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 Mid-Cap ETF
IJH
|
+$83.3M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$80.6M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$73.4M |
| 4 |
Vanguard Total Bond Market
BND
|
+$72.3M |
| 5 |
iShares Core S&P US Growth ETF
IUSG
|
+$54.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$47.1M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$37.7M |
| 3 |
iShares Russell Mid-Cap Growth ETF
IWP
|
+$23.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$22.6M |
| 5 |
Vanguard S&P 500 Growth ETF
VOOG
|
+$20.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 2.88% |
| 3 | Healthcare | 2.49% |
| 4 | Industrials | 2.34% |
| 5 | Communication Services | 2.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PWT
1801
DELISTED
POWERSHARES DYNAMIC SMALL CAP GROWTH PORTFOLIO
PWT
| $606K | ﹤0.01% |
19,648
-366
| -2% | -$11.3K |
|
|
WSR
1802
DELISTED
Whitestone REIT
WSR
| $602K | ﹤0.01% |
46,112
+280
| +0.6% | +$3.58K |
|
1803
Gaming and Leisure Properties
GLPI
$13B
| $601K | ﹤0.01% |
16,279
-682
| -4% | -$25.8K |
|
1804
iShares US Small Cap Equity Factor ETF
SMLF
$4.11B
| $600K | ﹤0.01% |
15,763
+79
| +0.5% | +$2.87K |
|
|
DIVY
1805
DELISTED
Reality Shares DIVS ETF
DIVY
| $600K | ﹤0.01% |
23,281
-540
| -2% | -$13.9K |
|
1806
Apple Hospitality REIT
APLE
$3.97B
| $599K | ﹤0.01% |
31,654
-6,071
| -16% | -$111K |
|
1807
Zions Bancorporation
ZION
$10.1B
| $599K | ﹤0.01% |
12,688
-2,800
| -18% | -$125K |
|
1808
Capital One
COF
$130B
| $598K | ﹤0.01% |
7,064
-12,785
| -64% | -$1.05M |
|
1809
FirstEnergy
FE
$28.7B
| $598K | ﹤0.01% |
19,397
+77
| +0.4% | +$2.42K |
|
1810
Packaging Corp of America
PKG
$22.6B
| $597K | ﹤0.01% |
5,205
-2,469
| -32% | -$276K |
|
|
HIX
1811
Western Asset High Income Fund II
HIX
$349M
| $595K | ﹤0.01% |
82,522
-5,736
| -6% | -$41.3K |
|
1812
iShares Government/Credit Bond ETF
GBF
$133M
| $594K | ﹤0.01% |
5,189
+71
| +1% | +$8.14K |
|
1813
Metallus
MTUS
$879M
| $594K | ﹤0.01% |
36,000
| – | – |
|
1814
Pediatrix Medical
MD
$2.21B
| $592K | ﹤0.01% |
13,721
+175
| +1% | +$8.32K |
|
1815
United Airlines
UAL
$40.2B
| $591K | ﹤0.01% |
9,700
+4,337
| +81% | +$289K |
|
1816
ProShares Ultra Financials
UYG
$847M
| $590K | ﹤0.01% |
15,675
-279
| -2% | -$9.91K |
|
1817
Quest Diagnostics
DGX
$26B
| $589K | ﹤0.01% |
6,291
-8,303
| -57% | -$881K |
|
|
CVRR
1818
DELISTED
CVR Refining, LP
CVRR
| $589K | ﹤0.01% |
59,761
-1,988
| -3% | -$16.8K |
|
1819
Huntington Bancshares
HBAN
$35B
| $588K | ﹤0.01% |
42,110
-3,975
| -9% | -$52.3K |
|
1820
Ingredion
INGR
$6.48B
| $588K | ﹤0.01% |
4,874
-137
| -3% | -$16.7K |
|
1821
Nokia
NOK
$49.9B
| $588K | ﹤0.01% |
98,400
+8,287
| +9% | +$51.5K |
|
1822
Steris
STE
$22.4B
| $588K | ﹤0.01% |
6,669
-10,963
| -62% | -$929K |
|
1823
Louisiana-Pacific
LPX
$5.35B
| $586K | ﹤0.01% |
21,651
-31,104
| -59% | -$793K |
|
1824
Trex
TREX
$4.57B
| $586K | ﹤0.01% |
26,044
+3,924
| +18% | +$74.8K |
|
|
WPG
1825
DELISTED
Washington Prime Group Inc.
WPG
| $586K | ﹤0.01% |
7,819
+489
| +7% | +$37.9K |
|
Similar funds
LPL Financial's Q3 2017 Portfolio in Review
As of Q3 2017, LPL Financial held 3,008 positions worth $28.3B, up 7.3% from $26.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $998M of net new capital in Q3 2017, opening 212 new positions and adding to 1,478 existing holdings. Its largest new stake was JPMorgan BetaBuilders USD High Yield Corporate Bond ETF: 42,420 shares worth $2.19M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $47.1M trimmed.
- LPL Financial's largest Q3 2017 buy was JPMorgan BetaBuilders USD High Yield Corporate Bond ETF: 42,420 shares worth $2.19M.
- LPL Financial added most to iShares Core S&P Mid-Cap ETF in Q3 2017, an estimated $83.3M increase.
- LPL Financial's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $47.1M.
- LPL Financial fully exited Reynolds American Inc in Q3 2017, selling an estimated $13.2M.
- LPL Financial's ten largest holdings make up 24% of its $28.3B portfolio in Q3 2017.
- LPL Financial opened 212 new positions and closed 147 in Q3 2017.
- LPL Financial's portfolio value rose 7.3% quarter-over-quarter to $28.3B.
Based on LPL Financial's 13F filing for Q3 2017, filed 14 Nov 2017.