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 Value ETF
VTV
|
+$117M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$108M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$102M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$101M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$41.1M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$32.7M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$23.3M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
+$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$18.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.98% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.3% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1476
iShares MSCI BIC ETF
BKF
$76.8M
| $1.07M | ﹤0.01% |
24,170
+1,338
| +6% | +$59.2K |
|
1477
Devon Energy
DVN
$49.2B
| $1.07M | ﹤0.01% |
25,965
+962
| +4% | +$36.4K |
|
|
EOI
1478
Eaton Vance Enhanced Equity Income Fund
EOI
$804M
| $1.07M | ﹤0.01% |
74,047
+111
| +0.2% | +$1.59K |
|
1479
Alexandria Real Estate Equities
ARE
$9.41B
| $1.07M | ﹤0.01% |
8,206
+1,341
| +20% | +$169K |
|
|
WBC
1480
DELISTED
WABCO HOLDINGS INC.
WBC
| $1.07M | ﹤0.01% |
7,458
-156
| -2% | -$22.9K |
|
1481
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$296M
| $1.07M | ﹤0.01% |
14,633
-1,225
| -8% | -$87.5K |
|
|
NUAN
1482
DELISTED
Nuance Communications, Inc.
NUAN
| $1.07M | ﹤0.01% |
75,603
+4,401
| +6% | +$59.2K |
|
|
CBI
1483
DELISTED
Chicago Bridge & Iron Nv
CBI
| $1.07M | ﹤0.01% |
66,167
-6,931
| -9% | -$113K |
|
1484
iShares CMBS ETF
CMBS
$474M
| $1.07M | ﹤0.01% |
20,820
+315
| +2% | +$16.2K |
|
|
TWOU
1485
DELISTED
2U Inc
TWOU
| $1.07M | ﹤0.01% |
551
-6
| -1% | -$11.3K |
|
1486
Burlington
BURL
$23.3B
| $1.07M | ﹤0.01% |
8,669
+767
| +10% | +$78.1K |
|
1487
TAL Education Group
TAL
$5.79B
| $1.06M | ﹤0.01% |
35,802
+5,045
| +16% | +$153K |
|
1488
Gabelli Dividend & Income Trust
GDV
$2.62B
| $1.06M | ﹤0.01% |
45,388
-2,247
| -5% | -$50.8K |
|
|
PRAH
1489
DELISTED
PRA Health Sciences, Inc.
PRAH
| $1.06M | ﹤0.01% |
11,667
+1,581
| +16% | +$132K |
|
1490
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$914M
| $1.06M | ﹤0.01% |
46,035
+30,089
| +189% | +$681K |
|
1491
Manulife Financial
MFC
$74.2B
| $1.06M | ﹤0.01% |
50,930
-6,158
| -11% | -$128K |
|
1492
Dycom Industries
DY
$12.1B
| $1.06M | ﹤0.01% |
9,524
+4,335
| +84% | +$418K |
|
1493
Owens Corning
OC
$11.5B
| $1.06M | ﹤0.01% |
11,534
+2,407
| +26% | +$203K |
|
1494
Best Buy
BBY
$18.9B
| $1.06M | ﹤0.01% |
15,474
+1,278
| +9% | +$75.6K |
|
1495
Southern Copper
SCCO
$140B
| $1.06M | ﹤0.01% |
24,020
+11,149
| +87% | +$448K |
|
|
DWFI
1496
DELISTED
SPDR Dorsey Wright Fixed Income Allocation ETF
DWFI
| $1.06M | ﹤0.01% |
41,775
+20,596
| +97% | +$526K |
|
|
WR
1497
DELISTED
Westar Energy Inc
WR
| $1.06M | ﹤0.01% |
20,003
+4,320
| +28% | +$233K |
|
1498
ICICI Bank
IBN
$109B
| $1.05M | ﹤0.01% |
108,457
-5,153
| -5% | -$47.5K |
|
|
CTRA
1499
DELISTED
Coterra Energy
CTRA
| $1.05M | ﹤0.01% |
36,810
-9,105
| -20% | -$250K |
|
|
MXIM
1500
DELISTED
Maxim Integrated Products
MXIM
| $1.05M | ﹤0.01% |
20,143
+2,848
| +16% | +$148K |
|
Similar funds
LPL Financial's Q4 2017 Portfolio in Review
As of Q4 2017, LPL Financial held 3,144 positions worth $32.9B, up 16% from $28.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $3.28B of net new capital in Q4 2017, opening 280 new positions and adding to 1,728 existing holdings. Its largest new stake was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street Health Care Select Sector SPDR ETF, an estimated $41.1M trimmed.
- LPL Financial's largest Q4 2017 buy was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
- LPL Financial added most to Vanguard Value ETF in Q4 2017, an estimated $117M increase.
- LPL Financial's biggest Q4 2017 reduction was State Street Health Care Select Sector SPDR ETF, cutting an estimated $41.1M.
- LPL Financial fully exited iShares iBonds Dec 2017 Term Corporate ETF in Q4 2017, selling an estimated $4.66M.
- LPL Financial's ten largest holdings make up 24% of its $32.9B portfolio in Q4 2017.
- LPL Financial opened 280 new positions and closed 123 in Q4 2017.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $32.9B.
Based on LPL Financial's 13F filing for Q4 2017, filed 14 Feb 2018.