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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
HP
HPQ
$25.7B
| $4.63M | 0.01% |
387,014
+185,857
| +92% | +$1.99M |
|
752
ProShares Ultra Financials
UYG
$843M
| $4.62M | 0.01% |
220,191
-7,311
| -3% | -$144K |
|
753
Sinclair Inc
SBGI
$1.02B
| $4.62M | 0.01% |
149,871
+3,491
| +2% | +$107K |
|
754
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $4.62M | 0.01% |
488,837
+33,347
| +7% | +$308K |
|
755
Entergy
ETR
$53B
| $4.6M | 0.01% |
119,280
-6,920
| -5% | -$251K |
|
756
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.79B
| $4.6M | 0.01% |
107,670
+81,092
| +305% | +$3.2M |
|
757
Southwest Airlines
LUV
$22.6B
| $4.59M | 0.01% |
105,261
-49,342
| -32% | -$2.01M |
|
|
SLY
758
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $4.59M | 0.01% |
92,528
-16,318
| -15% | -$765K |
|
759
Invesco S&P SmallCap Low Volatility ETF
XSLV
$251M
| $4.58M | 0.01% |
133,214
+44,004
| +49% | +$1.45M |
|
760
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.53B
| $4.58M | 0.01% |
185,496
+148,629
| +403% | +$3.45M |
|
|
PGP
761
PIMCO Global StockPLUS & Income Fund
PGP
$96.9M
| $4.56M | 0.01% |
237,305
-279
| -0.1% | -$5.01K |
|
762
Truist Financial
TFC
$64.4B
| $4.55M | 0.01% |
137,694
+1,333
| +1% | +$44.3K |
|
763
VanEck Agribusiness ETF
MOO
$997M
| $4.55M | 0.01% |
99,605
-52,276
| -34% | -$2.34M |
|
764
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.5B
| $4.54M | 0.01% |
188,588
-39,376
| -17% | -$909K |
|
765
iShares MSCI EAFE Value ETF
EFV
$28.4B
| $4.5M | 0.01% |
104,793
-10,239
| -9% | -$442K |
|
|
FEN
766
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $4.5M | 0.01% |
203,291
+18,702
| +10% | +$398K |
|
|
BSCL
767
DELISTED
Invesco BulletShares 2021 Corporate Bond ETF
BSCL
| $4.49M | 0.01% |
212,598
+1,071
| +0.5% | +$22.1K |
|
768
Alcoa
AA
$11.7B
| $4.49M | 0.01% |
198,347
+21,679
| +12% | +$441K |
|
769
VictoryShares US 500 Volatility Wtd ETF
CFA
$545M
| $4.48M | 0.01% |
123,418
+73,828
| +149% | +$2.54M |
|
770
BlackRock Debt Strategies Fund
DSU
$591M
| $4.48M | 0.01% |
434,363
+244,436
| +129% | +$2.43M |
|
771
Goodyear
GT
$2.1B
| $4.48M | 0.01% |
143,391
+2,769
| +2% | +$83.4K |
|
|
ARII
772
DELISTED
American Railcar Industries, Inc.
ARII
| $4.48M | 0.01% |
113,459
+9,685
| +9% | +$405K |
|
773
Cigna
CI
$79.8B
| $4.48M | 0.01% |
33,048
+6,978
| +27% | +$958K |
|
774
Las Vegas Sands
LVS
$31.9B
| $4.47M | 0.01% |
89,595
+4,833
| +6% | +$221K |
|
775
Edwards Lifesciences
EW
$48.2B
| $4.47M | 0.01% |
129,888
+1,314
| +1% | +$36.3K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.