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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Automatic Data Processing
ADP
$102B
| $8.87M | 0.02% |
98,855
+9,160
| +10% | +$768K |
|
|
FAX
477
abrdn Asia-Pacific Income Fund
FAX
$597M
| $8.86M | 0.02% |
301,263
+28,687
| +11% | +$795K |
|
478
Goldman Sachs
GS
$309B
| $8.81M | 0.02% |
56,709
+483
| +0.9% | +$74.7K |
|
|
VER
479
DELISTED
VEREIT, Inc.
VER
| $8.72M | 0.02% |
196,334
-99,537
| -34% | -$3.95M |
|
480
iShares Morningstar Value ETF
ILCV
$1.31B
| $8.69M | 0.02% |
209,326
+21,676
| +12% | +$865K |
|
481
Nucor
NUE
$56.4B
| $8.69M | 0.02% |
185,697
-2,396
| -1% | -$97.5K |
|
482
First Trust Natural Gas ETF
FCG
$617M
| $8.69M | 0.02% |
436,444
+26,211
| +6% | +$505K |
|
483
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $8.65M | 0.02% |
130,425
+42,860
| +49% | +$2.82M |
|
484
Delta Air Lines
DAL
$57B
| $8.65M | 0.02% |
183,389
-86,186
| -32% | -$4.03M |
|
485
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.7B
| $8.6M | 0.02% |
1,153,630
-35,027
| -3% | -$251K |
|
486
Omega Healthcare
OHI
$15.3B
| $8.48M | 0.02% |
243,892
+27,644
| +13% | +$905K |
|
487
Schwab US Mid-Cap ETF
SCHM
$14.6B
| $8.46M | 0.02% |
634,326
+148,401
| +31% | +$1.87M |
|
|
TUP
488
DELISTED
Tupperware Brands Corporation
TUP
| $8.43M | 0.02% |
147,715
+36,629
| +33% | +$1.89M |
|
489
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.74B
| $8.43M | 0.02% |
176,266
-12,814
| -7% | -$576K |
|
490
General Dynamics
GD
$105B
| $8.38M | 0.02% |
64,019
+5,591
| +10% | +$741K |
|
491
Public Service Enterprise Group
PEG
$39.5B
| $8.35M | 0.02% |
180,781
+18,976
| +12% | +$806K |
|
492
Cognizant
CTSH
$22.3B
| $8.35M | 0.02% |
136,468
-39,936
| -23% | -$2.32M |
|
|
TWX
493
DELISTED
Time Warner Inc
TWX
| $8.34M | 0.02% |
114,744
+15,747
| +16% | +$1.08M |
|
|
SPYM
494
State Street SPDR Portfolio S&P 500 ETF
SPYM
$159B
| $8.33M | 0.02% |
349,132
-1,141,016
| -77% | -$26M |
|
495
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$320M
| $8.28M | 0.02% |
258,222
+183,184
| +244% | +$5.39M |
|
496
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $8.26M | 0.02% |
841,599
+40,458
| +5% | +$391K |
|
497
Schwab U.S Small- Cap ETF
SCHA
$22.4B
| $8.23M | 0.02% |
642,224
+33,116
| +5% | +$401K |
|
|
EMC
498
DELISTED
EMC CORPORATION
EMC
| $8.19M | 0.02% |
310,314
-10,703
| -3% | -$271K |
|
499
Invesco Bloomberg Pricing Power ETF
POWA
$177M
| $8.18M | 0.02% |
223,038
-22,838
| -9% | -$794K |
|
|
ETP
500
DELISTED
Energy Transfer Partners L.p.
ETP
| $8.16M | 0.02% |
272,446
-79,241
| -23% | -$2.21M |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.