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 | |
|---|---|---|---|---|---|---|
401
Unilever
UL
$144B
| $5.73M | 0.04% |
119,044
-9,157
| -7% | -$413K |
|
402
iShares Morningstar Small-Cap Value ETF
ISCV
$701M
| $5.71M | 0.04% |
138,606
+4,257
| +3% | +$171K |
|
|
GGN
403
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$756M
| $5.64M | 0.03% |
568,960
+36,070
| +7% | +$353K |
|
404
Mesa Laboratories
MLAB
$559M
| $5.56M | 0.03% |
61,584
-10,288
| -14% | -$874K |
|
405
FedEx
FDX
$74B
| $5.52M | 0.03% |
41,654
-6,937
| -14% | -$942K |
|
406
iShares US Aerospace & Defense ETF
ITA
$14.5B
| $5.48M | 0.03% |
100,358
+19,434
| +24% | +$1.04M |
|
|
VQT
407
DELISTED
iPath S&P VEQTOR ETN
VQT
| $5.45M | 0.03% |
36,924
-610
| -2% | -$88.5K |
|
408
Danaher
DHR
$140B
| $5.43M | 0.03% |
107,826
-2,242
| -2% | -$114K |
|
|
BSJH
409
DELISTED
Guggenheim BulletShares 2017 High Yield Corporate Bond ETF
BSJH
| $5.43M | 0.03% |
197,234
+33,735
| +21% | +$922K |
|
|
TYG
410
Tortoise Energy Infrastructure Corp
TYG
$1.1B
| $5.42M | 0.03% |
29,600
+3,122
| +12% | +$562K |
|
|
STI
411
DELISTED
SunTrust Banks, Inc.
STI
| $5.42M | 0.03% |
136,272
+2,769
| +2% | +$106K |
|
|
HQH
412
abrdn Healthcare Investors
HQH
$1.25B
| $5.41M | 0.03% |
203,275
+14,543
| +8% | +$404K |
|
413
Norfolk Southern
NSC
$76.1B
| $5.39M | 0.03% |
55,456
-3,124
| -5% | -$290K |
|
414
Global X SuperDividend ETF
SDIV
$1.22B
| $5.37M | 0.03% |
72,999
-2,978
| -4% | -$210K |
|
415
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.32B
| $5.37M | 0.03% |
125,899
+17,140
| +16% | +$710K |
|
416
iShares Core S&P US Value ETF
IUSV
$27.5B
| $5.37M | 0.03% |
127,416
+2,052
| +2% | +$84K |
|
417
Polaris
PII
$4.07B
| $5.35M | 0.03% |
38,277
-21,755
| -36% | -$2.93M |
|
418
Cohen & Steers REIT and Preferred and Income Fund
RNP
$996M
| $5.35M | 0.03% |
314,590
-404
| -0.1% | -$6.67K |
|
419
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $5.35M | 0.03% |
110,234
+13,846
| +14% | +$674K |
|
420
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $5.33M | 0.03% |
434,943
+5,037
| +1% | +$61.6K |
|
421
Vanguard Total International Stock ETF
VXUS
$153B
| $5.3M | 0.03% |
101,604
+5,348
| +6% | +$274K |
|
422
iShares US Healthcare Providers ETF
IHF
$1.24B
| $5.3M | 0.03% |
268,000
-13,185
| -5% | -$250K |
|
423
Biogen
BIIB
$30.4B
| $5.27M | 0.03% |
17,218
-3,327
| -16% | -$1.06M |
|
424
iShares US Financials ETF
IYF
$4.74B
| $5.27M | 0.03% |
128,824
-4,384
| -3% | -$175K |
|
425
Baidu
BIDU
$35.7B
| $5.26M | 0.03% |
34,515
-1,890
| -5% | -$316K |
|
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.