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 | |
|---|---|---|---|---|---|---|
251
Oracle
ORCL
$331B
| $12.2M | 0.07% |
324,146
-18,529
| -5% | -$712K |
|
252
Qualcomm
QCOM
$176B
| $12M | 0.07% |
213,879
-29,668
| -12% | -$1.76M |
|
253
Enterprise Products Partners
EPD
$83.8B
| $11.9M | 0.07% |
416,385
-8,338
| -2% | -$231K |
|
254
First Trust Senior Loan Fund ETF
FTSL
$2.31B
| $11.8M | 0.07% |
245,553
+27,155
| +12% | +$1.33M |
|
255
iShares Dow Jones US ETF
IYY
$2.92B
| $11.6M | 0.06% |
233,064
-33,612
| -13% | -$1.72M |
|
256
Netflix
NFLX
$292B
| $11.6M | 0.06% |
1,044,190
+416,780
| +66% | +$4.48M |
|
257
Dominion Energy
D
$62.5B
| $11.6M | 0.06% |
164,976
+4,128
| +3% | +$290K |
|
258
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $11.5M | 0.06% |
527,463
-194,952
| -27% | -$4.35M |
|
259
iShares US Home Construction ETF
ITB
$2.41B
| $11.5M | 0.06% |
418,768
-86,400
| -17% | -$2.4M |
|
260
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$415M
| $11.5M | 0.06% |
324,289
+4,817
| +2% | +$175K |
|
261
SLB Ltd
SLB
$77.8B
| $11.3M | 0.06% |
156,868
-21,539
| -12% | -$1.71M |
|
262
iShares US Pharmaceuticals ETF
IHE
$1.47B
| $11.3M | 0.06% |
220,269
-58,986
| -21% | -$3.38M |
|
263
Walmart Inc
WMT
$871B
| $11.3M | 0.06% |
512,856
+60,090
| +13% | +$1.38M |
|
264
Healthcare Realty
HR
$7.42B
| $11.2M | 0.06% |
442,552
-25,816
| -6% | -$637K |
|
265
DuPont de Nemours
DD
$18.6B
| $11.2M | 0.06% |
95,410
-9,881
| -9% | -$1.15M |
|
|
ETP
266
DELISTED
Energy Transfer Partners L.p.
ETP
| $11.1M | 0.06% |
248,299
+26,709
| +12% | +$1.29M |
|
267
Novartis
NVS
$295B
| $11M | 0.06% |
130,661
+6,737
| +5% | +$600K |
|
268
Waste Management
WM
$95.9B
| $11M | 0.06% |
214,064
-6,003
| -3% | -$299K |
|
269
iShares US Consumer Staples ETF
IYK
$1.39B
| $11M | 0.06% |
312,630
-545,484
| -64% | -$19.2M |
|
270
Realty Income
O
$61.2B
| $11M | 0.06% |
240,786
-16,954
| -7% | -$765K |
|
271
Medtronic
MDT
$107B
| $11M | 0.06% |
155,050
-4,142
| -3% | -$305K |
|
272
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.89B
| $10.9M | 0.06% |
223,058
+59,344
| +36% | +$2.98M |
|
273
Amgen
AMGN
$203B
| $10.9M | 0.06% |
75,511
+2,996
| +4% | +$472K |
|
274
GSK
GSK
$103B
| $10.9M | 0.06% |
218,235
-5,871
| -3% | -$306K |
|
275
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.71B
| $10.8M | 0.06% |
259,057
-29
| -0% | -$1.25K |
|
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.