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 | |
|---|---|---|---|---|---|---|
1376
Gen Digital
GEN
$15.6B
| $990K | ﹤0.01% |
35,044
-4,302
| -11% | -$130K |
|
|
CTRA
1377
DELISTED
Coterra Energy
CTRA
| $989K | ﹤0.01% |
39,442
+18,599
| +89% | +$439K |
|
1378
NewMarket
NEU
$7.17B
| $989K | ﹤0.01% |
2,149
-1,143
| -35% | -$527K |
|
1379
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $988K | ﹤0.01% |
24,814
+1,994
| +9% | +$78.8K |
|
1380
TechnipFMC
FTI
$30.6B
| $986K | ﹤0.01% |
48,717
-28,958
| -37% | -$653K |
|
1381
Invesco Value Municipal Income Trust
IIM
$583M
| $985K | ﹤0.01% |
64,947
-98,677
| -60% | -$1.48M |
|
1382
Dave & Buster's
PLAY
$343M
| $984K | ﹤0.01% |
14,791
-8,172
| -36% | -$535K |
|
1383
The GEO Group
GEO
$4.13B
| $982K | ﹤0.01% |
33,198
+13,534
| +69% | +$425K |
|
1384
Amplify Online Retail ETF
IBUY
$106M
| $982K | ﹤0.01% |
+27,759
| New | +$909K |
|
1385
CMS Energy
CMS
$23.1B
| $981K | ﹤0.01% |
21,214
-294
| -1% | -$13.6K |
|
1386
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.78B
| $981K | ﹤0.01% |
34,028
-2,364
| -6% | -$68K |
|
1387
F5
FFIV
$22.1B
| $976K | ﹤0.01% |
7,757
+1,595
| +26% | +$209K |
|
|
ZTR
1388
Virtus Total Return Fund
ZTR
$340M
| $976K | ﹤0.01% |
77,308
-11,939
| -13% | -$147K |
|
1389
Arista Networks
ANET
$219B
| $972K | ﹤0.01% |
103,840
+2,016
| +2% | +$18.3K |
|
1390
Sony
SONY
$123B
| $968K | ﹤0.01% |
126,695
+16,555
| +15% | +$117K |
|
1391
WisdomTree Dynamic International Equity Fund
DDWM
$1.46B
| $965K | ﹤0.01% |
+33,914
| New | +$965K |
|
1392
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$690M
| $964K | ﹤0.01% |
24,766
+8,370
| +51% | +$321K |
|
1393
Fastenal
FAST
$54B
| $964K | ﹤0.01% |
+88,676
| New | +$995K |
|
|
KTF
1394
DWS Municipal Income Trust
KTF
$346M
| $964K | ﹤0.01% |
71,375
-57,017
| -44% | -$769K |
|
1395
KraneShares CSI China Internet ETF
KWEB
$5.2B
| $964K | ﹤0.01% |
20,119
+4,463
| +29% | +$208K |
|
1396
O-I Glass
OI
$1.39B
| $962K | ﹤0.01% |
40,264
+25,454
| +172% | +$559K |
|
1397
Itaú Unibanco
ITUB
$91.3B
| $960K | ﹤0.01% |
179,041
-97,760
| -35% | -$548K |
|
|
FL
1398
DELISTED
Foot Locker
FL
| $959K | ﹤0.01% |
19,457
+7,275
| +60% | +$472K |
|
|
FSD
1399
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $959K | ﹤0.01% |
55,622
-16,226
| -23% | -$277K |
|
|
Y
1400
DELISTED
Alleghany Corp
Y
| $959K | ﹤0.01% |
1,613
-947
| -37% | -$564K |
|
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.