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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $65.7M | 0.38% |
1,243,496
-11,178
| -0.9% | -$590K |
|
52
iShares TIPS Bond ETF
TIP
$14.5B
| $65.7M | 0.38% |
569,124
-51,289
| -8% | -$5.84M |
|
53
iShares Russell Mid-Cap ETF
IWR
$56B
| $63.3M | 0.37% |
1,557,348
+37,272
| +2% | +$1.45M |
|
54
AT&T
T
$159B
| $62.4M | 0.36% |
2,335,303
-35,081
| -1% | -$940K |
|
55
Vanguard Morningstar Value ETF
VTV
$188B
| $61.3M | 0.36% |
757,121
+26,691
| +4% | +$2.11M |
|
56
Verizon
VZ
$195B
| $60.2M | 0.35% |
1,229,842
+20,417
| +2% | +$989K |
|
57
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $59M | 0.34% |
1,195,861
+364,027
| +44% | +$17.2M |
|
58
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $58.7M | 0.34% |
924,352
+147,962
| +19% | +$9.01M |
|
59
Chevron
CVX
$392B
| $58.6M | 0.34% |
448,807
-3,754
| -0.8% | -$467K |
|
60
Berkshire Hathaway Class B
BRK.B
$1.1T
| $58.2M | 0.34% |
459,912
+16,085
| +4% | +$2.04M |
|
61
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $56.2M | 0.33% |
773,964
+73,969
| +11% | +$5.16M |
|
62
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $55.8M | 0.33% |
694,509
+79,796
| +13% | +$6.4M |
|
63
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $54.8M | 0.32% |
1,641,634
-221,782
| -12% | -$7.19M |
|
64
Invesco FTSE RAFI US 1000 ETF
PRF
$9.79B
| $53.4M | 0.31% |
3,018,205
+385,785
| +15% | +$6.64M |
|
65
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.33B
| $52.3M | 0.3% |
1,721,712
+45,234
| +3% | +$1.35M |
|
|
HDV
66
iShares Core High Dividend ETF
HDV
$14.5B
| $52.2M | 0.3% |
3,458,990
-22,365
| -0.6% | -$329K |
|
67
Alphabet (Google) Class C
GOOG
$4.36T
| $51.2M | 0.3% |
1,769,545
+85,697
| +5% | +$2.33M |
|
68
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $50.1M | 0.29% |
1,690,084
-110,240
| -6% | -$3.15M |
|
69
Vanguard Morningstar Large-Cap ETF
VV
$52.4B
| $49.8M | 0.29% |
552,719
+11,076
| +2% | +$968K |
|
70
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $47.3M | 0.28% |
1,328,032
-34,074
| -3% | -$1.18M |
|
71
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$304M
| $46.8M | 0.27% |
770,261
+82,908
| +12% | +$5.28M |
|
72
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $46.5M | 0.27% |
915,724
-266,166
| -23% | -$13.5M |
|
73
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.57B
| $46.5M | 0.27% |
1,049,279
+193,093
| +23% | +$8.25M |
|
74
iShares US Technology ETF
IYW
$23.6B
| $45.2M | 0.26% |
1,866,500
+113,020
| +6% | +$2.61M |
|
75
Walt Disney
DIS
$167B
| $44.3M | 0.26% |
516,663
+8,523
| +2% | +$696K |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.