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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
APC
701
DELISTED
Anadarko Petroleum
APC
| $3.14M | 0.02% |
41,103
-9,654
| -19% | -$836K |
|
702
BlackRock Energy and Resources Trust
BGR
$420M
| $3.13M | 0.02% |
179,714
-2,778
| -2% | -$55.8K |
|
703
Invesco Energy Exploration & Production ETF
PXE
$88M
| $3.13M | 0.02% |
110,494
+80,371
| +267% | +$2.45M |
|
|
SLY
704
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $3.12M | 0.02% |
57,824
+864
| +2% | +$46.9K |
|
705
Prudential Financial
PRU
$41.7B
| $3.11M | 0.02% |
35,520
+2,330
| +7% | +$198K |
|
706
Invesco Municipal Opportunity Trust
VMO
$647M
| $3.1M | 0.02% |
253,319
+25,412
| +11% | +$321K |
|
707
Allstate
ALL
$66.9B
| $3.09M | 0.02% |
47,658
-3,083
| -6% | -$211K |
|
708
Bread Financial
BFH
$4.21B
| $3.08M | 0.02% |
13,058
+52
| +0.4% | +$12.4K |
|
709
iShares MSCI Singapore ETF
EWS
$1.01B
| $3.06M | 0.02% |
121,142
+778
| +0.6% | +$20.5K |
|
710
Humana
HUM
$46.7B
| $3.05M | 0.02% |
16,143
-10,112
| -39% | -$1.88M |
|
711
Mattel
MAT
$4.17B
| $3.04M | 0.02% |
117,814
+17,155
| +17% | +$452K |
|
712
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.7B
| $3.03M | 0.02% |
71,328
-254,752
| -78% | -$11.6M |
|
|
TEF
713
DELISTED
Telefonica
TEF
| $3.01M | 0.02% |
290,859
+123,735
| +74% | +$1.36M |
|
|
BSJG
714
DELISTED
Guggenheim BulletShares 2016 High Yield Corporate Bond ETF
BSJG
| $2.98M | 0.02% |
113,685
+11,804
| +12% | +$311K |
|
715
Microchip Technology
MCHP
$42.8B
| $2.97M | 0.02% |
129,368
-940
| -0.7% | -$22.8K |
|
716
iShares 10-20 Year Treasury Bond ETF
TLH
$11B
| $2.96M | 0.02% |
22,179
-51
| -0.2% | -$6.9K |
|
717
iShares MSCI Brazil ETF
EWZ
$9.05B
| $2.96M | 0.02% |
92,725
+4,163
| +5% | +$144K |
|
718
Invesco Leisure and Entertainment ETF
PEJ
$252M
| $2.95M | 0.01% |
80,548
+1,963
| +2% | +$72.7K |
|
719
First Trust Multi Cap Value AlphaDEX Fund
FAB
$152M
| $2.94M | 0.01% |
64,143
+7,645
| +14% | +$369K |
|
720
BCE
BCE
$19.9B
| $2.91M | 0.01% |
68,435
+18,290
| +36% | +$803K |
|
721
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36B
| $2.9M | 0.01% |
116,596
-103,772
| -47% | -$2.65M |
|
722
Automatic Data Processing
ADP
$100B
| $2.9M | 0.01% |
35,858
-2,464
| -6% | -$210K |
|
|
DTV
723
DELISTED
DIRECTV COM STK (DE)
DTV
| $2.89M | 0.01% |
30,772
+287
| +0.9% | +$25.9K |
|
724
Entergy
ETR
$54.1B
| $2.89M | 0.01% |
79,800
-4,826
| -6% | -$181K |
|
725
Nordic American Tanker
NAT
$1.37B
| $2.89M | 0.01% |
194,956
+57,304
| +42% | +$734K |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.