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 US Growth ETF
IUSG
|
+$195M |
| 2 |
iShares Core S&P US Value ETF
IUSV
|
+$162M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$131M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$62.6M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$61.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Dividend ETF
SDY
|
+$82.3M |
| 2 |
State Street SPDR Dow Jones Global Real Estate ETF
RWO
|
+$39M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$35.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.1M |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.4% |
| 2 | Technology | 1.31% |
| 3 | Healthcare | 1.28% |
| 4 | Consumer Discretionary | 1.07% |
| 5 | Industrials | 1.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Invesco S&P Spin-Off ETF
CSD
$223M
| $1.18M | 0.01% |
25,963
-589
| -2% | -$26.5K |
|
1152
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$432M
| $1.18M | 0.01% |
51,092
+2,776
| +6% | +$61.5K |
|
1153
Packaging Corp of America
PKG
$22.6B
| $1.18M | 0.01% |
12,941
-30
| -0.2% | -$2.75K |
|
1154
Collegium Pharmaceutical
COLL
$1.17B
| $1.17M | 0.01% |
119,801
+1,098
| +0.9% | +$16.3K |
|
1155
GameStop
GME
$9.97B
| $1.17M | 0.01% |
213,064
+91,692
| +76% | +$560K |
|
1156
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.17B
| $1.17M | 0.01% |
14,742
+7,917
| +116% | +$625K |
|
|
NHS
1157
Neuberger High Yield Strategies Fund Inc
NHS
$252M
| $1.17M | 0.01% |
98,565
+4,142
| +4% | +$49.2K |
|
1158
Berkshire Hathaway Class B
BRK.B
$1.1T
| $1.17M | 0.01% |
7,010
-2,764
| -28% | -$462K |
|
1159
First Trust NASDAQ Cybersecurity ETF
CIBR
$14B
| $1.17M | 0.01% |
54,358
+6,920
| +15% | +$145K |
|
1160
First Trust Latin America AlphaDEX Fund
FLN
$37.5M
| $1.17M | 0.01% |
55,457
+36,603
| +194% | +$763K |
|
1161
Global X Uranium ETF
URA
$5.41B
| $1.17M | 0.01% |
77,418
+62,677
| +425% | +$1.02M |
|
1162
Baidu
BIDU
$35.7B
| $1.16M | 0.01% |
6,650
+1,594
| +32% | +$281K |
|
1163
Dover
DOV
$27.3B
| $1.16M | 0.01% |
17,738
-192
| -1% | -$12.2K |
|
|
KOL
1164
DELISTED
VanEck Vectors Coal ETF
KOL
| $1.16M | 0.01% |
8,253
+285
| +4% | +$37.8K |
|
1165
Vanguard Long-Term Treasury ETF
VGLT
$10.2B
| $1.16M | 0.01% |
15,403
-7,729
| -33% | -$573K |
|
|
MMT
1166
Aberdeen Multi-Market Income Fund
MMT
$237M
| $1.16M | 0.01% |
188,116
+3,766
| +2% | +$23K |
|
1167
Vornado Realty Trust
VNO
$7.55B
| $1.16M | 0.01% |
14,181
-850
| -6% | -$72.7K |
|
|
PCQ
1168
Pimco California Municipal Income Fund
PCQ
$163M
| $1.15M | 0.01% |
70,937
-4,631
| -6% | -$74.7K |
|
1169
Atmos Energy
ATO
$30B
| $1.15M | 0.01% |
14,601
-1,412
| -9% | -$108K |
|
1170
Nomura Holdings
NMR
$28.1B
| $1.15M | 0.01% |
183,776
+3,660
| +2% | +$23.4K |
|
1171
Old Dominion Freight Line
ODFL
$47.3B
| $1.15M | 0.01% |
40,656
-627
| -2% | -$18.5K |
|
1172
HCA Healthcare
HCA
$92.8B
| $1.14M | 0.01% |
12,788
-4,280
| -25% | -$357K |
|
1173
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.21B
| $1.14M | 0.01% |
40,157
-1,858
| -4% | -$51.1K |
|
1174
Tootsie Roll Industries
TR
$2.94B
| $1.14M | 0.01% |
39,677
-1,480
| -4% | -$42.5K |
|
1175
iShares MSCI Hong Kong ETF
EWH
$1.24B
| $1.14M | 0.01% |
50,763
-1,051,064
| -95% | -$22.5M |
|
Similar funds
LPL Financial's Q1 2017 Portfolio in Review
As of Q1 2017, LPL Financial held 2,916 positions worth $14.7B, up 12% from $13.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
LPL Financial deployed $1.09B of net new capital in Q1 2017, opening 235 new positions and adding to 1,364 existing holdings. Its largest new stake was iShares Gold Trust: 517,438 shares worth $12.5M.
By sector, the portfolio is most concentrated in Financials at 2.4% of assets, down from 2.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Dow Jones Global Real Estate ETF, an estimated $39M trimmed.
- LPL Financial's largest Q1 2017 buy was iShares Gold Trust: 517,438 shares worth $12.5M.
- LPL Financial added most to iShares Core S&P US Growth ETF in Q1 2017, an estimated $195M increase.
- LPL Financial's biggest Q1 2017 reduction was State Street SPDR Dow Jones Global Real Estate ETF, cutting an estimated $39M.
- LPL Financial fully exited State Street SPDR S&P Dividend ETF in Q1 2017, selling an estimated $82.3M.
- LPL Financial's ten largest holdings make up 25% of its $14.7B portfolio in Q1 2017.
- LPL Financial opened 235 new positions and closed 216 in Q1 2017.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $14.7B.
Based on LPL Financial's 13F filing for Q1 2017, filed 15 May 2017.