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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Qualcomm
QCOM
$176B
| $15.4M | 0.08% |
243,547
-38,539
| -14% | -$2.63M |
|
227
First Trust Financials AlphaDEX Fund
FXO
$1.12B
| $15.3M | 0.08% |
635,933
+160,369
| +34% | +$3.84M |
|
228
American Express
AXP
$223B
| $15.3M | 0.08% |
196,578
+8,554
| +5% | +$679K |
|
229
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $15.1M | 0.08% |
628,927
-176,850
| -22% | -$4.29M |
|
230
WisdomTree Emerging Markets Local Debt Fund
ELD
$140M
| $15M | 0.08% |
389,209
-38,746
| -9% | -$1.55M |
|
231
Corning
GLW
$126B
| $14.9M | 0.08% |
761,058
+292,520
| +62% | +$6.26M |
|
232
SLB Ltd
SLB
$77.8B
| $14.9M | 0.08% |
178,407
+3,868
| +2% | +$349K |
|
233
Comcast
CMCSA
$79.1B
| $14.8M | 0.08% |
478,198
+37,558
| +9% | +$1.1M |
|
234
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.3B
| $14.7M | 0.07% |
269,928
+13,926
| +5% | +$765K |
|
|
AGN
235
DELISTED
Allergan plc
AGN
| $14.6M | 0.07% |
47,629
+1,873
| +4% | +$559K |
|
236
iShares US Oil & Gas Exploration & Production ETF
IEO
$573M
| $14.6M | 0.07% |
212,223
+150,771
| +245% | +$11.3M |
|
237
Invesco Large Cap Value ETF
PWV
$1.66B
| $14.5M | 0.07% |
472,166
+39,887
| +9% | +$1.25M |
|
238
First Trust Technology AlphaDEX Fund
FXL
$2.47B
| $14.4M | 0.07% |
411,259
+36,596
| +10% | +$1.34M |
|
239
United Parcel Service
UPS
$97.6B
| $14.3M | 0.07% |
148,177
-6,872
| -4% | -$683K |
|
|
SPYM
240
State Street SPDR Portfolio S&P 500 ETF
SPYM
$158B
| $14.2M | 0.07% |
580,116
+263,536
| +83% | +$6.55M |
|
241
Union Pacific
UNP
$183B
| $14.1M | 0.07% |
146,651
-49,515
| -25% | -$5.16M |
|
242
VanEck High Yield Muni ETF
HYD
$4.44B
| $14.1M | 0.07% |
234,221
-28,133
| -11% | -$1.74M |
|
243
Duke Energy
DUK
$102B
| $14.1M | 0.07% |
193,425
+986
| +0.5% | +$74.5K |
|
244
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $14M | 0.07% |
437,859
-76,579
| -15% | -$2.51M |
|
|
DSL
245
DoubleLine Income Solutions Fund
DSL
$1.21B
| $13.9M | 0.07% |
702,029
+120,503
| +21% | +$2.44M |
|
246
iShares Dow Jones US ETF
IYY
$2.92B
| $13.9M | 0.07% |
266,676
-37,654
| -12% | -$2M |
|
247
iShares US Home Construction ETF
ITB
$2.41B
| $13.9M | 0.07% |
505,168
-322,757
| -39% | -$8.76M |
|
248
PPG Industries
PPG
$25.9B
| $13.8M | 0.07% |
120,150
+3,028
| +3% | +$346K |
|
249
General Motors
GM
$74.7B
| $13.8M | 0.07% |
423,510
+28,627
| +7% | +$1.02M |
|
|
RAI
250
DELISTED
Reynolds American Inc
RAI
| $13.8M | 0.07% |
366,714
+69,282
| +23% | +$2.59M |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.