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 | |
|---|---|---|---|---|---|---|
476
iShares China Large-Cap ETF
FXI
$4.27B
| $4.79M | 0.03% |
127,019
-82,759
| -39% | -$3.22M |
|
477
Omega Healthcare
OHI
$15.4B
| $4.78M | 0.03% |
133,767
+2,860
| +2% | +$100K |
|
478
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $4.76M | 0.03% |
648,689
-38,816
| -6% | -$297K |
|
479
W.P. Carey
WPC
$16.8B
| $4.75M | 0.03% |
82,447
+993
| +1% | +$57.8K |
|
480
Sysco
SYY
$40.7B
| $4.74M | 0.03% |
117,813
+5,529
| +5% | +$211K |
|
481
VF Corp
VFC
$7.16B
| $4.72M | 0.03% |
70,031
-1,581
| -2% | -$108K |
|
482
Public Service Enterprise Group
PEG
$39.3B
| $4.7M | 0.03% |
110,110
-778
| -0.7% | -$31.7K |
|
483
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $4.69M | 0.03% |
160,038
-10,142
| -6% | -$294K |
|
484
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.2B
| $4.67M | 0.03% |
208,371
+10,092
| +5% | +$237K |
|
485
Cohen & Steers REIT and Preferred and Income Fund
RNP
$996M
| $4.66M | 0.03% |
266,684
-89,844
| -25% | -$1.58M |
|
486
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $4.64M | 0.03% |
86,861
-26,569
| -23% | -$1.41M |
|
487
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $4.63M | 0.03% |
33,767
+11,588
| +52% | +$1.57M |
|
488
Annaly Capital Management
NLY
$17.4B
| $4.61M | 0.03% |
113,064
+6,631
| +6% | +$265K |
|
489
Cognizant
CTSH
$23.8B
| $4.61M | 0.03% |
70,750
-210
| -0.3% | -$13.2K |
|
490
Pacer Trendpilot 100 ETF
PTNQ
$1.18B
| $4.6M | 0.03% |
196,290
+42,128
| +27% | +$1.04M |
|
491
Booking.com
BKNG
$154B
| $4.6M | 0.03% |
90,175
-34,375
| -28% | -$1.71M |
|
492
iShares Europe ETF
IEV
$1.64B
| $4.59M | 0.03% |
110,995
-785
| -0.7% | -$33.6K |
|
493
Emerson Electric
EMR
$85B
| $4.58M | 0.03% |
99,548
+5,203
| +6% | +$256K |
|
494
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$713M
| $4.58M | 0.03% |
197,433
-228,044
| -54% | -$5.37M |
|
495
PIMCO Corporate & Income Opportunity Fund
PTY
$2.49B
| $4.57M | 0.03% |
337,223
-24,461
| -7% | -$339K |
|
496
Diageo
DEO
$49.4B
| $4.52M | 0.02% |
40,992
-4,220
| -9% | -$469K |
|
|
TYG
497
Tortoise Energy Infrastructure Corp
TYG
$1.1B
| $4.48M | 0.02% |
37,941
-229
| -0.6% | -$31.1K |
|
498
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $4.47M | 0.02% |
446,985
-38,541
| -8% | -$398K |
|
499
Invesco S&P 500 Revenue ETF
RWL
$9.67B
| $4.47M | 0.02% |
114,676
+2,641
| +2% | +$105K |
|
500
Travelers Companies
TRV
$82.9B
| $4.46M | 0.02% |
43,847
+3,233
| +8% | +$331K |
|
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.