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 | |
|---|---|---|---|---|---|---|
1251
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.5M
| $1.31M | ﹤0.01% |
21,230
-4,618
| -18% | -$280K |
|
1252
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.56B
| $1.3M | ﹤0.01% |
45,474
-6,231
| -12% | -$176K |
|
|
VGR
1253
DELISTED
Vector Group Ltd.
VGR
| $1.3M | ﹤0.01% |
98,874
+11,402
| +13% | +$148K |
|
1254
Invesco DB Oil Fund
DBO
$387M
| $1.3M | ﹤0.01% |
147,787
-16,216
| -10% | -$135K |
|
1255
iShares Convertible Bond ETF
ICVT
$7.21B
| $1.3M | ﹤0.01% |
23,690
+3,405
| +17% | +$183K |
|
1256
PUT
T. Rowe Price
TROW
$25.5B
| $1.3M | ﹤0.01% |
+14,300
| New | +$1.18M |
|
1257
First Solar
FSLR
$22.1B
| $1.29M | ﹤0.01% |
28,209
+472
| +2% | +$21.9K |
|
1258
Cohen & Steers Infrastructure Fund
UTF
$3.1B
| $1.29M | ﹤0.01% |
56,280
-9,664
| -15% | -$224K |
|
1259
Alliant Energy
LNT
$19.1B
| $1.29M | ﹤0.01% |
31,078
-9,852
| -24% | -$410K |
|
|
DBL
1260
DoubleLine Opportunistic Credit Fund
DBL
$277M
| $1.29M | ﹤0.01% |
53,615
+21,070
| +65% | +$518K |
|
1261
HF Sinclair
DINO
$16.4B
| $1.29M | ﹤0.01% |
35,845
-17,751
| -33% | -$534K |
|
1262
Builders FirstSource
BLDR
$7.82B
| $1.28M | ﹤0.01% |
71,448
+2,944
| +4% | +$47.5K |
|
1263
Invesco
IVZ
$13.3B
| $1.28M | ﹤0.01% |
36,664
+12,110
| +49% | +$414K |
|
1264
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$430M
| $1.28M | ﹤0.01% |
52,526
-2,484
| -5% | -$61.3K |
|
|
IBMJ
1265
DELISTED
iShares iBonds Dec 2021 Term Muni Bond ETF
IBMJ
| $1.28M | ﹤0.01% |
49,538
+8,394
| +20% | +$218K |
|
1266
WisdomTree Dynamic International Equity Fund
DDWM
$1.48B
| $1.28M | ﹤0.01% |
43,123
+9,209
| +27% | +$267K |
|
1267
Snap-on
SNA
$21.1B
| $1.28M | ﹤0.01% |
8,567
-11
| -0.1% | -$1.65K |
|
1268
Axos Financial
AX
$5.45B
| $1.27M | ﹤0.01% |
44,790
+740
| +2% | +$19.3K |
|
1269
Atmos Energy
ATO
$29.7B
| $1.27M | ﹤0.01% |
15,201
-480
| -3% | -$41.4K |
|
1270
BioMarin Pharmaceuticals
BMRN
$11.6B
| $1.27M | ﹤0.01% |
13,751
+203
| +1% | +$17.9K |
|
1271
BlackRock Core Bond Trust
BHK
$644M
| $1.27M | ﹤0.01% |
90,327
+17,866
| +25% | +$250K |
|
1272
Mercado Libre
MELI
$92.3B
| $1.27M | ﹤0.01% |
4,896
-227
| -4% | -$60.2K |
|
|
FLIR
1273
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.27M | ﹤0.01% |
32,552
+6,326
| +24% | +$240K |
|
1274
Gladstone Capital
GLAD
$430M
| $1.26M | ﹤0.01% |
66,555
-12,362
| -16% | -$236K |
|
|
MDSO
1275
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.26M | ﹤0.01% |
16,660
+1,721
| +12% | +$131K |
|
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.