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 | |
|---|---|---|---|---|---|---|
|
RHT
476
DELISTED
Red Hat Inc
RHT
| $4.34M | 0.03% |
50,239
+4,882
| +11% | +$388K |
|
477
Invesco S&P 500 BuyWrite ETF
PBP
$352M
| $4.32M | 0.03% |
195,906
-12,636
| -6% | -$276K |
|
478
Invesco S&P 500 High Beta ETF
SPHB
$964M
| $4.31M | 0.03% |
115,564
-5,644
| -5% | -$212K |
|
479
VictoryShares US 500 Volatility Wtd ETF
CFA
$537M
| $4.31M | 0.03% |
101,436
+10,868
| +12% | +$456K |
|
480
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.51B
| $4.31M | 0.03% |
176,337
-24,972
| -12% | -$604K |
|
481
Danaher
DHR
$135B
| $4.31M | 0.03% |
56,823
-8,311
| -13% | -$619K |
|
482
Nuveen California Municipal Value Fund
NCA
$299M
| $4.3M | 0.03% |
426,792
-35,503
| -8% | -$363K |
|
483
American Express
AXP
$223B
| $4.29M | 0.03% |
54,627
-7,969
| -13% | -$623K |
|
484
Blackrock
BLK
$164B
| $4.29M | 0.03% |
11,222
+32
| +0.3% | +$12.2K |
|
485
WisdomTree US Value Fund
WTV
$3.11B
| $4.28M | 0.03% |
122,562
+456
| +0.4% | +$15.9K |
|
486
iShares Global Infrastructure ETF
IGF
$11B
| $4.27M | 0.03% |
100,907
+16,230
| +19% | +$657K |
|
487
Nike
NKE
$61.9B
| $4.27M | 0.03% |
76,779
+1,672
| +2% | +$92.4K |
|
488
Vanguard Russell 2000 Growth ETF
VTWG
$1.47B
| $4.27M | 0.03% |
36,750
-11
| -0% | -$1.27K |
|
489
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $4.25M | 0.03% |
186,943
+37,862
| +25% | +$851K |
|
490
Verizon
VZ
$194B
| $4.21M | 0.03% |
85,806
+910
| +1% | +$45.7K |
|
|
DIAX
491
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $4.19M | 0.03% |
268,812
+18,113
| +7% | +$284K |
|
|
RDS.A
492
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $4.19M | 0.03% |
80,000
-10,628
| -12% | -$569K |
|
493
National Grid
NGG
$82.7B
| $4.19M | 0.03% |
68,559
+3,030
| +5% | +$175K |
|
494
American Water Works
AWK
$26.3B
| $4.19M | 0.03% |
54,267
-3,187
| -6% | -$237K |
|
495
iShares Global Healthcare ETF
IXJ
$4.11B
| $4.16M | 0.03% |
80,652
-9,898
| -11% | -$496K |
|
496
iShares MSCI Europe Financials ETF
EUFN
$4.01B
| $4.13M | 0.03% |
205,666
+148,121
| +257% | +$2.92M |
|
|
LSI
497
DELISTED
Life Storage, Inc.
LSI
| $4.1M | 0.03% |
75,063
-401
| -0.5% | -$22.5K |
|
498
Merck
MRK
$324B
| $4.1M | 0.03% |
67,663
-65,860
| -49% | -$4M |
|
499
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.88B
| $4.09M | 0.03% |
99,673
-686
| -0.7% | -$27.3K |
|
500
BCE
BCE
$19.9B
| $4.07M | 0.03% |
91,974
-6,280
| -6% | -$277K |
|
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.