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 | |
|---|---|---|---|---|---|---|
26
iShares Europe ETF
IEV
$1.67B
| $100M | 0.58% |
2,067,306
+482,332
| +30% | +$23.8M |
|
27
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $99.1M | 0.58% |
3,202,012
+340,533
| +12% | +$10.5M |
|
|
28
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $98.8M | 0.58% |
2,284,920
+980,749
| +75% | +$41.6M |
|
|
29
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $97.8M | 0.57% |
1,027,779
-264,826
| -20% | -$25M |
|
30
iShares Russell 1000 ETF
IWB
$48.2B
| $96.4M | 0.56% |
875,852
+29,513
| +3% | +$3.14M |
|
31
Invesco Senior Loan ETF
BKLN
$6.97B
| $94M | 0.55% |
3,779,487
+962,670
| +34% | +$23.9M |
|
32
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $93.4M | 0.54% |
1,162,188
-7,337
| -0.6% | -$589K |
|
33
Vanguard Morningstar Small-Cap ETF
VB
$79.5B
| $92.3M | 0.54% |
787,769
+25,652
| +3% | +$2.87M |
|
34
Vanguard Morningstar Growth ETF
VUG
$220B
| $91.9M | 0.54% |
5,572,818
-309,906
| -5% | -$4.91M |
|
35
GE Aerospace
GE
$374B
| $91.7M | 0.53% |
728,376
+31,340
| +4% | +$3.99M |
|
|
36
iShares S&P 500 Growth ETF
IVW
$73.8B
| $89M | 0.52% |
3,384,460
-3,195,676
| -49% | -$81.1M |
|
37
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $88.8M | 0.52% |
4,448,658
-1,081,398
| -20% | -$21.1M |
|
38
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $86.8M | 0.51% |
2,037,266
+81,090
| +4% | +$3.42M |
|
|
39
SPDR Gold Trust
GLD
$131B
| $86.1M | 0.5% |
672,634
+395,848
| +143% | +$49.2M |
|
40
Vanguard Real Estate ETF
VNQ
$39.2B
| $85.8M | 0.5% |
1,146,357
+102,722
| +10% | +$7.55M |
|
41
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| $84.3M | 0.49% |
1,100,034
+49,922
| +5% | +$3.74M |
|
42
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $80.4M | 0.47% |
929,376
-28,451
| -3% | -$2.44M |
|
43
iShares Core MSCI EAFE ETF
IEFA
$190B
| $80.2M | 0.47% |
1,288,802
+60,910
| +5% | +$3.78M |
|
44
ExxonMobil
XOM
$644B
| $78.6M | 0.46% |
781,039
-52,466
| -6% | -$5.29M |
|
45
Johnson & Johnson
JNJ
$618B
| $74.6M | 0.43% |
712,824
-14,864
| -2% | -$1.5M |
|
46
Alerian MLP ETF
AMLP
$13B
| $74.3M | 0.43% |
782,249
+44,910
| +6% | +$4.09M |
|
47
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $68.2M | 0.4% |
3,558,934
+846,550
| +31% | +$15.7M |
|
48
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $68.1M | 0.4% |
1,026,269
+82,037
| +9% | +$5.3M |
|
|
49
iShares MBS ETF
MBB
$38.9B
| $67M | 0.39% |
619,458
-1,201,561
| -66% | -$129M |
|
50
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $65.9M | 0.38% |
2,013,543
-232,147
| -10% | -$7.36M |
|
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.