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 | |
|---|---|---|---|---|---|---|
1276
Bausch Health
BHC
$1.67B
| $1.26M | ﹤0.01% |
88,136
-12,389
| -12% | -$187K |
|
1277
Itaú Unibanco
ITUB
$92.3B
| $1.26M | ﹤0.01% |
189,583
+10,542
| +6% | +$64.4K |
|
1278
Banner Corp
BANR
$2.39B
| $1.26M | ﹤0.01% |
20,488
| – | – |
|
1279
Infosys
INFY
$47.4B
| $1.25M | ﹤0.01% |
171,880
+3,718
| +2% | +$28.2K |
|
1280
Gentex
GNTX
$4.88B
| $1.25M | ﹤0.01% |
63,429
-71,999
| -53% | -$1.31M |
|
1281
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.07B
| $1.25M | ﹤0.01% |
35,021
-4,052
| -10% | -$140K |
|
1282
Suburban Propane Partners
SPH
$1.21B
| $1.25M | ﹤0.01% |
48,004
-29,037
| -38% | -$709K |
|
1283
Barings BDC
BBDC
$868M
| $1.25M | ﹤0.01% |
87,409
+6,615
| +8% | +$99.7K |
|
1284
Energy Transfer Partners
ET
$68.5B
| $1.25M | ﹤0.01% |
71,790
-2,911
| -4% | -$50.9K |
|
1285
Honda
HMC
$37.8B
| $1.25M | ﹤0.01% |
42,170
-16,612
| -28% | -$469K |
|
1286
Roper Technologies
ROP
$37.1B
| $1.25M | ﹤0.01% |
5,078
+1,763
| +53% | +$414K |
|
1287
iShares US Telecommunications ETF
IYZ
$1.18B
| $1.24M | ﹤0.01% |
40,820
-63,647
| -61% | -$2M |
|
|
PF
1288
DELISTED
Pinnacle Foods, Inc.
PF
| $1.24M | ﹤0.01% |
21,700
+10,941
| +102% | +$649K |
|
1289
Western Union
WU
$2.55B
| $1.24M | ﹤0.01% |
64,526
-1,351
| -2% | -$25.8K |
|
1290
Invesco CurrencyShares Canadian Dollar Trust
FXC
$72.6M
| $1.24M | ﹤0.01% |
15,623
+3
| +0% | +$236 |
|
1291
Alcoa
AA
$11.6B
| $1.23M | ﹤0.01% |
26,405
+6,020
| +30% | +$241K |
|
1292
Cirrus Logic
CRUS
$6.87B
| $1.23M | ﹤0.01% |
23,029
-9,012
| -28% | -$528K |
|
|
CTRA
1293
DELISTED
Coterra Energy
CTRA
| $1.23M | ﹤0.01% |
45,915
+6,473
| +16% | +$164K |
|
|
KLDW
1294
DELISTED
Knowledge Leaders Developed World ETF
KLDW
| $1.23M | ﹤0.01% |
38,504
+1,445
| +4% | +$45K |
|
|
CBI
1295
DELISTED
Chicago Bridge & Iron Nv
CBI
| $1.23M | ﹤0.01% |
73,098
-22,784
| -24% | -$349K |
|
1296
abrdn Physical Silver Shares ETF
SIVR
$4.06B
| $1.23M | ﹤0.01% |
75,475
-17,526
| -19% | -$288K |
|
1297
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$151M
| $1.23M | ﹤0.01% |
36,921
+19,033
| +106% | +$615K |
|
|
TIF
1298
DELISTED
Tiffany & Co.
TIF
| $1.22M | ﹤0.01% |
13,259
+7,071
| +114% | +$647K |
|
1299
Canadian Imperial Bank of Commerce
CM
$108B
| $1.22M | ﹤0.01% |
27,756
+13,986
| +102% | +$599K |
|
1300
Teck Resources
TECK
$29.3B
| $1.22M | ﹤0.01% |
57,616
+19,078
| +50% | +$415K |
|
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.