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 | |
|---|---|---|---|---|---|---|
|
FNSR
1876
DELISTED
Finisar Corp
FNSR
| $503K | ﹤0.01% |
19,380
+6,830
| +54% | +$170K |
|
1877
GoPro
GPRO
$119M
| $500K | ﹤0.01% |
61,483
+4,390
| +8% | +$37.1K |
|
1878
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$355M
| $499K | ﹤0.01% |
10,675
-510
| -5% | -$23.8K |
|
|
EIM
1879
Eaton Vance Municipal Bond Fund
EIM
$493M
| $499K | ﹤0.01% |
39,307
-82,179
| -68% | -$1.04M |
|
1880
The Greenbrier Companies
GBX
$1.56B
| $499K | ﹤0.01% |
+10,789
| New | +$492K |
|
|
DRA
1881
DELISTED
Diversified Real Asset Income Fd
DRA
| $499K | ﹤0.01% |
28,609
-45,164
| -61% | -$787K |
|
1882
Texas Roadhouse
TXRH
$13.2B
| $498K | ﹤0.01% |
9,777
+1,433
| +17% | +$69.2K |
|
|
FNI
1883
DELISTED
First Trust Chindia ETF
FNI
| $498K | ﹤0.01% |
14,186
-5,949
| -30% | -$202K |
|
|
OPPJ
1884
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$279M
| $497K | ﹤0.01% |
25,018
-5,756
| -19% | -$111K |
|
1885
Ubiquiti
UI
$32.7B
| $497K | ﹤0.01% |
9,564
+2,705
| +39% | +$134K |
|
1886
Xerox
XRX
$357M
| $497K | ﹤0.01% |
17,296
-587
| -3% | -$16.6K |
|
|
IPF
1887
DELISTED
SPDR S&P International Financial Sector
IPF
| $497K | ﹤0.01% |
22,610
+9,250
| +69% | +$195K |
|
1888
Empire State Realty Series ES
ESBA
$1.49B
| $494K | ﹤0.01% |
23,774
| – | – |
|
|
FLIC
1889
DELISTED
First of Long Island Corp
FLIC
| $493K | ﹤0.01% |
17,255
-358
| -2% | -$9.82K |
|
1890
Jazz Pharmaceuticals
JAZZ
$16B
| $493K | ﹤0.01% |
3,173
-57
| -2% | -$8.72K |
|
1891
Q2 Holdings
QTWO
$3.64B
| $493K | ﹤0.01% |
13,342
-9,476
| -42% | -$360K |
|
1892
Kinross Gold
KGC
$28.6B
| $492K | ﹤0.01% |
120,818
+21,931
| +22% | +$87.2K |
|
1893
Skywest
SKYW
$4.37B
| $492K | ﹤0.01% |
14,022
+2,322
| +20% | +$81.5K |
|
1894
Guggenheim Strategic Opportunities Fund
GOF
$2.22B
| $488K | ﹤0.01% |
23,117
-42,356
| -65% | -$887K |
|
1895
Hercules Capital
HTGC
$2.95B
| $487K | ﹤0.01% |
36,764
-12,890
| -26% | -$179K |
|
1896
iShares MSCI Japan Small-Cap ETF
SCJ
$255M
| $487K | ﹤0.01% |
6,979
+22
| +0.3% | +$1.51K |
|
1897
United States Brent Oil Fund
BNO
$755M
| $486K | ﹤0.01% |
37,363
+19,611
| +110% | +$268K |
|
1898
VanEck Steel ETF
SLX
$167M
| $486K | ﹤0.01% |
12,621
-1,784
| -12% | -$66.5K |
|
1899
TransDigm Group
TDG
$71.9B
| $486K | ﹤0.01% |
1,809
-127
| -7% | -$32.2K |
|
1900
Take-Two Interactive
TTWO
$45.3B
| $486K | ﹤0.01% |
+6,621
| New | +$453K |
|
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.