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 | |
|---|---|---|---|---|---|---|
|
CS
926
DELISTED
Credit Suisse Group
CS
| $2.54M | 0.01% |
142,120
+22,394
| +19% | +$370K |
|
927
Radian Group
RDN
$5.18B
| $2.53M | 0.01% |
122,745
-3,799
| -3% | -$78.3K |
|
|
ETFC
928
DELISTED
E*Trade Financial Corporation
ETFC
| $2.53M | 0.01% |
51,038
+1,790
| +4% | +$82.2K |
|
929
VanEck Mortgage REIT Income ETF
MORT
$362M
| $2.53M | 0.01% |
104,948
+18,535
| +21% | +$451K |
|
|
XYZ
930
Block Inc
XYZ
$48.4B
| $2.53M | 0.01% |
72,893
-11,037
| -13% | -$404K |
|
|
IBDN
931
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $2.52M | 0.01% |
100,903
+62,219
| +161% | +$1.56M |
|
932
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$222M
| $2.51M | 0.01% |
104,637
+27,882
| +36% | +$642K |
|
933
Analog Devices
ADI
$181B
| $2.51M | 0.01% |
28,209
+3,243
| +13% | +$287K |
|
934
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $2.51M | 0.01% |
242,591
+18,256
| +8% | +$191K |
|
935
iShares MSCI India Small-Cap ETF
SMIN
$750M
| $2.5M | 0.01% |
47,582
+27,434
| +136% | +$1.35M |
|
936
ProShares Ultra S&P500
SSO
$7.72B
| $2.5M | 0.01% |
182,704
+3,568
| +2% | +$46.2K |
|
|
FEN
937
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $2.5M | 0.01% |
94,141
+10,894
| +13% | +$255K |
|
938
Monolithic Power Systems
MPWR
$65.8B
| $2.5M | 0.01% |
22,202
+5,771
| +35% | +$670K |
|
939
JB Hunt Transport Services
JBHT
$26.4B
| $2.49M | 0.01% |
21,616
+7,206
| +50% | +$776K |
|
|
IBMG
940
DELISTED
iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
| $2.48M | 0.01% |
97,882
+1,637
| +2% | +$41.6K |
|
|
BXMX
941
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $2.48M | 0.01% |
174,229
+7,823
| +5% | +$110K |
|
|
RSX
942
DELISTED
VanEck Russia ETF
RSX
| $2.48M | 0.01% |
116,739
-19,293
| -14% | -$423K |
|
943
Toyota
TM
$216B
| $2.47M | 0.01% |
19,445
+1,029
| +6% | +$128K |
|
944
XPO
XPO
$24.4B
| $2.47M | 0.01% |
77,883
+51,727
| +198% | +$1.32M |
|
945
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.06B
| $2.46M | 0.01% |
45,899
+29,349
| +177% | +$1.58M |
|
|
SNV
946
DELISTED
Synovus
SNV
| $2.45M | 0.01% |
51,138
-1,046
| -2% | -$49.5K |
|
947
DXC Technology
DXC
$1.68B
| $2.45M | 0.01% |
29,853
+4,246
| +17% | +$343K |
|
948
Hasbro
HAS
$12.8B
| $2.45M | 0.01% |
26,913
-1,148
| -4% | -$108K |
|
949
NOV
NOV
$7.35B
| $2.43M | 0.01% |
67,456
-6,645
| -9% | -$225K |
|
|
ABMD
950
DELISTED
Abiomed Inc
ABMD
| $2.43M | 0.01% |
12,942
-860
| -6% | -$161K |
|
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.