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 |
Vanguard Value ETF
VTV
|
+$117M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$108M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$102M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$101M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$41.1M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$32.7M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$23.3M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
+$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$18.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.98% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.3% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.63B
| $8.05M | 0.02% |
120,956
-2,314
| -2% | -$151K |
|
477
State Street SPDR S&P International Dividend ETF
DWX
$521M
| $8.02M | 0.02% |
194,593
-1,915
| -1% | -$77.8K |
|
478
iShares Expanded Tech Sector ETF
IGM
$9.94B
| $7.99M | 0.02% |
284,088
+89,394
| +46% | +$2.47M |
|
479
iShares MSCI Europe Financials ETF
EUFN
$3.87B
| $7.98M | 0.02% |
342,473
-21
| -0% | -$486 |
|
480
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.04B
| $7.98M | 0.02% |
109,324
-1,566
| -1% | -$112K |
|
481
Invesco Building & Construction ETF
PKB
$438M
| $7.95M | 0.02% |
229,354
-7,001
| -3% | -$232K |
|
482
ROBO Global Robotics & Automation Index ETF
ROBO
$1.9B
| $7.95M | 0.02% |
192,448
+88,048
| +84% | +$3.57M |
|
483
State Street SPDR ICE Preferred Securities ETF
PSK
$693M
| $7.95M | 0.02% |
180,510
-4,161
| -2% | -$186K |
|
484
Occidental Petroleum
OXY
$57B
| $7.94M | 0.02% |
107,844
+11,355
| +12% | +$771K |
|
485
ARK Innovation ETF
ARKK
$5.89B
| $7.89M | 0.02% |
212,681
+119,630
| +129% | +$4.3M |
|
486
iShares China Large-Cap ETF
FXI
$4.31B
| $7.73M | 0.02% |
167,430
+4,438
| +3% | +$205K |
|
487
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$404M
| $7.71M | 0.02% |
170,112
-3,666
| -2% | -$163K |
|
488
GSK
GSK
$103B
| $7.69M | 0.02% |
173,354
-67,857
| -28% | -$3.13M |
|
489
Vanguard Global ex-US Real Estate ETF
VNQI
$3.46B
| $7.66M | 0.02% |
126,672
+20,432
| +19% | +$1.23M |
|
490
TotalEnergies
TTE
$193B
| $7.65M | 0.02% |
138,314
+25,037
| +22% | +$1.38M |
|
491
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $7.65M | 0.02% |
126,860
+21,927
| +21% | +$1.33M |
|
492
Morgan Stanley
MS
$337B
| $7.63M | 0.02% |
145,324
+25,454
| +21% | +$1.29M |
|
|
IBDH
493
DELISTED
iShares iBonds Dec 2018 Term Corporate ETF
IBDH
| $7.59M | 0.02% |
302,144
+13,102
| +5% | +$329K |
|
494
TSMC
TSM
$2.09T
| $7.58M | 0.02% |
191,162
+62,177
| +48% | +$2.52M |
|
495
Intercontinental Exchange
ICE
$82.4B
| $7.57M | 0.02% |
107,236
+24,573
| +30% | +$1.69M |
|
496
Ecolab
ECL
$75.6B
| $7.54M | 0.02% |
56,215
+7,842
| +16% | +$1.04M |
|
497
Schwab US TIPS ETF
SCHP
$16.3B
| $7.53M | 0.02% |
271,626
+26,656
| +11% | +$737K |
|
498
International Paper
IP
$22.3B
| $7.51M | 0.02% |
136,935
+8,555
| +7% | +$459K |
|
|
RDS.B
499
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $7.51M | 0.02% |
109,966
+2,499
| +2% | +$162K |
|
500
PPG Industries
PPG
$25.9B
| $7.49M | 0.02% |
64,136
+1,686
| +3% | +$194K |
|
Similar funds
LPL Financial's Q4 2017 Portfolio in Review
As of Q4 2017, LPL Financial held 3,144 positions worth $32.9B, up 16% from $28.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $3.28B of net new capital in Q4 2017, opening 280 new positions and adding to 1,728 existing holdings. Its largest new stake was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street Health Care Select Sector SPDR ETF, an estimated $41.1M trimmed.
- LPL Financial's largest Q4 2017 buy was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
- LPL Financial added most to Vanguard Value ETF in Q4 2017, an estimated $117M increase.
- LPL Financial's biggest Q4 2017 reduction was State Street Health Care Select Sector SPDR ETF, cutting an estimated $41.1M.
- LPL Financial fully exited iShares iBonds Dec 2017 Term Corporate ETF in Q4 2017, selling an estimated $4.66M.
- LPL Financial's ten largest holdings make up 24% of its $32.9B portfolio in Q4 2017.
- LPL Financial opened 280 new positions and closed 123 in Q4 2017.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $32.9B.
Based on LPL Financial's 13F filing for Q4 2017, filed 14 Feb 2018.