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 | |
|---|---|---|---|---|---|---|
1151
Evercore
EVR
$13.1B
| $1.51M | 0.01% |
18,830
-12,954
| -41% | -$974K |
|
1152
Brown-Forman Class A
BF.A
$12.7B
| $1.51M | 0.01% |
33,886
+1
| +0% | +$42 |
|
1153
SEI Investments
SEIC
$12.1B
| $1.51M | 0.01% |
24,708
+11,521
| +87% | +$654K |
|
|
K
1154
DELISTED
Kellanova
K
| $1.51M | 0.01% |
25,755
-2,735
| -10% | -$173K |
|
1155
Invesco S&P Spin-Off ETF
CSD
$222M
| $1.5M | 0.01% |
29,629
+1,669
| +6% | +$81.7K |
|
1156
National Beverage
FIZZ
$2.93B
| $1.5M | 0.01% |
24,134
+1,934
| +9% | +$107K |
|
1157
Weibo
WB
$1.93B
| $1.5M | 0.01% |
15,121
+4,485
| +42% | +$395K |
|
|
FLG
1158
Flagstar Bank National Association
FLG
$5.71B
| $1.5M | 0.01% |
38,684
-14,925
| -28% | -$563K |
|
|
GG
1159
DELISTED
Goldcorp Inc
GG
| $1.5M | 0.01% |
115,395
+19,523
| +20% | +$257K |
|
|
CHY
1160
Calamos Convertible and High Income Fund
CHY
$1.02B
| $1.49M | 0.01% |
125,446
-64,780
| -34% | -$766K |
|
1161
Kayne Anderson Energy Infrastructure Fund
KYN
$2.45B
| $1.49M | 0.01% |
82,110
+1,927
| +2% | +$34.6K |
|
1162
Collegium Pharmaceutical
COLL
$1.16B
| $1.49M | 0.01% |
142,003
-333
| -0.2% | -$3.67K |
|
1163
IQ ARB Merger Arbitrage ETF
MNA
$252M
| $1.49M | 0.01% |
48,360
+4,261
| +10% | +$131K |
|
1164
Pacer US Cash Cows 100 ETF
COWZ
$18.5B
| $1.49M | 0.01% |
55,052
+4,494
| +9% | +$119K |
|
1165
Teradyne
TER
$52.4B
| $1.49M | 0.01% |
39,899
+33,203
| +496% | +$1.15M |
|
1166
Pentair
PNR
$10.3B
| $1.49M | 0.01% |
32,530
+25,174
| +342% | +$1.08M |
|
1167
Carlyle Group
CG
$16.6B
| $1.48M | 0.01% |
62,801
+7,813
| +14% | +$167K |
|
1168
iShares MSCI Canada ETF
EWC
$6.12B
| $1.48M | 0.01% |
51,202
+6,560
| +15% | +$183K |
|
1169
Global Payments
GPN
$22.9B
| $1.48M | 0.01% |
15,252
+816
| +6% | +$76.9K |
|
1170
Nuveen Select Tax-Free Income Portfolio
NXP
$897M
| $1.48M | 0.01% |
99,057
+5,516
| +6% | +$81K |
|
1171
United States Natural Gas Fund
UNG
$459M
| $1.48M | 0.01% |
14,047
+1,806
| +15% | +$190K |
|
1172
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$73.5M
| $1.48M | 0.01% |
22,507
-3,426
| -13% | -$215K |
|
|
MVIN
1173
DELISTED
Natixis Seeyond International Minimum Volatility ETF
MVIN
| $1.48M | 0.01% |
32,682
+6,737
| +26% | +$302K |
|
1174
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $1.47M | 0.01% |
162,371
+24,532
| +18% | +$218K |
|
1175
Martin Marietta Materials
MLM
$34.3B
| $1.47M | 0.01% |
7,144
+170
| +2% | +$35.9K |
|
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.