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 | |
|---|---|---|---|---|---|---|
301
Magna International
MGA
$18.1B
| $9.45M | 0.05% |
191,732
-17,869
| -9% | -$925K |
|
|
AMJ
302
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $9.38M | 0.05% |
279,806
-15,164
| -5% | -$545K |
|
303
iShares US Healthcare Providers ETF
IHF
$1.21B
| $9.31M | 0.05% |
367,170
-36,525
| -9% | -$997K |
|
304
ProShares Ultra S&P500
SSO
$7.84B
| $9.29M | 0.05% |
1,246,848
-27,640
| -2% | -$216K |
|
|
DSL
305
DoubleLine Income Solutions Fund
DSL
$1.22B
| $9.28M | 0.05% |
531,283
-170,746
| -24% | -$3.21M |
|
|
CHI
306
Calamos Convertible Opportunities and Income Fund
CHI
$1.03B
| $9.27M | 0.05% |
941,125
+179,104
| +24% | +$1.98M |
|
307
Vanguard Mega Cap 300 Index ETF
MGC
$9.96B
| $9.09M | 0.05% |
134,458
+10,236
| +8% | +$708K |
|
308
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.75B
| $9.05M | 0.05% |
477,260
-355,110
| -43% | -$6.98M |
|
309
Paychex
PAYX
$41B
| $9.02M | 0.05% |
185,310
+192
| +0.1% | +$8.95K |
|
310
DNP Select Income Fund
DNP
$4.18B
| $8.99M | 0.05% |
989,810
-674,979
| -41% | -$6.68M |
|
311
iShares Core S&P US Value ETF
IUSV
$27.4B
| $8.96M | 0.05% |
213,036
-13,248
| -6% | -$572K |
|
312
State Street SPDR Dow Jones REIT ETF
RWR
$1.91B
| $8.85M | 0.05% |
99,668
-2,973
| -3% | -$259K |
|
313
iShares Morningstar US Equity ETF
ILCB
$1.27B
| $8.83M | 0.05% |
305,852
-40,228
| -12% | -$1.19M |
|
314
Amplify Cybersecurity ETF
HACK
$2.68B
| $8.74M | 0.05% |
332,550
-371,574
| -53% | -$10.7M |
|
315
Goldman Sachs
GS
$320B
| $8.66M | 0.05% |
47,916
-4,220
| -8% | -$827K |
|
316
Corning
GLW
$127B
| $8.61M | 0.05% |
488,033
-273,025
| -36% | -$4.91M |
|
317
Mondelez International
MDLZ
$77.7B
| $8.54M | 0.05% |
192,724
+8,485
| +5% | +$366K |
|
318
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$144M
| $8.49M | 0.05% |
303,198
+40,365
| +15% | +$1.18M |
|
319
Alibaba
BABA
$272B
| $8.4M | 0.05% |
131,386
-64,235
| -33% | -$4.67M |
|
320
Danaher
DHR
$135B
| $8.37M | 0.05% |
141,579
+1
| +0% | +$59 |
|
321
iShares Core Conservative Allocation ETF
AOK
$789M
| $8.34M | 0.05% |
262,267
-17,979
| -6% | -$576K |
|
322
NextEra Energy
NEE
$187B
| $8.29M | 0.05% |
329,412
-8,352
| -2% | -$212K |
|
323
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.12B
| $8.24M | 0.05% |
329,615
-193,932
| -37% | -$4.91M |
|
|
RDS.B
324
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $8.11M | 0.04% |
157,179
+19,931
| +15% | +$1.07M |
|
325
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.52B
| $8.11M | 0.04% |
360,985
-78,497
| -18% | -$1.83M |
|
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.