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 |
Invesco BuyBack Achievers ETF
PKW
|
+$145M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$130M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$60.7M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$57M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$50.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$1.07B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$199M |
| 3 |
iShares MBS ETF
MBB
|
+$140M |
| 4 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$91.8M |
| 5 |
HDV
iShares Core High Dividend ETF
HDV
|
+$78.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3% |
| 2 | Energy | 2.83% |
| 3 | Healthcare | 2.65% |
| 4 | Financials | 2.62% |
| 5 | Industrials | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
State Street SPDR Dow Jones REIT ETF
RWR
$1.86B
| $7.93M | 0.05% |
105,808
-9,866
| -9% | -$740K |
|
302
Vanguard Materials ETF
VAW
$2.95B
| $7.9M | 0.05% |
81,655
+27,032
| +49% | +$2.5M |
|
303
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$237M
| $7.9M | 0.05% |
418,178
-11,370
| -3% | -$206K |
|
304
iShares US Basic Materials ETF
IYM
$1.12B
| $7.88M | 0.05% |
104,728
+61,151
| +140% | +$4.39M |
|
305
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.54B
| $7.86M | 0.05% |
298,087
-1,740
| -0.6% | -$43K |
|
306
iShares MSCI Brazil ETF
EWZ
$9.28B
| $7.82M | 0.05% |
155,017
-129,889
| -46% | -$5.77M |
|
307
Invesco S&P 500 Pure Growth ETF
RPG
$2.01B
| $7.78M | 0.05% |
605,740
+225,220
| +59% | +$2.77M |
|
308
State Street SPDR S&P Pharmaceuticals ETF
XPH
$476M
| $7.74M | 0.05% |
197,902
+104,482
| +112% | +$3.95M |
|
309
Exelon
EXC
$47.2B
| $7.71M | 0.05% |
360,020
+52,644
| +17% | +$1.15M |
|
310
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $7.66M | 0.05% |
333,840
-168,706
| -34% | -$3.88M |
|
311
UnitedHealth
UNH
$376B
| $7.58M | 0.05% |
101,384
+16,868
| +20% | +$1.21M |
|
312
General Mills
GIS
$19.1B
| $7.54M | 0.05% |
156,007
-3,076
| -2% | -$154K |
|
313
iShares US Utilities ETF
IDU
$1.35B
| $7.49M | 0.05% |
157,616
+5,682
| +4% | +$272K |
|
314
iShares Morningstar Mid-Cap ETF
IMCB
$1.65B
| $7.34M | 0.05% |
242,492
-11,992
| -5% | -$351K |
|
315
Blackrock
BLK
$169B
| $7.33M | 0.05% |
25,957
+3,297
| +15% | +$896K |
|
316
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $7.32M | 0.05% |
73,650
+20,642
| +39% | +$1.98M |
|
317
Polaris
PII
$3.82B
| $7.28M | 0.05% |
55,442
-1,820
| -3% | -$204K |
|
|
CHY
318
Calamos Convertible and High Income Fund
CHY
$1.01B
| $7.28M | 0.05% |
589,039
+6,600
| +1% | +$81.6K |
|
319
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$679M
| $7.25M | 0.05% |
203,303
+109,674
| +117% | +$3.79M |
|
320
Mondelez International
MDLZ
$79.5B
| $7.2M | 0.05% |
234,564
-69,600
| -23% | -$2.16M |
|
321
Diageo
DEO
$49B
| $7.18M | 0.05% |
56,973
-1,325
| -2% | -$166K |
|
322
Accenture
ACN
$102B
| $7.14M | 0.05% |
98,292
+39,986
| +69% | +$2.96M |
|
|
ADT
323
DELISTED
ADT Corp
ADT
| $7.13M | 0.05% |
178,152
-564
| -0.3% | -$23.2K |
|
324
Invesco Large Cap Value ETF
PWV
$1.68B
| $7.09M | 0.05% |
267,451
+20,907
| +8% | +$548K |
|
325
Paychex
PAYX
$41.6B
| $7.09M | 0.05% |
173,260
+2,113
| +1% | +$83.5K |
|
Similar funds
LPL Financial's Q3 2013 Portfolio in Review
As of Q3 2013, LPL Financial held 2,666 positions worth $15B, up 8% from $13.9B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $671M in Q3 2013, closing 131 positions and reducing 998 holdings. Its most notable exit was Equinix, an estimated $2.26M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.8% a quarter earlier, followed by Energy and Healthcare.
Against the trend, LPL Financial opened a new position in COLE REAL ESTATE INVESTMENTS, INC COM worth $32.5M.
- LPL Financial's largest Q3 2013 buy was COLE REAL ESTATE INVESTMENTS, INC COM: 2,619,591 shares worth $32.5M.
- LPL Financial added most to Invesco BuyBack Achievers ETF in Q3 2013, an estimated $145M increase.
- LPL Financial's biggest Q3 2013 reduction was iShares TIPS Bond ETF, cutting an estimated $1.07B.
- LPL Financial fully exited Equinix in Q3 2013, selling an estimated $2.26M.
- LPL Financial's ten largest holdings make up 20% of its $15B portfolio in Q3 2013.
- LPL Financial opened 246 new positions and closed 131 in Q3 2013.
- LPL Financial's portfolio value rose 8% quarter-over-quarter to $15B.
Based on LPL Financial's 13F filing for Q3 2013, filed 4 Nov 2013.