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 | |
|---|---|---|---|---|---|---|
|
SLCA
1876
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $548K | ﹤0.01% |
17,625
+3,172
| +22% | +$91.9K |
|
1877
Korea Electric Power
KEP
$14.9B
| $547K | ﹤0.01% |
32,610
-1,765
| -5% | -$33.2K |
|
1878
Steven Madden
SHOO
$3.22B
| $547K | ﹤0.01% |
18,944
+1,661
| +10% | +$45.7K |
|
|
AGU
1879
DELISTED
Agrium
AGU
| $547K | ﹤0.01% |
5,105
-141
| -3% | -$14.1K |
|
1880
Sonoco
SON
$5.99B
| $546K | ﹤0.01% |
10,832
-1,227
| -10% | -$60.5K |
|
1881
Crane NXT
CXT
$3.14B
| $545K | ﹤0.01% |
19,632
-3,342
| -15% | -$89.6K |
|
|
DWFI
1882
DELISTED
SPDR Dorsey Wright Fixed Income Allocation ETF
DWFI
| $545K | ﹤0.01% |
21,179
+9,934
| +88% | +$255K |
|
1883
Nuveen Credit Strategies Income Fund
JQC
$702M
| $544K | ﹤0.01% |
64,089
-43,586
| -40% | -$370K |
|
1884
Everspin Technologies
MRAM
$328M
| $544K | ﹤0.01% |
31,850
+2,300
| +8% | +$41.7K |
|
|
IBDC
1885
DELISTED
iShares iBonds Mar 2020 Term Corporate ETF
IBDC
| $544K | ﹤0.01% |
20,708
+317
| +2% | +$8.33K |
|
|
GM.WS.B
1886
DELISTED
General Motors Company
GM.WS.B
| $544K | ﹤0.01% |
24,260
-391
| -2% | -$7.24K |
|
|
CYBR
1887
DELISTED
CyberArk
CYBR
| $543K | ﹤0.01% |
13,254
-28,175
| -68% | -$1.19M |
|
1888
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$680M
| $541K | ﹤0.01% |
13,340
-11,426
| -46% | -$447K |
|
|
AC
1889
DELISTED
Associated Capital Group
AC
| $540K | ﹤0.01% |
15,199
+5,201
| +52% | +$176K |
|
1890
CBRE Group
CBRE
$43.1B
| $539K | ﹤0.01% |
13,963
-884
| -6% | -$32.5K |
|
|
OPPJ
1891
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$274M
| $539K | ﹤0.01% |
25,240
+222
| +0.9% | +$4.49K |
|
1892
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.25B
| $539K | ﹤0.01% |
10,212
+369
| +4% | +$19.4K |
|
1893
Leggett & Platt
LEG
$1.47B
| $538K | ﹤0.01% |
11,271
-579
| -5% | -$28K |
|
1894
Pool Corp
POOL
$7B
| $538K | ﹤0.01% |
4,975
-5,458
| -52% | -$590K |
|
1895
Invesco AI and Next Gen Software ETF
IGPT
$1.12B
| $535K | ﹤0.01% |
25,971
+135
| +0.5% | +$2.65K |
|
|
LPT
1896
DELISTED
Liberty Property Trust
LPT
| $534K | ﹤0.01% |
13,004
+105
| +0.8% | +$4.39K |
|
1897
Match Group
MTCH
$9.16B
| $533K | ﹤0.01% |
22,980
-4,116
| -15% | -$83K |
|
|
SWIR
1898
DELISTED
Sierra Wireless
SWIR
| $533K | ﹤0.01% |
24,796
+9,156
| +59% | +$226K |
|
1899
Dorman Products
DORM
$4.28B
| $532K | ﹤0.01% |
7,608
+164
| +2% | +$11.8K |
|
1900
GoDaddy
GDDY
$13.6B
| $532K | ﹤0.01% |
12,238
+2,432
| +25% | +$105K |
|
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.