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 | |
|---|---|---|---|---|---|---|
2376
Brink's
BCO
$4.9B
| $290K | ﹤0.01% |
+3,438
| New | +$262K |
|
|
EFR
2377
Eaton Vance Senior Floating-Rate Fund
EFR
$312M
| $290K | ﹤0.01% |
19,396
+319
| +2% | +$4.73K |
|
2378
Eagle Materials
EXP
$6.66B
| $290K | ﹤0.01% |
+2,716
| New | +$259K |
|
2379
Fidelity MSCI Materials Index ETF
FMAT
$586M
| $290K | ﹤0.01% |
8,798
-793
| -8% | -$25.3K |
|
|
CBM
2380
DELISTED
Cambrex Corporation
CBM
| $290K | ﹤0.01% |
5,267
+508
| +11% | +$28K |
|
|
ABCO
2381
DELISTED
Advisory Board Co
ABCO
| $290K | ﹤0.01% |
5,416
-2,340
| -30% | -$126K |
|
2382
EnerSys
ENS
$6.9B
| $289K | ﹤0.01% |
4,182
-353
| -8% | -$24.2K |
|
2383
Hilton Worldwide
HLT
$74.9B
| $289K | ﹤0.01% |
4,056
+4
| +0.1% | +$255 |
|
|
JCP
2384
DELISTED
J.C. Penney Company, Inc.
JCP
| $289K | ﹤0.01% |
75,849
+43,285
| +133% | +$192K |
|
2385
Invesco DB Precious Metals Fund
DBP
$239M
| $288K | ﹤0.01% |
7,583
-450
| -6% | -$17.1K |
|
2386
Ironwood Pharmaceuticals
IRWD
$645M
| $288K | ﹤0.01% |
21,798
+1,674
| +8% | +$23K |
|
2387
VanEck Israel ETF
ISRA
$152M
| $288K | ﹤0.01% |
+9,678
| New | +$286K |
|
2388
Stepan Co
SCL
$1.3B
| $288K | ﹤0.01% |
3,444
+8
| +0.2% | +$658 |
|
2389
Winnebago Industries
WGO
$881M
| $288K | ﹤0.01% |
6,429
-886
| -12% | -$32.6K |
|
2390
Azenta
AZTA
$1.28B
| $287K | ﹤0.01% |
+9,468
| New | +$244K |
|
2391
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$604M
| $287K | ﹤0.01% |
+14,929
| New | +$279K |
|
2392
MSC Industrial Direct
MSM
$7.01B
| $286K | ﹤0.01% |
3,635
-502
| -12% | -$36.4K |
|
|
KRA
2393
DELISTED
Kraton Corporation
KRA
| $286K | ﹤0.01% |
7,081
+885
| +14% | +$30.6K |
|
|
FNG
2394
DELISTED
AdvisorShares New Tech and Media ETF
FNG
| $286K | ﹤0.01% |
+13,475
| New | +$281K |
|
2395
Cambria Foreign Shareholder Yield ETF
FYLD
$691M
| $285K | ﹤0.01% |
11,181
-8,206
| -42% | -$204K |
|
|
TAHO
2396
DELISTED
Tahoe Resources Inc
TAHO
| $285K | ﹤0.01% |
54,159
+34,727
| +179% | +$189K |
|
2397
Omeros
OMER
$811M
| $284K | ﹤0.01% |
13,144
+144
| +1% | +$3.05K |
|
2398
PENN Entertainment
PENN
$2.83B
| $284K | ﹤0.01% |
12,143
-535
| -4% | -$11.5K |
|
|
PNNT
2399
Pennant Park Investment Corp
PNNT
$220M
| $284K | ﹤0.01% |
37,848
-5,307
| -12% | -$39.9K |
|
2400
PUT
US Bancorp
USB
$98.8B
| $284K | ﹤0.01% |
+5,300
| New | +$277K |
|
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.