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 |
iShares MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Masco
MAS
$16.4B
| $2.53M | 0.01% |
95,506
+28,007
| +41% | +$719K |
|
|
K
727
DELISTED
Kellanova
K
| $2.52M | 0.01% |
39,496
+2,002
| +5% | +$125K |
|
|
PCL
728
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $2.52M | 0.01% |
61,948
-6,764
| -10% | -$271K |
|
729
iShares Global Tech ETF
IXN
$8.27B
| $2.52M | 0.01% |
161,874
-76,938
| -32% | -$1.2M |
|
730
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $2.51M | 0.01% |
50,126
+7,900
| +19% | +$396K |
|
731
Western Union
WU
$2.55B
| $2.51M | 0.01% |
134,161
-6,551
| -5% | -$125K |
|
732
Motorola Solutions
MSI
$70.3B
| $2.51M | 0.01% |
36,027
+2,980
| +9% | +$188K |
|
733
Royal Gold
RGLD
$17.1B
| $2.5M | 0.01% |
50,576
+38,411
| +316% | +$1.98M |
|
734
Canadian National Railway
CNI
$78B
| $2.5M | 0.01% |
42,437
+793
| +2% | +$46.2K |
|
735
Tyson Foods
TSN
$21.4B
| $2.49M | 0.01% |
55,478
+8,382
| +18% | +$357K |
|
736
Sinclair Inc
SBGI
$974M
| $2.49M | 0.01% |
91,090
+3,831
| +4% | +$106K |
|
737
Monster Beverage
MNST
$93.2B
| $2.48M | 0.01% |
110,208
-35,652
| -24% | -$836K |
|
738
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$39.8B
| $2.47M | 0.01% |
93,810
+14,935
| +19% | +$406K |
|
739
ProShares Trust Short MSCI Emerging Markets
EUM
$9.73M
| $2.46M | 0.01% |
43,401
-47,272
| -52% | -$2.67M |
|
740
JetBlue
JBLU
$2.02B
| $2.46M | 0.01% |
92,800
+24,271
| +35% | +$572K |
|
741
BlackRock Enhanced Global Dividend Trust
BOE
$661M
| $2.46M | 0.01% |
195,925
-7,956
| -4% | -$105K |
|
742
Stanley Black & Decker
SWK
$14.6B
| $2.46M | 0.01% |
24,612
+780
| +3% | +$80.3K |
|
743
iShares Russell Top 200 Growth ETF
IWY
$15.7B
| $2.45M | 0.01% |
47,944
-24,247
| -34% | -$1.26M |
|
|
ITC
744
DELISTED
ITC HOLDINGS CORP
ITC
| $2.44M | 0.01% |
75,201
+4,062
| +6% | +$135K |
|
|
NS
745
DELISTED
NuStar Energy L.P.
NS
| $2.44M | 0.01% |
49,100
-25,569
| -34% | -$1.35M |
|
746
First Trust Multi Cap Value AlphaDEX Fund
FAB
$163M
| $2.44M | 0.01% |
57,542
-6,601
| -10% | -$287K |
|
|
MORE
747
DELISTED
Monogram Residential Trust, Inc.
MORE
| $2.43M | 0.01% |
254,773
+21,820
| +9% | +$204K |
|
|
WBIC
748
DELISTED
WBI BullBear Yield 2000 ETF
WBIC
| $2.43M | 0.01% |
107,332
+50,292
| +88% | +$1.17M |
|
749
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$370M
| $2.42M | 0.01% |
12,231
-944
| -7% | -$201K |
|
750
iShares Core Dividend Growth ETF
DGRO
$42.8B
| $2.41M | 0.01% |
96,074
-35,644
| -27% | -$908K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.