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 | |
|---|---|---|---|---|---|---|
1026
Sempra
SRE
$59.7B
| $2.11M | 0.01% |
39,432
+7,560
| +24% | +$438K |
|
1027
iShares MSCI Thailand ETF
THD
$363M
| $2.1M | 0.01% |
22,756
+294
| +1% | +$26.2K |
|
1028
Zimmer Biomet
ZBH
$17.8B
| $2.1M | 0.01% |
17,947
-447
| -2% | -$50.5K |
|
|
BSCI
1029
DELISTED
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
| $2.1M | 0.01% |
99,620
-1,827
| -2% | -$38.6K |
|
1030
HSBC
HSBC
$357B
| $2.09M | 0.01% |
44,383
-8,601
| -16% | -$389K |
|
|
POT
1031
DELISTED
Potash Corp Of Saskatchewan
POT
| $2.09M | 0.01% |
101,284
-8,342
| -8% | -$162K |
|
|
TEF
1032
DELISTED
Telefonica
TEF
| $2.08M | 0.01% |
266,539
+17,040
| +7% | +$140K |
|
1033
iShares Yield Optimized Bond ETF
BYLD
$448M
| $2.08M | 0.01% |
83,287
+22,363
| +37% | +$560K |
|
1034
S&P Global
SPGI
$130B
| $2.08M | 0.01% |
12,292
+266
| +2% | +$43.4K |
|
|
GHII
1035
DELISTED
Invesco S&P High Income Infrastructure ETF
GHII
| $2.08M | 0.01% |
75,349
-3,899
| -5% | -$110K |
|
1036
iShares MSCI Poland ETF
EPOL
$671M
| $2.08M | 0.01% |
76,662
+6,079
| +9% | +$163K |
|
1037
Thor Industries
THO
$3.98B
| $2.08M | 0.01% |
13,771
+6,653
| +93% | +$925K |
|
1038
Pultegroup
PHM
$24.9B
| $2.08M | 0.01% |
62,392
-11,951
| -16% | -$371K |
|
1039
Celanese
CE
$4.87B
| $2.07M | 0.01% |
19,331
+2,282
| +13% | +$242K |
|
1040
Polaris
PII
$4.25B
| $2.07M | 0.01% |
16,679
+7,373
| +79% | +$875K |
|
1041
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$61.7M
| $2.07M | 0.01% |
53,508
+3,099
| +6% | +$118K |
|
1042
Columbia Emerging Markets Consumer ETF
ECON
$328M
| $2.06M | 0.01% |
73,339
+14,707
| +25% | +$408K |
|
1043
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.1B
| $2.04M | 0.01% |
73,436
-9,916
| -12% | -$276K |
|
1044
VanEck Agribusiness ETF
MOO
$988M
| $2.04M | 0.01% |
33,170
+1,927
| +6% | +$116K |
|
|
FLC
1045
Flaherty & Crumrine Total Return Fund
FLC
$174M
| $2.04M | 0.01% |
94,349
+3,687
| +4% | +$78.9K |
|
|
INC
1046
DELISTED
ISHARES U S ETF TRFXD INCOME BALANCED RISK ETF (DE)
INC
| $2.04M | 0.01% |
20,350
+5,358
| +36% | +$537K |
|
1047
Jack Henry & Associates
JKHY
$10.9B
| $2.03M | 0.01% |
17,345
-218
| -1% | -$24.4K |
|
|
HOLX
1048
DELISTED
Hologic
HOLX
| $2.02M | 0.01% |
47,281
+7,509
| +19% | +$300K |
|
1049
Martin Marietta Materials
MLM
$34.3B
| $2.01M | 0.01% |
9,094
+1,950
| +27% | +$408K |
|
1050
Starwood Property Trust
STWD
$6.15B
| $2.01M | 0.01% |
94,017
+4,376
| +5% | +$94.8K |
|
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.