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 | |
|---|---|---|---|---|---|---|
|
ERC
2201
Allspring Multi-Sector Income Fund
ERC
$254M
| $331K | ﹤0.01% |
24,774
-48,838
| -66% | -$657K |
|
|
WPX
2202
DELISTED
WPX Energy, Inc.
WPX
| $331K | ﹤0.01% |
34,274
+14,683
| +75% | +$167K |
|
|
TUZ
2203
DELISTED
PIMCO 1-3 Year U.S. Treasury Index Exchange-Traded Fund
TUZ
| $331K | ﹤0.01% |
6,538
-2,321
| -26% | -$118K |
|
|
FIG
2204
DELISTED
Fortress Investment Group Llc
FIG
| $330K | ﹤0.01% |
41,300
+200
| +0.5% | +$1.6K |
|
2205
EnerSys
ENS
$6.94B
| $329K | ﹤0.01% |
4,535
+1,373
| +43% | +$108K |
|
2206
Pentair
PNR
$10.2B
| $329K | ﹤0.01% |
7,356
+382
| +5% | +$16.7K |
|
2207
Vornado Realty Trust
VNO
$7.43B
| $329K | ﹤0.01% |
4,328
-9,853
| -69% | -$763K |
|
|
TEN
2208
Tsakos Energy Navigation Ltd
TEN
$1.18B
| $329K | ﹤0.01% |
13,723
+295
| +2% | +$6.73K |
|
2209
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$421M
| $328K | ﹤0.01% |
+3,581
| New | +$319K |
|
|
FGB
2210
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $327K | ﹤0.01% |
45,102
-8,682
| -16% | -$64.1K |
|
2211
Globe Life
GL
$13.5B
| $327K | ﹤0.01% |
4,269
-907
| -18% | -$69K |
|
|
PHK
2212
PIMCO High Income Fund
PHK
$863M
| $327K | ﹤0.01% |
37,395
-267,124
| -88% | -$2.34M |
|
2213
Teledyne Technologies
TDY
$30.2B
| $327K | ﹤0.01% |
+2,391
| New | +$310K |
|
2214
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $327K | ﹤0.01% |
4,929
+344
| +8% | +$22.7K |
|
|
EV
2215
DELISTED
Eaton Vance Corp.
EV
| $327K | ﹤0.01% |
6,906
+1,059
| +18% | +$48.2K |
|
|
LCM
2216
DELISTED
Advent/Claymore Enhanced Gth & F
LCM
| $327K | ﹤0.01% |
37,383
-39,410
| -51% | -$343K |
|
|
PKO
2217
DELISTED
Pimco Income Opportunity Fund
PKO
| $327K | ﹤0.01% |
12,174
-45,366
| -79% | -$1.18M |
|
2218
Evertec
EVTC
$1.88B
| $326K | ﹤0.01% |
18,845
-13,285
| -41% | -$217K |
|
2219
Flowserve
FLS
$9.29B
| $326K | ﹤0.01% |
+7,399
| New | +$357K |
|
|
IIF
2220
Morgan Stanley India Investment Fund
IIF
$212M
| $326K | ﹤0.01% |
10,056
-6,859
| -41% | -$228K |
|
2221
First Horizon
FHN
$12.1B
| $325K | ﹤0.01% |
18,635
-3,356
| -15% | -$59.7K |
|
2222
Woodward
WWD
$25B
| $325K | ﹤0.01% |
+4,718
| New | +$322K |
|
2223
MarketAxess Holdings
MKTX
$4.19B
| $324K | ﹤0.01% |
1,609
+409
| +34% | +$78.3K |
|
2224
UDR
UDR
$12.8B
| $324K | ﹤0.01% |
8,325
-121
| -1% | -$4.61K |
|
2225
VanEck Vietnam ETF
VNM
$472M
| $324K | ﹤0.01% |
21,706
+1,033
| +5% | +$14.7K |
|
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.