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 | |
|---|---|---|---|---|---|---|
576
iShares China Large-Cap ETF
FXI
$4.22B
| $6.78M | 0.02% |
208,987
-32,991
| -14% | -$1.03M |
|
577
iShares MSCI Pacific ex Japan ETF
EPP
$2.19B
| $6.77M | 0.02% |
179,910
-25,752
| -13% | -$934K |
|
578
Toronto Dominion Bank
TD
$198B
| $6.77M | 0.02% |
159,144
-4,148
| -3% | -$160K |
|
579
Crown Castle
CCI
$32.4B
| $6.76M | 0.02% |
78,513
+41,422
| +112% | +$3.51M |
|
580
iShares MSCI South Korea ETF
EWY
$22.5B
| $6.76M | 0.02% |
133,280
-10,822
| -8% | -$523K |
|
581
National Grid
NGG
$81.6B
| $6.76M | 0.02% |
99,303
+203
| +0.2% | +$13.6K |
|
582
Diageo
DEO
$47.3B
| $6.75M | 0.02% |
63,394
+2,106
| +3% | +$223K |
|
|
VTA
583
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $6.74M | 0.02% |
638,586
-124,583
| -16% | -$1.27M |
|
584
American Tower
AMT
$77.7B
| $6.69M | 0.02% |
64,386
-15,916
| -20% | -$1.49M |
|
|
MUS
585
DELISTED
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
| $6.69M | 0.02% |
469,200
+452,200
| +2,660% | +$6.22M |
|
586
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$14.9B
| $6.65M | 0.02% |
159,265
+139,759
| +716% | +$5.56M |
|
587
American Airlines Group
AAL
$9.9B
| $6.64M | 0.02% |
170,582
-29,658
| -15% | -$1.19M |
|
588
Invesco Senior Income Trust
VVR
$456M
| $6.59M | 0.02% |
1,647,294
-12,213
| -0.7% | -$47.2K |
|
589
Vanguard Russell 2000 Growth ETF
VTWG
$1.48B
| $6.58M | 0.02% |
69,017
-1,841
| -3% | -$167K |
|
590
iShares North American Natural Resources ETF
IGE
$735M
| $6.56M | 0.02% |
227,491
-13,406
| -6% | -$364K |
|
591
Global X SuperDividend ETF
SDIV
$1.21B
| $6.54M | 0.02% |
111,743
+11,077
| +11% | +$622K |
|
|
MON
592
DELISTED
Monsanto Co
MON
| $6.5M | 0.02% |
74,977
-19,803
| -21% | -$1.79M |
|
|
JTP
593
DELISTED
NUVEEN QUALITY PFD INCOME FD
JTP
| $6.49M | 0.02% |
774,852
+46,443
| +6% | +$380K |
|
594
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $6.47M | 0.02% |
359,137
+52,922
| +17% | +$929K |
|
595
Genuine Parts
GPC
$17.6B
| $6.44M | 0.02% |
65,923
+6,861
| +12% | +$608K |
|
596
O'Reilly Automotive
ORLY
$75.1B
| $6.43M | 0.02% |
356,610
-49,200
| -12% | -$840K |
|
597
State Street SPDR S&P International Dividend ETF
DWX
$523M
| $6.43M | 0.02% |
191,270
-26,367
| -12% | -$851K |
|
598
iShares Core Dividend Growth ETF
DGRO
$42.8B
| $6.42M | 0.02% |
244,941
+33,943
| +16% | +$851K |
|
|
HIO
599
Western Asset High Income Opportunity Fund
HIO
$334M
| $6.42M | 0.02% |
1,391,462
+506,902
| +57% | +$2.29M |
|
600
iShares Morningstar Small-Cap ETF
ISCB
$283M
| $6.41M | 0.02% |
195,344
-12,832
| -6% | -$395K |
|
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.