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 | |
|---|---|---|---|---|---|---|
1776
Edgewell Personal Care
EPC
$1.28B
| $573K | ﹤0.01% |
7,542
-2,194
| -23% | -$161K |
|
1777
Invesco Total Return Bond ETF
GTO
$2.42B
| $573K | ﹤0.01% |
10,968
+2,135
| +24% | +$111K |
|
|
GXP
1778
DELISTED
Great Plains Energy Incorporated
GXP
| $572K | ﹤0.01% |
19,530
+9,879
| +102% | +$287K |
|
1779
Waters Corp
WAT
$36.4B
| $570K | ﹤0.01% |
3,155
+1,298
| +70% | +$226K |
|
1780
Howard Hughes
HHH
$3.93B
| $569K | ﹤0.01% |
4,856
+546
| +13% | +$64.6K |
|
1781
Acuity Brands
AYI
$10.1B
| $568K | ﹤0.01% |
2,794
-5,014
| -64% | -$885K |
|
1782
iShares MSCI India Small-Cap ETF
SMIN
$750M
| $568K | ﹤0.01% |
12,779
+1,139
| +10% | +$50.4K |
|
1783
iShares US Small Cap Equity Factor ETF
SMLF
$4.1B
| $568K | ﹤0.01% |
15,684
-2,016
| -11% | -$72.2K |
|
|
BCS.PRD.CL
1784
DELISTED
Barclays Bank Plc
BCS.PRD.CL
| $568K | ﹤0.01% |
21,354
+3,449
| +19% | +$90.9K |
|
1785
KLA
KLAC
$266B
| $567K | ﹤0.01% |
61,940
+6,050
| +11% | +$60.4K |
|
1786
Pembina Pipeline
PBA
$29B
| $567K | ﹤0.01% |
17,131
-835
| -5% | -$27K |
|
|
PNRA
1787
DELISTED
Panera Bread Co
PNRA
| $567K | ﹤0.01% |
2,022
-1,958
| -49% | -$612K |
|
1788
Incyte
INCY
$23.7B
| $565K | ﹤0.01% |
+4,492
| New | +$572K |
|
1789
Community Health Systems
CYH
$383M
| $564K | ﹤0.01% |
56,632
-5,716
| -9% | -$52.3K |
|
1790
FirstEnergy
FE
$28.5B
| $563K | ﹤0.01% |
19,320
+1,413
| +8% | +$42K |
|
1791
State Street SPDR S&P China ETF
GXC
$453M
| $562K | ﹤0.01% |
6,291
+533
| +9% | +$45.9K |
|
1792
Alliance Resource Partners
ARLP
$3.3B
| $561K | ﹤0.01% |
29,661
-4,240
| -13% | -$91.6K |
|
1793
Camping World
CWH
$389M
| $561K | ﹤0.01% |
+18,171
| New | +$537K |
|
|
WSR
1794
DELISTED
Whitestone REIT
WSR
| $561K | ﹤0.01% |
45,832
+8,040
| +21% | +$101K |
|
1795
Peoples Bancorp of North Carolina
PEBK
$229M
| $560K | ﹤0.01% |
19,484
| – | – |
|
1796
Canadian Imperial Bank of Commerce
CM
$108B
| $559K | ﹤0.01% |
13,770
+2,008
| +17% | +$81.1K |
|
1797
OGE Energy
OGE
$10.2B
| $559K | ﹤0.01% |
16,056
-261
| -2% | -$9.13K |
|
|
FIF
1798
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $559K | ﹤0.01% |
29,784
-46,076
| -61% | -$859K |
|
|
CUK
1799
DELISTED
Carnival PLC
CUK
| $558K | ﹤0.01% |
8,441
+303
| +4% | +$18.8K |
|
1800
WisdomTree International MidCap Dividend Fund
DIM
$165M
| $558K | ﹤0.01% |
8,753
+1,121
| +15% | +$70.6K |
|
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.