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 | |
|---|---|---|---|---|---|---|
701
Healthpeak Properties
DOC
$15.5B
| $2.61M | 0.02% |
83,966
-18,737
| -18% | -$575K |
|
702
iShares US Home Construction ETF
ITB
$2.35B
| $2.6M | 0.02% |
81,638
+6,446
| +9% | +$193K |
|
|
PDT
703
John Hancock Premium Dividend Fund
PDT
$637M
| $2.59M | 0.02% |
162,061
+6,986
| +5% | +$110K |
|
704
PayPal
PYPL
$49.5B
| $2.59M | 0.02% |
60,730
+7,778
| +15% | +$325K |
|
|
STZ.B
705
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.58M | 0.02% |
15,999
| – | – |
|
706
Sensata Technologies
ST
$6.75B
| $2.58M | 0.02% |
60,418
-972
| -2% | -$40.7K |
|
707
Plains All American Pipeline
PAA
$17.1B
| $2.58M | 0.02% |
82,164
+4,403
| +6% | +$139K |
|
708
Aon
AON
$78.4B
| $2.56M | 0.02% |
21,596
+314
| +1% | +$36.2K |
|
709
Synchrony
SYF
$24.5B
| $2.55M | 0.02% |
75,638
-5,166
| -6% | -$185K |
|
710
Pacer Trendpilot European Index ETF
PTEU
$36.5M
| $2.55M | 0.02% |
98,114
+46,311
| +89% | +$1.15M |
|
711
Bank of Montreal
BMO
$125B
| $2.55M | 0.02% |
34,165
-1,321
| -4% | -$99.8K |
|
712
BlackRock Enhanced Global Dividend Trust
BOE
$661M
| $2.54M | 0.02% |
205,203
+9,837
| +5% | +$120K |
|
713
iShares MSCI USA Value Factor ETF
VLUE
$9.38B
| $2.54M | 0.02% |
34,882
+853
| +3% | +$62K |
|
|
BSJL
714
DELISTED
Invesco BulletShares 2021 High Yield Corporate Bond ETF
BSJL
| $2.54M | 0.02% |
101,786
+16,871
| +20% | +$420K |
|
|
PCN
715
PIMCO Corporate & Income Strategy Fund
PCN
$869M
| $2.53M | 0.02% |
157,992
-8,999
| -5% | -$141K |
|
716
Cencora
COR
$60.5B
| $2.52M | 0.02% |
28,893
+4,652
| +19% | +$409K |
|
|
BSCH
717
DELISTED
Guggenheim BulletShares 2017 Corporate Bond ETF
BSCH
| $2.52M | 0.02% |
111,626
-9,663
| -8% | -$219K |
|
718
Steel Dynamics
STLD
$36.1B
| $2.52M | 0.02% |
71,825
+58,239
| +429% | +$2.08M |
|
719
First Trust Nasdaq Bank ETF
FTXO
$305M
| $2.51M | 0.02% |
97,014
+86,294
| +805% | +$2.3M |
|
720
First Trust Rising Dividend Achievers ETF
RDVY
$24.6B
| $2.5M | 0.02% |
94,745
+59,375
| +168% | +$1.54M |
|
721
BlackRock MuniHoldings California Quality Fund
MUC
$1B
| $2.48M | 0.02% |
175,416
+59,749
| +52% | +$847K |
|
722
NNN REIT
NNN
$9.36B
| $2.46M | 0.02% |
56,251
+2,476
| +5% | +$110K |
|
723
ExxonMobil
XOM
$642B
| $2.46M | 0.02% |
30,033
-8,580
| -22% | -$717K |
|
|
TWX
724
DELISTED
Time Warner Inc
TWX
| $2.46M | 0.02% |
25,105
-2,859
| -10% | -$277K |
|
725
iShare MSCI Eurozone ETF
EZU
$9.45B
| $2.46M | 0.02% |
65,545
-94,171
| -59% | -$3.38M |
|
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.