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 | |
|---|---|---|---|---|---|---|
1726
Invesco Leisure and Entertainment ETF
PEJ
$263M
| $770K | ﹤0.01% |
17,417
-1,828
| -9% | -$77.9K |
|
1727
MiMedx Group
MDXG
$649M
| $767K | ﹤0.01% |
60,862
+7,030
| +13% | +$85.7K |
|
|
EEP
1728
DELISTED
Enbridge Energy Partners
EEP
| $766K | ﹤0.01% |
55,487
-55,960
| -50% | -$814K |
|
|
JHMC
1729
DELISTED
John Hancock Multifactor Consumer Discretionary ETF
JHMC
| $766K | ﹤0.01% |
25,039
-2,853
| -10% | -$83.8K |
|
1730
Global X Internet of Things ETF
SNSR
$215M
| $760K | ﹤0.01% |
38,303
+15,923
| +71% | +$315K |
|
1731
Sprott Gold Miners ETF
SGDM
$543M
| $754K | ﹤0.01% |
36,411
-2,826
| -7% | -$57.4K |
|
1732
Telkom Indonesia
TLK
$14.2B
| $753K | ﹤0.01% |
23,378
+2,160
| +10% | +$67.6K |
|
|
DO
1733
DELISTED
Diamond Offshore Drilling
DO
| $752K | ﹤0.01% |
+40,455
| New | +$658K |
|
1734
Bruker
BRKR
$9.58B
| $749K | ﹤0.01% |
21,828
-203
| -0.9% | -$6.65K |
|
|
UHT
1735
Universal Health Realty Income Trust
UHT
$627M
| $749K | ﹤0.01% |
+9,973
| New | +$747K |
|
|
NFX
1736
DELISTED
Newfield Exploration
NFX
| $749K | ﹤0.01% |
+23,755
| New | +$721K |
|
|
EXK
1737
Endeavour Silver
EXK
$2.29B
| $748K | ﹤0.01% |
312,928
+301,356
| +2,604% | +$680K |
|
1738
iShares Global Clean Energy ETF
ICLN
$2.27B
| $745K | ﹤0.01% |
79,946
+11,339
| +17% | +$103K |
|
1739
Kinross Gold
KGC
$28.1B
| $745K | ﹤0.01% |
172,445
-1,373
| -0.8% | -$5.72K |
|
1740
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.7M
| $745K | ﹤0.01% |
21,229
-1,570
| -7% | -$53.9K |
|
1741
Pediatrix Medical
MD
$2.21B
| $744K | ﹤0.01% |
13,920
+199
| +1% | +$9.39K |
|
1742
abrdn Physical Palladium Shares ETF
PALL
$610M
| $740K | ﹤0.01% |
36,455
+300
| +0.8% | +$5.69K |
|
1743
Quanta Services
PWR
$88.3B
| $739K | ﹤0.01% |
18,904
-6,913
| -27% | -$259K |
|
1744
Amplify AI Powered Equity ETF
AIEQ
$120M
| $737K | ﹤0.01% |
+28,485
| New | +$718K |
|
1745
VanEck Retail ETF
RTH
$254M
| $735K | ﹤0.01% |
8,044
-244
| -3% | -$20.8K |
|
1746
Wabtec
WAB
$51.7B
| $735K | ﹤0.01% |
9,025
-70
| -0.8% | -$5.35K |
|
1747
Davis Select US Equity ETF
DUSA
$1.27B
| $734K | ﹤0.01% |
31,363
+7,194
| +30% | +$163K |
|
1748
Black Hills Corp
BKH
$5.69B
| $733K | ﹤0.01% |
12,188
+8,678
| +247% | +$538K |
|
1749
American Eagle Outfitters
AEO
$3.04B
| $732K | ﹤0.01% |
38,938
-3,636
| -9% | -$54.8K |
|
1750
Invesco Value Municipal Income Trust
IIM
$590M
| $732K | ﹤0.01% |
49,112
+12,282
| +33% | +$182K |
|
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.