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 | |
|---|---|---|---|---|---|---|
1051
Align Technology
ALGN
$12.1B
| $1.79M | 0.01% |
9,496
+1,594
| +20% | +$273K |
|
|
B
1052
Barrick Mining
B
$62.1B
| $1.79M | 0.01% |
111,469
+18,828
| +20% | +$315K |
|
1053
RPM International
RPM
$13.7B
| $1.78M | 0.01% |
34,704
-2,843
| -8% | -$146K |
|
|
EEP
1054
DELISTED
Enbridge Energy Partners
EEP
| $1.78M | 0.01% |
111,447
+32,142
| +41% | +$495K |
|
1055
Cincinnati Financial
CINF
$28.6B
| $1.78M | 0.01% |
23,246
-2,741
| -11% | -$208K |
|
1056
Celanese
CE
$4.92B
| $1.78M | 0.01% |
17,049
+3,024
| +22% | +$297K |
|
1057
Cedar Fair
FUN
$1.79B
| $1.78M | 0.01% |
27,731
-846
| -3% | -$56.7K |
|
1058
PUT
Salesforce
CRM
$142B
| $1.77M | 0.01% |
19,000
+1,800
| +10% | +$166K |
|
|
SRCL
1059
DELISTED
Stericycle Inc
SRCL
| $1.77M | 0.01% |
24,908
-3,268
| -12% | -$240K |
|
|
USG
1060
DELISTED
Usg
USG
| $1.77M | 0.01% |
54,105
+4,886
| +10% | +$141K |
|
1061
Royal Caribbean
RCL
$78.7B
| $1.76M | 0.01% |
14,879
+9,116
| +158% | +$1.07M |
|
1062
Targa Resources
TRGP
$58.2B
| $1.76M | 0.01% |
37,226
+1,786
| +5% | +$81.2K |
|
1063
Prospect Capital
PSEC
$1.14B
| $1.75M | 0.01% |
261,000
-36,929
| -12% | -$277K |
|
1064
Global X SuperDividend US ETF
DIV
$790M
| $1.75M | 0.01% |
68,727
+3,888
| +6% | +$98.4K |
|
1065
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.5B
| $1.75M | 0.01% |
58,370
-38,174
| -40% | -$1.15M |
|
1066
Monolithic Power Systems
MPWR
$63.9B
| $1.75M | 0.01% |
16,431
+2,417
| +17% | +$245K |
|
|
TCP
1067
DELISTED
TC Pipelines LP
TCP
| $1.75M | 0.01% |
33,363
+57
| +0.2% | +$3.07K |
|
1068
Tower Semiconductor
TSEM
$24.6B
| $1.74M | 0.01% |
56,578
-29,828
| -35% | -$813K |
|
1069
Estee Lauder
EL
$29.5B
| $1.74M | 0.01% |
16,127
+9,272
| +135% | +$951K |
|
1070
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $1.74M | 0.01% |
71,807
-20,487
| -22% | -$496K |
|
1071
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$182M
| $1.73M | 0.01% |
25,358
+805
| +3% | +$54.9K |
|
1072
Centene
CNC
$31.3B
| $1.73M | 0.01% |
35,860
+548
| +2% | +$23.6K |
|
1073
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$222M
| $1.73M | 0.01% |
76,755
+18,339
| +31% | +$387K |
|
1074
iShares GNMA Bond ETF
GNMA
$423M
| $1.73M | 0.01% |
34,672
-2,555
| -7% | -$127K |
|
1075
Newmont
NEM
$98B
| $1.72M | 0.01% |
45,970
+10,170
| +28% | +$369K |
|
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.