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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$266M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$69.4M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$62M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$49.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$44.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
iShares Europe ETF
IEV
|
+$80M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$52.5M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$49.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 3.12% |
| 3 | Energy | 2.94% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Sprott Physical Gold
PHYS
$14.6B
| $7.72M | 0.05% |
770,516
-8,356
| -1% | -$88.6K |
|
327
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.06B
| $7.71M | 0.05% |
385,295
-2,299
| -0.6% | -$47K |
|
328
State Street SPDR Portfolio Europe ETF
SPEU
$712M
| $7.7M | 0.05% |
211,474
+12,691
| +6% | +$485K |
|
|
MMP
329
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $7.56M | 0.05% |
92,684
+772
| +0.8% | +$64.2K |
|
330
WisdomTree US High Dividend Fund
DHS
$1.56B
| $7.55M | 0.05% |
128,461
-571
| -0.4% | -$33.9K |
|
331
Global X SuperDividend ETF
SDIV
$1.21B
| $7.54M | 0.05% |
106,263
+17,456
| +20% | +$1.34M |
|
|
RDS.B
332
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $7.52M | 0.04% |
96,020
-9,659
| -9% | -$815K |
|
333
Vanguard Total International Stock ETF
VXUS
$153B
| $7.51M | 0.04% |
149,004
+21,952
| +17% | +$1.18M |
|
334
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.74B
| $7.5M | 0.04% |
324,878
+16,965
| +6% | +$415K |
|
335
Vanguard FTSE Pacific ETF
VPL
$8.05B
| $7.49M | 0.04% |
128,006
-5,469
| -4% | -$341K |
|
336
iShares Core S&P US Growth ETF
IUSG
$31.1B
| $7.48M | 0.04% |
203,266
+40,784
| +25% | +$1.53M |
|
337
Biogen
BIIB
$29.9B
| $7.44M | 0.04% |
22,996
+4,143
| +22% | +$1.37M |
|
338
iShares Core Conservative Allocation ETF
AOK
$803M
| $7.38M | 0.04% |
227,752
-855
| -0.4% | -$28K |
|
339
Calamos Strategic Total Return Fund
CSQ
$3.21B
| $7.36M | 0.04% |
636,828
+12,357
| +2% | +$147K |
|
|
CSG
340
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $7.35M | 0.04% |
972,240
-100,237
| -9% | -$785K |
|
341
Plains All American Pipeline
PAA
$17.4B
| $7.34M | 0.04% |
126,899
+1,230
| +1% | +$72.1K |
|
342
AstraZeneca
AZN
$263B
| $7.25M | 0.04% |
102,865
-9,151
| -8% | -$670K |
|
343
ProShares Ultra S&P500
SSO
$7.71B
| $7.23M | 0.04% |
1,009,696
-178,288
| -15% | -$1.31M |
|
|
PMF
344
DELISTED
PIMCO Municipal Income Fund
PMF
| $7.18M | 0.04% |
519,714
-22,659
| -4% | -$319K |
|
345
CSX Corp
CSX
$98.6B
| $7.15M | 0.04% |
689,652
+11,814
| +2% | +$122K |
|
346
Thermo Fisher Scientific
TMO
$211B
| $7.13M | 0.04% |
59,626
+6,393
| +12% | +$777K |
|
347
Nike
NKE
$61.9B
| $7.12M | 0.04% |
162,324
+2,494
| +2% | +$98.9K |
|
348
iShares China Large-Cap ETF
FXI
$4.14B
| $7.08M | 0.04% |
188,945
+6,515
| +4% | +$261K |
|
349
Vanguard Consumer Discretionary ETF
VCR
$5.84B
| $7.07M | 0.04% |
66,078
-3,973
| -6% | -$437K |
|
|
BSCF
350
DELISTED
CLAYMORE GUGGENHEIM BULLETSHARES 2015 CORP BD ETF
BSCF
| $7.06M | 0.04% |
324,612
-71,735
| -18% | -$1.56M |
|
Similar funds
LPL Financial's Q3 2014 Portfolio in Review
As of Q3 2014, LPL Financial held 2,870 positions worth $16.8B, down 2.3% from $17.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q3 2014 filing shows 194 new, 1,224 increased, 1,195 reduced and 174 closed positions. Its largest new stake was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M. The largest sale was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $223M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Energy.
- LPL Financial's largest Q3 2014 buy was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q3 2014, an estimated $266M increase.
- LPL Financial's biggest Q3 2014 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $223M.
- LPL Financial fully exited iShares MSCI France ETF in Q3 2014, selling an estimated $15.9M.
- LPL Financial's ten largest holdings make up 20% of its $16.8B portfolio in Q3 2014.
- LPL Financial opened 194 new positions and closed 174 in Q3 2014.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $16.8B.
Based on LPL Financial's 13F filing for Q3 2014, filed 10 Nov 2014.