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 | |
|---|---|---|---|---|---|---|
|
KMF
851
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $1.66M | 0.01% |
119,628
-100,302
| -46% | -$1.29M |
|
|
BSCG
852
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $1.65M | 0.01% |
74,934
-67,182
| -47% | -$1.48M |
|
|
CTR
853
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
| $1.65M | 0.01% |
25,956
-26,720
| -51% | -$1.58M |
|
854
Southern Company
SO
$110B
| $1.65M | 0.01% |
30,597
-910,568
| -97% | -$45.8M |
|
|
OAK
855
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $1.65M | 0.01% |
36,864
-30,931
| -46% | -$1.44M |
|
|
CXP
856
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $1.65M | 0.01% |
77,126
-101,933
| -57% | -$2.21M |
|
857
Blackrock
BLK
$164B
| $1.65M | 0.01% |
4,890
-17,340
| -78% | -$6.09M |
|
|
ISD
858
PGIM High Yield Bond Fund
ISD
$414M
| $1.64M | 0.01% |
103,652
-79,450
| -43% | -$1.24M |
|
|
SHPG
859
DELISTED
Shire pic
SHPG
| $1.64M | 0.01% |
8,735
+7,164
| +456% | +$1.29M |
|
860
Markel Group
MKL
$25B
| $1.64M | 0.01% |
1,770
-2,156
| -55% | -$2.01M |
|
861
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$16.9B
| $1.64M | 0.01% |
73,197
-95,481
| -57% | -$2.12M |
|
862
Vodafone
VOD
$34.9B
| $1.64M | 0.01% |
53,584
-199,263
| -79% | -$6.47M |
|
|
CTXS
863
DELISTED
Citrix Systems Inc
CTXS
| $1.64M | 0.01% |
25,849
+19,729
| +322% | +$1.3M |
|
|
TEI
864
Templeton Emerging Markets Income Fund
TEI
$310M
| $1.63M | 0.01% |
154,189
-190,911
| -55% | -$1.99M |
|
865
Amgen
AMGN
$203B
| $1.63M | 0.01% |
10,423
-146,764
| -93% | -$22.8M |
|
866
Halliburton
HAL
$27.9B
| $1.63M | 0.01% |
37,225
-97,642
| -72% | -$4.02M |
|
867
Expeditors International
EXPD
$22.9B
| $1.62M | 0.01% |
33,158
-33,195
| -50% | -$1.61M |
|
868
Smith & Nephew
SNN
$12.9B
| $1.62M | 0.01% |
47,446
+35,758
| +306% | +$1.21M |
|
|
GOV
869
DELISTED
Government Properties Income Trust
GOV
| $1.62M | 0.01% |
69,338
-349
| -0.5% | -$6.82K |
|
|
X
870
DELISTED
US Steel
X
| $1.61M | 0.01% |
89,959
-109,556
| -55% | -$1.84M |
|
|
EIM
871
Eaton Vance Municipal Bond Fund
EIM
$492M
| $1.61M | 0.01% |
112,365
-163,879
| -59% | -$2.25M |
|
872
Brown-Forman Class A
BF.A
$12.3B
| $1.61M | 0.01% |
38,543
-38,085
| -50% | -$1.59M |
|
|
ULQ
873
DELISTED
CLAYMORE US CAPITAL MARKETS MICRO-TERM FIXED INCOME ETF
ULQ
| $1.61M | 0.01% |
32,106
-7,522
| -19% | -$376K |
|
874
Illinois Tool Works
ITW
$81.4B
| $1.6M | 0.01% |
15,230
-52,487
| -78% | -$5.5M |
|
875
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE
$14.8M
| $1.59M | 0.01% |
35,049
-76,498
| -69% | -$3.41M |
|
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.