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 | |
|---|---|---|---|---|---|---|
801
iShares S&P 500 Growth ETF
IVW
$72.5B
| $1.83M | 0.02% |
62,608
-9,758,900
| -99% | -$283M |
|
|
CYBR
802
DELISTED
CyberArk
CYBR
| $1.83M | 0.02% |
36,479
-6,175
| -14% | -$267K |
|
803
Palo Alto Networks
PANW
$264B
| $1.82M | 0.02% |
91,140
-301,944
| -77% | -$6.99M |
|
804
American Express
AXP
$223B
| $1.8M | 0.02% |
30,298
-159,199
| -84% | -$10.1M |
|
805
National Beverage
FIZZ
$2.87B
| $1.8M | 0.02% |
58,338
-31,826
| -35% | -$812K |
|
806
Ambarella
AMBA
$2.99B
| $1.8M | 0.02% |
35,306
-40,826
| -54% | -$1.8M |
|
807
Acuity Brands
AYI
$9.88B
| $1.8M | 0.02% |
7,179
-7,685
| -52% | -$1.92M |
|
808
Nuveen Arizona Quality Municipal Income Fund
NAZ
$158M
| $1.8M | 0.02% |
103,462
-87,566
| -46% | -$1.41M |
|
809
iShares Expanded Tech Sector ETF
IGM
$9.94B
| $1.79M | 0.02% |
97,686
-113,346
| -54% | -$2.08M |
|
810
FedEx
FDX
$74.5B
| $1.79M | 0.02% |
11,842
-103,894
| -90% | -$16.8M |
|
811
T-Mobile US
TMUS
$193B
| $1.79M | 0.02% |
+41,502
| New | +$1.7M |
|
812
Johnson Controls International
JCI
$87.5B
| $1.79M | 0.02% |
40,025
-150,797
| -79% | -$6.64M |
|
813
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1B
| $1.79M | 0.02% |
61,289
-57,996
| -49% | -$1.68M |
|
814
Nasdaq
NDAQ
$51.5B
| $1.79M | 0.02% |
82,827
-21,012
| -20% | -$449K |
|
815
iShares Morningstar Small-Cap Growth ETF
ISCG
$960M
| $1.78M | 0.02% |
79,608
-77,226
| -49% | -$1.69M |
|
816
Invesco DB US Dollar Index Bullish Fund
UUP
$434M
| $1.78M | 0.02% |
71,629
-75,851
| -51% | -$1.86M |
|
|
FAM
817
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $1.78M | 0.02% |
154,879
-174,950
| -53% | -$1.93M |
|
|
NHS
818
Neuberger High Yield Strategies Fund Inc
NHS
$252M
| $1.77M | 0.02% |
161,825
-191,428
| -54% | -$2.06M |
|
819
Sempra
SRE
$60.8B
| $1.77M | 0.01% |
30,908
-27,370
| -47% | -$1.45M |
|
820
State Street Global Allocation ETF
GAL
$302M
| $1.77M | 0.01% |
52,941
-52,050
| -50% | -$1.72M |
|
821
Global X Lithium & Battery Tech ETF
LIT
$1.49B
| $1.76M | 0.01% |
72,133
-93,996
| -57% | -$2.21M |
|
822
First Trust Multi Cap Value AlphaDEX Fund
FAB
$152M
| $1.76M | 0.01% |
41,859
-138,703
| -77% | -$5.94M |
|
823
ASML
ASML
$675B
| $1.75M | 0.01% |
+18,480
| New | +$1.8M |
|
824
Royce Value Trust
RVT
$2.21B
| $1.74M | 0.01% |
147,821
-152,556
| -51% | -$1.8M |
|
825
Stanley Black & Decker
SWK
$14.2B
| $1.74M | 0.01% |
15,490
-20,550
| -57% | -$2.28M |
|
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.