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 | |
|---|---|---|---|---|---|---|
1501
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$640M
| $829K | ﹤0.01% |
57,463
-27,063
| -32% | -$391K |
|
1502
Fidelity MSCI Information Technology Index ETF
FTEC
$19.9B
| $828K | ﹤0.01% |
19,388
+4,394
| +29% | +$188K |
|
1503
iShares MSCI BIC ETF
BKF
$75.2M
| $826K | ﹤0.01% |
22,052
+458
| +2% | +$17K |
|
1504
Cal-Maine
CALM
$4.28B
| $826K | ﹤0.01% |
20,853
-2,716
| -12% | -$104K |
|
1505
Dell
DELL
$283B
| $824K | ﹤0.01% |
+48,032
| New | +$880K |
|
1506
ResMed
RMD
$28.3B
| $822K | ﹤0.01% |
10,561
-9
| -0.1% | -$644 |
|
|
DBL
1507
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $821K | ﹤0.01% |
32,545
-154,115
| -83% | -$3.81M |
|
|
COR
1508
DELISTED
Coresite Realty Corporation
COR
| $821K | ﹤0.01% |
7,895
+1,046
| +15% | +$105K |
|
|
OPPE
1509
WisdomTree European Opportunities Fund
OPPE
$283M
| $819K | ﹤0.01% |
27,797
+16,455
| +145% | +$489K |
|
|
RMT
1510
Royce Micro-Cap Trust
RMT
$736M
| $819K | ﹤0.01% |
94,631
-18,726
| -17% | -$161K |
|
1511
Pediatrix Medical
MD
$2.16B
| $818K | ﹤0.01% |
13,546
+180
| +1% | +$10.7K |
|
1512
Renasant Corp
RNST
$4.01B
| $818K | ﹤0.01% |
18,691
-601
| -3% | -$25.2K |
|
|
ATCO
1513
DELISTED
Atlas Corp.
ATCO
| $818K | ﹤0.01% |
114,514
+100,348
| +708% | +$624K |
|
1514
iShares S&P India Nifty 50 Index Fund
INDY
$545M
| $816K | ﹤0.01% |
24,272
+1,418
| +6% | +$47.4K |
|
1515
Labcorp
LH
$24.3B
| $815K | ﹤0.01% |
+6,126
| New | +$750K |
|
1516
Deckers Outdoor
DECK
$13.3B
| $814K | ﹤0.01% |
71,538
+18,906
| +36% | +$197K |
|
|
MRO
1517
DELISTED
Marathon Oil Corporation
MRO
| $813K | ﹤0.01% |
68,591
-664
| -1% | -$9.29K |
|
1518
Brookfield Infrastructure Partners
BIP
$18.8B
| $810K | ﹤0.01% |
33,282
+7,828
| +31% | +$185K |
|
1519
Chemours
CC
$2.59B
| $809K | ﹤0.01% |
21,330
+4,882
| +30% | +$193K |
|
1520
Five Below
FIVE
$11.2B
| $809K | ﹤0.01% |
16,386
+11,658
| +247% | +$574K |
|
1521
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $807K | ﹤0.01% |
8,447
-382
| -4% | -$36.1K |
|
1522
Credicorp
BAP
$30.9B
| $803K | ﹤0.01% |
4,476
+1,166
| +35% | +$195K |
|
1523
Kohl's
KSS
$2.03B
| $802K | ﹤0.01% |
+20,741
| New | +$795K |
|
1524
iShares MSCI Brazil Small-Cap ETF
EWZS
$227M
| $801K | ﹤0.01% |
62,556
+2,516
| +4% | +$33.8K |
|
1525
Howmet Aerospace
HWM
$116B
| $801K | ﹤0.01% |
+46,106
| New | +$939K |
|
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.