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 | |
|---|---|---|---|---|---|---|
451
Unilever
UL
$132B
| $5.74M | 0.03% |
122,068
+23,849
| +24% | +$1.14M |
|
452
Omega Healthcare
OHI
$15.3B
| $5.73M | 0.03% |
140,539
-42,699
| -23% | -$1.77M |
|
453
EOG Resources
EOG
$74.7B
| $5.68M | 0.03% |
62,294
-375
| -0.6% | -$33.9K |
|
454
Vanguard Russell 1000 ETF
VONE
$8.19B
| $5.68M | 0.03% |
59,598
+6,265
| +12% | +$597K |
|
455
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.7B
| $5.67M | 0.03% |
691,826
+21,999
| +3% | +$180K |
|
|
ETV
456
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.71B
| $5.66M | 0.03% |
376,977
-6,777
| -2% | -$98.9K |
|
457
Eaton
ETN
$155B
| $5.65M | 0.03% |
83,622
+19,535
| +30% | +$1.33M |
|
|
STON
458
DELISTED
StoneMor Inc.
STON
| $5.64M | 0.03% |
194,453
+4,471
| +2% | +$124K |
|
459
PIMCO Dynamic Income Fund
PDI
$7.33B
| $5.6M | 0.03% |
191,920
+27,338
| +17% | +$814K |
|
460
iShares Global Energy ETF
IXC
$2.71B
| $5.6M | 0.03% |
156,097
+33,304
| +27% | +$1.21M |
|
461
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $5.56M | 0.03% |
496,591
-7,685
| -2% | -$86.9K |
|
462
PNC Financial Services
PNC
$99.6B
| $5.55M | 0.03% |
59,987
-18,955
| -24% | -$1.71M |
|
463
State Street SPDR Dow Jones International Real Estate ETF
RWX
$265M
| $5.53M | 0.03% |
126,964
+34,382
| +37% | +$1.5M |
|
464
Texas Instruments
TXN
$255B
| $5.53M | 0.03% |
97,800
+1,669
| +2% | +$93.7K |
|
465
iShares US Aerospace & Defense ETF
ITA
$14.4B
| $5.53M | 0.03% |
89,674
+11,598
| +15% | +$694K |
|
466
TJX Companies
TJX
$173B
| $5.51M | 0.03% |
159,788
-786
| -0.5% | -$26.8K |
|
467
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| $5.5M | 0.03% |
220,368
-101,444
| -32% | -$2.55M |
|
468
AB InBev
BUD
$156B
| $5.47M | 0.03% |
44,328
+781
| +2% | +$94.3K |
|
|
SCHV
469
Schwab US Large-Cap Value ETF
SCHV
$15.8B
| $5.45M | 0.03% |
379,383
+79,059
| +26% | +$1.15M |
|
470
Delta Air Lines
DAL
$57B
| $5.45M | 0.03% |
125,901
-9,381
| -7% | -$435K |
|
471
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.23B
| $5.43M | 0.03% |
160,512
+126,265
| +369% | +$4.23M |
|
|
NCZ
472
Virtus Convertible & Income Fund II
NCZ
$289M
| $5.43M | 0.03% |
161,466
+11,815
| +8% | +$403K |
|
473
Expedia Group
EXPE
$33.4B
| $5.42M | 0.03% |
57,560
+1,826
| +3% | +$162K |
|
474
Kroger
KR
$35.5B
| $5.42M | 0.03% |
141,204
+19,446
| +16% | +$694K |
|
|
CERN
475
DELISTED
Cerner Corp
CERN
| $5.42M | 0.03% |
74,231
-805
| -1% | -$55.7K |
|
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.