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 Core S&P Small-Cap ETF
IJR
|
+$76.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$48M |
| 3 |
iShares MSCI Pacific ex Japan ETF
EPP
|
+$29M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$26.6M |
| 5 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$24.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$99.8M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$57.6M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$38.2M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$28.9M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$21.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.21% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.95% |
| 4 | Healthcare | 2.81% |
| 5 | Industrials | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
iShares Select Dividend ETF
DVY
$24B
| $93.7M | 0.59% |
1,313,274
+45,381
| +4% | +$3.16M |
|
27
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $93.1M | 0.58% |
2,527,915
-208,340
| -8% | -$7.86M |
|
28
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $92.6M | 0.58% |
4,823,986
-330,407
| -6% | -$6.08M |
|
29
Vanguard Growth ETF
VUG
$216B
| $92.3M | 0.58% |
5,948,790
+373,008
| +7% | +$5.51M |
|
|
30
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $91.8M | 0.57% |
988,564
-411,051
| -29% | -$38.2M |
|
31
GE Aerospace
GE
$367B
| $87.2M | 0.54% |
649,207
+28,037
| +5% | +$3.53M |
|
32
ExxonMobil
XOM
$651B
| $86.4M | 0.54% |
853,923
+47,282
| +6% | +$4.37M |
|
33
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.1B
| $83.7M | 0.52% |
1,012,600
-112,983
| -10% | -$9.47M |
|
34
State Street SPDR S&P Homebuilders ETF
XHB
$1.74B
| $81M | 0.51% |
2,432,136
-228,870
| -9% | -$7.09M |
|
35
iShares TIPS Bond ETF
TIP
$14.5B
| $77.1M | 0.48% |
701,407
-70,669
| -9% | -$7.89M |
|
36
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $76.9M | 0.48% |
1,844,699
+203,860
| +12% | +$8.27M |
|
37
Vanguard Small-Cap ETF
VB
$79.5B
| $76.7M | 0.48% |
697,317
+78,519
| +13% | +$8.36M |
|
38
State Street SPDR S&P Dividend ETF
SDY
$21.9B
| $75.8M | 0.47% |
1,044,383
+51,012
| +5% | +$3.67M |
|
39
iShares S&P 500 Growth ETF
IVW
$72.5B
| $75.6M | 0.47% |
3,062,820
+215,144
| +8% | +$5.07M |
|
40
Alerian MLP ETF
AMLP
$13B
| $74.1M | 0.46% |
833,568
+31,517
| +4% | +$2.77M |
|
41
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $74.1M | 0.46% |
926,704
-218,740
| -19% | -$17.6M |
|
42
Johnson & Johnson
JNJ
$635B
| $68.2M | 0.43% |
744,344
+1,517
| +0.2% | +$140K |
|
43
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
| $66.7M | 0.42% |
583,793
-73,825
| -11% | -$8.43M |
|
44
iShares MSCI Emerging Markets ETF
EEM
$28B
| $65.6M | 0.41% |
1,570,068
-137,051
| -8% | -$5.74M |
|
45
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $64.6M | 0.4% |
1,274,498
-126,511
| -9% | -$6.41M |
|
46
Invesco Senior Loan ETF
BKLN
$7.1B
| $63.7M | 0.4% |
2,560,050
+408,636
| +19% | +$10.1M |
|
47
AT&T
T
$165B
| $63.3M | 0.4% |
2,385,154
+53,716
| +2% | +$1.41M |
|
48
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.32B
| $60.6M | 0.38% |
2,098,520
+767,142
| +58% | +$22.4M |
|
49
Vanguard Real Estate ETF
VNQ
$39.9B
| $60.5M | 0.38% |
936,693
-122,287
| -12% | -$8.18M |
|
50
Chevron
CVX
$388B
| $60.1M | 0.38% |
481,297
+1,725
| +0.4% | +$209K |
|
Similar funds
LPL Financial's Q4 2013 Portfolio in Review
As of Q4 2013, LPL Financial held 2,780 positions worth $16B, up 6.6% from $15B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial's Q4 2013 filing shows 245 new, 1,314 increased, 1,020 reduced and 136 closed positions. Its largest new stake was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M. The largest sale was iShares MBS ETF, an estimated $99.8M.
By sector, the portfolio is most concentrated in Technology at 3.2% of assets, up from 3% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q4 2013 buy was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q4 2013, an estimated $76.6M increase.
- LPL Financial's biggest Q4 2013 reduction was iShares MBS ETF, cutting an estimated $99.8M.
- LPL Financial fully exited GUGGENGEIM BULLETSHARES 2013 HIGH YIELD CORPORATE BOND ETF in Q4 2013, selling an estimated $3.64M.
- LPL Financial's ten largest holdings make up 21% of its $16B portfolio in Q4 2013.
- LPL Financial opened 245 new positions and closed 136 in Q4 2013.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $16B.
Based on LPL Financial's 13F filing for Q4 2013, filed 13 Feb 2014.