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 | |
|---|---|---|---|---|---|---|
1001
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$667M
| $1.49M | 0.01% |
32,602
+642
| +2% | +$27.9K |
|
1002
NewMarket
NEU
$7.13B
| $1.49M | 0.01% |
3,292
-92
| -3% | -$40.3K |
|
1003
Chipotle Mexican Grill
CMG
$42.6B
| $1.49M | 0.01% |
164,050
+32,100
| +24% | +$265K |
|
|
DYLS
1004
DELISTED
WisdomTree Dynamic Long/Short U.S. Equity Fund
DYLS
| $1.48M | 0.01% |
51,221
+7,081
| +16% | +$201K |
|
1005
Harley-Davidson
HOG
$2.61B
| $1.48M | 0.01% |
24,070
-540
| -2% | -$31.7K |
|
1006
M&T Bank
MTB
$36B
| $1.48M | 0.01% |
9,575
-362
| -4% | -$58.6K |
|
1007
ProShares Ultra Bloomberg Crude Oil
UCO
$414M
| $1.48M | 0.01% |
12,633
-3,580
| -22% | -$464K |
|
|
FIF
1008
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $1.48M | 0.01% |
75,860
+9,507
| +14% | +$179K |
|
|
ACV
1009
Virtus Diversified Income & Convertible Fund
ACV
$278M
| $1.47M | 0.01% |
72,113
+26,879
| +59% | +$532K |
|
1010
Viatris
VTRS
$20.5B
| $1.47M | 0.01% |
37,553
+10,265
| +38% | +$414K |
|
1011
Infosys
INFY
$47.4B
| $1.46M | 0.01% |
188,604
+37,916
| +25% | +$283K |
|
1012
Energy Transfer Partners
ET
$68.5B
| $1.45M | 0.01% |
74,710
+3,714
| +5% | +$70K |
|
|
XLPS
1013
DELISTED
POWERSHARES S&P SMALLCAP CONSUMER STAPLES PORT
XLPS
| $1.45M | 0.01% |
21,246
-8,711
| -29% | -$594K |
|
1014
Everest Group
EG
$15.4B
| $1.45M | 0.01% |
6,191
-138
| -2% | -$31.5K |
|
|
PPT
1015
Franklin Premier Income Trust
PPT
$323M
| $1.45M | 0.01% |
273,868
+164,276
| +150% | +$856K |
|
1016
SEI Investments
SEIC
$12.2B
| $1.45M | 0.01% |
28,983
+444
| +2% | +$22.4K |
|
1017
CME Group
CME
$91.8B
| $1.44M | 0.01% |
12,249
-3,254
| -21% | -$391K |
|
|
PKO
1018
DELISTED
Pimco Income Opportunity Fund
PKO
| $1.44M | 0.01% |
57,540
+6,415
| +13% | +$156K |
|
1019
State Street SPDR S&P Retail ETF
XRT
$448M
| $1.43M | 0.01% |
34,391
-4,136
| -11% | -$178K |
|
1020
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.25B
| $1.43M | 0.01% |
18,992
+72
| +0.4% | +$5.46K |
|
1021
Simon Property Group
SPG
$75.1B
| $1.43M | 0.01% |
8,196
-643
| -7% | -$115K |
|
|
USG
1022
DELISTED
Usg
USG
| $1.42M | 0.01% |
45,410
+171
| +0.4% | +$5.44K |
|
1023
AdvisorShares Insider Advantage ETF
SURE
$56.6M
| $1.42M | 0.01% |
21,949
+1,649
| +8% | +$108K |
|
1024
Qorvo
QRVO
$7.92B
| $1.42M | 0.01% |
20,858
+2,737
| +15% | +$176K |
|
1025
iShares US Equity Factor ETF
LRGF
$3.54B
| $1.42M | 0.01% |
50,968
+3,800
| +8% | +$105K |
|
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.