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 | |
|---|---|---|---|---|---|---|
1326
VanEck Energy Income ETF
EINC
$102M
| $1.07M | ﹤0.01% |
15,153
-22
| -0.1% | -$1.63K |
|
1327
Republic Services
RSG
$66.7B
| $1.07M | ﹤0.01% |
16,821
-2,694
| -14% | -$171K |
|
|
SEP
1328
DELISTED
Spectra Engy Parters Lp
SEP
| $1.07M | ﹤0.01% |
24,923
-3,861
| -13% | -$168K |
|
1329
iShares Convertible Bond ETF
ICVT
$7.23B
| $1.07M | ﹤0.01% |
20,285
+4,368
| +27% | +$229K |
|
1330
Cemex
CX
$17.4B
| $1.07M | ﹤0.01% |
113,267
-10,836
| -9% | -$95.5K |
|
1331
Lamb Weston
LW
$6.82B
| $1.07M | ﹤0.01% |
+24,205
| New | +$1.06M |
|
|
IBMJ
1332
DELISTED
iShares iBonds Dec 2021 Term Muni Bond ETF
IBMJ
| $1.06M | ﹤0.01% |
41,144
+6,639
| +19% | +$171K |
|
1333
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$105M
| $1.06M | ﹤0.01% |
48,498
-5,184
| -10% | -$111K |
|
1334
Coty
COTY
$2.33B
| $1.06M | ﹤0.01% |
56,397
-28,625
| -34% | -$530K |
|
|
FDC
1335
DELISTED
First Data Corporation
FDC
| $1.06M | ﹤0.01% |
58,028
+6,606
| +13% | +$111K |
|
|
PDM
1336
Piedmont Realty Trust
PDM
$1.22B
| $1.05M | ﹤0.01% |
+49,980
| New | +$1.08M |
|
|
IBDO
1337
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $1.05M | ﹤0.01% |
41,807
+6,000
| +17% | +$151K |
|
|
OIIL
1338
DELISTED
Credit Suisse X-Links WTI Crude Oil Index ETN
OIIL
| $1.05M | ﹤0.01% |
37,903
+3,559
| +10% | +$102K |
|
1339
The Mosaic Company
MOS
$7.09B
| $1.05M | ﹤0.01% |
46,056
-1,002
| -2% | -$24.6K |
|
1340
Veeva Systems
VEEV
$30.3B
| $1.05M | ﹤0.01% |
17,121
+3,707
| +28% | +$214K |
|
1341
Builders FirstSource
BLDR
$7.84B
| $1.05M | ﹤0.01% |
+68,504
| New | +$1.02M |
|
1342
Parker-Hannifin
PH
$125B
| $1.05M | ﹤0.01% |
+6,560
| New | +$1.04M |
|
1343
Jefferies Financial Group
JEF
$12.9B
| $1.05M | ﹤0.01% |
44,730
-766
| -2% | -$17.4K |
|
|
SHPG
1344
DELISTED
Shire pic
SHPG
| $1.05M | ﹤0.01% |
6,372
-3,552
| -36% | -$621K |
|
|
XLFS
1345
DELISTED
POWERSHARES S&P SMALLCAP FINANCIALS PORTFOLIO
XLFS
| $1.05M | ﹤0.01% |
20,248
+850
| +4% | +$44K |
|
1346
iShares Core International Aggregate Bond Fund
IAGG
$10.6B
| $1.05M | ﹤0.01% |
20,189
+3,186
| +19% | +$166K |
|
1347
Axos Financial
AX
$5.45B
| $1.04M | ﹤0.01% |
44,050
+5,233
| +13% | +$124K |
|
1348
Darden Restaurants
DRI
$22.5B
| $1.04M | ﹤0.01% |
11,540
+4,176
| +57% | +$365K |
|
|
RA
1349
Brookfield Real Assets Income Fund
RA
$703M
| $1.04M | ﹤0.01% |
44,992
-51,402
| -53% | -$1.2M |
|
1350
National Beverage
FIZZ
$2.87B
| $1.04M | ﹤0.01% |
22,200
+11,002
| +98% | +$490K |
|
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.