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 |
Invesco BuyBack Achievers ETF
PKW
|
+$145M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$130M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$60.7M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$57M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$50.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$1.07B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$199M |
| 3 |
iShares MBS ETF
MBB
|
+$140M |
| 4 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$91.8M |
| 5 |
HDV
iShares Core High Dividend ETF
HDV
|
+$78.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3% |
| 2 | Energy | 2.83% |
| 3 | Healthcare | 2.65% |
| 4 | Financials | 2.62% |
| 5 | Industrials | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Chevron
CVX
$392B
| $56.9M | 0.38% |
479,572
-7,581
| -2% | -$932K |
|
|
HDV
52
iShares Core High Dividend ETF
HDV
$14.5B
| $53.3M | 0.36% |
3,969,480
-5,832,830
| -60% | -$78.9M |
|
53
Verizon
VZ
$195B
| $53.3M | 0.35% |
1,138,056
+47,622
| +4% | +$2.32M |
|
54
Invesco Senior Loan ETF
BKLN
$6.97B
| $53.2M | 0.35% |
2,151,414
+512,126
| +31% | +$12.7M |
|
55
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $52.8M | 0.35% |
903,766
+87,242
| +11% | +$5.07M |
|
56
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $52.7M | 0.35% |
1,021,263
-16,584
| -2% | -$833K |
|
57
iShares S&P 500 Value ETF
IVE
$49B
| $52.4M | 0.35% |
655,076
-877,579
| -57% | -$69.3M |
|
|
58
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $51.1M | 0.34% |
1,667,637
+1,647,868
| +8,336% | +$50.5M |
|
59
Berkshire Hathaway Class B
BRK.B
$1.1T
| $49.3M | 0.33% |
425,169
+39,027
| +10% | +$4.5M |
|
60
iShares Russell Mid-Cap ETF
IWR
$56B
| $49.1M | 0.33% |
1,392,904
+98,428
| +8% | +$3.36M |
|
61
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $47.4M | 0.32% |
981,876
+60,068
| +7% | +$2.82M |
|
62
Vanguard Morningstar Value ETF
VTV
$188B
| $46.9M | 0.31% |
658,844
+134,511
| +26% | +$9.47M |
|
63
iShares MSCI Japan ETF
EWJ
$21.9B
| $44.5M | 0.3% |
930,998
+318,649
| +52% | +$14.8M |
|
64
Coca-Cola
KO
$377B
| $43.7M | 0.29% |
1,152,699
+47,375
| +4% | +$1.87M |
|
65
IBM
IBM
$211B
| $43.6M | 0.29% |
243,930
+10,488
| +4% | +$1.91M |
|
66
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $43M | 0.29% |
1,356,936
-1,158
| -0.1% | -$36.7K |
|
67
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $42.5M | 0.28% |
1,534,475
+876,185
| +133% | +$23.8M |
|
68
SPDR Gold Trust
GLD
$131B
| $41.6M | 0.28% |
338,629
-550,914
| -62% | -$70.7M |
|
69
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $41.6M | 0.28% |
668,754
+48,956
| +8% | +$2.95M |
|
70
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $41.1M | 0.27% |
1,165,280
+113,488
| +11% | +$3.86M |
|
71
Procter & Gamble
PG
$336B
| $40.4M | 0.27% |
512,639
+7,210
| +1% | +$574K |
|
72
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $40.1M | 0.27% |
475,513
+63,866
| +16% | +$5.39M |
|
73
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.37B
| $39.7M | 0.26% |
375,877
-84,959
| -18% | -$8.93M |
|
74
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $39.5M | 0.26% |
716,628
+5,106
| +0.7% | +$272K |
|
75
iShares MSCI Mexico ETF
EWW
$1.92B
| $39.1M | 0.26% |
593,031
+568,677
| +2,335% | +$37.5M |
|
Similar funds
LPL Financial's Q3 2013 Portfolio in Review
As of Q3 2013, LPL Financial held 2,666 positions worth $15B, up 8% from $13.9B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $671M in Q3 2013, closing 131 positions and reducing 998 holdings. Its most notable exit was Equinix, an estimated $2.26M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.8% a quarter earlier, followed by Energy and Healthcare.
Against the trend, LPL Financial opened a new position in COLE REAL ESTATE INVESTMENTS, INC COM worth $32.5M.
- LPL Financial's largest Q3 2013 buy was COLE REAL ESTATE INVESTMENTS, INC COM: 2,619,591 shares worth $32.5M.
- LPL Financial added most to Invesco BuyBack Achievers ETF in Q3 2013, an estimated $145M increase.
- LPL Financial's biggest Q3 2013 reduction was iShares TIPS Bond ETF, cutting an estimated $1.07B.
- LPL Financial fully exited Equinix in Q3 2013, selling an estimated $2.26M.
- LPL Financial's ten largest holdings make up 20% of its $15B portfolio in Q3 2013.
- LPL Financial opened 246 new positions and closed 131 in Q3 2013.
- LPL Financial's portfolio value rose 8% quarter-over-quarter to $15B.
Based on LPL Financial's 13F filing for Q3 2013, filed 4 Nov 2013.