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 | |
|---|---|---|---|---|---|---|
1076
Ameriprise Financial
AMP
$47.3B
| $1.72M | 0.01% |
11,598
+3,115
| +37% | +$435K |
|
1077
Equinix
EQIX
$103B
| $1.72M | 0.01% |
3,854
+477
| +14% | +$214K |
|
1078
iShares MSCI Belgium ETF
EWK
$162M
| $1.72M | 0.01% |
81,205
-2,422
| -3% | -$49.8K |
|
1079
iShares MSCI Austria ETF
EWO
$174M
| $1.72M | 0.01% |
+73,429
| New | +$1.67M |
|
1080
Old Republic International
ORI
$10.5B
| $1.72M | 0.01% |
87,294
-10,674
| -11% | -$207K |
|
1081
Invesco Next Gen Media and Gaming ETF
GGME
$44.4M
| $1.71M | 0.01% |
61,487
-8,454
| -12% | -$236K |
|
1082
PG&E
PCG
$47B
| $1.71M | 0.01% |
25,090
-1,030
| -4% | -$70.6K |
|
1083
Dolby
DLB
$4.88B
| $1.7M | 0.01% |
29,607
+23,891
| +418% | +$1.25M |
|
|
DYLS
1084
DELISTED
WisdomTree Dynamic Long/Short U.S. Equity Fund
DYLS
| $1.7M | 0.01% |
55,205
+3,822
| +7% | +$115K |
|
|
HPI
1085
John Hancock Preferred Income Fund
HPI
$428M
| $1.7M | 0.01% |
77,527
+3,947
| +5% | +$86.2K |
|
1086
PBF Energy
PBF
$7.34B
| $1.7M | 0.01% |
61,465
+19,166
| +45% | +$444K |
|
|
EXAS
1087
DELISTED
Exact Sciences
EXAS
| $1.69M | 0.01% |
35,799
-2,761
| -7% | -$111K |
|
1088
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $1.69M | 0.01% |
16,676
+5,974
| +56% | +$603K |
|
1089
Olin
OLN
$2.51B
| $1.68M | 0.01% |
49,124
+2,761
| +6% | +$86.1K |
|
|
HYLD
1090
DELISTED
High Yield ETF
HYLD
| $1.68M | 0.01% |
46,640
-6,472
| -12% | -$233K |
|
1091
Towne Bank
TOWN
$3.44B
| $1.67M | 0.01% |
49,872
+28,439
| +133% | +$885K |
|
1092
Under Armour Class C
UA
$2.95B
| $1.67M | 0.01% |
111,236
-9,753
| -8% | -$164K |
|
1093
Liberty All-Star Equity Fund
USA
$1.76B
| $1.67M | 0.01% |
277,116
+58,142
| +27% | +$334K |
|
1094
Edwards Lifesciences
EW
$48.1B
| $1.67M | 0.01% |
45,813
+186
| +0.4% | +$7.09K |
|
1095
Applied Optoelectronics
AAOI
$7.7B
| $1.67M | 0.01% |
25,750
+12,106
| +89% | +$856K |
|
1096
Sensata Technologies
ST
$6.66B
| $1.66M | 0.01% |
34,594
-1,492
| -4% | -$67.4K |
|
1097
iShares Russell Top 200 ETF
IWL
$2.16B
| $1.66M | 0.01% |
28,832
-30
| -0.1% | -$1.7K |
|
1098
iShares MSCI Indonesia ETF
EIDO
$470M
| $1.66M | 0.01% |
62,170
-1,077
| -2% | -$29K |
|
1099
Ulta Beauty
ULTA
$20.7B
| $1.66M | 0.01% |
7,372
-6,191
| -46% | -$1.49M |
|
|
VAR
1100
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.66M | 0.01% |
16,459
+7,939
| +93% | +$815K |
|
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.