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
|
+$122M |
| 2 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$102M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$91.9M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$82.5M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$73.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$204M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$91.1M |
| 3 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$56.8M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$39.5M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.11% |
| 2 | Healthcare | 3.02% |
| 3 | Financials | 3.02% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
VanEck Intermediate Muni ETF
ITM
$2.14B
| $9.05M | 0.05% |
190,334
+74,190
| +64% | +$3.53M |
|
327
Cohen & Steers Quality Income Realty Fund
RQI
$1.71B
| $9.03M | 0.05% |
726,106
+36,619
| +5% | +$454K |
|
328
State Street SPDR S&P Homebuilders ETF
XHB
$1.68B
| $9.03M | 0.05% |
246,990
-101,266
| -29% | -$3.58M |
|
329
Halliburton
HAL
$26.8B
| $9M | 0.05% |
205,368
+15,264
| +8% | +$636K |
|
330
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $8.95M | 0.05% |
345,238
-106,923
| -24% | -$2.69M |
|
331
NextEra Energy
NEE
$185B
| $8.93M | 0.05% |
340,776
-25,616
| -7% | -$676K |
|
332
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.92B
| $8.89M | 0.05% |
918,995
-235,000
| -20% | -$2.25M |
|
333
Teva Pharmaceuticals
TEVA
$36.2B
| $8.83M | 0.05% |
141,206
-20,544
| -13% | -$1.19M |
|
334
iShares Core S&P US Value ETF
IUSV
$27.3B
| $8.81M | 0.05% |
196,374
-48,042
| -20% | -$2.17M |
|
335
Clorox
CLX
$11.8B
| $8.81M | 0.05% |
80,107
+56
| +0.1% | +$6.08K |
|
336
TotalEnergies
TTE
$187B
| $8.8M | 0.05% |
176,933
-33,896
| -16% | -$1.74M |
|
337
Invesco International Dividend Achievers ETF
PID
$919M
| $8.76M | 0.04% |
498,967
-39,899
| -7% | -$707K |
|
338
Goldman Sachs
GS
$309B
| $8.75M | 0.04% |
45,500
-2,898
| -6% | -$539K |
|
339
Vanguard Mega Cap 300 Index ETF
MGC
$9.86B
| $8.71M | 0.04% |
124,552
+8,161
| +7% | +$575K |
|
340
Nuveen Municipal Value Fund
NUV
$1.9B
| $8.69M | 0.04% |
873,288
+124,629
| +17% | +$1.24M |
|
341
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $8.64M | 0.04% |
175,346
+69,961
| +66% | +$3.43M |
|
342
Nike
NKE
$62.5B
| $8.43M | 0.04% |
169,294
-11,502
| -6% | -$550K |
|
343
WisdomTree US High Dividend Fund
DHS
$1.57B
| $8.42M | 0.04% |
138,853
+28,369
| +26% | +$1.74M |
|
344
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$435M
| $8.42M | 0.04% |
202,889
+48,491
| +31% | +$1.92M |
|
345
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.9B
| $8.41M | 0.04% |
157,120
+49,954
| +47% | +$2.61M |
|
346
ProShares Short 20+ Year Treasury ETF
TBF
$86.3M
| $8.35M | 0.04% |
353,062
-25,770
| -7% | -$623K |
|
347
CSX Corp
CSX
$96B
| $8.35M | 0.04% |
748,821
-94,053
| -11% | -$1.08M |
|
348
Danaher
DHR
$138B
| $8.35M | 0.04% |
148,048
+40,740
| +38% | +$2.34M |
|
349
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.08B
| $8.31M | 0.04% |
404,445
-627
| -0.2% | -$12.9K |
|
|
FEN
350
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $8.3M | 0.04% |
241,203
-6,896
| -3% | -$242K |
|
Similar funds
LPL Financial's Q1 2015 Portfolio in Review
As of Q1 2015, LPL Financial held 2,944 positions worth $19.6B, up 7.2% from $18.3B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $1.03B of net new capital in Q1 2015, opening 222 new positions and adding to 1,353 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $204M trimmed.
- LPL Financial's largest Q1 2015 buy was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
- LPL Financial added most to iShares MBS ETF in Q1 2015, an estimated $122M increase.
- LPL Financial's biggest Q1 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $204M.
- LPL Financial fully exited Allergan Inc in Q1 2015, selling an estimated $9.23M.
- LPL Financial's ten largest holdings make up 21% of its $19.6B portfolio in Q1 2015.
- LPL Financial opened 222 new positions and closed 165 in Q1 2015.
- LPL Financial's portfolio value rose 7.2% quarter-over-quarter to $19.6B.
Based on LPL Financial's 13F filing for Q1 2015, filed 14 May 2015.