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 | |
|---|---|---|---|---|---|---|
|
LSXMK
1401
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $1.04M | ﹤0.01% |
+32,606
| New | +$1.06M |
|
|
PDM
1402
Piedmont Realty Trust
PDM
$1.22B
| $1.04M | ﹤0.01% |
51,472
+1,492
| +3% | +$30.4K |
|
|
EOI
1403
Eaton Vance Enhanced Equity Income Fund
EOI
$806M
| $1.04M | ﹤0.01% |
73,936
+10,862
| +17% | +$148K |
|
1404
TAL Education Group
TAL
$5.86B
| $1.04M | ﹤0.01% |
30,757
-317
| -1% | -$8.93K |
|
1405
Sprott Physical Gold
PHYS
$14.7B
| $1.04M | ﹤0.01% |
99,206
-15,109
| -13% | -$158K |
|
1406
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$729M
| $1.04M | ﹤0.01% |
38,284
-2,184
| -5% | -$57.6K |
|
|
AOD
1407
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
| $1.03M | ﹤0.01% |
114,362
+41,851
| +58% | +$368K |
|
1408
State Street SPDR S&P Health Care Equipment ETF
XHE
$158M
| $1.03M | ﹤0.01% |
16,389
+1,217
| +8% | +$74.7K |
|
1409
DexCom
DXCM
$28.3B
| $1.03M | ﹤0.01% |
84,028
+21,244
| +34% | +$376K |
|
1410
BlackRock MuniHoldings California Quality Fund
MUC
$1B
| $1.03M | ﹤0.01% |
69,337
+88
| +0.1% | +$1.3K |
|
1411
Bank OZK
OZK
$5.5B
| $1.03M | ﹤0.01% |
21,349
+3,584
| +20% | +$160K |
|
1412
State Street SPDR S&P China ETF
GXC
$453M
| $1.02M | ﹤0.01% |
9,997
+3,706
| +59% | +$363K |
|
|
MRO
1413
DELISTED
Marathon Oil Corporation
MRO
| $1.02M | ﹤0.01% |
75,570
+6,979
| +10% | +$82.9K |
|
1414
TechnipFMC
FTI
$29.9B
| $1.02M | ﹤0.01% |
49,143
+426
| +0.9% | +$8.55K |
|
1415
First Trust SSI Strategic Convertible Securities ETF
FCVT
$113M
| $1.02M | ﹤0.01% |
35,606
+14,827
| +71% | +$418K |
|
1416
Sony
SONY
$131B
| $1.02M | ﹤0.01% |
136,480
+9,785
| +8% | +$76.6K |
|
1417
O-I Glass
OI
$1.41B
| $1.02M | ﹤0.01% |
40,572
+308
| +0.8% | +$7.47K |
|
1418
Post Holdings
POST
$4.14B
| $1.01M | ﹤0.01% |
17,575
+2,124
| +14% | +$116K |
|
1419
Gildan
GIL
$9.38B
| $1.01M | ﹤0.01% |
+32,412
| New | +$992K |
|
1420
Snap
SNAP
$7.6B
| $1.01M | ﹤0.01% |
69,763
+3,407
| +5% | +$49.3K |
|
1421
Elbit Systems
ESLT
$38.1B
| $1.01M | ﹤0.01% |
6,884
+126
| +2% | +$16.7K |
|
1422
SiriusXM
SIRI
$10.5B
| $1.01M | ﹤0.01% |
18,291
-255
| -1% | -$14.1K |
|
|
SKX
1423
DELISTED
Skechers
SKX
| $1.01M | ﹤0.01% |
40,265
-231
| -0.6% | -$6.31K |
|
1424
Amplify Mobile Payments ETF
IPAY
$168M
| $1.01M | ﹤0.01% |
30,835
+1,441
| +5% | +$45.4K |
|
|
ITG
1425
DELISTED
Investment Technology Group Inc
ITG
| $1.01M | ﹤0.01% |
45,426
+6,029
| +15% | +$126K |
|
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.