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 S&P 500 Growth ETF
IVW
|
+$86.9M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$71.2M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$47.2M |
| 4 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$43.1M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$42.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$118M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$56.1M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$52.7M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$40.5M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$39.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.86% |
| 4 | Healthcare | 2.78% |
| 5 | Industrials | 2.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Invesco Municipal Opportunity Trust
VMO
$653M
| $3.26M | 0.02% |
267,256
-33,331
| -11% | -$404K |
|
602
Vanguard Communication Services ETF
VOX
$5.69B
| $3.26M | 0.02% |
38,304
+6,041
| +19% | +$495K |
|
603
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $3.25M | 0.02% |
151,241
+110,063
| +267% | +$2.37M |
|
604
Gabelli Equity Trust
GAB
$1.76B
| $3.24M | 0.02% |
442,006
+88,456
| +25% | +$647K |
|
605
Bread Financial
BFH
$4.36B
| $3.23M | 0.02% |
14,861
-1,883
| -11% | -$404K |
|
606
ProShares Short Russell2000
RWM
$131M
| $3.23M | 0.02% |
48,896
+24,380
| +99% | +$1.64M |
|
607
iShares MSCI ACWI ETF
ACWI
$32.5B
| $3.21M | 0.02% |
55,248
-2,017
| -4% | -$115K |
|
608
ProShares Ultra MidCap400
MVV
$156M
| $3.2M | 0.02% |
144,615
+9,051
| +7% | +$192K |
|
609
First Trust Dorsey Wright Focus 5 ETF
FV
$3.62B
| $3.18M | 0.02% |
+168,615
| New | +$3.26M |
|
610
iShares Global Materials ETF
MXI
$340M
| $3.18M | 0.02% |
50,954
-1,897
| -4% | -$116K |
|
|
FM
611
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.17M | 0.02% |
87,485
+41,778
| +91% | +$1.44M |
|
612
Genuine Parts
GPC
$17.9B
| $3.16M | 0.02% |
36,414
+2,316
| +7% | +$195K |
|
613
Cigna
CI
$79.6B
| $3.16M | 0.02% |
37,709
-4,690
| -11% | -$386K |
|
614
Alcoa
AA
$11.7B
| $3.15M | 0.02% |
101,970
+7,310
| +8% | +$203K |
|
615
Schwab US Broad Market ETF
SCHB
$42.9B
| $3.15M | 0.02% |
413,940
+108,780
| +36% | +$814K |
|
|
ARII
616
DELISTED
American Railcar Industries, Inc.
ARII
| $3.13M | 0.02% |
+44,752
| New | +$2.58M |
|
617
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $3.13M | 0.02% |
67,138
-23,277
| -26% | -$1.04M |
|
618
American Airlines Group
AAL
$10.2B
| $3.11M | 0.02% |
85,031
+57,833
| +213% | +$1.97M |
|
619
Healthpeak Properties
DOC
$15.7B
| $3.11M | 0.02% |
88,059
+1,069
| +1% | +$36.9K |
|
620
iShares MSCI EAFE Value ETF
EFV
$28.4B
| $3.1M | 0.02% |
53,881
-1,943
| -3% | -$110K |
|
621
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.35B
| $3.1M | 0.02% |
239,744
-33,724
| -12% | -$434K |
|
622
Invesco NASDAQ Internet ETF
PNQI
$526M
| $3.1M | 0.02% |
234,825
+25,130
| +12% | +$349K |
|
623
iShares Global Tech ETF
IXN
$8.1B
| $3.09M | 0.02% |
219,642
+30,186
| +16% | +$417K |
|
624
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $3.09M | 0.02% |
66,476
+2,974
| +5% | +$137K |
|
|
PXR
625
DELISTED
Invesco Emerging Markets Infrastructure ETF
PXR
| $3.09M | 0.02% |
83,938
-353
| -0.4% | -$12.7K |
|
Similar funds
LPL Financial's Q1 2014 Portfolio in Review
As of Q1 2014, LPL Financial held 2,836 positions worth $16.3B, up 1.6% from $16B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2014 filing shows 192 new, 1,211 increased, 1,175 reduced and 199 closed positions. Its largest new stake was iShares MSCI France ETF: 526,189 shares worth $15.4M. The largest sale was iShares MSCI EAFE ETF, an estimated $118M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q1 2014 buy was iShares MSCI France ETF: 526,189 shares worth $15.4M.
- LPL Financial added most to iShares S&P 500 Growth ETF in Q1 2014, an estimated $86.9M increase.
- LPL Financial's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $118M.
- LPL Financial fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $20.7M.
- LPL Financial's ten largest holdings make up 19% of its $16.3B portfolio in Q1 2014.
- LPL Financial opened 192 new positions and closed 199 in Q1 2014.
- LPL Financial's portfolio value rose 1.6% quarter-over-quarter to $16.3B.
Based on LPL Financial's 13F filing for Q1 2014, filed 12 May 2014.