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 | |
|---|---|---|---|---|---|---|
476
Johnson Controls International
JCI
$87.5B
| $7.14M | 0.03% |
177,139
+57,161
| +48% | +$2.31M |
|
477
iShares MSCI United Kingdom ETF
EWU
$4.04B
| $7.11M | 0.03% |
204,053
-554,154
| -73% | -$18.8M |
|
478
Eaton
ETN
$157B
| $7.08M | 0.03% |
92,145
-3,805
| -4% | -$287K |
|
|
BSJJ
479
DELISTED
Invesco BulletShares 2019 High Yield Corporate Bond ETF
BSJJ
| $7.05M | 0.02% |
285,206
+15,067
| +6% | +$371K |
|
480
Deere & Co
DE
$170B
| $7.04M | 0.02% |
56,080
+8,821
| +19% | +$1.09M |
|
481
Enbridge
ENB
$124B
| $6.98M | 0.02% |
166,923
+16,562
| +11% | +$674K |
|
|
PXSC
482
DELISTED
POWERSHARES FUNDAMENTAL PURE SMALL CORE PORTFOLIO
PXSC
| $6.94M | 0.02% |
164,333
+115
| +0.1% | +$4.86K |
|
483
iShares MSCI India ETF
INDA
$6.71B
| $6.93M | 0.02% |
210,874
+20,978
| +11% | +$709K |
|
484
International Paper
IP
$22.3B
| $6.91M | 0.02% |
128,380
+22,836
| +22% | +$1.2M |
|
|
RHT
485
DELISTED
Red Hat Inc
RHT
| $6.91M | 0.02% |
62,148
+24,536
| +65% | +$2.51M |
|
486
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $6.89M | 0.02% |
115,894
+5,662
| +5% | +$320K |
|
487
Invesco Global Listed Private Equity ETF
PSP
$228M
| $6.89M | 0.02% |
108,729
+14,491
| +15% | +$914K |
|
488
EOG Resources
EOG
$78B
| $6.89M | 0.02% |
71,178
+4,130
| +6% | +$373K |
|
489
Salesforce
CRM
$134B
| $6.88M | 0.02% |
73,637
+5,826
| +9% | +$536K |
|
490
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.89B
| $6.86M | 0.02% |
217,032
+58,158
| +37% | +$1.8M |
|
491
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.42B
| $6.85M | 0.02% |
50,235
+9,871
| +24% | +$1.24M |
|
492
CSX Corp
CSX
$98.6B
| $6.83M | 0.02% |
377,823
-57,189
| -13% | -$982K |
|
493
Wynn Resorts
WYNN
$10.1B
| $6.82M | 0.02% |
45,762
-1,247
| -3% | -$170K |
|
494
Vanguard World Funds Extended Duration ETF
EDV
$3.3B
| $6.8M | 0.02% |
58,265
+41,027
| +238% | +$4.86M |
|
495
PPG Industries
PPG
$25.9B
| $6.79M | 0.02% |
62,450
+8,992
| +17% | +$958K |
|
496
Omega Healthcare
OHI
$15.4B
| $6.78M | 0.02% |
212,570
+18,516
| +10% | +$593K |
|
497
Schwab US TIPS ETF
SCHP
$16.3B
| $6.77M | 0.02% |
244,970
+6,528
| +3% | +$181K |
|
|
APU
498
DELISTED
AmeriGas Partners, L.P.
APU
| $6.76M | 0.02% |
150,402
-284
| -0.2% | -$12.5K |
|
499
Autodesk
ADSK
$44.3B
| $6.75M | 0.02% |
60,148
+46,239
| +332% | +$5.1M |
|
|
RDS.B
500
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $6.72M | 0.02% |
107,467
+7,647
| +8% | +$439K |
|
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.