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 | |
|---|---|---|---|---|---|---|
501
iShares MSCI USA Quality Factor ETF
QUAL
$46B
| $8.12M | 0.02% |
123,978
+57,830
| +87% | +$3.6M |
|
|
ATVI
502
DELISTED
Activision Blizzard
ATVI
| $8.08M | 0.02% |
239,709
-37,695
| -14% | -$1.24M |
|
503
Pacer Trendpilot European Index ETF
PTEU
$36.5M
| $8.07M | 0.02% |
+322,758
| New | +$8.07M |
|
504
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.32B
| $8.07M | 0.02% |
252,041
+3,077
| +1% | +$98.7K |
|
505
Conagra Brands
CAG
$7.29B
| $8.06M | 0.02% |
229,588
+14,051
| +7% | +$456K |
|
506
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $8.04M | 0.02% |
108,444
+5,529
| +5% | +$389K |
|
507
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $8.03M | 0.02% |
75,800
+11,886
| +19% | +$1.26M |
|
|
XIV
508
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $8.01M | 0.02% |
328,136
+57,964
| +21% | +$1.19M |
|
509
AstraZeneca
AZN
$263B
| $8M | 0.02% |
141,461
+554
| +0.4% | +$33.3K |
|
510
Adobe
ADBE
$94.5B
| $8M | 0.02% |
84,984
+17,080
| +25% | +$1.48M |
|
511
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.26B
| $7.98M | 0.02% |
269,463
-166,529
| -38% | -$4.7M |
|
|
WBIH
512
DELISTED
WBI BullBear Global High Income ETF
WBIH
| $7.95M | 0.02% |
340,292
-70,692
| -17% | -$1.64M |
|
513
Stryker
SYK
$129B
| $7.95M | 0.02% |
74,252
-4,904
| -6% | -$483K |
|
514
Global X Guru Index ETF
GURU
$60.9M
| $7.94M | 0.02% |
364,856
-34,876
| -9% | -$731K |
|
|
PWY
515
DELISTED
POWERSHARES DYNAMIC SMALL CAP VALUE PORTFOLIO
PWY
| $7.9M | 0.02% |
347,156
-16,661
| -5% | -$379K |
|
516
Healthpeak Properties
DOC
$15.5B
| $7.89M | 0.02% |
262,003
+1,923
| +0.7% | +$57.7K |
|
517
Booking.com
BKNG
$145B
| $7.88M | 0.02% |
153,950
+30,900
| +25% | +$1.48M |
|
518
Annaly Capital Management
NLY
$16.9B
| $7.87M | 0.02% |
191,226
-34,143
| -15% | -$1.34M |
|
519
Mattel
MAT
$4.3B
| $7.86M | 0.02% |
237,467
-14,923
| -6% | -$453K |
|
520
Travelers Companies
TRV
$81.4B
| $7.84M | 0.02% |
67,531
+464
| +0.7% | +$50.6K |
|
521
VanEck BDC Income ETF
BIZD
$1.6B
| $7.82M | 0.02% |
488,777
+363,274
| +289% | +$5.5M |
|
522
Chubb
CB
$139B
| $7.81M | 0.02% |
66,194
+37,606
| +132% | +$4.32M |
|
523
Vodafone
VOD
$36.4B
| $7.8M | 0.02% |
252,847
+9,903
| +4% | +$308K |
|
|
GPT
524
DELISTED
Gramercy Property Trust
GPT
| $7.78M | 0.02% |
309,326
-10,340
| -3% | -$232K |
|
525
ProShares UltraShort QQQ
QID
$288M
| $7.75M | 0.02% |
3,232
+2,815
| +675% | +$7.59M |
|
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.