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 | |
|---|---|---|---|---|---|---|
1826
Cheniere Energy
CQP
$31B
| $584K | ﹤0.01% |
20,277
-96
| -0.5% | -$2.77K |
|
1827
Nuveen Core Equity Alpha Fund
JCE
$278M
| $584K | ﹤0.01% |
37,596
+5,785
| +18% | +$88.3K |
|
|
LTXB
1828
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $584K | ﹤0.01% |
14,638
+1,090
| +8% | +$41K |
|
|
BRW
1829
Saba Capital Income & Opportunities Fund
BRW
$336M
| $583K | ﹤0.01% |
55,737
-5,696
| -9% | -$59.7K |
|
|
WEB
1830
DELISTED
Web.com Group, Inc.
WEB
| $583K | ﹤0.01% |
23,332
+2,255
| +11% | +$54.1K |
|
1831
Agnico Eagle Mines
AEM
$71.9B
| $582K | ﹤0.01% |
12,881
+2,535
| +25% | +$119K |
|
1832
FMC
FMC
$1.37B
| $581K | ﹤0.01% |
7,455
-598
| -7% | -$43K |
|
1833
Invesco Total Return Bond ETF
GTO
$2.42B
| $580K | ﹤0.01% |
11,042
+74
| +0.7% | +$3.88K |
|
1834
McCormick & Company Voting
MKC.V
$13.7B
| $580K | ﹤0.01% |
11,292
| – | – |
|
|
FMBI
1835
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $580K | ﹤0.01% |
24,768
+1,289
| +5% | +$28.6K |
|
|
AXON
1836
Axon Enterprise
AXON
$44.1B
| $579K | ﹤0.01% |
25,551
-1,912
| -7% | -$44.8K |
|
|
BCS.PRD.CL
1837
DELISTED
Barclays Bank Plc
BCS.PRD.CL
| $578K | ﹤0.01% |
21,752
+398
| +2% | +$10.7K |
|
|
BGB
1838
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $577K | ﹤0.01% |
36,100
+17,436
| +93% | +$279K |
|
1839
Ligand Pharmaceuticals
LGND
$5.94B
| $577K | ﹤0.01% |
6,792
+382
| +6% | +$30.2K |
|
1840
Skywest
SKYW
$4.51B
| $577K | ﹤0.01% |
13,134
-888
| -6% | -$33.1K |
|
1841
Ichor Holdings
ICHR
$2.37B
| $576K | ﹤0.01% |
+21,496
| New | +$471K |
|
1842
iShares MSCI Turkey ETF
TUR
$204M
| $576K | ﹤0.01% |
13,771
-509
| -4% | -$22.4K |
|
1843
Nomura Holdings
NMR
$28.1B
| $574K | ﹤0.01% |
103,098
-2,444
| -2% | -$14K |
|
1844
Labcorp
LH
$25.8B
| $573K | ﹤0.01% |
4,413
-1,713
| -28% | -$228K |
|
1845
NRG Energy
NRG
$26.9B
| $573K | ﹤0.01% |
22,398
+52
| +0.2% | +$1.23K |
|
1846
Reliance Steel & Aluminium
RS
$21.2B
| $573K | ﹤0.01% |
7,503
+454
| +6% | +$33.2K |
|
|
SHLX
1847
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $573K | ﹤0.01% |
20,577
+299
| +1% | +$8.38K |
|
1848
Ferrari
RACE
$68.6B
| $572K | ﹤0.01% |
5,173
+2,109
| +69% | +$225K |
|
|
HTY
1849
DELISTED
JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND
HTY
| $572K | ﹤0.01% |
62,141
-189
| -0.3% | -$1.74K |
|
1850
OGE Energy
OGE
$10.2B
| $569K | ﹤0.01% |
15,789
-267
| -2% | -$9.52K |
|
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.