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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Vanguard Russell 1000 Value ETF
VONV
$20.7B
| $4.15M | 0.02% |
94,184
+11,518
| +14% | +$494K |
|
552
Hershey
HSY
$35.2B
| $4.14M | 0.02% |
42,495
-12,512
| -23% | -$1.23M |
|
553
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$237M
| $4.13M | 0.02% |
221,607
-46,061
| -17% | -$837K |
|
554
BHP
BHP
$215B
| $4.12M | 0.02% |
71,133
-11,212
| -14% | -$659K |
|
|
AGN
555
DELISTED
Allergan plc
AGN
| $4.11M | 0.02% |
18,429
+651
| +4% | +$135K |
|
556
Gabelli Equity Trust
GAB
$1.75B
| $4.1M | 0.02% |
574,988
+132,982
| +30% | +$946K |
|
557
iShares Morningstar Small-Cap ETF
ISCB
$282M
| $4.09M | 0.02% |
119,032
-1,688
| -1% | -$55.7K |
|
|
HTD
558
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$913M
| $4.08M | 0.02% |
194,909
-12,498
| -6% | -$254K |
|
|
RPAI
559
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $4.07M | 0.02% |
264,383
+10,929
| +4% | +$161K |
|
|
HQH
560
abrdn Healthcare Investors
HQH
$1.25B
| $4.06M | 0.02% |
157,524
-45,751
| -23% | -$1.19M |
|
|
BNY
561
Bank of New York Mellon
BNY
$106B
| $4.04M | 0.02% |
107,895
+5,731
| +6% | +$198K |
|
562
VF Corp
VFC
$5.63B
| $4.04M | 0.02% |
68,151
-6,621
| -9% | -$385K |
|
563
Vanguard Communication Services ETF
VOX
$5.59B
| $4.03M | 0.02% |
45,839
+7,535
| +20% | +$647K |
|
564
Eaton
ETN
$161B
| $4M | 0.02% |
51,822
-14,813
| -22% | -$1.1M |
|
565
Toronto Dominion Bank
TD
$198B
| $3.98M | 0.02% |
77,454
+19,695
| +34% | +$956K |
|
566
Schwab International Equity ETF
SCHF
$66.6B
| $3.98M | 0.02% |
241,404
-8,572
| -3% | -$138K |
|
567
W.P. Carey
WPC
$16.8B
| $3.98M | 0.02% |
63,082
+1,801
| +3% | +$110K |
|
568
Invesco DB Base Metals Fund
DBB
$312M
| $3.95M | 0.02% |
+232,839
| New | +$3.78M |
|
569
DTE Energy
DTE
$29.5B
| $3.95M | 0.02% |
59,622
+1,938
| +3% | +$126K |
|
570
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $3.94M | 0.02% |
82,086
+14,948
| +22% | +$710K |
|
571
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $3.91M | 0.02% |
38,189
-1,108
| -3% | -$113K |
|
|
NQU
572
DELISTED
NUVEEN QUALITY INCOME MUNI FD
NQU
| $3.91M | 0.02% |
284,989
+4,700
| +2% | +$64.1K |
|
|
FAX
573
DELISTED
abrdn Asia-Pacific Income Fund
FAX
| $3.91M | 0.02% |
103,671
+2,420
| +2% | +$90.4K |
|
574
iShares Morningstar US Equity ETF
ILCB
$1.27B
| $3.9M | 0.02% |
137,072
+332
| +0.2% | +$9.26K |
|
575
iShares US Financial Services ETF
IYG
$2.16B
| $3.89M | 0.02% |
138,159
-565,320
| -80% | -$15.5M |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.