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 | |
|---|---|---|---|---|---|---|
701
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.2B
| $5.1M | 0.01% |
362,282
+138,371
| +62% | +$1.92M |
|
702
Texas Instruments
TXN
$255B
| $5.09M | 0.01% |
88,199
-7,038
| -7% | -$374K |
|
703
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $5.08M | 0.01% |
213,950
-43,569
| -17% | -$1.01M |
|
|
IGR
704
CBRE Global Real Estate Income Fund
IGR
$712M
| $5.07M | 0.01% |
665,550
-101,619
| -13% | -$735K |
|
705
Invesco Value Municipal Income Trust
IIM
$585M
| $5.07M | 0.01% |
295,365
-19,807
| -6% | -$334K |
|
706
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$92.3M
| $5.06M | 0.01% |
141,096
-112,839
| -44% | -$4M |
|
707
Selective Insurance
SIGI
$5.53B
| $5.06M | 0.01% |
142,440
+260
| +0.2% | +$8.62K |
|
708
Campbell Soup
CPB
$6.67B
| $5.05M | 0.01% |
78,487
+29,137
| +59% | +$1.71M |
|
|
VXX
709
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $5.05M | 0.01% |
16,998
+13,397
| +372% | +$5.04M |
|
710
Seagate
STX
$185B
| $5.04M | 0.01% |
153,279
+68,282
| +80% | +$2.2M |
|
711
Wheaton Precious Metals
WPM
$50.9B
| $5.02M | 0.01% |
309,883
+18,410
| +6% | +$267K |
|
712
Hershey
HSY
$36.6B
| $5.01M | 0.01% |
54,882
+23,850
| +77% | +$2.13M |
|
713
Becton Dickinson
BDX
$43.8B
| $5M | 0.01% |
33,521
+737
| +2% | +$105K |
|
|
DIAX
714
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $4.99M | 0.01% |
359,581
-36,167
| -9% | -$485K |
|
715
American Water Works
AWK
$26.3B
| $4.99M | 0.01% |
72,273
+5,280
| +8% | +$344K |
|
|
POT
716
DELISTED
Potash Corp Of Saskatchewan
POT
| $4.98M | 0.01% |
309,680
+135,506
| +78% | +$2.28M |
|
|
BFZ
717
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $4.97M | 0.01% |
306,091
+8,896
| +3% | +$143K |
|
718
PIMCO Dynamic Income Fund
PDI
$7.33B
| $4.96M | 0.01% |
191,041
-8,558
| -4% | -$223K |
|
719
Nuveen Taxable Municipal Income Fund
NBB
$447M
| $4.96M | 0.01% |
226,939
+22,842
| +11% | +$477K |
|
720
iShares International Treasury Bond ETF
IGOV
$1.51B
| $4.95M | 0.01% |
101,168
+4,728
| +5% | +$220K |
|
721
AB InBev
BUD
$156B
| $4.95M | 0.01% |
39,894
+2,710
| +7% | +$322K |
|
722
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $4.95M | 0.01% |
+56,422
| New | +$4.75M |
|
723
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $4.94M | 0.01% |
129,458
-9,792
| -7% | -$354K |
|
724
Lumen
LUMN
$6.45B
| $4.93M | 0.01% |
153,578
-29,075
| -16% | -$815K |
|
725
Teva Pharmaceuticals
TEVA
$36.2B
| $4.91M | 0.01% |
89,977
-74,767
| -45% | -$4.39M |
|
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.