M.
- LPL Financial added most to iShares Core S&P US Growth ETF in Q1 2017, an estimated $195M increase.
- LPL Financial's biggest Q1 2017 reduction was State Street SPDR Dow Jones Global Real Estate ETF, cutting an estimated $39M.
- LPL Financial fully exited State Street SPDR S&P Dividend ETF in Q1 2017, selling an estimated $82.3M.
- LPL Financial's ten largest holdings make up 25% of its $14.7B portfolio in Q1 2017.
- LPL Financial opened 235 new positions and closed 216 in Q1 2017.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $14.7B.
Based on LPL Financial's 13F filing for Q1 2017, filed 15 May 2017.