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
|
+$266M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$69.4M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$62M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$49.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$44.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
iShares Europe ETF
IEV
|
+$80M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$52.5M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$49.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 3.12% |
| 3 | Energy | 2.94% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Reaves Utility Income Fund
UTG
$3.64B
| $2.62M | 0.02% |
91,460
+6,662
| +8% | +$188K |
|
|
NML
727
Neuberger Energy Infrastructure and Income Fund Inc
NML
$582M
| $2.61M | 0.02% |
122,252
+21,489
| +21% | +$444K |
|
|
CBI
728
DELISTED
Chicago Bridge & Iron Nv
CBI
| $2.6M | 0.02% |
46,391
+14,100
| +44% | +$889K |
|
|
HPI
729
John Hancock Preferred Income Fund
HPI
$430M
| $2.59M | 0.02% |
130,112
+5,001
| +4% | +$100K |
|
|
NUM
730
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
| $2.58M | 0.02% |
188,056
+5,551
| +3% | +$77.7K |
|
731
iShares Intermediate Government/Credit Bond ETF
GVI
$3.77B
| $2.57M | 0.02% |
23,270
+1,845
| +9% | +$204K |
|
|
PIV
732
DELISTED
PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX
PIV
| $2.56M | 0.02% |
120,050
+7,072
| +6% | +$151K |
|
733
BlackRock Multi-Sector Income Trust
BIT
$694M
| $2.55M | 0.02% |
144,315
+70,520
| +96% | +$1.28M |
|
734
APA Corp
APA
$12.3B
| $2.55M | 0.02% |
27,995
-1,216
| -4% | -$120K |
|
735
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.14B
| $2.54M | 0.02% |
64,368
-13,542
| -17% | -$555K |
|
|
PWJ
736
DELISTED
POWERSHARES DYNAMIC MID CAP GRTH PORTFOLIO
PWJ
| $2.54M | 0.02% |
84,851
-980
| -1% | -$29.3K |
|
|
ALXN
737
DELISTED
Alexion Pharmaceuticals
ALXN
| $2.54M | 0.02% |
15,168
+3,407
| +29% | +$560K |
|
738
International Paper
IP
$22.5B
| $2.53M | 0.02% |
56,533
-3,045
| -5% | -$140K |
|
739
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$293M
| $2.52M | 0.02% |
43,856
-16,271
| -27% | -$1.01M |
|
|
X
740
DELISTED
US Steel
X
| $2.52M | 0.02% |
67,890
+1,158
| +2% | +$40.6K |
|
741
Mattel
MAT
$4.3B
| $2.52M | 0.02% |
82,566
+14,327
| +21% | +$507K |
|
742
Banco Santander
SAN
$200B
| $2.51M | 0.02% |
293,043
-4,267
| -1% | -$38.5K |
|
743
Bread Financial
BFH
$4.29B
| $2.51M | 0.02% |
12,950
+364
| +3% | +$76.5K |
|
|
WFM
744
DELISTED
Whole Foods Market Inc
WFM
| $2.5M | 0.01% |
66,108
+1,123
| +2% | +$42.9K |
|
745
Ambarella
AMBA
$2.99B
| $2.5M | 0.01% |
60,139
+8,103
| +16% | +$268K |
|
|
TEF
746
DELISTED
Telefonica
TEF
| $2.5M | 0.01% |
222,724
-3,805
| -2% | -$44.7K |
|
747
ProShares Ultra MidCap400
MVV
$156M
| $2.49M | 0.01% |
117,270
-6,864
| -6% | -$159K |
|
748
ProShares Short QQQ
PSQ
$832M
| $2.48M | 0.01% |
7,772
-8,903
| -53% | -$2.86M |
|
|
SNDK
749
DELISTED
SANDISK CORP
SNDK
| $2.48M | 0.01% |
26,050
+11,320
| +77% | +$1.11M |
|
750
iShares Global Materials ETF
MXI
$338M
| $2.48M | 0.01% |
42,136
-3,101
| -7% | -$198K |
|
Similar funds
LPL Financial's Q3 2014 Portfolio in Review
As of Q3 2014, LPL Financial held 2,870 positions worth $16.8B, down 2.3% from $17.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q3 2014 filing shows 194 new, 1,224 increased, 1,195 reduced and 174 closed positions. Its largest new stake was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M. The largest sale was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $223M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Energy.
- LPL Financial's largest Q3 2014 buy was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q3 2014, an estimated $266M increase.
- LPL Financial's biggest Q3 2014 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $223M.
- LPL Financial fully exited iShares MSCI France ETF in Q3 2014, selling an estimated $15.9M.
- LPL Financial's ten largest holdings make up 20% of its $16.8B portfolio in Q3 2014.
- LPL Financial opened 194 new positions and closed 174 in Q3 2014.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $16.8B.
Based on LPL Financial's 13F filing for Q3 2014, filed 10 Nov 2014.