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 S&P Mid-Cap 400 Value ETF
IJJ
|
+$19.2M |
| 2 |
MLPI
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$15.3M |
| 3 |
Vanguard S&P 500 Value ETF
VOOV
|
+$12.3M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$11.2M |
| 5 |
DWIN
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
|
+$9.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.07B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$878M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$829M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$809M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$564M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.4% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
iShares MSCI EAFE Value ETF
EFV
$27.6B
| $2.15M | 0.02% |
51,371
-53,422
| -51% | -$2.41M |
|
727
Eaton
ETN
$157B
| $2.14M | 0.02% |
36,027
-42,431
| -54% | -$2.61M |
|
728
iShares MSCI Brazil ETF
EWZ
$9.05B
| $2.14M | 0.02% |
72,982
-55,384
| -43% | -$1.53M |
|
729
Old Republic International
ORI
$10.3B
| $2.13M | 0.02% |
110,841
-116,529
| -51% | -$2.18M |
|
730
Eldorado Gold
EGO
$8.31B
| $2.13M | 0.02% |
84,612
-84,541
| -50% | -$1.75M |
|
731
Estee Lauder
EL
$29B
| $2.13M | 0.02% |
23,419
+15,604
| +200% | +$1.46M |
|
|
GHY
732
PGIM Global High Yield Fund
GHY
$478M
| $2.12M | 0.02% |
140,331
-143,854
| -51% | -$2.14M |
|
733
Duke Energy
DUK
$102B
| $2.11M | 0.02% |
24,434
-342,408
| -93% | -$27.4M |
|
734
iShares Treasury Floating Rate Bond ETF
TFLO
$6.56B
| $2.1M | 0.02% |
41,998
-45,520
| -52% | -$2.28M |
|
735
Invesco Dorsey Wright Technology Momentum ETF
PTF
$632M
| $2.1M | 0.02% |
167,361
-103,101
| -38% | -$1.27M |
|
|
KYE
736
DELISTED
Kayne Anderson Energy
KYE
| $2.1M | 0.02% |
199,960
-103,737
| -34% | -$992K |
|
737
Prudential Financial
PRU
$41.7B
| $2.1M | 0.02% |
30,388
-16,578
| -35% | -$1.25M |
|
738
State Street SPDR S&P Pharmaceuticals ETF
XPH
$469M
| $2.1M | 0.02% |
48,903
-40,100
| -45% | -$1.7M |
|
739
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$479M
| $2.1M | 0.02% |
38,271
-39,092
| -51% | -$2.12M |
|
|
TEF
740
DELISTED
Telefonica
TEF
| $2.09M | 0.02% |
295,106
-254,354
| -46% | -$2.04M |
|
741
BlackRock Enhanced Global Dividend Trust
BOE
$662M
| $2.09M | 0.02% |
179,444
-163,796
| -48% | -$1.94M |
|
|
JPI
742
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $2.08M | 0.02% |
84,631
-65,265
| -44% | -$1.54M |
|
743
TotalEnergies
TTE
$193B
| $2.08M | 0.02% |
44,336
-112,170
| -72% | -$5.37M |
|
744
VanEck Brazil Small-Cap ETF
BRF
$21.6M
| $2.08M | 0.02% |
142,107
-139,986
| -50% | -$1.84M |
|
745
ProShares Ultra Bloomberg Crude Oil
UCO
$443M
| $2.08M | 0.02% |
14,274
-39,712
| -74% | -$5.75M |
|
746
McDonald's
MCD
$188B
| $2.07M | 0.02% |
17,218
-349,271
| -95% | -$43.7M |
|
747
Biogen
BIIB
$29.9B
| $2.07M | 0.02% |
8,362
-32,526
| -80% | -$8.57M |
|
748
Bank of America
BAC
$435B
| $2.07M | 0.02% |
160,831
-2,734,572
| -94% | -$38.4M |
|
|
XLKS
749
DELISTED
POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO
XLKS
| $2.06M | 0.02% |
37,649
-35,615
| -49% | -$1.95M |
|
750
Oneok
OKE
$58.7B
| $2.05M | 0.02% |
43,273
-57,682
| -57% | -$2.29M |
|
Similar funds
LPL Financial's Q2 2016 Portfolio in Review
As of Q2 2016, LPL Financial held 3,304 positions worth $11.8B, down 67% from $35.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial withdrew a net $24.9B in Q2 2016, closing 680 positions and reducing 2,172 holdings. Its most notable exit was iShares Gold Trust, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.6% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in Xtrackers MSCI All World ex US Hedged Equity ETF worth $3.23M.
- LPL Financial's largest Q2 2016 buy was Xtrackers MSCI All World ex US Hedged Equity ETF: 150,365 shares worth $3.23M.
- LPL Financial added most to iShares S&P Mid-Cap 400 Value ETF in Q2 2016, an estimated $19.2M increase.
- LPL Financial's biggest Q2 2016 reduction was Vanguard Total Bond Market, cutting an estimated $1.07B.
- LPL Financial fully exited iShares Gold Trust in Q2 2016, selling an estimated $144M.
- LPL Financial's ten largest holdings make up 24% of its $11.8B portfolio in Q2 2016.
- LPL Financial opened 202 new positions and closed 680 in Q2 2016.
- LPL Financial's portfolio value fell 67% quarter-over-quarter to $11.8B.
Based on LPL Financial's 13F filing for Q2 2016, filed 15 Aug 2016.