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 | |
|---|---|---|---|---|---|---|
751
Entergy
ETR
$53.1B
| $2.41M | 0.01% |
71,876
-7,924
| -10% | -$269K |
|
752
Ventas
VTR
$48.7B
| $2.41M | 0.01% |
42,154
+16,918
| +67% | +$1.11M |
|
753
Invesco Next Gen Media and Gaming ETF
GGME
$44.6M
| $2.39M | 0.01% |
96,357
+51,704
| +116% | +$1.32M |
|
754
ProShares Ultra Bloomberg Crude Oil
UCO
$414M
| $2.39M | 0.01% |
8,095
+2,270
| +39% | +$749K |
|
|
HIO
755
Western Asset High Income Opportunity Fund
HIO
$334M
| $2.38M | 0.01% |
507,142
+278,698
| +122% | +$1.36M |
|
756
Goodyear
GT
$2.04B
| $2.37M | 0.01% |
78,276
-11,997
| -13% | -$360K |
|
757
Northern Trust
NTRS
$22.4B
| $2.37M | 0.01% |
34,409
-455
| -1% | -$33.4K |
|
758
Salesforce
CRM
$142B
| $2.35M | 0.01% |
31,274
+14,263
| +84% | +$1.01M |
|
|
HDS
759
DELISTED
HD Supply Holdings, Inc.
HDS
| $2.34M | 0.01% |
79,010
-1,349
| -2% | -$45.2K |
|
760
Devon Energy
DVN
$49.8B
| $2.34M | 0.01% |
54,479
-20,667
| -28% | -$948K |
|
761
Invesco KBW Property & Casualty Insurance ETF
KBWP
$270M
| $2.34M | 0.01% |
50,677
+728
| +1% | +$33.7K |
|
762
Becton Dickinson
BDX
$43.8B
| $2.34M | 0.01% |
17,475
-1,997
| -10% | -$279K |
|
763
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $2.34M | 0.01% |
63,432
+436
| +0.7% | +$16.3K |
|
764
ProShares Short Russell2000
RWM
$132M
| $2.33M | 0.01% |
37,244
+17,363
| +87% | +$1.05M |
|
765
Broadcom
AVGO
$1.82T
| $2.33M | 0.01% |
192,380
+43,730
| +29% | +$552K |
|
|
RPAI
766
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $2.33M | 0.01% |
163,169
-83,125
| -34% | -$1.19M |
|
767
iShares Agency Bond ETF
AGZ
$559M
| $2.32M | 0.01% |
20,381
+5,344
| +36% | +$606K |
|
768
WisdomTree International SmallCap Dividend Fund
DLS
$1.05B
| $2.32M | 0.01% |
40,836
-5,086
| -11% | -$296K |
|
769
Chubb
CB
$139B
| $2.32M | 0.01% |
22,255
+3,100
| +16% | +$324K |
|
770
First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
$98.6M
| $2.32M | 0.01% |
48,987
+18,761
| +62% | +$897K |
|
|
HIX
771
Western Asset High Income Fund II
HIX
$352M
| $2.32M | 0.01% |
354,357
-225,259
| -39% | -$1.58M |
|
772
eBay
EBAY
$50.3B
| $2.32M | 0.01% |
90,155
-136,922
| -60% | -$3.68M |
|
773
Constellation Brands
STZ
$22.2B
| $2.32M | 0.01% |
17,535
+1,031
| +6% | +$127K |
|
774
First Trust STOXX European Select Dividend Income Fund
FDD
$861M
| $2.32M | 0.01% |
187,863
-39,000
| -17% | -$491K |
|
775
Fortinet
FTNT
$112B
| $2.31M | 0.01% |
261,515
+102,155
| +64% | +$904K |
|
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.