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
|
+$83.3M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$80.6M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$73.4M |
| 4 |
Vanguard Total Bond Market
BND
|
+$72.3M |
| 5 |
iShares Core S&P US Growth ETF
IUSG
|
+$54.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$47.1M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$37.7M |
| 3 |
iShares Russell Mid-Cap Growth ETF
IWP
|
+$23.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$22.6M |
| 5 |
Vanguard S&P 500 Growth ETF
VOOG
|
+$20.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 2.88% |
| 3 | Healthcare | 2.49% |
| 4 | Industrials | 2.34% |
| 5 | Communication Services | 2.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$737M
| $10.2M | 0.04% |
338,026
+1,655
| +0.5% | +$49.2K |
|
377
iShares Morningstar Growth ETF
ILCG
$3.1B
| $10.2M | 0.04% |
346,800
+37,395
| +12% | +$1.08M |
|
378
PayPal
PYPL
$49.5B
| $10.1M | 0.04% |
157,050
+26,405
| +20% | +$1.58M |
|
379
Global X NASDAQ-100 Covered Call ETF
QYLD
$7.97B
| $10.1M | 0.04% |
420,687
+32,207
| +8% | +$768K |
|
380
Ventas
VTR
$48.9B
| $10.1M | 0.04% |
154,318
+2,439
| +2% | +$164K |
|
381
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.24B
| $10M | 0.04% |
243,622
+5,604
| +2% | +$218K |
|
382
Paychex
PAYX
$40.4B
| $9.99M | 0.04% |
166,606
-4,049
| -2% | -$231K |
|
383
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.06B
| $9.98M | 0.04% |
308,209
-6,615
| -2% | -$211K |
|
384
AB InBev
BUD
$158B
| $9.96M | 0.04% |
83,524
+9,193
| +12% | +$1.08M |
|
385
VanEck Junior Gold Miners ETF
GDXJ
$7.06B
| $9.75M | 0.03% |
290,359
-19,072
| -6% | -$645K |
|
386
iShares S&P 100 ETF
OEF
$19.8B
| $9.75M | 0.03% |
87,623
+4,682
| +6% | +$512K |
|
387
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.28B
| $9.71M | 0.03% |
164,074
+77,808
| +90% | +$4.48M |
|
388
Mondelez International
MDLZ
$77.7B
| $9.7M | 0.03% |
238,480
+14,317
| +6% | +$608K |
|
|
SNLN
389
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $9.67M | 0.03% |
528,299
+40,008
| +8% | +$735K |
|
390
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.08B
| $9.66M | 0.03% |
192,252
+13,560
| +8% | +$682K |
|
391
Accenture
ACN
$89.9B
| $9.62M | 0.03% |
71,191
-7,108
| -9% | -$926K |
|
392
Weyerhaeuser
WY
$17.3B
| $9.6M | 0.03% |
282,183
+39,625
| +16% | +$1.3M |
|
393
iShares Core Universal USD Bond ETF
IUSB
$42.6B
| $9.57M | 0.03% |
187,400
+123,241
| +192% | +$6.3M |
|
394
Invesco Large Cap Growth ETF
PWB
$2.29B
| $9.57M | 0.03% |
245,759
-20
| -0% | -$751 |
|
395
Consolidated Edison
ED
$41.6B
| $9.52M | 0.03% |
118,013
-873
| -0.7% | -$72.3K |
|
|
AET
396
DELISTED
Aetna Inc
AET
| $9.4M | 0.03% |
59,101
+7,440
| +14% | +$1.16M |
|
397
Lowe's Companies
LOW
$116B
| $9.29M | 0.03% |
116,148
-34,887
| -23% | -$2.67M |
|
398
VanEck Intermediate Muni ETF
ITM
$2.14B
| $9.25M | 0.03% |
192,374
-489
| -0.3% | -$23.6K |
|
399
Invesco Pharmaceuticals ETF
PJP
$425M
| $9.16M | 0.03% |
140,111
-6,289
| -4% | -$397K |
|
|
BSCK
400
DELISTED
Invesco BulletShares 2020 Corporate Bond ETF
BSCK
| $9.14M | 0.03% |
425,060
+12,114
| +3% | +$261K |
|
Similar funds
LPL Financial's Q3 2017 Portfolio in Review
As of Q3 2017, LPL Financial held 3,008 positions worth $28.3B, up 7.3% from $26.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $998M of net new capital in Q3 2017, opening 212 new positions and adding to 1,478 existing holdings. Its largest new stake was JPMorgan BetaBuilders USD High Yield Corporate Bond ETF: 42,420 shares worth $2.19M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $47.1M trimmed.
- LPL Financial's largest Q3 2017 buy was JPMorgan BetaBuilders USD High Yield Corporate Bond ETF: 42,420 shares worth $2.19M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2017, an estimated $83.3M increase.
- LPL Financial's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $47.1M.
- LPL Financial fully exited Reynolds American Inc in Q3 2017, selling an estimated $13.2M.
- LPL Financial's ten largest holdings make up 24% of its $28.3B portfolio in Q3 2017.
- LPL Financial opened 212 new positions and closed 147 in Q3 2017.
- LPL Financial's portfolio value rose 7.3% quarter-over-quarter to $28.3B.
Based on LPL Financial's 13F filing for Q3 2017, filed 14 Nov 2017.