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 Value ETF
VTV
|
+$117M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$108M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$102M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$101M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$41.1M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$32.7M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$23.3M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
+$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$18.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.98% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.3% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Fidelity National Financial
FNF
$14.4B
| $1.39M | ﹤0.01% |
36,857
-30,254
| -45% | -$1.1M |
|
1302
AdvisorShares Insider Advantage ETF
SURE
$56.6M
| $1.39M | ﹤0.01% |
19,427
+1,731
| +10% | +$120K |
|
1303
M&T Bank
MTB
$36.6B
| $1.39M | ﹤0.01% |
8,099
-758
| -9% | -$126K |
|
1304
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$85M
| $1.38M | ﹤0.01% |
21,260
+30
| +0.1% | +$1.89K |
|
1305
BlackRock Core Bond Trust
BHK
$644M
| $1.38M | ﹤0.01% |
98,514
+8,187
| +9% | +$115K |
|
1306
Synopsys
SNPS
$74.7B
| $1.38M | ﹤0.01% |
16,204
-1,394
| -8% | -$121K |
|
1307
Keurig Dr Pepper
KDP
$42.6B
| $1.38M | ﹤0.01% |
14,233
+752
| +6% | +$67.5K |
|
|
CEW
1308
WisdomTree Emerging Currency Strategy Fund
CEW
$15.6M
| $1.38M | ﹤0.01% |
70,979
-32,346
| -31% | -$614K |
|
|
KYE
1309
DELISTED
Kayne Anderson Energy
KYE
| $1.38M | ﹤0.01% |
136,923
+6,834
| +5% | +$69.3K |
|
1310
Electronic Arts
EA
$52.4B
| $1.38M | ﹤0.01% |
13,093
-2,798
| -18% | -$311K |
|
1311
iShares Agency Bond ETF
AGZ
$560M
| $1.38M | ﹤0.01% |
12,162
-648
| -5% | -$73.5K |
|
1312
Bath & Body Works
BBWI
$4.21B
| $1.37M | ﹤0.01% |
28,176
+10,058
| +56% | +$406K |
|
1313
STMicroelectronics
STM
$45.4B
| $1.37M | ﹤0.01% |
62,670
+13,293
| +27% | +$294K |
|
1314
First Trust Dow Jones Select MicroCap Index Fund
FDM
$264M
| $1.37M | ﹤0.01% |
28,836
+9,385
| +48% | +$443K |
|
1315
West Pharmaceutical
WST
$23.8B
| $1.37M | ﹤0.01% |
13,858
+1,528
| +12% | +$150K |
|
1316
Invesco DB Oil Fund
DBO
$376M
| $1.37M | ﹤0.01% |
134,570
-13,217
| -9% | -$124K |
|
1317
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.87B
| $1.36M | ﹤0.01% |
41,437
+7,540
| +22% | +$251K |
|
1318
SBA Communications
SBAC
$19.1B
| $1.36M | ﹤0.01% |
8,334
+1,188
| +17% | +$189K |
|
|
FLG
1319
Flagstar Bank National Association
FLG
$5.74B
| $1.36M | ﹤0.01% |
34,814
-3,870
| -10% | -$150K |
|
|
TIF
1320
DELISTED
Tiffany & Co.
TIF
| $1.36M | ﹤0.01% |
13,084
-175
| -1% | -$16.7K |
|
1321
DB Gold Short ETN due Feb 15 2038
DGZ
$1.86M
| $1.36M | ﹤0.01% |
99,831
+2,401
| +2% | +$33.4K |
|
|
GGT
1322
Gabelli Multimedia Trust
GGT
$169M
| $1.36M | ﹤0.01% |
149,658
+65,980
| +79% | +$586K |
|
|
BGC
1323
DELISTED
General Cable Corporation
BGC
| $1.36M | ﹤0.01% |
45,859
-2,067
| -4% | -$48.8K |
|
1324
Principal Financial Group
PFG
$24.7B
| $1.35M | ﹤0.01% |
19,207
+735
| +4% | +$50.6K |
|
1325
Suburban Propane Partners
SPH
$1.24B
| $1.35M | ﹤0.01% |
55,963
+7,959
| +17% | +$198K |
|
Similar funds
LPL Financial's Q4 2017 Portfolio in Review
As of Q4 2017, LPL Financial held 3,144 positions worth $32.9B, up 16% from $28.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $3.28B of net new capital in Q4 2017, opening 280 new positions and adding to 1,728 existing holdings. Its largest new stake was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street Health Care Select Sector SPDR ETF, an estimated $41.1M trimmed.
- LPL Financial's largest Q4 2017 buy was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
- LPL Financial added most to Vanguard Value ETF in Q4 2017, an estimated $117M increase.
- LPL Financial's biggest Q4 2017 reduction was State Street Health Care Select Sector SPDR ETF, cutting an estimated $41.1M.
- LPL Financial fully exited iShares iBonds Dec 2017 Term Corporate ETF in Q4 2017, selling an estimated $4.66M.
- LPL Financial's ten largest holdings make up 24% of its $32.9B portfolio in Q4 2017.
- LPL Financial opened 280 new positions and closed 123 in Q4 2017.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $32.9B.
Based on LPL Financial's 13F filing for Q4 2017, filed 14 Feb 2018.