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 | |
|---|---|---|---|---|---|---|
876
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.21B
| $2.47M | 0.01% |
79,381
+8,049
| +11% | +$243K |
|
877
Dentsply Sirona
XRAY
$2.59B
| $2.47M | 0.01% |
41,259
+4,159
| +11% | +$247K |
|
878
Edison International
EIX
$30.7B
| $2.46M | 0.01% |
31,946
-9
| -0% | -$712 |
|
|
HQL
879
abrdn Life Sciences Investors
HQL
$585M
| $2.46M | 0.01% |
114,626
+31,693
| +38% | +$673K |
|
880
State Street SPDR S&P Insurance ETF
KIE
$619M
| $2.46M | 0.01% |
82,029
-37,875
| -32% | -$1.13M |
|
881
Nuveen Real Asset Income & Growth Fund
JRI
$358M
| $2.46M | 0.01% |
136,599
+9,779
| +8% | +$176K |
|
|
MRSH
882
Marsh
MRSH
$86.3B
| $2.46M | 0.01% |
29,325
+11,308
| +63% | +$896K |
|
|
IBMG
883
DELISTED
iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
| $2.45M | 0.01% |
96,245
+10,629
| +12% | +$271K |
|
884
iShares MSCI USA Equal Weighted ETF
EUSA
$1.84B
| $2.45M | 0.01% |
46,687
-699
| -1% | -$35.9K |
|
885
Helen of Troy
HELE
$663M
| $2.45M | 0.01% |
25,247
-1,336
| -5% | -$128K |
|
886
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
| $2.43M | 0.01% |
1,851
+34
| +2% | +$45.2K |
|
887
Rockwell Automation
ROK
$51.4B
| $2.43M | 0.01% |
13,647
+3,737
| +38% | +$622K |
|
888
Healthpeak Properties
DOC
$15.4B
| $2.43M | 0.01% |
87,249
-3,679
| -4% | -$111K |
|
|
XYZ
889
Block Inc
XYZ
$45.9B
| $2.42M | 0.01% |
83,930
+40,307
| +92% | +$1.06M |
|
890
Progressive
PGR
$124B
| $2.41M | 0.01% |
49,839
+12,814
| +35% | +$599K |
|
|
SNV
891
DELISTED
Synovus
SNV
| $2.4M | 0.01% |
52,184
+1,329
| +3% | +$57.6K |
|
892
Amphenol
APH
$188B
| $2.4M | 0.01% |
113,388
-4,780
| -4% | -$93.9K |
|
893
HSBC
HSBC
$355B
| $2.39M | 0.01% |
52,984
+2,705
| +5% | +$120K |
|
|
SVC
894
Service Properties Trust
SVC
$1.1B
| $2.39M | 0.01% |
16,772
+927
| +6% | +$131K |
|
895
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.07B
| $2.38M | 0.01% |
83,352
+2,526
| +3% | +$72.3K |
|
896
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $2.37M | 0.01% |
224,335
-18,203
| -8% | -$191K |
|
|
CEZ
897
DELISTED
VictoryShares Emerging Market Volatility Wtd ETF
CEZ
| $2.37M | 0.01% |
82,546
+6,362
| +8% | +$184K |
|
|
ABMD
898
DELISTED
Abiomed Inc
ABMD
| $2.37M | 0.01% |
13,802
+4,000
| +41% | +$605K |
|
|
BSCM
899
DELISTED
Invesco BulletShares 2022 Corporate Bond ETF
BSCM
| $2.37M | 0.01% |
110,622
+7,100
| +7% | +$152K |
|
900
ASML
ASML
$675B
| $2.37M | 0.01% |
13,817
+3,977
| +40% | +$609K |
|
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.