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 | |
|---|---|---|---|---|---|---|
1151
Centene
CNC
$31.3B
| $1.41M | 0.01% |
35,312
+6,930
| +24% | +$262K |
|
1152
LyondellBasell Industries
LYB
$19.5B
| $1.41M | 0.01% |
16,715
+8,659
| +107% | +$719K |
|
1153
Ambarella
AMBA
$2.99B
| $1.41M | 0.01% |
+29,040
| New | +$1.61M |
|
1154
NXP Semiconductors
NXPI
$68B
| $1.41M | 0.01% |
12,855
+10,377
| +419% | +$1.11M |
|
1155
ProShares Short Russell2000
RWM
$122M
| $1.41M | 0.01% |
30,401
+7,487
| +33% | +$354K |
|
|
MRSH
1156
Marsh
MRSH
$86.3B
| $1.41M | 0.01% |
18,017
+6,177
| +52% | +$466K |
|
1157
Olin
OLN
$2.64B
| $1.4M | 0.01% |
46,363
-1,345
| -3% | -$41.2K |
|
1158
Invesco Food & Beverage ETF
PBJ
$109M
| $1.4M | 0.01% |
44,567
-6,025
| -12% | -$199K |
|
1159
Qorvo
QRVO
$7.63B
| $1.4M | 0.01% |
22,168
+1,310
| +6% | +$93.7K |
|
|
IBMI
1160
DELISTED
iShares iBonds Sep 2020 Term Muni Bond ETF
IBMI
| $1.4M | 0.01% |
54,813
+4,444
| +9% | +$114K |
|
1161
Autodesk
ADSK
$44.3B
| $1.4M | 0.01% |
+13,909
| New | +$1.38M |
|
|
WCN
1162
Waste Connections
WCN
$42.8B
| $1.4M | 0.01% |
21,687
+5,500
| +34% | +$342K |
|
1163
M&T Bank
MTB
$36.2B
| $1.39M | 0.01% |
8,580
-995
| -10% | -$157K |
|
1164
Fidelity Dividend ETF for Rising Rates
FDRR
$732M
| $1.39M | 0.01% |
49,075
+2,304
| +5% | +$64.5K |
|
1165
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.7M
| $1.38M | 0.01% |
56,562
+2,910
| +5% | +$70.8K |
|
1166
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.46B
| $1.38M | 0.01% |
51,705
-24,612
| -32% | -$654K |
|
1167
Best Buy
BBY
$18B
| $1.37M | 0.01% |
23,971
+1,513
| +7% | +$80.8K |
|
|
CA
1168
DELISTED
CA, Inc.
CA
| $1.37M | 0.01% |
+39,855
| New | +$1.29M |
|
1169
Synopsys
SNPS
$71.5B
| $1.37M | 0.01% |
18,663
+3,978
| +27% | +$293K |
|
1170
Harley-Davidson
HOG
$2.68B
| $1.37M | 0.01% |
25,382
+1,312
| +5% | +$73K |
|
1171
Brown-Forman Class B
BF.B
$12B
| $1.37M | 0.01% |
44,038
+13,850
| +46% | +$435K |
|
|
EXAS
1172
DELISTED
Exact Sciences
EXAS
| $1.36M | 0.01% |
+38,560
| New | +$1.19M |
|
1173
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.19B
| $1.36M | 0.01% |
46,044
+5,887
| +15% | +$175K |
|
1174
Raymond James Financial
RJF
$32.5B
| $1.36M | 0.01% |
25,449
+9,108
| +56% | +$458K |
|
1175
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$1.99B
| $1.36M | 0.01% |
67,412
+57,264
| +564% | +$1.15M |
|
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.