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 | |
|---|---|---|---|---|---|---|
1376
Parker-Hannifin
PH
$125B
| $1.09M | ﹤0.01% |
6,203
-357
| -5% | -$58.6K |
|
1377
Dover
DOV
$27.5B
| $1.08M | ﹤0.01% |
14,683
-9,978
| -40% | -$693K |
|
|
FDC
1378
DELISTED
First Data Corporation
FDC
| $1.08M | ﹤0.01% |
59,951
+1,923
| +3% | +$35.1K |
|
1379
Arrow Dow Jones Global Yield ETF
GYLD
$36.9M
| $1.08M | ﹤0.01% |
59,100
-19,150
| -24% | -$350K |
|
|
STON
1380
DELISTED
StoneMor Inc.
STON
| $1.08M | ﹤0.01% |
165,737
+908
| +0.6% | +$6.28K |
|
1381
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.87B
| $1.08M | ﹤0.01% |
33,897
-9,902
| -23% | -$295K |
|
|
VVC
1382
DELISTED
Vectren Corporation
VVC
| $1.08M | ﹤0.01% |
16,410
-12,832
| -44% | -$803K |
|
1383
Veeva Systems
VEEV
$32.9B
| $1.07M | ﹤0.01% |
19,055
+1,934
| +11% | +$117K |
|
|
LGF.B
1384
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.07M | ﹤0.01% |
33,798
+9,547
| +39% | +$267K |
|
1385
VanEck Energy Income ETF
EINC
$77.6M
| $1.07M | ﹤0.01% |
14,976
-177
| -1% | -$12.6K |
|
1386
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$654M
| $1.07M | ﹤0.01% |
67,930
-124,373
| -65% | -$1.97M |
|
1387
BlackRock Limited Duration Income Trust
BLW
$490M
| $1.07M | ﹤0.01% |
66,406
+2,141
| +3% | +$34.1K |
|
1388
iShares Global Materials ETF
MXI
$340M
| $1.07M | ﹤0.01% |
16,355
-425
| -3% | -$26.9K |
|
1389
Gabelli Dividend & Income Trust
GDV
$2.62B
| $1.07M | ﹤0.01% |
47,635
+15,209
| +47% | +$333K |
|
1390
SBA Communications
SBAC
$19.1B
| $1.07M | ﹤0.01% |
7,146
+1,979
| +38% | +$282K |
|
1391
RLI Corp
RLI
$6.06B
| $1.07M | ﹤0.01% |
37,032
+40
| +0.1% | +$1.1K |
|
1392
Philips
PHG
$24.8B
| $1.06M | ﹤0.01% |
34,054
+3,126
| +10% | +$91K |
|
1393
iShares CMBS ETF
CMBS
$473M
| $1.06M | ﹤0.01% |
20,505
+5,624
| +38% | +$291K |
|
1394
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$104M
| $1.06M | ﹤0.01% |
45,282
-3,216
| -7% | -$73.7K |
|
1395
Markel Group
MKL
$25.6B
| $1.06M | ﹤0.01% |
990
-58
| -6% | -$60K |
|
1396
Renasant Corp
RNST
$4.06B
| $1.06M | ﹤0.01% |
24,619
+5,928
| +32% | +$244K |
|
|
JPEU
1397
DELISTED
JPMorgan Diversified Return Europe Equity ETF
JPEU
| $1.05M | ﹤0.01% |
+17,367
| New | +$1.02M |
|
1398
Gray Television
GTN
$432M
| $1.05M | ﹤0.01% |
66,750
+2,773
| +4% | +$39.6K |
|
1399
Invesco Municipal Opportunity Trust
VMO
$654M
| $1.05M | ﹤0.01% |
80,570
-80,137
| -50% | -$1.06M |
|
1400
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $1.04M | ﹤0.01% |
34,509
-5,898
| -15% | -$173K |
|
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.