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 MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Duke Energy
DUK
$102B
| $13.4M | 0.07% |
183,493
-9,932
| -5% | -$719K |
|
|
DD
227
DELISTED
Du Pont De Nemours E I
DD
| $13.4M | 0.07% |
261,288
-70,447
| -21% | -$3.76M |
|
228
VanEck High Yield Muni ETF
HYD
$4.44B
| $13.4M | 0.07% |
218,682
-15,539
| -7% | -$939K |
|
229
Vanguard Russell 1000 Value ETF
VONV
$20.4B
| $13.3M | 0.07% |
314,758
+11,034
| +4% | +$480K |
|
230
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $13.3M | 0.07% |
591,080
-37,847
| -6% | -$885K |
|
231
Invesco Financial Preferred ETF
PGF
$676M
| $13.3M | 0.07% |
726,835
+75,404
| +12% | +$1.38M |
|
232
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$744M
| $13.2M | 0.07% |
374,630
+25,423
| +7% | +$899K |
|
233
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$511M
| $13.2M | 0.07% |
255,018
-113,133
| -31% | -$5.86M |
|
234
United Parcel Service
UPS
$97.6B
| $13.2M | 0.07% |
129,616
-18,561
| -13% | -$1.83M |
|
235
Schwab US Large-Cap Growth ETF
SCHG
$58.5B
| $12.9M | 0.07% |
1,985,912
+1,317,568
| +197% | +$8.77M |
|
236
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.73B
| $12.8M | 0.07% |
134,507
-234,775
| -64% | -$23M |
|
237
General Motors
GM
$74.7B
| $12.8M | 0.07% |
402,229
-21,281
| -5% | -$652K |
|
238
Northrop Grumman
NOC
$77B
| $12.7M | 0.07% |
74,644
+3,420
| +5% | +$573K |
|
239
Vanguard Consumer Discretionary ETF
VCR
$5.84B
| $12.7M | 0.07% |
103,716
+22,630
| +28% | +$2.8M |
|
240
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.6B
| $12.6M | 0.07% |
525,940
+116,008
| +28% | +$2.84M |
|
241
iShares Core S&P US Growth ETF
IUSG
$31.1B
| $12.6M | 0.07% |
320,856
+63,980
| +25% | +$2.58M |
|
|
VPU
242
Vanguard Utilities ETF
VPU
$8.83B
| $12.6M | 0.07% |
133,033
-3,073
| -2% | -$285K |
|
243
General Mills
GIS
$19.2B
| $12.5M | 0.07% |
218,072
+18,705
| +9% | +$1.07M |
|
244
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $12.4M | 0.07% |
385,375
-52,484
| -12% | -$1.68M |
|
245
KKR & Co
KKR
$89.2B
| $12.4M | 0.07% |
679,595
-43,269
| -6% | -$919K |
|
246
Kraft Heinz
KHC
$30.4B
| $12.4M | 0.07% |
+171,423
| New | +$12.9M |
|
247
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
| $12.4M | 0.07% |
312,525
+67,884
| +28% | +$2.79M |
|
248
Citigroup
C
$222B
| $12.3M | 0.07% |
239,802
+9,446
| +4% | +$516K |
|
249
FedEx
FDX
$74.5B
| $12.2M | 0.07% |
81,483
-82
| -0.1% | -$13.1K |
|
250
PPG Industries
PPG
$25.9B
| $12.2M | 0.07% |
128,899
+8,749
| +7% | +$890K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.