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 | |
|---|---|---|---|---|---|---|
2101
Yelp
YELP
$1.45B
| $408K | ﹤0.01% |
9,420
-734
| -7% | -$28.3K |
|
|
NVTA
2102
DELISTED
Invitae Corporation
NVTA
| $408K | ﹤0.01% |
43,545
+4,100
| +10% | +$38.9K |
|
|
CIK
2103
Credit Suisse Asset Management Income Fund
CIK
$135M
| $406K | ﹤0.01% |
119,743
+51,154
| +75% | +$172K |
|
2104
LCI Industries
LCII
$2.52B
| $406K | ﹤0.01% |
+3,505
| New | +$357K |
|
2105
Sibanye-Stillwater
SBSW
$6.05B
| $406K | ﹤0.01% |
96,613
+1,454
| +2% | +$7.31K |
|
2106
Allison Transmission
ALSN
$10.1B
| $405K | ﹤0.01% |
10,603
-18,653
| -64% | -$679K |
|
2107
Acadia Healthcare
ACHC
$2.99B
| $404K | ﹤0.01% |
8,465
-1,011
| -11% | -$49.3K |
|
2108
Impinj
PI
$3.97B
| $403K | ﹤0.01% |
9,681
+55
| +0.6% | +$2.31K |
|
2109
Global X S&P 500 Covered Call ETF
XYLD
$3.21B
| $403K | ﹤0.01% |
8,165
-121
| -1% | -$5.92K |
|
|
XEC
2110
DELISTED
CIMAREX ENERGY CO
XEC
| $403K | ﹤0.01% |
3,543
+1,070
| +43% | +$107K |
|
2111
Aegon
AEG
$13.5B
| $402K | ﹤0.01% |
85,230
+1,263
| +2% | +$5.72K |
|
2112
Boyd Gaming
BYD
$6.64B
| $401K | ﹤0.01% |
+15,395
| New | +$398K |
|
2113
Franklin US Equity Index ETF
USPX
$1.98B
| $401K | ﹤0.01% |
13,685
+1,204
| +10% | +$34.4K |
|
|
PACW
2114
DELISTED
PacWest Bancorp
PACW
| $401K | ﹤0.01% |
7,938
-2,188
| -22% | -$102K |
|
|
BAC.WS.A
2115
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $401K | ﹤0.01% |
30,306
+12,100
| +66% | +$145K |
|
2116
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.26B
| $399K | ﹤0.01% |
34,233
+890
| +3% | +$10.2K |
|
2117
Graco
GGG
$13B
| $399K | ﹤0.01% |
9,678
-831
| -8% | -$31.6K |
|
2118
Hain Celestial
HAIN
$46M
| $398K | ﹤0.01% |
9,729
-6,703
| -41% | -$277K |
|
2119
Interactive Brokers
IBKR
$41.1B
| $398K | ﹤0.01% |
35,340
+9,204
| +35% | +$93.9K |
|
2120
Kodak
KODK
$788M
| $398K | ﹤0.01% |
54,131
+4,825
| +10% | +$40.1K |
|
|
ETO
2121
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$493M
| $397K | ﹤0.01% |
16,139
+400
| +3% | +$9.75K |
|
2122
Community Trust Bancorp
CTBI
$1.39B
| $396K | ﹤0.01% |
8,509
-6,025
| -41% | -$259K |
|
2123
iShares MSCI Mexico ETF
EWW
$1.91B
| $396K | ﹤0.01% |
7,260
-2,746
| -27% | -$154K |
|
2124
NiSource
NI
$22B
| $396K | ﹤0.01% |
15,464
+570
| +4% | +$15K |
|
|
ENLC
2125
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $396K | ﹤0.01% |
22,983
-125
| -0.5% | -$2.16K |
|
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.