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 | |
|---|---|---|---|---|---|---|
1426
Teledyne Technologies
TDY
$29.9B
| $1M | ﹤0.01% |
6,069
+3,678
| +154% | +$534K |
|
1427
Landstar System
LSTR
$6.35B
| $1M | ﹤0.01% |
10,063
-78
| -0.8% | -$6.93K |
|
|
MTGE
1428
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $999K | ﹤0.01% |
51,518
-1,364
| -3% | -$26.1K |
|
1429
Boston Properties
BXP
$11B
| $997K | ﹤0.01% |
8,114
+556
| +7% | +$67.3K |
|
1430
iShares S&P GSCI Commodity-Indexed Trust
GSG
$970M
| $996K | ﹤0.01% |
66,839
-10,379
| -13% | -$149K |
|
|
HOUS
1431
DELISTED
Anywhere Real Estate
HOUS
| $996K | ﹤0.01% |
30,217
+18,140
| +150% | +$613K |
|
1432
Mid-America Apartment Communities
MAA
$15.8B
| $994K | ﹤0.01% |
9,296
+211
| +2% | +$22.1K |
|
1433
First Trust Japan AlphaDEX Fund
FJP
$245M
| $992K | ﹤0.01% |
17,930
+5,011
| +39% | +$269K |
|
1434
Twilio
TWLO
$29.4B
| $991K | ﹤0.01% |
33,189
+1,943
| +6% | +$58.3K |
|
|
PRTK
1435
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $990K | ﹤0.01% |
39,450
+10,200
| +35% | +$237K |
|
1436
Chemours
CC
$2.55B
| $989K | ﹤0.01% |
19,548
-1,782
| -8% | -$84.1K |
|
1437
Corcept Therapeutics
CORT
$9.95B
| $989K | ﹤0.01% |
+51,258
| New | +$764K |
|
|
SEP
1438
DELISTED
Spectra Engy Parters Lp
SEP
| $989K | ﹤0.01% |
22,292
-2,631
| -11% | -$117K |
|
1439
Copart
CPRT
$28.5B
| $985K | ﹤0.01% |
113,572
-12,800
| -10% | -$103K |
|
1440
Credicorp
BAP
$31.2B
| $980K | ﹤0.01% |
4,781
+305
| +7% | +$59.9K |
|
1441
iShares MSCI BIC ETF
BKF
$76.7M
| $979K | ﹤0.01% |
22,832
+780
| +4% | +$32.1K |
|
|
VG
1442
DELISTED
Vonage Holdings Corporation
VG
| $978K | ﹤0.01% |
120,145
+9,500
| +9% | +$71.5K |
|
|
IBDN
1443
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $977K | ﹤0.01% |
38,684
+7,865
| +26% | +$199K |
|
1444
CMS Energy
CMS
$23.4B
| $976K | ﹤0.01% |
21,066
-148
| -0.7% | -$6.99K |
|
1445
Paycom
PAYC
$7.59B
| $975K | ﹤0.01% |
13,013
-1,648
| -11% | -$118K |
|
1446
Workday
WDAY
$39.4B
| $975K | ﹤0.01% |
9,250
+2,469
| +36% | +$255K |
|
1447
Polaris
PII
$4.15B
| $974K | ﹤0.01% |
9,306
+1,263
| +16% | +$120K |
|
1448
Veeco
VECO
$2.73B
| $974K | ﹤0.01% |
45,531
+29,381
| +182% | +$703K |
|
|
ETW
1449
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $973K | ﹤0.01% |
82,181
+8,595
| +12% | +$101K |
|
1450
Flex
FLEX
$38.9B
| $973K | ﹤0.01% |
77,422
+40,760
| +111% | +$502K |
|
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.