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 | |
|---|---|---|---|---|---|---|
1426
Nuveen Quality Municipal Income Fund
NAD
$2.71B
| $911K | ﹤0.01% |
64,855
-343,420
| -84% | -$4.79M |
|
1427
Sprott Physical Silver Trust
PSLV
$11.9B
| $911K | ﹤0.01% |
144,341
-383,968
| -73% | -$2.5M |
|
1428
CRH
CRH
$66.7B
| $910K | ﹤0.01% |
25,645
-11,217
| -30% | -$403K |
|
1429
Twilio
TWLO
$29.1B
| $910K | ﹤0.01% |
+31,246
| New | +$855K |
|
|
FDIQ
1430
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$51M
| $909K | ﹤0.01% |
16,910
+507
| +3% | +$26.8K |
|
|
FLIR
1431
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $909K | ﹤0.01% |
26,226
-1,766
| -6% | -$64.4K |
|
|
KOL
1432
DELISTED
VanEck Vectors Coal ETF
KOL
| $908K | ﹤0.01% |
6,859
-1,394
| -17% | -$185K |
|
|
LLL
1433
DELISTED
L3 Technologies, Inc.
LLL
| $908K | ﹤0.01% |
+5,436
| New | +$907K |
|
1434
Loews
L
$24.3B
| $907K | ﹤0.01% |
+19,376
| New | +$908K |
|
1435
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$128M
| $905K | ﹤0.01% |
37,764
+15,104
| +67% | +$362K |
|
1436
Ormat Technologies
ORA
$6.11B
| $905K | ﹤0.01% |
15,421
+1,945
| +14% | +$114K |
|
|
PMF
1437
DELISTED
PIMCO Municipal Income Fund
PMF
| $904K | ﹤0.01% |
66,176
-106,818
| -62% | -$1.45M |
|
|
TVRD
1438
Tvardi Therapeutics
TVRD
$23.5M
| $904K | ﹤0.01% |
1,632
+884
| +118% | +$561K |
|
1439
Coca-Cola Consolidated
COKE
$12.3B
| $903K | ﹤0.01% |
39,460
-1,300
| -3% | -$28.1K |
|
|
BSWN
1440
DELISTED
VelocityShares VIX Tail Risk ETN
BSWN
| $902K | ﹤0.01% |
43,410
+815
| +2% | +$17.8K |
|
1441
VanEck Retail ETF
RTH
$248M
| $901K | ﹤0.01% |
11,199
-2,226
| -17% | -$181K |
|
1442
Wendy's
WEN
$1.33B
| $899K | ﹤0.01% |
57,981
-5
| -0% | -$76 |
|
|
QINC
1443
DELISTED
First Trust RBA Quality Income ETF
QINC
| $898K | ﹤0.01% |
37,209
+2,096
| +6% | +$49.6K |
|
1444
MGE Energy Inc
MGEE
$3.11B
| $897K | ﹤0.01% |
13,945
+5,244
| +60% | +$342K |
|
1445
Virtus Biotech ETF
BBP
$96.4M
| $895K | ﹤0.01% |
22,569
-5,682
| -20% | -$212K |
|
|
WR
1446
DELISTED
Westar Energy Inc
WR
| $892K | ﹤0.01% |
16,822
-1,169
| -6% | -$61.9K |
|
1447
Stellantis
STLA
$16.5B
| $891K | ﹤0.01% |
84,190
+6,751
| +9% | +$71.8K |
|
1448
ICICI Bank
IBN
$106B
| $889K | ﹤0.01% |
99,107
-49,505
| -33% | -$419K |
|
|
MOMO
1449
Hello Group
MOMO
$869M
| $888K | ﹤0.01% |
+24,021
| New | +$921K |
|
|
MASI
1450
DELISTED
Masimo
MASI
| $886K | ﹤0.01% |
+9,717
| New | +$892K |
|
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.