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 Value ETF
VTV
|
+$117M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$108M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$102M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$101M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$41.1M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$32.7M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$23.3M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
+$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$18.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.98% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.3% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.07B
| $1.74M | 0.01% |
44,734
+9,713
| +28% | +$361K |
|
|
TRTN
1152
DELISTED
Triton International Limited
TRTN
| $1.74M | 0.01% |
46,370
-1,470
| -3% | -$56.5K |
|
1153
Arrow Dow Jones Global Yield ETF
GYLD
$36.6M
| $1.73M | 0.01% |
96,374
+37,274
| +63% | +$674K |
|
1154
Ross Stores
ROST
$78.1B
| $1.73M | 0.01% |
21,575
+4,732
| +28% | +$331K |
|
1155
Avery Dennison
AVY
$12.5B
| $1.73M | 0.01% |
15,060
+327
| +2% | +$35.3K |
|
1156
PUT
Diageo
DEO
$47.3B
| $1.72M | 0.01% |
11,800
| – | – |
|
1157
Hexcel
HXL
$8.28B
| $1.72M | 0.01% |
27,851
+1,222
| +5% | +$74.3K |
|
1158
Xylem
XYL
$28.6B
| $1.72M | 0.01% |
25,236
-232
| -0.9% | -$15.4K |
|
1159
iShares Convertible Bond ETF
ICVT
$7.21B
| $1.72M | 0.01% |
31,202
+7,512
| +32% | +$415K |
|
1160
State Street SPDR S&P Transportation ETF
XTN
$401M
| $1.72M | 0.01% |
26,394
+7,045
| +36% | +$432K |
|
1161
Shopify
SHOP
$165B
| $1.72M | 0.01% |
170,080
-141,500
| -45% | -$1.45M |
|
|
MNK
1162
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $1.72M | 0.01% |
+76,171
| New | +$2.04M |
|
|
K
1163
DELISTED
Kellanova
K
| $1.71M | 0.01% |
26,848
+1,093
| +4% | +$65.8K |
|
1164
iShares MSCI Canada ETF
EWC
$6.13B
| $1.71M | 0.01% |
57,781
+6,579
| +13% | +$192K |
|
1165
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.37B
| $1.71M | 0.01% |
34,090
+2,572
| +8% | +$130K |
|
1166
Raymond James Financial
RJF
$33.3B
| $1.71M | 0.01% |
28,695
+1,702
| +6% | +$98.1K |
|
1167
Nuveen Select Tax-Free Income Portfolio
NXP
$897M
| $1.71M | 0.01% |
116,866
+17,809
| +18% | +$263K |
|
1168
Bausch Health
BHC
$1.67B
| $1.71M | 0.01% |
82,165
-5,971
| -7% | -$94.7K |
|
1169
iShares Global REIT ETF
REET
$5.16B
| $1.71M | 0.01% |
65,368
-17,536
| -21% | -$453K |
|
1170
Invesco S&P 500 High Beta ETF
SPHB
$980M
| $1.7M | 0.01% |
40,086
+18,828
| +89% | +$769K |
|
1171
Pentair
PNR
$10.2B
| $1.7M | 0.01% |
35,831
+3,301
| +10% | +$154K |
|
1172
AllianceBernstein
AB
$3.54B
| $1.69M | 0.01% |
67,611
+4,773
| +8% | +$121K |
|
1173
iShares MSCI Indonesia ETF
EIDO
$471M
| $1.69M | 0.01% |
59,479
-2,691
| -4% | -$72.7K |
|
1174
Invesco Next Gen Media and Gaming ETF
GGME
$44.6M
| $1.69M | 0.01% |
59,956
-1,531
| -2% | -$42.5K |
|
1175
Invesco DB Agriculture Fund
DBA
$1.23B
| $1.68M | 0.01% |
89,748
+8,649
| +11% | +$164K |
|
Similar funds
LPL Financial's Q4 2017 Portfolio in Review
As of Q4 2017, LPL Financial held 3,144 positions worth $32.9B, up 16% from $28.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $3.28B of net new capital in Q4 2017, opening 280 new positions and adding to 1,728 existing holdings. Its largest new stake was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street Health Care Select Sector SPDR ETF, an estimated $41.1M trimmed.
- LPL Financial's largest Q4 2017 buy was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
- LPL Financial added most to Vanguard Value ETF in Q4 2017, an estimated $117M increase.
- LPL Financial's biggest Q4 2017 reduction was State Street Health Care Select Sector SPDR ETF, cutting an estimated $41.1M.
- LPL Financial fully exited iShares iBonds Dec 2017 Term Corporate ETF in Q4 2017, selling an estimated $4.66M.
- LPL Financial's ten largest holdings make up 24% of its $32.9B portfolio in Q4 2017.
- LPL Financial opened 280 new positions and closed 123 in Q4 2017.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $32.9B.
Based on LPL Financial's 13F filing for Q4 2017, filed 14 Feb 2018.