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 | |
|---|---|---|---|---|---|---|
1201
M&T Bank
MTB
$36B
| $1.43M | 0.01% |
8,857
+277
| +3% | +$43.5K |
|
1202
Textron
TXT
$16.7B
| $1.43M | 0.01% |
26,448
+1,692
| +7% | +$84.1K |
|
1203
Wolfspeed
WOLF
$1.24B
| $1.42M | 0.01% |
50,531
+34,577
| +217% | +$860K |
|
1204
Invesco Food & Beverage ETF
PBJ
$109M
| $1.42M | 0.01% |
43,794
-773
| -2% | -$24.8K |
|
1205
Banco Bilbao Vizcaya Argentaria
BBVA
$147B
| $1.42M | 0.01% |
158,922
+17,940
| +13% | +$159K |
|
1206
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$427M
| $1.41M | 0.01% |
24,349
-641
| -3% | -$35.7K |
|
1207
State Street SPDR S&P International Small Cap ETF
GWX
$863M
| $1.41M | 0.01% |
40,320
-4,241
| -10% | -$145K |
|
1208
Plains All American Pipeline
PAA
$17.1B
| $1.41M | 0.01% |
66,513
-12,174
| -15% | -$282K |
|
1209
MGIC Investment
MTG
$6.34B
| $1.41M | 0.01% |
112,326
+50,721
| +82% | +$590K |
|
1210
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.39B
| $1.4M | 0.01% |
62,567
+8,143
| +15% | +$179K |
|
1211
CNX Resources
CNX
$4.77B
| $1.4M | 0.01% |
99,298
+29,933
| +43% | +$384K |
|
1212
First Trust Water ETF
FIW
$1.85B
| $1.4M | ﹤0.01% |
30,911
-2,302
| -7% | -$99.9K |
|
1213
Arista Networks
ANET
$215B
| $1.39M | ﹤0.01% |
117,104
+13,264
| +13% | +$139K |
|
1214
Regions Financial
RF
$26.2B
| $1.39M | ﹤0.01% |
91,166
+26,037
| +40% | +$374K |
|
1215
Tractor Supply
TSCO
$16.7B
| $1.38M | ﹤0.01% |
110,030
-41,745
| -28% | -$474K |
|
1216
Compass Minerals
CMP
$1.25B
| $1.38M | ﹤0.01% |
21,285
-7,620
| -26% | -$509K |
|
1217
Nuveen Municipal Credit Income Fund
NZF
$2.41B
| $1.38M | ﹤0.01% |
90,681
+883
| +1% | +$13.4K |
|
1218
Newell Brands
NWL
$2.2B
| $1.38M | ﹤0.01% |
32,758
+2,433
| +8% | +$119K |
|
1219
KLA
KLAC
$266B
| $1.37M | ﹤0.01% |
129,620
+67,680
| +109% | +$646K |
|
1220
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $1.37M | ﹤0.01% |
33,198
+8,384
| +34% | +$340K |
|
1221
Illumina
ILMN
$28.7B
| $1.37M | ﹤0.01% |
7,051
-785
| -10% | -$146K |
|
|
XLPS
1222
DELISTED
POWERSHARES S&P SMALLCAP CONSUMER STAPLES PORT
XLPS
| $1.37M | ﹤0.01% |
18,988
-641
| -3% | -$46.2K |
|
1223
Pan American Silver
PAAS
$18.6B
| $1.37M | ﹤0.01% |
80,136
+32,575
| +68% | +$562K |
|
|
GGN
1224
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$762M
| $1.36M | ﹤0.01% |
243,210
+3,572
| +1% | +$19.9K |
|
1225
ProShares UltraShort S&P500
SDS
$424M
| $1.36M | ﹤0.01% |
1,170
-64
| -5% | -$78K |
|
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.