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 | |
|---|---|---|---|---|---|---|
501
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $6.66M | 0.02% |
121,825
-30,958
| -20% | -$1.62M |
|
502
Vanguard Materials ETF
VAW
$3B
| $6.63M | 0.02% |
51,606
-4,737
| -8% | -$589K |
|
503
First Trust Rising Dividend Achievers ETF
RDVY
$24.3B
| $6.63M | 0.02% |
238,012
+75,374
| +46% | +$2.06M |
|
504
Truist Financial
TFC
$63.2B
| $6.61M | 0.02% |
140,747
+9,842
| +8% | +$452K |
|
505
First Trust Utilities AlphaDEX Fund
FXU
$840M
| $6.59M | 0.02% |
244,012
+73,011
| +43% | +$2.01M |
|
506
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$819M
| $6.56M | 0.02% |
282,133
+13,271
| +5% | +$306K |
|
507
Invesco NASDAQ Internet ETF
PNQI
$501M
| $6.51M | 0.02% |
295,695
-1,070
| -0.4% | -$23.3K |
|
|
PPL
508
PPL Corp
PPL
$27.3B
| $6.51M | 0.02% |
171,524
+3
| +0% | +$116 |
|
509
First Trust S&P REIT Index Fund
FRI
$195M
| $6.51M | 0.02% |
279,579
+167,505
| +149% | +$3.9M |
|
510
Schwab US Broad Market ETF
SCHB
$42.8B
| $6.46M | 0.02% |
636,066
-128,226
| -17% | -$1.27M |
|
511
Travelers Companies
TRV
$80.8B
| $6.42M | 0.02% |
52,375
+4,439
| +9% | +$554K |
|
512
Stryker
SYK
$127B
| $6.41M | 0.02% |
45,119
+6,192
| +16% | +$888K |
|
513
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $6.37M | 0.02% |
104,933
-23,057
| -18% | -$1.4M |
|
514
American Electric Power
AEP
$73.7B
| $6.34M | 0.02% |
90,263
-1,029
| -1% | -$73.3K |
|
515
iShares Global Infrastructure ETF
IGF
$11B
| $6.32M | 0.02% |
139,587
+3,729
| +3% | +$169K |
|
516
Welltower
WELL
$178B
| $6.32M | 0.02% |
89,884
-584
| -0.6% | -$42.5K |
|
517
Vanguard Global ex-US Real Estate ETF
VNQI
$3.46B
| $6.31M | 0.02% |
106,240
+9,707
| +10% | +$567K |
|
518
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.65B
| $6.29M | 0.02% |
408,622
+1,857
| +0.5% | +$28.7K |
|
519
Public Storage
PSA
$60.2B
| $6.28M | 0.02% |
29,338
+2,286
| +8% | +$473K |
|
520
Cigna
CI
$76.6B
| $6.28M | 0.02% |
33,576
-464
| -1% | -$82.6K |
|
521
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.2B
| $6.24M | 0.02% |
111,186
+3,432
| +3% | +$192K |
|
522
Ecolab
ECL
$75.6B
| $6.22M | 0.02% |
48,373
+19,073
| +65% | +$2.51M |
|
|
ATVI
523
DELISTED
Activision Blizzard
ATVI
| $6.22M | 0.02% |
96,432
+6,699
| +7% | +$418K |
|
524
iShares Morningstar Small-Cap Value ETF
ISCV
$687M
| $6.22M | 0.02% |
127,248
+231
| +0.2% | +$10.8K |
|
525
Nucor
NUE
$56.4B
| $6.21M | 0.02% |
110,744
+7,631
| +7% | +$431K |
|
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.