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 | |
|---|---|---|---|---|---|---|
1351
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$718M
| $1.04M | ﹤0.01% |
40,468
-8,201
| -17% | -$204K |
|
1352
iShares MSCI Chile ETF
ECH
$1.01B
| $1.04M | ﹤0.01% |
24,871
+1,193
| +5% | +$51.8K |
|
1353
Northern Trust
NTRS
$22.2B
| $1.03M | ﹤0.01% |
10,641
+6,987
| +191% | +$628K |
|
1354
AllianceBernstein
AB
$3.47B
| $1.03M | ﹤0.01% |
43,662
+10,042
| +30% | +$225K |
|
|
XLVS
1355
DELISTED
POWERSHARES S&P SMALLCAP HEALTH CARE PORTFOLIO
XLVS
| $1.03M | ﹤0.01% |
11,753
-845
| -7% | -$74.3K |
|
1356
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $1.03M | ﹤0.01% |
34,546
+20,683
| +149% | +$613K |
|
1357
Omnicom Group
OMC
$22.7B
| $1.03M | ﹤0.01% |
+12,442
| New | +$1.04M |
|
1358
Markel Group
MKL
$25B
| $1.02M | ﹤0.01% |
1,048
-41
| -4% | -$39.8K |
|
|
XYZ
1359
Block Inc
XYZ
$45.9B
| $1.02M | ﹤0.01% |
43,623
-44,807
| -51% | -$926K |
|
1360
Domino's
DPZ
$11B
| $1.02M | ﹤0.01% |
4,815
+3,234
| +205% | +$639K |
|
1361
America Movil
AMX
$78.1B
| $1.02M | ﹤0.01% |
63,803
+30,594
| +92% | +$474K |
|
1362
First American
FAF
$7.67B
| $1.01M | ﹤0.01% |
+22,709
| New | +$960K |
|
1363
BlackRock Limited Duration Income Trust
BLW
$491M
| $1.01M | ﹤0.01% |
64,265
-76,532
| -54% | -$1.2M |
|
1364
SiriusXM
SIRI
$10B
| $1.01M | ﹤0.01% |
18,546
+15,465
| +502% | +$790K |
|
1365
iShares MSCI Poland ETF
EPOL
$669M
| $1.01M | ﹤0.01% |
41,685
-1,988
| -5% | -$46.7K |
|
1366
RLI Corp
RLI
$5.68B
| $1.01M | ﹤0.01% |
36,992
+4,646
| +14% | +$131K |
|
|
TTM
1367
DELISTED
Tata Motors Limited
TTM
| $1.01M | ﹤0.01% |
30,499
+5,179
| +20% | +$181K |
|
1368
BlackRock Core Bond Trust
BHK
$642M
| $1.01M | ﹤0.01% |
72,461
-159,858
| -69% | -$2.19M |
|
|
1369
iShares Currency Hedged MSCI Japan ETF
HEWJ
$728M
| $1.01M | ﹤0.01% |
33,757
-806,055
| -96% | -$23.2M |
|
1370
Invesco Dorsey Wright Technology Momentum ETF
PTF
$632M
| $1M | ﹤0.01% |
65,673
-29,901
| -31% | -$458K |
|
1371
iShares Global Materials ETF
MXI
$338M
| $1M | ﹤0.01% |
16,780
-3,903
| -19% | -$232K |
|
1372
Paycom
PAYC
$6.78B
| $1M | ﹤0.01% |
14,661
-3,024
| -17% | -$194K |
|
1373
Copart
CPRT
$25.9B
| $1M | ﹤0.01% |
126,372
-41,372
| -25% | -$317K |
|
1374
BlackRock MuniHoldings California Quality Fund
MUC
$1B
| $999K | ﹤0.01% |
69,249
-106,167
| -61% | -$1.52M |
|
|
MTGE
1375
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $994K | ﹤0.01% |
52,882
+11,034
| +26% | +$200K |
|
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.