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 | |
|---|---|---|---|---|---|---|
|
REV
2001
DELISTED
Revlon, Inc.
REV
| $463K | ﹤0.01% |
18,865
+200
| +1% | +$3.87K |
|
2002
LXP Industrial Trust
LXP
$3.52B
| $462K | ﹤0.01% |
9,041
-753
| -8% | -$37.6K |
|
2003
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.02B
| $462K | ﹤0.01% |
+15,610
| New | +$451K |
|
|
ELLI
2004
DELISTED
Ellie Mae Inc
ELLI
| $462K | ﹤0.01% |
5,620
-7,574
| -57% | -$695K |
|
|
LGI
2005
Lazard Global Total Return & Income Fund
LGI
$235M
| $460K | ﹤0.01% |
27,418
+2,011
| +8% | +$33.3K |
|
2006
Reinsurance Group of America
RGA
$15.7B
| $460K | ﹤0.01% |
3,300
-33
| -1% | -$4.46K |
|
2007
ALPS Medical Breakthroughs ETF
SBIO
$205M
| $460K | ﹤0.01% |
14,766
+3,351
| +29% | +$98.3K |
|
|
ANFI
2008
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $460K | ﹤0.01% |
76,454
+8,212
| +12% | +$46.9K |
|
2009
Clean Harbors
CLH
$15.9B
| $459K | ﹤0.01% |
8,261
+1,699
| +26% | +$92.5K |
|
2010
Wintrust Financial
WTFC
$10.7B
| $459K | ﹤0.01% |
5,866
+718
| +14% | +$53.4K |
|
|
ANH
2011
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $459K | ﹤0.01% |
76,442
+510
| +0.7% | +$3.09K |
|
2012
Pilgrim's Pride
PPC
$6.94B
| $458K | ﹤0.01% |
16,134
+2,931
| +22% | +$77.1K |
|
2013
Invesco S&P MidCap 400 Pure Value ETF
RFV
$334M
| $456K | ﹤0.01% |
7,042
-192
| -3% | -$12K |
|
2014
U-Haul Holding Co
UHAL
$14.3B
| $456K | ﹤0.01% |
12,170
+6,550
| +117% | +$245K |
|
|
NFJ
2015
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $455K | ﹤0.01% |
33,961
-1,596
| -4% | -$21.1K |
|
2016
UGI
UGI
$7.91B
| $455K | ﹤0.01% |
9,707
+214
| +2% | +$10.4K |
|
|
TCF
2017
DELISTED
TCF Financial Corporation
TCF
| $455K | ﹤0.01% |
26,722
+312
| +1% | +$4.92K |
|
2018
Hanover Insurance
THG
$7.68B
| $454K | ﹤0.01% |
4,686
-336
| -7% | -$32K |
|
2019
Tootsie Roll Industries
TR
$2.9B
| $454K | ﹤0.01% |
15,584
-544
| -3% | -$15.4K |
|
2020
Orion
OEC
$379M
| $453K | ﹤0.01% |
20,163
+1,563
| +8% | +$33.5K |
|
2021
US Commodity Index
USCI
$365M
| $453K | ﹤0.01% |
11,320
+3,028
| +37% | +$120K |
|
2022
Woodward
WWD
$25B
| $453K | ﹤0.01% |
5,853
+1,135
| +24% | +$79.9K |
|
2023
Ryanair
RYAAY
$29.9B
| $452K | ﹤0.01% |
10,725
+5,265
| +96% | +$238K |
|
2024
Cambria Global Value ETF
GVAL
$574M
| $451K | ﹤0.01% |
17,866
+2,285
| +15% | +$57K |
|
|
BTO
2025
John Hancock Financial Opportunities Fund
BTO
$805M
| $450K | ﹤0.01% |
12,069
+817
| +7% | +$28.4K |
|
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.