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 | |
|---|---|---|---|---|---|---|
1451
Norwegian Cruise Line
NCLH
$9.43B
| $973K | ﹤0.01% |
17,956
+11,679
| +186% | +$653K |
|
1452
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.15B
| $973K | ﹤0.01% |
31,414
-973
| -3% | -$29.6K |
|
1453
ICICI Bank
IBN
$108B
| $972K | ﹤0.01% |
113,610
+14,503
| +15% | +$133K |
|
1454
First Trust Latin America AlphaDEX Fund
FLN
$37.5M
| $970K | ﹤0.01% |
43,861
+3,681
| +9% | +$78.5K |
|
|
NUAN
1455
DELISTED
Nuance Communications, Inc.
NUAN
| $969K | ﹤0.01% |
71,202
+42,642
| +149% | +$609K |
|
|
KW
1456
DELISTED
Kennedy-Wilson Holdings
KW
| $967K | ﹤0.01% |
52,132
+8,099
| +18% | +$156K |
|
1457
Invesco Dorsey Wright Technology Momentum ETF
PTF
$533M
| $967K | ﹤0.01% |
57,363
-8,310
| -13% | -$134K |
|
1458
iShares MSCI USA Size Factor ETF
SIZE
$432M
| $967K | ﹤0.01% |
12,186
-19
| -0.2% | -$1.49K |
|
1459
Nordic American Tanker
NAT
$1.36B
| $966K | ﹤0.01% |
180,880
-29,245
| -14% | -$160K |
|
1460
Northern Trust
NTRS
$22.2B
| $966K | ﹤0.01% |
10,512
-129
| -1% | -$11.7K |
|
|
NEWR
1461
DELISTED
New Relic, Inc.
NEWR
| $966K | ﹤0.01% |
+19,392
| New | +$916K |
|
1462
Virtus Biotech Clinical Trials ETF
BBC
$45.6M
| $962K | ﹤0.01% |
32,987
+17,733
| +116% | +$459K |
|
1463
Ovintiv
OVV
$16.6B
| $962K | ﹤0.01% |
16,329
+4,340
| +36% | +$212K |
|
1464
Quanta Services
PWR
$85.8B
| $962K | ﹤0.01% |
25,817
+1,718
| +7% | +$60.2K |
|
1465
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $960K | ﹤0.01% |
84,975
-14,592
| -15% | -$162K |
|
1466
STMicroelectronics
STM
$43.9B
| $959K | ﹤0.01% |
49,377
+4,279
| +9% | +$73.9K |
|
1467
Lloyds Banking Group
LYG
$86.6B
| $958K | ﹤0.01% |
261,798
+213,305
| +440% | +$743K |
|
1468
CRH
CRH
$68.9B
| $956K | ﹤0.01% |
25,245
-400
| -2% | -$14.2K |
|
1469
Xerox
XRX
$350M
| $956K | ﹤0.01% |
28,705
+11,409
| +66% | +$359K |
|
|
QINC
1470
DELISTED
First Trust RBA Quality Income ETF
QINC
| $955K | ﹤0.01% |
38,956
+1,747
| +5% | +$42.3K |
|
|
KTF
1471
DWS Municipal Income Trust
KTF
$347M
| $952K | ﹤0.01% |
74,933
+3,558
| +5% | +$46.6K |
|
1472
Brookfield Infrastructure Partners
BIP
$18.9B
| $948K | ﹤0.01% |
36,925
+3,643
| +11% | +$91.4K |
|
|
ABB
1473
DELISTED
ABB Ltd
ABB
| $947K | ﹤0.01% |
38,276
+2,757
| +8% | +$65.9K |
|
1474
A.O. Smith
AOS
$8.82B
| $946K | ﹤0.01% |
15,913
-7,180
| -31% | -$403K |
|
1475
TripAdvisor
TRIP
$1.72B
| $946K | ﹤0.01% |
+23,349
| New | +$949K |
|
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.