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 US Growth ETF
IUSG
|
+$195M |
| 2 |
iShares Core S&P US Value ETF
IUSV
|
+$162M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$131M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$62.6M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$61.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Dividend ETF
SDY
|
+$82.3M |
| 2 |
State Street SPDR Dow Jones Global Real Estate ETF
RWO
|
+$39M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$35.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.1M |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.4% |
| 2 | Technology | 1.31% |
| 3 | Healthcare | 1.28% |
| 4 | Consumer Discretionary | 1.07% |
| 5 | Industrials | 1.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GUT
1526
Gabelli Utility Trust
GUT
$573M
| $692K | ﹤0.01% |
103,395
+4,183
| +4% | +$26.8K |
|
1527
Ziff Davis
ZD
$1.95B
| $691K | ﹤0.01% |
9,575
-734
| -7% | -$53.7K |
|
1528
Virtus Biotech Clinical Trials ETF
BBC
$46.4M
| $690K | ﹤0.01% |
29,931
+12,412
| +71% | +$264K |
|
1529
Aaon
AAON
$7.68B
| $689K | ﹤0.01% |
30,083
-514
| -2% | -$11.8K |
|
|
NML
1530
Neuberger Energy Infrastructure and Income Fund Inc
NML
$569M
| $689K | ﹤0.01% |
67,948
+8,370
| +14% | +$84.2K |
|
|
HYI
1531
Western Asset High Yield Opportunity Fund Inc
HYI
$134M
| $688K | ﹤0.01% |
44,655
-2,234
| -5% | -$34.1K |
|
1532
Veeva Systems
VEEV
$32.7B
| $688K | ﹤0.01% |
13,414
+4,531
| +51% | +$204K |
|
|
EARN
1533
Ellington Residential Mortgage REIT
EARN
$167M
| $687K | ﹤0.01% |
+46,695
| New | +$646K |
|
1534
Landstar System
LSTR
$6.29B
| $687K | ﹤0.01% |
8,034
-922
| -10% | -$78.8K |
|
|
BMS
1535
DELISTED
Bemis
BMS
| $686K | ﹤0.01% |
14,041
-9,059
| -39% | -$446K |
|
1536
Ross Stores
ROST
$80.5B
| $685K | ﹤0.01% |
10,504
-844
| -7% | -$56.4K |
|
1537
First Solar
FSLR
$21.8B
| $684K | ﹤0.01% |
25,995
-169
| -0.6% | -$5.54K |
|
|
PAI
1538
Western Asset Investment Grade Income Fund
PAI
$113M
| $682K | ﹤0.01% |
46,760
+4,678
| +11% | +$66.8K |
|
1539
Invesco Active US Real Estate Fund
PSR
$60.6M
| $682K | ﹤0.01% |
8,864
-195
| -2% | -$14.8K |
|
1540
IBM
IBM
$214B
| $677K | ﹤0.01% |
4,056
+2,759
| +213% | +$463K |
|
1541
Korea Electric Power
KEP
$14.9B
| $677K | ﹤0.01% |
32,592
-16,195
| -33% | -$304K |
|
1542
Metallus
MTUS
$879M
| $677K | ﹤0.01% |
36,000
| – | – |
|
1543
iShares MSCI Global Gold Miners ETF
RING
$2.27B
| $675K | ﹤0.01% |
35,084
+2,017
| +6% | +$38.8K |
|
|
SIVB
1544
DELISTED
SVB Financial Group
SIVB
| $674K | ﹤0.01% |
3,665
+261
| +8% | +$47.5K |
|
1545
Community Trust Bancorp
CTBI
$1.42B
| $673K | ﹤0.01% |
14,884
+1,900
| +15% | +$88.4K |
|
1546
Helmerich & Payne
HP
$3.31B
| $672K | ﹤0.01% |
+10,076
| New | +$717K |
|
1547
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $672K | ﹤0.01% |
26,666
-2,934
| -10% | -$74K |
|
|
JPUS
1548
JPMorgan Diversified Return US Equity ETF
JPUS
$463M
| $671K | ﹤0.01% |
10,664
+1,477
| +16% | +$91.2K |
|
1549
KraneShares CSI China Internet ETF
KWEB
$5.41B
| $670K | ﹤0.01% |
15,656
+7,434
| +90% | +$294K |
|
|
MXIM
1550
DELISTED
Maxim Integrated Products
MXIM
| $670K | ﹤0.01% |
15,066
-3,474
| -19% | -$152K |
|
Similar funds
LPL Financial's Q1 2017 Portfolio in Review
As of Q1 2017, LPL Financial held 2,916 positions worth $14.7B, up 12% from $13.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
LPL Financial deployed $1.09B of net new capital in Q1 2017, opening 235 new positions and adding to 1,364 existing holdings. Its largest new stake was iShares Gold Trust: 517,438 shares worth $12.5M.
By sector, the portfolio is most concentrated in Financials at 2.4% of assets, down from 2.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Dow Jones Global Real Estate ETF, an estimated $39M trimmed.
- LPL Financial's largest Q1 2017 buy was iShares Gold Trust: 517,438 shares worth $12.5M.
- LPL Financial added most to iShares Core S&P US Growth ETF in Q1 2017, an estimated $195M increase.
- LPL Financial's biggest Q1 2017 reduction was State Street SPDR Dow Jones Global Real Estate ETF, cutting an estimated $39M.
- LPL Financial fully exited State Street SPDR S&P Dividend ETF in Q1 2017, selling an estimated $82.3M.
- LPL Financial's ten largest holdings make up 25% of its $14.7B portfolio in Q1 2017.
- LPL Financial opened 235 new positions and closed 216 in Q1 2017.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $14.7B.
Based on LPL Financial's 13F filing for Q1 2017, filed 15 May 2017.