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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SABA
751
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $2.72M | 0.01% |
193,003
-5,686
| -3% | -$82.3K |
|
752
J.M. Smucker
SJM
$12.6B
| $2.72M | 0.01% |
25,148
+6,444
| +34% | +$746K |
|
753
Baxter International
BAX
$11.6B
| $2.72M | 0.01% |
131,458
-47,414
| -27% | -$1.77M |
|
|
HYLD
754
DELISTED
High Yield ETF
HYLD
| $2.71M | 0.01% |
66,966
-4,980
| -7% | -$207K |
|
755
Goodyear
GT
$2.07B
| $2.71M | 0.01% |
90,273
+16,978
| +23% | +$505K |
|
756
Becton Dickinson
BDX
$43.1B
| $2.71M | 0.01% |
19,472
-467
| -2% | -$64.5K |
|
|
JTP
757
DELISTED
NUVEEN QUALITY PFD INCOME FD
JTP
| $2.7M | 0.01% |
341,189
+12,610
| +4% | +$105K |
|
|
DBGR
758
DELISTED
Xtrackers MSCI Germany Hedged Equity ETF
DBGR
| $2.69M | 0.01% |
108,575
+92,838
| +590% | +$2.57M |
|
759
W.W. Grainger
GWW
$65.3B
| $2.68M | 0.01% |
11,468
+214
| +2% | +$51.9K |
|
|
FLC
760
Flaherty & Crumrine Total Return Fund
FLC
$174M
| $2.67M | 0.01% |
135,110
+1,668
| +1% | +$34.1K |
|
761
Western Union
WU
$2.57B
| $2.67M | 0.01% |
140,712
-21,795
| -13% | -$464K |
|
762
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.36B
| $2.66M | 0.01% |
207,610
-35,140
| -14% | -$473K |
|
763
Northern Trust
NTRS
$22.2B
| $2.65M | 0.01% |
34,864
+723
| +2% | +$53.9K |
|
|
PMF
764
DELISTED
PIMCO Municipal Income Fund
PMF
| $2.65M | 0.01% |
190,537
-4,228
| -2% | -$62.5K |
|
|
SNLN
765
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $2.65M | 0.01% |
137,754
+8,911
| +7% | +$173K |
|
766
State Street SPDR S&P China ETF
GXC
$445M
| $2.64M | 0.01% |
31,752
-22,505
| -41% | -$2.13M |
|
|
COL
767
DELISTED
Rockwell Collins
COL
| $2.63M | 0.01% |
28,781
+4,202
| +17% | +$404K |
|
768
First Trust S&P REIT Index Fund
FRI
$195M
| $2.63M | 0.01% |
124,836
-96,178
| -44% | -$2.11M |
|
769
BHP
BHP
$213B
| $2.61M | 0.01% |
73,977
-14,170
| -16% | -$572K |
|
|
EFR
770
Eaton Vance Senior Floating-Rate Fund
EFR
$311M
| $2.61M | 0.01% |
188,291
+26,332
| +16% | +$380K |
|
771
Invesco Dorsey Wright Energy Momentum ETF
PXI
$67.4M
| $2.61M | 0.01% |
59,539
+10,939
| +23% | +$522K |
|
|
SRC
772
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $2.61M | 0.01% |
58,296
-5,848
| -9% | -$292K |
|
773
O'Reilly Automotive
ORLY
$72.4B
| $2.6M | 0.01% |
168,030
+70,890
| +73% | +$1.05M |
|
774
First Trust Managed Futures Strategy Fund
FMF
$250M
| $2.6M | 0.01% |
51,625
+1,660
| +3% | +$85.7K |
|
775
Invesco Aerospace & Defense ETF
PPA
$8.27B
| $2.6M | 0.01% |
73,623
+4,754
| +7% | +$173K |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.