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 | |
|---|---|---|---|---|---|---|
676
Reaves Utility Income Fund
UTG
$3.64B
| $2.73M | 0.02% |
84,406
-8,166
| -9% | -$267K |
|
677
iShares Biotechnology ETF
IBB
$9.44B
| $2.73M | 0.02% |
28,110
+5,304
| +23% | +$508K |
|
678
VanEck Preferred Securities ex Financials ETF
PFXF
$2.4B
| $2.73M | 0.02% |
135,953
+261
| +0.2% | +$5.18K |
|
679
ProShares Ultra S&P500
SSO
$7.72B
| $2.72M | 0.02% |
257,304
-80,352
| -24% | -$825K |
|
680
Gabelli Equity Trust
GAB
$1.75B
| $2.72M | 0.02% |
472,676
+28,110
| +6% | +$159K |
|
681
Marathon Petroleum
MPC
$91.2B
| $2.72M | 0.02% |
54,373
+3,974
| +8% | +$198K |
|
682
Lockheed Martin
LMT
$134B
| $2.7M | 0.02% |
10,064
-4,902
| -33% | -$1.28M |
|
683
WisdomTree US SmallCap Earnings Fund
EES
$721M
| $2.7M | 0.02% |
85,243
-14,237
| -14% | -$459K |
|
684
Boston Scientific
BSX
$67.6B
| $2.7M | 0.02% |
108,216
+11,532
| +12% | +$280K |
|
|
MON
685
DELISTED
Monsanto Co
MON
| $2.69M | 0.02% |
23,620
+4,151
| +21% | +$459K |
|
686
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $2.69M | 0.02% |
16,792
+4,422
| +36% | +$702K |
|
687
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.1B
| $2.69M | 0.02% |
95,004
-7,202
| -7% | -$203K |
|
688
Chevron
CVX
$378B
| $2.69M | 0.02% |
24,957
+757
| +3% | +$84.9K |
|
689
Xcel Energy
XEL
$50.4B
| $2.68M | 0.02% |
60,439
+2,115
| +4% | +$89.6K |
|
|
COL
690
DELISTED
Rockwell Collins
COL
| $2.68M | 0.02% |
27,522
+4,232
| +18% | +$398K |
|
691
Mohawk Industries
MHK
$7.05B
| $2.67M | 0.02% |
11,710
+4,328
| +59% | +$951K |
|
|
CIT
692
DELISTED
CIT Group Inc.
CIT
| $2.67M | 0.02% |
62,808
-4,700
| -7% | -$199K |
|
693
BlackRock Enhanced Captial and Income Fund
CII
$984M
| $2.66M | 0.02% |
186,706
+5,604
| +3% | +$79K |
|
694
iShares Morningstar Small-Cap Growth ETF
ISCG
$975M
| $2.66M | 0.02% |
105,216
-306
| -0.3% | -$7.68K |
|
695
iShares North American Natural Resources ETF
IGE
$735M
| $2.65M | 0.02% |
77,716
-1,253
| -2% | -$44.1K |
|
|
PHK
696
PIMCO High Income Fund
PHK
$863M
| $2.65M | 0.02% |
304,519
-43,159
| -12% | -$391K |
|
697
Western Union
WU
$2.55B
| $2.65M | 0.02% |
133,950
-9,346
| -7% | -$191K |
|
698
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$244M
| $2.64M | 0.02% |
160,462
+104,873
| +189% | +$1.67M |
|
699
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $2.62M | 0.02% |
60,546
+1,400
| +2% | +$59.9K |
|
|
PGP
700
PIMCO Global StockPLUS & Income Fund
PGP
$96.8M
| $2.62M | 0.02% |
150,145
+20,024
| +15% | +$343K |
|
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.