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 | |
|---|---|---|---|---|---|---|
1526
Renasant Corp
RNST
$4.05B
| $1.01M | ﹤0.01% |
24,675
+56
| +0.2% | +$2.34K |
|
|
REEM
1527
DELISTED
Invesco Emerging Markets Revenue ETF
REEM
| $1.01M | ﹤0.01% |
36,658
+21,218
| +137% | +$580K |
|
|
RMT
1528
Royce Micro-Cap Trust
RMT
$733M
| $1M | ﹤0.01% |
106,204
+6,617
| +7% | +$61.7K |
|
1529
Toll Brothers
TOL
$14.5B
| $1M | ﹤0.01% |
20,884
+4,475
| +27% | +$206K |
|
1530
Capital One
COF
$130B
| $1M | ﹤0.01% |
10,065
+3,001
| +42% | +$274K |
|
1531
iShares S&P India Nifty 50 Index Fund
INDY
$560M
| $1M | ﹤0.01% |
26,962
-210
| -0.8% | -$7.52K |
|
1532
BlackRock Taxable Municipal Bond Trust
BBN
$978M
| $1M | ﹤0.01% |
43,127
+9,927
| +30% | +$231K |
|
1533
Deckers Outdoor
DECK
$14.2B
| $999K | ﹤0.01% |
74,706
-3,876
| -5% | -$46.4K |
|
1534
Philips
PHG
$24.8B
| $998K | ﹤0.01% |
34,771
+717
| +2% | +$21.6K |
|
1535
VanEck Low Carbon Energy ETF
SMOG
$126M
| $998K | ﹤0.01% |
16,314
+4,466
| +38% | +$271K |
|
1536
RingCentral
RNG
$4.77B
| $997K | ﹤0.01% |
20,589
+11,257
| +121% | +$512K |
|
1537
Landstar System
LSTR
$6.29B
| $994K | ﹤0.01% |
9,530
-533
| -5% | -$53.5K |
|
1538
APA Corp
APA
$12.3B
| $990K | ﹤0.01% |
23,450
-251
| -1% | -$10.6K |
|
1539
iShares MSCI Intl Quality Factor ETF
IQLT
$13.7B
| $986K | ﹤0.01% |
33,254
+772
| +2% | +$22.6K |
|
1540
United Airlines
UAL
$40.2B
| $986K | ﹤0.01% |
14,636
+4,936
| +51% | +$308K |
|
|
EFII
1541
DELISTED
Electronics for Imaging
EFII
| $986K | ﹤0.01% |
33,393
-3,147
| -9% | -$105K |
|
1542
Peabody Energy
BTU
$2.83B
| $980K | ﹤0.01% |
+24,886
| New | +$808K |
|
1543
C.H. Robinson
CHRW
$20B
| $980K | ﹤0.01% |
10,998
+547
| +5% | +$44.6K |
|
1544
Fidelity MSCI Information Technology Index ETF
FTEC
$19.4B
| $979K | ﹤0.01% |
19,591
+1,648
| +9% | +$81.1K |
|
1545
Chemours
CC
$2.57B
| $975K | ﹤0.01% |
19,470
-78
| -0.4% | -$4.09K |
|
1546
Bright Horizons
BFAM
$4.24B
| $971K | ﹤0.01% |
10,335
+1,880
| +22% | +$167K |
|
1547
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $971K | ﹤0.01% |
40,187
+9,761
| +32% | +$236K |
|
|
LSXMK
1548
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $968K | ﹤0.01% |
32,048
-558
| -2% | -$17.7K |
|
1549
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.06B
| $966K | ﹤0.01% |
19,293
+1,030
| +6% | +$51.6K |
|
|
CVRR
1550
DELISTED
CVR Refining, LP
CVRR
| $965K | ﹤0.01% |
58,331
-1,430
| -2% | -$17.7K |
|
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.