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 Value ETF
VTV
|
+$117M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$108M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$102M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$101M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$41.1M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$32.7M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$23.3M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
+$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$18.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.98% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.38% |
| 4 | Healthcare | 2.3% |
| 5 | Communication Services | 2.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NS
2151
DELISTED
NuStar Energy L.P.
NS
| $450K | ﹤0.01% |
15,024
-4,766
| -24% | -$155K |
|
2152
iShares Emerging Markets Equity Factor ETF
EMGF
$1.78B
| $448K | ﹤0.01% |
+9,049
| New | +$437K |
|
2153
Smith & Nephew
SNN
$13.6B
| $447K | ﹤0.01% |
12,777
-1,138
| -8% | -$41.4K |
|
2154
Henry Schein
HSIC
$9.73B
| $446K | ﹤0.01% |
8,133
-5,701
| -41% | -$331K |
|
|
SPYB
2155
DELISTED
SPDR S&P 500 Buyback ETF
SPYB
| $446K | ﹤0.01% |
7,159
+409
| +6% | +$24.5K |
|
|
BNCL
2156
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $446K | ﹤0.01% |
27,087
-2,280
| -8% | -$37.9K |
|
2157
Schwab Fundamental International Large Company Index ETF
FNDF
$24.4B
| $442K | ﹤0.01% |
14,534
+2,331
| +19% | +$70.5K |
|
2158
Rapid7
RPD
$664M
| $441K | ﹤0.01% |
23,625
-1,900
| -7% | -$35.2K |
|
|
IDTI
2159
DELISTED
Integrated Device Technology I
IDTI
| $441K | ﹤0.01% |
14,850
+608
| +4% | +$18.3K |
|
2160
Broadridge
BR
$18.3B
| $440K | ﹤0.01% |
4,853
+1,208
| +33% | +$105K |
|
2161
Liberty Broadband Class C
LBRDK
$4.69B
| $440K | ﹤0.01% |
5,163
-595
| -10% | -$53K |
|
2162
Nordic American Tanker
NAT
$1.36B
| $440K | ﹤0.01% |
178,865
-2,015
| -1% | -$8.34K |
|
2163
Ryanair
RYAAY
$30.8B
| $440K | ﹤0.01% |
10,553
-172
| -2% | -$7.66K |
|
|
FRC
2164
DELISTED
First Republic Bank
FRC
| $440K | ﹤0.01% |
5,075
+2,307
| +83% | +$219K |
|
|
KEM
2165
DELISTED
KEMET Corporation
KEM
| $440K | ﹤0.01% |
29,201
+4,470
| +18% | +$85.1K |
|
2166
Assured Guaranty
AGO
$3.77B
| $439K | ﹤0.01% |
12,963
+223
| +2% | +$8.09K |
|
2167
Moody's
MCO
$84B
| $439K | ﹤0.01% |
2,971
+165
| +6% | +$24.2K |
|
|
NCV
2168
Virtus Convertible & Income Fund
NCV
$376M
| $439K | ﹤0.01% |
15,600
+10,010
| +179% | +$283K |
|
2169
MSC Industrial Direct
MSM
$6.97B
| $437K | ﹤0.01% |
4,508
+873
| +24% | +$73K |
|
2170
Ally Financial
ALLY
$13.4B
| $436K | ﹤0.01% |
14,965
-4,149
| -22% | -$110K |
|
2171
Emcor
EME
$31.4B
| $436K | ﹤0.01% |
5,335
-97
| -2% | -$7.51K |
|
2172
NiSource
NI
$22.1B
| $436K | ﹤0.01% |
16,970
+1,506
| +10% | +$40K |
|
|
GLOP
2173
DELISTED
GASLOG PARTNERS LP
GLOP
| $435K | ﹤0.01% |
17,572
+2,673
| +18% | +$62K |
|
|
LEO
2174
BNY Mellon Strategic Municipals
LEO
$386M
| $434K | ﹤0.01% |
50,246
+11,157
| +29% | +$97.8K |
|
2175
Texas Roadhouse
TXRH
$13.5B
| $434K | ﹤0.01% |
8,245
-895
| -10% | -$45.2K |
|
Similar funds
LPL Financial's Q4 2017 Portfolio in Review
As of Q4 2017, LPL Financial held 3,144 positions worth $32.9B, up 16% from $28.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial deployed $3.28B of net new capital in Q4 2017, opening 280 new positions and adding to 1,728 existing holdings. Its largest new stake was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was State Street Health Care Select Sector SPDR ETF, an estimated $41.1M trimmed.
- LPL Financial's largest Q4 2017 buy was Corporate Capital Trust, Inc.: 1,839,393 shares worth $29.4M.
- LPL Financial added most to Vanguard Value ETF in Q4 2017, an estimated $117M increase.
- LPL Financial's biggest Q4 2017 reduction was State Street Health Care Select Sector SPDR ETF, cutting an estimated $41.1M.
- LPL Financial fully exited iShares iBonds Dec 2017 Term Corporate ETF in Q4 2017, selling an estimated $4.66M.
- LPL Financial's ten largest holdings make up 24% of its $32.9B portfolio in Q4 2017.
- LPL Financial opened 280 new positions and closed 123 in Q4 2017.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $32.9B.
Based on LPL Financial's 13F filing for Q4 2017, filed 14 Feb 2018.