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
|
+$122M |
| 2 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$102M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$91.9M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$82.5M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$73.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$204M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$91.1M |
| 3 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$56.8M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$39.5M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.11% |
| 2 | Healthcare | 3.02% |
| 3 | Financials | 3.02% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RSX
526
DELISTED
VanEck Russia ETF
RSX
| $4.9M | 0.03% |
276,510
+36,492
| +15% | +$595K |
|
527
Schwab International Equity ETF
SCHF
$65.1B
| $4.89M | 0.03% |
321,848
+34,728
| +12% | +$516K |
|
528
Vanguard Communication Services ETF
VOX
$5.64B
| $4.88M | 0.02% |
55,541
-7,774
| -12% | -$674K |
|
529
Dollar Tree
DLTR
$24.4B
| $4.84M | 0.02% |
59,553
-25,315
| -30% | -$1.92M |
|
|
FM
530
DELISTED
iShares Frontier and Select EM ETF
FM
| $4.8M | 0.02% |
156,491
+115,721
| +284% | +$3.49M |
|
|
VTA
531
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $4.8M | 0.02% |
400,864
+29,868
| +8% | +$354K |
|
532
Invesco Biotechnology & Genome ETF
PBE
$284M
| $4.79M | 0.02% |
86,377
+11,794
| +16% | +$638K |
|
533
Devon Energy
DVN
$49.9B
| $4.76M | 0.02% |
77,245
+1,568
| +2% | +$95.6K |
|
534
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.87B
| $4.76M | 0.02% |
50,216
+3,202
| +7% | +$302K |
|
535
Amplify Cybersecurity ETF
HACK
$2.64B
| $4.76M | 0.02% |
171,094
+154,449
| +928% | +$4.23M |
|
536
Exelon
EXC
$48.8B
| $4.75M | 0.02% |
202,815
-16,276
| -7% | -$403K |
|
|
BSCG
537
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $4.75M | 0.02% |
213,486
-58,817
| -22% | -$1.3M |
|
538
W.P. Carey
WPC
$17B
| $4.73M | 0.02% |
70,944
-1,849
| -3% | -$127K |
|
539
Freeport-McMoran
FCX
$87.1B
| $4.69M | 0.02% |
247,152
+34,880
| +16% | +$690K |
|
540
Invesco S&P 500 Revenue ETF
RWL
$9.62B
| $4.67M | 0.02% |
113,510
+6,549
| +6% | +$268K |
|
541
State Street SPDR S&P China ETF
GXC
$450M
| $4.67M | 0.02% |
54,257
+43,675
| +413% | +$3.54M |
|
542
Humana
HUM
$45.5B
| $4.66M | 0.02% |
26,255
+751
| +3% | +$119K |
|
543
Norfolk Southern
NSC
$77.3B
| $4.65M | 0.02% |
45,126
-902
| -2% | -$96.5K |
|
544
Vanguard S&P 500 Growth ETF
VOOG
$25.1B
| $4.64M | 0.02% |
274,326
+35,196
| +15% | +$597K |
|
545
First Trust Preferred Securities and Income ETF
FPE
$6.32B
| $4.63M | 0.02% |
240,946
+117,770
| +96% | +$2.25M |
|
546
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.15B
| $4.63M | 0.02% |
345,895
+37,184
| +12% | +$497K |
|
547
Emerson Electric
EMR
$83.1B
| $4.62M | 0.02% |
82,632
+2,738
| +3% | +$159K |
|
|
LINE
548
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $4.61M | 0.02% |
410,086
+8,773
| +2% | +$100K |
|
549
State Street SPDR Portfolio Europe ETF
SPEU
$713M
| $4.61M | 0.02% |
130,028
-3,855
| -3% | -$135K |
|
550
Johnson Controls International
JCI
$84.8B
| $4.58M | 0.02% |
88,276
-12,578
| -12% | -$639K |
|
Similar funds
LPL Financial's Q1 2015 Portfolio in Review
As of Q1 2015, LPL Financial held 2,944 positions worth $19.6B, up 7.2% from $18.3B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $1.03B of net new capital in Q1 2015, opening 222 new positions and adding to 1,353 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $204M trimmed.
- LPL Financial's largest Q1 2015 buy was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
- LPL Financial added most to iShares MBS ETF in Q1 2015, an estimated $122M increase.
- LPL Financial's biggest Q1 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $204M.
- LPL Financial fully exited Allergan Inc in Q1 2015, selling an estimated $9.23M.
- LPL Financial's ten largest holdings make up 21% of its $19.6B portfolio in Q1 2015.
- LPL Financial opened 222 new positions and closed 165 in Q1 2015.
- LPL Financial's portfolio value rose 7.2% quarter-over-quarter to $19.6B.
Based on LPL Financial's 13F filing for Q1 2015, filed 14 May 2015.