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 | |
|---|---|---|---|---|---|---|
|
B
1126
Barrick Mining
B
$62.2B
| $1.47M | 0.01% |
92,641
-15,387
| -14% | -$263K |
|
1127
HF Sinclair
DINO
$15.9B
| $1.47M | 0.01% |
+53,596
| New | +$1.43M |
|
|
TFCFA
1128
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.47M | 0.01% |
51,744
-15,613
| -23% | -$449K |
|
1129
iShares JPMorgan EM Corporate Bond ETF
CEMB
$393M
| $1.46M | 0.01% |
28,725
+2,100
| +8% | +$107K |
|
1130
Cameco
CCJ
$38.3B
| $1.46M | 0.01% |
160,288
+13,367
| +9% | +$133K |
|
|
PDT
1131
John Hancock Premium Dividend Fund
PDT
$634M
| $1.46M | 0.01% |
87,070
-74,991
| -46% | -$1.24M |
|
|
SJR
1132
DELISTED
Shaw Communications Inc.
SJR
| $1.45M | 0.01% |
66,577
+4,266
| +7% | +$91.7K |
|
|
ELLI
1133
DELISTED
Ellie Mae Inc
ELLI
| $1.45M | 0.01% |
13,194
+6,070
| +85% | +$657K |
|
1134
Equinix
EQIX
$107B
| $1.45M | 0.01% |
+3,377
| New | +$1.43M |
|
|
CXO
1135
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.45M | 0.01% |
11,927
+3,687
| +45% | +$466K |
|
|
PXLC
1136
DELISTED
POWERSHARES FUNDAMENTAL PURE LARGE CORE PORTFOLIO
PXLC
| $1.45M | 0.01% |
30,252
+3,850
| +15% | +$184K |
|
1137
Steris
STE
$20.9B
| $1.44M | 0.01% |
17,632
+14,769
| +516% | +$1.12M |
|
1138
CME Group
CME
$92.2B
| $1.44M | 0.01% |
11,484
-765
| -6% | -$91.5K |
|
|
NVO
1139
Novo Nordisk
NVO
$216B
| $1.44M | 0.01% |
66,964
+52,724
| +370% | +$1.06M |
|
1140
O'Reilly Automotive
ORLY
$72.4B
| $1.43M | 0.01% |
98,355
-19,815
| -17% | -$324K |
|
1141
Essential Utilities
WTRG
$11.2B
| $1.43M | 0.01% |
43,078
+1,640
| +4% | +$53.8K |
|
1142
Arrow Dow Jones Global Yield ETF
GYLD
$36.5M
| $1.43M | 0.01% |
78,250
-2,141
| -3% | -$39.5K |
|
|
USG
1143
DELISTED
Usg
USG
| $1.43M | 0.01% |
49,219
+3,809
| +8% | +$114K |
|
1144
Barings BDC
BBDC
$862M
| $1.42M | 0.01% |
80,794
+57,010
| +240% | +$1.04M |
|
1145
First Trust Water ETF
FIW
$1.84B
| $1.42M | 0.01% |
33,213
-13,862
| -29% | -$586K |
|
|
UMH
1146
UMH Properties
UMH
$1.32B
| $1.42M | 0.01% |
83,350
-7,900
| -9% | -$130K |
|
1147
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.75B
| $1.42M | 0.01% |
34,199
+2,295
| +7% | +$96.5K |
|
1148
Invesco DB US Dollar Index Bearish Fund
UDN
$107M
| $1.42M | 0.01% |
+65,021
| New | +$1.38M |
|
|
TEI
1149
Templeton Emerging Markets Income Fund
TEI
$310M
| $1.42M | 0.01% |
126,171
-149,355
| -54% | -$1.7M |
|
|
ABMD
1150
DELISTED
Abiomed Inc
ABMD
| $1.41M | 0.01% |
9,802
+228
| +2% | +$30.6K |
|
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.