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 | |
|---|---|---|---|---|---|---|
|
STMP
2251
DELISTED
Stamps.com, Inc.
STMP
| $279K | ﹤0.01% |
2,400
-2,350
| -49% | -$290K |
|
2252
Schwab Fundamental US Small Company Index ETF
FNDA
$9.2B
| $278K | ﹤0.01% |
16,248
-154
| -0.9% | -$2.66K |
|
2253
ePlus
PLUS
$2.36B
| $278K | ﹤0.01% |
16,768
-4,104
| -20% | -$126K |
|
|
NUVA
2254
DELISTED
NuVasive, Inc.
NUVA
| $278K | ﹤0.01% |
3,733
+30
| +0.8% | +$2.18K |
|
|
WBK
2255
DELISTED
Westpac Banking Corporation
WBK
| $278K | ﹤0.01% |
10,437
+577
| +6% | +$14.7K |
|
|
TCF
2256
DELISTED
TCF Financial Corporation
TCF
| $278K | ﹤0.01% |
16,540
-1,016
| -6% | -$18K |
|
2257
Aegon
AEG
$13.6B
| $277K | ﹤0.01% |
70,628
+1,059
| +2% | +$4.49K |
|
|
XEC
2258
DELISTED
CIMAREX ENERGY CO
XEC
| $277K | ﹤0.01% |
2,347
-72
| -3% | -$9.34K |
|
2259
Snap-on
SNA
$21B
| $276K | ﹤0.01% |
1,640
+429
| +35% | +$73.8K |
|
|
TPC
2260
Tutor Perini Cor
TPC
$4.47B
| $276K | ﹤0.01% |
8,962
-1,222
| -12% | -$36.3K |
|
|
AMU
2261
DELISTED
ETRACS Alerian MLP Index ETN
AMU
| $276K | ﹤0.01% |
13,602
-1,800
| -12% | -$37K |
|
2262
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$697M
| $275K | ﹤0.01% |
+4,121
| New | +$271K |
|
|
VRE
2263
DELISTED
Veris Residential
VRE
| $275K | ﹤0.01% |
10,208
-607
| -6% | -$17K |
|
2264
Portland General Electric
POR
$5.98B
| $274K | ﹤0.01% |
6,171
-1,389
| -18% | -$61.1K |
|
2265
PVH
PVH
$3.84B
| $274K | ﹤0.01% |
2,656
+18
| +0.7% | +$1.67K |
|
|
SRV
2266
NXG Cushing Midstream Energy Fund
SRV
$226M
| $274K | ﹤0.01% |
4,890
+584
| +14% | +$33.1K |
|
2267
UFP Industries
UFPI
$5.04B
| $274K | ﹤0.01% |
8,820
-570
| -6% | -$19K |
|
|
VFL
2268
DELISTED
abrdn National Municipal Income Fund
VFL
| $274K | ﹤0.01% |
21,136
+180
| +0.9% | +$2.34K |
|
|
VGI
2269
Virtus Global Multi-Sector Income Fund
VGI
$81.8M
| $274K | ﹤0.01% |
16,860
+4,400
| +35% | +$70K |
|
2270
Preferred Bank
PFBC
$1.23B
| $273K | ﹤0.01% |
5,208
-834
| -14% | -$45.3K |
|
2271
Impinj
PI
$3.93B
| $273K | ﹤0.01% |
9,531
+2,850
| +43% | +$89.7K |
|
2272
Steven Madden
SHOO
$3.17B
| $273K | ﹤0.01% |
10,800
-312
| -3% | -$7.59K |
|
|
SNV
2273
DELISTED
Synovus
SNV
| $273K | ﹤0.01% |
6,688
+88
| +1% | +$3.67K |
|
|
IPF
2274
DELISTED
SPDR S&P International Financial Sector
IPF
| $273K | ﹤0.01% |
13,360
-305
| -2% | -$6.16K |
|
|
BBF
2275
DELISTED
BlackRock Municipal Income Investment Trust
BBF
| $273K | ﹤0.01% |
18,562
-512
| -3% | -$7.37K |
|
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.