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 Total Bond Market
BND
|
+$746M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$629M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$493M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$411M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$86.2M |
| 2 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$30.8M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$29.7M |
| 4 |
iShares S&P 500 Value ETF
IVE
|
+$26M |
| 5 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$23.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.78% |
| 2 | Technology | 2.72% |
| 3 | Healthcare | 2.43% |
| 4 | Industrials | 2.36% |
| 5 | Communication Services | 2.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Tapestry
TPR
$28.8B
| $2.6M | 0.01% |
+54,842
| New | +$2.4M |
|
802
Cheniere Energy
LNG
$56.5B
| $2.59M | 0.01% |
53,254
+16,240
| +44% | +$775K |
|
803
Acadia Pharmaceuticals
ACAD
$4.25B
| $2.56M | 0.01% |
+91,955
| New | +$2.74M |
|
804
State Street Global Allocation ETF
GAL
$302M
| $2.56M | 0.01% |
72,096
+9,564
| +15% | +$338K |
|
805
Gentex
GNTX
$4.88B
| $2.56M | 0.01% |
135,428
+99,753
| +280% | +$1.94M |
|
806
iShares 0-5 Year TIPS Bond ETF
STIP
$15.8B
| $2.56M | 0.01% |
25,500
-14,514
| -36% | -$1.46M |
|
807
Church & Dwight Co
CHD
$23.1B
| $2.55M | 0.01% |
49,401
+40,078
| +430% | +$2.05M |
|
808
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.18B
| $2.55M | 0.01% |
91,719
+5,422
| +6% | +$148K |
|
|
PXD
809
DELISTED
Pioneer Natural Resource Co.
PXD
| $2.54M | 0.01% |
15,947
+8,923
| +127% | +$1.53M |
|
810
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
| $2.54M | 0.01% |
27,795
-27,968
| -50% | -$2.56M |
|
811
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $2.52M | 0.01% |
242,538
-216,569
| -47% | -$2.2M |
|
812
ROBO Global Robotics & Automation Index ETF
ROBO
$1.9B
| $2.52M | 0.01% |
73,503
+31,038
| +73% | +$1.05M |
|
813
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$16.9B
| $2.52M | 0.01% |
90,708
-121,107
| -57% | -$3.3M |
|
814
Invesco DB Base Metals Fund
DBB
$306M
| $2.51M | 0.01% |
153,476
+37,709
| +33% | +$596K |
|
|
SPYM
815
State Street SPDR Portfolio S&P 500 ETF
SPYM
$158B
| $2.51M | 0.01% |
88,164
+11,000
| +14% | +$310K |
|
816
Akamai
AKAM
$16.8B
| $2.5M | 0.01% |
50,260
-9,358
| -16% | -$494K |
|
|
HBI
817
DELISTED
Hanesbrands
HBI
| $2.5M | 0.01% |
+108,044
| New | +$2.33M |
|
818
Helen of Troy
HELE
$663M
| $2.5M | 0.01% |
+26,583
| New | +$2.47M |
|
819
Edison International
EIX
$30.7B
| $2.5M | 0.01% |
31,955
+21,441
| +204% | +$1.72M |
|
820
FlexShares Quality Dividend Index Fund
QDF
$2.21B
| $2.49M | 0.01% |
60,707
+7,077
| +13% | +$290K |
|
821
Macy's
M
$6.15B
| $2.48M | 0.01% |
106,870
-41,271
| -28% | -$1.06M |
|
822
Lear
LEA
$7.19B
| $2.48M | 0.01% |
17,434
+10,802
| +163% | +$1.53M |
|
823
AerCap
AER
$23.9B
| $2.48M | 0.01% |
53,283
-29,409
| -36% | -$1.33M |
|
824
iShares Core MSCI Europe ETF
IEUR
$8.66B
| $2.47M | 0.01% |
52,793
+10,846
| +26% | +$503K |
|
825
Conagra Brands
CAG
$7.07B
| $2.46M | 0.01% |
+68,737
| New | +$2.66M |
|
Similar funds
LPL Financial's Q2 2017 Portfolio in Review
As of Q2 2017, LPL Financial held 3,108 positions worth $26.4B, up 80% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $11.3B of net new capital in Q2 2017, opening 409 new positions and adding to 1,228 existing holdings. Its largest new stake was State Street SPDR S&P Dividend ETF: 1,023,486 shares worth $91M.
By sector, the portfolio is most concentrated in Financials at 2.8% of assets, up from 2.4% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $86.2M trimmed.
- LPL Financial's largest Q2 2017 buy was State Street SPDR S&P Dividend ETF: 1,023,486 shares worth $91M.
- LPL Financial added most to Vanguard Total Bond Market in Q2 2017, an estimated $746M increase.
- LPL Financial's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $86.2M.
- LPL Financial fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $5.54M.
- LPL Financial's ten largest holdings make up 24% of its $26.4B portfolio in Q2 2017.
- LPL Financial opened 409 new positions and closed 314 in Q2 2017.
- LPL Financial's portfolio value rose 80% quarter-over-quarter to $26.4B.
Based on LPL Financial's 13F filing for Q2 2017, filed 14 Aug 2017.