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 Total Bond Market
BND
|
+$746M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$629M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$493M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$411M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$86.2M |
| 2 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$30.8M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$29.7M |
| 4 |
iShares S&P 500 Value ETF
IVE
|
+$26M |
| 5 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$23.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.78% |
| 2 | Technology | 2.72% |
| 3 | Healthcare | 2.43% |
| 4 | Industrials | 2.36% |
| 5 | Communication Services | 2.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Newmont
NEM
$98.2B
| $1.16M | ﹤0.01% |
+35,800
| New | +$1.21M |
|
1277
WisdomTree True Developed International Fund
DOL
$813M
| $1.16M | ﹤0.01% |
24,510
+16,910
| +223% | +$797K |
|
|
RENX
1278
DELISTED
RELX N.V.
RENX
| $1.16M | ﹤0.01% |
56,025
-41,305
| -42% | -$824K |
|
1279
Banner Corp
BANR
$2.39B
| $1.16M | ﹤0.01% |
20,488
| – | – |
|
1280
Sprott Physical Gold
PHYS
$14.6B
| $1.16M | ﹤0.01% |
114,315
-674,701
| -86% | -$6.94M |
|
1281
McCormick & Company Non-Voting
MKC
$13.4B
| $1.16M | ﹤0.01% |
23,730
-1,974
| -8% | -$99.9K |
|
1282
Vale
VALE
$62.9B
| $1.16M | ﹤0.01% |
132,236
+2,689
| +2% | +$22.9K |
|
1283
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $1.15M | ﹤0.01% |
45,037
+3,776
| +9% | +$96.4K |
|
|
MDSO
1284
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.15M | ﹤0.01% |
+14,939
| New | +$1.04M |
|
1285
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $1.15M | ﹤0.01% |
40,407
+1,581
| +4% | +$44.5K |
|
1286
State Street SPDR S&P Transportation ETF
XTN
$403M
| $1.15M | ﹤0.01% |
20,767
-5,899
| -22% | -$314K |
|
|
MVIN
1287
DELISTED
Natixis Seeyond International Minimum Volatility ETF
MVIN
| $1.15M | ﹤0.01% |
25,945
-7,072
| -21% | -$307K |
|
1288
DexCom
DXCM
$27.6B
| $1.15M | ﹤0.01% |
62,784
-51,088
| -45% | -$944K |
|
|
VGR
1289
DELISTED
Vector Group Ltd.
VGR
| $1.14M | ﹤0.01% |
87,472
+9,171
| +12% | +$121K |
|
1290
Ross Stores
ROST
$76.6B
| $1.14M | ﹤0.01% |
19,830
+9,326
| +89% | +$582K |
|
|
CHL
1291
DELISTED
China Mobile Limited
CHL
| $1.14M | ﹤0.01% |
21,421
+1,293
| +6% | +$70.3K |
|
1292
New England Realty Associates
NEN
| $1.14M | ﹤0.01% |
15,884
-1,437
| -8% | -$99.3K |
|
|
NUVA
1293
DELISTED
NuVasive, Inc.
NUVA
| $1.14M | ﹤0.01% |
15,173
+11,440
| +306% | +$855K |
|
1294
Travel + Leisure Co
TNL
$4.54B
| $1.13M | ﹤0.01% |
25,010
+5,234
| +26% | +$227K |
|
1295
Simon Property Group
SPG
$74.5B
| $1.13M | ﹤0.01% |
7,005
-1,191
| -15% | -$194K |
|
|
SCG
1296
DELISTED
Scana
SCG
| $1.13M | ﹤0.01% |
16,906
-3,619
| -18% | -$243K |
|
|
KLDW
1297
DELISTED
Knowledge Leaders Developed World ETF
KLDW
| $1.13M | ﹤0.01% |
37,059
+25,083
| +209% | +$749K |
|
1298
Keurig Dr Pepper
KDP
$40.4B
| $1.13M | ﹤0.01% |
12,402
+2,755
| +29% | +$258K |
|
1299
Air Products & Chemicals
APD
$66.3B
| $1.13M | ﹤0.01% |
+7,886
| New | +$1.12M |
|
1300
VanEck Merk Gold Trust
OUNZ
$2.51B
| $1.12M | ﹤0.01% |
91,588
+1,244
| +1% | +$15.5K |
|
Similar funds
LPL Financial's Q2 2017 Portfolio in Review
As of Q2 2017, LPL Financial held 3,108 positions worth $26.4B, up 80% from $14.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $11.3B of net new capital in Q2 2017, opening 409 new positions and adding to 1,228 existing holdings. Its largest new stake was State Street SPDR S&P Dividend ETF: 1,023,486 shares worth $91M.
By sector, the portfolio is most concentrated in Financials at 2.8% of assets, up from 2.4% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $86.2M trimmed.
- LPL Financial's largest Q2 2017 buy was State Street SPDR S&P Dividend ETF: 1,023,486 shares worth $91M.
- LPL Financial added most to Vanguard Total Bond Market in Q2 2017, an estimated $746M increase.
- LPL Financial's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $86.2M.
- LPL Financial fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $5.54M.
- LPL Financial's ten largest holdings make up 24% of its $26.4B portfolio in Q2 2017.
- LPL Financial opened 409 new positions and closed 314 in Q2 2017.
- LPL Financial's portfolio value rose 80% quarter-over-quarter to $26.4B.
Based on LPL Financial's 13F filing for Q2 2017, filed 14 Aug 2017.