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 | |
|---|---|---|---|---|---|---|
751
iShares MSCI Germany ETF
EWG
$1.55B
| $3.93M | 0.01% |
119,047
-274,307
| -70% | -$9.03M |
|
|
PCI
752
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $3.91M | 0.01% |
174,130
+20,041
| +13% | +$453K |
|
753
iShares Core MSCI Europe ETF
IEUR
$8.78B
| $3.9M | 0.01% |
77,841
+19,037
| +32% | +$947K |
|
754
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.93B
| $3.9M | 0.01% |
193,684
+136,463
| +238% | +$2.75M |
|
755
Lam Research
LRCX
$349B
| $3.9M | 0.01% |
211,720
-17,560
| -8% | -$345K |
|
756
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $3.89M | 0.01% |
28,569
-11,255
| -28% | -$1.53M |
|
757
Bank of America Series L
BAC.PRL
$3.97B
| $3.88M | 0.01% |
2,941
+59
| +2% | +$77.7K |
|
758
Nuveen Municipal Value Fund
NUV
$1.9B
| $3.87M | 0.01% |
381,668
+45,038
| +13% | +$458K |
|
759
Microchip Technology
MCHP
$41.5B
| $3.84M | 0.01% |
87,448
-25,382
| -22% | -$1.15M |
|
|
LEAD
760
DELISTED
Siren DIVCON Leaders Dividend ETF
LEAD
| $3.81M | 0.01% |
119,216
+9,783
| +9% | +$300K |
|
|
SPLK
761
DELISTED
Splunk Inc
SPLK
| $3.81M | 0.01% |
45,990
+1,008
| +2% | +$74K |
|
|
VMW
762
DELISTED
VMware, Inc
VMW
| $3.81M | 0.01% |
30,379
+2,253
| +8% | +$270K |
|
763
W.W. Grainger
GWW
$65.1B
| $3.8M | 0.01% |
16,069
+1,139
| +8% | +$236K |
|
764
State Street Global Allocation ETF
GAL
$302M
| $3.78M | 0.01% |
98,700
+23,264
| +31% | +$876K |
|
|
IBDM
765
DELISTED
iShares iBonds Dec 2021 Term Corporate ETF
IBDM
| $3.77M | 0.01% |
152,004
+17,622
| +13% | +$439K |
|
|
BSCJ
766
DELISTED
Invesco BulletShares 2019 Corporate Bond ETF
BSCJ
| $3.76M | 0.01% |
178,151
+9,065
| +5% | +$192K |
|
767
Intuit
INTU
$83.8B
| $3.73M | 0.01% |
23,661
+3,053
| +15% | +$465K |
|
768
Cognizant
CTSH
$22.3B
| $3.71M | 0.01% |
52,238
-2,388
| -4% | -$175K |
|
769
American International
AIG
$42.3B
| $3.69M | 0.01% |
62,013
+1,120
| +2% | +$68.8K |
|
770
VanEck Preferred Securities ex Financials ETF
PFXF
$2.39B
| $3.68M | 0.01% |
187,302
+62,624
| +50% | +$1.24M |
|
771
Invesco S&P 500 BuyWrite ETF
PBP
$351M
| $3.68M | 0.01% |
171,566
+3,263
| +2% | +$73.3K |
|
772
AGNC Investment
AGNC
$12.4B
| $3.67M | 0.01% |
181,546
-26,802
| -13% | -$551K |
|
773
Magna International
MGA
$17.9B
| $3.66M | 0.01% |
64,579
-10,434
| -14% | -$574K |
|
774
IPG Photonics
IPGP
$3.73B
| $3.66M | 0.01% |
17,075
-453
| -3% | -$96.2K |
|
|
SPYM
775
State Street SPDR Portfolio S&P 500 ETF
SPYM
$159B
| $3.64M | 0.01% |
116,375
+10,227
| +10% | +$312K |
|
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.