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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
Pearson
PSO
$10.5B
| $190K | ﹤0.01% |
15,678
-8,648
| -36% | -$98.8K |
|
|
NORW
2777
DELISTED
Global X MSCI Norway ETF
NORW
| $190K | ﹤0.01% |
19,766
+1,090
| +6% | +$10.1K |
|
2778
Harmonic Inc
HLIT
$1.2B
| $189K | ﹤0.01% |
58,446
| – | – |
|
2779
Kinross Gold
KGC
$28.1B
| $189K | ﹤0.01% |
53,572
-8,000
| -13% | -$19.9K |
|
|
DEX
2780
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $188K | ﹤0.01% |
20,898
+895
| +4% | +$7.77K |
|
|
UBNK
2781
DELISTED
United Financial Bancorp, Inc.
UBNK
| $188K | ﹤0.01% |
14,961
-8,969
| -37% | -$106K |
|
|
BIE
2782
DELISTED
BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
| $187K | ﹤0.01% |
11,662
| – | – |
|
2783
Builders FirstSource
BLDR
$7.87B
| $186K | ﹤0.01% |
+16,495
| New | +$143K |
|
|
FOLD
2784
DELISTED
Amicus Therapeutics
FOLD
| $185K | ﹤0.01% |
22,000
| – | – |
|
2785
Stellantis
STLA
$16.7B
| $183K | ﹤0.01% |
25,131
-7,568
| -23% | -$54.7K |
|
|
EMF
2786
Templeton Emerging Markets Fund
EMF
$305M
| $181K | ﹤0.01% |
17,279
+3,964
| +30% | +$38.5K |
|
|
SPE
2787
Special Opportunities Fund
SPE
$139M
| $181K | ﹤0.01% |
14,521
+1,635
| +13% | +$19.6K |
|
|
FMBI
2788
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $181K | ﹤0.01% |
10,339
+28
| +0.3% | +$482 |
|
|
SCD
2789
LMP Capital and Income Fund
SCD
$353M
| $180K | ﹤0.01% |
15,060
+173
| +1% | +$1.98K |
|
|
CBB
2790
DELISTED
Cincinnati Bell Inc.
CBB
| $180K | ﹤0.01% |
9,327
-243
| -3% | -$4.07K |
|
2791
Hecla Mining
HL
$9.86B
| $179K | ﹤0.01% |
63,708
-73,565
| -54% | -$166K |
|
|
ERF
2792
DELISTED
Enerplus Corporation
ERF
| $178K | ﹤0.01% |
49,931
-8,914
| -15% | -$27.7K |
|
|
CHS
2793
DELISTED
Chicos FAS, Inc.
CHS
| $178K | ﹤0.01% |
14,095
-317
| -2% | -$3.58K |
|
2794
FNB Corp
FNB
$6.77B
| $177K | ﹤0.01% |
14,082
+778
| +6% | +$9.68K |
|
2795
AES
AES
$10.6B
| $176K | ﹤0.01% |
15,925
-7,959
| -33% | -$79.3K |
|
|
ODP
2796
DELISTED
ODP
ODP
| $176K | ﹤0.01% |
2,322
-869
| -27% | -$46.8K |
|
|
PBPB
2797
DELISTED
Potbelly
PBPB
| $176K | ﹤0.01% |
13,070
-6,700
| -34% | -$80.4K |
|
2798
Riverview Bancorp
RVSB
$108M
| $176K | ﹤0.01% |
38,614
| – | – |
|
|
SRV
2799
NXG Cushing Midstream Energy Fund
SRV
$218M
| $175K | ﹤0.01% |
4,637
+48
| +1% | +$1.8K |
|
2800
Limoneira
LMNR
$246M
| $174K | ﹤0.01% |
11,517
| – | – |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.