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
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
WisdomTree US SmallCap Earnings Fund
EES
$719M
| $6.04M | 0.04% |
219,435
+2,691
| +1% | +$71.9K |
|
402
iShares Core S&P US Growth ETF
IUSG
$31.7B
| $6.04M | 0.04% |
162,482
-9,258
| -5% | -$332K |
|
403
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $6.03M | 0.04% |
123,945
+13,711
| +12% | +$667K |
|
404
iShares US Aerospace & Defense ETF
ITA
$14.2B
| $6.02M | 0.04% |
111,694
+11,336
| +11% | +$619K |
|
405
ProShares Ultra QQQ
QLD
$12.7B
| $6.02M | 0.04% |
1,693,408
+288,128
| +21% | +$925K |
|
406
VanEck Intermediate Muni ETF
ITM
$2.14B
| $6.01M | 0.04% |
129,166
+15,168
| +13% | +$701K |
|
407
National Grid
NGG
$80.4B
| $5.98M | 0.03% |
83,380
-22,569
| -21% | -$1.56M |
|
408
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $5.97M | 0.03% |
107,100
-406
| -0.4% | -$22.4K |
|
409
iShares Global Infrastructure ETF
IGF
$10.9B
| $5.95M | 0.03% |
134,268
+62,239
| +86% | +$2.66M |
|
410
Biogen
BIIB
$30B
| $5.95M | 0.03% |
18,853
+1,635
| +9% | +$492K |
|
411
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $5.92M | 0.03% |
526,153
+131,878
| +33% | +$1.44M |
|
412
Cohen & Steers REIT and Preferred and Income Fund
RNP
$982M
| $5.92M | 0.03% |
328,169
+13,579
| +4% | +$238K |
|
413
Unilever
UL
$137B
| $5.91M | 0.03% |
115,866
-3,178
| -3% | -$159K |
|
414
iShares US Medical Devices ETF
IHI
$3.13B
| $5.91M | 0.03% |
347,286
+177,150
| +104% | +$2.9M |
|
415
Vanguard Morningstar Mega Cap ETF
MGC
$9.99B
| $5.9M | 0.03% |
88,084
+12,509
| +17% | +$813K |
|
416
Exelon
EXC
$47.2B
| $5.88M | 0.03% |
225,991
-22,277
| -9% | -$568K |
|
417
State Street SPDR S&P Transportation ETF
XTN
$387M
| $5.86M | 0.03% |
124,936
+73,008
| +141% | +$3.26M |
|
418
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
| $5.84M | 0.03% |
199,302
-15,035
| -7% | -$438K |
|
419
iShares US Industrials ETF
IYJ
$1.98B
| $5.8M | 0.03% |
112,026
-29,566
| -21% | -$1.51M |
|
420
Diageo
DEO
$49B
| $5.8M | 0.03% |
45,557
-5,635
| -11% | -$710K |
|
421
iShares Core S&P US Value ETF
IUSV
$27.2B
| $5.78M | 0.03% |
130,857
+3,441
| +3% | +$147K |
|
|
PPL
422
PPL Corp
PPL
$26.5B
| $5.78M | 0.03% |
174,556
+32,106
| +23% | +$1.01M |
|
423
Annaly Capital Management
NLY
$17.1B
| $5.77M | 0.03% |
126,147
+14,245
| +13% | +$657K |
|
424
ProShares Short Russell2000
RWM
$132M
| $5.76M | 0.03% |
89,847
+40,951
| +84% | +$2.76M |
|
425
Invesco DB Oil Fund
DBO
$403M
| $5.75M | 0.03% |
186,809
-34,452
| -16% | -$1.01M |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.