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
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Invesco Variable Rate Preferred ETF
VRP
$2.99B
| $5.08M | 0.03% |
209,326
+4,717
| +2% | +$116K |
|
|
WBIH
452
DELISTED
WBI BullBear Global High Income ETF
WBIH
| $5.07M | 0.03% |
213,142
+100,960
| +90% | +$2.44M |
|
453
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $5.06M | 0.03% |
201,996
-32,857
| -14% | -$827K |
|
454
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.07B
| $5.06M | 0.03% |
98,433
-33,677
| -25% | -$1.84M |
|
455
General Dynamics
GD
$106B
| $5.02M | 0.03% |
34,833
+805
| +2% | +$116K |
|
456
AB InBev
BUD
$156B
| $5M | 0.03% |
45,235
-128
| -0.3% | -$14.9K |
|
457
Exelon
EXC
$48.4B
| $5M | 0.03% |
231,256
+32,637
| +16% | +$734K |
|
458
Invesco Bloomberg Pricing Power ETF
POWA
$177M
| $4.99M | 0.03% |
137,946
-37,232
| -21% | -$1.36M |
|
459
First Trust Energy AlphaDEX Fund
FXN
$380M
| $4.96M | 0.03% |
310,264
-44,225
| -12% | -$735K |
|
460
Schwab US Large- Cap ETF
SCHX
$70.9B
| $4.96M | 0.03% |
628,290
+81,228
| +15% | +$657K |
|
461
American Airlines Group
AAL
$9.66B
| $4.95M | 0.03% |
123,187
+42,452
| +53% | +$1.74M |
|
462
Biogen
BIIB
$29.8B
| $4.93M | 0.03% |
17,221
+773
| +5% | +$255K |
|
463
EOG Resources
EOG
$75.6B
| $4.91M | 0.03% |
61,091
-7,842
| -11% | -$609K |
|
464
Texas Instruments
TXN
$252B
| $4.91M | 0.03% |
97,875
+4,173
| +4% | +$204K |
|
465
First Trust Capital Strength ETF
FTCS
$7.9B
| $4.9M | 0.03% |
132,794
-12,649
| -9% | -$474K |
|
466
American International
AIG
$42.3B
| $4.9M | 0.03% |
84,048
-8,483
| -9% | -$518K |
|
467
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $4.89M | 0.03% |
253,590
-373,879
| -60% | -$7.55M |
|
468
Global X Guru Index ETF
GURU
$60.7M
| $4.88M | 0.03% |
202,634
-19,524
| -9% | -$496K |
|
469
Valero Energy
VLO
$90.6B
| $4.87M | 0.03% |
75,403
+2,459
| +3% | +$156K |
|
470
Schwab US Broad Market ETF
SCHB
$42.7B
| $4.85M | 0.03% |
605,484
+90,084
| +17% | +$740K |
|
471
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.87B
| $4.84M | 0.03% |
138,633
-34,032
| -20% | -$1.29M |
|
472
Blackrock
BLK
$164B
| $4.83M | 0.03% |
15,429
-9,801
| -39% | -$3.16M |
|
|
ACG
473
DELISTED
AllianceBernstein Income Fund Inc
ACG
| $4.82M | 0.03% |
610,488
+10,407
| +2% | +$80.6K |
|
|
HQH
474
abrdn Healthcare Investors
HQH
$1.25B
| $4.79M | 0.03% |
159,830
-43,083
| -21% | -$1.47M |
|
|
NIO
475
DELISTED
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
| $4.79M | 0.03% |
340,129
+16,520
| +5% | +$229K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.