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 | |
|---|---|---|---|---|---|---|
1026
KeyCorp
KEY
$24.3B
| $1.72M | 0.01% |
+91,889
| New | +$1.66M |
|
1027
iShares MSCI Indonesia ETF
EIDO
$476M
| $1.72M | 0.01% |
63,247
-3,054
| -5% | -$81.5K |
|
1028
W.W. Grainger
GWW
$65.3B
| $1.72M | 0.01% |
9,530
-188
| -2% | -$35.5K |
|
|
XLNX
1029
DELISTED
Xilinx Inc
XLNX
| $1.72M | 0.01% |
26,684
-8,029
| -23% | -$507K |
|
1030
Humana
HUM
$46.7B
| $1.71M | 0.01% |
7,116
-508
| -7% | -$115K |
|
1031
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.36B
| $1.71M | 0.01% |
33,884
-6,653
| -16% | -$336K |
|
|
VVC
1032
DELISTED
Vectren Corporation
VVC
| $1.71M | 0.01% |
29,242
-3,630
| -11% | -$218K |
|
1033
iShares MSCI Thailand ETF
THD
$361M
| $1.71M | 0.01% |
21,914
-378
| -2% | -$29.5K |
|
1034
Rithm Capital
RITM
$5.09B
| $1.71M | 0.01% |
109,706
-16,848
| -13% | -$279K |
|
1035
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $1.71M | 0.01% |
143,849
-325,217
| -69% | -$3.83M |
|
1036
ScottsMiracle-Gro
SMG
$4.03B
| $1.7M | 0.01% |
+19,013
| New | +$1.71M |
|
1037
Analog Devices
ADI
$181B
| $1.7M | 0.01% |
21,870
+17,062
| +355% | +$1.36M |
|
|
DSL
1038
DoubleLine Income Solutions Fund
DSL
$1.21B
| $1.7M | 0.01% |
82,273
-598,780
| -88% | -$12.3M |
|
1039
Corpay
CPAY
$24.2B
| $1.69M | 0.01% |
11,752
-806
| -6% | -$115K |
|
1040
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$180M
| $1.68M | 0.01% |
24,553
+1,807
| +8% | +$124K |
|
1041
NOV
NOV
$7.45B
| $1.68M | 0.01% |
+51,057
| New | +$1.76M |
|
1042
First Trust Multi Cap Value AlphaDEX Fund
FAB
$152M
| $1.68M | 0.01% |
32,091
-5,980
| -16% | -$309K |
|
1043
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.83B
| $1.67M | 0.01% |
39,878
+416
| +1% | +$17.2K |
|
1044
Global X SuperIncome Preferred ETF
SPFF
$139M
| $1.65M | 0.01% |
128,690
+14,058
| +12% | +$181K |
|
1045
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.7B
| $1.65M | 0.01% |
45,870
+1,644
| +4% | +$58.2K |
|
1046
Global X SuperDividend US ETF
DIV
$787M
| $1.65M | 0.01% |
64,839
-5,297
| -8% | -$134K |
|
1047
Alliant Energy
LNT
$19.4B
| $1.64M | 0.01% |
40,930
-1,065
| -3% | -$43.1K |
|
1048
S&P Global
SPGI
$126B
| $1.64M | 0.01% |
+11,261
| New | +$1.56M |
|
1049
Tractor Supply
TSCO
$16.3B
| $1.64M | 0.01% |
151,775
-49,020
| -24% | -$584K |
|
1050
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.66B
| $1.64M | 0.01% |
46,493
+18,765
| +68% | +$661K |
|
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.