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 | |
|---|---|---|---|---|---|---|
526
First Trust Cloud Computing ETF
SKYY
$2.78B
| $4.12M | 0.02% |
140,175
+8,028
| +6% | +$237K |
|
527
State Street SPDR S&P International Dividend ETF
DWX
$523M
| $4.11M | 0.02% |
115,660
-473,893
| -80% | -$17.7M |
|
|
FUTS
528
DELISTED
PROSHARES TR II PROSHARES MANAGED FUTURES STRAGETY ETF (DE)
FUTS
| $4.1M | 0.02% |
+197,948
| New | +$4.1M |
|
529
VanEck Agribusiness ETF
MOO
$988M
| $4.08M | 0.02% |
86,114
-7,062
| -8% | -$364K |
|
530
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.16B
| $4.07M | 0.02% |
90,668
+9,633
| +12% | +$442K |
|
531
iShares MSCI South Korea ETF
EWY
$22.5B
| $4.06M | 0.02% |
79,578
-9,278
| -10% | -$463K |
|
|
CMCSK
532
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $4.02M | 0.02% |
66,924
+995
| +2% | +$59.8K |
|
533
VanEck Junior Gold Miners ETF
GDXJ
$7.15B
| $4.02M | 0.02% |
193,225
+26,601
| +16% | +$540K |
|
534
Tractor Supply
TSCO
$16.7B
| $4.01M | 0.02% |
226,580
+30,835
| +16% | +$549K |
|
535
Sherwin-Williams
SHW
$80.7B
| $4M | 0.02% |
49,710
-6,480
| -12% | -$568K |
|
536
WisdomTree Europe SmallCap Dividend Fund
DFE
$163M
| $4M | 0.02% |
71,968
-3,993
| -5% | -$227K |
|
537
Sanofi
SNY
$105B
| $3.98M | 0.02% |
81,214
-8,387
| -9% | -$427K |
|
|
CBI
538
DELISTED
Chicago Bridge & Iron Nv
CBI
| $3.96M | 0.02% |
98,353
-6,426
| -6% | -$297K |
|
539
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $3.94M | 0.02% |
56,375
-36,451
| -39% | -$2.6M |
|
540
Nucor
NUE
$56.4B
| $3.93M | 0.02% |
98,759
+382
| +0.4% | +$16.4K |
|
541
iShares MSCI Hong Kong ETF
EWH
$1.23B
| $3.92M | 0.02% |
195,831
-1,026,633
| -84% | -$21.3M |
|
542
Yum! Brands
YUM
$40.7B
| $3.91M | 0.02% |
65,540
-12,544
| -16% | -$759K |
|
543
Vanguard Russell 2000 Growth ETF
VTWG
$1.48B
| $3.88M | 0.02% |
38,464
+539
| +1% | +$58.2K |
|
|
MMP
544
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $3.88M | 0.02% |
56,670
-8,334
| -13% | -$569K |
|
545
Advance Auto Parts
AAP
$3.48B
| $3.88M | 0.02% |
20,302
-22
| -0.1% | -$3.81K |
|
546
Stryker
SYK
$129B
| $3.87M | 0.02% |
39,890
+1,461
| +4% | +$145K |
|
547
iShares US Medical Devices ETF
IHI
$3.06B
| $3.82M | 0.02% |
199,686
-131,640
| -40% | -$2.65M |
|
548
Schwab U.S Small- Cap ETF
SCHA
$22.4B
| $3.82M | 0.02% |
290,112
-147,784
| -34% | -$2.03M |
|
549
Illumina
ILMN
$28.7B
| $3.82M | 0.02% |
24,052
-2,697
| -10% | -$545K |
|
550
Invesco CurrencyShares Swiss Franc Trust
FXF
$409M
| $3.81M | 0.02% |
38,389
+30,825
| +408% | +$3.1M |
|
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.