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 | |
|---|---|---|---|---|---|---|
626
Norfolk Southern
NSC
$77.1B
| $3.17M | 0.02% |
39,572
-4,874
| -11% | -$396K |
|
627
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$767M
| $3.15M | 0.02% |
121,801
-73,113
| -38% | -$1.95M |
|
628
iShares MSCI Taiwan ETF
EWT
$9.99B
| $3.15M | 0.02% |
113,821
-30,398
| -21% | -$854K |
|
629
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$691M
| $3.15M | 0.02% |
82,514
-68,034
| -45% | -$2.73M |
|
630
Conagra Brands
CAG
$7.29B
| $3.15M | 0.02% |
95,650
-14,089
| -13% | -$473K |
|
631
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.06B
| $3.14M | 0.02% |
178,275
-2,466
| -1% | -$45K |
|
632
VanEck Oil Services ETF
OIH
$2.06B
| $3.14M | 0.02% |
5,292
-92
| -2% | -$56.4K |
|
633
Dollar Tree
DLTR
$24.1B
| $3.13M | 0.02% |
46,006
+1,175
| +3% | +$88.2K |
|
|
FLG
634
Flagstar Bank National Association
FLG
$5.74B
| $3.13M | 0.02% |
56,556
-46,943
| -45% | -$2.55M |
|
635
Toyota
TM
$216B
| $3.12M | 0.02% |
25,559
-4,187
| -14% | -$525K |
|
|
CA
636
DELISTED
CA, Inc.
CA
| $3.12M | 0.02% |
110,148
-1,251
| -1% | -$35.8K |
|
637
Invesco CurrencyShares British Pound Sterling Trust
FXB
$76.7M
| $3.11M | 0.02% |
20,961
-1,336
| -6% | -$203K |
|
638
Invesco Water Resources ETF
PHO
$1.98B
| $3.11M | 0.02% |
143,555
-36,093
| -20% | -$826K |
|
639
Intuit
INTU
$83.1B
| $3.11M | 0.02% |
34,022
+1,627
| +5% | +$158K |
|
|
DBL
640
DoubleLine Opportunistic Credit Fund
DBL
$277M
| $3.1M | 0.02% |
124,373
-94,776
| -43% | -$2.26M |
|
641
Illinois Tool Works
ITW
$81.9B
| $3.09M | 0.02% |
36,122
-584
| -2% | -$51.1K |
|
642
WisdomTree US LargeCap Fund
EPS
$1.57B
| $3.08M | 0.02% |
135,924
-8,682
| -6% | -$202K |
|
643
Intercontinental Exchange
ICE
$84.1B
| $3.08M | 0.02% |
65,060
+3,535
| +6% | +$164K |
|
644
Ecolab
ECL
$76.4B
| $3.08M | 0.02% |
26,654
-10,298
| -28% | -$1.15M |
|
645
iShares MSCI EAFE Growth ETF
EFG
$16.4B
| $3.08M | 0.02% |
46,287
-11,164
| -19% | -$761K |
|
646
HCA Healthcare
HCA
$86.4B
| $3.07M | 0.02% |
38,962
-5,734
| -13% | -$508K |
|
|
ATVI
647
DELISTED
Activision Blizzard
ATVI
| $3.07M | 0.02% |
95,973
+27,688
| +41% | +$772K |
|
|
BNY
648
Bank of New York Mellon
BNY
$107B
| $3.06M | 0.02% |
76,366
-7,868
| -9% | -$327K |
|
|
FM
649
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.06M | 0.02% |
120,522
-14,860
| -11% | -$404K |
|
650
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $3.05M | 0.02% |
46,654
+13,136
| +39% | +$852K |
|
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.