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 | |
|---|---|---|---|---|---|---|
|
MNK
2051
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $401K | ﹤0.01% |
+8,950
| New | +$393K |
|
|
SWIN
2052
DELISTED
Alps/Dorsey Wright Sector Momentum ETF
SWIN
| $401K | ﹤0.01% |
14,822
+3,231
| +28% | +$85.9K |
|
2053
Lexicon Pharmaceuticals
LXRX
$991M
| $400K | ﹤0.01% |
24,314
-6,326
| -21% | -$98K |
|
2054
Rollins
ROL
$18.8B
| $399K | ﹤0.01% |
22,057
+5,875
| +36% | +$105K |
|
|
BBBY
2055
DELISTED
Bed Bath & Beyond Inc
BBBY
| $399K | ﹤0.01% |
13,127
-2,362
| -15% | -$85.4K |
|
2056
Hawaiian Electric Industries
HE
$2.28B
| $398K | ﹤0.01% |
12,283
-2,569
| -17% | -$85.4K |
|
2057
Grand Canyon Education
LOPE
$3.84B
| $396K | ﹤0.01% |
5,048
-934
| -16% | -$71.5K |
|
2058
Prudential
PUK
$36.6B
| $396K | ﹤0.01% |
8,862
-2,197
| -20% | -$95K |
|
2059
ProShares VIX Short-Term Futures ETF
VIXY
$209M
| $396K | ﹤0.01% |
116
+45
| +63% | +$173K |
|
|
ABCO
2060
DELISTED
Advisory Board Co
ABCO
| $395K | ﹤0.01% |
+7,756
| New | +$389K |
|
2061
Charles River Laboratories
CRL
$10.8B
| $394K | ﹤0.01% |
3,968
+245
| +7% | +$22.6K |
|
|
FMY
2062
First Trust Mortgage Income Fund
FMY
$48.9M
| $394K | ﹤0.01% |
27,787
-46,138
| -62% | -$651K |
|
2063
Avista
AVA
$3.43B
| $393K | ﹤0.01% |
9,247
+392
| +4% | +$16.4K |
|
2064
Wolfspeed
WOLF
$1.24B
| $393K | ﹤0.01% |
15,954
-1,491
| -9% | -$35.7K |
|
2065
Wintrust Financial
WTFC
$10.7B
| $393K | ﹤0.01% |
5,148
-790
| -13% | -$56.6K |
|
|
HOUS
2066
DELISTED
Anywhere Real Estate
HOUS
| $392K | ﹤0.01% |
12,077
-7,057
| -37% | -$214K |
|
2067
Hormel Foods
HRL
$14.3B
| $392K | ﹤0.01% |
11,485
+156
| +1% | +$5.37K |
|
2068
OneMain Financial
OMF
$7.08B
| $392K | ﹤0.01% |
15,948
-10,724
| -40% | -$252K |
|
2069
Banco Santander
SAN
$200B
| $392K | ﹤0.01% |
+61,217
| New | +$380K |
|
|
NGD
2070
DELISTED
New Gold Inc
NGD
| $391K | ﹤0.01% |
122,968
-15,337
| -11% | -$46K |
|
2071
Clearwater Paper
CLW
$278M
| $390K | ﹤0.01% |
8,342
-966
| -10% | -$46.6K |
|
2072
Cinemark Holdings
CNK
$3.93B
| $390K | ﹤0.01% |
+10,192
| New | +$422K |
|
2073
Moody's
MCO
$84.2B
| $390K | ﹤0.01% |
+3,202
| New | +$375K |
|
|
IBCE
2074
DELISTED
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF
IBCE
| $390K | ﹤0.01% |
15,885
-1,093
| -6% | -$26.8K |
|
2075
Guidewire Software
GWRE
$12.4B
| $389K | ﹤0.01% |
+5,670
| New | +$361K |
|
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.