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 US Growth ETF
IUSG
|
+$195M |
| 2 |
iShares Core S&P US Value ETF
IUSV
|
+$162M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$131M |
| 4 |
Global X MLP & Energy Infrastructure ETF
MLPX
|
+$62.6M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$61.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Dividend ETF
SDY
|
+$82.3M |
| 2 |
State Street SPDR Dow Jones Global Real Estate ETF
RWO
|
+$39M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$35.5M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.1M |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.4% |
| 2 | Technology | 1.31% |
| 3 | Healthcare | 1.28% |
| 4 | Consumer Discretionary | 1.07% |
| 5 | Industrials | 1.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYS
2151
DELISTED
CYS Investments Inc.
CYS
| $316K | ﹤0.01% |
39,500
| – | – |
|
2152
Quaker Houghton
KWR
$2.63B
| $315K | ﹤0.01% |
2,450
-50
| -2% | -$6.54K |
|
2153
Northern Trust
NTRS
$22.4B
| $315K | ﹤0.01% |
3,654
+88
| +2% | +$7.65K |
|
|
AYR
2154
DELISTED
Aircastle Ltd
AYR
| $315K | ﹤0.01% |
13,302
-354
| -3% | -$8.2K |
|
|
TIS
2155
DELISTED
Orchids Paper Products, Inc.
TIS
| $315K | ﹤0.01% |
13,441
+4,639
| +53% | +$125K |
|
|
DCH
2156
Dauch Corp
DCH
$1.32B
| $314K | ﹤0.01% |
17,846
-566
| -3% | -$11.3K |
|
2157
NRG Energy
NRG
$28.8B
| $314K | ﹤0.01% |
16,753
+800
| +5% | +$13.3K |
|
2158
Timken Company
TKR
$9.81B
| $314K | ﹤0.01% |
+7,087
| New | +$312K |
|
2159
New Mountain Finance
NMFC
$649M
| $312K | ﹤0.01% |
20,898
+224
| +1% | +$3.27K |
|
2160
Virtu Financial
VIRT
$5.12B
| $312K | ﹤0.01% |
+18,461
| New | +$319K |
|
2161
Arrow Financial
AROW
$664M
| $311K | ﹤0.01% |
11,229
-172
| -2% | -$4.99K |
|
|
BWP
2162
DELISTED
Boardwalk Pipeline Partners
BWP
| $311K | ﹤0.01% |
16,869
-3,512
| -17% | -$64K |
|
2163
Douglas Emmett
DEI
$2.03B
| $310K | ﹤0.01% |
8,050
+10
| +0.1% | +$384 |
|
|
KSM
2164
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $310K | ﹤0.01% |
25,012
+647
| +3% | +$8.04K |
|
|
COTV
2165
DELISTED
Cotiviti Holdings, Inc.
COTV
| $310K | ﹤0.01% |
7,594
-1,666
| -18% | -$60.7K |
|
|
AEUA
2166
DELISTED
Anadarko Petroleum Corporation
AEUA
| $310K | ﹤0.01% |
7,080
+750
| +12% | +$32.6K |
|
|
VIA
2167
DELISTED
Viacom Inc. Class A
VIA
| $310K | ﹤0.01% |
+6,487
| New | +$291K |
|
|
ALE
2168
DELISTED
Allete
ALE
| $309K | ﹤0.01% |
4,608
-424
| -8% | -$27.8K |
|
2169
Broadridge
BR
$17.7B
| $309K | ﹤0.01% |
4,559
+85
| +2% | +$5.76K |
|
|
AFT
2170
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $309K | ﹤0.01% |
17,722
-191
| -1% | -$3.36K |
|
2171
Nuveen Municipal Income
NMI
$131M
| $308K | ﹤0.01% |
24,099
-5,743
| -19% | -$66.1K |
|
2172
Rayonier
RYN
$6.52B
| $308K | ﹤0.01% |
11,976
+526
| +5% | +$13.5K |
|
2173
VanEck CEF Muni Income ETF
XMPT
$219M
| $308K | ﹤0.01% |
11,757
-20,369
| -63% | -$532K |
|
|
HCRF
2174
DELISTED
iShares Edge MSCI Multifactor Healthcare ETF
HCRF
| $308K | ﹤0.01% |
11,238
+3,188
| +40% | +$85.1K |
|
2175
CGI
GIB
$14.5B
| $307K | ﹤0.01% |
6,472
+1,271
| +24% | +$61K |
|
Similar funds
LPL Financial's Q1 2017 Portfolio in Review
As of Q1 2017, LPL Financial held 2,916 positions worth $14.7B, up 12% from $13.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
LPL Financial deployed $1.09B of net new capital in Q1 2017, opening 235 new positions and adding to 1,364 existing holdings. Its largest new stake was iShares Gold Trust: 517,438 shares worth $12.5M.
By sector, the portfolio is most concentrated in Financials at 2.4% of assets, down from 2.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Dow Jones Global Real Estate ETF, an estimated $39M trimmed.
- LPL Financial's largest Q1 2017 buy was iShares Gold Trust: 517,438 shares worth $12.5M.
- LPL Financial added most to iShares Core S&P US Growth ETF in Q1 2017, an estimated $195M increase.
- LPL Financial's biggest Q1 2017 reduction was State Street SPDR Dow Jones Global Real Estate ETF, cutting an estimated $39M.
- LPL Financial fully exited State Street SPDR S&P Dividend ETF in Q1 2017, selling an estimated $82.3M.
- LPL Financial's ten largest holdings make up 25% of its $14.7B portfolio in Q1 2017.
- LPL Financial opened 235 new positions and closed 216 in Q1 2017.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $14.7B.
Based on LPL Financial's 13F filing for Q1 2017, filed 15 May 2017.