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 | |
|---|---|---|---|---|---|---|
|
SE
526
DELISTED
Spectra Energy Corp Wi
SE
| $7.74M | 0.02% |
267,510
+24,106
| +10% | +$680K |
|
527
Occidental Petroleum
OXY
$54.6B
| $7.73M | 0.02% |
114,668
-9,987
| -8% | -$669K |
|
528
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$143M
| $7.71M | 0.02% |
297,762
-128,688
| -30% | -$3.18M |
|
529
BlackRock Taxable Municipal Bond Trust
BBN
$971M
| $7.71M | 0.02% |
333,607
+12,234
| +4% | +$273K |
|
|
CBI
530
DELISTED
Chicago Bridge & Iron Nv
CBI
| $7.71M | 0.02% |
221,807
+34,885
| +19% | +$1.25M |
|
531
Invesco KBW High Dividend Yield Financial ETF
KBWD
$412M
| $7.66M | 0.02% |
374,151
+15,557
| +4% | +$300K |
|
532
Constellation Brands
STZ
$22.2B
| $7.63M | 0.02% |
50,424
-1,059
| -2% | -$153K |
|
533
iShares ESG Optimized MSCI USA ETF
SUSA
$3.99B
| $7.62M | 0.02% |
180,258
-14,602
| -7% | -$584K |
|
534
Johnson Controls International
JCI
$87.5B
| $7.57M | 0.02% |
190,822
+21,795
| +13% | +$832K |
|
|
DIVY
535
DELISTED
Reality Shares DIVS ETF
DIVY
| $7.56M | 0.02% |
329,585
+212,335
| +181% | +$4.86M |
|
536
Sanofi
SNY
$105B
| $7.55M | 0.02% |
183,365
+24,423
| +15% | +$981K |
|
537
First Trust Multi Cap Value AlphaDEX Fund
FAB
$163M
| $7.55M | 0.02% |
180,562
-6,418
| -3% | -$252K |
|
|
ETV
538
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.71B
| $7.5M | 0.02% |
515,016
-34,409
| -6% | -$491K |
|
539
First Trust Enhanced Short Maturity ETF
FTSM
$6.5B
| $7.5M | 0.02% |
125,165
+111,277
| +801% | +$6.66M |
|
540
Sherwin-Williams
SHW
$80.7B
| $7.45M | 0.02% |
77,805
+44,583
| +134% | +$3.9M |
|
541
Blackrock
BLK
$165B
| $7.44M | 0.02% |
22,230
+691
| +3% | +$219K |
|
542
Vanguard Russell 2000 ETF
VTWO
$17.4B
| $7.43M | 0.02% |
170,274
-4,502
| -3% | -$187K |
|
543
iShares Global Consumer Staples ETF
KXI
$1.06B
| $7.43M | 0.02% |
153,244
+12,376
| +9% | +$574K |
|
544
Cohen & Steers Infrastructure Fund
UTF
$3.1B
| $7.42M | 0.02% |
385,879
-5,502
| -1% | -$101K |
|
545
First Trust Managed Municipal ETF
FMB
$2.04B
| $7.41M | 0.02% |
139,664
+120,516
| +629% | +$6.34M |
|
546
Lear
LEA
$7.26B
| $7.37M | 0.02% |
71,064
-68,103
| -49% | -$7.21M |
|
547
Yum! Brands
YUM
$40.7B
| $7.33M | 0.02% |
124,954
-16,415
| -12% | -$861K |
|
548
Nuveen Real Estate Income Fund
JRS
$251M
| $7.32M | 0.02% |
686,302
+3,506
| +0.5% | +$35.4K |
|
549
iShares MSCI EAFE Growth ETF
EFG
$16.4B
| $7.31M | 0.02% |
114,141
-38,630
| -25% | -$2.44M |
|
550
Invesco S&P 500 BuyWrite ETF
PBP
$352M
| $7.29M | 0.02% |
361,461
-6,187
| -2% | -$122K |
|
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.