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 | |
|---|---|---|---|---|---|---|
1826
Casey's General Stores
CASY
$31.7B
| $655K | ﹤0.01% |
5,844
+295
| +5% | +$33.7K |
|
1827
Global X Silver Miners ETF NEW
SIL
$3.99B
| $654K | ﹤0.01% |
20,047
-87
| -0.4% | -$2.78K |
|
1828
VanEck Short High Yield Muni ETF
SHYD
$452M
| $653K | ﹤0.01% |
27,000
-3,783
| -12% | -$92.2K |
|
|
CARB
1829
DELISTED
Carbonite Inc
CARB
| $653K | ﹤0.01% |
+26,000
| New | +$604K |
|
1830
Labcorp
LH
$25.8B
| $652K | ﹤0.01% |
4,750
+337
| +8% | +$44.5K |
|
1831
F5
FFIV
$22.8B
| $650K | ﹤0.01% |
4,945
-2,661
| -35% | -$331K |
|
1832
Gabelli Equity Trust
GAB
$1.76B
| $648K | ﹤0.01% |
107,068
+67,309
| +169% | +$410K |
|
|
CSA
1833
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $648K | ﹤0.01% |
14,059
+1,728
| +14% | +$78.5K |
|
1834
Eagle Materials
EXP
$6.86B
| $647K | ﹤0.01% |
5,710
+2,994
| +110% | +$324K |
|
1835
The Greenbrier Companies
GBX
$1.6B
| $646K | ﹤0.01% |
12,113
+731
| +6% | +$36.7K |
|
|
TERM
1836
DELISTED
EquityCompass Tactical Risk Manager ETF
TERM
| $645K | ﹤0.01% |
+28,856
| New | +$622K |
|
1837
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.43B
| $644K | ﹤0.01% |
51,855
-741
| -1% | -$8.91K |
|
|
BCPC
1838
Balchem Corp
BCPC
$5.33B
| $644K | ﹤0.01% |
8,004
-145
| -2% | -$12.1K |
|
1839
Fortive
FTV
$19.5B
| $643K | ﹤0.01% |
14,094
+2,458
| +21% | +$113K |
|
1840
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$904M
| $643K | ﹤0.01% |
49,600
-6,820
| -12% | -$88.7K |
|
1841
Ryder
R
$9.98B
| $643K | ﹤0.01% |
7,639
+58
| +0.8% | +$4.74K |
|
1842
Sarepta Therapeutics
SRPT
$1.63B
| $643K | ﹤0.01% |
+11,559
| New | +$612K |
|
1843
NovaGold Resources
NG
$2.55B
| $642K | ﹤0.01% |
163,287
+144,935
| +790% | +$576K |
|
|
BIVV
1844
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $641K | ﹤0.01% |
11,889
-199
| -2% | -$10.9K |
|
1845
Amdocs
DOX
$5.83B
| $640K | ﹤0.01% |
9,780
+1,233
| +14% | +$80K |
|
1846
Trex
TREX
$4.57B
| $640K | ﹤0.01% |
23,612
-2,432
| -9% | -$61.9K |
|
1847
Aegon
AEG
$13.6B
| $638K | ﹤0.01% |
124,574
+39,344
| +46% | +$192K |
|
|
DNKN
1848
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $637K | ﹤0.01% |
9,883
+1,050
| +12% | +$61.2K |
|
|
OPPJ
1849
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$274M
| $635K | ﹤0.01% |
27,534
+2,294
| +9% | +$51K |
|
1850
iShares US Insurance ETF
IAK
$525M
| $635K | ﹤0.01% |
9,542
+3,729
| +64% | +$246K |
|
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.