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 | |
|---|---|---|---|---|---|---|
1351
Lamb Weston
LW
$7.3B
| $1.13M | ﹤0.01% |
24,003
-202
| -0.8% | -$9.06K |
|
|
CHL
1352
DELISTED
China Mobile Limited
CHL
| $1.12M | ﹤0.01% |
22,236
+815
| +4% | +$43.4K |
|
1353
Republic Services
RSG
$66.7B
| $1.12M | ﹤0.01% |
17,005
+184
| +1% | +$12K |
|
|
ZTR
1354
Virtus Total Return Fund
ZTR
$340M
| $1.12M | ﹤0.01% |
85,099
+7,791
| +10% | +$101K |
|
1355
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $1.12M | ﹤0.01% |
42,607
-27,830
| -40% | -$732K |
|
|
AABA
1356
DELISTED
Altaba Inc
AABA
| $1.12M | ﹤0.01% |
16,937
+940
| +6% | +$57.7K |
|
|
CIM
1357
Chimera Investment
CIM
$1.05B
| $1.12M | ﹤0.01% |
19,745
+2,911
| +17% | +$165K |
|
1358
Ormat Technologies
ORA
$6.28B
| $1.12M | ﹤0.01% |
18,300
+2,879
| +19% | +$166K |
|
|
TECD
1359
DELISTED
Tech Data Corp
TECD
| $1.11M | ﹤0.01% |
12,550
+1,551
| +14% | +$153K |
|
1360
Dell
DELL
$276B
| $1.11M | ﹤0.01% |
51,378
+3,346
| +7% | +$64.5K |
|
1361
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$293M
| $1.11M | ﹤0.01% |
15,858
-2,862
| -15% | -$185K |
|
1362
The Mosaic Company
MOS
$7.1B
| $1.11M | ﹤0.01% |
51,406
+5,350
| +12% | +$116K |
|
|
COR
1363
DELISTED
Coresite Realty Corporation
COR
| $1.11M | ﹤0.01% |
9,837
+1,942
| +25% | +$213K |
|
1364
MidCap Financial Investment
MFIC
$790M
| $1.11M | ﹤0.01% |
60,398
-1,341
| -2% | -$24.9K |
|
|
AIV
1365
Aimco
AIV
$377M
| $1.1M | ﹤0.01% |
+188,781
| New | +$1.13M |
|
1366
GATX Corp
GATX
$6.52B
| $1.1M | ﹤0.01% |
17,925
+1,121
| +7% | +$69K |
|
|
NHS
1367
Neuberger High Yield Strategies Fund Inc
NHS
$252M
| $1.1M | ﹤0.01% |
90,410
-7,207
| -7% | -$86.2K |
|
1368
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.49B
| $1.1M | ﹤0.01% |
17,347
+5,095
| +42% | +$324K |
|
1369
New England Realty Associates
NEN
$197M
| $1.1M | ﹤0.01% |
15,884
| – | – |
|
1370
Fastenal
FAST
$54.7B
| $1.09M | ﹤0.01% |
95,508
+6,832
| +8% | +$73.6K |
|
|
BSJN
1371
DELISTED
Invesco BulletShares 2023 High Yield Corporate Bond ETF
BSJN
| $1.09M | ﹤0.01% |
40,566
+5,298
| +15% | +$142K |
|
1372
Innovator S&P Investment Grade Preferred ETF
EPRF
$69.1M
| $1.09M | ﹤0.01% |
45,340
-11,222
| -20% | -$273K |
|
1373
Cooper Companies
COO
$13.7B
| $1.09M | ﹤0.01% |
18,372
+312
| +2% | +$19.1K |
|
1374
Ross Stores
ROST
$78.1B
| $1.09M | ﹤0.01% |
16,843
-2,987
| -15% | -$172K |
|
1375
APA Corp
APA
$12.3B
| $1.09M | ﹤0.01% |
23,701
+11,556
| +95% | +$509K |
|
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.