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 | |
|---|---|---|---|---|---|---|
1226
VanEck Retail ETF
RTH
$254M
| $1.06M | 0.01% |
13,425
-4,340
| -24% | -$338K |
|
1227
Telkom Indonesia
TLK
$14.2B
| $1.06M | 0.01% |
33,578
+1,534
| +5% | +$45.3K |
|
|
OIIL
1228
DELISTED
Credit Suisse X-Links WTI Crude Oil Index ETN
OIIL
| $1.06M | 0.01% |
34,344
+1,965
| +6% | +$63.2K |
|
|
IFN
1229
Aberdeen India Fund
IFN
$496M
| $1.05M | 0.01% |
40,973
+2,004
| +5% | +$46.4K |
|
1230
Equifax
EFX
$22B
| $1.05M | 0.01% |
7,724
+469
| +6% | +$59.7K |
|
1231
Virtus Biotech ETF
BBP
$97.7M
| $1.05M | 0.01% |
28,251
+6,047
| +27% | +$221K |
|
|
ZTR
1232
Virtus Total Return Fund
ZTR
$340M
| $1.05M | 0.01% |
89,247
+40,421
| +83% | +$462K |
|
1233
Dominion Energy
D
$62.1B
| $1.05M | 0.01% |
13,522
+5,194
| +62% | +$393K |
|
1234
Electronic Arts
EA
$52.4B
| $1.05M | 0.01% |
11,758
-6,112
| -34% | -$520K |
|
1235
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $1.05M | 0.01% |
41,261
+5,403
| +15% | +$137K |
|
1236
Wabash National
WNC
$541M
| $1.05M | 0.01% |
+51,587
| New | +$1.01M |
|
1237
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.81B
| $1.04M | 0.01% |
36,392
-138,476
| -79% | -$3.95M |
|
1238
Duke Energy
DUK
$101B
| $1.04M | 0.01% |
12,683
-3,868
| -23% | -$307K |
|
|
FMY
1239
First Trust Mortgage Income Fund
FMY
$48.6M
| $1.04M | 0.01% |
73,925
+14,517
| +24% | +$205K |
|
|
ZMLP
1240
DELISTED
Direxion Zacks MLP High Income Index Shares
ZMLP
| $1.04M | 0.01% |
6,884
-716
| -9% | -$111K |
|
1241
iShares MSCI Chile ETF
ECH
$1B
| $1.04M | 0.01% |
23,678
+7,176
| +43% | +$290K |
|
1242
Sprouts Farmers Market
SFM
$7.31B
| $1.03M | 0.01% |
45,118
+5,616
| +14% | +$110K |
|
1243
Invesco Advantage Municipal Income Trust II
VKI
$398M
| $1.03M | 0.01% |
92,283
+3,997
| +5% | +$44.7K |
|
|
MIC
1244
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $1.03M | 0.01% |
12,775
+4,822
| +61% | +$382K |
|
|
POT
1245
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.03M | 0.01% |
60,254
+1,664
| +3% | +$30.2K |
|
1246
PennantPark Floating Rate Capital
PFLT
$705M
| $1.02M | 0.01% |
73,701
+9,060
| +14% | +$126K |
|
|
TECD
1247
DELISTED
Tech Data Corp
TECD
| $1.02M | 0.01% |
10,936
+6,202
| +131% | +$549K |
|
1248
Paycom
PAYC
$7.54B
| $1.02M | 0.01% |
17,685
-1,558
| -8% | -$80.8K |
|
1249
Invesco China Technology ETF
CQQQ
$3B
| $1.02M | 0.01% |
24,092
+17,032
| +241% | +$682K |
|
|
CAVM
1250
DELISTED
Cavium, Inc.
CAVM
| $1.02M | 0.01% |
14,396
+574
| +4% | +$38.4K |
|
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.