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 | |
|---|---|---|---|---|---|---|
1051
Schwab US REIT ETF
SCHH
$11.7B
| $2.01M | 0.01% |
96,424
-856
| -0.9% | -$17.8K |
|
|
BSJM
1052
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $2M | 0.01% |
80,463
+19,730
| +32% | +$497K |
|
1053
Whirlpool
WHR
$2.44B
| $2M | 0.01% |
11,837
-27,780
| -70% | -$4.71M |
|
1054
Compass Minerals
CMP
$1.25B
| $1.99M | 0.01% |
27,610
+6,325
| +30% | +$426K |
|
|
HBI
1055
DELISTED
Hanesbrands
HBI
| $1.99M | 0.01% |
95,236
-30,934
| -25% | -$661K |
|
|
TCP
1056
DELISTED
TC Pipelines LP
TCP
| $1.99M | 0.01% |
37,492
+4,129
| +12% | +$217K |
|
1057
SEI Investments
SEIC
$12.2B
| $1.99M | 0.01% |
27,624
+2,916
| +12% | +$195K |
|
1058
Invesco Biotechnology & Genome ETF
PBE
$282M
| $1.98M | 0.01% |
42,059
+34
| +0.1% | +$1.59K |
|
|
MIC
1059
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $1.98M | 0.01% |
30,910
-6,187
| -17% | -$419K |
|
1060
PUT
Salesforce
CRM
$142B
| $1.98M | 0.01% |
19,400
+400
| +2% | +$40.8K |
|
1061
Iron Mountain
IRM
$37.8B
| $1.98M | 0.01% |
52,491
-6,936
| -12% | -$275K |
|
1062
Royal Caribbean
RCL
$81.8B
| $1.98M | 0.01% |
16,597
+1,718
| +12% | +$213K |
|
1063
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$1.99B
| $1.98M | 0.01% |
91,393
+16,741
| +22% | +$358K |
|
|
EUMV
1064
DELISTED
iShares Edge MSCI Min Vol Europe ETF
EUMV
| $1.98M | 0.01% |
77,952
-26,258
| -25% | -$663K |
|
|
HPI
1065
John Hancock Preferred Income Fund
HPI
$430M
| $1.97M | 0.01% |
92,097
+14,570
| +19% | +$315K |
|
|
PSB
1066
DELISTED
PS Business Parks, Inc.
PSB
| $1.97M | 0.01% |
+15,762
| New | +$2.08M |
|
1067
Hartford Financial Services
HIG
$38.4B
| $1.97M | 0.01% |
35,014
-17,149
| -33% | -$957K |
|
|
CERN
1068
DELISTED
Cerner Corp
CERN
| $1.97M | 0.01% |
29,252
+1,503
| +5% | +$104K |
|
1069
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.84B
| $1.97M | 0.01% |
43,402
+5,859
| +16% | +$262K |
|
1070
Air Products & Chemicals
APD
$65.2B
| $1.97M | 0.01% |
11,995
+1,589
| +15% | +$253K |
|
1071
ING
ING
$95.7B
| $1.97M | 0.01% |
106,596
-69,314
| -39% | -$1.27M |
|
1072
Royal Gold
RGLD
$17.1B
| $1.97M | 0.01% |
23,969
-1,454
| -6% | -$125K |
|
|
BRSL
1073
Brightstar Lottery PLC
BRSL
$1.93B
| $1.96M | 0.01% |
+74,013
| New | +$1.9M |
|
|
B
1074
Barrick Mining
B
$62.6B
| $1.96M | 0.01% |
135,510
+24,041
| +22% | +$354K |
|
1075
First Trust S&P REIT Index Fund
FRI
$194M
| $1.96M | 0.01% |
84,197
-195,382
| -70% | -$4.58M |
|
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.