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 S&P 500 Growth ETF
IVW
|
+$86.9M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$71.2M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$47.2M |
| 4 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$43.1M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$42.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$118M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$56.1M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$52.7M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$40.5M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$39.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.86% |
| 4 | Healthcare | 2.78% |
| 5 | Industrials | 2.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Invesco Dividend Achievers ETF
PFM
$799M
| $6.39M | 0.04% |
317,782
-929
| -0.3% | -$18.2K |
|
377
Diageo
DEO
$49.4B
| $6.38M | 0.04% |
51,192
-4,680
| -8% | -$583K |
|
378
ProShares UltraShort S&P500
SDS
$422M
| $6.37M | 0.04% |
2,247
+103
| +5% | +$307K |
|
379
Invesco DB Oil Fund
DBO
$375M
| $6.33M | 0.04% |
221,261
-40,031
| -15% | -$1.11M |
|
380
Royce Value Trust
RVT
$2.22B
| $6.31M | 0.04% |
401,165
-13,580
| -3% | -$212K |
|
|
FEN
381
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $6.27M | 0.04% |
191,422
+7,387
| +4% | +$237K |
|
382
Cummins
CMI
$88.5B
| $6.21M | 0.04% |
41,656
-10,191
| -20% | -$1.42M |
|
383
WisdomTree US LargeCap Dividend Fund
DLN
$6.29B
| $6.2M | 0.04% |
183,356
-14,766
| -7% | -$485K |
|
384
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $6.16M | 0.04% |
214,337
-20,953
| -9% | -$591K |
|
385
iShares Core S&P US Growth ETF
IUSG
$31B
| $6.1M | 0.04% |
171,740
-3,814
| -2% | -$135K |
|
|
MMP
386
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $6.09M | 0.04% |
87,358
-11,413
| -12% | -$759K |
|
387
General Motors
GM
$81.7B
| $6.09M | 0.04% |
176,930
+21,563
| +14% | +$792K |
|
388
WisdomTree US AI Enhanced Value Fund
AIVL
$433M
| $6.05M | 0.04% |
86,129
-10,043
| -10% | -$683K |
|
|
BSCG
389
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $6.01M | 0.04% |
268,878
+43,167
| +19% | +$965K |
|
|
RAI
390
DELISTED
Reynolds American Inc
RAI
| $6M | 0.04% |
224,808
+46,368
| +26% | +$1.17M |
|
391
Nike
NKE
$63.9B
| $5.98M | 0.04% |
161,930
-2,704
| -2% | -$102K |
|
|
HIX
392
Western Asset High Income Fund II
HIX
$349M
| $5.96M | 0.04% |
637,141
-13,207
| -2% | -$123K |
|
393
Exelon
EXC
$48.4B
| $5.94M | 0.04% |
248,268
-20,525
| -8% | -$432K |
|
394
Devon Energy
DVN
$49.2B
| $5.91M | 0.04% |
88,279
+3,480
| +4% | +$216K |
|
395
WisdomTree US SmallCap Earnings Fund
EES
$727M
| $5.89M | 0.04% |
216,744
+26,067
| +14% | +$694K |
|
396
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $5.89M | 0.04% |
107,506
+2,812
| +3% | +$153K |
|
397
NOV
NOV
$7.11B
| $5.81M | 0.04% |
82,803
-7,439
| -8% | -$510K |
|
398
Vanguard Industrials ETF
VIS
$8.22B
| $5.78M | 0.04% |
57,465
+7,320
| +15% | +$722K |
|
399
Hershey
HSY
$37.2B
| $5.74M | 0.04% |
55,007
-3,282
| -6% | -$336K |
|
400
AB InBev
BUD
$161B
| $5.73M | 0.04% |
54,430
-7,423
| -12% | -$753K |
|
Similar funds
LPL Financial's Q1 2014 Portfolio in Review
As of Q1 2014, LPL Financial held 2,836 positions worth $16.3B, up 1.6% from $16B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2014 filing shows 192 new, 1,211 increased, 1,175 reduced and 199 closed positions. Its largest new stake was iShares MSCI France ETF: 526,189 shares worth $15.4M. The largest sale was iShares MSCI EAFE ETF, an estimated $118M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q1 2014 buy was iShares MSCI France ETF: 526,189 shares worth $15.4M.
- LPL Financial added most to iShares S&P 500 Growth ETF in Q1 2014, an estimated $86.9M increase.
- LPL Financial's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $118M.
- LPL Financial fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $20.7M.
- LPL Financial's ten largest holdings make up 19% of its $16.3B portfolio in Q1 2014.
- LPL Financial opened 192 new positions and closed 199 in Q1 2014.
- LPL Financial's portfolio value rose 1.6% quarter-over-quarter to $16.3B.
Based on LPL Financial's 13F filing for Q1 2014, filed 12 May 2014.