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 | |
|---|---|---|---|---|---|---|
|
NCZ
826
Virtus Convertible & Income Fund II
NCZ
$289M
| $1.73M | 0.01% |
79,416
-57,488
| -42% | -$1.18M |
|
|
STON
827
DELISTED
StoneMor Inc.
STON
| $1.73M | 0.01% |
68,144
-12,392
| -15% | -$300K |
|
|
PMX
828
DELISTED
PIMCO Municipal Income Fund III
PMX
| $1.73M | 0.01% |
133,423
-192,037
| -59% | -$2.41M |
|
829
Capital One
COF
$124B
| $1.73M | 0.01% |
28,204
-34,305
| -55% | -$2.39M |
|
830
Edwards Lifesciences
EW
$47.6B
| $1.73M | 0.01% |
50,106
-79,782
| -61% | -$2.73M |
|
831
Copart
CPRT
$25.9B
| $1.72M | 0.01% |
+279,568
| New | +$1.57M |
|
832
BlackRock Energy and Resources Trust
BGR
$420M
| $1.72M | 0.01% |
122,750
-94,986
| -44% | -$1.3M |
|
833
Corpay
CPAY
$24.2B
| $1.72M | 0.01% |
12,342
-3,850
| -24% | -$573K |
|
834
Marathon Petroleum
MPC
$90.3B
| $1.72M | 0.01% |
47,127
-27,103
| -37% | -$996K |
|
835
Chevron
CVX
$388B
| $1.72M | 0.01% |
16,394
-1,005,306
| -98% | -$101M |
|
836
TechnipFMC
FTI
$30.6B
| $1.71M | 0.01% |
88,860
+78,350
| +745% | +$1.62M |
|
|
VVC
837
DELISTED
Vectren Corporation
VVC
| $1.71M | 0.01% |
32,211
-32,293
| -50% | -$1.62M |
|
838
Middleby
MIDD
$6.05B
| $1.71M | 0.01% |
15,110
+9,004
| +147% | +$1.03M |
|
|
EEP
839
DELISTED
Enbridge Energy Partners
EEP
| $1.71M | 0.01% |
76,645
-73,761
| -49% | -$1.56M |
|
840
BlackRock Enhanced Captial and Income Fund
CII
$1B
| $1.7M | 0.01% |
125,585
-144,412
| -53% | -$1.95M |
|
841
Skyworks Solutions
SWKS
$9.06B
| $1.7M | 0.01% |
28,717
-39,752
| -58% | -$2.7M |
|
842
Constellation Brands
STZ
$22.2B
| $1.7M | 0.01% |
10,276
-40,148
| -80% | -$6.29M |
|
|
POT
843
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.7M | 0.01% |
105,306
-204,374
| -66% | -$3.42M |
|
|
ALXN
844
DELISTED
Alexion Pharmaceuticals
ALXN
| $1.7M | 0.01% |
14,016
+5,380
| +62% | +$763K |
|
845
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $1.69M | 0.01% |
32,013
-12,622
| -28% | -$656K |
|
|
BSCI
846
DELISTED
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
| $1.68M | 0.01% |
78,591
-69,451
| -47% | -$1.48M |
|
|
HOT
847
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $1.67M | 0.01% |
22,210
+8,104
| +57% | +$622K |
|
848
Nuveen Credit Strategies Income Fund
JQC
$702M
| $1.67M | 0.01% |
204,815
-152,500
| -43% | -$1.22M |
|
|
DBS
849
DELISTED
Invesco DB Silver Fund
DBS
| $1.67M | 0.01% |
+52,304
| New | +$1.4M |
|
850
CME Group
CME
$92.2B
| $1.66M | 0.01% |
16,960
-5,794
| -25% | -$548K |
|
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.